18-Apr-2024
Cinemark to Host First Quarter 2024 Earnings Conference Call
Business Wire (Thu, 18-Apr 5:00 PM ET)
2024 US Cannes Lions Young Lions Winners Announced
Business Wire (Thu, 18-Apr 9:00 AM ET)
Cinemark Holdings (CNK) Receives a Buy from Wedbush
TipRanks (Thu, 18-Apr 8:36 AM ET)
Globe Newswire (Mon, 8-Apr 8:00 AM ET)
National CineMedia, Inc. Reports Results for Fiscal Fourth Quarter and Full Year 2023
Business Wire (Mon, 18-Mar 4:02 PM ET)
National CineMedia, Inc. Announces New $100 Million Share Repurchase Program
Business Wire (Mon, 18-Mar 4:01 PM ET)
Business Wire (Wed, 13-Mar 9:00 AM ET)
National CineMedia, Inc. to Release Fourth Quarter and Full Year 2023 Results on March 18, 2024
Business Wire (Wed, 6-Mar 5:00 PM ET)
Cinemark to Participate in Upcoming Institutional Investor Conference
Business Wire (Mon, 4-Mar 5:00 PM ET)
Cinemark Holdings, Inc. Reports Fourth Quarter and Full Year 2023 Results
Business Wire (Fri, 16-Feb 6:30 AM ET)
Cinemark Holdings Inc is geographically diverse operators in the motion picture exhibition industry in the United States. The company operates in around 518 theatres and 5,847 screens in the United States and Latin America. The company generates revenue from filmed entertainment box office receipts and concession sales, with additional revenue from screen advertising, screen rental and other revenue streams, such as transactional fees, vendor marketing promotions, studio trailer placements, meeting rentals and electronic video games located in some of the theatres. Majority of Cinemark's theaters are located in midsize cities or suburbs of large cities.
Cinemark Hldgs trades on the NYSE stock market under the symbol CNK.
As of April 18, 2024, CNK stock price declined to $18.12 with 1,565,736 million shares trading.
CNK has a beta of 0.38, meaning it tends to be less sensitive to market movements. CNK has a correlation of 0.01 to the broad based SPY ETF.
CNK has a market cap of $2.20 billion. This is considered a Mid Cap stock.
Last quarter Cinemark Hldgs reported $639 million in Revenue and -$.15 earnings per share. This beat revenue expectation by $19 million and missed earnings estimates by -$.10.
In the last 3 years, CNK stock traded as high as $25.20 and as low as $8.28.
The top ETF exchange traded funds that CNK belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.
CNK stock has underperformed the market in the last year with a return of +8.6%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CNK shares. However, CNK has outperformed the market in the last 3 month and 2 week periods, returning +33.3% and -3.1%, while SPY returned +6.1% and -3.8%, respectively. This indicates CNK has been having a stronger performance recently.
CNK support price is $17.74 and resistance is $18.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNK stock will trade within this expected range on the day.