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 stock has decreased by 34.9% and is now trading at $12.68. 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) released its earnings results on Wednesday, June, 3rd. The company reported ($0.51) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.14) by $0.37. The company had revenue of $543.60 million for 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 firm's quarterly revenue was down 23.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.28 earnings per share. View Cinemark's earnings history.

Cinemark declared a quarterly dividend on Monday, February 24th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.36 per share on Friday, March 20th. This represents a $1.44 annualized dividend and a dividend yield of 11.36%. The ex-dividend date is Thursday, March 5th. This is a positive change from Cinemark's previous quarterly dividend of $0.34. View Cinemark's dividend history.

11 brokers have issued 12 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 $21.18 in the next twelve months. This suggests a possible upside of 67.0% from the stock's current price. View analysts' price targets for Cinemark.

Media coverage about CNK stock has trended somewhat positive on Tuesday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. 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 news sentiment score of 1.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news about Cinemark.

Cinemark saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 12,270,000 shares, an increase of 11.5% from the June 15th total of 11,000,000 shares. Based on an average daily trading volume, of 4,840,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 12.5% of the company's shares are sold short. View Cinemark's Current Options Chain.

Some companies that are related to Cinemark include Walt Disney (DIS), Live Nation Entertainment (LYV), Viacom (VIAB), 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."

Cinemark's stock is owned by many different institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.46%), Moody National Bank Trust Division (0.02%), Louisiana State Employees Retirement System (0.02%) and Patriot Financial Group Insurance Agency LLC (0.00%). Company insiders that own Cinemark stock include Lee Roy Mitchell, Mark Zoradi, Sean Gamble, Valmir Fernandes and Ximena G Humrichouse. View institutional ownership trends for Cinemark.

CNK stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS. Company insiders that have sold Cinemark company stock in the last year include Sean Gamble, and Ximena G Humrichouse. View insider buying and selling activity for Cinemark.

CNK stock was bought by a variety of institutional investors in the last quarter, including Patriot Financial Group Insurance Agency LLC, Moody National Bank Trust Division, and Louisiana State Employees Retirement System. Company insiders that have bought Cinemark stock in the last two years include Lee Roy Mitchell, Mark Zoradi, and Ximena G Humrichouse. View insider buying and selling activity for Cinemark.

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 $12.68.

Cinemark has a market capitalization of $1.49 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]