Regal Entertainment Group (NYSE:RGC) Analyst Estimates

Regal Entertainment Group (NYSE:RGC) Analyst Estimates

Regal Entertainment Group (NYSE:RGC) Analyst Estimates

Regal Entertainment Group (NYSE:RGC) stock is presently standing at about $22.56 and lots of equity researc

Extra Space Storage Inc. (NYSE:EXR) stock is presently standing at about $73.25 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 15 analysts covering the company is $80.00, which suggests the stock could still rise over 8 percent. The highest analyst price target is $95.00, which implies a rally of 70 percent. And a quick view of analyst notes show that 3 are rating the stock a buy while 3 rate EXR a strong buy. There are 9 equity research firms advocating a Hold and 0 consider it Sell.

Jefferies analysts provided their view on Extra Space Storage Inc. (NYSE:EXR) recently. The rating firm issued a Hold rating to this company in a research note released on Dec 20, 2016. Morgan Stanley analysts disclosed their opinion on Extra Space Storage Inc. (NYSE:EXR) recently. The rating firm gave a Underweight rating to this stock in a research note published on Dec 13, 2016. According to a research note disclosed on Aug 12, 2016, analysts at Raymond James have lowered their rating on these shares from Strong Buy to Outperform.

Extra Space Storage Inc. (NYSE:EXR) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Director Kirk Spencer sold 20,000 company shares for 1592600, in a transaction on 2017-03-01. Following the transaction, the Director is left with a stake of 2,819,921 shares, currently valued at $206559213. Meanwhile, EVP/Chief Marketing Officer OVERTURF JAMES sold 1,300 shares worth $96330, through a transaction dated 2017-02-08. Following the completion of the transaction, the insider is left with a stake of 90,757 shares, amounting $6647950.25. EXR Director Kirk Spencer also sold 20,000 shares, at a stock price of $71.88. This transaction occurred on 2017-02-01 totals $1437600. After this transaction, the insider’s stake stands at 2,839,921 shares, with a market value of $208024213.

Executives hold 2.70 percent of the stock. Kenneth M. Woolley is one of the biggest insider owners in Extra Space Storage Inc. (NYSE:EXR), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 840,018 shares which have current market value of around $61531318.5.Spencer F. Kirk is another major inside shareholder in the company. The insider owns 664,430 shares as of 0.53%, currently worth $48669497.5. Richard S. Tanner is ranked as third insider holder of the stock. This insider holds 646,247 shares with a market value around $47337592.75 as of recent close.

Extra Space Storage Inc. (NYSE:EXR) Earnings Outlook

In Extra Space Storage Inc. (NYSE:EXR)’s latest quarter, EPS moved to $1.03 from $1.02 in preceding quarter and revenues reached at $229.01M compared to $224.45M. Analysts had expected Extra Space Storage Inc. (NYSE:EXR) to post net income of about $0.98 per share on $227.18M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.79 to $1.03. That is compared with the $0.86 in EPS it reported during the same period a year ago.

EXR, Extra Space Storage Inc., NYSE:EXR

6 analysts covering the company is $23.50, which suggests the stock could still rise over 4 percent. The highest analyst price target is $31.00, which implies a rally of 63 percent. And a quick view of analyst notes show that 1 are rating the stock a buy while 0 rate RGC a strong buy. There are 0 equity research firms advocating a Hold and 0 consider it Sell.

Credit Suisse analysts provided their view on Regal Entertainment Group (NYSE:RGC) recently. The rating firm issued a Underperform rating to this company in a research note released on Feb 01, 2017. Loop Capital analysts disclosed their opinion on Regal Entertainment Group (NYSE:RGC) recently. The rating firm gave a Hold rating to this stock in a research note published on Aug 24, 2016. According to a research note disclosed on Jul 27, 2016, analysts at Hilliard Lyons have lowered their rating on these shares from Long-term Buy to Neutral.

Regal Entertainment Group (NYSE:RGC) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its EVP, General Counsel, Sec. BRANDOW PETER B sold 20,233 company shares for 455240, in a transaction on 2017-03-09. Following the transaction, the EVP, General Counsel, Sec. is left with a stake of 212,715 shares, currently valued at $4798850. Meanwhile, President and COO DUNN GREGORY W sold 26,050 shares worth $577010, through a transaction dated 2017-03-09. Following the completion of the transaction, the insider is left with a stake of 67,052 shares, amounting $1512693.12. RGC 10% Owner ANSCHUTZ PHILIP F also sold 13,000,000 shares, at a stock price of $22.95. This transaction occurred on 2016-11-23 totals $298350000. After this transaction, the insider’s stake stands at 24,000,000 shares, with a market value of $541440000.

Executives hold 1.98 percent of the stock. Philip F. Anschutz is one of the biggest insider owners in Regal Entertainment Group (NYSE:RGC), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 50,000,000 shares which have current market value of around $1128000000.Michael L. Campbell is another major inside shareholder in the company. The insider owns 698,199 shares as of 0.44%, currently worth $15751369.44. Amy E. Miles is ranked as third insider holder of the stock. This insider holds 637,385 shares with a market value around $14379405.6 as of recent close.

Regal Entertainment Group (NYSE:RGC) Earnings Outlook

In Regal Entertainment Group (NYSE:RGC)’s latest quarter, EPS moved to $0.33 from $0.29 in preceding quarter and revenues reached at $812.60M compared to $811.50M. Analysts had expected Regal Entertainment Group (NYSE:RGC) to post net income of about $0.25 per share on $801.36M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.13 to $0.25. That is compared with the $0.27 in EPS it reported during the same period a year ago.

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