Hunger Games boost Lionsgate on the stock market

Lionsgate, who are about to announce their earnings for the first quarter next Thursday, are having a record year on the American stock market, thanks to projections for the new 'Hunger Games' sequel, 'Catching Fire' as well as a strong TV roster.

Their stock has hit more than two dozen record highs this year already.

[The Hunger Games: Catching Fire - Exclusive trailer]

Stock on Wall Street rose 42 cents to $33.70 on Friday following a 65 cent rise on Thursday. The stock is now trading at five times its $7 value two years ago, when the studio cashed out Carl Icahn and his 33% stake for $311 million.

A lot of this has to do with the fact that 'The Hunger Games: Catching Fire,' starring Jennifer Lawrence, opens November 22nd with analysts expecting $900 million to be taken worldwide at the box office.

[Jennifer Lawrence gives Oscar away over its 'weird energy']

The studio has also overperformed on 'Now You See Me' with $212 millon worldwide and 'Kevin Hart: Let Me Explain' with $31 million in domestic gross.

Lionsgate has also shown good returns in TV, with dramedy 'Orange Is the New Black' being renewed for a second season by Netflix before the season one debut and a 10-episode series order for a Lionsgate comedy starring Kelsey Grammer and Martin Lawrence.