Lions Gate Entertainment Corporation (NYSE:LGF) Updates On Dividend Release Date


On 2016-06-21, Lions Gate Entertainment Corporation (NYSE:LGF) confirmed the dividend disbursement of $0.09 a share to shareholders as on record 2016-06-30. The firm will release dividend on 2016-08-05 while ex-dividend date is reported to be 2016-06-28.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Lions Gate Entertainment Corporation (NYSE:LGF) paid a total of $0.09 per share in dividends. This figure stood at $0.09 a share in the same period a year ago indicating a deviation of 5.8161%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $27.636 on the stock. This figure is the average of recommendations offered by 11 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $41 and $22, respectively.

Taking the mathematical rating formula, the price for Lions Gate Entertainment Corporation (NYSE:LGF) stands at 1.58. Earnings Review Lions Gate Entertainment Corporation (NYSE:LGF) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-14. For the period ending on 2016-09-30, experts are expecting EPS of $-0.16.

Coming to the quarter ending on 2016-03-31, Lions Gate Entertainment Corporation (NYSE:LGF) recorded EPS of $0.09. The reported numbers came lower than the analysts’ estimates of $-0.23, demonstrating a miss of $0.32 as against reported figures.

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