AMC Networks Inc. (AMCX)
| Market Cap | 422.24M |
| Revenue (ttm) | 2.50B |
| Net Income (ttm) | 36.14M |
| Shares Out | 44.12M |
| EPS (ttm) | 0.79 |
| PE Ratio | 12.15 |
| Forward PE | 2.20 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 639,729 |
| Open | 8.92 |
| Previous Close | 8.99 |
| Day's Range | 8.92 - 9.75 |
| 52-Week Range | 7.08 - 20.97 |
| Beta | 1.29 |
| Analysts | Hold |
| Price Target | 9.33 (-2.51%) |
| Earnings Date | Nov 8, 2024 |
About AMCX
AMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences, a platform to distributors, and advertisers in the United States, Europe, and internationally. The company operates through Domestic Operations, and International and Other segments. The Domestic Operations segment operates various national programming networks, including the AMC, We tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK... [Read more]
Financial Performance
In 2023, AMC Networks's revenue was $2.71 billion, a decrease of -12.42% compared to the previous year's $3.10 billion. Earnings were $215.46 million, an increase of 2737.29%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for AMCX stock is "Hold." The 12-month stock price forecast is $9.33, which is a decrease of -2.51% from the latest price.
News
AMC Networks Inc. (AMCX) Q3 2024 Earnings Call Transcript
AMC Networks Inc. (NASDAQ:AMCX) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Nicholas Seibert - Vice President of Corporate Development & Investor Relations Kris...
AMC Networks Beats Q3 Forecasts With Help From Netflix, Stock Pops
AMC Networks said a new partnership with Netflix is helping boost streaming subscribers and revenue as it posted third quarter financials that were down from the year earlier but beat Wall Street fore...
AMC Networks Reports Downturn In Many Financial Areas, But Stock Perks Up On Q3 Beat
Shares in AMC Networks, which have declined by more than 50% in 2024 to date, gained 3% Friday after the company posted third-quarter results ahead of Wall Street analysts' expectations. Revenue slump...
AMC Networks Paying $42M For Full Control Of BBC America
AMC Networks has rolled up BBC America, paying $42 million in cash for the cable network. The news was disclosed in the company's third-quarter earnings release. The transaction, which gives AMC Netwo...
AMC Networks Inc. Reports Third Quarter 2024 Results
NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the third quarter ended September 30, 2024.
Stock Picks From Seeking Alpha's October 2024 New Analysts
In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, ...
AMC Networks to Report Third Quarter 2024 Results
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the third quarter 2024 on Friday, November 8, 2024 at 10:00 a.m. Eastern...
AMC Networks: Undervalued On All Accounts
AMC Networks faces significant challenges from cord-cutting trends and a heavy debt load, leading to market pessimism and fears of bankruptcy. Declining non-streaming subscription revenues and rising ...
AMC Networks: Cigar Butt With Short Squeeze Potential
AMC Networks faces challenges from cord-cutting and high debt but remains profitable with strong free cash flow and growing streaming revenues. Management prioritizes high-quality content, with a focu...
Charter and AMC ink early renewal deal, providing cable subscribers free access to AMC+
Charter Communications and AMC Networks on Wednesday said they have agreed to an early renewal of a distribution agreement, allowing Charter to carry AMC's portfolio of linear cable networks for multi...
AMC NETWORKS AND CHARTER COMMUNICATIONS ANNOUNCE EARLY MULTI-YEAR RENEWAL AGREEMENT FOR DISTRIBUTION OF AMC NETWORKS' LINEAR NETWORKS AND DIRECT-TO-CONSUMER STREAMING SERVICE
Ad-Supported AMC+ will be Included in All Spectrum TV Select Packages at No Additional Cost to Customers Charter to Make AMC+ Available for Purchase by Internet-Only Customers NEW YORK and STAMFOR...
AMC Networks Inc. (AMCX) Q2 2024 Earnings Call Transcript
AMC Networks Inc. (NASDAQ:AMCX) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Nicholas Seibert - Vice President of Corporate Development & Investor Relations Kristin...
AMC Networks Q2 Earnings Miss Wall Street Forecasts As Linear TV Challenges Once Again Hit Media Results
While it wasn't quite the dramatic setbacks of Paramount Global and Warner Bros. Discovery this week, AMC Networks posted second-quarter financial results illustrating the perils of operating linear T...
AMC Networks Inc. Reports Second Quarter 2024 Results
NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the second quarter ended June 30, 2024.
AMC Networks General Counsel Jamie Gallagher to Retire at Year End
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- AMC Networks, Inc. [NASDAQ: AMCX] announced today that Jamie Gallagher, the company's long-time General Counsel and EVP, will retire at the end of the year....
Not just AMC Entertainment: AMC Networks stock has imploded
AMC Entertainment's (NYSE: AMC) stock price has imploded this year amid concerns about the box office industry, its huge debt load, and dilution. It has crashed by 90% in the past 12 months and by 90%...
AMC Networks to Report Second Quarter 2024 Results
NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the second quarter 2024 on Friday, August 9, 2024 at 8:30 a.m. Eastern T...
Media Stocks Jump With Broader Market As Interest Rate Relief Seems Certain
Media and entertainment shares are having a great day as are markets with the Dow, S&P and Russell 2000 all decisively on the upswing. Investors are baking in an interest rate cut this fall with some ...
AMC Networks Inc. Announces Pricing of $125 Million Offering of Convertible Senior Notes
NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company” or “AMC Networks”) today announced the pricing of $125 million aggregate principal amount of 4.25% convertib...
Shares Of AMC Networks Plunge 35% As Company Plans Debt Sale To Raise Cash
Shares of AMC Networks plunged more than 35% Monday as the company said it plans put up for sale $125 million-worth of convertible senior notes due in 2029 in a private offering, plus additional notes...
AMC Networks, Louisiana-Pacific And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Monday.
AMC Networks Inc. Announces Private Offering of $125 Million of Convertible Senior Notes
NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company” or “AMC Networks”) today announced that it intends to offer, subject to market conditions and other factors,...
AMC Networks: There's Hidden Opportunity With This One
AMC Networks is facing challenges in its core business, leading to declining revenue and profitability. The company's streaming services, including AMC+, show potential for growth and hidden value. Sh...
AMC Networks Inc. (AMCX) Q1 2024 Earnings Call Transcript
AMC Networks Inc. (NASDAQ:AMCX) Q1 2024 Earnings Call Transcript May 10, 2024 8:30 AM ET Company Participants Nicholas Seibert - VP, Corporate Development and IR Kristin Dolan - Chief Executive Offic...
AMC Networks Inc. Reports First Quarter 2024 Results
NEW YORK, May 10, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the first quarter ended March 31, 2024.