NYSE:CNKCinemark Stock Price, Forecast & News

Cinemark's stock was trading at $19.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CNK shares have 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) released its quarterly earnings data on Wednesday, June, 3rd. The company reported ($0.51) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.14) by $0.37. The firm earned $543.60 million during the quarter, compared to the consensus estimate of $557.51 million. Cinemark had a return on equity of 8.81% and a net margin of 3.18%. The business's revenue was down 23.9% compared to the same quarter last year. During the same period last year, the firm posted $0.28 EPS. 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 yield of 11.04%. The ex-dividend date of this dividend is Thursday, March 5th. This is a boost 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 stock. Their forecasts range from $13.00 to $43.00. On average, they anticipate Cinemark's share price to reach $21.45 in the next year. This suggests a possible upside of 64.5% from the stock's current price. View analysts' price targets for Cinemark.

Headlines about CNK stock have trended very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news 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 -5 to 5, with scores closest to five being the most favorable. Cinemark earned a news impact score of -3.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. 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 volume of 4,840,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 12.5% of the company's stock 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), World Wrestling Entertainment (WWE), Madison Square Garden (MSG) 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 retail and institutional 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 acquired 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]