NYSE:CNKCinemark 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 33.1% and is now trading at $13.04. 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 4 hold ratings and 7 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 Friday, August 7th 2020. View our earnings forecast for Cinemark.

Cinemark Holdings, Inc. (NYSE:CNK) announced its quarterly earnings results on Wednesday, June, 3rd. The company reported ($0.51) EPS for the quarter, missing the consensus estimate of ($0.14) by $0.37. The company had revenue of $543.60 million for the quarter, compared to analysts' expectations of $557.51 million. Cinemark had a net margin of 3.18% and a return on equity of 8.81%. Cinemark's revenue was down 23.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.28 earnings per share. View Cinemark's earnings history.

Cinemark announced 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 yield of 11.04%. 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 analysts have issued 12 month price objectives for Cinemark's shares. Their forecasts range from $13.00 to $43.00. On average, they expect Cinemark's stock price to reach $21.45 in the next twelve months. This suggests a possible upside of 64.5% from the stock's current price. View analysts' price targets for Cinemark.

Media coverage about CNK stock has been trending negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public 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 -2.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news about Cinemark.

Cinemark saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 12,270,000 shares, an increase of 11.5% from the June 15th total of 11,000,000 shares. Based on an average daily trading volume, of 4,840,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 12.5% of the shares of the stock are short sold. 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 a number of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (0.46%), Moody National Bank Trust Division (0.02%) and Patriot Financial Group Insurance Agency LLC (0.00%). 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 DNB Asset Management AS. 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 bought by a variety of institutional investors in the last quarter, including Patriot Financial Group Insurance Agency LLC, and Moody National Bank Trust Division. 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 $13.04.

Cinemark has a market capitalization of $1.53 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]