Regal Entertainment Group is an operator of theatre circuits in the United States. As of December 31, 2016, the Company operated 7,267 screens in 561 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia. The Company manages its business under theatre exhibition operations segment. The Company develops, acquires and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of metropolitan markets throughout the United States. The Company operates multi-screen theatres. The Company is the parent company of Regal Entertainment Holdings, Inc. (REH), which is the parent company of Regal Cinemas Corporation (Regal Cinemas) and its subsidiaries. Regal Cinemas' subsidiaries include Regal Cinemas, Inc. (RCI) and its subsidiaries, which include Edwards Theatres, Inc. (Edwards), Regal CineMedia Corporation (RCM) and United Artists Theatre Company (United Artists).
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Movie Production, Theaters
- Sub-Industry: Movies & Entertainment
- Symbol: NYSE:RGC
- CUSIP: 75876610
- Web: www.regmovies.com
- Market Cap: $3.21 billion
- Outstanding Shares: 156,347,000
- 50 Day Moving Avg: $21.59
- 200 Day Moving Avg: $21.96
- 52 Week Range: $19.35 - $24.79
Sales & Book Value:
- Trailing P/E Ratio: 18.03
- Foreward P/E Ratio: 15.08
- P/E Growth: 2.22
- Annual Revenue: $3.23 billion
- Price / Sales: 0.99
- Book Value: ($5.28) per share
- Price / Book: -3.88
- Annual Dividend: $0.88
- Dividend Yield: 4.3%
- EBIDTA: $597.4 million
- Net Margins: 5.33%
- Return on Equity: -20.07%
- Return on Assets: 6.85%
- Debt-to-Equity Ratio: -2.66%
- Current Ratio: 0.76%
- Quick Ratio: 0.71%
- Average Volume: 1.71 million shs.
- Beta: 0.92
- Short Ratio: 13.65
Frequently Asked Questions for Regal Entertainment Group (NYSE:RGC)
What is Regal Entertainment Group's stock symbol?
Regal Entertainment Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RGC."
How often does Regal Entertainment Group pay dividends? What is the dividend yield for Regal Entertainment Group?
Regal Entertainment Group declared a quarterly dividend on Thursday, April 27th. Shareholders of record on Monday, June 5th will be given a dividend of $0.22 per share on Thursday, June 15th. This represents a $0.88 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date is Thursday, June 1st. View Regal Entertainment Group's Dividend History.
How were Regal Entertainment Group's earnings last quarter?
Regal Entertainment Group (NYSE:RGC) announced its quarterly earnings data on Wednesday, April, 26th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.36 by $0.04. The firm earned $821.20 million during the quarter, compared to analysts' expectations of $808.18 million. Regal Entertainment Group had a negative return on equity of 20.07% and a net margin of 5.33%. Regal Entertainment Group's revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 EPS. View Regal Entertainment Group's Earnings History.
When will Regal Entertainment Group make its next earnings announcement?
Where is Regal Entertainment Group's stock going? Where will Regal Entertainment Group's stock price be in 2017?
12 analysts have issued 1 year price objectives for Regal Entertainment Group's shares. Their predictions range from $19.00 to $47.00. On average, they expect Regal Entertainment Group's stock price to reach $26.31 in the next twelve months. View Analyst Ratings for Regal Entertainment Group.
What are analysts saying about Regal Entertainment Group stock?
Here are some recent quotes from research analysts about Regal Entertainment Group stock:
- 1. Wedbush analysts commented, "The Wedbush View: Although lagging its peers, Regal has accelerated its modernization initiatives and is rapidly upgrading its footprint. We expect Regal to continue investing in several key areas including expanding its luxury recliner seating, in alternative concessions, as well as expanding its Premium Large Format (“PLF”) screens." (4/27/2017)
- 2. According to Zacks Investment Research, "Regal Entertainment Group is a leading motion picture exhibitor operating the largest theatre circuit in the United States. The Company's nationwide theatre circuit is comprised of Regal Cinemas Corporation, United Artists Theatre Company and Edwards Theatres, Inc. " (4/21/2017)
- 3. FBR & Co analysts commented, "We are updating our Regal estimates to factor in a better 1Q17 trend in industry box office than we anticipated, but limited change to our full-year view. For 1Q17, domestic box office rose 4% year over year, better than our expectation for a decline when we last published Regal estimates. However, we continue to see a flattish domestic box office trend for the year, with a decline in 3Q17 and a flattish 4Q17 offsetting growth in 1H17." (4/3/2017)
Who are some of Regal Entertainment Group's key competitors?
Some companies that are related to Regal Entertainment Group include Gildan Activewear (GIL), Michael Kors Holdings Ltd (KORS), Ubisoft Entertain (UBSFY), Six Flags Entertainment Corp (SIX), Sjm Holdings (SJMHF), Ralph Lauren Corp (RL), Polaris Industries (PII), Hugo Boss Ag Spon (BOSSY), H & R Block (HRB), China Lodging Group, Ltd (HTHT), Dolby Laboratories (DLB), Tegna (TGNA), Pool (POOL), Brunswick (BC), Cinemark Holdings (CNK), Mediaset (MDIUY), Madison Square Garden Co (MSG) and Bright Horizons Family Solutions (BFAM).
Who owns Regal Entertainment Group stock?
Regal Entertainment Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.22%), Alliancebernstein L.P. (5.80%), Epoch Investment Partners Inc. (4.59%), Eagle Asset Management Inc. (3.48%), Neuberger Berman Group LLC (3.18%) and BlackRock Inc. (2.47%). Company insiders that own Regal Entertainment Group stock include Amy E Miles, Cyril Charles Ja Vaillancourt, Gregory W Dunn, Kenneth David Booth, Peter B Brandow and Philip F Anschutz. View Institutional Ownership Trends for Regal Entertainment Group.
Who sold Regal Entertainment Group stock? Who is selling Regal Entertainment Group stock?
Regal Entertainment Group's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Eagle Asset Management Inc., Neuberger Berman Group LLC, Morgan Stanley, Goldman Sachs Group Inc., Clinton Group Inc., Bank of America Corp DE and Advisors Asset Management Inc.. Company insiders that have sold Regal Entertainment Group stock in the last year include Gregory W Dunn, Peter B Brandow and Philip F Anschutz. View Insider Buying and Selling for Regal Entertainment Group.
Who bought Regal Entertainment Group stock? Who is buying Regal Entertainment Group stock?
Regal Entertainment Group's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Alliancebernstein L.P., Vanguard Group Inc., Point72 Asset Management L.P., WBI Investments Inc., Renaissance Technologies LLC, Comerica Bank and Hamlin Capital Management LLC. Company insiders that have bought Regal Entertainment Group stock in the last two years include Cyril Charles Ja Vaillancourt and Kenneth David Booth. View Insider Buying and Selling for Regal Entertainment Group.
How do I buy Regal Entertainment Group stock?
Shares of Regal Entertainment Group 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 Regal Entertainment Group stock cost?
One share of Regal Entertainment Group stock can currently be purchased for approximately $20.51.
Earnings History for Regal Entertainment Group (NYSE:RGC)Earnings History by Quarter for Regal Entertainment Group (NYSE:RGC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/24/2017|| || || || || || || || |
|4/26/2017||Q1 2017||$0.36||$0.32||$808.18 million||$821.20 million||View||N/A|
|2/9/2017||Q416||$0.26||$0.33||$804.85 million||$812.60 million||View||Listen|
|10/27/2016||Q316||$0.26||$0.29||$787.99 million||$811.50 million||View||Listen|
|7/26/2016||Q216||$0.24||$0.23||$801.49 million||$785.90 million||View||Listen|
|4/28/2016||Q116||$0.25||$0.27||$763.65 million||$787.10 million||View||Listen|
|2/9/2016||Q415||$0.35||$0.36||$847.05 million||$848.20 million||View||N/A|
|10/27/2015||Q315||$0.14||$0.18||$716.90 million||$725.00 million||View||Listen|
|7/30/2015||Q215||$0.35||$0.38||$841.39 million||$862.80 million||View||Listen|
|4/30/2015||Q115||$0.11||$0.15||$690.80 million||$691.30 million||View||Listen|
|2/12/2015||Q414||$0.29||$0.30||$798.64 million||$799.10 million||View||Listen|
|10/27/2014||Q314||$0.20||$0.18||$732.80 million||$693.80 million||View||Listen|
|7/24/2014||Q214||$0.29||$0.27||$811.71 million||$770.30 million||View||Listen|
|4/24/2014||Q114||$0.18||$0.20||$716.39 million||$726.90 million||View||Listen|
|2/13/2014||Q413||$0.26||$0.17||$768.80 million||$739.90 million||View||Listen|
|10/24/2013||Q313||$0.28||$0.38||$796.23 million||$813.10 million||View||N/A|
|7/25/2013||Q2 2013||$0.31||$0.36||$842.56 million||$842.00 million||View||Listen|
|4/30/2013||Q1 2013||$0.15||$0.13||$649.44 million||$642.80 million||View||Listen|
|2/7/2013||Q4 2012||$0.20||$0.28||$705.84 million||$723.10 million||View||Listen|
Earnings Estimates for Regal Entertainment Group (NYSE:RGC)
2017 EPS Consensus Estimate: $1.24
2018 EPS Consensus Estimate: $1.38
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Regal Entertainment Group (NYSE:RGC)
|Dividend Growth:||1.60% (3 Year Average)|
|Payout Ratio:||81.48% (Trailing 12 Months of Earnings) |
69.84% (Based on This Year's Estimates)
64.71% (Based on Next Year's Estimates)
Dividend History by Quarter for Regal Entertainment Group (NYSE:RGC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Regal Entertainment Group (NYSE:RGC)
Insider Ownership Percentage: 2.00%Insider Trades by Quarter for Regal Entertainment Group (NYSE:RGC)
Institutional Ownership Percentage: 65.33%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/9/2017||Gregory W Dunn||Insider||Sell||26,050||$22.15||$577,007.50|| |
|3/9/2017||Peter B Brandow||EVP||Sell||20,233||$22.50||$455,242.50|| |
|11/23/2016||Philip F Anschutz||Major Shareholder||Sell||13,000,000||$22.95||$298,350,000.00|| |
|9/7/2016||Gregory W Dunn||Insider||Sell||30,765||$21.75||$669,138.75|| |
|8/8/2016||Philip F Anschutz||Major Shareholder||Sell||13,000,000||$21.60||$280,800,000.00|| |
|6/29/2016||Peter B Brandow||EVP||Sell||49,024||$21.51||$1,054,506.24|| |
|6/15/2016||Gregory W Dunn||COO||Sell||25,000||$20.28||$507,000.00|| |
|3/15/2016||Amy E Miles||CEO||Sell||28,201||$20.82||$587,144.82|| |
|3/14/2016||Amy E Miles||CEO||Sell||75,000||$21.22||$1,591,500.00|| |
|9/9/2015||Cyril Charles Ja Vaillancourt||Director||Buy||600,000||$0.00||$0.00|
|6/16/2015||Kenneth David Booth||Director||Buy||23,000||$0.05||$1,150.00|
|5/19/2015||Gregory W Dunn||COO||Sell||19,000||$21.40||$406,600.00|| |
|4/2/2015||Kenneth David Booth||Director||Buy||72,000||$0.05||$3,240.00|
|2/18/2015||Alex Yemenidjian||Director||Sell||58,475||$23.37||$1,366,560.75|| |
|12/2/2014||Kenneth David Booth||Director||Buy||50,000||$0.04||$2,000.00|
Headline Trends for Regal Entertainment Group (NYSE:RGC)
Latest Headlines for Regal Entertainment Group (NYSE:RGC)
Regal Entertainment Group (RGC) Chart for Wednesday, May, 24, 2017