What is Wedbush’s Forecast for Cinemark Q1 Earnings?

Cinemark Holdings, Inc. (NYSE:CNK) – Equities research analysts at Wedbush issued their Q1 2025 EPS estimates for shares of Cinemark in a research note issued on Wednesday, February 19th. Wedbush analyst A. Reese anticipates that the company will earn ($0.06) per share for the quarter. Wedbush has a “Neutral” rating and a $32.00 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 $0.44 EPS.

A number of other brokerages also recently commented on CNK. Macquarie reissued an “outperform” rating and issued a $35.00 price objective on shares of Cinemark in a research report on Thursday, February 20th. Wells Fargo & Company dropped their price objective on shares of Cinemark from $38.00 to $36.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 29th. Benchmark dropped their price objective on shares of Cinemark from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. StockNews.com upgraded Cinemark from a “sell” rating to a “hold” rating in a report on Sunday, November 10th. Finally, JPMorgan Chase & Co. dropped their price objective on Cinemark from $31.00 to $30.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Cinemark presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.70.

Cinemark Price Performance

Shares of NYSE CNK opened at $26.72 on Monday. The stock’s 50-day moving average is $30.13 and its two-hundred day moving average is $29.82. The company has a debt-to-equity ratio of 3.28, a current ratio of 1.01 and a quick ratio of 0.96. Cinemark has a 1-year low of $16.04 and a 1-year high of $36.28. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 13.16 and a beta of 2.38.

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

Cinemark Dividend Announcement

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

Insider Transactions at Cinemark

In other news, insider Wanda Marie Gierhart sold 9,119 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $27.00, for a total transaction of $246,213.00. Following the transaction, the insider now directly owns 147,414 shares in the company, valued at approximately $3,980,178. This trade represents a 5.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Cinemark

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Aigen Investment Management LP grew its holdings in shares of Cinemark by 198.9% during the third quarter. Aigen Investment Management LP now owns 49,400 shares of the company’s stock worth $1,375,000 after buying an additional 32,870 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Cinemark by 88.9% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 62,239 shares of the company’s stock worth $1,733,000 after buying an additional 29,295 shares during the last quarter. State of New Jersey Common Pension Fund D purchased a new position in Cinemark in the 3rd quarter valued at $1,960,000. Entropy Technologies LP purchased a new position in Cinemark in the 3rd quarter valued at $893,000. Finally, KBC Group NV grew its position in Cinemark by 470.1% in the 4th quarter. KBC Group NV now owns 16,920 shares of the company’s stock valued at $524,000 after buying an additional 13,952 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.