NYSE:CNKCinemark Stock Price, Forecast & News

Cinemark's stock was trading at $19.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CNK shares have decreased by 37.0% and is now trading at $12.27. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cinemark.

Cinemark is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Cinemark.

Cinemark Holdings, Inc. (NYSE:CNK) announced its quarterly earnings results on Wednesday, June, 3rd. The company reported ($0.51) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.14) by $0.37. The business earned $543.60 million during the quarter, compared to the consensus estimate of $557.51 million. Cinemark had a return on equity of 8.81% and a net margin of 3.18%. The business's revenue was down 23.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.28 earnings per share. View Cinemark's earnings history.

Cinemark announced a quarterly dividend on Monday, February 24th. Investors of record on Friday, March 6th will be given a dividend of $0.36 per share on Friday, March 20th. This represents a $1.44 dividend on an annualized basis and a yield of 11.74%. The ex-dividend date is Thursday, March 5th. This is a boost from Cinemark's previous quarterly dividend of $0.34. View Cinemark's dividend history.

11 brokerages have issued twelve-month price targets for Cinemark's shares. Their forecasts range from $13.00 to $43.00. On average, they anticipate Cinemark's share price to reach $21.45 in the next year. This suggests a possible upside of 74.9% from the stock's current price. View analysts' price targets for Cinemark.

News headlines about CNK stock have trended negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cinemark earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future. View the latest news about Cinemark.

Cinemark saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 11,000,000 shares, a drop of 13.0% from the May 31st total of 12,650,000 shares. Based on an average trading volume of 5,560,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 11.2% of the company's stock are short sold. View Cinemark's Current Options Chain.

Some companies that are related to Cinemark include Walt Disney (DIS), Viacom (VIAB), Live Nation Entertainment (LYV), News (NWSA), Madison Square Garden (MSG), World Wrestling Entertainment (WWE) and Reading International (RDI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cinemark investors own include AMC Entertainment (AMC), Carnival (CCL), AT&T (T), Walt Disney (DIS), Netflix (NFLX), Metlife (MET), IBM (IBM), Verizon Communications (VZ), Exxon Mobil (XOM) and Las Vegas Sands (LVS).

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

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

One share of CNK stock can currently be purchased for approximately $12.27.

Cinemark has a market capitalization of $1.44 billion and generates $3.28 billion in revenue each year. The company earns $191.39 million in net income (profit) each year or $1.63 on an earnings per share basis. Cinemark employs 22,000 workers across the globe.

The official website for Cinemark is www.cinemark.com.

Cinemark's mailing address is 3900 DALLAS PARKWAY, PLANO TX, 75093. The company can be reached via phone at 972-665-1000 or via email at [email protected]