Benchmark Reiterates Buy Rating on Cinemark Holdings
Benchmark maintains its buy rating for Cinemark Holdings, setting a $37 target price.
Key Points
- Benchmark analyst Mike Hickey reiterated a buy rating for Cinemark Holdings, Inc. (CNK) with a target price of $37.
- Cinemark shares are trading at $33.02, with a market cap of approximately $3.87 billion and a forward P/E of 13.
- Recent insider transactions include sales by several executives, and analysts have mixed ratings with a consensus target near $35.18.
On June 17, 2026, Benchmark analyst Mike Hickey reiterated a buy rating on Cinemark Holdings, Inc. (NYSE: CNK), maintaining a target price of $37. This indicates confidence in the company's performance, as shares currently trade around $33.02.
Cinemark Stock Snapshot
Shares of NYSE:CNK are trading near $33.02. The company has a market cap of approximately $3.87 billion and a P/E ratio of 25.47. Its forward P/E is more attractive at 13.00. With a beta of 1.007, Cinemark's stock shows moderate volatility. The past year has seen the stock range between $21.60 and $34.40, with a 50-day moving average of $29.16 and a 200-day moving average of $26.99.
Recent Earnings
Cinemark reported revenue of about $3.22 billion, reflecting a growth of 18.9%. The company achieved a net margin of 5.31% and a return on equity of 46.65%. Earnings per share stood at $1.30. Investors can look forward to the next earnings report on July 30, 2026.
Dividend
Cinemark offers an annual dividend rate of $0.36 per share, yielding 1.09%. The dividend payout ratio is a modest 26.15%, suggesting room for potential increases.
Insider Buying and Selling at Cinemark Holdings, Inc.
Recent insider transactions include several sales. On June 11, 2026, Fernandes Valmir, President of Cinemark International, sold 30,000 shares at $33.50 each. Chief Marketing & Content Officer Wanda Marie Gierhart sold shares in multiple transactions, including 23,456 shares at $33.00 on June 10, 2026. These sales are not necessarily bearish, as insiders may sell for various personal reasons.
Analysts Set New Price Targets
Benchmark maintained its buy rating on Cinemark with a $37 target on June 17, 2026. Other analysts, like B. Riley Securities and Morgan Stanley, have maintained hold ratings with targets around $36. The consensus target price from 11 analysts is approximately $35.18, with a recommendation key of "buy."
About Cinemark Holdings, Inc.
Cinemark Holdings, Inc. is a major player in the entertainment industry, operating a chain of movie theaters across the United States and Latin America. Founded in 1984 and based in Plano, Texas, the company is led by CEO Sean Gamble and employs around 8,451 people. Cinemark is known for its wide range of cinematic experiences and commitment to providing premier movie entertainment.
Bottom Line
Benchmark's reiteration of a buy rating for Cinemark Holdings reflects continued optimism about the company's prospects. With a solid market position and growth potential, investors will be watching upcoming earnings closely. Remember, analyst ratings like this one are based on past data and projections, not current holdings or future predictions.
See Also
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