National CineMedia Company Profile (NASDAQ:NCMI)

About National CineMedia (NASDAQ:NCMI)

National CineMedia logoNational CineMedia, Inc. (NCM, Inc.) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). The Company operates digital in-theater network in North America, allowing NCM LLC to sell advertising and certain third-party theater circuits under long-term network affiliate agreements. It is engaged in the sale of advertising to national, regional and local businesses in First Look, its cinema advertising and entertainment pre-show seen on movie screens across the United States It also sells advertising on its Lobby Entertainment Network (LEN), a series of screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies. The Company sells online and mobile advertising through its Cinema Accelerator digital product to reach entertainment audiences beyond the theater. In-theater advertising and entertainment content is distributed across NCM LLC's national theater network.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Marketing Services
  • Sub-Industry: Advertising
  • Symbol: NASDAQ:NCMI
  • CUSIP: 63530910
  • Web:
  • Market Cap: $453.25 million
  • Outstanding Shares: 60,595,000
Average Prices:
  • 50 Day Moving Avg: $10.49
  • 200 Day Moving Avg: $13.16
  • 52 Week Range: $7.22 - $16.10
  • Trailing P/E Ratio: 18.33
  • Foreward P/E Ratio: 19.18
  • P/E Growth: 3.49
Sales & Book Value:
  • Annual Revenue: $443.3 million
  • Price / Sales: 1.02
  • Book Value: ($7.07) per share
  • Price / Book: -1.06
  • Annual Dividend: $0.88
  • Dividend Yield: 11.5%
  • EBIDTA: $203.7 million
  • Net Margins: 3.92%
  • Return on Equity: -13.70%
  • Return on Assets: 2.26%
  • Debt-to-Equity Ratio: -5.03%
  • Current Ratio: 1.72%
  • Quick Ratio: 1.72%
  • Average Volume: 665,439 shs.
  • Beta: 0.89
  • Short Ratio: 3.42

Frequently Asked Questions for National CineMedia (NASDAQ:NCMI)

What is National CineMedia's stock symbol?

National CineMedia trades on the NASDAQ under the ticker symbol "NCMI."

How often does National CineMedia pay dividends? What is the dividend yield for National CineMedia?

National CineMedia declared a quarterly dividend on Friday, May 5th. Investors of record on Thursday, May 18th will be given a dividend of $0.22 per share on Thursday, June 1st. This represents a $0.88 dividend on an annualized basis and a yield of 11.76%. The ex-dividend date of this dividend is Tuesday, May 16th. View National CineMedia's Dividend History.

How were National CineMedia's earnings last quarter?

National CineMedia, Inc. (NASDAQ:NCMI) issued its quarterly earnings results on Thursday, May, 4th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.03. The company had revenue of $71.90 million for the quarter, compared to analysts' expectations of $73.82 million. National CineMedia had a negative return on equity of 13.70% and a net margin of 3.92%. The firm's revenue for the quarter was down 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.05) EPS. View National CineMedia's Earnings History.

Where is National CineMedia's stock going? Where will National CineMedia's stock price be in 2017?

8 brokerages have issued 12 month price objectives for National CineMedia's shares. Their forecasts range from $12.00 to $18.08. On average, they anticipate National CineMedia's stock price to reach $14.26 in the next year. View Analyst Ratings for National CineMedia.

What are analysts saying about National CineMedia stock?

Here are some recent quotes from research analysts about National CineMedia stock:

  • 1. According to Zacks Investment Research, "NATIONAL CINEMEDIA operates the largest digital in theatre network in North America that allows them to distribute advertisements and other content for our advertising, meetings and events businesses utilizing our proprietary digital content network. They have long term exhibitor services agreements with our founding members, Cinemark and Regal, the three largest motion picture exhibition companies in the U.S.and multi year agreements with several other theatre operators whom they refer to as network affiliates. The network affiliate agreements grant them exclusive rights, subject to limited exceptions, to sell advertising on their theatre screens. " (5/3/2017)
  • 2. Credit Suisse Group AG analysts commented, "We raise our rating to Neutral (from UP) after the steep fall in the stock price, and highlight that the ~7% dividend yield provides support at current levels. We remain relatively cautious on the equity story given challenging structural headwinds and highlight that we now expect minimal growth in adj. EBITDA and cash available for distribution over the next 2-3 years. We lower our 2017/18 adj. EBITDA forecasts by 6-8%, and our EPS forecasts by 35%/39% to $0.37/$0.36 (previously $0.57/$0.58)." (3/15/2017)
  • 3. B. Riley analysts commented, "National CineMedia (NCMI) reported upside Q4 results in the face of an industry box office that declined compared to the year-ago period. However, even though we previewed the potential for strengthening trends into 2017 on the impressive film slate and high-demand franchise titles, initial 2017 guidance was disappointing and likely reflects early conservatism from a relatively new management team as well as recently-weakening trends in the scatter ad market. With a lower guidance base now in place, we actually believe there is more of a bias to the upside than risk to the downside as the year progresses ' which could include early campaigns to get ahead of another strong film slate in 2018. Regardless, we would not be surprised if the potentially meaningful sale of NCMI shares by AMC (Buy; $47.50 PT) as part of the DOJ approval for the Carmike acquisition remained an overhang for the time being ' even though we believe this is already priced into shares here. With that in mind, we recommend investors add to positions at currently depressed levels with the added bonus of being paid a 7.1% dividend yield to wait for that overhang to pass. We are lowering our 2017/2018 estimates along with the weaker guidance and maintaining our Buy rating with a lowered price target of $16.00 (down from $18.75) ' which still provides a potential return of 35% including the dividend yield." (2/24/2017)

Are investors shorting National CineMedia?

National CineMedia saw a increase in short interest in April. As of April 13th, there was short interest totalling 2,459,378 shares, an increase of 2.9% from the March 31st total of 2,389,606 shares. Based on an average daily volume of 349,158 shares, the days-to-cover ratio is currently 7.0 days.

Who are some of National CineMedia's key competitors?

Who owns National CineMedia stock?

National CineMedia's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include AMC ENTERTAINMENT HOLDINGS, INC. (37.80%), CINEMARK HOLDINGS, INC. (31.00%), Vanguard Group Inc. (8.19%), Janus Capital Management LLC (7.85%), Wellington Management Group LLP (6.91%) and Stephens Investment Management Group LLC (4.50%). Company insiders that own National CineMedia stock include Alfonso P Rosabal Jr, Clifford E Marks, Paula Williams Madison and Scott N Schneider. View Institutional Ownership Trends for National CineMedia.

Who sold National CineMedia stock? Who is selling National CineMedia stock?

National CineMedia's stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Stephens Investment Management Group LLC, Alliancebernstein L.P., Morgan Stanley, Credit Suisse AG, Parametric Portfolio Associates LLC, Gilman Hill Asset Management LLC and River Road Asset Management LLC. Company insiders that have sold National CineMedia stock in the last year include Alfonso P Rosabal Jr and Clifford E Marks. View Insider Buying and Selling for National CineMedia.

Who bought National CineMedia stock? Who is buying National CineMedia stock?

National CineMedia's stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Citadel Advisors LLC, Wellington Management Group LLP, Renaissance Technologies LLC, Vanguard Group Inc., Punch & Associates Investment Management Inc., MARSHALL WACE ASIA Ltd and Marshall Wace North America L.P.. View Insider Buying and Selling for National CineMedia.

How do I buy National CineMedia stock?

Shares of National CineMedia can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of National CineMedia stock cost?

One share of National CineMedia stock can currently be purchased for approximately $7.48.

Analyst Ratings

Consensus Ratings for National CineMedia (NASDAQ:NCMI) (?)
Ratings Breakdown: 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $14.26 (90.69% upside)

Analysts' Ratings History for National CineMedia (NASDAQ:NCMI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/23/2017B. RileyReiterated RatingBuy$14.00LowView Rating Details
5/15/2017JPMorgan Chase & Co.DowngradeOverweight -> Neutral$17.00 -> $12.00MediumView Rating Details
5/15/2017Barrington ResearchDowngradeOutperform -> Market PerformMediumView Rating Details
5/5/2017FBR & CoDowngradeOutperform -> Market Perform$12.00HighView Rating Details
3/15/2017Credit Suisse Group AGUpgradeUnderperform -> Neutral$13.00 -> $12.00MediumView Rating Details
12/28/2016WedbushReiterated RatingOutperform$17.50N/AView Rating Details
11/8/2016Benchmark Co.Boost Price TargetBuy$17.81 -> $18.08N/AView Rating Details
7/20/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
11/10/2015MKM PartnersBoost Price TargetNeutral$15.00 -> $16.00N/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for National CineMedia (NASDAQ:NCMI)
Earnings by Quarter for National CineMedia (NASDAQ:NCMI)
Earnings History by Quarter for National CineMedia (NASDAQ:NCMI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017($0.05)($0.08)$73.82 million$71.90 millionViewListenView Earnings Details
2/23/2017Q416$0.22$0.24$140.65 million$142.50 millionViewN/AView Earnings Details
11/7/2016Q316$0.12$0.13$114.52 million$113.50 millionViewListenView Earnings Details
8/8/2016Q216$0.14$0.11$115.52 million$115.40 millionViewN/AView Earnings Details
5/4/2016Q116($0.04)($0.05)$74.53 million$76.20 millionViewN/AView Earnings Details
2/25/2016Q415$0.20$0.20$128.48 million$136.40 millionViewListenView Earnings Details
11/9/2015Q315$0.14$0.13$112.74 million$111.70 millionViewN/AView Earnings Details
8/6/2015Q215$0.18$0.17$119.40 million$121.50 millionViewN/AView Earnings Details
5/11/2015Q115($0.06)$0.01$76.60 million$76.90 millionViewListenView Earnings Details
2/26/2015Q414$0.22$0.18$121.30 million$123.10 millionViewN/AView Earnings Details
11/3/2014Q314$0.12$0.11$103.60 million$100.80 millionViewN/AView Earnings Details
8/5/2014Q214$0.08$0.08$96.99 million$99.90 millionViewN/AView Earnings Details
5/5/2014Q114($0.05)($0.05)$70.20 million$70.02 millionViewN/AView Earnings Details
2/20/2014Q413$0.16$0.32$117.58 million$1.22 millionViewN/AView Earnings Details
10/30/2013Q313$0.29$0.25$137.13 million$135.10 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.18$0.17$119.96 million$122.80 millionViewN/AView Earnings Details
5/2/2013Q1 2013($0.01)($0.02)$79.94 million$82.20 millionViewN/AView Earnings Details
2/21/2013Q4 2012$0.16$0.16$119.79 million$115.90 millionViewN/AView Earnings Details
11/1/2012Q312$0.32$0.30$145.24 million$143.70 millionViewN/AView Earnings Details
8/2/2012$0.13$0.13ViewN/AView Earnings Details
5/3/2012($0.05)($0.02)ViewN/AView Earnings Details
2/23/2012$0.14$0.12ViewN/AView Earnings Details
11/3/2011$0.27$0.31ViewN/AView Earnings Details
8/4/2011$0.16$0.16ViewN/AView Earnings Details
5/5/2011($0.03)($0.02)ViewN/AView Earnings Details
2/23/2011$0.22$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for National CineMedia (NASDAQ:NCMI)
2017 EPS Consensus Estimate: $0.36
2018 EPS Consensus Estimate: $0.45
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.07)($0.01)($0.05)
Q2 20173$0.07$0.14$0.10
Q3 20174$0.05$0.11$0.07
Q4 20174$0.20$0.27$0.24
Q1 20182($0.06)$0.00($0.03)
Q2 20182$0.08$0.15$0.12
Q3 20182$0.06$0.09$0.08
Q4 20182$0.28$0.30$0.29
(Data provided by Zacks Investment Research)


Current Dividend Information for National CineMedia (NASDAQ:NCMI)
Next Dividend:6/1/2017
Annual Dividend:$0.88
Dividend Yield:11.76%
Payout Ratio:314.30% (Trailing 12 Months of Earnings)
266.67% (Based on This Year's Estimates)
225.64% (Based on Next Year's Estimates)
Dividend Payments by Quarter for National CineMedia (NASDAQ:NCMI)

Dividend History by Quarter for National CineMedia (NASDAQ:NCMI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for National CineMedia (NASDAQ:NCMI)
Insider Ownership Percentage: 5.34%
Institutional Ownership Percentage: 91.92%
Insider Trades by Quarter for National CineMedia (NASDAQ:NCMI)
Institutional Ownership by Quarter for National CineMedia (NASDAQ:NCMI)
Insider Trades by Quarter for National CineMedia (NASDAQ:NCMI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/25/2016Alfonso P Rosabal JrCOOSell2,615$16.01$41,866.15View SEC Filing  
6/22/2016Clifford E MarksPresidentSell1,014$15.00$15,210.00View SEC Filing  
3/15/2016Paula Williams MadisonDirectorSell7,468$14.66$109,480.88View SEC Filing  
3/1/2016Scott N SchneiderDirectorSell13,500$15.19$205,065.00View SEC Filing  
2/26/2016Clifford E MarksInsiderSell20,170$15.04$303,356.80View SEC Filing  
2/16/2016Clifford E MarksInsiderSell25,282$15.04$380,241.28View SEC Filing  
6/17/2015Paula Williams MadisonDirectorSell5,144$16.23$83,487.12View SEC Filing  
1/22/2015Clifford E MarksInsiderSell4,867$15.01$73,053.67View SEC Filing  
1/20/2015Clifford E MarksInsiderSell9,461$14.71$139,171.31View SEC Filing  
2/25/2014Clifford MarksInsiderSell14,171$15.75$223,193.25View SEC Filing  
2/5/2014Clifford MarksInsiderSell6,260$17.95$112,367.00View SEC Filing  
1/2/2014David OddoCFOSell6,721$19.76$132,806.96View SEC Filing  
12/18/2013Clifford MarksInsiderSell39,132$19.00$743,508.00View SEC Filing  
12/13/2013Clifford MarksInsiderSell1,504$19.00$28,576.00View SEC Filing  
11/26/2013Clifford MarksInsiderSell30,614$18.50$566,359.00View SEC Filing  
10/18/2013Clifford E MarksInsiderSell35,874$19.25$690,574.50View SEC Filing  
9/9/2013Regal Cinemas IncDirectorSell2,300,000$17.79$40,917,000.00View SEC Filing  
8/26/2013Ralph HardyEVPSell168,092$18.49$3,108,021.08View SEC Filing  
8/23/2013Earl WeiheCOOSell17,909$18.41$329,704.69View SEC Filing  
8/22/2013Clifford MarksInsiderSell35,873$18.75$672,618.75View SEC Filing  
8/22/2013Stephen LanningDirectorSell18,236$18.61$339,371.96View SEC Filing  
8/16/2013Clifford MarksInsiderSell71,746$18.15$1,302,189.90View SEC Filing  
8/5/2013Kurt C HallCEOSell53,711$18.75$1,007,081.25View SEC Filing  
7/26/2013Kurt C HallCEOSell1,400$18.27$25,578.00View SEC Filing  
7/25/2013Kurt C HallCEOSell15,288$18.29$279,617.52View SEC Filing  
7/23/2013Kurt C HallCEOSell3,500$18.29$64,015.00View SEC Filing  
6/4/2013Kurt C HallCEOSell19,482$17.34$337,817.88View SEC Filing  
5/31/2013Clifford E MarksInsiderSell45,202$16.86$762,105.72View SEC Filing  
5/29/2013Clifford E MarksInsiderSell64,356$17.25$1,110,141.00View SEC Filing  
5/28/2013Kurt C HallCEOSell29,740$17.39$517,178.60View SEC Filing  
5/23/2013Kurt C HallCEOSell12,300$17.31$212,913.00View SEC Filing  
5/10/2013Edward H MeyerDirectorSell10,000$17.02$170,200.00View SEC Filing  
9/13/2012Clifford E MarksInsiderSell6,200$16.05$99,510.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for National CineMedia (NASDAQ:NCMI)
Latest Headlines for National CineMedia (NASDAQ:NCMI)
DateHeadline logoB. Riley Reiterates Buy Rating for National CineMedia, Inc. (NCMI) - May 23 at 1:50 PM logoNational CineMedia, Inc. (NCMI) Given Average Recommendation of "Hold" by Brokerages - May 22 at 8:02 AM logoQ1 2018 EPS Estimates for National CineMedia, Inc. Raised by Barrington Research (NCMI) - May 22 at 7:26 AM logoNational CineMedia, Inc. : NCMI-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 19, 2017 - May 19 at 7:17 PM logoNational CineMedia, Inc. to Participate in Upcoming Investor Conferences - May 19 at 11:30 AM logoBarrington Research Comments on National CineMedia, Inc.'s Q2 2017 Earnings (NCMI) - May 19 at 7:14 AM logoNational CineMedia, Inc. (NCMI) Stock Rating Reaffirmed by B. Riley - May 18 at 1:00 PM logoNational CineMedia (NCM) Tells Madison Avenue “What’s Noovie” at 2017 Upfront Event - May 17 at 6:42 PM logoNational CineMedia (NCM) Acquiring Fantasy Movie League - May 17 at 6:42 PM logo$108.82 Million in Sales Expected for National CineMedia, Inc. (NCMI) This Quarter - May 17 at 10:08 AM logoZacks: Analysts Anticipate National CineMedia, Inc. (NCMI) to Post $0.08 Earnings Per Share - May 15 at 2:22 PM logoNational CineMedia, Inc. (NCMI) Receives Buy Rating from B. Riley - May 12 at 11:56 PM logoETFs with exposure to National CineMedia, Inc. : May 11, 2017 - May 11 at 7:17 PM logo2017 U.S. Cannes Young Lions Winners Announced - May 10 at 12:09 PM logoNational CineMedia, Inc. :NCMI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017 - May 10 at 12:09 PM logoNational CineMedia, LLC -- Moody's downgrades National CineMedia's CFR to B1, outlook stable - May 9 at 11:36 AM logoQ3 2017 EPS Estimates for National CineMedia, Inc. (NCMI) Decreased by B. Riley - May 8 at 8:51 AM logoFBR & Co Analysts Cut Earnings Estimates for National CineMedia, Inc. (NCMI) - May 8 at 8:27 AM logoNational CineMedia, Inc. (NCMI) Earns Buy Rating from B. Riley - May 7 at 5:52 PM logoNational CineMedia, Inc. (NCMI) Stock Rating Lowered by FBR & Co - May 6 at 4:32 PM logoJPMorgan Chase & Co. Downgrades National CineMedia, Inc. (NCMI) to Neutral - May 6 at 2:40 PM logoNational CineMedia, Inc. (NCMI) Announces $0.22 Quarterly Dividend - May 5 at 7:08 PM logoWhy Puma Biotechnology, Trex, and National CineMedia Slumped Today - May 5 at 5:50 PM logoWhy National CineMedia, Inc. Stock Fell 29% Today - May 5 at 1:23 PM logoShort Interest in National CineMedia, Inc. (NCMI) Rises By 2.9% - May 5 at 12:24 PM logoNational CineMedia, Inc. (NCMI) Lowered to "Market Perform" at Barrington Research - May 5 at 9:29 AM logoEdited Transcript of NCMI earnings conference call or presentation 4-May-17 9:00pm GMT - May 5 at 9:20 AM logoNational CineMedia, Inc. (NCMI) Issues Quarterly Earnings Results - May 5 at 12:06 AM logoNational CineMedia's (NCMI) CEO Andy England on Q1 2017 Results - Earnings Call Transcript - May 4 at 11:52 PM logoInvestor Network: National CineMedia, Inc. to Host Earnings Call - May 4 at 6:51 PM logoNational CineMedia, Inc. Reports Results for Fiscal First Quarter 2017 - May 4 at 6:51 PM logoNational CineMedia reports 1Q loss - May 4 at 6:51 PM logoNational CineMedia (NCM) Launches In Mediaocean - May 3 at 5:48 PM logoB. Riley Reaffirms "Buy" Rating for National CineMedia, Inc. (NCMI) - May 2 at 12:06 PM logoNational CineMedia (NCMI) Getting Somewhat Negative Media Coverage, Analysis Finds - May 1 at 1:29 PM logoNational CineMedia (NCMI) Earns Daily News Impact Score of 0.29 - April 29 at 12:28 AM logoQ3 2017 EPS Estimates for National CineMedia, Inc. (NCMI) Boosted by Wedbush - April 27 at 11:08 AM logo$74.66 Million in Sales Expected for National CineMedia, Inc. (NCMI) This Quarter - April 26 at 10:26 AM logoSomewhat Favorable News Coverage Likely to Impact National CineMedia (NCMI) Stock Price - April 25 at 9:32 PM logoNational CineMedia (NCM) Expands Focus on Digital - April 25 at 6:02 PM logoNational CineMedia, Inc. (NCMI) Receives Average Recommendation of "Buy" from Analysts - April 25 at 1:18 PM logo-$0.05 Earnings Per Share Expected for National CineMedia, Inc. (NCMI) This Quarter - April 24 at 9:20 PM logoNational CineMedia, Inc. – Value Analysis (NASDAQ:NCMI) : April 24, 2017 - April 24 at 7:12 PM logoNational CineMedia, Inc. breached its 50 day moving average in a Bullish Manner : NCMI-US : April 21, 2017 - April 21 at 9:41 AM logoNational CineMedia, Inc. Announces First Quarter 2017 Earnings Release Date and Conference Call - April 20 at 6:49 PM logoNational CineMedia (NCMI) Names Scott Felenstein as CRO - April 7 at 11:24 AM logoNational CineMedia (NCM) Names Scott Felenstein Executive Vice President & Chief Revenue Officer - April 7 at 11:24 AM logoNational CineMedia, Inc. to Post Q1 2017 Earnings of ($0.05) Per Share, FBR & Co Forecasts (NCMI) - April 5 at 11:19 AM logoQ2 2017 Earnings Estimate for National CineMedia, Inc. Issued By FBR & Co (NCMI) - April 4 at 12:52 PM logoNational CineMedia, Inc. (NCMI) Receives Average Rating of "Buy" from Brokerages - March 30 at 1:28 PM



National CineMedia (NCMI) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff