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Lions Gate Entertainment (Lions Gate Entertainment) Preferred Stock : $0 Mil (As of Dec. 2023)


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What is Lions Gate Entertainment Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Lions Gate Entertainment's preferred stock for the quarter that ended in Dec. 2023 was $0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Lions Gate Entertainment's Enterprise Value for the quarter that ended in Dec. 2023 was $6,852 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Lions Gate Entertainment's Book Value per Share for the quarter that ended in Dec. 2023 was $-1.38.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Lions Gate Entertainment's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.45.


Lions Gate Entertainment Preferred Stock Historical Data

The historical data trend for Lions Gate Entertainment's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lions Gate Entertainment Preferred Stock Chart

Lions Gate Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Preferred Stock
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Lions Gate Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Lions Gate Entertainment Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Lions Gate Entertainment  (NYSE:LGF.A) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Lions Gate Entertainment's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Lions Gate Entertainment's Book Value per Share for the quarter that ended in Dec. 2023 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Lions Gate Entertainment's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lions Gate Entertainment Preferred Stock Related Terms

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Lions Gate Entertainment (Lions Gate Entertainment) Business Description

Traded in Other Exchanges
Address
250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8
Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.
Executives
Harkey John D Jr director 305 MAIN STREET, REDWOOD CITY CA 94063
Bruce Tobey officer: General Counsel LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Harry Sloan director, other: Chairman of the Board 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Mignon L Clyburn director 12601 PLANTSIDE DRIVE, LOUISVILLE KY 40299
Berg Corii D. officer: General Counsel LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Yvette Ostolaza director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Daniel E. Sanchez director C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Susan Mccaw director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Rachesky Mark H Md director, 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Brian Goldsmith officer: Chief Operating Officer LIONS GATE ENTERTAINMENT CORP., 2700 COLORADO AVENUE, SANTA MONICA CA 90292
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Institutional Partners Iii Lp 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Gordon Crawford director LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Arthur Evrensel director C/O 2200-1055 WEST HASTINGS STREET, VANCOUVER A1 V6E 2E9
Jon Feltheimer director, officer: Chief Executive Officer 2700 COLORADO AVENUE, STE 200, SANTA MONICA CA 90404

Lions Gate Entertainment (Lions Gate Entertainment) Headlines

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