Imax Corporation Company Profile (NYSE:IMAX)

About Imax Corporation

Imax Corporation logoImax Corp is a Canada-based entertainment technology company. The Company operates through the following segments: the IMAX systems, the theater system maintenance, the joint revenue sharing arrangements, film production and IMAX DMR, film distribution, film post-production and other. The IMAX systems segment designs, manufactures, sells or leases IMAX theater projection system equipment. The theater system maintenance segment maintains IMAX theater projection system equipment in the IMAX theater network. The joint revenue sharing arrangements segment provides IMAX theater projection system equipment to exhibitors. The film production and IMAX DMR segment produces films and performs film re-mastering services. The film distribution segment distributes films. The film post-production segment provides film post-production and film print services. The other segment includes certain IMAX theaters that the Company owns and operates, camera rentals and other miscellaneous items.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Entertainment - Diversified
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: IMAX
  • CUSIP:
Key Metrics:
  • Previous Close: $31.15
  • 50 Day Moving Average: $32.21
  • 200 Day Moving Average: $31.19
  • 52-Week Range: $26.48 - $35.30
  • Trailing P/E Ratio: 77.98
  • Foreward P/E Ratio: 23.06
  • P/E Growth: 1.59
  • Market Cap: $2.17B
  • Outstanding Shares: 66,813,000
  • Beta: 1.16
Profitability:
  • Net Margins: 10.86%
  • Return on Equity: 5.99%
  • Return on Assets: 4.36%
Debt:
  • Current Ratio: 2.17%
  • Quick Ratio: 1.95%
Additional Links:
Companies Related to Imax Corporation:

Analyst Ratings

Consensus Ratings for Imax Corporation (NYSE:IMAX) (?)
Ratings Breakdown: 1 Hold Rating, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.91)
Consensus Price Target: $40.73 (24.38% upside)

Analysts' Ratings History for Imax Corporation (NYSE:IMAX)
Show:
DateFirmActionRatingPrice TargetDetails
2/26/2017Barrington ResearchReiterated RatingOutperform$40.00View Rating Details
2/25/2017B. RileyReiterated RatingBuy$46.00View Rating Details
2/24/2017WedbushReiterated RatingOutperform$41.50View Rating Details
2/18/2017Canaccord GenuitySet Price TargetBuy$39.00View Rating Details
1/31/2017Credit Suisse GroupDowngradeOutperform -> Neutral$34.00View Rating Details
1/18/2017MKM PartnersReiterated RatingBuy$40.00View Rating Details
12/20/2016Stifel NicolausReiterated RatingBuy$40.00View Rating Details
10/17/2016Roth CapitalSet Price TargetBuy$38.00View Rating Details
9/14/2016MacquarieLower Price TargetOutperform$42.00 -> $41.00View Rating Details
7/24/2016Piper Jaffray CompaniesReiterated RatingOverweight$40.00 -> $45.00View Rating Details
6/22/2016Benchmark Co.Reiterated RatingBuyView Rating Details
2/21/2016Rosenblatt SecuritiesReiterated RatingBuy$47.00View Rating Details
2/16/2016Dougherty & CoLower Price TargetBuy$50.00 -> $40.00View Rating Details
2/9/2016J P Morgan Chase & CoLower Price TargetNeutral$37.00 -> $30.00View Rating Details
11/20/2015Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$39.00View Rating Details
6/29/2015Evercore ISILower Price Target$17.00 -> $16.50View Rating Details
6/25/2015Royal Bank of CanadaReiterated RatingBuy$42.00 -> $47.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Imax Corporation (NYSE:IMAX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/19/2017        
2/23/2017Q416$0.21$0.22$103.36 million$106.91 millionViewListenView Earnings Details
10/20/2016Q316$0.08$0.12$77.09 million$86.60 millionViewListenView Earnings Details
7/20/2016Q216$0.17$0.18$91.30 million$91.70 millionViewListenView Earnings Details
4/21/2016Q116$0.15$0.22$83.76 million$92.10 millionViewListenView Earnings Details
2/24/2016Q415$0.43$0.39$116.51 million$119.30 millionViewListenView Earnings Details
10/28/2015Q315$0.17$0.17$79.49 million$85.10 millionViewListenView Earnings Details
7/23/2015Q215$0.39$0.40$96.59 million$107.20 millionViewListenView Earnings Details
4/30/2015Q115$0.05$0.07$54.10 million$62.20 millionViewListenView Earnings Details
2/19/2015Q414$0.31$0.34$96.42 million$102.40 millionViewListenView Earnings Details
10/23/2014Q314$0.12$0.11$63.20 million$60.70 millionViewListenView Earnings Details
7/24/2014Q214$0.27$0.25$81.10 million$79.15 millionViewN/AView Earnings Details
4/24/2014Q114$0.07$0.05$50.75 million$48.20 millionViewN/AView Earnings Details
2/20/2014Q413$0.33$0.44$92.90 million$105.06 millionViewN/AView Earnings Details
10/24/2013Q313$0.06$0.06$52.60 million$51.70 millionViewN/AView Earnings Details
7/25/2013Q213$0.27$0.22$77.34 million$82.30 millionViewN/AView Earnings Details
4/25/2013Q113$0.09$0.08$54.15 million$49.90 millionViewN/AView Earnings Details
2/21/2013Q412$0.16$0.23$74.00 million$77.80 millionViewN/AView Earnings Details
10/25/2012$0.21$0.26ViewN/AView Earnings Details
7/26/2012$0.21$0.21ViewN/AView Earnings Details
4/27/2012$0.08$0.06ViewN/AView Earnings Details
2/23/2012$0.13$0.14ViewN/AView Earnings Details
10/27/2011$0.17$0.16ViewN/AView Earnings Details
7/28/2011$0.19$0.07ViewN/AView Earnings Details
4/28/2011$0.11$0.04ViewN/AView Earnings Details
2/24/2011$0.21$0.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Imax Corporation (NYSE:IMAX)
Current Year EPS Consensus Estimate: $1.17 EPS
Next Year EPS Consensus Estimate: $1.42 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.08$0.08$0.08
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Imax Corporation (NYSE:IMAX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Imax Corporation (NYSE:IMAX)
Insider Ownership Percentage: 5.80%
Institutional Ownership Percentage: 83.42%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/10/2017Greg FosterCEO of IMAX Entertainment & EVP of IMAXSell75,000$32.26$2,419,500.00View SEC Filing  
12/12/2016Jeffrey VanceSVPSell469$31.90$14,961.10View SEC Filing  
12/12/2016Richard L GelfondCEOSell33,419$31.90$1,066,066.10View SEC Filing  
12/12/2016Robert D ListerInsiderSell3,343$31.90$106,641.70View SEC Filing  
12/2/2016Jeffrey VanceSVPSell542$31.02$16,812.84View SEC Filing  
12/2/2016Mark WeltonInsiderSell3,015$31.02$93,525.30View SEC Filing  
10/21/2016Andrew CrippsInsiderSell100,000$31.47$3,147,000.00View SEC Filing  
9/2/2016Richard L GelfondCEOSell7,741$30.83$238,655.03View SEC Filing  
6/8/2016Michael MacmillanDirectorSell2,194$30.64$67,224.16View SEC Filing  
6/2/2016Andrew CrippsEVPSell31,175$33.50$1,044,362.50View SEC Filing  
5/25/2016David W LeebronDirectorSell12,615$32.49$409,861.35View SEC Filing  
5/2/2016Richard L GelfondCEOSell7,741$32.14$248,795.74View SEC Filing  
4/1/2016Robert D ListerInsiderSell14,035$30.75$431,576.25View SEC Filing  
3/8/2016Andrew CrippsEVPSell947$31.29$29,631.63View SEC Filing  
3/8/2016Eileen CampbellCMOSell1,865$31.29$58,355.85View SEC Filing  
3/8/2016Greg FosterCEOSell8,909$31.29$278,762.61View SEC Filing  
3/8/2016Jeffrey VanceSVPSell1,208$31.29$37,798.32View SEC Filing  
3/8/2016Joseph SparacioCFOSell5,891$31.29$184,329.39View SEC Filing  
3/8/2016Mark WeltonInsiderSell5,039$31.29$157,670.31View SEC Filing  
3/1/2016Robert D ListerInsiderSell11,750$30.12$353,910.00View SEC Filing  
2/1/2016Robert D. ListerinsiderSell11,750$30.80$361,900.00View SEC Filing  
1/4/2016Robert D. ListerinsiderSell11,750$34.05$400,087.50View SEC Filing  
12/17/2015Mark WeltoninsiderSell15,000$39.08$586,200.00View SEC Filing  
12/16/2015Richard L. GelfondCEOSell100,000$38.79$3,879,000.00View SEC Filing  
12/15/2015Richard L. GelfondCEOSell33,333$39.03$1,300,986.99View SEC Filing  
12/1/2015Robert D. ListerinsiderSell11,750$38.18$448,615.00View SEC Filing  
11/12/2015G Mary RubyinsiderSell17,023$39.52$672,748.96View SEC Filing  
11/2/2015Jeff VanceSVPSell21,750$38.50$837,375.00View SEC Filing  
11/2/2015Mark WeltoninsiderSell25,000$38.55$963,750.00View SEC Filing  
10/1/2015Robert D. ListerinsiderSell11,750$32.77$385,047.50View SEC Filing  
9/2/2015Richard L. GelfondCEOSell8,382$30.35$254,393.70View SEC Filing  
9/1/2015Robert D. ListerinsiderSell11,750$30.35$356,612.50View SEC Filing  
6/12/2015G Mary RubyInsiderSell7,000$41.75$292,250.00View SEC Filing  
6/11/2015Eric A DemirianDirectorSell1,536$41.19$63,267.84View SEC Filing  
6/8/2015Greg FosterCEOSell50,000$41.10$2,055,000.00View SEC Filing  
5/4/2015Richard L GelfondCEOSell8,370$37.87$316,971.90View SEC Filing  
4/22/2015Richard L GelfondCEOSell16,672$37.51$625,366.72View SEC Filing  
4/20/2015Richard L GelfondCEOSell34,606$36.36$1,258,274.16View SEC Filing  
4/2/2015Greg FosterCEOSell50,000$34.13$1,706,500.00View SEC Filing  
3/24/2015Greg FosterCEOSell100,000$34.22$3,422,000.00View SEC Filing  
3/23/2015Greg FosterCEOSell53,400$34.38$1,835,892.00View SEC Filing  
3/9/2015Brian BonnickCTOSell3,052$33.85$103,310.20View SEC Filing  
3/9/2015Carrie Lindzon-JacobsVPSell3,237$33.85$109,572.45View SEC Filing  
3/9/2015Greg FosterCEOSell4,508$33.85$152,595.80View SEC Filing  
3/9/2015Joseph SparacioCFOSell3,432$33.85$116,173.20View SEC Filing  
3/9/2015Mark WeltonInsiderSell4,012$33.85$135,806.20View SEC Filing  
2/19/2015Richard L GelfondCEOSell65,394$35.03$2,290,751.82View SEC Filing  
11/26/2014Andrew CrippsEVPSell25,000$31.13$778,250.00View SEC Filing  
11/20/2014Richard L GelfondCEOSell250,000$30.25$7,562,500.00View SEC Filing  
11/10/2014Bradley J WechslerDirectorSell62,888$29.13$1,831,927.44View SEC Filing  
10/24/2014Mark WeltonInsiderSell35,000$28.86$1,010,100.00View SEC Filing  
8/6/2014Brian BonnickCTOSell32,500$26.75$869,375.00View SEC Filing  
7/25/2014Robert D ListerInsiderSell21,000$26.27$551,670.00View SEC Filing  
6/19/2014Richard L GelfondCEOSell53,875$28.00$1,508,500.00View SEC Filing  
6/6/2014Garth Malcolm GirvanDirectorSell2,268$25.95$58,854.60View SEC Filing  
5/21/2014Richard GelfondCEOSell100,000$25.11$2,511,000.00View SEC Filing  
5/2/2014Richard GelfondCEOSell7,396$26.03$192,517.88View SEC Filing  
5/1/2014Jeff VanceSVPSell2,625$25.82$67,777.50View SEC Filing  
4/3/2014Bradley WechslerDirectorSell216,000$27.87$6,019,920.00View SEC Filing  
3/13/2014Carrie Lindzon-JacobsVPSell1,164$27.65$32,184.60View SEC Filing  
3/13/2014Mark WeltonInsiderSell1,745$27.65$48,249.25View SEC Filing  
9/6/2013G Mary RubyInsiderSell8,500$28.20$239,700.00View SEC Filing  
8/21/2013Richard GelfondCEOSell50,000$26.66$1,333,000.00View SEC Filing  
8/14/2013Edward MacneilSVPSell7,750$27.33$211,807.50View SEC Filing  
8/14/2013Larry OreillyVPSell57,750$27.13$1,566,757.50View SEC Filing  
8/8/2013Bradley WechslerDirectorSell100,000$26.85$2,685,000.00View SEC Filing  
8/1/2013Brian BonnickCTOSell48,500$25.70$1,246,450.00View SEC Filing  
7/19/2013Richard L GelfondCEOSell50,000$25.36$1,268,000.00View SEC Filing  
6/20/2013Richard L GelfondCEOSell100,000$25.12$2,512,000.00View SEC Filing  
5/30/2013Richard L GelfondCEOSell100,000$27.30$2,730,000.00View SEC Filing  
5/9/2013Edward MacneilSVPSell5,000$27.70$138,500.00View SEC Filing  
2/22/2013Edward MacneilSVPSell6,000$26.00$156,000.00View SEC Filing  
2/22/2013Greg FosterChairmanSell18,398$25.83$475,220.34View SEC Filing  
2/22/2013Mark WeltonInsiderSell30,000$25.83$774,900.00View SEC Filing  
8/15/2012Kevin DouglasInsiderBuy300,000$20.94$6,282,000.00View SEC Filing  
8/8/2012Kevin DouglasInsiderBuy300,000$21.79$6,537,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Imax Corporation (NYSE:IMAX)
DateHeadline
fool.com logoWhat Google and IMAX Are Cooking Up in Virtual Reality - Motley Fool (NYSE:IMAX)
www.fool.com - February 25 at 8:20 AM
marketexclusive.com logoAnalyst Activity – B. Riley Reiterates Buy on Imax Corporation (NYSE:IMAX) - Market Exclusive (NYSE:IMAX)
marketexclusive.com - February 25 at 8:20 AM
fool.com logoWhat Google and IMAX Are Cooking Up in Virtual Reality (NYSE:IMAX)
www.fool.com - February 25 at 8:20 AM
investopedia.com logoIMAX Has No Growth In 2016 (IMAX) (NYSE:IMAX)
www.investopedia.com - February 25 at 12:13 AM
seekingalpha.com logoIMAX Corporation 2016 Q4 - Results - Earnings Call Slides (NYSE:IMAX)
seekingalpha.com - February 25 at 12:13 AM
News IconIMAX's Mediocre Results Belie Blockbuster Opportunities (NYSE:IMAX)
billingsgazette.com - February 24 at 7:11 PM
finance.yahoo.com logoStock Market News for February 24, 2017 (NYSE:IMAX)
finance.yahoo.com - February 24 at 7:11 PM
investopedia.com logoExpectations for IMAX in 2017 Seem High (NYSE:IMAX)
www.investopedia.com - February 24 at 7:11 PM
reuters.com logoIMAX China profits tumble amid box-office slump (NYSE:IMAX)
in.reuters.com - February 24 at 10:10 AM
4-traders.com logoIMAX USA : tops Street 4Q forecasts (NYSE:IMAX)
www.4-traders.com - February 24 at 10:10 AM
us.rd.yahoo.com logo4:09 pm IMAX beats by $0.01, beats on revs; provides FY17 installation guidance (NYSE:IMAX)
us.rd.yahoo.com - February 24 at 10:10 AM
finance.yahoo.com logoEdited Transcript of IMAX earnings conference call or presentation 23-Feb-17 9:30pm GMT (NYSE:IMAX)
finance.yahoo.com - February 24 at 10:10 AM
finance.yahoo.com logoIMAX Corp. (IMAX) Beats Q4 Earnings and Revenue Estimates (NYSE:IMAX)
finance.yahoo.com - February 24 at 10:10 AM
News IconStock Buzz on Imax Corporation (NYSE:IMAX): Can They Meet the Earnings Target of $0.12 - Winfield Review (NYSE:IMAX)
winfieldreview.com - February 23 at 11:01 PM
prnewswire.com logoIMAX® And Disney Extend Blockbuster Slate Deal Through 2019 - PR Newswire (press release) (NYSE:IMAX)
www.prnewswire.com - February 23 at 11:01 PM
prnewswire.com logoIMAX China Reports Full-Year 2016 Results - PR Newswire - PR Newswire (press release) (NYSE:IMAX)
www.prnewswire.com - February 23 at 11:01 PM
finance.yahoo.com logoIMAX China Reports Full-Year 2016 Results (NYSE:IMAX)
finance.yahoo.com - February 23 at 11:01 PM
fool.com logoIMAX Stays Optimistic Despite Falling Sales, Earnings (NYSE:IMAX)
www.fool.com - February 23 at 11:01 PM
investopedia.com logoIMAX: A Growth Stock With No Growth? (NYSE:IMAX)
www.investopedia.com - February 23 at 11:01 PM
News IconImax Posts Lower Fourth-Quarter Earnings, Revenue on 'Rogue One' Box Office (NYSE:IMAX)
www.hollywoodreporter.com - February 23 at 5:55 PM
biz.yahoo.com logoQ4 2016 IMAX Corp Earnings Release - After Market Close (NYSE:IMAX)
us.rd.yahoo.com - February 23 at 5:55 PM
biz.yahoo.com logoIMAX CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:IMAX)
us.rd.yahoo.com - February 23 at 5:55 PM
us.rd.yahoo.com logoIMAX Corporation Reports Fourth-Quarter And Full-Year 2016 Results (NYSE:IMAX)
us.rd.yahoo.com - February 23 at 5:55 PM
biz.yahoo.com logoImax Corp Earnings Call scheduled for 4:30 pm ET today (NYSE:IMAX)
us.rd.yahoo.com - February 23 at 5:55 PM
sg.finance.yahoo.com logoImax tops Street 4Q forecasts (NYSE:IMAX)
sg.finance.yahoo.com - February 23 at 5:55 PM
News Icon‘Star Wars: The Last Jedi’: Key Scenes Shot in IMAX for Maximum Feels (NYSE:IMAX)
collider.com - February 22 at 11:07 PM
News IconStar Wars: The Last Jedi Luke Skywalker Scenes Were Shot in IMAX (NYSE:IMAX)
movieweb.com - February 22 at 6:07 PM
investopedia.com logoIMAX Reports Results Tomorrow (NYSE:IMAX)
www.investopedia.com - February 22 at 6:06 PM
News IconIs IMAX VR the Ultimate VR Experience? (NYSE:IMAX)
vrworld.com - February 22 at 12:40 PM
News IconDisney Renews Film Slate Deal With Imax Through 2019 (NYSE:IMAX)
www.hollywoodreporter.com - February 22 at 12:40 PM
News Icon‘Star Wars: The Last Jedi’ IMAX Scenes Confirmed in Disney’s New Giant Screen Deal (NYSE:IMAX)
www.slashfilm.com - February 22 at 12:40 PM
News IconStar Wars: The Last Jedi Scenes Shot in IMAX, Plus More Disney IMAX Releases (NYSE:IMAX)
www.comingsoon.net - February 22 at 12:40 PM
News IconDisney & IMAX extend their deal to cover The Last Jedi, Indiana Jones, Han Solo and more (NYSE:IMAX)
www.liveforfilm.com - February 22 at 12:40 PM
News IconIMAX & Disney Team Up Through 2019 (NYSE:IMAX)
www.darkhorizons.com - February 22 at 12:40 PM
finance.yahoo.com logoWhy Earnings Season Could Be Great for Imax (IMAX) (NYSE:IMAX)
finance.yahoo.com - February 22 at 12:40 PM
finance.yahoo.com logoIMAX® And Disney Extend Blockbuster Slate Deal Through 2019 (NYSE:IMAX)
finance.yahoo.com - February 22 at 12:40 PM
News IconThe Way Wall Street Experts See IMAX Corporation (IMAX) - Post Analyst (NYSE:IMAX)
postanalyst.com - February 18 at 10:57 AM
prnewswire.com logoIMAX Corporation To Present At Morgan Stanley Technology, Media & Telecom Conference - PR Newswire (press release) (NYSE:IMAX)
www.prnewswire.com - February 18 at 10:57 AM
News IconHold tight – IMAX has opened a flagship virtual reality center in Los Angeles (NYSE:IMAX)
www.lonelyplanet.com - February 17 at 5:31 PM
investopedia.com logoIMAX Losing Ground in Heavy Volume (NYSE:IMAX)
www.investopedia.com - February 17 at 5:31 PM
finance.yahoo.com logoIMAX Corporation To Present At Morgan Stanley Technology, Media & Telecom Conference (NYSE:IMAX)
finance.yahoo.com - February 17 at 5:31 PM
News IconVirtual reality is allowing you to become characters in your favourite films (NYSE:IMAX)
hero-magazine.com - February 16 at 9:47 PM
News IconIMAX continues VR expansion, partners with HTC Vive and more (NYSE:IMAX)
www.gamesindustry.biz - February 16 at 4:45 PM
latimes.com logoVirtual reality industry 'in need of a jump-start,' Imax CEO says at new VR center (NYSE:IMAX)
www.latimes.com - February 16 at 4:45 PM
investopedia.com logoAnother Analyst Positive on IMAX Ahead of Results (NYSE:IMAX)
www.investopedia.com - February 16 at 4:45 PM
News IconThird IMAX Theatre Opens in Kazakhstan - Astana Times (NYSE:IMAX)
astanatimes.com - February 16 at 8:12 AM
streetinsider.com logoB. Riley Reiterates Buy on IMAX Corp. (IMAX) Ahead of 4Q Release - StreetInsider.com (NYSE:IMAX)
www.streetinsider.com - February 15 at 9:02 PM
bizjournals.com logoImax unveils virtual reality plans at flagship L.A. VR Centre (PHOTOS) (NYSE:IMAX)
www.bizjournals.com - February 15 at 9:02 PM
News IconAre Analysts Optimistic About Where Imax Corporation (NYSE:IMAX) is Heading? - Winfield Review (NYSE:IMAX)
winfieldreview.com - February 15 at 5:20 AM
News IconIMAX Launches High-Tech Centers That Make Trying VR a Movie-Like Experience (NYSE:IMAX)
uploadvr.com - February 14 at 7:15 PM

Social

What is Imax Corporation's stock symbol?

Imax Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "IMAX."

Where is Imax Corporation's stock going? Where will Imax Corporation's stock price be in 2017?

11 brokerages have issued twelve-month price targets for Imax Corporation's stock. Their forecasts range from $34.00 to $46.00. On average, they anticipate Imax Corporation's share price to reach $40.73 in the next year.

When will Imax Corporation announce their earnings?

Imax Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.

What are analysts saying about Imax Corporation stock?

Here are some recent quotes from research analysts about Imax Corporation stock:

  • B. Riley analysts commented, "IMAX Corporation (IMAX) is scheduled to report Q4 results on Thursday, 2/23, after the close with a call at 4:30pm ET. With IMAX global box office coming in above our modeled projection, we calculate as much as $0.04-0.05 of upside to our $0.17 estimate and a result closer to consensus. However, as 2016 has already been generally accepted as a disappointing year for IMAX, we believe the focus will be more on any outlook for improving core cinema trends in 2017 along with initial expectations for new initiative spending (allowing analysts to separate any launch costs from improving core cinema EBITDA). We believe IMAX's lagging stock performance in the current box office up-cycle provides an attractive entry point as the growing system base and associated network effect are projected to drive 50%+ core cinema EBITDA growth in 2017. We are reiterating our Buy rating and unchanged price target of $46.00." (2/15/2017)
  • Wedbush analysts commented, "IMAX should grow revenue and earnings in 2017 and beyond as it (1) expands internationally beyond China, (2) obtains exclusive release windows, allowing it to capture a disproportionately large percentage of box office revenues, (3) grows its film slate, particularly internationally with local language films in China, Japan, Korea, and India, and (4) expands its new content offerings, possibly including virtual reality in addition to TV pilots." (2/14/2017)
  • According to Zacks Investment Research, "Shares of IMAX have underperformed the broader industry in the last one year, primarily due to disappointing box office revenues and adverse foreign currency movements. Nonetheless, we are impressed with the company's focus on expanding its operations. The expansion of its deal with Regal Entertainment Group to include more theatres is encouraging. Additionally, the company's focus on the Chinese movie market is highly encouraging. The deal inked with Shanghai Film Corporation in December and Wanda Cinema Line in Aug 2016 is expected to boost revenues. Also, with Star War's Rouge One beating box office estimates, the company could see better results in the fourth quarter. IMAX is expected to reveal its fourth quarter results on Feb 22." (1/19/2017)

Who owns Imax Corporation stock?

Imax Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (5.60%), William Blair Investment Management LLC (4.03%), Frontier Capital Management Co. LLC (3.41%), Clough Capital Partners L P (1.61%), Fiera Capital Corp (1.57%) and State Street Corp (1.53%). Company insiders that own Imax Corporation stock include Andrew Cripps, Brian Bonnick, Carrie Lindzon-Jacobs, David W Leebron, Eileen Campbell, Eric A Demirian, G Mary Ruby, Greg Foster, Jeff Vance, Jeffrey Vance, Joseph Sparacio, Mark Welton, Michael Macmillan, Richard L Gelfond and Robert D Lister.

Who sold Imax Corporation stock? Who is selling Imax Corporation stock?

Imax Corporation's stock was sold by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Renaissance Technologies LLC, Clough Capital Partners L P, Gerber Kawasaki Wealth & Investment Management, Artisan Partners Limited Partnership, Two Sigma Investments LP, Brown Advisory Inc. and Capstone Investment Advisors LLC. Company insiders that have sold Imax Corporation stock in the last year include Andrew Cripps, David W Leebron, Eileen Campbell, Greg Foster, Jeffrey Vance, Joseph Sparacio, Mark Welton, Michael Macmillan, Richard L Gelfond and Robert D Lister.

Who bought Imax Corporation stock? Who is buying Imax Corporation stock?

Imax Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Light Street Capital Management LLC, Franklin Resources Inc., Axiom International Investors LLC DE, Russell Investments Group Ltd., State Street Corp, William Blair Investment Management LLC, Cortina Asset Management LLC and Lebenthal Asset Management LLC.

How do I buy Imax Corporation stock?

Shares of Imax Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Imax Corporation stock cost?

One share of Imax Corporation stock can currently be purchased for approximately $32.75.

Imax Corporation (NYSE:IMAX) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Imax Corporation (NYSE:IMAX)

Earnings History Chart

Earnings by Quarter for Imax Corporation (NYSE:IMAX)

Dividend History Chart

Dividend Payments by Quarter for Imax Corporation (NYSE:IMAX)

Last Updated on 2/26/2017 by MarketBeat.com Staff