NASDAQ:AMCX AMC Networks (AMCX) Stock Forecast, Price & News $10.77 -0.62 (-5.44%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$10.74▼$11.5450-Day Range$10.09▼$13.9252-Week Range$9.96▼$27.46Volume266,836 shsAverage Volume412,880 shsMarket Capitalization$468.60 millionP/E RatioN/ADividend YieldN/APrice Target$14.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability AMC Networks MarketRank™ ForecastAnalyst RatingStrong Sell1.25 Rating ScoreUpside/Downside30.0% Upside$14.00 Price TargetShort InterestHealthy5.42% of Float Sold ShortDividend StrengthN/ASustainability-0.49Upright™ Environmental ScoreNews Sentiment1.22Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-20.77%From $6.79 to $5.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.00 out of 5 starsConsumer Discretionary Sector209th out of 270 stocksCable & Other Pay Television Services Industry14th out of 22 stocks 2.6 Analyst's Opinion Consensus RatingAMC Networks has received a consensus rating of Strong Sell. The company's average rating score is 1.25, and is based on no buy ratings, 1 hold rating, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.00, AMC Networks has a forecasted upside of 30.0% from its current price of $10.77.Amount of Analyst CoverageAMC Networks has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.42% of the float of AMC Networks has been sold short.Short Interest Ratio / Days to CoverAMC Networks has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AMC Networks has recently decreased by 0.61%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldAMC Networks does not currently pay a dividend.Dividend GrowthAMC Networks does not have a long track record of dividend growth. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAMC Networks has received a 13.03% net impact score from Upright. AMC Networks seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Broadcasting of reality television shows", "Movie theater services", and "Movie streaming services" products. See details.Environmental SustainabilityThe Environmental Impact score for AMC Networks is -0.49. Previous Next 2.9 News and Social Media Coverage News SentimentAMC Networks has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for AMC Networks this week, compared to 4 articles on an average week.Search Interest2 people have searched for AMCX on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added AMC Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AMC Networks insiders have not sold or bought any company stock.Percentage Held by Insiders27.06% of the stock of AMC Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.77% of the stock of AMC Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for AMC Networks are expected to decrease by -20.77% in the coming year, from $6.79 to $5.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AMC Networks is -51.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of AMC Networks is -51.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAMC Networks has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AMC Networks (NASDAQ:AMCX) StockAMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences and a platform to distributors and advertisers in the United States and internationally. The company operates through Domestic Operations, and International and Other. The Domestic Operations segment operates various national programming networks, including the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, as well as AMC+ and other streaming initiatives; and engages in film distribution business under the IFC Films name. This segment also produces and licenses original programming for various programming networks, as well as services the national programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name; and production and comedy venues activities under the Levity name. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.Read More AMCX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMCX Stock News HeadlinesSeptember 25, 2023 | msn.com'Better Call Saul' creators beat Liberty Tax's defamation, trademark lawsuitSeptember 25, 2023 | finance.yahoo.comREFILE-'Better Call Saul' creators beat Liberty Tax's defamation, trademark lawsuitSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 13, 2023 | msn.comAMC Networks CEO Kristin Dolan’s 605 Acquired by iSpot.tvSeptember 12, 2023 | msn.comNext TV Summit: AMC Networks Sales EVP Adlman Says Business is Changing, FASTSeptember 8, 2023 | msn.comAMC’s stock plunges toward a record low after prospectus filed for sale of up to 40 million sharesAugust 31, 2023 | yahoo.comAMC Networks Strikes Deal with SAG-AFTRA, THE WALKING DEAD Spinoffs Resume ProductionAugust 31, 2023 | msn.com‘The Walking Dead’ Spinoffs & ‘Interview With A Vampire’ To Resume Production As AMC Networks Strikes Significant Agreements With SAG-AFTRASeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. August 29, 2023 | yahoo.comAMC Networks Series Will Stream for 2 Months on MaxAugust 18, 2023 | msn.comJP Morgan Maintains AMC Networks Inc - (AMCX) Underweight RecommendationAugust 18, 2023 | markets.businessinsider.comAnalyst Expectations for AMC Networks's FutureAugust 11, 2023 | msn.comAMC Networks Bolster Its Film Group with Hires and Promotions Across IFC FilmsAugust 8, 2023 | benzinga.comAMC Networks Stock (NASDAQ:AMCX), Analyst Ratings, Price Targets, PredictionsAugust 4, 2023 | finance.yahoo.comQ2 2023 AMC Networks Inc Earnings CallAugust 4, 2023 | yahoo.comAMC Networks Sheds More Streaming Subscribers in Q2, U.S. Ad Sales Down 17%August 4, 2023 | yahoo.comAMC Networks Second Quarter Profit Falls 16%, Misses Wall Street ForecastsAugust 4, 2023 | msn.comAdvertising Downturn Keeps AMC Networks From Hitting Q2 Revenue TargetAugust 4, 2023 | msn.comAMC Networks U.S. Ad Revenue Drops 17 Percent, Streaming Subs FallAugust 4, 2023 | msn.comShares Of AMC Networks Surge As Q2 Results Show Improved Adjusted EBITDA And Strong Operating Cash FlowAugust 4, 2023 | finance.yahoo.comAMC Networks (AMCX) Q2 Earnings Surpass EstimatesAugust 4, 2023 | finance.yahoo.comAMC Networks (AMCX) Reports Q2 Earnings: What Key Metrics Have to SayAugust 1, 2023 | thestreet.comCBS Swallows AMC Networks, Viacom Unloads Paramount and More 2017 Media PredictionsJuly 17, 2023 | finance.yahoo.comAMC Networks (NASDAQ:AMCX) Could Be Struggling To Allocate CapitalJuly 15, 2023 | thestreet.comAMC Networks Brushes Off Potential $1 Billion Suit from 'Walking Dead' ProducersJuly 11, 2023 | yahoo.comIFC Films’ Scott Shooman Named Head of AMC Networks Film GroupJuly 7, 2023 | seekingalpha.comAMC Networks: Navigating Challenges With Strategic FocusSee More Headlines Receive AMCX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AMC Networks and its competitors with MarketBeat's FREE daily newsletter. Email Address AMCX Company Calendar Last Earnings8/04/2023Today9/27/2023Next Earnings (Estimated)11/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Cable & other pay television services Sub-IndustryCable & Satellite SectorConsumer Discretionary Current SymbolNASDAQ:AMCX CUSIP00164V10 CIK1514991 Webwww.amcnetworks.com Phone(212) 324-8500Fax302-636-5454Employees1,948Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.00 High Stock Price Forecast$22.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+30.0%Consensus RatingStrong Sell Rating Score (0-4)1.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.21) Trailing P/E RatioN/A Forward P/E Ratio1.59 P/E GrowthN/ANet Income$7.59 million Net Margins-0.20% Pretax Margin-2.39% Return on Equity41.42% Return on Assets7.24% Debt Debt-to-Equity Ratio2.26 Current Ratio1.34 Quick Ratio1.34 Sales & Book Value Annual Sales$3.04 billion Price / Sales0.15 Cash Flow$32.64 per share Price / Cash Flow0.33 Book Value$19.85 per share Price / Book0.54Miscellaneous Outstanding Shares43,505,000Free Float31,733,000Market Cap$468.55 million OptionableOptionable Beta1.20 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMs. Kristin Aigner Dolan (Age 57)Chief Exec. Officer Comp: $84kMr. Patrick O'Connell (Age 48)Exec. VP & CFO Comp: $1.56MMr. James G. Gallagher (Age 65)Exec. VP & Gen. Counsel Comp: $2.52MMr. Michael J. Sherin III (Age 53)Exec. VP & Chief Accounting Officer Mr. Nicholas Seibert (Age 33)VP of Corp. Devel. & Investor Relations Ms. Georgia JuvelisExec. VP of Corp. CommunicationsMr. John Hsu (Age 50)Exec. VP of Corp. Devel. & Treasurer Ms. Jennifer Caserta PrioreChief Transformation & People OfficerMr. Ben Davis (Age 42)Exec. VP of Programming - AMC Studios Ms. Arlene Manos (Age 80)Pres Emeritus More ExecutivesKey CompetitorsWideOpenWestNYSE:WOWiHeartMediaNASDAQ:IHRTMarcusNYSE:MCSMarine ProductsNYSE:MPXGoProNASDAQ:GPROView All CompetitorsInsiders & InstitutionsBarclays PLCSold 10,116 shares on 9/21/2023Ownership: 0.036%Virginia Retirement Systems ET ALBought 16,800 shares on 8/22/2023Ownership: 0.039%California State Teachers Retirement SystemSold 2,298 shares on 8/21/2023Ownership: 0.078%Nuveen Asset Management LLCBought 5,087 shares on 8/16/2023Ownership: 0.195%Royal Bank of CanadaSold 4,021 shares on 8/15/2023Ownership: 0.087%View All Insider TransactionsView All Institutional Transactions AMCX Stock - Frequently Asked Questions Should I buy or sell AMC Networks stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AMC Networks in the last twelve months. There are currently 3 sell ratings and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong sell" AMCX shares. View AMCX analyst ratings or view top-rated stocks. What is AMC Networks' stock price forecast for 2023? 4 brokers have issued 1 year price targets for AMC Networks' stock. Their AMCX share price forecasts range from $10.00 to $22.00. On average, they expect the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 30.0% from the stock's current price. View analysts price targets for AMCX or view top-rated stocks among Wall Street analysts. How have AMCX shares performed in 2023? AMC Networks' stock was trading at $15.67 at the start of the year. Since then, AMCX shares have decreased by 31.3% and is now trading at $10.77. View the best growth stocks for 2023 here. When is AMC Networks' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023. View our AMCX earnings forecast. How were AMC Networks' earnings last quarter? AMC Networks Inc. (NASDAQ:AMCX) posted its quarterly earnings data on Friday, August, 4th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.25. The firm had revenue of $678.60 million for the quarter, compared to analyst estimates of $711.57 million. AMC Networks had a negative net margin of 0.20% and a positive trailing twelve-month return on equity of 41.42%. AMC Networks's revenue for the quarter was down 8.0% compared to the same quarter last year. During the same period last year, the business posted $2.06 earnings per share. What ETFs hold AMC Networks' stock? ETFs with the largest weight of AMC Networks (NASDAQ:AMCX) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) and Invesco S&P SmallCap 600 Pure Value ETF (RZV).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS). What guidance has AMC Networks issued on next quarter's earnings? AMC Networks updated its FY 2023 earnings guidance on Friday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.80 billion-$2.80 billion, compared to the consensus revenue estimate of $2.89 billion. What is Matt Blank's approval rating as AMC Networks' CEO? 9 employees have rated AMC Networks Chief Executive Officer Matt Blank on Glassdoor.com. Matt Blank has an approval rating of 85% among the company's employees. 75.0% of employees surveyed would recommend working at AMC Networks to a friend. What other stocks do shareholders of AMC Networks own? Based on aggregate information from My MarketBeat watchlists, some companies that other AMC Networks investors own include AT&T (T), Verizon Communications (VZ), CVS Health (CVS), Netflix (NFLX), Walt Disney (DIS), General Motors (GM), Johnson & Johnson (JNJ), Pfizer (PFE) and Starbucks (SBUX). What is AMC Networks' stock symbol? AMC Networks trades on the NASDAQ under the ticker symbol "AMCX." Who are AMC Networks' major shareholders? AMC Networks' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.04%), LSV Asset Management (3.31%), Dimensional Fund Advisors LP (2.64%), State Street Corp (2.58%), Charles Schwab Investment Management Inc. (2.46%) and Schroder Investment Management Group (2.31%). Insiders that own company stock include Christian B Wymbs, James Gallagher and Joshua W Sapan. View institutional ownership trends. How do I buy shares of AMC Networks? Shares of AMCX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is AMC Networks' stock price today? One share of AMCX stock can currently be purchased for approximately $10.77. How much money does AMC Networks make? AMC Networks (NASDAQ:AMCX) has a market capitalization of $468.55 million and generates $3.04 billion in revenue each year. The company earns $7.59 million in net income (profit) each year or ($0.21) on an earnings per share basis. How many employees does AMC Networks have? The company employs 1,948 workers across the globe. How can I contact AMC Networks? AMC Networks' mailing address is 11 PENN PLAZA, NEW YORK NY, 10001. The official website for the company is www.amcnetworks.com. The company can be reached via phone at (212) 324-8500, via email at ir@amcnetworks.com, or via fax at 302-636-5454. This page (NASDAQ:AMCX) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AMC Networks Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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