AMC Networks - AMCX Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AMC Networks in the last twelve months. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AMCX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMCX, but not buy additional shares or sell existing shares.
View AMCX analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued twelve-month price targets for AMC Networks' stock. Their AMCX share price forecasts range from $27.00 to $42.00. On average, they anticipate the company's share price to reach $33.38 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price.
View analysts price targets for AMCX or view top-rated stocks among Wall Street analysts.

AMC Networks' stock was trading at $34.44 at the beginning of the year. Since then, AMCX stock has decreased by 16.7% and is now trading at $28.70.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our AMCX earnings forecast.

AMC Networks Inc. (NASDAQ:AMCX) posted its quarterly earnings data on Friday, August, 5th. The company reported $2.06 earnings per share for the quarter, beating analysts' consensus estimates of $1.98 by $0.08. The firm had revenue of $738 million for the quarter, compared to the consensus estimate of $777.93 million. AMC Networks had a net margin of 10.29% and a trailing twelve-month return on equity of 36.11%. The company's quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.45 EPS.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other AMC Networks investors own include AT&T (T), TransEnterix (TRXC), Verizon Communications (VZ), CVS Health (CVS), Netflix (NFLX), Walt Disney (DIS), General Motors (GM), Johnson & Johnson (JNJ), Pfizer (PFE) and Starbucks (SBUX).

AMC Networks trades on the NASDAQ under the ticker symbol "AMCX."

AMC Networks' stock is owned by a number of retail and institutional investors. Top institutional investors include Clearbridge Investments LLC (8.00%), State Street Corp (2.61%), Contrarius Investment Management Ltd (1.63%), Goldman Sachs Group Inc. (1.43%), JPMorgan Chase & Co. (1.29%) and FMR LLC (1.23%). Insiders that own company stock include Christian B Wymbs, James Gallagher and Joshua W Sapan.
View institutional ownership trends.

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.

One share of AMCX stock can currently be purchased for approximately $28.70.

AMC Networks (NASDAQ:AMCX) has a market capitalization of $1.22 billion and generates $3.08 billion in revenue each year. The company earns $250.60 million in net income (profit) each year or $7.23 on an earnings per share basis.

The company employs 2,026 workers across the globe.

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.