National CineMedia Inc. (NASDAQ:NCMI) – Equities research analysts at B. Riley decreased their Q4 2016 EPS estimates for National CineMedia in a research note issued on Tuesday. B. Riley analyst E. Wold now expects that the brokerage will post earnings per share of $0.22 for the quarter, down from their prior estimate of $0.23. B. Riley currently has a “Buy” rating and a $18.75 price objective on the stock. B. Riley also issued estimates for National CineMedia’s Q3 2017 earnings at $0.17 EPS, Q4 2017 earnings at $0.26 EPS, Q1 2018 earnings at $0.00 EPS, Q2 2018 earnings at $0.17 EPS, Q3 2018 earnings at $0.19 EPS and FY2018 earnings at $0.64 EPS.

National CineMedia (NASDAQ:NCMI) last posted its quarterly earnings data on Monday, November 7th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. The business had revenue of $113.50 million for the quarter, compared to analysts’ expectations of $114.52 million. National CineMedia had a net margin of 3.92% and a negative return on equity of 13.70%. The firm’s revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 EPS.

Earnings History and Estimates for National CineMedia (NASDAQ:NCMI)

Several other brokerages have also recently issued reports on NCMI. FBR & Co decreased their price target on shares of National CineMedia from $18.50 to $17.00 and set an “outperform” rating for the company in a research report on Tuesday, August 9th. Zacks Investment Research cut shares of National CineMedia from a “hold” rating to a “sell” rating in a research report on Saturday, July 23rd. Stifel Nicolaus cut shares of National CineMedia from a “buy” rating to a “hold” rating in a research report on Wednesday, July 20th. Wedbush restated an “outperform” rating and issued a $17.50 price target (down from $19.00) on shares of National CineMedia in a research report on Wednesday, August 10th. Finally, Benchmark Co. upped their price target on shares of National CineMedia from $17.81 to $18.08 and gave the company a “buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $18.06.

Shares of National CineMedia (NASDAQ:NCMI) opened at 14.54 on Wednesday. The company has a market capitalization of $870.02 million, a PE ratio of 52.30 and a beta of 0.87. National CineMedia has a 52-week low of $13.37 and a 52-week high of $16.33. The company has a 50-day moving average of $14.24 and a 200 day moving average of $14.74.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 2nd. Stockholders of record on Friday, November 18th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 6.05%. The ex-dividend date of this dividend is Wednesday, November 16th. National CineMedia’s dividend payout ratio (DPR) is presently 314.30%.

A number of large investors have recently bought and sold shares of NCMI. Swiss National Bank boosted its stake in National CineMedia by 3.8% in the second quarter. Swiss National Bank now owns 100,400 shares of the company’s stock worth $1,554,000 after buying an additional 3,700 shares during the last quarter. Kennedy Capital Management Inc. boosted its stake in National CineMedia by 11.3% in the first quarter. Kennedy Capital Management Inc. now owns 393,945 shares of the company’s stock worth $5,992,000 after buying an additional 39,993 shares during the last quarter. Springbok Capital Management LLC boosted its stake in National CineMedia by 273.0% in the first quarter. Springbok Capital Management LLC now owns 48,559 shares of the company’s stock worth $739,000 after buying an additional 35,540 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in National CineMedia by 2.4% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,600,846 shares of the company’s stock worth $24,349,000 after buying an additional 37,513 shares during the last quarter. Finally, Quantitative Systematic Strategies LLC boosted its stake in National CineMedia by 17.0% in the second quarter. Quantitative Systematic Strategies LLC now owns 11,708 shares of the company’s stock worth $174,000 after buying an additional 1,699 shares during the last quarter. Institutional investors and hedge funds own 92.77% of the company’s stock.

About National CineMedia

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). NCM LLC operates the digital in-theatre media network in North America, through which it sells in-theatre and online advertising and promotions. The Company is engaged in advertising business.

5 Day Chart for NASDAQ:NCMI

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