Lions Gate Entertainment Corp. (LGF.B)

NYSE: LGF.B · IEX Real-Time Price · USD
9.57
+0.26 (2.79%)
Apr 19, 2024, 4:00 PM EDT - Market closed
2.79%
Market Cap 2.31B
Revenue (ttm) 3.98B
Net Income (ttm) -1.16B
Shares Out 241.84M
EPS (ttm) -4.96
PE Ratio n/a
Forward PE 10.09
Dividend n/a
Ex-Dividend Date n/a
Volume 730,662
Open 9.32
Previous Close 9.31
Day's Range 9.32 - 9.58
52-Week Range 6.63 - 11.33
Beta 1.32
Analysts Buy
Price Target 12.50 (+30.62%)
Earnings Date May 23, 2024

About LGF.B

Lions Gate Entertainment Corp. engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally. The company operates through three segments: Motion Picture, Television Production, and Media Networks. The Motion Picture segment engages in the development and production of feature films; acquisition of North American and worldwide distribution rights; North American theatrical, home entertainment, and television distribution of feature films produced and acquired; and wo... [Read more]

Industry Entertainment
Founded 1986
Employees 1,500
Stock Exchange NYSE
Ticker Symbol LGF.B
Full Company Profile

Financial Performance

In 2022, LGF.B's revenue was $3.85 billion, an increase of 6.95% compared to the previous year's $3.60 billion. Losses were -$2.01 billion, 968.1% more than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for LGF.B stock is "Buy." The 12-month stock price forecast is $12.5, which is an increase of 30.62% from the latest price.

Price Target
$12.5
(30.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lionsgate Says Studio To Split From Starz In April

Lionsgate Vice Chair Michael Burns said the company is set to split by year end with a first step in early April as the studio merges with a SPAC and starts to trade separately from Starz under the st...

6 weeks ago - Deadline

Lionsgate TV Chairman Kevin Beggs On Industry Ramp-Up After Strikes: “The Bar Is A Little Higher” As Buyers Sweat Budgets And Trim Slates

Lionsgate Television Chairman Kevin Beggs says a transformed marketplace has taken shape in the wake of last year's dual strikes and waves of cost-cutting affecting many TV players.

2 months ago - Deadline

Lionsgate Posts Better-Than-Expected Quarterly Results Thanks To Potent Film Slate, Though Strikes Hammer TV Production

Lionsgate posted better-than-expected earnings in its fiscal third quarter, even as the dual strikes of 2023 took a bite out of its television business. The company, which is poised to split into two ...

2 months ago - Deadline

LIONSGATE REPORTS RESULTS FOR THIRD QUARTER FISCAL 2024

Third Quarter Revenue was $975.1 Million; Operating Loss was $43.5 Million; Cash Flows Provided by Operating Activities was $71.1 Million Net Loss Attributable to Lionsgate Shareholders was $106.6 Mil...

2 months ago - PRNewsWire

LIONSGATE TO RELEASE THIRD QUARTER EARNINGS FOR FISCAL 2024 AND HOLD ANALYST AND INVESTOR CONFERENCE CALL AFTER MARKET CLOSE ON THURSDAY, FEBRUARY 8, 2024

SANTA MONICA, Calif. and VANCOUVER, BC , Jan. 25, 2024 /PRNewswire/ -- Lionsgate (NYSE: LGF.A, LGF.B) today announced it will release its financial results for the fiscal 2024 third quarter ended Dece...

3 months ago - PRNewsWire

Lionsgate Closes Acquisition Of eOne From Hasbro

Lionsgate said today its acquisition of global entertainment platform eOne from Hasbro is done. The transaction announced last August adds 6,500 film and television titles to Lionsgate's large library...

Other symbols: HAS
4 months ago - Deadline

Lionsgate Closes Acquisition of Global Content Platform eOne

Transaction Adds 6,500 Titles to Lionsgate's Library, Strengthens its Scripted and Unscripted Television Business and Expands its Canadian and UK Presence  SANTA MONICA, Calif. and VANCOUVER, BC , Dec...

4 months ago - PRNewsWire

Lionsgate to spin out Hollywood studio from Starz in $4.6B deal

Lionsgate unveiled a deal to spin off its studio business in a $4.6 billion special purpose acquisition deal to create a separately traded public company. The deal will see Lionsgate's studio business...

4 months ago - New York Post

Lionsgate Will Spin Off From Starz In Deal Valuing Business At $4.6 Billion

Lionsgate—the movie studio behind "The Hunger Games," "John Wick" and other franchise hits—announced Friday it will merge with a special-purpose acquisition company in a long-anticipated deal that sep...

4 months ago - Forbes

Lionsgate's stock surges after deal to merge studios business with SPAC Screaming Eagle

Shares of Lions Gate Entertainment Corp. LGF.B, +3.66% LGF.A, +4.10% leapt 7.4% toward a 19-month high in premarket trading Friday, after the movie production and TV programming company announced a de...

Other symbols: SCRM
4 months ago - Market Watch

Lionsgate Studios To Split With Starz In SPAC Deal

Lionsgate Studios – that's the TV studio, motion picture group and film and television libraries — will merge with Screaming Eagle Acquisition Corp., a SPAC, or special purpose acquisition company led...

4 months ago - Deadline

LIONSGATE STUDIOS TO LAUNCH AS A SEPARATELY TRADED PUBLIC COMPANY

Establishes One of the Largest Publicly Traded Pure Play Content Companies with an Enterprise Value of Approximately $4.6 Billion Deal Expected to Raise Approximately $350 Million of Total Gross Proce...

Other symbols: SCRM
4 months ago - PRNewsWire

LIONSGATE - STUDIOS TO LAUNCH AS A SEPARATELY TRADED PUBLIC COMPANY

Establishes One of the Largest Publicly Traded Pure Play Content Companies with an Enterprise Value of Approximately $4.6 Billion Deal Expected to Raise Approximately $350 Million of Total Gross Proce...

Other symbols: SCRM
4 months ago - PRNewsWire

LIONS GATE SHAREHOLDERS OVERWHELMINGLY APPROVE PROPOSAL CALLING ON BOARD TO ADOPT ONE-SHARE, ONE-VOTE GOVERNANCE STRUCTURE

Neuberger Berman Urges the Board to Follow the Will of Shareholders and Modify the Plan of Arrangement in Connection with the Company's Planned Business Separation NEW YORK , Nov. 30, 2023 /PRNewswire...

5 months ago - PRNewsWire

Lionsgate suspends advertising on X

Lions Gate Entertainment has suspended advertising on Elon Musk-owned X, a spokesperson for the company said on Friday.

5 months ago - Reuters

Lions Gate shares rise on surprise profit, Plug Power stock plunges on supply warning and more moving stocks

Synaptics Inc.'s SYNA, -0.16% stock surged 14% after the semiconductor company reported quarterly results that topped analyst revenue and earnings estimates.

Other symbols: PLUGSYNA
5 months ago - Market Watch

Lionsgate CEO Jon Feltheimer On Revving Up Production, Managing Costs As Hollywood Gets “Back To Work Making Great Content”

Jon Feltheimer, CEO of the first media company to report quarterly earnings since SAG-AFTRA struck a deal with studios, said he's so pleased that “we can now all get back to making great content for a...

5 months ago - Deadline

Lionsgate Quarter Beats Street As Motion Picture Sales Soar, Profits Rise Across Divisions

Lionsgate revenue jumped to over $1 billion in the latest quarter, up from $858 million, driven by a nearly 80% jump in the motion picture division. A net loss of $888 — due to some big one-time charg...

5 months ago - Deadline

Lionsgate Increases Majority Stake In 3 Arts Entertainment

EXCLUSIVE: Lionsgate Entertainment is in final negotiations to acquire an additional ownership stake in management and production company 3 Arts Entertainment, sources tell Deadline. The exact size of...

5 months ago - Deadline

Shares of Lions Gate rally after surprise profit, steady outlook despite strikes

Shares of Lions Gate Entertainment Corp. LGF.A, -0.33% jumped 10.3% after hours on Thursday after the TV, film and media giant reported a surprise second-quarter profit and stuck with its full-year ou...

5 months ago - Market Watch

LIONSGATE REPORTS RESULTS FOR SECOND QUARTER FISCAL 2024

Second Quarter Revenue was $1.0 Billion; Operating Loss was $817.5 Million; Cash Flows Provided by Operating Activities were $301.1 Million Operating Income was $58.0 Million Before Impact of Non-Cash...

5 months ago - PRNewsWire

Starz to lay off more than 10% of employees ahead of Lionsgate spinoff

Starz is laying off more than 10% of employees and is exiting UK and Australia.

6 months ago - CNBC

Lionsgate to Release Second Quarter Earnings for Fiscal 2024 and Hold Analyst and Investor Conference Call After Market Close on Thursday, November 9, 2023

SANTA MONICA, Calif. and VANCOUVER, BC , Oct. 19, 2023 /PRNewswire/ -- Lionsgate (NYSE: LGF.A, LGF.B) today announced it will release its financial results for the fiscal 2024 second quarter ended Sep...

6 months ago - PRNewsWire

NEUBERGER BERMAN SUBMITS SHAREHOLDER PROPOSAL TO LIONS GATE ENTERTAINMENT SEEKING EQUAL VOTING GOVERNANCE STRUCTURE

Company's Corporate Governance Structure Should be Repositioned as Part of the Proposed Separation of Starz Neuberger Berman Calls Upon the Board to Embrace This Core Governance Principle and Take Act...

6 months ago - PRNewsWire

Lionsgate CEO Jon Feltheimer Sees Pay Rebound In Fiscal 2023,

Lionsgate CEO Jon Feltheimer's compensation rebounded to prior levels in fiscal 2023, reaching $21.5 million. In the most recent fiscal year, the exec's pay totaled $5.6 million, down sharply from $19...

6 months ago - Deadline