Cinemark Holdings Inc. (NYSE:CNK) announced a quarterly dividend on Thursday, November 17th. Shareholders of record on Friday, December 2nd will be paid a dividend of 0.27 per share on Friday, December 16th. This represents a $1.08 annualized dividend and a yield of 2.59%. The ex-dividend date is Wednesday, November 30th.

Shares of Cinemark Holdings (NYSE:CNK) opened at 41.69 on Friday. Cinemark Holdings has a 52 week low of $26.56 and a 52 week high of $42.56. The firm has a 50-day moving average of $40.22 and a 200 day moving average of $37.69. The company has a market cap of $4.82 billion, a P/E ratio of 20.54 and a beta of 1.01.

Cinemark Holdings (NYSE:CNK) last issued its quarterly earnings data on Tuesday, November 8th. The company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by $0.01. The firm earned $768.60 million during the quarter, compared to analyst estimates of $776.40 million. Cinemark Holdings had a return on equity of 20.75% and a net margin of 8.06%. The company’s revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the company posted $0.40 EPS. Equities analysts expect that Cinemark Holdings will post $1.99 EPS for the current fiscal year.

Dividend History for Cinemark Holdings (NYSE:CNK)

Several institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC raised its position in shares of Cinemark Holdings by 4.7% in the second quarter. Hsbc Holdings PLC now owns 8,339 shares of the company’s stock valued at $304,000 after buying an additional 377 shares in the last quarter. First Allied Advisory Services Inc. raised its position in shares of Cinemark Holdings by 5.9% in the second quarter. First Allied Advisory Services Inc. now owns 7,240 shares of the company’s stock valued at $259,000 after buying an additional 404 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Cinemark Holdings by 13.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,462 shares of the company’s stock valued at $133,000 after buying an additional 412 shares in the last quarter. LPL Financial LLC raised its position in shares of Cinemark Holdings by 10.1% in the third quarter. LPL Financial LLC now owns 6,515 shares of the company’s stock valued at $249,000 after buying an additional 600 shares in the last quarter. Finally, Ameritas Investment Partners Inc. raised its position in shares of Cinemark Holdings by 4.6% in the second quarter. Ameritas Investment Partners Inc. now owns 16,716 shares of the company’s stock valued at $609,000 after buying an additional 741 shares in the last quarter. Hedge funds and other institutional investors own 87.89% of the company’s stock.

CNK has been the subject of a number of research reports. Goldman Sachs Group Inc. raised shares of Cinemark Holdings from a “neutral” rating to a “buy” rating and set a $46.00 target price for the company in a research note on Monday, October 31st. Loop Capital initiated coverage on shares of Cinemark Holdings in a research note on Tuesday, August 23rd. They set a “buy” rating and a $44.00 target price for the company. Wedbush reissued a “neutral” rating and set a $40.00 target price on shares of Cinemark Holdings in a research note on Thursday, September 22nd. Benchmark Co. reissued a “hold” rating and set a $35.94 target price on shares of Cinemark Holdings in a research note on Wednesday, November 9th. Finally, RBC Capital Markets reissued an “outperform” rating and set a $43.00 target price (up previously from $42.00) on shares of Cinemark Holdings in a research note on Monday, November 14th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $41.62.

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Cinemark Holdings Company Profile

Cinemark Holdings, Inc (Cinemark) is engaged in the motion picture exhibition business with theatres in the United States, Brazil, Mexico, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Curacao and Bolivia. The Company manages its business in two segments: United States markets and international markets.

5 Day Chart for NYSE:CNK

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