Cinemark (CNK) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $30.51 to $31.59
• 50-Day Range: $28.20 to $36.01
• 52-Week Range: $13.19 to $36.28
• Volume: 3.24 million shs
• Average Volume: 2.83 million shs
• Market Capitalization: $3.77 billion
• P/E Ratio: 19.89
• Dividend Yield: N/A
• Price Target: $32.80
• Consensus Rating: Moderate Buy

Cinemark Stock Analysis - MarketRank™

Cinemark scored higher than 61% of companies evaluated by MarketBeat, and ranked 148th out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Cinemark has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Cinemark has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -1.50%

Earnings Growth

Earnings for Cinemark are expected to decrease by -1.50% in the coming year, from $2.00 to $1.97 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cinemark is 19.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cinemark is 19.89, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.33.

Price to Earnings Growth Ratio

Cinemark has a PEG Ratio of 1.66. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Cinemark has a P/B Ratio of 11.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

22.22% of the float of Cinemark has been sold short.

Short Interest Ratio / Days to Cover

Cinemark has a short interest ratio ("days to cover") of 9.7.

Change versus previous month

Short interest in Cinemark has recently increased by 5.97%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Cinemark does not currently pay a dividend.

Dividend Growth

Cinemark does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cinemark is 92.90%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Cinemark will have a dividend payout ratio of 73.10% next year. This indicates that Cinemark will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.7 / 5
• Environmental Score: -1.20

Percentage of Shares Shorted

22.22% of the float of Cinemark has been sold short.

Short Interest Ratio / Days to Cover

Cinemark has a short interest ratio ("days to cover") of 9.7.

Change versus previous month

Short interest in Cinemark has recently increased by 5.97%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.01

News Sentiment

Cinemark has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Cinemark this week, compared to 7 articles on an average week.

Search Interest

6 people have searched for CNK on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Cinemark to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cinemark insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $817,000.00 in company stock.

Percentage Held by Insiders

Only 2.30% of the stock of Cinemark is held by insiders.

CNK Stock Analysis - Frequently Asked Questions

How have CNK shares performed this year?

Cinemark's stock was trading at $14.09 at the start of the year. Since then, CNK shares have increased by 118.8% and is now trading at $30.83.
View the best growth stocks for 2024 here.

How were Cinemark's earnings last quarter?

Cinemark Holdings, Inc. (NYSE:CNK) released its earnings results on Thursday, October, 31st. The company reported $1.19 EPS for the quarter, beating the consensus estimate of $0.58 by $0.61. Cinemark's quarterly revenue was up 5.4% compared to the same quarter last year.

Who are Cinemark's major shareholders?

Top institutional shareholders of Cinemark include Wellington Management Group LLP (9.43%), Geode Capital Management LLC (2.00%), Victory Capital Management Inc. (1.28%) and Maverick Capital Ltd. (1.24%). Insiders that own company stock include Valmir Fernandes, Wanda Marie Gierhart and Enrique Senior.
View institutional ownership trends.

How do I buy shares of Cinemark?

Shares of CNK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cinemark own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cinemark investors own include American Water Works (AWK), DiamondRock Hospitality (DRH), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and Humana (HUM).

Company Calendar

• Last Earnings: 10/31/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Motion picture theaters
• Sub-Industry: Movies & Entertainment
• Current Symbol: NYSE:CNK
• CUSIP: 17243V10
• CIK: 1385280
• Web: www.cinemark.com
• Phone: (972) 665-1000
• Fax: 972-665-1008
• Employees: 17,500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $32.80
• High Stock Price Target: $40.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +6.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.64
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.55
• Trailing P/E Ratio: 19.89
• Forward P/E Ratio: 15.42
• P/E Growth: 1.66
• Net Income: $188.20 million
• Net Margins: 8.36%
• Pretax Margin: 5.98%
• Return on Equity: 60.21%
• Return on Assets: 4.97%

Debt

• Debt-to-Equity Ratio: 3.46
• Current Ratio: 0.98
• Quick Ratio: 0.96

Sales & Book Value

• Annual Sales: $2.87 billion
• Price / Sales: 1.31
• Cash Flow: $2.83 per share
• Price / Cash Flow: 10.88
• Book Value: $2.62 per share
• Price / Book: 11.77

Miscellaneous

• Outstanding Shares: 122,365,000
• Free Float: 119,551,000
• Market Cap: $3.77 billion
• Optionable: Optionable
• Beta: 2.38