NYSE:CNK - Cinemark 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 36.9% and is now trading at $12.30. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last year. There are currently 5 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 Tuesday, May 5th 2020. View our earnings forecast for Cinemark.

Cinemark Holdings, Inc. (NYSE:CNK) posted 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 business earned $788.80 million during the quarter, compared to the consensus estimate of $799.87 million. Cinemark had a return on equity of 14.74% and a net margin of 5.83%. Cinemark's quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.17 EPS. View Cinemark's earnings history.

Cinemark announced a quarterly dividend on Monday, February 24th. Investors of record on Friday, March 6th will be given a dividend of $0.36 per share on Friday, March 20th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 11.71%. The ex-dividend date of this dividend is Thursday, March 5th. This is a positive change from Cinemark's previous quarterly dividend of $0.34. View Cinemark's dividend history.

11 brokerages have issued 1-year target prices for Cinemark's stock. Their forecasts range from $17.00 to $43.00. On average, they anticipate Cinemark's share price to reach $27.27 in the next twelve months. This suggests a possible upside of 121.7% from the stock's current price. View analysts' price targets for Cinemark.

Media headlines about CNK stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cinemark earned a news impact score of -1.0 on InfoTrie's scale. They also gave 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 impact on the company's share price in the near future. View the latest news aboutCinemark.

Cinemark saw a drop in short interest in March. As of March 13th, there was short interest totaling 21,649,600 shares, a drop of 6.4% from the February 27th total of 23,120,000 shares. Based on an average daily trading volume, of 2,200,000 shares, the short-interest ratio is currently 9.8 days. Currently, 20.4% 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), Madison Square Garden (MSG), News (NWSA), 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), Metlife (MET), AT&T (T), Netflix (NFLX), Carnival (CCL), Las Vegas Sands (LVS), Walt Disney (DIS), Meredith (MDP), Activision Blizzard (ATVI) and Roku (ROKU).

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

Cinemark's stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (6.23%), Victory Capital Management Inc. (5.48%), Victory Capital Management Inc. (5.45%), ArrowMark Colorado Holdings LLC (4.90%), Capital World Investors (4.87%) and Renaissance Technologies LLC (3.38%). 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 Franklin Resources Inc., Franklin Resources Inc., Skandinaviska Enskilda Banken AB publ, Sarasin & Partners LLP, CI Investments Inc., Goldman Sachs Group Inc., FMR LLC, and Hodges Capital Management Inc.. Company insiders that have sold Cinemark company stock in the last year include Sean Gamble, and Valmir Fernandes. View insider buying and selling activity for Cinemark.

CNK stock was purchased by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Norges Bank, River Road Asset Management LLC, Anchor Capital Advisors LLC, Russell Investments Group Ltd., Macquarie Group Ltd., Macquarie Group Ltd., and Advisory Research 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.

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 $12.30.

Cinemark has a market capitalization of $1.44 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. View additional information about Cinemark.

The official website for Cinemark is http://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]