Cinemark Holdings Inc (NYSE:CNK) Updates On Dividend Release Date


On 2016-08-18, Cinemark Holdings Inc (NYSE:CNK) confirmed the dividend disbursement of $0.27 a share to shareholders as on record 2016-08-31. The firm will release dividend on 2016-09-13 while ex-dividend date is reported to be 2016-08-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Cinemark Holdings Inc (NYSE:CNK) paid a total of $0.27 per share in dividends. This figure stood at $0.27 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $41.625 on the stock. This figure is the average of recommendations offered by 12 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $47 and $35, respectively.

Taking the mathematical rating formula, the price for Cinemark Holdings Inc (NYSE:CNK) stands at 1.92. Earnings Review Cinemark Holdings Inc (NYSE:CNK) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.52.

Coming to the quarter ending on 2015-12-31, Cinemark Holdings Inc (NYSE:CNK) recorded EPS of $0.46. The reported numbers came lower than the analysts’ estimates of $0.51, demonstrating a miss of $-0.05 as against reported figures.

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