AMC Networks Inc. (AMCX)

NASDAQ: AMCX · IEX Real-Time Price · USD
12.90
+0.67 (5.48%)
At close: Mar 18, 2024, 4:00 PM
12.50
-0.40 (-3.10%)
After-hours: Mar 18, 2024, 7:40 PM EDT
5.48%
Market Cap 532.76M
Revenue (ttm) 2.71B
Net Income (ttm) 215.46M
Shares Out 43.56M
EPS (ttm) 4.90
PE Ratio 2.63
Forward PE 2.26
Dividend n/a
Ex-Dividend Date n/a
Volume 748,672
Open 12.43
Previous Close 12.23
Day's Range 11.84 - 13.11
52-Week Range 9.96 - 20.97
Beta 1.21
Analysts Sell
Price Target 11.75 (-8.91%)
Earnings Date May 7, 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]

Industry Entertainment
IPO Date Jul 1, 2011
Employees 1,900
Stock Exchange NASDAQ
Ticker Symbol AMCX
Full Company Profile

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 Statements

Analyst Forecast

According to 5 analysts, the average rating for AMCX stock is "Sell." The 12-month stock price forecast is $11.75, which is a decrease of -8.91% from the latest price.

Price Target
$11.75
(-8.91% downside)
Analyst Consensus: Sell
Stock Forecasts

News

AMC Networks to Participate in the J.P. Morgan 2024 Global High Yield and Leveraged Finance Conference

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) today announced that Patrick O'Connell, Executive Vice President and Chief Financial Officer, will participate in the J.P. ...

4 weeks ago - GlobeNewsWire

AMC Networks Stock Sinks as Revenue Dives 30%. It's Not Because of Streaming.

The television broadcasting and production company says subscription revenue fell 8% in the fourth quarter.

5 weeks ago - Barrons

AMC Networks Stock Punished After Shaky Q4 Earnings Report; CEO Kristin Dolan Downplays M&A Scenarios, Says Plan Is To “Stick To Our Knitting” As “Marketplace Sorts Itself Out”

Shares in AMC Networks dropped sharply in early trading Friday following a shaky fourth-quarter earnings report and a conference call with Wall Street analysts. The stock initially drifted down by mid...

5 weeks ago - Deadline

AMC reports Q4 sales beat, but shares fall as subscriptions slide

AMC Networks Inc. AMCX, +0.21% shares fell 3.6% in premarket trades Friday after the company's fourth-quarter revenue took a hit from falling subscriptions. The network that's home to “The Walking Dea...

5 weeks ago - Market Watch

AMC Networks Sees 23% Drop In U.S. Advertising Revenue, Adds Streaming Subscribers

AMC Network posted a 23% drop in advertising for the fourth quarter as total revenue fell 30% to $679 million. But the company narrowed losses and saw streaming revenues up 4% to $145 million on a str...

5 weeks ago - Deadline

AMC Networks Inc. Reports Fourth Quarter and Full Year 2023 Results

NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the fourth quarter and full year ended December 31, ...

5 weeks ago - GlobeNewsWire

AMC Networks to Report Fourth Quarter and Full Year 2023 Results

NEW YORK, Jan. 19, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the fourth quarter and full year 2023 on Friday, February 9, 2024 at 8:3...

2 months ago - GlobeNewsWire

AMC Networks to Participate in the Bank of America Securities Leveraged Finance Conference

NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) today announced that Patrick O'Connell, Executive Vice President and Chief Financial Officer, will participate in the Bank ...

4 months ago - GlobeNewsWire

AMC Networks Q3 Results Hit By Drops In Advertising And Affiliate Revenue

AMC Networks reported double-digit declines in advertising and affiliate revenue in the third quarter, which dragged down its overall results. The cable and streaming programmer posted earnings per sh...

4 months ago - Deadline

AMC Networks Inc. Reports Third Quarter 2023 Results

NEW YORK, Nov. 03, 2023 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the third quarter ended September 30, 2023.

4 months ago - GlobeNewsWire

AMC Networks to Report Third Quarter 2023 Results

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) --  AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the third quarter 2023 on Friday, November 3, 2023, at 8:30 a.m. Easter...

5 months ago - GlobeNewsWire

AMC Networks Begins Rollout Of Cheaper, Ad-Supported Tier Of Flagship Streamer AMC+

Following through on plans first announced last spring, AMC Networks said this evening it has officially begun rolling out a cheaper, ad-supported tier of flagship streaming service AMC+. The $5-a-mon...

6 months ago - Deadline

Max to feature AMC Networks shows like 'Fear the Walking Dead,' 'Killing Eve' this fall

Warner Bros. Discovery's streaming platform Max will feature content from pay TV company AMC Networks for two months.

Other symbols: WBD
7 months ago - CNBC

Meta, Alphabet and 10 under-the-radar media stocks expected to soar

The media landscape is going through a difficult transition, and it isn't only because streaming is such a tricky business.

7 months ago - Market Watch

Advertising Downturn Keeps AMC Networks From Hitting Q2 Revenue Target

AMC Networks posted a 17% decrease in domestic advertising revenue in the second quarter, preventing the company from meeting Wall Street revenue expectations. Total revenue slipped 8% from the same q...

8 months ago - Deadline

AMC Networks' stock up 2% after profit beat offsets revenue miss

AMC Networks Inc.'s stock AMCX, +1.49% rose 2% premarket Friday, after the network that's home to “The Walking Dead” franchise beat profit estimates for the second quarter by a wide margin, offsetting...

8 months ago - Market Watch

AMC Networks Inc. Reports Second Quarter 2023 Results

NEW YORK, Aug. 04, 2023 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the second quarter ended June 30, 2023.

8 months ago - GlobeNewsWire

AMC Networks to Report Second Quarter 2023 Results

NEW YORK, July 19, 2023 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the second quarter 2023 on Friday, August 4, 2023, at 8:30 a.m. Eastern ...

8 months ago - GlobeNewsWire

Top 5 Tech And Telecom Stocks That May Rocket Higher This Month

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: FYBRIQSEVOD
10 months ago - Benzinga

Chicken Soup for the Soul Entertainment Signs Deal With AMC Networks to Add 12 Free Ad-Supported Streaming Television (FAST) Channels

COS COB, Conn.--(BUSINESS WIRE)--CHICKEN SOUP FOR THE SOUL ENTERTAINMENT SIGNS DEAL WITH AMC NETWORKS TO ADD 12 FREE AD-SUPPORTED STREAMING TELEVISION (FAST) CHANNELS.

Other symbols: CSSE
11 months ago - Business Wire

AMC Networks to Participate in Upcoming Investor Conferences

NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will participate in the following investor conferences.

11 months ago - GlobeNewsWire

AMC Networks stock continues post-earnings bounce

Shares of AMC Networks Inc. AMCX rose 1.1% in premarket trades Wednesday, continuing their bounce following the company's better-than-expected first-quarter results. On Tuesday the TV network and stre...

11 months ago - Market Watch

After AMC Networks Posts Strong Q1 Numbers, Recently Installed CEO Kristin Dolan Says Her “Clear And Actionable Perspective” Will Help Get Company On Track

AMC Networks posted first-quarter earnings well ahead of Wall Street estimates, boosting shares in pre-market trading. The parent company of cable networks AMC and IFC and streaming services AcornTV a...

11 months ago - Deadline

AMC Networks stock jumps on Q1 top and bottom line beat

AMC Networks Inc.'s AMCX stock rose 11.2% in premarket trades Tuesday after the TV network and streaming services company's first-quarter results beat analysts' top and bottom line expectations. The c...

11 months ago - Market Watch

AMC Networks Inc. Reports First Quarter 2023 Results

NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the first quarter ended March 31, 2023.

11 months ago - GlobeNewsWire