<div id="readability-page-1"><p>Cinemark Holdings Inc (NYSE:CNK - Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 12,970,000 shares,  a drop of 44.6% from the August 15th total of 23,420,000 shares. Based on an average daily trading volume, of 4,440,000 shares, the days-to-cover ratio is currently 2.9 days. Approximately 12.6% of the shares of the company are sold short. Approximately 12.6% of the shares of the company are sold short. Based on an average daily trading volume, of 4,440,000 shares, the days-to-cover ratio is currently 2.9 days.</p><h2>Cinemark Stock Up 0.3%</h2><ul><li>Box Office Revival: 3 Movie Theater Stocks Making a Comeback </li></ul><p>Shares of NYSE:CNK opened at $28.26 on Friday. The company has a market capitalization of $3.25 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 2.01 and a beta of 1.85. The company has a debt-to-equity ratio of 4.32, a current ratio of 0.91 and a quick ratio of 0.88. The business has a fifty day moving average price of $27.27 and a two-hundred day moving average price of $28.33. Cinemark has a 1 year low of $23.12 and a 1 year high of $36.28. </p><p>Cinemark (NYSE:CNK - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.15). The firm had revenue of $940.50 million for the quarter, compared to the consensus estimate of $942.14 million. Cinemark had a return on equity of 59.16% and a net margin of 9.13%.The firm's revenue was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.  Analysts forecast that  Cinemark will post 1.93 earnings per share for the current year. </p><h2>Cinemark Dividend Announcement</h2><ul><li>Big Screen Stock Soars on Blockbuster Q2 Earnings</li></ul><p>The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Wednesday, August 27th were issued a $0.08 dividend. The ex-dividend date of this dividend was Wednesday, August 27th. This represents a $0.32 annualized dividend and a dividend yield of 1.1%. Cinemark's dividend payout ratio (DPR) is presently 17.49%. </p><h2>Insider Buying and Selling</h2><p>In related news, EVP Melissa Thomas sold 7,200 shares of the business's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $25.17, for a total value of $181,224.00. Following the completion of the transaction, the executive vice president owned 203,768 shares of the company's stock, valued at $5,128,840.56. The trade was a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this link. 2.10% of the stock is currently owned by company insiders. </p><h2>Institutional Trading of Cinemark</h2><ul><li>AMC Entertainment: Time to Take Step Back Into This Meme Stock?</li></ul><p>Several institutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its holdings in shares of  Cinemark by 118.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 935 shares of the company's stock valued at $28,000 after buying an additional 507 shares in the last quarter.  Elequin Capital LP raised its stake in shares of  Cinemark by 211.6% in the fourth quarter. Elequin Capital LP now owns 997 shares of the company's stock worth $31,000 after purchasing an additional 677 shares during the last quarter.  Elevation Point Wealth Partners LLC purchased a new position in shares of  Cinemark in the second quarter worth $47,000.  Russell Investments Group Ltd. increased its position in  Cinemark by 242.9% during the first quarter. Russell Investments Group Ltd. now owns 3,532 shares of the company's stock valued at $88,000 after acquiring an additional 2,502 shares during the last quarter.  Finally, GAMMA Investing LLC increased its position in  Cinemark by 66.2% during the second quarter. GAMMA Investing LLC now owns 3,474 shares of the company's stock valued at $105,000 after acquiring an additional 1,384 shares during the last quarter. </p><h2>Analysts Set New Price Targets</h2><p>Several analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft began coverage on Cinemark in a report on Thursday, July 10th. They set a &#34;buy&#34; rating and a $36.00 price target on the stock. Wells Fargo &amp; Company  reaffirmed an &#34;overweight&#34; rating and set a $33.00 target price (down from $36.00) on shares of Cinemark in a research report on Monday, August 4th. Benchmark  reaffirmed a &#34;buy&#34; rating and set a $35.00 target price on shares of Cinemark in a research report on Wednesday, July 2nd. Wall Street Zen raised Cinemark from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Sunday, August 10th. Finally, Roth Capital lowered their price target on Cinemark from $36.00 to $34.00 and set a &#34;buy&#34; rating for the company in a research report on Monday, August 4th. Ten investment analysts have rated the stock with a Buy rating, one  has issued  a Hold rating and one  has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $33.67.</p><p><b>Get Our Latest Stock Report on Cinemark</b></p><h2>Cinemark Company Profile</h2> (Get Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Cinemark</li><li>How to Calculate Stock Profit </li><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li><li>Retail Stocks Investing, Explained</li><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li><li>What is the S&amp;P 500 and How It is Distinct from Other Indexes</li><li>Meta's $600B U.S. Investment: Bearish or Bullish for Shares? </li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Cinemark Right Now?</h2><p>Before you consider Cinemark, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cinemark wasn't on the list.</p><p>While Cinemark currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Cinemark Holdings Inc (NYSE:CNK) experienced a significant decrease in short interest in August, dropping 44.6% to 12,970,000 shares. The short-interest ratio is currently 2.9 days, with 12.6% of shares sold short. The stock opened at $28.26, with a market cap of $3.25 billion. Cinemark reported $0.63 EPS for the last quarter, missing estimates, but revenue increased by 28.1% year-over-year. The company declared a quarterly dividend of $0.08, with a yield of 1.1%. Insider trading activity included EVP Melissa Thomas selling 7,200 shares.</p>

Cinemark Holdings Inc (NYSE:CNK) Short Interest Update