Brokerages Set National CineMedia, Inc. (NASDAQ:NCMI) Target Price at $6.90

Key Points

• Brokerages have assigned National CineMedia, Inc. (NASDAQ:NCMI) an average rating of "Moderate Buy", with three buy ratings and two hold ratings from different analysts.
• The company recently reported earnings of ($0.11) EPS for the quarter, matching consensus expectations, but its revenue of $51.80 million fell short of the estimate of $59.45 million.
• National CineMedia has announced a $0.03 quarterly dividend with a yield of 2.8%, set to be paid on August 29th to shareholders of record as of August 15th.

Shares of National CineMedia, Inc. (NASDAQ:NCMI - Get Free Report) have been given a consensus rating of "Moderate Buy" by the five research firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $6.90.

NCMI has been the subject of several research analyst reports. Wall Street Zen cut National CineMedia from a "hold" rating to a "sell" rating in a research note on Thursday, May 8th. Benchmark decreased their price target on shares of National CineMedia from $8.00 to $7.00 and set a "buy" rating for the company in a report on Wednesday, June 25th. Wedbush set a $7.00 price target on shares of National CineMedia and gave the company an "outperform" rating in a report on Monday, August 4th. Finally, B. Riley lowered shares of National CineMedia from a "buy" rating to a "neutral" rating and set a $6.00 price target for the company. in a report on Friday, May 16th.

National CineMedia Trading Down 0.4%

NCMI stock traded down $0.02 during trading on Friday, reaching $4.47. The stock had a trading volume of 639,208 shares, compared to its average volume of 515,361. National CineMedia has a 1-year low of $4.12 and a 1-year high of $7.60. The company has a market capitalization of $418.88 million, a P/E ratio of -21.28 and a beta of 1.97. The firm has a fifty day moving average price of $4.67 and a 200 day moving average price of $5.34.

National CineMedia (NASDAQ:NCMI - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The business services provider reported ($0.11) EPS for the quarter, hitting the consensus estimate of ($0.11). National CineMedia had a negative return on equity of 3.51% and a negative net margin of 8.62%.The business had revenue of $51.80 million for the quarter, compared to analysts' expectations of $59.45 million. National CineMedia has set its Q3 2025 guidance at EPS. Sell-side analysts predict that National CineMedia will post -0.12 EPS for the current year.

National CineMedia Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, August 15th. National CineMedia's payout ratio is -57.14%.

Insider Activity at National CineMedia

In other news, EVP Maria Vg Woods sold 9,038 shares of the business's stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $4.82, for a total transaction of $43,563.16. Following the sale, the executive vice president owned 111,246 shares in the company, valued at $536,205.72. The trade was a 7.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.40% of the stock is owned by insiders.

Institutional Trading of National CineMedia

Several large investors have recently added to or reduced their stakes in NCMI. Wells Fargo & Company MN grew its position in National CineMedia by 25.8% in the fourth quarter. Wells Fargo & Company MN now owns 40,931 shares of the business services provider's stock worth $272,000 after acquiring an additional 8,390 shares in the last quarter. Renaissance Technologies LLC grew its position in National CineMedia by 375.7% in the fourth quarter. Renaissance Technologies LLC now owns 127,500 shares of the business services provider's stock worth $847,000 after acquiring an additional 100,700 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of National CineMedia by 126.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 273,711 shares of the business services provider's stock worth $1,817,000 after buying an additional 152,777 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of National CineMedia by 18.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 26,749 shares of the business services provider's stock worth $178,000 after buying an additional 4,084 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of National CineMedia by 2.5% during the 4th quarter. Northern Trust Corp now owns 657,802 shares of the business services provider's stock worth $4,368,000 after buying an additional 16,297 shares during the period. 69.49% of the stock is owned by institutional investors.

About National CineMedia

National CineMedia, Inc, through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.