Share on StockTwits

Lions Gate Entertainment Corp. (NYSE:LGF) declared a quarterly dividend on Tuesday, June 17th, Stock Ratings News reports. Investors of record on Monday, June 30th will be given a dividend of 0.05 per share on Friday, August 8th. This represents a $0.20 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Thursday, June 26th.

LGF has been the subject of a number of recent research reports. Analysts at Barrington Research reiterated an “outperform” rating on shares of Lions Gate Entertainment Corp. in a research note on Monday, June 9th. On the ratings front, analysts at Wunderlich cut their price target on shares of Lions Gate Entertainment Corp. from $43.00 to $37.00 in a research note on Monday, June 2nd. They now have a “buy” rating on the stock. Finally, analysts at Evercore Partners reiterated an “overweight” rating on shares of Lions Gate Entertainment Corp. in a research note on Monday, June 2nd. They now have a $36.00 price target on the stock, down previously from $42.00. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $35.15.

Lions Gate Entertainment Corp. (NYSE:LGF) traded down 1.26% during mid-day trading on Tuesday, hitting $26.65. The stock had a trading volume of 1,530,521 shares. Lions Gate Entertainment Corp. has a one year low of $24.54 and a one year high of $37.81. The stock has a 50-day moving average of $26.83 and a 200-day moving average of $29.07. The company has a market cap of $3.767 billion and a P/E ratio of 25.95.

Lions Gate Entertainment Corp. (NYSE:LGF) last announced its earnings results on Thursday, May 29th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. The company had revenue of $721.90 million for the quarter, compared to the consensus estimate of $843.36 million. During the same quarter in the previous year, the company posted $0.66 earnings per share. The company’s revenue for the quarter was down 8.1% on a year-over-year basis. On average, analysts predict that Lions Gate Entertainment Corp. will post $1.40 earnings per share for the current fiscal year.

Lions Gate Entertainment Corp. (NYSE:LGF) is a global entertainment company with a diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.