Wedbush Decreases Earnings Estimates for National CineMedia

Key Points

• Wedbush analysts have lowered their Q2 2025 earnings estimates for National CineMedia to ($0.12) per share, down from a previous estimate of ($0.09).
• National CineMedia's recent earnings report revealed a loss of ($0.11) per share, missing consensus estimates of ($0.08), and the company generated $51.80 million in revenue, below the expected $59.45 million.
• Analyst ratings for National CineMedia are mixed, with one sell rating, two hold ratings, and three buy ratings, resulting in an average rating of "Hold" and a consensus price target of $6.90.

National CineMedia, Inc. (NASDAQ:NCMI - Free Report) - Equities researchers at Wedbush reduced their Q2 2025 earnings estimates for National CineMedia in a research report issued on Monday, August 4th. Wedbush analyst A. Reese now expects that the business services provider will post earnings per share of ($0.12) for the quarter, down from their prior estimate of ($0.09). Wedbush currently has a "Outperform" rating and a $7.00 price objective on the stock. The consensus estimate for National CineMedia's current full-year earnings is ($0.12) per share. Wedbush also issued estimates for National CineMedia's FY2025 earnings at ($0.06) EPS, Q2 2026 earnings at ($0.06) EPS and Q3 2026 earnings at $0.03 EPS.

National CineMedia (NASDAQ:NCMI - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The business services provider reported ($0.11) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.11). National CineMedia had a negative net margin of 8.62% and a negative return on equity of 3.51%. The company had revenue of $51.80 million during the quarter, compared to analyst estimates of $59.45 million.

NCMI has been the subject of a number of other research reports. B. Riley downgraded shares of National CineMedia from a "buy" rating to a "neutral" rating and set a $6.00 target price for the company. in a research report on Friday, May 16th. Benchmark cut their target price on shares of National CineMedia from $8.00 to $7.00 and set a "buy" rating for the company in a research report on Wednesday, June 25th. Finally, Wall Street Zen downgraded shares of National CineMedia from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $6.90.

National CineMedia Price Performance

NASDAQ NCMI traded down $0.09 during mid-day trading on Wednesday, reaching $4.42. The stock had a trading volume of 463,532 shares, compared to its average volume of 596,318. National CineMedia has a 1 year low of $4.12 and a 1 year high of $7.60. The stock has a market cap of $414.20 million, a PE ratio of -21.05 and a beta of 2.14. The company has a fifty day moving average price of $4.95 and a 200 day moving average price of $5.64.

National CineMedia Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.7%. National CineMedia's payout ratio is presently -57.14%.

Insider Activity

In other news, EVP Maria Vg Woods sold 9,038 shares of the business's stock in a transaction 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 completion of the sale, the executive vice president owned 111,246 shares of the company's stock, valued at $536,205.72. The trade was a 7.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.25% of the stock is currently owned by insiders.

Institutional Investors Weigh In On National CineMedia

A number of hedge funds have recently modified their holdings of NCMI. MetLife Investment Management LLC boosted its holdings in National CineMedia by 5.7% in the 1st quarter. MetLife Investment Management LLC now owns 39,857 shares of the business services provider's stock worth $233,000 after buying an additional 2,151 shares during the period. Ieq Capital LLC boosted its holdings in National CineMedia by 21.4% in the 1st quarter. Ieq Capital LLC now owns 17,001 shares of the business services provider's stock worth $99,000 after buying an additional 3,001 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in National CineMedia by 18.0% in 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. GAMMA Investing LLC boosted its holdings in National CineMedia by 502.0% in the 1st quarter. GAMMA Investing LLC now owns 5,081 shares of the business services provider's stock worth $30,000 after buying an additional 4,237 shares during the period. Finally, CWM LLC boosted its holdings in National CineMedia by 66.9% in the 1st quarter. CWM LLC now owns 14,873 shares of the business services provider's stock worth $87,000 after buying an additional 5,961 shares during the period. Institutional investors own 69.49% of the company's stock.

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.