CARMIKE CINEMAS, INC.
When movie theater visitors buy tickets, theater stockholders can receive rewards. Movie theater chains Regal Entertainment Group, (NYSE: RGC) Cinemark Holdings, (NYSE: CNK) and The Marcus Corporation (NYSE: MCS) all pay out dividends. Recent results suggest that business has picked up, which could make movie theater stocks more appealing dividend picks.
The Top Dog
Regal shows lots of movies. This company boasts that it's the largest theater chain in more »
Going to see a movie used to be a good evening out with the family or a date, but now, people seem to be spending more time at home enjoying their personal entertainment systems. Since peaking in 2002, domestic theater attendance has dropped from 1.58 billion tickets sold to a projected 1.27 billion tickets to be sold in 2013. With Americans staying in to watch TV, what can more »
The cinema industry is dead. In the mass media, such articles have become commonplace. Some articles blame the lack of creativity of filmmakers. Others note premium video-on-demand services and distributors tinkering with release windows. But concerns about the death of cinemas are much overstated. Carmike Cinemas (NASDAQ: CKEC) offers a great way to exploit this pessimism.
The first thing to note when looking at this industry is that although attendance more »
In the small-cap sector, I have located three companies that are producing strong cash flows relative to their share price in addition to having strong fundamentals. These stocks may provide deep value to investors.
How to find these stocks
My screen had the following criteria:
- Market cap qualifying them as a small cap
- Earnings per share growth of 20% or more for current fiscal year (forecasted)
- ROA TTM of greater more »
With nearly 7,000 screens and more than 500 theater locations, Regal Entertainment Group (NYSE: RGC) is the nation’s largest developer and operator of multi-screen theaters.
In its recently filed 10-K, they present a variety of risks the company faces, including the growing competition from video-on-demand and other home entertainment platforms, which I analyzed in my previous post “Regarding the Risks of Being Regal”.
But wait … there are even more »
Size matters, or at least that is what the market thinks, assigning the smallest motion picture exhibitor, Carmike Cinemas (NASDAQ: CKEC), a low forward P/E multiple. However, in this case, the undervaluation for Carmike Cinemas is further justified by the fact that the company is highly-geared and does not pay a dividend.
Carmike Cinemas is the nation’s fourth-largest motion picture exhibitor, with 249 theatres and 2,502 screens more »
Size matters, as least that is what the market thinks, assigning the smallest motion picture exhibitor, Carmike Cinemas (NASDAQ: CKEC) with a lower forward P/E multiple. However, in this case, the undervaluation for Carmike Cinemas is further justified by the fact that it is highly geared and does not pay a dividend.
Carmike Cinemas is the nation’s fourth largest motion picture exhibitor with 249 theatres and 2,502 more »
While the market continues to push the boundaries of its highs, individual stocks are doing their best to pop on to people's radars. One stock which has enjoyed a renaissance since its March 2009 low is IMAX Corp (NYSE: IMAX).
IMAX had plummeted to the depths of $2.41 a share during the worst of the credit crisis, but managed a fifteen-fold increase in share price over the next more »
As we enter the busy movie release period during this holiday season, now is a good time to take a look at some of the movie theater operators and other investment ideas related to the slew of films coming our way in the next 60 days. The North American cinema business is dominated by theater owners Regal Entertainment Group (NYSE: RGC), AMC Entertainment, which is owned by a private Chinese more »
2012 has been a year of ups and downs for stock market aficionados, and that’s speaking lightly. There have been plenty of shooting stars like Apple and Time Warner, amidst a plethora of disappointing investments – yes Groupon and Tempur-Pedic, we’re looking at you. On the whole, the S&P is still up over 10 percent, having investors hoping that this whole LIBOR mess doesn’t rain on their more »
Motion picture company Cinemark Holdings, Inc (NYSE: CNK) missed the mark at the box office. Earnings for the fiscal year 2011 dropped by 11% to $130.6 million ($1.14 per share) from $146.1 million the previous year. Meanwhile, annual revenue rose 7% to $2.28 billion from $2.14 billion.
The fourth-quarter and big holiday movie season brought in 2.3% more movie-goers. However, more attendance did not more »
Many people fantasize about being in the movie business, but in reality it's a tough gig. Particularly if you're an operator of theater chains, particularly now. As of this past Christmas, box office revenue in North America slid nearly 4% year on year to $10 billion. Considering that, is now a good time to yell "FIRE!" in a crowded theater and sell or short positions of exhibitor stocks more »