Wall Street analysts expect that Lions Gate Entertainment Corp. (NYSE:LGF.A) will report sales of $1.01 billion for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have issued estimates for Lions Gate Entertainment’s earnings, with the highest sales estimate coming in at $1.04 billion and the lowest estimate coming in at $962.87 million. Lions Gate Entertainment reported sales of $1.14 billion in the same quarter last year, which suggests a negative year over year growth rate of 11.4%. The business is scheduled to report its next quarterly earnings results on Thursday, February 14th.

According to Zacks, analysts expect that Lions Gate Entertainment will report full year sales of $3.92 billion for the current year, with estimates ranging from $3.80 billion to $4.13 billion. For the next financial year, analysts expect that the business will post sales of $4.24 billion, with estimates ranging from $4.10 billion to $4.50 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow Lions Gate Entertainment.

Several brokerages recently weighed in on LGF.A. ValuEngine upgraded Lions Gate Entertainment from a “strong sell” rating to a “sell” rating in a research note on Friday, September 28th. Canaccord Genuity set a $26.00 target price on Lions Gate Entertainment and gave the stock a “buy” rating in a research note on Friday, August 10th. Zacks Investment Research downgraded Lions Gate Entertainment from a “hold” rating to a “sell” rating in a research note on Tuesday, August 21st. Barrington Research dropped their target price on Lions Gate Entertainment from $34.00 to $27.00 and set an “outperform” rating on the stock in a research note on Friday, August 17th. Finally, Cowen upgraded Lions Gate Entertainment from a “market perform” rating to an “outperform” rating in a research note on Friday, November 16th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. Lions Gate Entertainment presently has an average rating of “Buy” and an average price target of $30.80.

Shares of NYSE:LGF.A traded down $0.17 on Monday, reaching $17.30. The company had a trading volume of 1,263,805 shares, compared to its average volume of 835,464. Lions Gate Entertainment has a 52-week low of $16.91 and a 52-week high of $36.48. The company has a market capitalization of $3.75 billion, a PE ratio of 14.07, a P/E/G ratio of 2.63 and a beta of 1.28. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.85.

The company also recently declared a quarterly dividend, which was paid on Thursday, November 8th. Shareholders of record on Sunday, September 30th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $0.36 annualized dividend and a yield of 2.08%. Lions Gate Entertainment’s payout ratio is presently 29.27%.

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Earnings History and Estimates for Lions Gate Entertainment (NYSE:LGF.A)

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