Regal Entertainment Group (NYSE:RGC) is scheduled to be releasing its earnings data after the market closes on Thursday, February 15th. Analysts expect Regal Entertainment Group to post earnings of $0.33 per share for the quarter.
Regal Entertainment Group (NYSE:RGC) opened at $23.12 on Wednesday. The company has a market capitalization of $3,630.00, a P/E ratio of 27.86, a price-to-earnings-growth ratio of 2.24 and a beta of 1.05. Regal Entertainment Group has a 12-month low of $13.90 and a 12-month high of $23.17. The company has a debt-to-equity ratio of -2.84, a quick ratio of 0.78 and a current ratio of 0.84.
The company also recently declared a quarterly dividend, which will be paid on Monday, February 26th. Shareholders of record on Saturday, February 17th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 3.81%. The ex-dividend date of this dividend is Thursday, February 15th. Regal Entertainment Group’s dividend payout ratio (DPR) is 106.02%.
Several research firms have commented on RGC. Zacks Investment Research raised Regal Entertainment Group from a “sell” rating to a “hold” rating in a research report on Friday, February 9th. B. Riley lowered Regal Entertainment Group from a “buy” rating to a “neutral” rating and cut their price target for the stock from $24.75 to $23.00 in a research report on Tuesday, January 2nd. Wedbush set a $23.00 price target on Regal Entertainment Group and gave the stock a “hold” rating in a research report on Monday, January 8th. MKM Partners lowered Regal Entertainment Group from a “buy” rating to a “neutral” rating and set a $23.00 price target on the stock. in a research report on Wednesday, January 17th. Finally, Piper Jaffray Companies set a $23.00 price target on Regal Entertainment Group and gave the stock a “hold” rating in a research report on Wednesday, January 3rd. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $22.23.
A hedge fund recently raised its stake in Regal Entertainment Group stock. The Manufacturers Life Insurance Company boosted its position in shares of Regal Entertainment Group (NYSE:RGC) by 8.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,871 shares of the company’s stock after purchasing an additional 373 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Regal Entertainment Group were worth $100,000 at the end of the most recent reporting period. Institutional investors own 82.04% of the company’s stock.
Regal Entertainment Group Company Profile
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.
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