NYSE:CNK

Cinemark - CNK Stock Forecast, Price & News

$14.42

+0.15 (+1.05%)

(As of 03/30/2023 12:00 AM ET)

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Today's Range: $14.26
▼
$14.60
50-Day Range: $11.04
▼
$14.42
52-Week Range: $8.28
▼
$19.76

Volume: 1.25 million shs
Average Volume: 3.16 million shs
Market Capitalization: $1.74 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $15.63

Institutional Ownership

Cinemark MarketRank™ Forecast

Analyst Rating: Hold
2.44 Rating Score
Upside/Downside: 8.4% Upside
$15.63 Price Target
Short Interest: Bearish
23.73% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.20
Upright™ Environmental Score
News Sentiment: -0.06
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 161.76%
From $0.34 to $0.89 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Consumer Discretionary Sector

207th out of 264 stocks

Motion Picture Theaters Industry

2nd out of 3 stocks

2.2

Analyst's Opinion

Consensus Rating
Cinemark has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 5 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $15.63, Cinemark has a forecasted upside of 8.4% from its current price of $14.42.
Amount of Analyst Coverage
Cinemark has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
23.73% of the float of Cinemark has been sold short.
Short Interest Ratio / Days to Cover
Cinemark has a short interest ratio ("days to cover") of 7.6.
Change versus previous month
Short interest in Cinemark has recently decreased by 0.04%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Cinemark does not currently pay a dividend.
Dividend Growth
Cinemark does not have a long track record of dividend growth.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cinemark has received a 46.62% net impact score from Upright. Cinemark seems to create the most significant positive value in categories "Jobs", "Taxes", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is false driven by its "Movie theater services", "Soft drinks", and "Fast food" products. See details.
Environmental Sustainability
The Environmental Impact score for Cinemark is -1.20.

1.1

News and Social Media Coverage

News Sentiment
Cinemark has a news sentiment score of -0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Cinemark this week, compared to 3 articles on an average week.
Search Interest
Only 6 people have searched for CNK on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Cinemark to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cinemark insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 10.00% of the stock of Cinemark is held by insiders.
Percentage Held by Institutions
98.99% of the stock of Cinemark is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Cinemark are expected to grow by 161.76% in the coming year, from $0.34 to $0.89 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cinemark is -6.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cinemark is -6.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Cinemark has a PEG Ratio of 4.01. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cinemark has a P/B Ratio of 14.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Cinemark (NYSE:CNK) Stock

Cinemark Holdings, Inc. is a holding company, which engages in the provision of motion picture exhibitions through its subsidiaries. It operates through the U.S. and International segments. The company was founded by Lee Roy Mitchell in 1984 and is headquartered in Plano, TX.

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CNK Stock News Headlines

March 15, 2023 | marketbeat.com

Meme-Stock AMC's Plan To Convert More Shares Headed For Court (CNK)

AMC shareholders are hoping a new infusion of cash can stave off bankruptcy, but the plan to convert preferred shares to common shares faces a legal challenge.

March 25, 2023 | americanbankingnews.com

Traders Buy Large Volume of Put Options on Cinemark (NYSE:CNK)

March 30, 2023 | Weiss Ratings (Ad)

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March 23, 2023 | americanbankingnews.com

Brokerages Set Cinemark Holdings, Inc. (NYSE:CNK) Target Price at $15.63

February 24, 2023 | finance.yahoo.com

Cinemark Holdings, Inc. Reports Fourth Quarter and Full Year 2022 Results

February 24, 2023 | finance.yahoo.com

Cinemark stock drops after swinging to wider-than-expected loss, while revenue beat forecasts

February 18, 2023 | finance.yahoo.com

Cinemark Holdings (NYSE:CNK) Could Be Struggling To Allocate Capital

February 15, 2023 | finance.yahoo.com

Cinemark Founder, Lee Roy Mitchell, Retiring from the Company’s Board of Directors

March 30, 2023 | Investing Daily (Ad)

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February 9, 2023 | finance.yahoo.com

Cinemark to Host Fourth Quarter and Full Year 2022 Earnings Conference Call

January 18, 2023 | markets.businessinsider.com

Morgan Stanley Reaffirms Their Buy Rating on Cinemark Holdings (CNK)

January 18, 2023 | seekingalpha.com

Cinemark: Equity Has Downside, Give The Bond A Try

January 13, 2023 | cnbc.com

JPMorgan upgrades Cinemark, says now is the time to buy after a recent sell-off and 'Avatar' success

January 9, 2023 | finance.yahoo.com

RICK vs. CNK: Which Stock Is the Better Value Option?

January 8, 2023 | finance.yahoo.com

The past five years for Cinemark Holdings (NYSE:CNK) investors has not been profitable

November 9, 2022 | finance.yahoo.com

Cinemark Holdings Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags

November 7, 2022 | finance.yahoo.com

Are Investors Undervaluing Cinemark Holdings, Inc. (NYSE:CNK) By 49%?

November 4, 2022 | finance.yahoo.com

Cinemark Clocks Positive Operating Income In Q3 As Recovery Kicks In; Registers 50% Revenue Growth

November 4, 2022 | finance.yahoo.com

Cinemark Holdings (CNK) Q3 2022 Earnings Call Transcript

October 21, 2022 | finance.yahoo.com

Cinemark to Host Third Quarter Earnings Conference Call

October 14, 2022 | morningstar.com

AMC stock sinks to pre-'meme stock' levels as B. Riley slashes price target by 32% - Morningstar

October 14, 2022 | fool.com

Why Cinemark Stock Tumbled by Almost 20% This Week - The Motley Fool

October 14, 2022 | finance.yahoo.com

Why Cinemark Stock Tumbled by Almost 20% This Week

October 14, 2022 | uk.investing.com

Credit Suisse Doubtful About Cinemark's Box Office Recovery in 2023

October 14, 2022 | seekingalpha.com

Cinemark slips 4% as Credit Suisse cuts to Underperform on outlook

October 13, 2022 | barrons.com

Cinemark Stock Gets Double Downgrade. It's Bad for AMC Entertainment, Too. - Barron's

October 12, 2022 | barrons.com

UK To Supply Ukraine With Air Defence Missiles - Barron's

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CNK Company Calendar

Last Earnings: 2/24/2023
Today: 3/30/2023
Next Earnings (Estimated): 5/05/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Motion picture theaters
Sub-Industry: Movies & Entertainment
Sector: Consumer Discretionary
Current Symbol: NYSE:CNK
CUSIP: 17243V10
CIK: 1385280
Web: www.cinemark.com
Phone: (972) 665-1000
Fax: 972-665-1008
Employees: 26,100
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $15.63
High Stock Price Forecast: $22.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +8.5%
Consensus Rating: Hold
Rating Score (0-4): 2.44
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.25)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 42.35
P/E Growth: 4.01
Net Income: $-271,200,000.00
Net Margins: -11.05%
Pretax Margin: -10.80%
Return on Equity: -84.89%
Return on Assets: -3.63%

Debt

Debt-to-Equity Ratio: 21.44
Current Ratio: 1.22
Quick Ratio: 1.19

Sales & Book Value

Annual Sales: $2.45 billion
Price / Sales: 0.71
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.99 per share
Price / Book: 14.55

Miscellaneous

Outstanding Shares: 120,400,000
Free Float: 108,361,000
Market Cap: $1.73 billion
Optionable: Optionable
Beta: 2.28

Key Executives

Sean Gamble
President, Chief Executive Officer & Director

Melissa Hayes Thomas
Chief Financial Officer & Executive Vice President

Damian Wardle
Executive VP-Theatre & Technology Operations

Doug Fay
Senior Vice President-Information Technology

Michael D. Cavalier
Secretary, Executive VP & General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CNK Stock - Frequently Asked Questions

Should I buy or sell Cinemark stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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.
What is Cinemark's stock price forecast for 2023?: 9 analysts have issued 1 year price objectives for Cinemark's shares. Their CNK share price forecasts range from $11.00 to $22.00. On average, they predict the company's stock price to reach $15.63 in the next year. This suggests a possible upside of 8.5% 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 2023?: Cinemark's stock was trading at $8.66 at the start of the year. Since then, CNK stock has increased by 66.3% and is now trading at $14.40.
View the best growth stocks for 2023 here.
When is Cinemark's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our CNK earnings forecast.
How were Cinemark's earnings last quarter?: Cinemark Holdings, Inc. (NYSE:CNK) issued its earnings results on Friday, February, 24th. The company reported ($0.82) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by $0.48. The business had revenue of $599.70 million for the quarter, compared to analysts' expectations of $589.47 million. Cinemark had a negative net margin of 11.05% and a negative trailing twelve-month return on equity of 84.89%. The business's revenue was down 10.0% compared to the same quarter last year. During the same period last year, the business earned $0.05 EPS.
What ETFs hold Cinemark's stock?: 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), First Trust Small Cap Growth AlphaDEX Fund (FYC), SPDR S&P 600 Small CapValue ETF (SLYV), Vanguard S&P Small-Cap 600 Value ETF (VIOV), iShares S&P Small-Cap 600 Value ETF (IJS), Syntax Stratified SmallCap ETF (SSLY) and Inspire Small/Mid Cap ETF (ISMD).
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).
What is Cinemark's stock symbol?: Cinemark trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNK."
Who are Cinemark's major shareholders?: Cinemark's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Millennium Management LLC (3.13%), Renaissance Technologies LLC (2.99%), DLD Asset Management LP (0.00%), Morgan Stanley (2.28%), T. Rowe Price Investment Management Inc. (2.08%) and Geode Capital Management LLC (1.58%). Insiders that own company stock include Enrique Senior, Michael Cavalier, Valmir Fernandes and Ximena G Humrichouse.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Cinemark's stock price today?: One share of CNK stock can currently be purchased for approximately $14.40.
How much money does Cinemark make?: Cinemark (NYSE:CNK) has a market capitalization of $1.73 billion and generates $2.45 billion in revenue each year. The company earns $-271,200,000.00 in net income (profit) each year or ($2.25) on an earnings per share basis.
How many employees does Cinemark have?: The company employs 26,100 workers across the globe.
How can I contact Cinemark?: 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.

This page (NYSE:CNK) was last updated on 3/30/2023 by MarketBeat.com Staff

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Cinemark - CNK Stock Forecast, Price & News

Cinemark MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cinemark (NYSE:CNK) Stock

CNK Stock News Headlines

CNK Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CNK Stock - Frequently Asked Questions

Overall MarketRank^™