NYSE:CNKCinemark Stock Price, Forecast & News

Cinemark's stock was trading at $19.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CNK shares have decreased by 20.8% and is now trading at $15.44. View which stocks have been most impacted by Coronavirus.

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.

Cinemark is scheduled to release its next quarterly earnings announcement on Tuesday, May 26th 2020. View our earnings forecast for Cinemark.

Cinemark Holdings, Inc. (NYSE:CNK) posted its quarterly earnings data on Friday, February, 21st. The company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.23. The firm had revenue of $788.80 million for 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%. Cinemark's revenue for the quarter was down 1.2% on a year-over-year basis. During the same period last year, the company posted $0.17 earnings per share. View Cinemark's earnings history.

Cinemark declared a quarterly dividend on Monday, February 24th. Shareholders 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 annualized dividend and a dividend yield of 9.33%. The ex-dividend date of this dividend is Thursday, March 5th. This is an increase from Cinemark's previous quarterly dividend of $0.34. View Cinemark's dividend history.

11 Wall Street analysts have issued 1 year target prices for Cinemark's shares. 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 40.7% from the stock's current price. View analysts' price targets for Cinemark.

Press coverage about CNK stock has trended negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cinemark earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutCinemark.

Cinemark saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 11,660,000 shares, a decline of 10.0% from the April 30th total of 12,960,000 shares. Based on an average daily volume of 5,210,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 11.0% 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), News (NWSA), Madison Square Garden (MSG), World Wrestling Entertainment (WWE) and Reading International (RDI). View all competitors.

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).

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

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.

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.

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.

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 $15.44.

Cinemark has a market capitalization of $1.81 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.

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]