BusinessWeek Logo
November 23, 2009 9:21 AM ET

Regal Entertainment Group

(RGC:NYSE)

LAST $13.48 USD
CHANGE TODAY 0.00 0.00%
VOLUME 300.0
As of November 20, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Regal Entertainment Group (RGC)

OPEN
--
PREVIOUS CLOSE
$13.48
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
04/16/09 - $14.83
52 WEEK LOW
11/24/08 - $7.58
MARKET CAP
2.1B
AVERAGE VOLUME 3 mo
1.5M
DILUTED EPS TTM
$0.59
SHARES OUTSTANDING
154.0M
EX-DATE
12/7/09
P/E TTM
23.0x
DIVIDEND
$0.72
DIVIDEND YIELD
5.34%
K = Thousands  M = Millions  B = Billions

related business week news

Analysts believe rising cinema attendance and promising movie lineups should boost Regal, Carmike, and Cinemark. More 3D screens would help

Romance tips from the media are hopelessly out of date. If you want to win a modern girl's heart, here's how to go about it

View More BusinessWeek News

RGC Details

Regal Entertainment Group, through its subsidiaries, operates a theatre circuit in the United States. The company develops, acquires, and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets. It operates its theatre circuit under the Regal Cinemas, United Artists, and Edwards brands. As of January 1, 2009, Regal Entertainment Group operated 6,801 screens in 552 theatres in 39 states and the District of Columbia. The company was founded in 2002 and is based in Knoxville, Tennessee.

RGC Top Compensated Officers

Chief Executive Officer and Director
Age: 42
Total Annual Compensation: $411.6K
President and Chief Operating Officer
Age: 49
Total Annual Compensation: $427.0K
Executive Chairman and Member of Executive Co...
Age: 55
Total Annual Compensation: $798.1K
Executive Vice President, Secretary, General ...
Age: 48
Total Annual Compensation: $334.6K
Compensation as of Fiscal Year 2008.

Key developments for Regal Entertainment Group (RGC)

Regal Entertainment Group Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended Oct. 1, 2009; Declares Quarterly Dividend Payable on December 17, 2009

Regal Entertainment Group reported unaudited consolidated earnings results for the third quarter and nine months ended Oct. 1, 2009. Total revenues for the third quarter ended October 1, 2009 were $673.5 million compared to total revenues of $757.6 million for the third quarter ended September 25, 2008. Net loss attributable to controlling interest was $1.8 million in the third quarter of 2009 compared to net earnings attributable to controlling interest of $31.0 million in the third quarter of 2008. Diluted loss per share was $0.01 for the third quarter of 2009 compared to diluted earnings per share of $0.20 during the third quarter of 2008. Adjusted diluted earnings per share were $0.05 for the third quarter of 2009 compared to $0.25 during the third quarter of 2008. Adjusted EBITDA was $105.9 million for the third quarter of 2009 and $146.9 million for the third quarter of 2008. The company reported income from operations of $38.4 million and loss before income taxes of $2.9 million against income from operations of $75.7 million and income before income taxes of $52.3 million for the same period a year ago. EBITDA was $88.7 million against $133.3 million for the same period a year ago. Net cash provided used in operating activities was $16.8 million against $29.4 million for the same period a year ago. Capital expenditures for the period were $25.4 million against $28.5 million for the same period a year ago. Total revenues for the three quarters ended October 1, 2009 were $2,128.3 million compared to total revenues of $2,060.2 million for the three quarters ended September 25, 2008. Net income attributable to controlling interest was $60.0 million in the first three quarters of 2009 compared to $82.8 million in the first three quarters of 2008. Diluted earnings per share were $0.39 for the first three quarters of 2009 compared to $0.53 during the first three quarters of 2008. Adjusted diluted earnings per share were $0.51 for the first three quarters of 2009 compared to $0.61 during the first three quarters of 2008. Adjusted EBITDA was $403.0 million for the first three quarters of 2009 and $402.4 million for the first three quarters of 2008. The company reported income from operations of $197.2 million and income before income taxes of $100.1 million against income from operations of $213.0 million and income before income taxes of $137.8 million for the same period a year ago. EBITDA was $366.4 million against $376.9 million for the same period a year ago. Net cash provided by operating activities was $220.0 million against $127.1 million for the same period a year ago. Capital expenditures for the period were $86.3 million against $99.1 million for the same period a year ago. The company's Board of Directors also declared a cash dividend of $0.18 per Class A and Class B common share, payable on December 17, 2009, to stockholders of record on December 9, 2009.

Regal Entertainment Group, Q3 2009 Earnings Call, Oct-29-2009

Regal Entertainment Group, Q3 2009 Earnings Call, Oct 29 2009

Regal Entertainment Group expected to Report Fiscal Year 2009 Results on February 16, 2010. This event was calculated by Capital IQ (Created on October 22, 2009).

Regal Entertainment Group expected to Report Fiscal Year 2009 Results on February 16, 2010. This event was calculated by Capital IQ (Created on October 22, 2009).

Stock Quotes

Company Lookup
Recently Viewed
RGC $13.48 USD +0.02
CDNS $6.09 USD 0.00
NCMI $14.75 USD 0.00
ROST $43.81 USD 0.00
SFLY $15.00 USD 0.00

Market data is delayed at least 20 minutes.

RGC Competitors

Company Last Change
Carmike Cinemas Inc $5.93 USD +0.26
Cinemark Holdings Inc $12.34 USD -0.13
Reading International Inc $4.03 USD -0.04
Village Roadshow Ltd A$1.80 AUD -0.005
The Walt Disney Co $30.01 USD -0.20
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation RGC Industry Range
Price/Earnings 41.5x
Price/Sales 0.7x
Price/Book NM Not Meaningful
Price/Cash Flow 8.1x
TEV/Sales NM Not Meaningful

RGC

 | 

RGC transactions

Type
Date
Target
No transactions in the last 6 months.

Companies Toolbox

Company Tools
Investing Tools



Close Recommend A Data Enhancement Or Correction

For Regal Entertainment Group (RGC) Snapshot

Submitting this data update / error report instantly puts the correct information in the hands of our researcher, who will investigate your report and, if necessary, make the changes to the company profile. Be sure to fill out the form completely.

Required Information Missing - Please enter your information in the following field(s):
DATA TO BE REVIEWED
Page Section*

Please indicate in which section the error appears. Section headers are in light gray type at the top of each CIC page module.

Data Point*

Please indicate which data is in error.

CONTACT INFORMATION

Please provide your name and email address in case our researchers need to get in touch with you as they investigate the error.

Your Name*
Your E-Mail Address*
YOUR RECOMMENDATION

Describe why you feel the data point is incorrect and indicate sources our researchers should check when they investigate the error.

Cancel Submit
You can drag this form within your browser window.

Thank you for submitting your information. We investigate data update requests and error reports as quickly as possible. Since some are easier to investigate than others, please be patient as we perform our research; it could take several weeks, depending on the nature of the error and whether your company is public or private.

You can drag this form within your browser window.