
Cinemark's stock symbol is CNK, and it's listed on the New York Stock Exchange (NYSE).
The company's market capitalization is around $1.3 billion, which is a significant increase from its initial public offering (IPO) in 1994.
Cinemark operates over 6,000 screens in the United States, Latin America, and Europe, making it one of the largest cinema chains in the world.
Cinemark Stock Performance
Cinemark's stock price has reached an all-time high of $40.59 on May 3, 2019.
The company's 52-week high stock price is $36.28, which is 32.2% above the current share price.
Cinemark's stock price has fluctuated over the years, with a 52-week low of $16.32, which is 40.5% below the current share price.
The average Cinemark stock price for the last 52 weeks is $24.93.
Here's a breakdown of Cinemark's historical annual stock price data:
Cinemark's market capitalization is $3.357 billion, and the company operates in the consumer discretionary sector, specifically in the movie/TV production and distribution industry.
Recent Developments
In recent years, Cinemark Holdings, Inc. has undergone significant changes that have impacted its stock performance. The company's stock symbol is CNK.
Cinemark has been expanding its operations, with a focus on premium formats like Cinemark XD and Cinemark Luxury Lounges. This expansion has led to increased revenue and profitability.
As of the latest quarterly report, Cinemark's revenue has been steadily increasing, with a 5% year-over-year growth in the third quarter of 2022. The company's total revenue for the quarter was $1.1 billion.
Cinemark's stock price has also been affected by the COVID-19 pandemic, with a significant decline in 2020 due to theater closures and reduced consumer spending. However, the stock has since recovered and has been trading steadily.
The company has been working to improve its financial performance, with a focus on cost reduction and efficiency initiatives. These efforts have led to a 15% reduction in operating expenses in the third quarter of 2022.
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Cinemark's Recovery
Cinemark is at an inflection point and well-placed for post-pandemic recovery, according to Benchmark analysts. This is due to the company's better-than-expected third-quarter results.
The movie theater chain's Q4 results showed good growth as box office activity is returning from the Covid pandemic and Hollywood strike disruptions. This growth is a positive sign for Cinemark's recovery.
Cinemark reported mixed fourth-quarter results, missing Wall Street forecasts for earnings per share but posting better-than-expected revenue. This mixed result is a post-Covid milestone for the company.
The 2025 box office outlook remains good, which is a promising sign for Cinemark's future growth. This positive outlook can help the company continue its recovery.
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Stock History and Returns
Cinemark stock has had its fair share of ups and downs over the years. The all-time high stock closing price was 40.59 on May 03, 2019, while the current 52-week high stock price is 36.28, which is 32.2% above the current share price.
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The Cinemark Holdings Inc 52-week low stock price is 16.32, which is 40.5% below the current share price. This indicates a significant volatility in the stock price over the past year.
Here's a breakdown of the Cinemark Holdings Inc stock price history for the past 18 years:
Cinemark Holdings Inc Stock Price History (18 Years)
Cinemark Holdings Inc Stock Price History (18 Years) is a long and varied one. The all-time high stock closing price was 40.59 on May 03, 2019.
The Cinemark Holdings Inc 52-week high stock price is 36.28, which is 32.2% above the current share price. The 52-week low stock price is 16.32, which is 40.5% below the current share price.
The average Cinemark Holdings Inc stock price for the last 52 weeks is 24.93. Cinemark Holdings Inc has seen significant changes in its stock price over the years, with the highest annual percentage change being 119.87% in 2024.
Here's a breakdown of the company's historical annual stock price data:
Cinemark Holdings Inc's market cap is $3.357B, and the company operates 408 theatres and 4,657 screens in 38 states in the United States and internationally in 12 countries.
Shareholder Returns
Let's take a closer look at the shareholder returns for CNK. Over the past 7 days, CNK saw a return of -17.0%, which is significantly lower than the US Entertainment industry's return of -3.5% and the US Market's return of -3.0%.
CNK's 1-year return of 68.3% is a notable achievement, especially when compared to the US Entertainment industry's return of 48.4% and the US Market's return of 17.8%.
Here's a comparison of CNK's returns with the US Entertainment industry and the US Market over the past 7 days and 1 year:
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