Cinemark (NYSE:CNK) Stock Price Target Raised at Wedbush

Cinemark (NYSE:CNK) had its target price hoisted by Wedbush from $45.00 to $46.00 in a research note published on Wednesday morning,Benzinga reports. They currently have an outperform rating on the stock.

A number of other research firms have also commented on CNK. The Goldman Sachs Group raised Cinemark from a “sell” rating to a “neutral” rating and increased their price target for the company from $23.00 to $30.00 in a research report on Wednesday, July 8th. Wall Street Zen downgraded shares of Cinemark from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 29th. Moffett Nathanson reiterated a “buy” rating and issued a $40.00 target price on shares of Cinemark in a research note on Thursday, July 30th. B. Riley Financial reiterated a “neutral” rating on shares of Cinemark in a research note on Monday, October 19th. Finally, Roth Capital reiterated a “buy” rating and issued a $45.00 target price on shares of Cinemark in a report on Friday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Cinemark presently has an average rating of “Moderate Buy” and a consensus target price of $39.57.

Cinemark Stock Performance

Shares of CNK stock opened at $40.34 on Wednesday. The firm has a market capitalization of $4.68 billion, a PE ratio of 16.53 and a beta of 1.07. The firm has a fifty day simple moving average of $37.04 and a two-hundred day simple moving average of $31.50. The company has a current ratio of 0.84, a quick ratio of 0.81 and a debt-to-equity ratio of 3.01. Cinemark has a 12 month low of $21.60 and a 12 month high of $40.75.

Cinemark (NYSE:CNK) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.98 by $0.06. Cinemark had a return on equity of 60.04% and a net margin of 8.13%. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the prior year, the business posted $0.40 earnings per share. The company’s quarterly revenue was up 23.5% compared to the same quarter last year. Analysts forecast that Cinemark will post 2.68 EPS for the current fiscal year.

Cinemark Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 26th were issued a $0.09 dividend. The ex-dividend date of this dividend was Wednesday, August 26th. This represents a $0.36 annualized dividend and a dividend yield of 0.9%. Cinemark’s dividend payout ratio is currently 21.30%.

Institutional Trading of Cinemark

A number of hedge funds have recently bought and sold shares of CNK. TD Waterhouse Canada Inc. purchased a new position in Cinemark in the third quarter worth $36,000. Public Employees Retirement System of Ohio bought a new position in Cinemark in the 2nd quarter valued at $32,000. USA Financial Formulas bought a new stake in shares of Cinemark during the 3rd quarter worth $43,000. Integrated Wealth Concepts LLC bought a new stake in shares of Cinemark during the 2nd quarter worth $60,000. Finally, Nykredit A S bought a new stake in shares of Cinemark during the 2nd quarter worth $135,000.

Cinemark News Summary

Here are the key news stories impacting Cinemark this week:

• Positive Sentiment: Q3 results beat estimates: Cinemark reported adjusted earnings of $1.04 per share versus analyst expectations of about $0.98, while revenue of roughly $1.06 billion topped estimates near $1.04 billion and rose 23.5% year over year. The company also described worldwide revenue as a record, reinforcing evidence of improving theater demand. Cinemark Q3 results
• Positive Sentiment: Business outlook is encouraging: Management highlighted a stronger 2027 film slate, while premium formats and longer theatrical windows could support revenue and margins. Q3 call highlights and film outlook
• Positive Sentiment: Wedbush raised its price target: The firm lifted its target to $46 from $45 and maintained an “outperform” rating, signaling continued analyst confidence. Wedbush recommendations
• Neutral Sentiment: Shares are near a 52-week high: Recent price strength may reflect the earnings momentum, though trading near a high can also leave less room for gains without further positive catalysts. Stocks near 52-week highs
• Negative Sentiment: Investment needs and release-model risks: Capital spending could exceed $250 million on projects Cinemark considers high-return, requiring significant investment. Separately, CEO Sean Gamble criticized a planned Netflix release strategy, highlighting ongoing tension over theatrical windows and potential risks to the cinema ecosystem. Long-term investor takeaways Cinemark CEO on theatrical release strategy

Cinemark Company Profile

Cinemark Holdings, Inc (NYSE: CNK) is a leading motion picture exhibition company that operates movie theaters in the United States and Latin America. Through its Cinemark and Century theater brands, the company provides audiences with theatrical entertainment, including first-run films, premium large-format presentations and enhanced viewing experiences.

Cinemark’s theaters generate revenue primarily through ticket sales and food and beverage concessions. Its offerings may include reserved seating, luxury reclining seats, Cinemark XD premium auditoriums, online and mobile ticketing, and loyalty programs such as Cinemark Movie Rewards.