About Regal Entertainment Group (NYSE:RGC)
Regal Entertainment Group is an operator of theatre circuits in the United States. As of March 31, 2017, the Company operated 7,262 screens in 559 theatres in 43 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
Industry Movie Theaters & Movie Products
Sub-IndustryMovies & Entertainment
SectorCyclical Consumer Goods & Services
Trailing P/E Ratio27.6987951807229
Forward P/E Ratio25.54
Sales & Book Value
Annual Sales$3.20 billion
Price / Sales1.13
Cash Flow$2.62 per share
Price / Cash8.79
Book Value($5.35) per share
Price / Book-4.30
Net Income$170.40 million
Return on Equity-16.36%
Return on Assets5.10%
Regal Entertainment Group (NYSE:RGC) Frequently Asked Questions
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 Tuesday, February 6th. Stockholders of record on Saturday, February 17th will be given a dividend of $0.22 per share on Monday, February 26th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date is Thursday, February 15th. View Regal Entertainment Group's Dividend History.
How will Regal Entertainment Group's stock buyback program work?
Regal Entertainment Group declared that its board has authorized a share buyback program on Friday, September 1st 2017, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.2% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.
How were Regal Entertainment Group's earnings last quarter?
Regal Entertainment Group (NYSE:RGC) posted its earnings results on Tuesday, October, 24th. The company reported $0.07 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.04 by $0.03. The business earned $716 million during the quarter, compared to analyst estimates of $701.66 million. Regal Entertainment Group had a net margin of 4.41% and a negative return on equity of 16.36%. The company's quarterly revenue was down 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.29 earnings per share. View Regal Entertainment Group's Earnings History.
Where is Regal Entertainment Group's stock going? Where will Regal Entertainment Group's stock price be in 2018?
13 equities research analysts have issued 12 month target prices for Regal Entertainment Group's stock. Their forecasts range from $13.00 to $25.00. On average, they expect Regal Entertainment Group's stock price to reach $21.50 in the next twelve months. View Analyst Ratings for Regal Entertainment Group.
What are Wall Street analysts saying about Regal Entertainment Group stock?
Here are some recent quotes from research analysts about Regal Entertainment Group stock:
- 1. 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. " (2/9/2018)
- 2. B. Riley analysts commented, "We have reiterated our view extensively that short-term investors have overreacted to some of the adverse box office swings this year and not only do we project that the year could actually end up relatively flat with last year, but we stress this view overlooks the improvements RGC has seen in market share and spending per patron — which is a baseline metric that, we believe, only sets the stage for further gains as box office trends should improve with a film slate that resonates more with consumers. We recommend adding to positions and are reiterating our Buy rating with an increased PT of $24.75 (up from $24.00). Key Points Q3 Results Exceed Expectations." (10/25/2017)
- 3. 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)
Who are some of Regal Entertainment Group's key competitors?
Some companies that are related to Regal Entertainment Group include Panera Bread (PNRA), Whitbread (WTB), Burberry Group (BRBY), NEXT (NXT), ASOS.com (ASC), Pearson (PSON), Taylor Wimpey (TW), Ingram Micro (IM), ITV (ITV), Berkeley Group (BKG), Cabelas (CAB), B&M European Value Retail (BME), Lions Gate Entertainment (LGF), Ocado Group (OCDO), Visteon (VC), Bellway (BWY), UBM (UBM) and Merlin Entertainments (MERL).
Who are Regal Entertainment Group's key executives?
Regal Entertainment Group's management team includes the folowing people:
- Amy E. Miles, Chairman of the Board, Chief Executive Officer (Age 50)
- Gregory W. Dunn, President, Chief Operating Officer (Age 57)
- David H. Ownby, Executive Vice President, Chief Financial Officer, Treasurer (Age 47)
- Peter B. Brandow, Executive Vice President, General Counsel, Secretary (Age 56)
- Thomas D. Bell Jr., Lead Independent Director (Age 67)
- Michael L. Campbell, Chairman Emeritus (Age 63)
- Charles E. Brymer, Independent Director (Age 57)
- Stephen A. Kaplan, Independent Director (Age 58)
- David H. Keyte, Independent Director (Age 60)
Has Regal Entertainment Group been receiving favorable news coverage?
Media headlines about RGC stock have been trending positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Regal Entertainment Group earned a coverage optimism score of 0.31 on Accern's scale. They also assigned news coverage about the company an impact score of 46.27 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Regal Entertainment Group's major shareholders?
Regal Entertainment Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Eagle Asset Management Inc. (3.54%), BlackRock Inc. (3.40%), Sand Grove Capital Management LLP (1.77%), Virtus Fund Advisers LLC (1.53%), Raymond James & Associates (1.34%) and Alpine Associates Management Inc. (1.20%). Company insiders that own Regal Entertainment Group stock include Cyril Charles Ja Vaillancourt, David Ownby, Gregory W Dunn, Peter B Brandow, Philip F Anschutz, Stephen A Kaplan and Thomas D Bell Jr. View Institutional Ownership Trends for Regal Entertainment Group.
Which major investors are selling Regal Entertainment Group stock?
RGC stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Virtus Fund Advisers LLC, Brandywine Global Investment Management LLC, Polaris Capital Management LLC, Raymond James & Associates, GW&K Investment Management LLC, Comerica Bank and Anchor Capital Advisors LLC. View Insider Buying and Selling for Regal Entertainment Group.
Which major investors are buying Regal Entertainment Group stock?
RGC stock was acquired by a variety of institutional investors in the last quarter, including Sand Grove Capital Management LLP, Alpine Associates Management Inc., Halcyon Management Partners LP, Carillon Tower Advisers Inc., Gabelli Funds LLC, Chicago Capital Management LLC, BlackRock Inc. and Huber Capital Management LLC. Company insiders that have bought Regal Entertainment Group stock in the last two years include Cyril Charles Ja Vaillancourt, David Ownby, Stephen A Kaplan and Thomas D Bell Jr. View Insider Buying and Selling for Regal Entertainment Group.
How do I buy shares of Regal Entertainment Group?
Shares of RGC 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 Regal Entertainment Group's stock price today?
One share of RGC stock can currently be purchased for approximately $22.99.
How big of a company is Regal Entertainment Group?
Regal Entertainment Group has a market capitalization of $3.61 billion and generates $3.20 billion in revenue each year. The company earns $170.40 million in net income (profit) each year or $0.83 on an earnings per share basis. Regal Entertainment Group employs 25,359 workers across the globe.
How can I contact Regal Entertainment Group?
Regal Entertainment Group's mailing address is 101 E Blount Ave, KNOXVILLE, TN 37920-1632, United States. The company can be reached via phone at +1-865-9221123 or via email at [email protected]
MarketBeat Community Rating for Regal Entertainment Group (RGC)MarketBeat's community ratings are surveys of what our community members think about Regal Entertainment Group 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.
Regal Entertainment Group (NYSE:RGC) 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: ||2.00||2.07||2.20||2.43|
|Ratings Breakdown: ||1 Sell Rating(s)|
12 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
12 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
10 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|3 Sell Rating(s)|
3 Hold Rating(s)
7 Buy Rating(s)
1 Strong Buy Rating(s)
|Consensus Price Target: ||$21.50||$22.23||$21.83||$24.23|
|Price Target Upside: ||6.48% downside||3.34% downside||3.76% downside||47.39% upside|
Regal Entertainment Group (NYSE:RGC) Consensus Price Target History
Regal Entertainment Group (NYSE:RGC) Analyst Ratings History
(Data available from 3/24/2016 forward)
Regal Entertainment Group (NYSE:RGC) Earnings History and Estimates Chart
Regal Entertainment Group (NYSE RGC) 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|
|10/24/2017||Q3 2017||$0.04||$0.07||$701.66 million||$716.00 million||View||N/A|
|7/26/2017||Q2 2017||$0.18||$0.16||$764.15 million||$764.20 million||View||N/A|
|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|
Regal Entertainment Group (NYSE:RGC) Earnings Estimates
2018 EPS Consensus Estimate: $1.10
2019 EPS Consensus Estimate: $1.21
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Regal Entertainment Group (NYSE:RGC) Dividend Information
|Most Recent Dividend:||2/26/2018|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||106.02% (Trailing 12 Months of Earnings) |
97.78% (Based on This Year's Estimates)
85.44% (Based on Next Year's Estimates)
Regal Entertainment Group (NYSE:RGC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Regal Entertainment Group (NYSE RGC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 76.23%
Regal Entertainment Group (NYSE RGC) 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|
|8/29/2017||Thomas D Bell Jr||Director||Buy||25,000||$14.76||$369,000.00||126,939|| |
|8/25/2017||Stephen A Kaplan||Director||Buy||10,000||$14.87||$148,700.00||155,572|| |
|8/24/2017||David Ownby||CFO||Buy||7,500||$14.04||$105,300.00||229,573|| |
|8/23/2017||Cyril Charles Ja Vaillancourt||Director||Buy||200,000||$0.09||$18,000.00|
|3/9/2017||Gregory W Dunn||Insider||Sell||26,050||$22.15||$577,007.50||67,052|| |
|3/9/2017||Peter B Brandow||EVP||Sell||20,233||$22.50||$455,242.50||212,715|| |
|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||74,151|| |
|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||219,028|| |
|6/15/2016||Gregory W Dunn||COO||Sell||25,000||$20.28||$507,000.00||104,916|| |
|3/15/2016||Amy E Miles||CEO||Sell||28,201||$20.82||$587,144.82||616,606|| |
|3/14/2016||Amy E Miles||CEO||Sell||75,000||$21.22||$1,591,500.00||616,606|| |
|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|
Regal Entertainment Group (NYSE RGC) News Headlines
Regal Entertainment Group (NYSE:RGC) SEC Filings
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Regal Entertainment Group (NYSE:RGC) Income Statement, Balance Sheet and Cash Flow Statement
Regal Entertainment Group (NYSE RGC) Stock Chart for Saturday, March, 24, 2018