Should I buy or sell Cinemark stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CNK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNK, but not buy additional shares or sell existing shares. View CNK analyst ratings or view top-rated stocks .

What is Cinemark's stock price target for 2024?

10 Wall Street analysts have issued twelve-month target prices for Cinemark's shares. Their CNK share price targets range from $12.50 to $24.00. On average, they anticipate the company's share price to reach $19.39 in the next twelve months. This suggests a possible upside of 31.1% from the stock's current price. View analysts price targets for CNK or view top-rated stocks among Wall Street analysts .

How have CNK shares performed in 2023?

Cinemark's stock was trading at $8.66 at the beginning of the year. Since then, CNK stock has increased by 70.8% and is now trading at $14.79. View the best growth stocks for 2023 here .

Are investors shorting Cinemark?

Cinemark saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 24,780,000 shares, an increase of 7.3% from the October 31st total of 23,090,000 shares. Based on an average daily volume of 2,880,000 shares, the short-interest ratio is presently 8.6 days. Currently, 22.8% of the company's stock are short sold. View Cinemark's Short Interest .

When is Cinemark's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 23rd 2024. View our CNK earnings forecast .

How were Cinemark's earnings last quarter?

Cinemark Holdings, Inc. (NYSE:CNK) posted its earnings results on Friday, November, 3rd. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.20. The business earned $874.80 million during the quarter, compared to analysts' expectations of $845.61 million. Cinemark had a trailing twelve-month return on equity of 51.32% and a net margin of 3.53%. The business's revenue for the quarter was up 34.5% on a year-over-year basis. During the same period last year, the company posted ($0.20) earnings per share.

What ETFs hold Cinemark's stock?

ETFs with the largest weight of Cinemark (NYSE:CNK) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) , Invesco Leisure and Entertainment ETF (PEJ) , AdvisorShares Gerber Kawasaki ETF (GK) , Burney U.S. Factor Rotation ETF (BRNY) , First Trust Small Cap Growth AlphaDEX Fund (FYC) and First Trust Small Cap Core AlphaDEX Fund (FYX) . SPDR S&P 600 Small Cap ETF (SLY) .

What is Mark Zoradi's approval rating as Cinemark's CEO?

295 employees have rated Cinemark Chief Executive Officer Mark Zoradi on Glassdoor.com . Mark Zoradi has an approval rating of 73% among the company's employees.

What other stocks do shareholders of Cinemark own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cinemark investors own include Pfizer (PFE) , Carnival Co. & (CCL) , AT&T (T) , Wells Fargo & Company (WFC) , AMC Entertainment (AMC) , Southwest Airlines (LUV) , Tesla (TSLA) , Exxon Mobil (XOM) , Delta Air Lines (DAL) and Intel (INTC) .

Who are Cinemark's major shareholders?

Cinemark's stock is owned by many different retail and institutional investors. Top institutional investors include Wellington Management Group LLP (11.14%), Morgan Stanley (2.03%), Victory Capital Management Inc. (1.57%), Charles Schwab Investment Management Inc. (1.40%), Hodges Capital Management Inc. (0.55%) and Federated Hermes Inc. (0.49%). Insiders that own company stock include Enrique Senior, Michael Cavalier and Valmir Fernandes. View institutional ownership trends .

How do I buy shares of Cinemark?

Shares of CNK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Cinemark Stock Price, News & Analysis (NYSE:CNK)

$14.79

+0.18 (+1.23%)

(As of 12/4/2023 ET)

Compare

Today's Range: $14.40
▼
$14.93
50-Day Range: $13.93
▼
$19.66
52-Week Range: $8.28
▼
$19.85

Volume: 2.39 million shs
Average Volume: 2.85 million shs
Market Capitalization: $1.80 billion

P/E Ratio: 26.41
Dividend Yield: N/A
Price Target: $19.39

Cinemark MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 31.1% Upside
$19.39 Price Target
Short Interest: Bearish
22.80% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.20
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -21.74%
From $1.38 to $1.08 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.61 out of 5 stars

Consumer Discretionary Sector

238th out of 274 stocks

Motion Picture Theaters Industry

4th out of 4 stocks

3.2

Analyst's Opinion

Consensus Rating
Cinemark has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $19.39, Cinemark has a forecasted upside of 31.1% from its current price of $14.79.
Amount of Analyst Coverage
Cinemark has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
22.80% of the float of Cinemark has been sold short.
Short Interest Ratio / Days to Cover
Cinemark has a short interest ratio ("days to cover") of 8.6.
Change versus previous month
Short interest in Cinemark has recently increased by 7.32%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Cinemark does not currently pay a dividend.
Dividend Growth
Cinemark does not have a long track record of dividend growth.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cinemark has received a 46.62% net impact score from Upright. Cinemark seems to create the most significant positive value in categories "Jobs", "Taxes", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is false driven by its "Movie theater services", "Soft drinks", and "Fast food" products. See details.
Environmental Sustainability
The Environmental Impact score for Cinemark is -1.20.

0.6

News and Social Media Coverage

News Sentiment
Cinemark has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Cinemark this week, compared to 3 articles on an average week.
Search Interest
Only 2 people have searched for CNK on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cinemark insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Cinemark is held by insiders.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Cinemark are expected to decrease by -21.74% in the coming year, from $1.38 to $1.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cinemark is 26.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cinemark is 26.41, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.56.
Price to Earnings Growth Ratio
Cinemark has a PEG Ratio of 1.06. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cinemark has a P/B Ratio of 14.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Cinemark Stock (NYSE:CNK)

Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of February 24, 20223 it operated 518 theatres with 5,847 screens in the United States, and South and Central America. The company was founded in 1984 and is headquartered in Plano, Texas.

CNK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CNK Stock News Headlines

November 26, 2023 | finance.yahoo.com

Investors in Cinemark Holdings (NYSE:CNK) have unfortunately lost 61% over the last five years

November 25, 2023 | americanbankingnews.com

Cinemark Holdings, Inc. (NYSE:CNK) Receives Consensus Rating of "Hold" from Analysts

December 4, 2023 | DTI Trader (Ad)

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November 24, 2023 | finance.yahoo.com

Do Options Traders Know Something About Cinemark (CNK) Stock We Don't?

November 24, 2023 | americanbankingnews.com

B. Riley Weighs in on Cinemark Holdings, Inc.'s FY2023 Earnings (NYSE:CNK)

November 23, 2023 | seekingalpha.com

Reviving Cinemark: A Bullish Outlook Amidst Growth And Resilience

November 6, 2023 | markets.businessinsider.com

Outperforming Expectations: Eric Wold’s Buy Rating on Cinemark Holdings Amid Strong Recovery and Potential Revenue Growth

November 6, 2023 | finance.yahoo.com

Are Investors Undervaluing Cinemark (CNK) Right Now?

December 4, 2023 | DTI Trader (Ad)

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November 5, 2023 | finance.yahoo.com

Cinemark Holdings, Inc. (NYSE:CNK) Q3 2023 Earnings Call Transcript

November 5, 2023 | markets.businessinsider.com

Positive Outlook for Cinemark Holdings: Wedbush Analyst Recommends Buy Rating Based on Strong Revenue Performance and Anticipated Dividend Resumption

November 4, 2023 | finance.yahoo.com

Is Cinemark Holdings, Inc.'s (NYSE:CNK) ROE Of 33% Impressive?