NYSE:CNKCinemark Stock Price, Forecast & News

$15.03

-0.27 (-1.76 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$14.34

Now: $15.03▼

$15.44

50-Day Range

$10.80

MA: $13.21▼

$17.24

52-Week Range

$5.71

Now: $15.03▼

$41.60

Volume3.87 million shs

Average Volume3.89 million shs

Market Capitalization$1.77 billion

P/E Ratio9.22

Dividend Yield9.41%

Beta1.76

Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of December 31, 2018, it operated 341 theatres and 4,586 screens in 41 states of the United States; and 205 theatres and 1,462 screens in Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao, and Paraguay. The company was founded in 1984 and is headquartered in Plano, Texas.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
Cinemark has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.73, Cinemark has a potential upside of 44.6% from its current price of $15.03.
Amount of Analyst Coverage
Cinemark has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Cinemark has received 681 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cinemark has received 542 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cinemark has received 55.68% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cinemark and other stocks. Vote “Outperform” if you believe CNK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CNK will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Cinemark is a leading dividend payer. It pays a dividend yield of 9.41%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cinemark has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Cinemark is 88.34 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Cinemark will have a dividend payout ratio of 96.64 % in the coming year. This indicates that Cinemark may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cinemark insiders have bought 1,497.52% more of their company's stock than they have sold. Specifically, they have bought $910,588.00 in company stock and sold $57,000.00 in company stock.
Percentage Held by Insiders
Only 9.39% of the stock of Cinemark is held by insiders.
Percentage Held by Institutions
99.70% 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 in the coming year, from ($0.65) to $1.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cinemark is 9.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cinemark is 9.22, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.75.
Price to Book Value per Share Ratio
Cinemark has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.94 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Motion picture theaters

Sub-IndustryMovies & Entertainment

SectorConsumer Discretionary

Current SymbolNYSE:CNK

Previous Symbol

CUSIP17243V10

CIK1385280

Webwww.cinemark.com

Phone972-665-1000

Debt

Debt-to-Equity Ratio2.17

Current Ratio0.90

Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio9.22

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.28 billion

Price / Sales0.54

Cash Flow$3.72 per share

Price / Cash Flow4.04

Book Value$12.36 per share

Price / Book1.22

Profitability

EPS (Most Recent Fiscal Year)$1.63

Net Income$191.39 million

Net Margins5.83%

Return on Equity14.74%

Return on Assets3.76%

Miscellaneous

Employees22,000

Outstanding Shares117,530,000

Market Cap$1.77 billion

Next Earnings Date6/3/2020 (Confirmed)

OptionableOptionable

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Cinemark (NYSE:CNK) Frequently Asked Questions

How has Cinemark's stock been impacted by COVID-19 (Coronavirus)?

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 22.9% and is now trading at $15.03. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cinemark?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cinemark.

When is Cinemark's next earnings date?

Cinemark is scheduled to release its next quarterly earnings announcement on Wednesday, June 3rd 2020. View our earnings forecast for Cinemark.

How can I listen to Cinemark's earnings call?

Cinemark will be holding an earnings conference call on Wednesday, June 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Cinemark's earnings last quarter?

Cinemark Holdings, Inc. (NYSE:CNK) issued its earnings results on Friday, February, 21st. The company reported $0.22 EPS for the quarter, missing the Zacks' consensus estimate of $0.45 by $0.23. The company earned $788.80 million during the quarter, compared to analysts' expectations of $799.87 million. Cinemark had a net margin of 5.83% and a return on equity of 14.74%. The firm's revenue was down 1.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.17 EPS. View Cinemark's earnings history.

How often does Cinemark pay dividends? What is the dividend yield for Cinemark?

Cinemark declared a quarterly dividend on Monday, February 24th. Investors 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 9.58%. The ex-dividend date is Thursday, March 5th. This is an increase from Cinemark's previous quarterly dividend of $0.34. View Cinemark's dividend history.

What price target have analysts set for CNK?

11 analysts have issued 12 month target prices for Cinemark's stock. Their forecasts range from $13.00 to $43.00. On average, they anticipate Cinemark's stock price to reach $21.73 in the next year. This suggests a possible upside of 44.6% from the stock's current price. View analysts' price targets for Cinemark.

Has Cinemark been receiving favorable news coverage?

Headlines about CNK stock have trended somewhat negative on Saturday, according to InfoTrie. InfoTrie ranks the sentiment of media 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 media sentiment score of -1.1 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutCinemark.

Are investors shorting Cinemark?

Cinemark saw a drop in short interest in May. As of May 15th, there was short interest totaling 11,660,000 shares, a drop of 10.0% from the April 30th total of 12,960,000 shares. Based on an average trading volume of 5,210,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 11.0% of the company's stock are short sold. View Cinemark's Current Options Chain.

Who are some of Cinemark's key competitors?

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.

What other stocks do shareholders of Cinemark own?

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).

Who are Cinemark's key executives?

Cinemark's management team includes the following people:

Mr. Lee Roy Mitchell, Exec. Chairman (Age 82)
Mr. Mark Zoradi, CEO & Director (Age 65)
Mr. Sean Gamble, CFO & COO (Age 44)
Mr. Michael D. Cavalier, Exec. VP, Gen. Counsel & Sec. (Age 52)
Mr. Valmir Fernandes, Pres of Cinemark International LLC (Age 58)

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (10.51%), ArrowMark Colorado Holdings LLC (6.98%), Wellington Management Group LLP (5.97%), Victory Capital Management Inc. (4.84%), Victory Capital Management Inc. (4.84%) and JPMorgan Chase & Co. (3.73%). 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.

Which major investors are selling Cinemark stock?

CNK stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Raymond James & Associates, Silvercrest Asset Management Group LLC, Franklin Resources Inc., Wells Fargo & Company MN, BlackRock Inc., Victory Capital Management Inc., and Victory Capital Management Inc.. 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.

Which major investors are buying Cinemark stock?

CNK stock was purchased by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Deutsche Bank AG, Two Sigma Investments LP, Two Sigma Advisers LP, Waddell & Reed Financial Inc., BNP Paribas Arbitrage SA, WINTON GROUP Ltd, and KLCM Advisors Inc.. 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.

How do I buy shares of 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.

What is Cinemark's stock price today?

One share of CNK stock can currently be purchased for approximately $15.03.

How big of a company is Cinemark?

Cinemark has a market capitalization of $1.77 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.

What is Cinemark's official website?

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

How can I contact Cinemark?

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]

This page was last updated on 5/30/2020 by MarketBeat.com Staff