According to Zacks, “Dolphin Entertainment, Inc. is engaged in production of digital content. The company’s operating segment consists of Dolphin Digital Media and Dolphin Digital Studios. Dolphin Digital Media segment creates and manages social networking websites for children. It has developed Dolphinsecure.com, which is a secure website for children using fingerprint reader technology. Dolphin Digital Studios segment creates original programming that premieres online, with an initial focus on content geared toward tweens and teens. It also provides production services to a related party. Dolphin Entertainment Inc., formerly known as Dolphin Digital Media Inc., is headquartered in Coral Gables, FL. “
DLPN has been the topic of several other reports. ValuEngine raised shares of Dolphin Entertainment from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Maxim Group decreased their target price on shares of Dolphin Entertainment from $2.50 to $1.50 and set a “buy” rating on the stock in a research note on Friday, December 6th.
Dolphin Entertainment (NASDAQ:DLPN) last issued its earnings results on Thursday, November 14th. The company reported ($0.05) EPS for the quarter. Dolphin Entertainment had a negative return on equity of 50.95% and a negative net margin of 19.35%. The firm had revenue of $5.95 million during the quarter. Equities research analysts anticipate that Dolphin Entertainment will post -0.21 earnings per share for the current year.
An institutional investor recently raised its position in Dolphin Entertainment stock. Vanguard Group Inc. increased its position in Dolphin Entertainment Inc (NASDAQ:DLPN) by 258.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 527,778 shares of the company’s stock after buying an additional 380,724 shares during the quarter. Vanguard Group Inc. owned 3.67% of Dolphin Entertainment worth $554,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 6.54% of the company’s stock.
Dolphin Entertainment Company Profile
Dolphin Entertainment, Inc produces and distributes online digital content in the United States. The company operates as a content producer of motion pictures, as well as produces Web series and feature films. In addition, it operates an entertainment public relations agency, which offers talent, marketing, and strategic communications services, as well as brand and digital marketing services.
Featured Article: Why does a company issue an IPO?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Dolphin Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dolphin Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.