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DOW   37,986.40
QQQ   414.65
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Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
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Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
TSE:CGX

Cineplex (CGX) Stock Price, News & Analysis

C$7.85
-0.08 (-1.01%)
(As of 04/19/2024 ET)
Today's Range
C$7.81
C$7.97
50-Day Range
C$7.25
C$8.22
52-Week Range
C$7.14
C$10.26
Volume
302,252 shs
Average Volume
332,562 shs
Market Capitalization
C$499.89 million
P/E Ratio
4.36
Dividend Yield
22.93%
Price Target
C$12.88

Cineplex MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
64.0% Upside
C$12.88 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.17mentions of Cineplex in the last 14 days
Based on 5 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.

3.84 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

Is There Any Hope for Cineplex Stock?
“More countries ditch the US dollar”
Since March 2018, China started purchasing oil in gold-backed yuan. By December 2022, Foreign Minister Wang Yi stated that Chinese-Arab relations experienced a "historic improvement." after arab nations ditched the dollar to trade with China. On June 6, 2023 China told its banks to slash interest rates on US dollars.
“More countries ditch the US dollar”
Since March 2018, China started purchasing oil in gold-backed yuan. By December 2022, Foreign Minister Wang Yi stated that Chinese-Arab relations experienced a "historic improvement." after arab nations ditched the dollar to trade with China. On June 6, 2023 China told its banks to slash interest rates on US dollars.
Cineplex Reports Strong March 2024 Box Office Results
Cineplex Reports February 2024 Box Office Results
Cineplex Inc.
Stocks in play: Cineplex
Cineplex Reports Fourth Quarter and Annual 2023 Results
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/21/2024
Next Earnings (Confirmed)
5/09/2024

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
+64.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
C$138.05 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.39 billion
Cash Flow
C$0.44 per share
Book Value
C($0.62) per share

Miscellaneous

Free Float
N/A
Market Cap
C$499.89 million
Optionable
Not Optionable
Beta
2.88
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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: $1.09M
  • Mr. Gord Nelson
    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
    Executive Director of Corporate Development & Investor Relations
  • Mr. Thomas Santram
    Senior VP & General Counsel
  • Sarah Van Lange
    Executive Director of Communications
  • Ms. Sara Moore
    Executive VP & Chief Marketing Officer

CGX Stock Analysis - Frequently Asked Questions

Should I buy or sell Cineplex stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cineplex in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities 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 stock. Their CGX share price targets range from C$11.25 to C$14.00. On average, they anticipate the company's stock price to reach C$12.88 in the next year. This suggests a possible upside of 64.0% 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 on January 1st, 2024. Since then, CGX shares have decreased by 6.2% and is now trading at C$7.85.
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, May 9th 2024.
View our CGX earnings forecast
.

How were Cineplex's earnings last quarter?

Cineplex Inc. (TSE:CGX) announced its earnings results on Thursday, February, 8th. The company reported ($0.19) earnings per share for the quarter. The company earned $315.08 million during the quarter, compared to the consensus estimate of $359.50 million.

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 100.00%. 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 4/21/2024 by MarketBeat.com Staff

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