FY2025 Earnings Estimate for Cinemark Issued By Roth Capital

Cinemark Holdings, Inc. (NYSE:CNK) – Research analysts at Roth Capital decreased their FY2025 earnings per share estimates for shares of Cinemark in a research note issued on Thursday, February 20th. Roth Capital analyst E. Handler now forecasts that the company will earn $2.16 per share for the year, down from their previous estimate of $2.29. The consensus estimate for Cinemark’s current full-year earnings is $1.93 per share.

A number of other research firms have also recently weighed in on CNK. JPMorgan Chase & Co. dropped their price target on Cinemark from $31.00 to $30.00 and set a “neutral” rating on the stock in a research note on Thursday. Morgan Stanley dropped their price target on Cinemark from $40.00 to $35.00 and set an “overweight” rating on the stock in a research note on Thursday. Benchmark dropped their price target on Cinemark from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday. Macquarie restated an “outperform” rating and issued a $35.00 price target on shares of Cinemark in a research note on Thursday. Finally, Wedbush restated a “neutral” rating and issued a $32.00 price target on shares of Cinemark in a research note on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $32.70.

Cinemark Trading Down 1.1 %

NYSE CNK opened at $27.47 on Monday. Cinemark has a 12 month low of $15.74 and a 12 month high of $36.28. The stock has a 50 day moving average of $30.24 and a 200-day moving average of $29.82. 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 cap of $3.36 billion, a PE ratio of 13.53 and a beta of 2.38.

Cinemark (NYSE:CNK) last released its quarterly earnings data on Wednesday, February 19th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.06). The company had revenue of $814.30 million during the quarter, compared to analyst estimates of $797.18 million. Cinemark had a net margin of 10.16% and a return on equity of 65.83%. The company’s quarterly revenue was up 27.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.15) EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of CNK. Arrowstreet Capital Limited Partnership increased its position in shares of Cinemark by 100.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,104,552 shares of the company’s stock worth $127,159,000 after purchasing an additional 2,054,579 shares during the period. Candlestick Capital Management LP increased its position in shares of Cinemark by 48.1% in the fourth quarter. Candlestick Capital Management LP now owns 4,931,618 shares of the company’s stock worth $152,782,000 after purchasing an additional 1,601,537 shares during the period. Maverick Capital Ltd. increased its position in shares of Cinemark by 1,356.4% in the third quarter. Maverick Capital Ltd. now owns 1,517,771 shares of the company’s stock worth $42,255,000 after purchasing an additional 1,413,557 shares during the period. Simcoe Capital Management LLC bought a new position in shares of Cinemark in the fourth quarter worth $37,763,000. Finally, Man Group plc bought a new position in shares of Cinemark in the fourth quarter worth $28,040,000.

Cinemark Dividend Announcement

The company also recently disclosed a — dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be given a dividend of $0.08 per share. The ex-dividend date is Wednesday, March 5th. Cinemark’s payout ratio is 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.