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TSE:CGX

Cineplex (CGX) Stock Price, News & Analysis

C$8.11
-0.19 (-2.29%)
(As of 05/24/2024 ET)
Today's Range
C$8.06
C$8.38
50-Day Range
C$7.25
C$9.11
52-Week Range
C$7.14
C$10.11
Volume
328,062 shs
Average Volume
363,588 shs
Market Capitalization
C$516.44 million
P/E Ratio
6.10
Dividend Yield
22.19%
Price Target
C$12.88

Cineplex MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
58.8% Upside
C$12.88 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.34mentions of Cineplex in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
C$109,911 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.29 out of 5 stars

CGX stock logo

About Cineplex Stock (TSE:CGX)

Cineplex Inc., together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens. The company also operates cineplex.com, a website that offers streaming video, movie information, showtimes and ability to buy tickets online, entertainment news, and box office reports, as well as advertising and digital commerce solutions; Cineplex mobile app; and the Cineplex Store, which provides transactional video-on-demand, including Home Premiere services, such as premium video on demand and premium electronic sell through services. In addition, it incorporates advertising mediums related to theatre exhibition; and offers digital signage solutions and in-store retail media networks for various brands in shopping centers, restaurants, retailers, and entertainment destinations. Further, the company operates location-based entertainment establishments, including The Rec Room, a social entertainment destination for millennials that offers a range of entertainment options, such as simulation, redemption, video, recreational gaming, attractions, and a live entertainment venue for watching entertainment programming; Playdium, a complex designed for teens and families; and Cineplex Junxion, an entertainment concept for movies, amusement gaming, dining, and live performances, as well as in-theatre gaming centers. Additionally, it offers Scene+, a customer loyalty program designed to offer members discounts and the opportunity to earn and redeem points. Cineplex Inc. was founded in 1912 and is headquartered in Toronto, Canada.

CGX Stock Price History

CGX Stock News Headlines

Cineplex expands beyond the big screen
Cineplex Reports First Quarter 2024 Results
Is There Any Hope for Cineplex Stock?
Cineplex Reports Strong March 2024 Box Office Results
Cineplex Reports February 2024 Box Office Results
See More Headlines
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Company Calendar

Today
5/26/2024
Next Earnings (Estimated)
8/08/2024

Industry, Sector and Symbol

Industry
Entertainment
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
10,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$12.88
High Stock Price Target
C$14.00
Low Stock Price Target
C$11.25
Potential Upside/Downside
+58.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
C$108.26 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.39 billion
Cash Flow
C$0.46 per share
Book Value
C$0.09 per share

Miscellaneous

Free Float
N/A
Market Cap
C$516.44 million
Optionable
Not Optionable
Beta
2.79
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Key Executives

  • Mr. Ellis Jacob CM (Age 70)
    CMA, F.C.A., F.C.M.A., FCPA, MBA, President, CEO & Director
    Comp: $1.6M
  • Mr. Gord Nelson C.M
    Chief Financial Officer
  • Mr. Dan McGrath
    Chief Operating Officer
  • Mr. Fabrizio Stanghieri
    Executive Vice President of CDM & Media
  • Mr. Kevin Watts
    Executive VP of Exhibition & Location Based Entertainment
  • Mr. Scott Hughes
    Executive VP and Chief Digital & Technology Officer
  • Mahsa Rejali
    Vice President of Corporate Development & Investor Relations
  • Mr. Thomas Santram
    Senior VP & General Counsel
  • Ms. Sara Moore
    Executive VP & Chief Marketing Officer
  • Mr. Robert Cousins
    Senior Vice President of Film

CGX Stock Analysis - Frequently Asked Questions

Should I buy or sell Cineplex stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cineplex in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CGX shares.
View CGX analyst ratings
or view top-rated stocks.

What is Cineplex's stock price target for 2024?

6 brokerages have issued 1 year price targets for Cineplex's shares. Their CGX share price targets range from C$11.25 to C$14.00. On average, they predict the company's share price to reach C$12.88 in the next twelve months. This suggests a possible upside of 58.8% from the stock's current price.
View analysts price targets for CGX
or view top-rated stocks among Wall Street analysts.

How have CGX shares performed in 2024?

Cineplex's stock was trading at C$8.37 at the start of the year. Since then, CGX shares have decreased by 3.1% and is now trading at C$8.11.
View the best growth stocks for 2024 here
.

When is Cineplex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our CGX earnings forecast
.

Is Cineplex a good dividend stock?

Cineplex (TSE:CGX) pays an annual dividend of C$1.80 per share and currently has a dividend yield of 5.32%. CGX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 135.34%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CGX.

What other stocks do shareholders of Cineplex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cineplex investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Vermilion Energy (VET), AbbVie (ABBV), Toronto-Dominion Bank (TD), BCE (BCE), Air Canada (AC) and Enbridge (ENB).

How do I buy shares of Cineplex?

Shares of CGX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CGX) was last updated on 5/26/2024 by MarketBeat.com Staff

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