GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hemisphere Media Group Inc (NAS:HMTV) » Definitions » Preferred Stock

Hemisphere Media Group (Hemisphere Media Group) Preferred Stock : $0.0 Mil (As of Jun. 2022)


View and export this data going back to 2013. Start your Free Trial

What is Hemisphere Media Group Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Hemisphere Media Group's preferred stock for the quarter that ended in Jun. 2022 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Hemisphere Media Group's Enterprise Value for the quarter that ended in Jun. 2022 was $525.5 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Hemisphere Media Group's Book Value per Share for the quarter that ended in Jun. 2022 was $5.87.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Hemisphere Media Group's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $-0.10.


Hemisphere Media Group Preferred Stock Historical Data

The historical data trend for Hemisphere Media Group'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.

* Premium members only.

Hemisphere Media Group Preferred Stock Chart

Hemisphere Media Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hemisphere Media Group Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Hemisphere Media Group 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.


Hemisphere Media Group  (NAS:HMTV) 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.

Hemisphere Media Group's Enterprise Value for the quarter that ended in Jun. 2022 is calculated as

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

Hemisphere Media Group's Book Value per Share for the quarter that ended in Jun. 2022 is calculated as

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

Hemisphere Media Group's Earnings per Share (Diluted) (EPS) for the three months ended in Jun. 2022 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.


Hemisphere Media Group Preferred Stock Related Terms

Thank you for viewing the detailed overview of Hemisphere Media Group's Preferred Stock provided by GuruFocus.com. Please click on the following links to see related term pages.


Hemisphere Media Group (Hemisphere Media Group) Business Description

Traded in Other Exchanges
N/A
Address
4000 Ponce de Leon Boulevard, Suite 650, Coral Gables, FL, USA, 33146
Hemisphere Media Group Inc is a Spanish-language media company. It owns and operates several Spanish-language networks and content production platform, including movie and telenovela channels, Hispanic entertainment genres, and the cable television networks. The several Spanish Spanish-language networks and content production platform owned by the company includes Cinelatino, WAPA, WAPA America, Pasiones, Centroamerica TV and Television Dominicana. The company operates through a single segment being the operation of Spanish-language Networks and content platforms. Hemisphere generates revenue from the sale of advertising and broadcasting.
Executives
Gemini Latin Holdings, Llc 10 percent owner 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Gato Investments Lp 10 percent owner 405 LEXINGTON AVE, 48TH FL, NEW YORK NY 10151
Hwk Parent, Llc 10 percent owner C/O INTERMEDIA ADVISORS, LLC, 228 PARK AVENUE SOUTH, PMB 67521, NEW YORK NY 10003-1502
Fine Capital Partners, L.p. 10 percent owner 3 COLUMBUS CIRCLE, 15TH FLOOR, NEW YORK NY 10019
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
John Anthony Garcia officer: EVP, SALES & REVENUE C/O HEMISPHERE MEDIA GROUP, INC., 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Adam Reiss director 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Paul Leon Presburger officer: Officer of Subsidiary Division 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Monica B. Silverstein officer: Chief Human Resources Officer C/O HEMISPHERE MEDIA GROUP, INC., 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Jorge Hidalgo officer: Officer of Subsidiary Division C/O HEMISPHERE MEDIA GROUP, INC., 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Grupo Mvs Capital, S. De R.l. De C.v. 10 percent owner SIERRA GORDA 505, LOMAS DE CHAPULTEPEC, VIII SECC, MIGUEL HIDALGO, MEXICO CITY O5 11000
Cinema Aeropuerto, S.a. De C.v. 10 percent owner BLVD. MANUEL AVILA CAMACHO 147, CHAPULTEPEC MORALES, CUIDAD DE MEXICO, D.F. O5 11510
Hindery Leo J. Jr. director, 10 percent owner C/O HMG, INC., C/O CINE LATINO, INC., 2000 PONCE DE LEON BLVD, SUITE 500, CORAL GABLES FL 33134
Sonia Dula director 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146

Hemisphere Media Group (Hemisphere Media Group) Headlines

From GuruFocus

Lifshitz Law PLLC Announces Investigation of HMTV, PCSB, PSB, and RADA

By GuruFocusNews GuruFocusNews 07-09-2022