Regal Entertainment Group Company Profile (NYSE:RGC)

About Regal Entertainment Group (NYSE:RGC)

Regal Entertainment Group logoRegal 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:
  • Sector: Consumer Discretionary
  • Industry: Movie Theaters & Movie Products
  • Sub-Industry: Movies & Entertainment
  • Symbol: NYSE:RGC
  • CUSIP: 75876610
  • Web:
  • Market Cap: $2.6083 billion
  • Outstanding Shares: 156,347,000
Average Prices:
  • 50 Day Moving Avg: $16.15
  • 200 Day Moving Avg: $19.83
  • 52 Week Range: $13.90 - $24.79
  • Trailing P/E Ratio: 15.42
  • Foreward P/E Ratio: 14.32
  • P/E Growth: 2.26
Sales & Book Value:
  • Annual Revenue: $3.21 billion
  • Price / Sales: 0.81
  • Book Value: ($5.34) per share
  • Price / Book: -3.11
  • Annual Dividend: $0.88
  • Dividend Yield: 5.3%
  • EBIDTA: $587.1 million
  • Net Margins: 5.24%
  • Return on Equity: -20.42%
  • Return on Assets: 6.50%
  • Debt-to-Equity Ratio: -2.91%
  • Current Ratio: 0.89%
  • Quick Ratio: 0.83%
  • Average Volume: 3.31 million shs.
  • Beta: 0.96
  • Short Ratio: 12.82

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, July 27th. Investors of record on Tuesday, September 5th will be given a dividend of $0.22 per share on Friday, September 15th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date is Thursday, August 31st. View Regal Entertainment Group's Dividend History.

How will Regal Entertainment Group's stock buyback program work?

Regal Entertainment Group announced that its board has initiated a share buyback plan on Friday, September 1st 2017, which permits the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

How were Regal Entertainment Group's earnings last quarter?

Regal Entertainment Group (NYSE:RGC) released its quarterly earnings data on Wednesday, July, 26th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.02. The firm earned $764.20 million during the quarter, compared to analysts' expectations of $764.15 million. Regal Entertainment Group had a negative return on equity of 20.42% and a net margin of 5.24%. Regal Entertainment Group's quarterly revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.23 EPS. View Regal Entertainment Group's Earnings History.

When will Regal Entertainment Group make its next earnings announcement?

Regal Entertainment Group is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Regal Entertainment Group.

Where is Regal Entertainment Group's stock going? Where will Regal Entertainment Group's stock price be in 2017?

13 brokerages have issued 1-year price targets for Regal Entertainment Group's shares. Their predictions range from $17.00 to $47.00. On average, they anticipate Regal Entertainment Group's stock price to reach $24.23 in the next year. 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. 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. " (6/29/2017)
  • 2. 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)
  • 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?

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
  • Gregory W. Dunn, President, Chief Operating Officer
  • David H. Ownby, Executive Vice President, Chief Financial Officer, Treasurer
  • Peter B. Brandow, Executive Vice President, General Counsel, Secretary
  • Thomas D. Bell Jr., Lead Independent Director
  • Michael L. Campbell, Chairman Emeritus
  • Charles E. Brymer, Independent Director
  • Stephen A. Kaplan, Independent Director
  • David H. Keyte, Independent Director

Who owns Regal Entertainment Group stock?

Regal Entertainment Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.91%), Alliancebernstein L.P. (7.57%), Epoch Investment Partners Inc. (5.45%), Neuberger Berman Group LLC (3.70%), Eagle Asset Management Inc. (3.52%) and BlackRock Inc. (3.49%). Company insiders that own Regal Entertainment Group stock include Amy E Miles, 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.

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 Goldman Sachs Group Inc., Eagle Asset Management Inc., Canada Pension Plan Investment Board, Payden & Rygel, Stifel Financial Corp, First Quadrant L P CA, Balyasny Asset Management LLC and Renaissance Technologies LLC. 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 acquired by a variety of institutional investors in the last quarter, including Brandywine Global Investment Management LLC, Alliancebernstein L.P., Voya Investment Management LLC, BlackRock Inc., Hamlin Capital Management LLC, Ameriprise Financial Inc., Dimensional Fund Advisors LP and Vanguard Group Inc.. 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 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.

What is Regal Entertainment Group's stock price today?

One share of Regal Entertainment Group stock can currently be purchased for approximately $16.61.

MarketBeat Community Rating for Regal Entertainment Group (NYSE RGC)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  343 (Vote Outperform)
Underperform Votes:  419 (Vote Underperform)
Total Votes:  762
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.

Analyst Ratings

Consensus Ratings for Regal Entertainment Group (NYSE:RGC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 2 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Hold (Score: 2.46)
Consensus Price Target: $24.23 (45.88% upside)

Analysts' Ratings History for Regal Entertainment Group (NYSE:RGC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/18/2017MKM PartnersReiterated RatingBuy$20.00MediumView Rating Details
8/1/2017B. RileyReiterated RatingBuy$26.00LowView Rating Details
7/27/2017Piper Jaffray CompaniesSet Price TargetHold$19.00LowView Rating Details
7/27/2017WedbushReiterated RatingBuyHighView Rating Details
7/27/2017Royal Bank Of CanadaReiterated RatingHold$22.00HighView Rating Details
7/6/2017Morgan StanleyLower Price TargetUnderweight$22.00 -> $21.00MediumView Rating Details
6/23/2017Credit Suisse GroupLower Price TargetUnderperform$19.00 -> $17.00LowView Rating Details
6/12/2017Moffett NathansonDowngradeNeutral -> Sell$21.00 -> $17.00MediumView Rating Details
5/18/2017Hilliard LyonsUpgradeBuyLowView Rating Details
5/16/2017Loop CapitalUpgradeHold -> Buy$23.00 -> $25.00LowView Rating Details
4/27/2017FBR & CoBoost Price TargetMkt Perform -> Mkt Perform$23.00 -> $25.00HighView Rating Details
4/14/2017Benchmark Co.Reiterated RatingOutperform$22.00N/AView Rating Details
3/20/2017WunderlichReiterated RatingBuy$31.00LowView Rating Details
11/1/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Conviction-Buy$47.00N/AView Rating Details
7/27/2016J P Morgan Chase & CoBoost Price TargetNeutral$21.00 -> $23.00N/AView Rating Details
4/30/2016Drexel HamiltonReiterated RatingBuyN/AView Rating Details
4/29/2016Topeka Capital MarketsBoost Price TargetHold$20.00 -> $21.00N/AView Rating Details
2/23/2016JBL AdvisorsDowngradeOutperform -> Market PerformN/AView Rating Details
2/11/2016Barrington ResearchLower Price TargetOutperform$24.00 -> $21.00N/AView Rating Details
11/26/2015S&P Equity ResearchUpgradeHold -> Buy$15.00 -> $16.00N/AView Rating Details
(Data available from 9/25/2015 forward)


Earnings History for Regal Entertainment Group (NYSE:RGC)
Earnings by Quarter for Regal Entertainment Group (NYSE:RGC)
Earnings History by Quarter for Regal Entertainment Group (NYSE RGC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.12N/AView Earnings Details
7/26/2017Q2 2017$0.18$0.16$764.15 million$764.20 millionViewN/AView Earnings Details
4/26/2017Q1 2017$0.36$0.32$808.18 million$821.20 millionViewN/AView Earnings Details
2/9/2017Q416$0.26$0.33$804.85 million$812.60 millionViewListenView Earnings Details
10/27/2016Q316$0.26$0.29$787.99 million$811.50 millionViewListenView Earnings Details
7/26/2016Q216$0.24$0.23$801.49 million$785.90 millionViewListenView Earnings Details
4/28/2016Q116$0.25$0.27$763.65 million$787.10 millionViewListenView Earnings Details
2/9/2016Q415$0.35$0.36$847.05 million$848.20 millionViewN/AView Earnings Details
10/27/2015Q315$0.14$0.18$716.90 million$725.00 millionViewListenView Earnings Details
7/30/2015Q215$0.35$0.38$841.39 million$862.80 millionViewListenView Earnings Details
4/30/2015Q115$0.11$0.15$690.80 million$691.30 millionViewListenView Earnings Details
2/12/2015Q414$0.29$0.30$798.64 million$799.10 millionViewListenView Earnings Details
10/27/2014Q314$0.20$0.18$732.80 million$693.80 millionViewListenView Earnings Details
7/24/2014Q214$0.29$0.27$811.71 million$770.30 millionViewListenView Earnings Details
4/24/2014Q114$0.18$0.20$716.39 million$726.90 millionViewListenView Earnings Details
2/13/2014Q413$0.26$0.17$768.80 million$739.90 millionViewListenView Earnings Details
10/24/2013Q313$0.28$0.38$796.23 million$813.10 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.31$0.36$842.56 million$842.00 millionViewListenView Earnings Details
4/30/2013Q1 2013$0.15$0.13$649.44 million$642.80 millionViewListenView Earnings Details
2/7/2013Q4 2012$0.20$0.28$705.84 million$723.10 millionViewListenView Earnings Details
10/25/2012$0.17$0.17ViewN/AView Earnings Details
7/26/2012$0.22$0.25ViewN/AView Earnings Details
5/1/2012$0.15$0.30ViewN/AView Earnings Details
2/13/2012$0.02$0.10ViewN/AView Earnings Details
10/27/2011$0.15$0.19ViewN/AView Earnings Details
7/28/2011$0.19$0.24ViewN/AView Earnings Details
4/28/2011($0.07)($0.11)ViewN/AView Earnings Details
2/9/2011$0.06$0.09ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Regal Entertainment Group (NYSE:RGC)
2017 EPS Consensus Estimate: $1.11
2018 EPS Consensus Estimate: $1.30
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.24$0.39$0.33
Q2 20174$0.17$0.34$0.25
Q3 20174$0.10$0.24$0.16
Q4 20174$0.27$0.45$0.37
Q1 20183$0.28$0.37$0.32
Q2 20183$0.25$0.37$0.30
Q3 20183$0.26$0.31$0.28
Q4 20183$0.37$0.42$0.40
(Data provided by Zacks Investment Research)


Current Dividend Information for Regal Entertainment Group (NYSE:RGC)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.88
Dividend Yield:5.30%
Dividend Growth:1.60% (3 Year Average)
Payout Ratio:82.24% (Trailing 12 Months of Earnings)
88.00% (Based on This Year's Estimates)
75.86% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Regal Entertainment Group (NYSE:RGC)

Dividend History by Quarter for Regal Entertainment Group (NYSE RGC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Regal Entertainment Group (NYSE:RGC)
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 82.41%
Insider Trades by Quarter for Regal Entertainment Group (NYSE:RGC)
Institutional Ownership by Quarter for Regal Entertainment Group (NYSE:RGC)
Insider Trades by Quarter for Regal Entertainment Group (NYSE:RGC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/29/2017Thomas D Bell JrDirectorBuy25,000$14.76$369,000.00View SEC Filing  
8/25/2017Stephen A KaplanDirectorBuy10,000$14.87$148,700.00View SEC Filing  
8/24/2017David OwnbyCFOBuy7,500$14.04$105,300.00View SEC Filing  
8/23/2017Cyril Charles Ja VaillancourtDirectorBuy200,000$0.09$18,000.00
3/9/2017Gregory W DunnInsiderSell26,050$22.15$577,007.50View SEC Filing  
3/9/2017Peter B BrandowEVPSell20,233$22.50$455,242.50View SEC Filing  
11/23/2016Philip F AnschutzMajor ShareholderSell13,000,000$22.95$298,350,000.00View SEC Filing  
9/7/2016Gregory W DunnInsiderSell30,765$21.75$669,138.75View SEC Filing  
8/8/2016Philip F AnschutzMajor ShareholderSell13,000,000$21.60$280,800,000.00View SEC Filing  
6/29/2016Peter B BrandowEVPSell49,024$21.51$1,054,506.24View SEC Filing  
6/15/2016Gregory W DunnCOOSell25,000$20.28$507,000.00View SEC Filing  
3/15/2016Amy E MilesCEOSell28,201$20.82$587,144.82View SEC Filing  
3/14/2016Amy E MilesCEOSell75,000$21.22$1,591,500.00View SEC Filing  
9/9/2015Cyril Charles Ja VaillancourtDirectorBuy600,000$0.00$0.00
6/16/2015Kenneth David BoothDirectorBuy23,000$0.05$1,150.00
5/19/2015Gregory W DunnCOOSell19,000$21.40$406,600.00View SEC Filing  
4/2/2015Kenneth David BoothDirectorBuy72,000$0.05$3,240.00
2/18/2015Alex YemenidjianDirectorSell58,475$23.37$1,366,560.75View SEC Filing  
12/2/2014Kenneth David BoothDirectorBuy50,000$0.04$2,000.00
(Data available from 1/1/2013 forward)


Headline Trends for Regal Entertainment Group (NYSE:RGC)
Latest Headlines for Regal Entertainment Group (NYSE:RGC)
DateHeadline logoOpinion: Insiders love these 14 retail stocks hit by the wrecking ball - September 22 at 4:16 PM logoUltimate Fan Experience, ‘Samurai Jack: The Premiere Movie Event,’ Brings Critically Acclaimed Series to Big Screens Nationwide on October 16 Only - September 20 at 8:20 AM logoPaired Analysis: The Case Of AMC Entertainment And Regal ... - Seeking Alpha - September 19 at 7:06 AM logoShould You Buy Regal Entertainment Group (RGC) Now? - September 19 at 7:06 AM logoRegal Entertainment Group (RGC) Receives "Buy" Rating from MKM Partners - September 18 at 7:00 PM logoRegal Entertainment Group (RGC) Given Consensus Rating of "Hold" by Brokerages - September 17 at 4:40 AM logoFan-Favorite Western-Style Anime Series RWBY to Debut Volume 5 Chapter 1 in Movie Theaters Nationwide October 12 Only - September 15 at 8:08 AM logoInsiders Are Going To The Movies - September 14 at 1:44 AM logoRegal Entertainment Stock Has 30% Upside - September 7 at 8:18 AM logo[$$] Regal Entertainment Stock Has 30% Upside - September 7 at 8:17 AM logoHollywood is already trying to put the dismal summer box office behind it - September 7 at 8:17 AM logoRegal Entertainment: Too Compelling to Ignore? - September 6 at 7:38 AM logoRegal Entertainment Group (RGC) Stock Rating Upgraded by MKM Partners - September 5 at 8:30 AM logoStock Buyback Program Authorized by Regal Entertainment Group (RGC) - September 1 at 11:20 AM logoRegal Entertainment Group Announces $50 Million Share Repurchase Plan - September 1 at 8:00 AM logoETFs with exposure to Regal Entertainment Group : August 30, 2017 - August 30 at 1:20 AM logoEx-Dividend Reminder: Nike, Regal Entertainment Group and Strayer Education - August 29 at 8:18 PM logoInsider Buying: Regal Entertainment Group (RGC) Director Purchases 25,000 Shares of Stock - August 29 at 7:38 PM logoRegal Entertainment Group (RGC) Director Acquires $148,700.00 in Stock - August 28 at 4:22 PM logoRegal Entertainment Group (RGC) CFO David Ownby Purchases 7,500 Shares - August 24 at 4:30 PM logoRegal Entertainment Group :RGC-US: Earnings Analysis: Q2, 2017 By the Numbers : August 23, 2017 - August 24 at 11:59 AM logoRegal Entertainment Group (RGC) Director Cyril Charles Ja Vaillancourt Purchases 200,000 Shares - August 24 at 10:32 AM logoContrasting Imax Corp (IMAX) and Regal Entertainment Group (RGC) - August 19 at 6:28 PM logo$763.02 Million in Sales Expected for Regal Entertainment Group (NYSE:RGC) This Quarter - August 13 at 5:44 AM logoSee what the IHS Markit Score report has to say about Regal Entertainment Group. - August 12 at 7:22 AM logoRegal Entertainment Group (NYSE:RGC) Expected to Announce Earnings of $0.15 Per Share - August 11 at 4:44 PM logoTheater stocks under pressure on weak summer movie season - August 8 at 6:38 AM logoComparing Regal Entertainment Group (RGC) and AMC Entertainment Holdings (AMC) - August 5 at 8:38 PM logoTrade of the Day: Regal Entertainment Group (RGC) - August 4 at 9:18 AM logoRegal Entertainment Group Expected to Earn Q3 2017 Earnings of $0.14 Per Share (RGC) - August 3 at 7:42 AM logoRegal Entertainment Group is Now Oversold (RGC) - August 2 at 8:54 PM logoQ4 2017 EPS Estimates for Regal Entertainment Group (NYSE:RGC) Lifted by Barrington Research - August 2 at 1:14 PM logoThe Zacks Analyst Blog Highlights: Caterpillar, Regal Entertainment Group and Timken - August 2 at 7:11 AM logoBear of the Day: Regal Entertainment Group (RGC) - August 2 at 7:11 AM logoRegal Entertainment Group (NYSE:RGC) Given a $19.00 Price Target by Piper Jaffray Companies Analysts - July 30 at 10:58 PM logoRegal Entertainment Group (RGC) Given Consensus Recommendation of "Hold" by Analysts - July 29 at 7:44 AM logoFY2017 Earnings Estimate for Regal Entertainment Group (RGC) Issued By Wedbush - July 28 at 12:23 PM logoRegal Entertainment Group (NYSE:RGC) Declares Quarterly Dividend of $0.22 - July 27 at 4:26 PM logoInvestor Network: Regal Entertainment Group to Host Earnings Call - July 27 at 6:50 AM logoRegal Entertainment Group Reports Results for Second Quarter 2017 and Declares Quarterly Dividend - July 27 at 6:50 AM logoRegal Entertainment misses Street 2Q forecasts - July 27 at 6:50 AM logoEdited Transcript of RGC earnings conference call or presentation 26-Jul-17 8:30pm GMT - July 27 at 6:50 AM logoRegal Entertainment Group (RGC) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS - July 26 at 9:34 PM logoRegal Entertainment Group (RGC) Expected to Announce Quarterly Sales of $777.11 Million - July 26 at 2:03 PM logo Analysts Expect Regal Entertainment Group (RGC) Will Post Earnings of $0.20 Per Share - July 24 at 9:52 AM logoRegal Entertainment Group (RGC) vs. Imax Corporation (IMAX) Critical Analysis - July 22 at 7:36 AM logoColorado theater special-events company names new CEO - July 20 at 3:47 PM logoWedbush Reiterates "Outperform" Rating for Regal Entertainment Group (RGC) - July 20 at 10:42 AM logoRegal Entertainment Group (RGC) Given Buy Rating at B. Riley - July 18 at 3:38 PM logoRegal Entertainment Group (NYSE:RGC) Short Interest Up 27.4% in June - July 18 at 7:18 AM



Regal Entertainment Group (RGC) Chart for Monday, September, 25, 2017

This page was last updated on 9/25/2017 by Staff