National CineMedia, Inc. (NCMI) to Issue Quarterly Dividend of $0.03 on November 26th

National CineMedia, Inc. (NASDAQ:NCMI) declared a quarterly dividend on Thursday, October 30th. Shareholders of record on Monday, November 10th will be given a dividend of 0.03 per share by the business services provider on Wednesday, November 26th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Monday, November 10th.

National CineMedia has decreased its dividend by an average of 1.0%annually over the last three years. National CineMedia has a dividend payout ratio of 133.3% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect National CineMedia to earn $0.21 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 57.1%.

National CineMedia Price Performance

NCMI stock opened at $3.92 on Friday. The firm’s fifty day simple moving average is $4.44 and its 200-day simple moving average is $4.80. The company has a market capitalization of $367.82 million, a P/E ratio of -18.67 and a beta of 1.83. National CineMedia has a 12 month low of $3.91 and a 12 month high of $7.60.

National CineMedia (NASDAQ:NCMI) last issued its earnings results on Thursday, October 30th. The business services provider reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.05. The firm had revenue of $63.40 million during the quarter, compared to analysts’ expectations of $64.23 million. National CineMedia had a negative net margin of 8.62% and a negative return on equity of 3.51%. National CineMedia has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that National CineMedia will post -0.12 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on NCMI. Wedbush reissued an “outperform” rating and issued a $6.00 price target (down previously from $7.00) on shares of National CineMedia in a research note on Friday, October 31st. Weiss Ratings restated a “sell (d+)” rating on shares of National CineMedia in a research report on Wednesday, October 8th. Barrington Research decreased their price target on shares of National CineMedia from $7.00 to $6.50 and set an “outperform” rating on the stock in a research note on Friday, October 31st. Finally, Zacks Research lowered National CineMedia from a “hold” rating to a “strong sell” rating in a research note on Friday, October 17th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $6.60.

National CineMedia Company Profile

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.