AMC Entertainment Holdings Inc. (NYSE:AMC) declared a quarterly dividend on Friday, November 4th. Investors of record on Monday, December 5th will be given a dividend of 0.20 per share on Monday, December 19th. This represents a $0.80 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Thursday, December 1st.

AMC Entertainment Holdings (NYSE:AMC) opened at 34.95 on Friday. The company has a 50 day moving average price of $32.61 and a 200 day moving average price of $30.17. The firm has a market capitalization of $3.40 billion, a P/E ratio of 27.58 and a beta of 1.54. AMC Entertainment Holdings has a 52-week low of $19.28 and a 52-week high of $35.65.

AMC Entertainment Holdings (NYSE:AMC) last posted its quarterly earnings results on Monday, November 7th. The company reported $0.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.08. The business earned $779.77 million during the quarter, compared to the consensus estimate of $781.56 million. AMC Entertainment Holdings had a net margin of 4.02% and a return on equity of 7.95%. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 earnings per share. On average, equities analysts forecast that AMC Entertainment Holdings will post $1.03 EPS for the current fiscal year.

Dividend History for AMC Entertainment Holdings (NYSE:AMC)

Several research firms have commented on AMC. B. Riley restated a “buy” rating and issued a $37.00 price target on shares of AMC Entertainment Holdings in a research note on Friday, August 5th. Benchmark Co. boosted their price target on shares of AMC Entertainment Holdings from $36.40 to $41.09 and gave the stock a “buy” rating in a research note on Thursday, November 17th. Stifel Nicolaus boosted their price target on shares of AMC Entertainment Holdings from $32.00 to $36.00 and gave the stock a “buy” rating in a research note on Tuesday, November 8th. Wedbush restated an “outperform” rating and issued a $33.00 price target on shares of AMC Entertainment Holdings in a research note on Wednesday, September 21st. Finally, Barclays PLC restated an “outperform” rating and issued a $29.00 price target on shares of AMC Entertainment Holdings in a research note on Tuesday, November 8th. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $33.85.

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A number of large investors have recently made changes to their positions in the stock. Janus Capital Management LLC boosted its stake in shares of AMC Entertainment Holdings by 1.6% in the second quarter. Janus Capital Management LLC now owns 2,369,906 shares of the company’s stock worth $65,433,000 after buying an additional 36,587 shares during the period. Vanguard Group Inc. boosted its stake in shares of AMC Entertainment Holdings by 13.6% in the second quarter. Vanguard Group Inc. now owns 2,005,153 shares of the company’s stock worth $55,362,000 after buying an additional 239,379 shares during the period. Waddell & Reed Financial Inc. boosted its stake in shares of AMC Entertainment Holdings by 14.7% in the second quarter. Waddell & Reed Financial Inc. now owns 572,825 shares of the company’s stock worth $15,815,000 after buying an additional 73,625 shares during the period. BlackRock Fund Advisors boosted its stake in shares of AMC Entertainment Holdings by 8.3% in the third quarter. BlackRock Fund Advisors now owns 553,175 shares of the company’s stock worth $17,198,000 after buying an additional 42,385 shares during the period. Finally, 1832 Asset Management L.P. boosted its stake in shares of AMC Entertainment Holdings by 13.6% in the second quarter. 1832 Asset Management L.P. now owns 543,067 shares of the company’s stock worth $24,994,000 after buying an additional 65,134 shares during the period. 20.77% of the stock is owned by hedge funds and other institutional investors.

About AMC Entertainment Holdings

AMC Entertainment Holdings, Inc is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc (AMCE), American Multi-Cinema, Inc (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. The Company operates through theatrical exhibition operations segment.

5 Day Chart for NYSE:AMC

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