AMC Networks Inc. is a holding company, which conducts all of its operations through its subsidiaries. The Company owns and operates entertainment businesses and assets. It operates through two segments: National Networks, and International and Other. National Networks includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada. The International and Other segment includes AMC Networks International (AMCNI), the Company's international programming businesses consisting of a portfolio of channels in Europe, Latin America, the Middle East and parts of Asia and Africa; IFC Films, the Company's independent film distribution business; AMCNI- DMC, the broadcast solutions unit of certain networks of AMCNI and third-party networks, and various developing online content distribution initiatives. National Networks' programming networks include AMC, WE tv, BBC AMERICA and SundanceTV.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Television Broadcasting
- Sub-Industry: Cable & Satellite
- Symbol: NASDAQ:AMCX
- CUSIP: 00164V10
- Web: www.amcnetworks.com
Capitalization:- Market Cap: $4.0948 billion
- Outstanding Shares: 66,593,000
Average Prices:- 50 Day Moving Avg: $55.58
- 200 Day Moving Avg: $56.69
- 52 Week Range: $46.17 - $67.61
P/E:- Trailing P/E Ratio: 15.05
- Foreward P/E Ratio: 8.93
- P/E Growth: 0.91
Sales & Book Value:- Annual Revenue: $2.77 billion
- Price / Sales: 1.49
- Book Value: $0.47 per share
- Price / Book: 131.83
Profitability:- EBIDTA: $845.29 million
- Net Margins: 10.59%
- Return on Equity: 502.40%
- Return on Assets: 8.63%
Debt:- Debt-to-Equity Ratio: 43.16%
- Current Ratio: 1.71%
- Quick Ratio: 1.71%
Misc:- Average Volume: 711,341 shs.
- Beta: 1.03
- Short Ratio: 8.15
Frequently Asked Questions for AMC Networks (NASDAQ:AMCX)
What is AMC Networks' stock symbol?
AMC Networks trades on the NASDAQ under the ticker symbol "AMCX."
How will AMC Networks' stock buyback program work?
AMC Networks declared that its board has authorized a stock buyback program on Thursday, June 8th 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 13.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its shares are undervalued.
How were AMC Networks' earnings last quarter?
AMC Networks Inc. (NASDAQ:AMCX) issued its quarterly earnings data on Thursday, May, 4th. The company reported $2.10 EPS for the quarter, beating the Zacks' consensus estimate of $2.00 by $0.10. The business had revenue of $720.19 million for the quarter, compared to the consensus estimate of $720.15 million. AMC Networks had a net margin of 10.59% and a return on equity of 502.40%. The company's revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.09 earnings per share. View AMC Networks' Earnings History.
When will AMC Networks make its next earnings announcement?
Where is AMC Networks' stock going? Where will AMC Networks' stock price be in 2017?
15 equities research analysts have issued 1-year target prices for AMC Networks' stock. Their forecasts range from $37.00 to $73.00. On average, they expect AMC Networks' stock price to reach $60.45 in the next year. View Analyst Ratings for AMC Networks.
Who are some of AMC Networks' key competitors?
Some companies that are related to AMC Networks include Toro Company (The) (TTC), Live Nation Entertainment (LYV), Mattel (MAT), UbiSoft Entertainment (UBSFY), Leggett & Platt, Incorporated (LEG), Hyatt Hotels Corporation (H), Pearson, PLC (PSO), Gildan Activewear (GIL), Liberty Media Corporation (FWONA), Man Wah Holdings Ltd (MAWHY), China Lodging Group, Limited (HTHT), H&R Block (HRB), Ralph Lauren Corporation (RL), Polaris Industries (PII), SJM Holdings (SJMHF), Dolby Laboratories (DLB), Michael Kors Holdings Limited (KORS) and Brunswick Corporation (BC).
Who are AMC Networks' key executives?
AMC Networks' management team includes the folowing people:
- Charles F. Dolan, Executive Chairman of the Board
- Joshua W. Sapan, President, Chief Executive Officer
- Sean S. Sullivan, Chief Financial Officer, Executive Vice President
- Edward A. Carroll, Chief Operating Officer
- Christian B. Wymbs, Executive Vice President, Chief Accounting Officer
- James G. Gallagher, Executive Vice President, General Counsel
- William J. Bell, Director
- James L. Dolan, Director
- Kristin A. Dolan, Director
- Patrick F. Dolan, Director
Who owns AMC Networks stock?
AMC Networks' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.60%), First Quadrant L P CA (0.33%), Russell Investments Group Ltd. (0.15%), Clear Harbor Asset Management LLC (0.09%), Tealwood Asset Management Inc. (0.07%) and American National Bank (0.05%). Company insiders that own AMC Networks stock include James Gallagher, James Lawrence Dolan and Marianne Dolan Weber. View Institutional Ownership Trends for AMC Networks.
Who sold AMC Networks stock? Who is selling AMC Networks stock?
AMC Networks' stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., First Quadrant L P CA, Rockefeller Financial Services Inc., Fox Run Management L.L.C., Aperio Group LLC, Nisa Investment Advisors LLC, Capital One National Association and State Treasurer State of Michigan. View Insider Buying and Selling for AMC Networks.
Who bought AMC Networks stock? Who is buying AMC Networks stock?
AMC Networks' stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Opera Trading Capital, Clear Harbor Asset Management LLC, James Investment Research Inc., ING Groep NV, Tealwood Asset Management Inc., State of Alaska Department of Revenue and Oakbrook Investments LLC. View Insider Buying and Selling for AMC Networks.
How do I buy AMC Networks stock?
Shares of AMC Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is AMC Networks' stock price today?
One share of AMC Networks stock can currently be purchased for approximately $61.96.
MarketBeat Community Rating for AMC Networks (NASDAQ AMCX)MarketBeat's community ratings are surveys of what our community members think about AMC Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for AMC Networks (NASDAQ:AMCX) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 7 Hold Ratings, 7 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.40) |
| Consensus Price Target: | $60.45 (2.43% downside) |
Analysts' Ratings History for AMC Networks (NASDAQ:AMCX)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/10/2017 | Jefferies Group LLC | Reiterated Rating | Hold | $60.00 | High |  |
| 6/9/2017 | Moffett Nathanson | Reiterated Rating | Sell | | High | |
| 5/8/2017 | Deutsche Bank AG | Lower Price Target | Hold | $65.00 -> $61.00 | Low | |
| 4/10/2017 | Piper Jaffray Companies | Downgrade | Overweight -> Neutral | | Medium | |
| 3/28/2017 | Guggenheim | Reiterated Rating | Buy | $70.00 | Low | |
| 2/27/2017 | Loop Capital | Reiterated Rating | Hold | $56.00 | N/A | |
| 2/24/2017 | Instinet | Boost Price Target | Positive | $63.00 -> $65.00 | N/A | |
| 2/24/2017 | Stifel Nicolaus | Upgrade | Hold -> Buy | $56.00 -> $70.00 | N/A | |
| 1/11/2017 | Albert Fried & Company | Reiterated Rating | Hold | | N/A | |
| 11/4/2016 | Pacific Crest | Reiterated Rating | Hold -> Neutral | | N/A | |
| 10/6/2016 | FBR & Co | Initiated Coverage | Outperform | | N/A | |
| 10/6/2016 | FBN Securities | Reiterated Rating | Outperform | | N/A | |
| 9/22/2016 | Nomura | Lower Price Target | Buy | $70.00 -> $63.00 | N/A | |
| 8/5/2016 | Goldman Sachs Group, Inc. (The) | Lower Price Target | Buy | $84.00 -> $73.00 | N/A | |
| 8/5/2016 | J P Morgan Chase & Co | Lower Price Target | Neutral | $66.00 -> $62.00 | N/A | |
| 6/22/2016 | Morgan Stanley | Downgrade | Overweight -> Equal Weight | $78.00 -> $65.00 | N/A | |
| 6/17/2016 | Sanford C. Bernstein | Reiterated Rating | Market Perform | | N/A | |
| 4/26/2016 | Macquarie | Upgrade | Neutral -> Outperform | $82.00 | N/A | |
| 3/30/2016 | Topeka Capital Markets | Lower Price Target | Hold | $71.00 -> $69.00 | N/A | |
| 3/2/2016 | Cowen and Company | Lower Price Target | Market Perform | $72.00 -> $69.00 | N/A | |
| 9/24/2015 | Evercore ISI | Upgrade | Hold -> Buy | $75.00 -> $90.00 | N/A | |
(Data available from 7/26/2015 forward)
Earnings History for AMC Networks (NASDAQ:AMCX)Earnings History by Quarter for AMC Networks (NASDAQ AMCX)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/2/2017 | | $1.42 | | | | | N/A | |
| 5/4/2017 | Q1 2017 | $2.00 | $2.10 | $720.15 million | $720.19 million | View | Listen | |
| 2/23/2017 | Q416 | $1.26 | $1.30 | $709.83 million | $729.60 million | View | N/A | |
| 11/3/2016 | Q316 | $1.02 | $1.01 | $660.58 million | $634.60 million | View | N/A | |
| 8/4/2016 | Q216 | $1.28 | $1.28 | $676.87 million | $685.00 million | View | Listen | |
| 5/5/2016 | Q116 | $1.79 | $1.99 | $695.47 million | $707.00 million | View | N/A | |
| 2/25/2016 | Q415 | $1.18 | $1.31 | $675.02 million | $678.95 million | View | Listen | |
| 11/5/2015 | Q315 | $0.87 | $1.09 | $604.81 million | $605.05 million | View | N/A | |
| 8/6/2015 | Q215 | $0.97 | $1.23 | $592.97 million | $601.00 million | View | N/A | |
| 5/4/2015 | Q115 | $1.48 | $1.66 | $655.66 million | $668.68 million | View | N/A | |
| 2/26/2015 | Q414 | $1.03 | $1.15 | $602.42 million | $609.44 million | View | N/A | |
| 11/6/2014 | Q314 | $0.75 | $0.74 | $511.06 million | $519.60 million | View | Listen | |
| 8/7/2014 | Q214 | $0.87 | $0.90 | $514.30 million | $522.10 million | View | N/A | |
| 5/8/2014 | Q114 | $1.16 | $1.04 | $507.53 million | $525.00 million | View | Listen | |
| 2/27/2014 | Q4 | $0.77 | $0.49 | $418.90 million | $435.00 million | View | Listen | |
| 11/7/2013 | Q313 | $0.85 | $0.81 | $393.40 million | $395.30 million | View | N/A | |
| 8/8/2013 | Q2 2013 | $0.78 | $1.87 | $368.08 million | $379.30 million | View | N/A | |
| 5/9/2013 | Q1 2013 | $0.80 | $0.85 | $365.98 million | $382.00 million | View | N/A | |
| 2/26/2013 | Q4 2012 | $0.63 | $0.21 | $370.03 million | $367.70 million | View | N/A | |
| 11/8/2012 | Q312 | $0.36 | $0.51 | $292.08 million | $332.10 million | View | N/A | |
| 8/9/2012 | | $0.58 | $0.59 | | | View | N/A | |
| 5/10/2012 | | $0.45 | $0.60 | | | View | N/A | |
| 11/10/2011 | | $0.47 | $0.55 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for AMC Networks (NASDAQ:AMCX)2017 EPS Consensus Estimate: $6.28
2018 EPS Consensus Estimate: $7.17
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $2.05 | $2.11 | $2.08 |
| Q2 2017 | 3 | $1.39 | $1.47 | $1.44 |
| Q3 2017 | 3 | $1.12 | $1.41 | $1.28 |
| Q4 2017 | 3 | $1.14 | $1.68 | $1.48 |
| Q1 2018 | 1 | $2.34 | $2.34 | $2.34 |
| Q2 2018 | 1 | $1.70 | $1.70 | $1.70 |
| Q3 2018 | 1 | $1.31 | $1.31 | $1.31 |
| Q4 2018 | 1 | $1.82 | $1.82 | $1.82 |
| Q1 2019 | 1 | $2.33 | $2.33 | $2.33 |
(Data provided by Zacks Investment Research)
Dividend History for AMC Networks (NASDAQ:AMCX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for AMC Networks (NASDAQ:AMCX)Insider Ownership Percentage: 17.67%
Institutional Ownership Percentage: 82.17%
Insider Trades by Quarter for AMC Networks (NASDAQ:AMCX)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/20/2017 | James Gallagher | EVP | Sell | 4,000 | $58.75 | $235,000.00 | |
| 3/8/2016 | James Lawrence Dolan | Insider | Sell | 65,000 | $66.89 | $4,347,850.00 | |
| 11/11/2015 | Marianne Dolan Weber | insider | Sell | 1,000 | $78.28 | $78,280.00 | |
| 5/22/2015 | James Gallagher | EVP | Sell | 1,000 | $77.49 | $77,490.00 | |
| 5/6/2015 | Edward A Carroll | COO | Sell | 8,250 | $79.20 | $653,400.00 | |
| 3/26/2015 | Brian Sweeney | Director | Sell | 1,875 | $73.59 | $137,981.25 | |
| 3/17/2015 | John P Giraldo | CAO | Sell | 3,976 | $72.18 | $286,987.68 | |
| 5/28/2014 | Patrick Francis Dolan | Insider | Sell | 2,886 | $61.55 | $177,633.30 | |
| 3/11/2014 | James Gallagher | EVP | Sell | 3,000 | $76.46 | $229,380.00 | |
| 8/16/2013 | Edward Carroll | COO | Sell | 7,170 | $65.01 | $466,121.70 | |
| 8/14/2013 | William Bell | Director | Sell | 5,000 | $67.38 | $336,900.00 | |
| 6/17/2013 | Patrick Francis Dolan | Insider | Sell | 300,000 | $62.50 | $18,750,000.00 | |
| 5/29/2013 | Joshua W Sapan | CEO | Sell | 93,950 | $66.95 | $6,289,952.50 | |
| 10/2/2012 | Luxor Capital Group, Lp | Major Shareholder | Sell | 875,000 | $42.75 | $37,406,250.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for AMC Networks (NASDAQ:AMCX)
Latest Headlines for AMC Networks (NASDAQ:AMCX)
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AMC Networks (AMCX) Chart for Wednesday, July, 26, 2017
