Cinemark Stock Forecast, Price & News

Cinemark's stock was trading at $19.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CNK stock has decreased by 58.0% and is now trading at $8.19.
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last year. There are currently 6 hold ratings and 6 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 Thursday, November 5th 2020.
View our earnings forecast for Cinemark.

Cinemark will be holding an earnings conference call on Thursday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Cinemark Holdings, Inc. (NYSE:CNK) released its quarterly earnings results on Tuesday, August, 4th. The company reported ($1.45) earnings per share for the quarter, topping the consensus estimate of ($1.46) by $0.01. The firm earned $8.97 million during the quarter, compared to analyst estimates of $7.24 million. Cinemark had a negative return on equity of 9.76% and a negative net margin of 7.96%. Cinemark's quarterly revenue was down 99.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.86 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 dividend on an annualized basis and a yield of 17.58%. The ex-dividend date of this dividend is Thursday, March 5th. This is a boost from Cinemark's previous quarterly dividend of $0.34.
View Cinemark's dividend history.

12 brokers have issued 1-year price objectives for Cinemark's shares. Their forecasts range from $11.00 to $23.00. On average, they anticipate Cinemark's share price to reach $16.42 in the next year. This suggests a possible upside of 100.4% from the stock's current price.
View analysts' price targets for Cinemark.

Cinemark saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 29,170,000 shares, an increase of 25.1% from the September 30th total of 23,310,000 shares. Based on an average daily trading volume, of 9,300,000 shares, the short-interest ratio is presently 3.1 days. Approximately 29.8% of the company's shares are short sold.
View Cinemark's Short Interest.

Some companies that are related to Cinemark include The Walt Disney (DIS), Live Nation Entertainment (LYV), News (NWSA), Madison Square Garden (MSG), World Wrestling Entertainment (WWE) and Reading International (RDI).
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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 a number of institutional and retail investors. Top institutional investors include Nisa Investment Advisors LLC (0.23%), Zweig DiMenna Associates LLC (0.17%), Hodges Capital Management Inc. (0.14%), State of New Jersey Common Pension Fund D (0.13%), Comerica Bank (0.06%) and BNP Paribas Arbitrage SA (0.06%). 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 BNP Paribas Arbitrage SA, New Mexico Educational Retirement Board, New Mexico Educational Retirement Board, and Hodges Capital Management Inc..
View insider buying and selling activity for Cinemark.

CNK stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Zweig DiMenna Associates LLC, First Dallas Securities Inc., Dupont Capital Management Corp, Pacer Advisors Inc., Cambridge Investment Research Advisors Inc., State of New Jersey Common Pension Fund D, and Comerica Bank. 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 $8.19.

Cinemark has a market capitalization of $963.75 million 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 12,705 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]