Wedbush Forecasts Cinemark’s FY2025 Earnings (NYSE:CNK)

Cinemark Holdings Inc (NYSE:CNK) – Equities researchers at Wedbush cut their FY2025 EPS estimates for shares of Cinemark in a research note issued to investors on Monday, August 4th. Wedbush analyst A. Reese now forecasts that the company will earn $1.31 per share for the year, down from their prior forecast of $1.63. Wedbush currently has a “Outperform” rating and a $37.00 price target on the stock. The consensus estimate for Cinemark’s current full-year earnings is $1.93 per share. Wedbush also issued estimates for Cinemark’s Q4 2025 earnings at $0.45 EPS, Q3 2026 earnings at $1.07 EPS, Q4 2026 earnings at $0.42 EPS, FY2026 earnings at $2.13 EPS and FY2027 earnings at $2.41 EPS.

Other equities research analysts have also recently issued reports about the company. Wells Fargo & Company reiterated an “overweight” rating and issued a $33.00 target price (down from $36.00) on shares of Cinemark in a research note on Monday. Barrington Research reaffirmed an “outperform” rating and set a $36.00 target price on shares of Cinemark in a research note on Monday. Deutsche Bank Aktiengesellschaft started coverage on Cinemark in a research note on Thursday, July 10th. They issued a “buy” rating and a $36.00 price target for the company. Benchmark reissued a “buy” rating and set a $35.00 price target on shares of Cinemark in a report on Wednesday, July 2nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Cinemark from $34.00 to $35.00 and gave the stock an “overweight” rating in a report on Monday, May 5th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.67.

Cinemark Trading Down 2.3%

NYSE:CNK opened at $24.92 on Wednesday. The firm has a market capitalization of $2.87 billion, a P/E ratio of 13.62, a P/E/G ratio of 2.42 and a beta of 1.90. The business has a 50 day simple moving average of $30.22 and a 200 day simple moving average of $28.99. The company has a debt-to-equity ratio of 4.32, a current ratio of 0.91 and a quick ratio of 0.76. Cinemark has a 12-month low of $23.12 and a 12-month high of $36.28.

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

Cinemark Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Stockholders of record on Thursday, May 29th were paid a $0.08 dividend. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 1.3%. Cinemark’s payout ratio is currently 17.49%.

Insider Transactions at Cinemark

In related news, EVP Melissa Thomas sold 7,200 shares of the stock in a transaction that occurred on Thursday, May 15th. The shares were 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 directly 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Valmir Fernandes sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $33.01, for a total transaction of $825,250.00. Following the sale, the insider owned 130,612 shares of the company’s stock, valued at $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. Insiders have sold 84,724 shares of company stock valued at $2,724,435 in the last quarter. Insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On Cinemark

A number of hedge funds and other institutional investors have recently modified their holdings of CNK. LPL Financial LLC boosted its stake in Cinemark by 6.8% in the 4th quarter. LPL Financial LLC now owns 8,722 shares of the company’s stock worth $270,000 after purchasing an additional 556 shares during the period. Franklin Resources Inc. boosted its position in shares of Cinemark by 25.0% in the fourth quarter. Franklin Resources Inc. now owns 70,964 shares of the company’s stock worth $2,198,000 after buying an additional 14,207 shares during the period. Resona Asset Management Co. Ltd. purchased a new position in shares of Cinemark during the fourth quarter valued at $348,000. Russell Investments Group Ltd. raised its position in Cinemark by 402.4% during the fourth quarter. Russell Investments Group Ltd. now owns 1,030 shares of the company’s stock valued at $32,000 after buying an additional 825 shares during the period. Finally, Aster Capital Management DIFC Ltd lifted its stake in Cinemark by 380.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,896 shares of the company’s stock worth $59,000 after acquiring an additional 1,501 shares in 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.