Shares of Regal Entertainment Group (RGC) are trading -34.99% downward from the 52-week high mark and 15.94% above from the fifty two-week low mark. RBC Capital Markets maintained it with "Sector Perform" rating and $25 target in Thursday, April 27 report.
The company reported its EPS on 6/29/2017. Additionally Regal Entertainment Group Class recently announced a dividend which was paid on Friday September 15th, 2017. For the quarter, shares have been noted at -17.53%. Regal Entertainment Group had a net margin of 5.24% and a negative return on equity of 20.42%. The company beat the analyst EPS Estimate with the difference of $0.03. After a recent check, it is observed that the insiders for the firm now own 0.30% shares. They expect $0.46 EPS, down 36.11% or $0.26 from last year's $0.72 per share. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & global copyright and trademark legislation. The correct version of this report can be viewed at https://www.dispatchtribunal.com/2017/10/12/brokers-set-expectations-for-regal-entertainment-groups-fy2017-earnings-rgc.html. It increased, as 33 investors sold RGC shares while 66 reduced holdings. Finally, Wedbush reiterated an "outperform" rating and set a $23.00 price target (up from $19.00) on shares of Regal Entertainment Group in a report on Monday. There are brokerage firms with lower targets than the average, including one setting a price target of $13. Topeka Capital Markets has "Hold" rating and $21 target. This recommendation lands on a scale between 1 and 5. The other 10, though not evenly; between analysts who think you should buy Regal Entertainment Group versus those who think you should sell it.
Analysts await Regal Entertainment Group (NYSE:RGC) to report earnings on October, 26. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The stock's average target of $24 is 49.72% above today's ($16.03) share price. The trading saw a strength at $24.79, the 52-week high. Investors of record on Tuesday, September 5th were given a $0.22 dividend. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. The ex-dividend date was Thursday, August 31st. Ameriprise Fincl has invested 0.04% in Regal Entertainment Group (NYSE:RGC).
Regal Entertainment Group declared that its board has initiated a stock buyback program on Thursday, August 31st that allows the company to repurchase $50.00 million in shares. The company has market cap of $2.57 billion. This is usually interpreted as a good sign as traders widely believe rising stock should see increasing volume. Also, CFO David Ownby purchased 7,500 shares of the company's stock in a transaction that occurred on Thursday, August 24th. The stock was purchased at an average cost of $14.04 per share, for a total transaction of $105,300.00. Icon Advisers Inc acquired 19,500 shares as Regal Entertainment Group Clas (RGC)'s stock declined 4.72%. Also, Director Thomas D. Bell, Jr. acquired 25,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 29th. Price to cash per share ration is at 10.58. The disclosure for this purchase can be found here. The stock spiked 4.99% last month and is down -22.33 this year. FINL's insider ownership was 1.70%.
RGC has been the topic of a number of analyst reports. Ltd. raised its holdings in Regal Entertainment Group by 85.4% during the 1st quarter. Following the completion of the acquisition, the chief financial officer now directly owns 229,573 shares of the company's stock, valued at approximately $3,223,204.92. Ffcm LLC lifted its stake in shares of Regal Entertainment Group by 123.4% during the second quarter. Farmers National Bank now owns 8,100 shares of the company's stock worth $176,000 after purchasing an additional 500 shares in the last quarter. Public Employees Retirement System of OH increased its position in Regal Entertainment Group by 79.6% in the 2nd quarter.
Altrinsic Global Advisors Llc increased Xl Group Ltd stake by 429,492 shares to 2.16 million valued at $94.60M in 2017Q2. However, the institutional investors are observed to own 0.00% of the total shares. Moreover, Cap Fund has 0% invested in Regal Entertainment Group (NYSE:RGC).