What is Wedbush’s Forecast for Cinemark Q1 Earnings?

Cinemark Holdings, Inc. (NYSE:CNK) – Equities research analysts at Wedbush issued their Q1 2025 earnings per share estimates for Cinemark in a research report issued on Wednesday, February 19th. Wedbush analyst A. Reese anticipates that the company will post earnings of ($0.06) per share for the quarter. Wedbush currently has a “Neutral” rating and a $32.00 price target on the stock. The consensus estimate for Cinemark’s current full-year earnings is $1.93 per share. Wedbush also issued estimates for Cinemark’s Q4 2025 earnings at $0.44 EPS.

Several other research analysts have also issued reports on CNK. Wells Fargo & Company cut their target price on shares of Cinemark from $38.00 to $36.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 29th. Benchmark cut their price objective on shares of Cinemark from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Cinemark in a research report on Wednesday, February 19th. Macquarie reiterated an “outperform” rating and issued a $35.00 price target on shares of Cinemark in a report on Thursday. Finally, JPMorgan Chase & Co. decreased their price objective on Cinemark from $31.00 to $30.00 and set a “neutral” rating for the company in a report on Thursday. One research analyst has rated the stock with a sell rating, four have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $32.70.

Cinemark Stock Performance

Shares of CNK stock opened at $27.47 on Monday. The firm has a 50 day moving average of $30.24 and a 200-day moving average of $29.82. The company has a market cap of $3.36 billion, a price-to-earnings ratio of 13.53 and a beta of 2.38. The company has a quick ratio of 0.96, a current ratio of 1.01 and a debt-to-equity ratio of 3.28. Cinemark has a 52 week low of $15.74 and a 52 week high of $36.28.

Cinemark (NYSE:CNK) last issued its quarterly 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). Cinemark had a net margin of 10.16% and a return on equity of 65.83%. The firm had revenue of $814.30 million for the quarter, compared to the consensus estimate of $797.18 million. During the same period last year, the company posted ($0.15) EPS. The business’s revenue was up 27.5% compared to the same quarter last year.

Cinemark Announces Dividend

The business also recently declared a — dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, March 5th. Cinemark’s dividend payout ratio (DPR) is currently 15.76%.

Hedge Funds Weigh In On Cinemark

Several large investors have recently bought and sold shares of CNK. LPL Financial LLC boosted its stake in Cinemark by 6.8% in the fourth quarter. LPL Financial LLC now owns 8,722 shares of the company’s stock valued at $270,000 after acquiring an additional 556 shares during the last quarter. QRG Capital Management Inc. raised its holdings in shares of Cinemark by 3.2% in the 4th quarter. QRG Capital Management Inc. now owns 17,730 shares of the company’s stock worth $549,000 after purchasing an additional 557 shares during the period. Natixis Advisors LLC lifted its stake in Cinemark by 2.9% in the third quarter. Natixis Advisors LLC now owns 20,638 shares of the company’s stock valued at $575,000 after purchasing an additional 583 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in Cinemark by 3.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 16,270 shares of the company’s stock valued at $504,000 after purchasing an additional 591 shares during the period. Finally, Summit Investment Advisors Inc. increased its position in Cinemark by 5.7% in the fourth quarter. Summit Investment Advisors Inc. now owns 11,546 shares of the company’s stock worth $358,000 after buying an additional 618 shares during the last quarter.

About Cinemark

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.