|Bid||24.27 x 0|
|Ask||24.28 x 0|
|Day's Range||24.26 - 24.97|
|52 Week Range||22.34 - 36.65|
|Beta (3Y Monthly)||0.27|
|PE Ratio (TTM)||31.14|
|Earnings Date||Nov 12, 2019 - Nov 18, 2019|
|Forward Dividend & Yield||1.80 (7.24%)|
|1y Target Est||30.94|
It looks like Cineplex Inc. (TSE:CGX) is about to go ex-dividend in the next 4 days. This means that investors who...
TORONTO , Aug. 20, 2019 /CNW/ - (TSX: CGX), Cineplex Inc. announced today its cash dividend of $0.150 per share for the month of August 2019 payable on September 30, 2019 to shareholders of record on August ...
While some pundits may point to declining theatre attendance, media giant Cineplex Inc. (TSX:CGX) looks like a buy at the moment.
Cutting-edge, Multi-sensory Experience Offered at Scotiabank Theatre Chinook Showtimes and Tickets Available Now at Theatre Box Office, Cineplex.com and Cineplex Mobile App LOS ANGELES and TORONTO , Aug. ...
TORONTO — The owner of Canada's largest chain of movie theatres says its strategic diversification into multiple forms of entertainment helped drive the company's second-quarter revenue to a record high $439.2 million.In the main theatre business, Cineplex Inc. said a 1.7 per cent decline in attendance from last year was offset by higher box office revenue per patron and higher concession revenue per patron.Secondary businesses — including advertising sales and alternative forms of entertainment — helped push up total revenue by $30 million or 7.3 per cent from $409.1 million in last year's second quarter.Cineplex says its media increased 21.5 per cent or $8.8 million to a second quarter record of $49.6 million due to the growth in both in-theatre advertising and out-of-theatre digital signage.Revenue from its amusement solutions business, which supplies equipment to third party arcades, bowling alleys and amusement parks, was up 16.8 per cent or $7 million to $48.4 million.The Rec Room group of leisure locations grew revenue by 33.4 per cent or $5.2 million to $20.9 million.However, net income was down compared with last year, a decline that Cineplex chief executive Ellis Jacob attributed largely to a couple of unusual circumstances.For one thing, "Avengers: Endgame" — one of the biggest box office draws in history — added to expenses at its theatre business because it was three hours long."So to make up the revenue, you had to extend the hours . . . and you end up with higher labour costs," Jacob said.In addition, he said, last year's profit included an unusual insurance payment received in the second quarter.As a result, Cineplex's 2019 second quarter net income fell to $19.4 million, or 31 cents per share, from $24.4 million, or 38 cents per share, in the comparable period last year.Analysts had estimated $429.08 million of revenue and $15.35 million or 24 cents of net income, according to financial markets data firm Refinitiv.Cineplex shares gained about six per cent to $24.41 in afternoon trading, but remained at the low end of a 52-week range between $22.34 and $36.65. Companies in this story: (TSX:CGX)David Paddon, The Canadian Press
TORONTO , Aug. 8, 2019 /CNW/ - (TSX: CGX) - Cineplex Inc. ("Cineplex") today released its financial results for the three and six months ended June 30 , 2019. Unless otherwise specified, all ...
Cineplex Inc (TSX:CGX) could be an attractive option for investors that are looking for some stable cash flow as well as a stock that has a lot of potential upside.
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Cineplex Inc. (TSX:CGX) is one of those stocks that could be a huge hit or continue to stagnate. The almost 8% dividend is tempting, but is it worth the risk?
Cineplex Inc (TSX:CGX) needs to ramp up its capital intensity to remain competitive, but first it must get rid of its dividend burden.
Yes, you can have rising dividends and great yields. Stocks like Inter Pipeline Ltd. (TSX:IPL), Cineplex Inc. (TSX:CGX), and Fiera Capital Corp (TSX:FSZ) deliver.
TORONTO , July 19, 2019 /CNW/ - (TSX: CGX), Cineplex Inc. announced today its cash dividend of $0.150 per share for the month of July 2019 payable on August 30, 2019 to shareholders of record on July 31, 2019. ...
TORONTO , July 11, 2019 /CNW/ - (TSX: CGX) – Cineplex Inc. today announced that it will release its Second Quarter 2019 results on Thursday August 8, 2019 and hold a conference call that morning at 10:00 ...
Cineplex Inc. (TSX:CGX) offers contrarian investors a cheap entry point into a generous dividend yield and massive upside from its diversification into the gaming industry and more.
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