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: $31.30
  • 50 Day Moving Average: $32.14
  • 200 Day Moving Average: $31.20
  • 52-Week Range: $66,813,000.00 - $26.29
  • Trailing P/E Ratio: 51.06
  • Foreward P/E Ratio: 26.88
  • P/E Growth: 2.54
  • Market Cap: $2.10B
  • 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: $41.37 (31.55% upside)

Analysts' Ratings History for Imax Corporation (NYSE:IMAX)
Show:
DateFirmActionRatingPrice TargetDetails
2/20/2017B. RileyReiterated RatingBuy$46.00View Rating Details
2/18/2017Canaccord GenuitySet Price TargetBuy$39.00View Rating Details
2/14/2017WedbushReiterated RatingOutperform$41.50View 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 2/20/2015 forward)

Earnings

Earnings History for Imax Corporation (NYSE:IMAX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017ListenView 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: $0.75 EPS
Next Year EPS Consensus Estimate: $1.17 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
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
marketexclusive.com logoAnalyst Activity – Wedbush Reiterates Outperform on Imax Corporation (NYSE:IMAX) (NYSE:IMAX)
marketexclusive.com - February 14 at 7:15 PM
investopedia.com logoWedbush Positive on IMAX Ahead of Results (IMAX) (NYSE:IMAX)
www.investopedia.com - February 14 at 7:15 PM
investopedia.com logoWedbush Positive on IMAX Ahead of Results (NYSE:IMAX)
www.investopedia.com - February 14 at 7:15 PM
News IconShares in Focus: IMAX Corporation (NYSE:IMAX) - Midway Monitor (NYSE:IMAX)
midwaymonitor.com - February 14 at 4:57 AM
News IconShares of Imax Corporation (IMAX) Sees Large Inflow of Net Money Flow - Highland Mirror (NYSE:IMAX)
www.highlandmirror.com - February 14 at 4:57 AM
News IconBTS Names Howard and Michele Hall as 2017 Diving Pioneers (NYSE:IMAX)
www.alertdiver.com - February 13 at 6:54 PM
marketwired.com logoGame-Changing Location Based Virtual Reality Venture Dreamscape Immersive to Launch September 2017 (NYSE:IMAX)
www.marketwired.com - February 13 at 6:54 PM
News IconDreamscape Immersive Wants to Bring Virtual Reality Multiplex to Los Angeles (NYSE:IMAX)
variety.com - February 13 at 6:54 PM
News IconStartup Backed by Spielberg and Studios Seeks to Create VR Experiences for Malls (NYSE:IMAX)
ih.advfn.com - February 13 at 11:15 AM
News Icon‘Lego Batman’ Hooks $54M+, ‘Fifty Shades’ Rachets Up $48M+, ‘John Wick 2’ Targets $29M+ – Saturday Update (NYSE:IMAX)
deadline.com - February 12 at 3:58 AM
forbes.com logoBox Office: 'LEGO Batman Movie' Nabs Super $15M Friday (NYSE:IMAX)
www.forbes.com - February 11 at 5:55 PM
moodys.com logoMoody's Affirms One Class of Providence Place Group Limited Partnership (NYSE:IMAX)
www.moodys.com - February 10 at 6:40 PM
News IconDREAM BIG: Engineering Our World Opens in IMAX 3-D at the National Air and Space Museum Feb. 17 (NYSE:IMAX)
newsdesk.si.edu - February 9 at 6:49 PM
News IconNail Your 20s, Crush Your 30s: Industry Pros Share How to Break Into the Business (Video) (NYSE:IMAX)
www.thewrap.com - February 3 at 6:28 PM
capitalcube.com logoETFs with exposure to IMAX Corp. : February 3, 2017 (NYSE:IMAX)
www.capitalcube.com - February 3 at 6:28 PM
realistinvestor.com logoImax Corporation (NYSE:IMAX) Analysts Rating At 1.3 - RealistInvestor.com (NYSE:IMAX)
www.realistinvestor.com - February 3 at 4:38 AM
News IconIMAX Corporation (USA) (IMAX) is Downgraded by Credit Suisse to " Neutral" - Highland Mirror (NYSE:IMAX)
www.highlandmirror.com - February 3 at 4:38 AM
4-traders.com logoIMAX China : Daiwa lowers IMAX China to HK$43 (NYSE:IMAX)
www.4-traders.com - February 2 at 6:36 PM
capitalcube.com logoIMAX Corp. breached its 50 day moving average in a Bearish Manner : IMAX-US : February 2, 2017 (NYSE:IMAX)
www.capitalcube.com - February 2 at 6:36 PM
us.rd.yahoo.com logoIMAX downgraded by Credit Suisse (NYSE:IMAX)
us.rd.yahoo.com - February 1 at 6:39 PM
us.rd.yahoo.com logoAnother Analyst Goes Negative on Movie Theaters (NYSE:IMAX)
us.rd.yahoo.com - February 1 at 6:39 PM
News IconSony Opens IMAX Dub Stage (NYSE:IMAX)
www.prosoundnetwork.com - February 1 at 4:49 AM
News IconSony Pictures Post Production Services Adds IMAX Dub Stage (NYSE:IMAX)
news.creativecow.net - January 31 at 6:39 PM
finance.yahoo.com logoJourney To The West: The Demons Strike Back Conquers Chinese Box Office With Record-Setting $8.6 Million Opening In 390 IMAX® Theatres (NYSE:IMAX)
finance.yahoo.com - January 31 at 6:39 PM
thestreet.com logo'Split' Tops Domestic Box Office for Second Weekend (NYSE:IMAX)
www.thestreet.com - January 30 at 10:47 AM
News IconShares in View: IMAX Corporation (IMAX) - Springdale Times (NYSE:IMAX)
springdaletimes.com - January 28 at 11:01 PM
News IconInvestor Hub: Checking on the Numbers for IMAX Corporation (NYSE:IMAX) - Gilbert Daily (NYSE:IMAX)
gilbertdaily.com - January 27 at 7:51 PM
prnewswire.com logoIMAX Corporation To Announce Fourth-Quarter And Full-Year 2016 Financial Results And Host Conference Call - PR Newswire (press release) (NYSE:IMAX)
www.prnewswire.com - January 27 at 7:51 PM
4-traders.com logoIMAX USA : China To Announce Full-Year 2016 Financial Results And Host Conference Call (NYSE:IMAX)
www.4-traders.com - January 27 at 12:34 AM
News IconWith Markets Booming Higher, Is This Stock Fairly Valued: IMAX Corporation (NYSE:IMAX) - Aiken Advocate (NYSE:IMAX)
aikenadvocate.com - January 26 at 7:33 PM
realistinvestor.com logoAnalysts Rating Of Imax Corporation (NYSE:IMAX) At 1.3 - RealistInvestor.com (NYSE:IMAX)
www.realistinvestor.com - January 26 at 7:33 PM
finance.yahoo.com logoIMAX Corporation To Announce Fourth-Quarter And Full-Year 2016 Financial Results And Host Conference Call (NYSE:IMAX)
finance.yahoo.com - January 26 at 7:32 PM
finance.yahoo.com logoIMAX China To Announce Full-Year 2016 Financial Results And Host Conference Call (NYSE:IMAX)
finance.yahoo.com - January 26 at 7:32 PM
News IconResident Evil: The Final Chapter An IMAX 3D Experience (NYSE:IMAX)
www.charlestoncitypaper.com - January 26 at 12:19 AM
News Icon‘Resident Evil: The Final Chapter’ IMAX Featurette Picks Up in D.C. (Exclusive) (NYSE:IMAX)
bloody-disgusting.com - January 25 at 7:19 PM
News Icon“Resident Evil: The Final Chapter” ends explosive saga in IMAX PH cinemas (NYSE:IMAX)
pop.inquirer.net - January 24 at 4:13 AM

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 target prices for Imax Corporation's stock. Their forecasts range from $34.00 to $47.00. On average, they expect Imax Corporation's stock price to reach $41.37 in the next year.

When will Imax Corporation announce their earnings?

Imax Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 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 retail and institutional 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 purchased 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 $31.45.

Imax Corporation (NYSE:IMAX) Chart for Monday, February, 20, 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 2/20/2017 by MarketBeat.com Staff