About AMC Networks (NASDAQ:AMCX)
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
Industry Television Broadcasting
Sub-IndustryCable & Satellite
SectorCyclical Consumer Goods & Services
Trailing P/E Ratio10.6449704142012
Forward P/E Ratio7.71
Sales & Book Value
Annual Sales$2.76 billion
Price / Sales1.21
Cash Flow$20.21 per share
Price / Cash2.67
Book Value($0.02) per share
Price / Book-2,698.50
Net Income$270.51 million
Return on Equity948.45%
Return on Assets10.28%
AMC Networks (NASDAQ:AMCX) Frequently Asked Questions
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 of Directors has initiated a share buyback program on Thursday, June 8th 2017, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 13.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.
How were AMC Networks' earnings last quarter?
AMC Networks Inc (NASDAQ:AMCX) announced its quarterly earnings data on Thursday, November, 2nd. The company reported $1.68 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.15 by $0.53. The company earned $648 million during the quarter, compared to the consensus estimate of $660.79 million. AMC Networks had a return on equity of 948.45% and a net margin of 12.12%. AMC Networks's quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.11 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 2018?
13 Wall Street analysts have issued 12-month price objectives for AMC Networks' shares. Their predictions range from $53.00 to $72.00. On average, they expect AMC Networks' stock price to reach $61.45 in the next twelve months. View Analyst Ratings for AMC Networks.
What are Wall Street analysts saying about AMC Networks stock?
Here are some recent quotes from research analysts about AMC Networks stock:
- 1. According to Zacks Investment Research, "AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the women's network specially devoted to the relationships during life's defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York. " (1/19/2018)
- 2. Guggenheim analysts commented, "Several press outlets reported that AMC Networks is planning an ad-free online streaming service that will be exclusively available to authenticated pay-TV subscribers. To date, the company has not confirmed the reports, though we consider the product launch to be likely. The service, which according to the press articles is expected to price between $4.99 and $6.99 monthly, would likely provide enhancements to the traditional linear offering including exclusive full in-season ondemand program availability, additional program content beyond what is possible on ad-supported linear TV, and the elimination of commercial interruptions. For comparison, we estimate that AMCX currently earns an average of $0.83 per subscriber per month in its traditional distribution arrangements... We are maintaining our BUY rating and our $70 price target, which is based on 11x our 2017 EPS estimate of $6.25 (up from our prior $6.24). Our target multiple is a 40% discount to the S&P 500 and a 33% discount to large-cap media peers, which reflects our expectation of ongoing concern around the maturity of The Walking Dead franchise. We continue to believe that the market value under-appreciates the company's ability to develop and monetize compelling programming, supporting our BUY rating." (3/28/2017)
- 3. Instinet analysts commented, "AMCX reported 4Q earnings of $1.30, above Street estimates, and we believe the 2017 outlook could reassure investors, particularly given expectations for modest YoY affiliate growth acceleration... We came away from the earnings call encouraged by AMCX's content pipeline, its financial, outlook and its strengthening balance sheet. We increase our 2017 EPS estimates to $5.98 from $5.95, given commentary around ad trends, affiliate trajectory and margins." (2/24/2017)
- 4. Stifel Nicolaus analysts commented, "Following the 4Q16 earnings call, we are upgrading AMC Networks from a Hold to a Buy and establishing a target price of $70. The upgrade comes after better than expected advertising in the quarter despite materially down Walking Dead ratings indicating considerable ad monetization outside of that window and the continued attractiveness of the show in a fragmented market. We raise our estimates and view guidance as conservative. We are Buy rated." (2/24/2017)
Who are some of AMC Networks' key competitors?
Some companies that are related to AMC Networks include Taylor Wimpey (TW), Skechers USA (SKX), Gentex (GNTX), Leggett & Platt (LEG), Under Armour (UA), Barratt Developments (BDEV), Foot Locker (FL), Under Armour (UAA), Dunkin Brands Group (DNKN), Six Flags Entertainment (SIX), ASOS (ASC), Carter's (CRI), Mattel (MAT), Pearson (PSON), Pool (POOL), Columbia Sportswear (COLM), Brunswick (BC) and Marks and Spencer Group (MKS).
Who are AMC Networks' key executives?
AMC Networks' management team includes the folowing people:
- Charles F. Dolan, Executive Chairman of the Board (Age 91)
- Joshua W. Sapan, President, Chief Executive Officer (Age 66)
- Sean S. Sullivan, Chief Financial Officer, Executive Vice President (Age 50)
- Edward A. Carroll, Chief Operating Officer (Age 53)
- Christian B. Wymbs, Executive Vice President, Chief Accounting Officer (Age 47)
- James G. Gallagher, Executive Vice President, General Counsel (Age 58)
- William J. Bell, Director (Age 77)
- James L. Dolan, Director (Age 62)
- Kristin A. Dolan, Director (Age 51)
- Patrick F. Dolan, Director (Age 65)
Who owns AMC Networks stock?
AMC Networks' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include
DOLAN CHARLES F
(11.30%), Schwab Charles Investment Management Inc. (0.60%), Bank of Montreal Can (0.51%), American National Bank (0.06%), Cascade Investment Advisors Inc. (0.04%) and Tealwood Asset Management Inc. (0.02%). Company insiders that own AMC Networks stock include James Gallagher and James Lawrence Dolan. 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 Convergence Investment Partners LLC, Bank of Montreal Can, Tealwood Asset Management Inc., American National Bank, Nisa Investment Advisors LLC, Somerset Trust Co, State of Alaska Department of Revenue and Louisiana State Employees Retirement System. View Insider Buying and Selling for AMC Networks.
Who bought AMC Networks stock? Who is buying AMC Networks stock?
How do I buy AMC Networks stock?
Shares of AMC Networks can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 $53.97.
How big of a company is AMC Networks?
AMC Networks has a market capitalization of $3.31 billion and generates $2.76 billion in revenue each year. The company earns $270.51 million in net income (profit) each year or $5.07 on an earnings per share basis. AMC Networks employs 2,343 workers across the globe.
How can I contact AMC Networks?
AMC Networks' mailing address is 11 Penn Plz, NEW YORK, NY 10001-2006, United States. The company can be reached via phone at +1-212-3248500 or via email at [email protected]
MarketBeat Community Rating for AMC Networks (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.
AMC Networks (NASDAQ:AMCX) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.15||2.15||2.15||2.40|
|Ratings Breakdown: ||1 Sell Rating(s)|
9 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
9 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
9 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
7 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$61.45||$61.60||$60.10||$60.45|
|Price Target Upside: ||13.64% upside||27.76% upside||7.94% upside||11.79% upside|
AMC Networks (NASDAQ:AMCX) Consensus Price Target History
AMC Networks (NASDAQ:AMCX) Analyst Ratings History
(Data available from 1/22/2016 forward)
AMC Networks (NASDAQ:AMCX) Earnings History and Estimates Chart
AMC Networks (NASDAQ AMCX) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017||Q3 2017||$1.15||$1.68||$660.79 million||$648.00 million||View||N/A|
|8/3/2017||Q2 2017||$1.41||$1.88||$715.23 million||$710.55 million||View||Listen|
|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|
AMC Networks (NASDAQ:AMCX) Earnings Estimates
2018 EPS Consensus Estimate: $6.70
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for AMC Networks (NASDAQ:AMCX)
No dividend announcements for this company have been tracked by MarketBeat.com
AMC Networks (NASDAQ AMCX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 17.67%
Institutional Ownership Percentage: 86.72%
AMC Networks (NASDAQ AMCX) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/20/2017||James Gallagher||EVP||Sell||4,000||$58.75||$235,000.00||12,260|| |
|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||810|| |
|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||4,914|| |
|8/16/2013||Edward Carroll||COO||Sell||7,170||$65.01||$466,121.70||16,901|| |
|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|| |
AMC Networks (NASDAQ AMCX) News Headlines
|The Top Seven Reasons You Should Lose All Hope 'The Walking Dead' Will Save That Character|
finance.yahoo.com - January 22 at 3:08 PM
| Analysts Anticipate AMC Networks Inc (AMCX) Will Announce Quarterly Sales of $729.50 Million|
www.americanbankingnews.com - January 21 at 3:44 AM
|AMC Networks Inc (AMCX) Given Consensus Rating of "Hold" by Analysts|
www.americanbankingnews.com - January 20 at 11:46 AM
|AMC Networks to Report Full Year and Fourth Quarter 2017 Results - GlobeNewswire (press release)|
globenewswire.com - January 20 at 7:04 AM
|Zacks Investment Research Downgrades AMC Networks (AMCX) to Sell|
www.americanbankingnews.com - January 19 at 4:38 PM
|New Research Coverage Highlights AMC Networks, Associated Banc-Corp, Internap, Peoples, MidWestOne|
www.nasdaq.com - January 19 at 8:51 AM
|Darabont files new lawsuit against AMC Networks over 'The Walking Dead'|
finance.yahoo.com - January 19 at 8:51 AM
|FY2017 Earnings Forecast for AMC Networks Inc Issued By Jefferies Group (AMCX)|
www.americanbankingnews.com - January 19 at 8:16 AM
|Jon Bernthal Addresses Whether Shane Could Show Up On 'Fear the Walking Dead'|
finance.yahoo.com - January 18 at 3:24 PM
|Jefferies Group Analysts Decrease Earnings Estimates for AMC Networks Inc (AMCX)|
www.americanbankingnews.com - January 18 at 8:14 AM
|5 Top ROE Picks as Equity Markets Begin 2018 With a Bang - Nasdaq|
www.nasdaq.com - January 9 at 7:58 AM
|Fifty Issues Later, 'The Walking Dead' Is Finally Getting Interesting Again|
finance.yahoo.com - January 7 at 3:29 PM
|'Jumanji,' 'Insidious' top 'Star Wars' in its fourth weekend|
marketbeat.com - January 7 at 12:58 PM
|AMC Networks Target of Unusually Large Options Trading (AMCX)|
www.americanbankingnews.com - January 7 at 2:38 AM
|$731.10 Million in Sales Expected for AMC Networks Inc. (AMCX) This Quarter|
www.americanbankingnews.com - January 4 at 2:26 AM
|Start Spreading the News: Same Old Media Problems in 2018|
finance.yahoo.com - January 3 at 3:22 PM
|$1.51 EPS Expected for AMC Networks Inc. (AMCX) This Quarter|
www.americanbankingnews.com - January 2 at 11:34 PM
|AMC Networks (AMCX) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - January 2 at 6:46 PM
|AMC Networks (AMCX) Rating Lowered to Neutral at Macquarie|
www.americanbankingnews.com - January 2 at 10:20 AM
|Macquarie Upgrades AMC Networks (AMCX) to "Outperform"|
www.americanbankingnews.com - January 2 at 8:04 AM
|The Walking Dead's Disastrous Season 8 Problems In One Chart|
finance.yahoo.com - December 30 at 3:23 PM
|AMC Networks (AMCX) Upgraded to B- by TheStreet|
www.americanbankingnews.com - December 30 at 12:24 AM
|AMC Networks Inc. (AMCX) Receives Average Rating of "Hold" from Brokerages|
www.americanbankingnews.com - December 26 at 11:52 AM
|'Star Wars: The Last Jedi' still dominating the movie galaxy|
finance.yahoo.com - December 24 at 3:32 PM
|AMC Networks (AMCX) Upgraded to Sell by BidaskClub|
www.americanbankingnews.com - December 24 at 12:28 PM
|'The Walking Dead' May Very Well Skip The Comic's Whisperers Arc Entirely|
finance.yahoo.com - December 21 at 3:23 PM
| Analysts Anticipate AMC Networks Inc. (AMCX) Will Announce Quarterly Sales of $731.10 Million|
www.americanbankingnews.com - December 19 at 12:16 PM
|The Barron's Bounce: Alaska Air Takes Flight; Winners in Media's New World|
finance.yahoo.com - December 18 at 3:22 PM
|40,000 'The Walking Dead' Fans Have Signed A Petition To Fire Showrunner Scott Gimple|
finance.yahoo.com - December 17 at 3:21 PM
| Brokerages Expect AMC Networks Inc. (AMCX) to Announce $1.51 EPS|
www.americanbankingnews.com - December 17 at 7:46 AM
|Box office top 20: 'Coco' tops charts for third weekend|
marketbeat.com - December 11 at 6:58 PM
|'Coco' tops box office again before 'Star Wars' hits|
finance.yahoo.com - December 10 at 3:24 PM
|Something Weird Is Going On With The Walking Dead's Allegedly 'Shocking' Finale|
finance.yahoo.com - December 9 at 3:24 PM
|AMC Networks, Inc. – Value Analysis (NASDAQ:AMCX) : December 6, 2017|
finance.yahoo.com - December 6 at 3:22 PM
|[$$] AMC Networks: Good Viewers, Good Value|
finance.yahoo.com - December 5 at 7:35 AM
|AMC Networks, Inc. breached its 50 day moving average in a Bullish Manner : AMCX-US : December 5, 2017|
finance.yahoo.com - December 5 at 7:35 AM
|AMC Networks (AMCX) Upgraded at ValuEngine|
www.americanbankingnews.com - December 4 at 11:10 PM
|AMC Networks (AMCX) vs. LIN Media (TVL) Critical Analysis|
www.americanbankingnews.com - December 3 at 4:38 PM
|AMC Networks Inc. (AMCX) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - December 1 at 5:12 PM
|AMC Networks Inc. (AMCX) Expected to Post Earnings of $1.51 Per Share|
www.americanbankingnews.com - November 29 at 1:12 AM
|'The Walking Dead' Will Reveal Its 'Fear the Walking Dead' Crossover Character Tonight|
finance.yahoo.com - November 26 at 3:29 PM
|Examining The Walking Dead's 'Traitor Father Gabriel' Theory|
finance.yahoo.com - November 19 at 3:44 PM
|Head-To-Head Review: AMC Networks (AMCX) versus Its Competitors|
www.americanbankingnews.com - November 17 at 1:24 AM
|AMC Networks Inc. (AMCX) Rating Lowered to C at TheStreet|
www.americanbankingnews.com - November 16 at 9:00 AM
|'The Walking Dead' Just Had Its 'Hold The Door' Moment With Its Latest Death|
finance.yahoo.com - November 14 at 2:40 AM
| Analysts Expect AMC Networks Inc. (AMCX) Will Announce Quarterly Sales of $731.10 Million|
www.americanbankingnews.com - November 12 at 12:00 PM
|Prepare to watch your favorite TV shows and movies for another 50 years|
finance.yahoo.com - November 7 at 5:33 PM
|AMC Networks, Inc. :AMCX-US: Earnings Analysis: Q3, 2017 By the Numbers : November 6, 2017|
finance.yahoo.com - November 6 at 9:59 PM
|AMC Networks Inc. (AMCX) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - November 6 at 1:50 PM
|Analysts Set Expectations for AMC Networks Inc.'s FY2017 Earnings (AMCX)|
www.americanbankingnews.com - November 6 at 8:06 AM
AMC Networks (NASDAQ:AMCX) SEC Filings
This page is loading this company's SEC Filings. Please wait...
AMC Networks (NASDAQ:AMCX) Income Statement, Balance Sheet and Cash Flow Statement
AMC Networks (NASDAQ AMCX) Stock Chart for Monday, January, 22, 2018