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NYSE:CNK

Cinemark (CNK) Stock Price, News & Analysis

$17.76
+0.27 (+1.54%)
(As of 05/22/2024 ET)
Today's Range
$17.23
$17.76
50-Day Range
$17.02
$19.78
52-Week Range
$13.19
$20.40
Volume
2.83 million shs
Average Volume
3.07 million shs
Market Capitalization
$2.17 billion
P/E Ratio
12.24
Dividend Yield
N/A
Price Target
$20.33

Cinemark MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
14.5% Upside
$20.33 Price Target
Short Interest
Bearish
26.81% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.20
Upright™ Environmental Score
News Sentiment
0.70mentions of Cinemark in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$328,183 Sold Last Quarter
Proj. Earnings Growth
48.21%
From $1.12 to $1.66 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.57 out of 5 stars

Consumer Discretionary Sector

36th out of 260 stocks

Motion Picture Theaters Industry

2nd out of 3 stocks

CNK stock logo

About Cinemark Stock (NYSE:CNK)

Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of February 16, 2024, it operated 501 theatres with 5,719 screens in 42 states and 13 countries in South and Central America. Cinemark Holdings, Inc. was founded in 1984 and is headquartered in Plano, Texas.

CNK Stock Price History

CNK Stock News Headlines

Cinemark (NYSE:CNK) Upgraded at StockNews.com
Cinemark Q1 2024 Earnings Preview
Guru Fundamental Report for CNK
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/23/2024
Next Earnings (Estimated)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motion picture theaters
Sub-Industry
Movies & Entertainment
CUSIP
17243V10
Employees
17,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.33
High Stock Price Target
$24.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+14.5%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$188.20 million
Pretax Margin
7.43%

Debt

Sales & Book Value

Annual Sales
$3.04 billion
Cash Flow
$3.05 per share
Book Value
$2.74 per share

Miscellaneous

Free Float
119,532,000
Market Cap
$2.17 billion
Optionable
Optionable
Beta
2.25
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Key Executives

  • Mr. Sean Gamble (Age 49)
    CEO, President & Director
    Comp: $3.4M
  • Ms. Melissa Thomas (Age 44)
    Executive VP & CFO
    Comp: $1.64M
  • Mr. Michael D. Cavalier (Age 57)
    Executive VP of Business Affairs, General Counsel & Secretary
    Comp: $1.67M
  • Ms. Wanda M. Gierhart Fearing (Age 60)
    Chief Marketing & Content Officer
    Comp: $1.29M
  • Mr. Valmir Fernandes (Age 63)
    President of Cinemark International
    Comp: $1.66M
  • Caren Bedard
    Senior VP, Global Controller, Treasury & Principal Accounting Officer
  • Ms. Chanda E. Brashears (Age 45)
    SVP of Investor Relations, Public Relations & Corporate Communications
  • Mr. Sid Srivastava
    Executive Vice President of HR, Diversity, Equity & Inclusion and Corporate Social Responsibility
  • Mr. Steven Zuehlke (Age 65)
    Executive Vice President of Global Theatre Operations
  • Mr. Justin McDaniel
    Senior Vice President of Global Content Strategy & Analysis

CNK Stock Analysis - Frequently Asked Questions

Should I buy or sell Cinemark stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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?

9 equities research analysts have issued 12 month price targets for Cinemark's stock. Their CNK share price targets range from $12.00 to $24.00. On average, they predict the company's share price to reach $20.33 in the next twelve months. This suggests a possible upside of 14.5% 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 2024?

Cinemark's stock was trading at $14.09 on January 1st, 2024. Since then, CNK shares have increased by 26.0% and is now trading at $17.7550.
View the best growth stocks for 2024 here
.

Are investors shorting Cinemark?

Cinemark saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 29,650,000 shares, an increase of 6.2% from the March 31st total of 27,920,000 shares. Based on an average trading volume of 3,160,000 shares, the short-interest ratio is presently 9.4 days. Currently, 27.3% of the shares of the company are sold short.
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, August 2nd 2024.
View our CNK earnings forecast
.

How were Cinemark's earnings last quarter?

Cinemark Holdings, Inc. (NYSE:CNK) issued its quarterly earnings data on Thursday, May, 2nd. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.40. The business had revenue of $579 million for the quarter, compared to the consensus estimate of $561.91 million. Cinemark had a net margin of 7.12% and a trailing twelve-month return on equity of 69.48%. The business's revenue for the quarter was down 5.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.03) EPS.

Is Cinemark a good dividend stock?

Cinemark (NYSE:CNK) pays an annual dividend of $1.44 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 99.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CNK will have a dividend payout ratio of 86.75% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CNK.

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 shareholders include Vanguard Group Inc. (10.27%), Third Point LLC (4.09%), Steadfast Capital Management LP (1.33%), Hennessy Advisors Inc. (1.07%), Jericho Capital Asset Management L.P. (0.73%) and Aequim Alternative Investments LP (0.66%). Insiders that own company stock include Enrique Senior, Michael Cavalier and Wanda Marie Gierhart.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CNK) was last updated on 5/23/2024 by MarketBeat.com Staff

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