NYSE:CNKCinemark Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cinemark Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.28 +0.43 (+3.96 %) (As of 04/8/2020 02:37 PM ET) Add Compare Share Today's Range$10.82Now: $11.28▼$11.7050-Day Range$6.58MA: $18.62▼$32.6752-Week Range$5.71Now: $11.28▼$43.51Volume2.41 million shsAverage Volume3.91 million shsMarket Capitalization$1.32 billionP/E Ratio6.92Dividend Yield15.52%Beta1.5 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingCinemark has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.18, Cinemark has a potential upside of 123.2% from its current price of $11.28.Amount of Analyst CoverageCinemark has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesCinemark has received 676 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCinemark has received 538 “underperform” votes. (Add your “underperform” vote.)Community SentimentCinemark 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. Previous Next 1.7 Dividend Strength Dividend LeadershipCinemark is a leading dividend payer. It pays a dividend yield of 15.52%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCinemark has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Cinemark is 88.34 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Cinemark will have a dividend payout ratio of 86.23 % in the coming year. This indicates that Cinemark may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cinemark insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,363,064.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 9.00% of the stock of Cinemark is held by insiders.Percentage Held by Institutions99.89% of the stock of Cinemark is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Cinemark are expected to decrease by -488.37% in the coming year, from ($0.43) to $1.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cinemark is 6.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Cinemark is 6.92, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.47.Price to Book Value per Share RatioCinemark has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.93 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 Webhttp://www.cinemark.com/ Phone972-665-1000Debt Debt-to-Equity Ratio2.17 Current Ratio0.90 Quick Ratio0.87Price-To-Earnings Trailing P/E Ratio6.92 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$3.28 billion Price / Sales0.40 Cash Flow$5.10 per share Price / Cash Flow2.21 Book Value$12.36 per share Price / Book0.91Profitability 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 Shares117,151,000Market Cap$1.32 billion Next Earnings Date5/5/2020 (Estimated) OptionableOptionable Receive CNK News and Ratings via Email Sign-up to receive the latest news and ratings for CNK and its competitors with MarketBeat's FREE daily newsletter. CNK Rates by TradingView 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CNK shares have decreased by 42.1% and is now trading at $11.28. View which stocks have been mosted 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 4 hold ratings and 7 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 Tuesday, May 5th 2020. View our earnings forecast for Cinemark. How were Cinemark's earnings last quarter? Cinemark Holdings, Inc. (NYSE:CNK) posted its earnings results on Friday, February, 21st. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.23. The business had revenue of $788.80 million for the quarter, compared to analyst estimates of $799.87 million. Cinemark had a net margin of 5.83% and a return on equity of 14.74%. Cinemark's quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.17 EPS. View Cinemark's earnings history. How often does Cinemark pay dividends? What is the dividend yield for Cinemark? 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 annualized dividend and a yield of 12.77%. The ex-dividend date is Thursday, March 5th. This is a boost 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 1-year price objectives for Cinemark's stock. Their forecasts range from $14.00 to $43.00. On average, they expect Cinemark's stock price to reach $25.18 in the next year. This suggests a possible upside of 123.2% from the stock's current price. View analysts' price targets for Cinemark. Has Cinemark been receiving favorable news coverage? News headlines about CNK stock have trended very negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cinemark earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutCinemark. Are investors shorting Cinemark? Cinemark saw a drop in short interest in the month of 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 volume of 2,200,000 shares, the days-to-cover ratio is presently 9.8 days. Approximately 20.4% of the shares of the company are sold short. 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), Viacom (VIAB), Live Nation Entertainment (LYV), Madison Square Garden (MSG), News (NWSA), World Wrestling Entertainment (WWE) and Reading International (RDI). What other stocks do shareholders of Cinemark own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cinemark investors own include AT&T (T), AMC Entertainment (AMC), Metlife (MET), Netflix (NFLX), Carnival (CCL), Walt Disney (DIS), Las Vegas Sands (LVS), Verizon Communications (VZ), Roku (ROKU) and IBM (IBM). 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." 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 $11.28. How big of a company is Cinemark? Cinemark has a market capitalization of $1.32 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. What is Cinemark's official website? The official website for Cinemark is http://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 4/8/2020 by MarketBeat.com StaffFeatured Article: Understanding each part of a balance sheet
