FY2025 Earnings Forecast for Cinemark Issued By B. Riley

Cinemark Holdings Inc (NYSE:CNK) – B. Riley dropped their FY2025 earnings estimates for Cinemark in a research report issued to clients and investors on Monday, August 4th. B. Riley analyst D. Crum now expects that the company will post earnings of $1.45 per share for the year, down from their prior estimate of $1.69. B. Riley currently has a “Neutral” rating and a $35.00 target price on the stock. The consensus estimate for Cinemark’s current full-year earnings is $1.93 per share. B. Riley also issued estimates for Cinemark’s Q4 2025 earnings at $0.65 EPS and FY2026 earnings at $2.32 EPS.

Cinemark (NYSE:CNK) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.15). The company had revenue of $940.50 million during the quarter, compared to analyst estimates of $942.14 million. Cinemark had a net margin of 9.13% and a return on equity of 59.16%. Cinemark’s revenue was up 28.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.32 earnings per share.

CNK has been the topic of a number of other reports. Wells Fargo & Company reduced their price objective on shares of Cinemark from $36.00 to $33.00 and set an “overweight” rating on the stock in a research note on Monday. Roth Capital reduced their price target on shares of Cinemark from $36.00 to $34.00 and set a “buy” rating on the stock in a research report on Monday. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Cinemark in a research report on Thursday, July 10th. They set a “buy” rating and a $36.00 price objective for the company. Wall Street Zen downgraded Cinemark from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Wedbush raised Cinemark from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $32.00 to $37.00 in a report on Friday, July 11th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.67.

Cinemark Stock Down 0.8%

Shares of NYSE CNK opened at $25.49 on Tuesday. The stock has a market capitalization of $2.93 billion, a P/E ratio of 13.93, a PEG ratio of 2.26 and a beta of 1.90. The stock’s fifty day moving average is $30.38 and its 200 day moving average is $29.01. Cinemark has a 52 week low of $23.12 and a 52 week high of $36.28. The company has a debt-to-equity ratio of 4.32, a quick ratio of 0.76 and a current ratio of 0.91.

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 paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, May 29th. Cinemark’s dividend payout ratio (DPR) is presently 17.49%.

Insider Activity

In other news, EVP Melissa Thomas sold 7,200 shares of the company’s stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $31.43, for a total value of $226,296.00. Following the completion of the transaction, the executive vice president owned 210,968 shares of the company’s stock, valued at $6,630,724.24. This represents a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Wanda Marie Gierhart sold 52,524 shares of the firm’s stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $31.85, for a total transaction of $1,672,889.40. Following the completion of the transaction, the insider owned 94,890 shares of the company’s stock, valued at approximately $3,022,246.50. This trade represents a 35.63% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 84,724 shares of company stock valued at $2,724,435. 2.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Cinemark

Hedge funds have recently modified their holdings of the business. QRG Capital Management Inc. increased its holdings in Cinemark by 3.2% in the second quarter. QRG Capital Management Inc. now owns 16,894 shares of the company’s stock valued at $510,000 after purchasing an additional 521 shares during the period. LPL Financial LLC grew its position in shares of Cinemark by 6.8% in the 4th quarter. LPL Financial LLC now owns 8,722 shares of the company’s stock valued at $270,000 after buying an additional 556 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of Cinemark by 3.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 16,270 shares of the company’s stock valued at $504,000 after buying an additional 591 shares during the period. Summit Investment Advisors Inc. increased its stake in shares of Cinemark by 5.7% in the fourth quarter. Summit Investment Advisors Inc. now owns 11,546 shares of the company’s stock valued at $358,000 after buying an additional 618 shares during the period. Finally, Quarry LP raised its position in shares of Cinemark by 41.8% during the fourth quarter. Quarry LP now owns 2,114 shares of the company’s stock worth $65,000 after acquiring an additional 623 shares during the last quarter.

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.