NYSE:CNK - Cinemark Stock Price, Forecast & News

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

Cinemark announced a quarterly dividend on Thursday, November 21st. Stockholders of record on Wednesday, December 4th will be given a dividend of $0.34 per share on Wednesday, December 18th. This represents a $1.36 annualized dividend and a dividend yield of 4.19%. The ex-dividend date is Tuesday, December 3rd. View Cinemark's Dividend History.

Cinemark Holdings, Inc. (NYSE:CNK) released its quarterly earnings data on Tuesday, November, 5th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.23. The company earned $821.82 million during the quarter, compared to analyst estimates of $807.69 million. Cinemark had a net margin of 5.60% and a return on equity of 14.25%. Cinemark's quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.43 EPS. View Cinemark's Earnings History.

Cinemark is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for Cinemark.

10 brokerages have issued twelve-month price objectives for Cinemark's shares. Their forecasts range from $37.00 to $49.00. On average, they anticipate Cinemark's share price to reach $42.60 in the next year. This suggests a possible upside of 31.4% from the stock's current price. View Analyst Price Targets for Cinemark.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cinemark.

News stories about CNK stock have been trending positive recently, according to InfoTrie. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cinemark earned a news sentiment score of 3.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Cinemark.

Cinemark saw a increase in short interest in December. As of December 31st, there was short interest totalling 22,670,000 shares, an increase of 14.3% from the December 15th total of 19,840,000 shares. Based on an average daily trading volume, of 1,330,000 shares, the short-interest ratio is presently 17.0 days. Currently, 21.4% of the shares of the stock 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cinemark investors own include AMC Entertainment (AMC), Verizon Communications (VZ), AbbVie (ABBV), Alibaba Group (BABA), IBM (IBM), AT&T (T), Tesla (TSLA), Walgreens Boots Alliance (WBA), General Motors (GM) and Pfizer (PFE).

Cinemark's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hamlin Capital Management LLC (1.70%), DNB Asset Management AS (0.88%), Leith Wheeler Investment Counsel Ltd. (0.12%), Raymond James Trust N.A. (0.06%), United Services Automobile Association (0.03%) and BTR Capital Management Inc. (0.03%). Company insiders that own Cinemark stock include Sean Gamble and Valmir Fernandes. View Institutional Ownership Trends for Cinemark.

CNK stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Hamlin Capital Management LLC, State of Alaska Department of Revenue and We Are One Seven LLC. Company insiders that have sold Cinemark company stock in the last year include Sean Gamble and Valmir Fernandes. View Insider Buying and Selling for Cinemark.

CNK stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, United Services Automobile Association, BTR Capital Management Inc., Leith Wheeler Investment Counsel Ltd., Raymond James Trust N.A., Allred Capital Management LLC, First Hawaiian Bank and 6 Meridian. View Insider Buying and Selling 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 $32.43.

Cinemark has a market capitalization of $3.80 billion and generates $3.22 billion in revenue each year. The company earns $213.83 million in net income (profit) each year or $1.83 on an earnings per share basis. Cinemark employs 29,500 workers across the globe.View Additional Information About Cinemark.

The official website for Cinemark is http://www.cinemark.com/.

Cinemark's mailing address is 3900 DALLAS PARKWAY SUITE 500, PLANO TX, 75093. The company can be reached via phone at 972-665-1000 or via email at [email protected]