B. Riley Forecasts Weaker Earnings for National CineMedia

National CineMedia, Inc. (NASDAQ:NCMI) – Equities research analysts at B. Riley reduced their Q3 2025 earnings per share estimates for National CineMedia in a report issued on Sunday, October 19th. B. Riley analyst D. Crum now forecasts that the business services provider will earn ($0.04) per share for the quarter, down from their prior estimate of ($0.03). The consensus estimate for National CineMedia’s current full-year earnings is ($0.12) per share. B. Riley also issued estimates for National CineMedia’s Q4 2025 earnings at $0.26 EPS and FY2026 earnings at ($0.04) EPS.

A number of other research analysts have also recently issued reports on the company. Zacks Research cut National CineMedia from a “hold” rating to a “strong sell” rating in a research note on Friday, October 17th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of National CineMedia in a research report on Wednesday, October 8th. Wedbush set a $7.00 price objective on National CineMedia and gave the stock an “outperform” rating in a research report on Monday, August 4th. Finally, Benchmark reduced their price objective on National CineMedia from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Wednesday, June 25th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, National CineMedia has an average rating of “Hold” and a consensus target price of $6.90.

National CineMedia Trading Down 2.1%

NASDAQ:NCMI opened at $4.25 on Wednesday. National CineMedia has a 1 year low of $4.03 and a 1 year high of $7.60. The stock has a market cap of $398.31 million, a price-to-earnings ratio of -20.24 and a beta of 1.90. The stock has a 50-day moving average price of $4.47 and a two-hundred day moving average price of $4.94.

National CineMedia (NASDAQ:NCMI) last posted its earnings results on Tuesday, August 5th. The business services provider reported ($0.11) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.11). National CineMedia had a negative return on equity of 3.51% and a negative net margin of 8.62%.The firm had revenue of $51.80 million during the quarter, compared to analysts’ expectations of $59.45 million. National CineMedia has set its Q3 2025 guidance at EPS.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in National CineMedia by 5.6% during the 1st quarter. Vanguard Group Inc. now owns 4,358,287 shares of the business services provider’s stock worth $25,452,000 after purchasing an additional 232,702 shares during the last quarter. Orbis Allan Gray Ltd bought a new position in shares of National CineMedia in the 2nd quarter worth about $20,338,000. Wellington Management Group LLP raised its position in shares of National CineMedia by 21.1% in the 1st quarter. Wellington Management Group LLP now owns 3,538,933 shares of the business services provider’s stock worth $20,667,000 after acquiring an additional 615,417 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of National CineMedia by 21.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 683,614 shares of the business services provider’s stock worth $3,992,000 after acquiring an additional 120,079 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in shares of National CineMedia by 59.8% in the 1st quarter. AQR Capital Management LLC now owns 488,025 shares of the business services provider’s stock worth $2,850,000 after acquiring an additional 182,548 shares in the last quarter. 69.49% of the stock is owned by institutional investors.

Insider Buying and Selling at National CineMedia

In related news, EVP Maria Vg Woods sold 9,039 shares of the firm’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $4.44, for a total transaction of $40,133.16. Following the sale, the executive vice president owned 118,998 shares of the company’s stock, valued at $528,351.12. This trade represents a 7.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.25% of the stock is currently owned by company insiders.

National CineMedia Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $0.12 annualized dividend and a dividend yield of 2.8%. National CineMedia’s dividend payout ratio (DPR) is -57.14%.

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.