AMCX - AMC Networks Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
42.25
+0.89 (+2.15%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close41.36
Open41.45
Bid41.48 x 800
Ask42.29 x 800
Day's Range41.28 - 42.30
52 Week Range35.60 - 68.42
Volume458,217
Avg. Volume629,188
Market Cap2.347B
Beta (5Y Monthly)0.76
PE Ratio (TTM)5.26
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Is AMC Networks Inc.'s (NASDAQ:AMCX) CEO Paid Enough Relative To Peers?
    Simply Wall St.

    Is AMC Networks Inc.'s (NASDAQ:AMCX) CEO Paid Enough Relative To Peers?

    In 1995 Josh Sapan was appointed CEO of AMC Networks Inc. (NASDAQ:AMCX). First, this article will compare CEO...

  • Bloomberg

    Murder, Mystery and Tea: Acorn Leads Anglophile Streaming Market

    (Bloomberg) -- After watching the impeachment hearings recently, Salomé Samii turned to two streaming services to satisfy her Anglophile entertainment needs: Acorn TV and BritBox.They’ve become her preferred form of escapism: Agatha Christie’s spinster sleuths, murder mysteries set in quaint villages, and constant servings of tea and crumpets.“It’s comfort television in this time of rising anxiety and stress,” said Samii, 50, a retired lawyer. “No matter what happens, everyone makes a cup of tea and moves on.”Far away from the main streaming battlefield, where media and technology giants are spending billions of dollars to compete with Netflix Inc., Acorn TV and BritBox are competing for the wallets of those who love British TV.For now, Acorn TV is winning. This fall, the streaming service surpassed 1 million subscribers in the U.S. and Canada. Acorn TV also has something that some larger streaming services don’t: profits.While Disney+, Hulu, and the coming HBO Max and Peacock expect to lose money for years, Acorn TV is profitable because its costs are “a small fraction” of those of bigger services, said Josh Sapan, chief executive officer of its parent, AMC Networks Inc.Acorn TV isn’t spending massive sums of money for reruns of “Friends” or deals with famous showrunners. It hopes to complement — not compete with — the streaming giants, Sapan said. “They are in a different world of economics,” he said.Acorn TV costs $6 a month. BritBox is $7 a month and owned by BBC Studios and ITV Plc. While BritBox has fewer subscribers, the two-year-old service is newer and growing quickly, reaching 650,000 North American subscribers in July.They offer some of the same shows. For example, the nine seasons of the detective show “Vera” are divided between Acorn TV and BritBox, frustrating its fans.But they also differ in some ways. Unlike Acorn TV, BritBox streams live programming, including the most recent royal wedding, and makes episodes available within a day of their U.K. broadcast. Acorn TV has expanded into new markets and is making international shows from Australia, New Zealand, Canada and other countries, while BritBox only offers shows from the U.K. — a fact that it uses to make a subtle dig at its rival.“BritBox is the only authentic British content service in the market,” said Soumya Sriraman, BritBox’s founding president.Niche StrategyIn 2018, AMC Networks, which is controlled by the Dolan family, took over Acorn TV when it bought RLJ Entertainment in a $274 million deal. AMC Networks, home of cable channels like AMC and IFC and dramas such as “Better Call Saul” and “The Walking Dead,” is responding to the cord-cutting era with four niche streaming services. Besides Acorn TV, there’s Shudder for horror film fans; Sundance Now for indie film addicts; and Urban Movie Channel for black audiences. The four services have more than 2 million subscribers combined. By 2024, AMC Networks expects them to have as many as 7 million subscribers.Acorn TV and BritBox are two of dozens of niche streaming channels. Some of them, like Crunchyroll for anime fans and CuriosityStream for science and nature lovers, are more popular than the British-focused apps. But others — including FilmStruck, for arthouse-movie fans, and Seeso, for comedy lovers — have shut down, raising doubts about whether niche services can continue to survive in a crowded landscape.For Acorn TV, the big question is whether its owner can afford to keep investing as its cable-TV business struggles and the competition grows. AMC Networks shares slumped 28% last year, and ratings for its biggest show, “The Walking Dead,” have been declining. Meanwhile, BritBox’s owners are starting to pull back shows from Netflix and Acorn TV for their own service. Netflix has said it was spending about $500 million last year on more than 50 TV shows and films in Britain.An Acorn TV spokeswoman said the service is making more of its own original programming and licensing shows from other producers.But when deep-pocketed streaming giants like Netflix become interested in a genre, it makes it more expensive for niche services to license shows, according to Matthew Ball, the former head of strategy at Amazon Studios.Without the resources of a larger media company, Acorn TV looks for unique marketing opportunities. It targets fans of British TV on Facebook and offers trial subscriptions at public libraries because many shows on the service are based on famous books. AMC Networks recently struck a deal with the movie chain AMC Theatres (an unrelated company) in which customers who buy a ticket get an offer to sign up for Acorn TV and its owner’s other streaming services.“We’re going to find our way to them,” Sapan said. “We’re not going to wait for them to find their way to us.”Drawing ‘Clunatics’One of the first things that Acorn TV subscribers see when they open the app is Martin Clunes. With his protruding ears and scowling face, Clunes is largely unknown to American audiences. But he is famous in Britain, where he has a devoted fan base known as the “Clunatics.” Clunes stars in at least five shows on Acorn TV, including two travel documentaries and “Doc Martin,” where he plays a former surgeon who changes careers after developing a fear of blood.Some Acorn TV shows are unmistakably British. There’s Agatha Christie’s “Marple” about an older female detective who is “proper, demure and sharp as a tack,” according to the website. There’s also “Victoria Wood’s Nice Cup of Tea,” in which the comedian travels the world exploring “how this little leaf became such an important part of British life.” The New York Times included “Manhunt,” a Clunes-starring Acorn TV drama about a serial killer, on its list of “Best TV Shows of 2019.”Many fans of British TV subscribe to both Acorn TV and BritBox. Some merely enjoy the scenery of the English countryside or the characters’ accents, which one subscriber described on Twitter as “cotton candy on my ears.” Marilyn Arnold, a 74-year-old retiree in Des Moines, Iowa, pays for six streaming services because they all have some British TV shows: Acorn TV, BritBox, Netflix, Amazon, Hulu and HBO.“The British and Australian programs are far more interesting and the acting is superior to American television,” she said.Many like British TV shows because they feature older female protagonists, which is rare on American-made shows, said Stefanie Hutson, creator of IHeartBritishTV.com.“They tell stories American TV doesn’t tell anymore,” said Hutson, 39, who started the website to help her grandmother find British shows. “People say, ‘I haven’t seen a show like this since “Golden Girls” or “Murder She Wrote.”’ It moves them to tears because they’re so glad to see people like them in a show who are not forced to the sidelines.”To contact the author of this story: Gerry Smith in New York at gsmith233@bloomberg.netTo contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.net, John J Edwards IIIRob GolumFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.

  • Omega's Leon Cooperman Ups Bet on Gannett
    GuruFocus.com

    Omega's Leon Cooperman Ups Bet on Gannett

    Guru increases stake in newspaper publisher Continue reading...

  • Should Value Investors Pick AMC Networks (AMCX) Stock Now?
    Zacks

    Should Value Investors Pick AMC Networks (AMCX) Stock Now?

    Is AMC Networks (AMCX) a great pick from the value investor's perspective right now? Read on to know more.

  • How to Time the Markets Like an Investing Pro - December 10, 2019
    Zacks

    How to Time the Markets Like an Investing Pro - December 10, 2019

    In the long-run, does consistent market timing really matter to be a successful investor?

  • TheStreet.com

    The Final 4 Unsightly Stocks Going Into My Next Tax-Loss Selling Portfolio

    We'll track a dozen beaten-up stocks that could be subject to tax-loss selling at the end of 2019 to see whether they can stage comebacks in 2020.

  • Is AMC Networks Inc (AMCX) A Good Stock To Buy?
    Insider Monkey

    Is AMC Networks Inc (AMCX) A Good Stock To Buy?

    The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]

  • Should We Be Delighted With AMC Networks Inc.'s (NASDAQ:AMCX) ROE Of 50%?
    Simply Wall St.

    Should We Be Delighted With AMC Networks Inc.'s (NASDAQ:AMCX) ROE Of 50%?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Thomson Reuters StreetEvents

    Edited Transcript of AMCX earnings conference call or presentation 31-Oct-19 12:30pm GMT

    Q3 2019 AMC Networks Inc Earnings Call

  • GuruFocus.com

    Stocks That Fell to 3-Year Lows in the Week of Nov. 15

    HSBC Holdings, Macerich, AMC Networks and Taubman Centers present possible buying opportunities Continue reading...

  • Benzinga

    Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios

    The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...

  • 2 Stocks to Reduce on Disappointing Results
    GuruFocus.com

    2 Stocks to Reduce on Disappointing Results

    AMC Networks and The Michaels Companies disappoint their shareholders Continue reading...

  • Moody's

    AMC Networks Inc. -- Moody's announces completion of a periodic review of ratings of AMC Networks Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of AMC Networks Inc. New York, November 08, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of AMC Networks Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Introducing AMC Networks (NASDAQ:AMCX), The Stock That Dropped 30% In The Last Five Years
    Simply Wall St.

    Introducing AMC Networks (NASDAQ:AMCX), The Stock That Dropped 30% In The Last Five Years

    In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

  • New Strong Buy Stocks for November 1st
    Zacks

    New Strong Buy Stocks for November 1st

    New Strong Buy Stocks for November 1st

  • World Wrestling (WWE) Stock Down Despite Q3 Earnings Beat
    Zacks

    World Wrestling (WWE) Stock Down Despite Q3 Earnings Beat

    World Wrestling Entertainment's (WWE) Q3 revenues decline year over year. Lower revenues from the Live Events and Consumer Products business segments hurt the top line.

  • AMC Networks (AMCX) Beats Q3 Earnings Estimates
    Zacks

    AMC Networks (AMCX) Beats Q3 Earnings Estimates

    AMC Networks (AMCX) delivered earnings and revenue surprises of 38.69% and -2.70%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • 'Netflix of horror' hopes to capitalize on Halloween spending
    Yahoo Finance

    'Netflix of horror' hopes to capitalize on Halloween spending

    Halloween not only provides major opportunities for retailers. It's also a time for AMC Network's streaming service, Shudder, to scare customers towards profits.

  • Barrons.com

    AMC Networks Faces a Tough Audience for Third-Quarter Earnings, Analyst Says

    Third-quarter earnings for AMC Networks might have some weak spots, Bank of America Merrill Lynch warns.

  • Benzinga

    Bank Of America Downgrades AMC, Citing Limited Catalysts

    AMC Networks Inc’s (NASDAQ: AMCX ) third-quarter results could reflect higher licensing activity, offset by touch comparisons and subscription losses, according to Bank of America. The Analyst Bank of ...

  • Zacks

    Media Stock Earnings Lineup for Oct 31: WWE, AMCX, IMAX, SIRI

    Here we take a sneak peek into quarterly earnings expectations of four media stocks scheduled to report on Oct 31.

  • Are Investors Undervaluing AMC Networks (AMCX) Right Now?
    Zacks

    Are Investors Undervaluing AMC Networks (AMCX) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Were Hedge Funds Right About Souring On AMC Networks Inc (AMCX)?
    Insider Monkey

    Were Hedge Funds Right About Souring On AMC Networks Inc (AMCX)?

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. […]

  • Earnings Preview: AMC Networks (AMCX) Q3 Earnings Expected to Decline
    Zacks

    Earnings Preview: AMC Networks (AMCX) Q3 Earnings Expected to Decline

    AMC Networks (AMCX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.