Q3 EPS Estimates for Cinemark Boosted by Barrington Research

Cinemark Holdings Inc (NYSE:CNK) – Research analysts at Barrington Research upped their Q3 2026 earnings estimates for Cinemark in a note issued to investors on Thursday, November 6th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings of $0.78 per share for the quarter, up from their prior estimate of $0.67. Barrington Research currently has a “Outperform” rating and a $36.00 price objective on the stock. The consensus estimate for Cinemark’s current full-year earnings is $1.93 per share.

Several other equities research analysts have also recently commented on CNK. Weiss Ratings reiterated a “hold (c+)” rating on shares of Cinemark in a research report on Wednesday, October 8th. Wall Street Zen raised shares of Cinemark from a “sell” rating to a “hold” rating in a research note on Sunday, August 10th. Morgan Stanley dropped their target price on shares of Cinemark from $35.00 to $34.00 and set an “overweight” rating for the company in a research report on Tuesday, October 21st. JPMorgan Chase & Co. cut their price target on Cinemark from $38.00 to $37.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Roth Capital reaffirmed a “buy” rating and set a $35.00 price objective on shares of Cinemark in a research note on Wednesday. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.30.

Cinemark Trading Down 1.7%

CNK stock opened at $28.50 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.91 and a debt-to-equity ratio of 4.32. Cinemark has a twelve month low of $23.12 and a twelve month high of $36.28. The company has a market cap of $3.28 billion, a P/E ratio of 15.58, a PEG ratio of 1.96 and a beta of 1.69. The business has a fifty day moving average of $27.19 and a 200-day moving average of $28.79.

Cinemark (NYSE:CNK) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.04). The company had revenue of $857.50 million during the quarter, compared to the consensus estimate of $851.47 million. Cinemark had a return on equity of 59.16% and a net margin of 9.13%.The business’s revenue for the quarter was down 7.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.19 EPS.

Institutional Investors Weigh In On Cinemark

Several institutional investors have recently added to or reduced their stakes in CNK. Amalgamated Bank increased its holdings in Cinemark by 1.7% during the 3rd quarter. Amalgamated Bank now owns 29,626 shares of the company’s stock worth $830,000 after purchasing an additional 488 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Cinemark by 20.1% in the third quarter. Smartleaf Asset Management LLC now owns 3,027 shares of the company’s stock valued at $83,000 after purchasing an additional 506 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Cinemark by 118.5% during the second quarter. EverSource Wealth Advisors LLC now owns 935 shares of the company’s stock worth $28,000 after buying an additional 507 shares during the period. QRG Capital Management Inc. grew its holdings in shares of Cinemark by 3.2% during the second quarter. QRG Capital Management Inc. now owns 16,894 shares of the company’s stock worth $510,000 after buying an additional 521 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. grew its holdings in shares of Cinemark by 7.2% during the second quarter. Resona Asset Management Co. Ltd. now owns 12,056 shares of the company’s stock worth $364,000 after buying an additional 812 shares in the last quarter.

Insider Buying and Selling

In other Cinemark news, EVP Melissa Thomas sold 7,200 shares of Cinemark stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $25.17, for a total value of $181,224.00. Following the transaction, the executive vice president owned 203,768 shares of the company’s stock, valued at approximately $5,128,840.56. The trade was a 3.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.30% of the company’s stock.

Cinemark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, November 28th. This is a positive change from Cinemark’s previous quarterly dividend of $0.08. Cinemark’s dividend payout ratio (DPR) is currently 17.49%.

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.