Wedbush Comments on Cinemark’s Q3 Earnings (NYSE:CNK)

Cinemark Holdings Inc (NYSE:CNKFree Report) – Equities research analysts at Wedbush reduced their Q3 2025 earnings per share estimates for Cinemark in a report issued on Tuesday, October 28th. Wedbush analyst A. Reese now forecasts that the company will earn $0.52 per share for the quarter, down from their prior estimate of $0.57. Wedbush 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 FY2025 earnings at $1.27 EPS and Q3 2026 earnings at $1.02 EPS.

CNK has been the subject of several other research reports. Morgan Stanley decreased their price target on shares of Cinemark from $35.00 to $34.00 and set an “overweight” rating for the company in a report on Tuesday, October 21st. Zacks Research upgraded Cinemark from a “strong sell” rating to a “hold” rating in a report on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cinemark in a research report on Wednesday, October 8th. Barrington Research reiterated an “outperform” rating and issued a $36.00 price objective on shares of Cinemark in a research report on Tuesday, September 23rd. Finally, Wall Street Zen upgraded shares of Cinemark from a “sell” rating to a “hold” rating in a report on Sunday, August 10th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.30.

Check Out Our Latest Report on CNK

Cinemark Stock Up 2.5%

Shares of NYSE CNK opened at $27.30 on Wednesday. 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 0.88 and a current ratio of 0.91. The stock has a market cap of $3.14 billion, a P/E ratio of 14.92, a P/E/G ratio of 1.91 and a beta of 1.75. The firm has a 50 day moving average price of $26.97 and a 200 day moving average price of $28.82.

Cinemark (NYSE:CNKGet Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.15). The company had revenue of $940.50 million during 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 business’s revenue was up 28.1% compared to the same quarter last year. During the same period last year, the company earned $0.32 earnings per share.

Cinemark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Wednesday, August 27th were given a dividend of $0.08 per share. The ex-dividend date was Wednesday, August 27th. This represents a $0.32 annualized dividend and a yield of 1.2%. Cinemark’s dividend payout ratio (DPR) is presently 17.49%.

Insider Buying and Selling

In other Cinemark news, EVP Melissa Thomas sold 7,200 shares of Cinemark stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $25.17, for a total value of $181,224.00. Following the completion of the sale, the executive vice president owned 203,768 shares in the company, valued at $5,128,840.56. The trade was a 3.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wellington Management Group LLP raised its holdings in shares of Cinemark by 12.9% during the 1st quarter. Wellington Management Group LLP now owns 9,346,856 shares of the company’s stock worth $232,643,000 after buying an additional 1,066,225 shares in the last quarter. Marshall Wace LLP grew its stake in shares of Cinemark by 758.9% in the second quarter. Marshall Wace LLP now owns 4,497,305 shares of the company’s stock worth $135,729,000 after purchasing an additional 3,973,689 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in Cinemark by 106.9% in the second quarter. Assenagon Asset Management S.A. now owns 2,589,372 shares of the company’s stock valued at $78,147,000 after purchasing an additional 1,338,153 shares during the period. Squarepoint Ops LLC raised its position in shares of Cinemark by 119.9% during the second quarter. Squarepoint Ops LLC now owns 2,180,513 shares of the company’s stock worth $65,808,000 after acquiring an additional 1,188,709 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in Cinemark by 18.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 2,012,913 shares of the company’s stock worth $60,750,000 after purchasing an additional 316,476 shares during the last quarter.

Cinemark Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Cinemark (NYSE:CNK)

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