Cinemark (CNK) Expected to Announce Quarterly Earnings on Friday

Cinemark (NYSE:CNK) will likely be releasing its Q2 2025 earnings data before the market opens on Friday, August 1st. Analysts expect Cinemark to post earnings of $0.82 per share and revenue of $942.14 million for the quarter.

Cinemark (NYSE:CNK) last released its quarterly earnings data on Friday, May 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.32). The firm had revenue of $540.70 million during the quarter, compared to analysts’ expectations of $604.62 million. Cinemark had a return on equity of 51.68% and a net margin of 8.17%. Cinemark’s revenue was down 6.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.19 earnings per share. On average, analysts expect Cinemark to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Cinemark Trading Down 2.1%

NYSE:CNK opened at $27.65 on Wednesday. The stock has a fifty day moving average price of $31.02 and a two-hundred day moving average price of $29.11. The stock has a market capitalization of $3.18 billion, a price-to-earnings ratio of 18.19, a PEG ratio of 2.40 and a beta of 1.88. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.76 and a current ratio of 0.79. Cinemark has a 1 year low of $22.62 and a 1 year high of $36.28.

Cinemark Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 12th. Stockholders of record on Thursday, May 29th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date was Thursday, May 29th. Cinemark’s dividend payout ratio is currently 21.05%.

Analyst Ratings Changes

CNK has been the subject of a number of research analyst reports. Roth Capital dropped their price target on Cinemark from $36.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft initiated coverage on Cinemark in a research report on Thursday, July 10th. They issued a “buy” rating and a $36.00 price target for the company. B. Riley initiated coverage on Cinemark in a research report on Friday, May 16th. They issued a “neutral” rating and a $35.00 price target for the company. Wedbush upgraded Cinemark from a “neutral” rating to an “outperform” rating and raised their price target for the company from $32.00 to $37.00 in a research report on Friday, July 11th. Finally, Benchmark restated a “buy” rating and issued a $35.00 price target on shares of Cinemark in a research report on Wednesday, July 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $34.00.

Insiders Place Their Bets

In other Cinemark news, EVP Melissa Thomas sold 7,200 shares of the firm’s stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $31.43, for a total value of $226,296.00. Following the sale, the executive vice president directly owned 210,968 shares of the company’s stock, valued at approximately $6,630,724.24. This trade represents a 3.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Valmir Fernandes sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $33.01, for a total value of $825,250.00. Following the completion of the sale, the insider directly owned 130,612 shares in the company, valued at approximately $4,311,502.12. The trade was a 16.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 84,724 shares of company stock valued at $2,724,435. Insiders own 2.30% of the company’s stock.

Institutional Trading of Cinemark

Hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC purchased a new position in shares of Cinemark in the 1st quarter worth about $372,000. Woodline Partners LP purchased a new position in shares of Cinemark in the 1st quarter worth about $570,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Cinemark by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 65,699 shares of the company’s stock worth $1,635,000 after purchasing an additional 2,872 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Cinemark by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 345,258 shares of the company’s stock worth $8,593,000 after purchasing an additional 25,490 shares during the period.

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.