Cinemark (CNK) to Release Quarterly Earnings on Friday

Cinemark (NYSE:CNK) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Friday, August 1st. Analysts expect the company to announce earnings of $0.82 per share and revenue of $942.14 million for the quarter.

Cinemark (NYSE:CNK) last announced its quarterly earnings data on Friday, May 2nd. The company reported ($0.32) EPS for the quarter, meeting the consensus estimate of ($0.32). The firm had revenue of $540.70 million for the quarter, compared to analyst estimates of $604.62 million. Cinemark had a return on equity of 51.68% and a net margin of 8.17%. The company’s revenue was down 6.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.19 EPS. On average, analysts expect Cinemark to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Cinemark Price Performance

Shares of Cinemark stock opened at $27.26 on Thursday. The business’s 50-day moving average price is $30.93 and its 200-day moving average price is $29.10. The company has a current ratio of 0.79, a quick ratio of 0.76 and a debt-to-equity ratio of 5.53. Cinemark has a 12 month low of $22.93 and a 12 month high of $36.28. The firm has a market capitalization of $3.14 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 2.35 and a beta of 1.88.

Cinemark Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 12th. Investors of record on Thursday, May 29th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $0.32 annualized dividend and a yield of 1.17%. Cinemark’s payout ratio is 21.05%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Roth Capital reduced their price target on Cinemark from $36.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, July 9th. Benchmark restated a “buy” rating and issued a $35.00 target price on shares of Cinemark in a research note on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft began coverage on Cinemark in a research note on Thursday, July 10th. They set a “buy” rating and a $36.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on Cinemark from $34.00 to $35.00 and gave the company an “overweight” rating in a research note on Monday, May 5th. Finally, Wedbush raised Cinemark from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $32.00 to $37.00 in a report on Friday, July 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $34.00.

Insider Buying and Selling at Cinemark

In other Cinemark news, EVP Melissa Thomas sold 7,200 shares of the business’s stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $31.43, for a total transaction of $226,296.00. Following the completion of the sale, the executive vice president owned 210,968 shares of the company’s stock, valued at approximately $6,630,724.24. The trade was a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Wanda Marie Gierhart sold 52,524 shares of the business’s stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $31.85, for a total value of $1,672,889.40. Following the sale, the insider directly owned 94,890 shares of the company’s stock, valued at $3,022,246.50. This represents a 35.63% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 84,724 shares of company stock valued at $2,724,435. Company insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On Cinemark

Several large investors have recently made changes to their positions in CNK. Acadian Asset Management LLC purchased a new stake in shares of Cinemark in the first quarter worth about $372,000. Woodline Partners LP bought a new stake in Cinemark during the first quarter worth approximately $570,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Cinemark by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 65,699 shares of the company’s stock worth $1,635,000 after acquiring an additional 2,872 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Cinemark by 8.0% during the first 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 acquiring an additional 25,490 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.