FY2025 Earnings Estimate for Cinemark Issued By Roth Capital

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

Cinemark (NYSE:CNK) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.06). The company had revenue of $814.30 million for the quarter, compared to analyst estimates of $797.18 million. Cinemark had a return on equity of 65.83% and a net margin of 10.16%. The firm’s quarterly revenue was up 27.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.15) EPS.

Other analysts have also recently issued reports about the company. Benchmark dropped their price objective on Cinemark from $40.00 to $35.00 and set a “buy” rating for the company in a report on Thursday. Barrington Research reissued an “outperform” rating and set a $40.00 price objective on shares of Cinemark in a report on Wednesday, February 19th. JPMorgan Chase & Co. dropped their price objective on Cinemark from $31.00 to $30.00 and set a “neutral” rating for the company in a report on Thursday. Morgan Stanley dropped their price objective on Cinemark from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Macquarie reissued an “outperform” rating and set a $35.00 price objective on shares of Cinemark in a report on Thursday. One analyst has rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $32.70.

Cinemark Stock Performance

Shares of NYSE:CNK opened at $27.47 on Monday. The stock has a market capitalization of $3.36 billion, a P/E ratio of 13.53 and a beta of 2.38. Cinemark has a 1-year low of $15.74 and a 1-year 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 business has a 50-day moving average price of $30.24 and a two-hundred day moving average price of $29.82.

Cinemark Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be given a $0.08 dividend. The ex-dividend date is Wednesday, March 5th. Cinemark’s dividend payout ratio is presently 15.76%.

Hedge Funds Weigh In On Cinemark

Several institutional investors and hedge funds have recently modified their holdings of CNK. Elequin Capital LP grew its position in shares of Cinemark by 211.6% in the 4th quarter. Elequin Capital LP now owns 997 shares of the company’s stock valued at $31,000 after purchasing an additional 677 shares during the period. Russell Investments Group Ltd. grew its position in shares of Cinemark by 402.4% in the 4th quarter. Russell Investments Group Ltd. now owns 1,030 shares of the company’s stock valued at $32,000 after purchasing an additional 825 shares during the period. Quarry LP grew its position in shares of Cinemark by 714.8% in the 3rd quarter. Quarry LP now owns 1,491 shares of the company’s stock valued at $42,000 after purchasing an additional 1,308 shares during the period. Aster Capital Management DIFC Ltd grew its position in shares of Cinemark by 380.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,896 shares of the company’s stock valued at $59,000 after purchasing an additional 1,501 shares during the period. Finally, R Squared Ltd acquired a new position in shares of Cinemark in the 4th quarter valued at approximately $63,000.

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.