Roth Capital Has Pessimistic Outlook of Cinemark Q1 Earnings

Cinemark Holdings, Inc. (NYSE:CNK - Free Report) - Analysts at Roth Capital reduced their Q1 2025 earnings per share estimates for Cinemark in a report released on Wednesday, April 16th. Roth Capital analyst E. Handler now expects that the company will post earnings per share of ($0.21) for the quarter, down from their previous estimate of $0.02. The consensus estimate for Cinemark's current full-year earnings is $1.93 per share. Roth Capital also issued estimates for Cinemark's FY2026 earnings at $2.52 EPS.

CNK has been the topic of several other research reports. Morgan Stanley lowered their price target on shares of Cinemark from $40.00 to $35.00 and set an "overweight" rating on the stock in a report on Thursday, February 20th. Wedbush restated a "neutral" rating and set a $32.00 target price on shares of Cinemark in a research report on Tuesday, February 18th. Benchmark lowered their target price on shares of Cinemark from $40.00 to $35.00 and set a "buy" rating for the company in a report on Thursday, February 20th. Barrington Research restated an "outperform" rating and issued a $40.00 price target on shares of Cinemark in a report on Wednesday, February 19th. Finally, Wells Fargo & Company decreased their price objective on Cinemark from $38.00 to $36.00 and set an "overweight" rating for the company in a report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Cinemark currently has an average rating of "Moderate Buy" and a consensus price target of $33.10.

Cinemark Stock Performance

NYSE CNK traded down $0.21 on Friday, hitting $29.20. 1,193,983 shares of the company traded hands, compared to its average volume of 2,933,963. The business's 50 day moving average price is $26.37 and its 200-day moving average price is $29.25. Cinemark has a 52-week low of $16.32 and a 52-week high of $36.28. The company has a current ratio of 1.01, a quick ratio of 0.96 and a debt-to-equity ratio of 3.28. The company has a market capitalization of $3.44 billion, a price-to-earnings ratio of 14.38 and a beta of 2.07.

Cinemark (NYSE:CNK - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.06). The business had revenue of $814.30 million for the quarter, compared to analysts' expectations of $797.18 million. Cinemark had a net margin of 10.16% and a return on equity of 65.83%. The firm's quarterly revenue was up 27.5% on a year-over-year basis. During the same period in the prior year, the company posted ($0.15) earnings per share.

Institutional Investors Weigh In On Cinemark

A number of institutional investors have recently made changes to their positions in CNK. Geode Capital Management LLC lifted its stake in Cinemark by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,449,567 shares of the company's stock worth $68,209,000 after acquiring an additional 25,857 shares in the last quarter. Castellan Group acquired a new stake in Cinemark during the 3rd quarter worth approximately $6,130,000. Franklin Resources Inc. grew its stake in shares of Cinemark by 6.8% in the third quarter. Franklin Resources Inc. now owns 56,757 shares of the company's stock worth $1,651,000 after acquiring an additional 3,632 shares in the last quarter. Principal Financial Group Inc. raised its position in Cinemark by 18.8% in the 3rd quarter. Principal Financial Group Inc. now owns 629,782 shares of the company's stock valued at $17,533,000 after purchasing an additional 99,843 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in Cinemark by 44.9% during the 4th quarter. GAMMA Investing LLC now owns 2,926 shares of the company's stock worth $91,000 after acquiring an additional 906 shares in the last quarter.

Insider Transactions at Cinemark

In other news, insider Wanda Marie Gierhart sold 9,119 shares of the company's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $27.00, for a total value of $246,213.00. Following the transaction, the insider now owns 147,414 shares of the company's stock, valued at $3,980,178. This represents a 5.83 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.30% of the company's stock.

Cinemark Announces Dividend

The business also recently announced a -- dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were paid a $0.08 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. Cinemark's dividend payout ratio (DPR) is presently 15.76%.

Cinemark Company Profile

Cinemark Holdings, Inc, together with its subsidiaries, engages in the motion picture exhibition business. As of February 16, 2024, it operated 501 theatres with 5,719 screens in 42 states and 13 countries in South and Central America. Cinemark Holdings, Inc was founded in 1984 and is headquartered in Plano, Texas.