Cinemark (CNK) Stock Forecast, Price & News

9 Wall Street equities research 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 equities 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.

9 Wall Street analysts have issued 1 year price objectives for Cinemark's shares. Their CNK share price forecasts range from $12.50 to $22.00. On average, they expect the company's share price to reach $17.83 in the next year. This suggests a possible upside of 7.7% from the stock's current price.
View analysts price targets for CNK or view top-rated stocks among Wall Street analysts.

Cinemark's stock was trading at $8.66 at the start of the year. Since then, CNK shares have increased by 91.2% and is now trading at $16.56.
View the best growth stocks for 2023 here.

Cinemark saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 27,700,000 shares, a drop of 8.3% from the March 31st total of 30,200,000 shares. Based on an average daily trading volume, of 2,780,000 shares, the short-interest ratio is currently 10.0 days. Approximately 25.8% of the company's shares are sold short.
View Cinemark's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our CNK earnings forecast.

Cinemark Holdings, Inc. (NYSE:CNK) announced its quarterly earnings data on Friday, May, 5th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.25. The firm had revenue of $610.70 million for the quarter, compared to analysts' expectations of $569.14 million. Cinemark had a negative net margin of 7.69% and a negative trailing twelve-month return on equity of 64.73%. The company's quarterly revenue was up 32.6% compared to the same quarter last year. During the same period last year, the business posted ($0.62) earnings per share.

ETFs with the largest weight of Cinemark (NYSE:CNK) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Invesco Dynamic Leisure and Entertainment ETF (PEJ), AI Powered Equity ETF (AIEQ), First Trust Small Cap Growth AlphaDEX Fund (FYC), iShares S&P Small-Cap 600 Value ETF (IJS), SPDR S&P 600 Small CapValue ETF (SLYV), Syntax Stratified SmallCap ETF (SSLY) and Vanguard S&P Small-Cap 600 Value ETF (VIOV).

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.

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).

Cinemark trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNK."

Cinemark's stock is owned by many different institutional and retail investors. Top institutional investors include Wellington Management Group LLP (10.92%), Orbis Allan Gray Ltd (9.49%), Clal Insurance Enterprises Holdings Ltd (3.18%), Victory Capital Management Inc. (2.63%), FMR LLC (2.52%) and DLD Asset Management LP (0.00%). Insiders that own company stock include Enrique Senior, Michael Cavalier and Valmir Fernandes.
View institutional ownership trends.

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.

One share of CNK stock can currently be purchased for approximately $16.56.

Cinemark (NYSE:CNK) has a market capitalization of $2.01 billion and generates $2.45 billion in revenue each year. The company earns $-271,200,000.00 in net income (profit) each year or ($1.66) on an earnings per share basis.

The company employs 26,100 workers across the globe.

Cinemark's mailing address is 3900 DALLAS PARKWAY, PLANO TX, 75093. The official website for the company is www.cinemark.com. The company can be reached via phone at (972) 665-1000, via email at investors@cinemark.com, or via fax at 972-665-1008.