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. Since then, CNK stock has decreased by 37.0% and is now trading at $12.27. 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) posted its quarterly earnings data on Wednesday, June, 3rd. The company reported ($0.51) earnings per share for the quarter, missing the consensus estimate of ($0.14) by $0.37. The company earned $543.60 million during the quarter, compared to analyst estimates of $557.51 million. Cinemark had a return on equity of 8.81% and a net margin of 3.18%. Cinemark's quarterly revenue was down 23.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.28 EPS. View Cinemark's earnings history.

Cinemark declared a quarterly dividend on Monday, February 24th. Investors of record on Friday, March 6th will be paid a dividend of $0.36 per share on Friday, March 20th. This represents a $1.44 dividend on an annualized basis and a yield of 11.74%. 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 brokers have issued 1 year price objectives for Cinemark's stock. Their forecasts range from $13.00 to $43.00. On average, they expect Cinemark's share price to reach $21.45 in the next twelve months. This suggests a possible upside of 74.9% from the stock's current price. View analysts' price targets for Cinemark.

Media coverage about CNK stock has been trending negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. 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 news impact score of -2.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press 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 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 company's shares are sold short. View Cinemark's Current Options Chain.

Some companies that are related to Cinemark include Walt Disney (DIS), Viacom (VIAB), Live Nation Entertainment (LYV), 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."

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 $12.27.

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.

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]