Symbols / NCMI
NCMI Chart
About
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. The company also sells digital advertising, including through NCM Boost and Boomerang; and through digital gaming products, including Noovie Trivia app. It offers its services to third-party theater circuits under long-term network affiliate agreements. The company was incorporated in 2006 and is headquartered in Centennial, Colorado.
Fundamentals
Scroll to Statements| Sector | Communication Services | Industry | Advertising Agencies | Market Cap | 317.85M |
| Enterprise Value | 301.19M | Income | -15.20M | Sales | 236.30M |
| Book/sh | 3.74 | Cash/sh | 0.32 | Dividend Yield | 3.54% |
| Payout | 0.00% | Employees | 254 | IPO | — |
| P/E | — | Forward P/E | 30.80 | PEG | — |
| P/S | 1.35 | P/B | 0.91 | P/C | — |
| EV/EBITDA | 15.29 | EV/Sales | 1.27 | Quick Ratio | 1.76 |
| Current Ratio | 1.90 | Debt/Eq | 3.71 | LT Debt/Eq | — |
| EPS (ttm) | -0.16 | EPS next Y | 0.11 | EPS Growth | — |
| Revenue Growth | 1.60% | Earnings | 2026-02-26 | ROA | -2.21% |
| ROE | -4.13% | ROIC | — | Gross Margin | 46.38% |
| Oper. Margin | -2.84% | Profit Margin | -6.43% | Shs Outstand | 93.83M |
| Shs Float | 65.55M | Short Float | 11.91% | Short Ratio | 30.21 |
| Short Interest | — | 52W High | 6.91 | 52W Low | 3.17 |
| Beta | 1.38 | Avg Volume | 339.93K | Volume | 319.13K |
| Target Price | $5.50 | Recom | Buy | Prev Close | $3.39 |
| Price | $3.39 | Change | -0.07% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$5.50
Mean price target
2. Current target
$3.39
Latest analyst target
3. DCF / Fair value
$8.02
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.39
Low
$4.00
High
$6.50
Mean
$5.50
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-01-26 | main | Barrington Research | Outperform → Outperform | $6 |
| 2026-01-22 | main | B. Riley Securities | Neutral → Neutral | $4 |
| 2026-01-07 | main | Benchmark | Buy → Buy | $6 |
| 2025-10-31 | main | Barrington Research | Outperform → Outperform | $7 |
| 2025-08-04 | main | Wedbush | Outperform → Outperform | $7 |
| 2025-06-25 | main | Benchmark | Buy → Buy | $7 |
| 2025-03-14 | up | Wedbush | Neutral → Outperform | $8 |
| 2025-03-14 | main | Barrington Research | Outperform → Outperform | $7 |
| 2025-03-07 | reit | Benchmark | Buy → Buy | $8 |
| 2025-03-07 | main | Barrington Research | Outperform → Outperform | $7 |
| 2024-11-06 | main | Barrington Research | Outperform → Outperform | $8 |
| 2024-08-16 | main | B. Riley Securities | Buy → Buy | $9 |
| 2024-08-15 | up | Benchmark | Speculative Buy → Buy | $8 |
| 2024-08-06 | up | Barrington Research | Market Perform → Outperform | $8 |
| 2024-08-06 | reit | Benchmark | Speculative Buy → Speculative Buy | $6 |
| 2024-06-17 | reit | Benchmark | Speculative Buy → Speculative Buy | $6 |
| 2024-05-07 | reit | Benchmark | Speculative Buy → Speculative Buy | $6 |
| 2024-03-20 | reit | Benchmark | Speculative Buy → Speculative Buy | $6 |
| 2024-03-19 | main | Wedbush | Neutral → Neutral | $6 |
| 2024-03-19 | up | B. Riley Securities | Neutral → Buy | $7 |
- National CineMedia, Inc. (NASDAQ:NCMI) Given Consensus Rating of "Hold" by Analysts - MarketBeat Fri, 20 Feb 2026 13
- Income Investors Should Know That National CineMedia, Inc. (NASDAQ:NCMI) Goes Ex-Dividend Soon - simplywall.st Wed, 05 Nov 2025 08
- NATIONAL CINEMEDIA Earnings Results: $NCMI Reports Quarterly Earnings | NCMI Stock News - Quiver Quantitative hu, 30 Oct 2025 07
- National CineMedia: Difficulties In Recovery (NASDAQ:NCMI) - Seeking Alpha hu, 26 Jun 2025 07
- What Could Shift The Evolving Narrative For National CineMedia (NCMI)? - Yahoo Finance Wed, 11 Feb 2026 08
- MSN Money - MSN Wed, 18 Feb 2026 10
- National CineMedia, Inc. Announces Strategic Acquisition of Spotlight Cinema Networks to Enhance Advertising Network and Expand Reach Among Luxury Audiences - Business Wire Mon, 17 Nov 2025 08
- Analyst Lowers Price Target for NCMI to $4.00, Maintains Neutral Rating | NCMI Stock News - GuruFocus hu, 22 Jan 2026 08
- National CineMedia stock rises as Benchmark reiterates Buy rating - Investing.com ue, 18 Nov 2025 08
- Here’s Why Riverwater Partners Micro Opportunities Strategy Exited National CineMedia (NCMI) - Yahoo Finance Mon, 19 Jan 2026 08
- symbol__ Stock Quote Price and Forecast - CNN Fri, 10 Nov 2023 18
- National CineMedia is bringing back its dividend less than 2 years after bankruptcy. Here’s why. - MarketWatch hu, 13 Mar 2025 07
- NCMI: Barrington Research Lowers Price Target While Maintaining Rating | NCMI Stock News - GuruFocus Mon, 26 Jan 2026 13
- National CineMedia (NCMI): Five-Year Loss Reductions Reinforce Investor Optimism Versus Slower Revenue Growth - simplywall.st Sat, 01 Nov 2025 07
- National CineMedia, Inc. Reports Results for Fiscal Second Quarter 2025 - ChartMill ue, 05 Aug 2025 07
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 37847 | 147225.0 | — | Sale at price 3.89 per share. | LESINSKI THOMAS F | Chief Executive Officer | — | 2025-12-29 00:00:00 | D |
| 1 | 9043 | 35177.0 | — | Sale at price 3.89 per share. | WOODS MARIA VG | General Counsel | — | 2025-12-29 00:00:00 | D |
| 2 | 20991 | 81655.0 | — | Sale at price 3.89 per share. | NG RONNIE Y. | Chief Financial Officer | — | 2025-12-29 00:00:00 | D |
| 3 | 77500 | nan | — | — | LESINSKI THOMAS F | Chief Executive Officer | — | 2025-12-26 00:00:00 | D |
| 4 | 19375 | nan | — | — | WOODS MARIA VG | General Counsel | — | 2025-12-26 00:00:00 | D |
| 5 | 38750 | nan | — | — | NG RONNIE Y. | Chief Financial Officer | — | 2025-12-26 00:00:00 | D |
| 6 | 21194 | 82440.0 | — | Sale at price 3.89 per share. | NG RONNIE Y. | Chief Financial Officer | — | 2025-11-10 00:00:00 | D |
| 7 | 734 | 3162.0 | — | Sale at price 4.31 per share. | SULLIVAN CATHERINE MARY | Officer | — | 2025-10-03 00:00:00 | D |
| 8 | 37834 | 168104.0 | — | Sale at price 4.44 per share. | LESINSKI THOMAS F | Chief Executive Officer | — | 2025-09-30 00:00:00 | D |
| 9 | 9039 | 40162.0 | — | Sale at price 4.44 per share. | WOODS MARIA VG | General Counsel | — | 2025-09-30 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.21 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | 22.00M | -10.90M | 42.70M | -16.80M |
| TotalUnusualItems | 0.00 | 761.00M | 2.30M | -1.20M |
| TotalUnusualItemsExcludingGoodwill | 0.00 | 761.00M | 2.30M | -1.20M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -22.30M | 705.20M | -28.70M | -48.70M |
| ReconciledDepreciation | 42.40M | 25.50M | 31.50M | 35.60M |
| ReconciledCostOfRevenue | 125.60M | 80.10M | 117.90M | 76.90M |
| EBITDA | 22.00M | 750.10M | 45.00M | -18.00M |
| EBIT | -20.40M | 724.60M | 13.50M | -53.60M |
| NetInterestIncome | 700.00K | -27.80M | -79.70M | -64.80M |
| InterestExpense | 1.70M | 27.90M | 79.70M | 64.80M |
| InterestIncome | 2.40M | 100.00K | 100.00K | |
| NormalizedIncome | -22.30M | -55.80M | -31.00M | -47.50M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -22.30M | 705.20M | -28.70M | -48.70M |
| TotalExpenses | 260.30M | 192.50M | 236.50M | 183.20M |
| TotalOperatingIncomeAsReported | -19.50M | -27.30M | 6.90M | -68.60M |
| DilutedAverageShares | 95.87M | 48.57M | 8.20M | 7.99M |
| BasicAverageShares | 95.87M | 47.88M | 8.20M | 7.99M |
| DilutedEPS | -0.23 | 14.34 | -3.50 | -6.10 |
| BasicEPS | -0.23 | 14.73 | -3.50 | -6.10 |
| DilutedNIAvailtoComStockholders | -22.30M | 705.20M | -28.70M | -48.70M |
| NetIncomeCommonStockholders | -22.30M | 705.20M | -28.70M | -48.70M |
| NetIncome | -22.30M | 705.20M | -28.70M | -48.70M |
| MinorityInterests | 0.00 | 8.50M | 37.50M | 69.70M |
| NetIncomeIncludingNoncontrollingInterests | -22.30M | 696.70M | -66.20M | -118.40M |
| NetIncomeContinuousOperations | -22.30M | 696.70M | -66.20M | -118.40M |
| TaxProvision | 200.00K | 0.00 | 0.00 | 0.00 |
| PretaxIncome | -22.10M | 696.70M | -66.20M | -118.40M |
| OtherIncomeExpense | -3.30M | 751.80M | 800.00K | 14.80M |
| OtherNonOperatingIncomeExpenses | -3.30M | -9.20M | -1.50M | 16.00M |
| SpecialIncomeCharges | 0.00 | 761.00M | 2.30M | -1.20M |
| GainOnSaleOfPPE | 300.00K | 2.20M | 0.00 | |
| GainOnSaleOfBusiness | 0.00 | 557.70M | 0.00 | |
| OtherSpecialCharges | 400.00K | -5.90M | 1.20M | |
| ImpairmentOfCapitalAssets | 0.00 | 5.80M | 0.00 | |
| RestructuringAndMergernAcquisition | 0.00 | -203.30M | 0.00 | |
| NetNonOperatingInterestIncomeExpense | 700.00K | -27.80M | -79.70M | -64.80M |
| InterestExpenseNonOperating | 1.70M | 27.90M | 79.70M | 64.80M |
| InterestIncomeNonOperating | 2.40M | 100.00K | 100.00K | |
| OperatingIncome | -19.50M | -27.30M | 12.70M | -68.60M |
| OperatingExpense | 134.70M | 112.40M | 118.60M | 106.30M |
| OtherOperatingExpenses | 90.70M | 58.50M | ||
| DepreciationAmortizationDepletionIncomeStatement | 42.40M | 25.50M | 31.50M | 35.60M |
| DepreciationAndAmortizationInIncomeStatement | 42.40M | 25.50M | 31.50M | 35.60M |
| Amortization | 37.80M | 22.40M | 25.00M | 24.70M |
| AmortizationOfIntangiblesIncomeStatement | 37.80M | 22.40M | 25.00M | 24.70M |
| DepreciationIncomeStatement | 4.60M | 3.10M | 6.50M | 10.90M |
| SellingGeneralAndAdministration | 92.30M | 86.90M | 87.10M | 70.70M |
| SellingAndMarketingExpense | 41.60M | 29.60M | 42.80M | 34.70M |
| GeneralAndAdministrativeExpense | 50.70M | 57.30M | 44.30M | 36.00M |
| OtherGandA | 50.70M | 57.30M | 44.30M | 36.00M |
| GrossProfit | 115.20M | 85.10M | 131.30M | 37.70M |
| CostOfRevenue | 125.60M | 80.10M | 117.90M | 76.90M |
| TotalRevenue | 240.80M | 165.20M | 249.20M | 114.60M |
| OperatingRevenue | 240.80M | 155.10M | 249.20M | 114.60M |
| Line Item | 2023-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | |||
| OrdinarySharesNumber | 95.76M | 96.84M | 12.84M | 8.06M |
| ShareIssued | 95.76M | 96.84M | 12.84M | 8.06M |
| NetDebt | 1.06B | 996.30M | ||
| TotalDebt | 10.00M | 10.00M | 1.12B | 1.10B |
| TangibleBookValue | 60.40M | 40.20M | -1.10B | -1.13B |
| InvestedCapital | 421.20M | 444.50M | 605.80M | 570.80M |
| WorkingCapital | 104.40M | 85.40M | -1.04B | 88.60M |
| NetTangibleAssets | 60.40M | 40.20M | -1.10B | -1.13B |
| CommonStockEquity | 411.20M | 434.50M | -515.30M | -526.70M |
| TotalCapitalization | 421.20M | 444.50M | -515.30M | 567.60M |
| TotalEquityGrossMinorityInterest | 411.20M | 434.50M | -464.00M | -383.50M |
| MinorityInterest | 0.00 | 0.00 | 51.30M | 143.20M |
| StockholdersEquity | 411.20M | 434.50M | -515.30M | -526.70M |
| RetainedEarnings | 280.90M | 316.60M | -370.40M | -332.00M |
| AdditionalPaidInCapital | 127.80M | 115.30M | -146.20M | -195.50M |
| CapitalStock | 2.50M | 2.60M | 1.30M | 800.00K |
| CommonStock | 2.50M | 2.60M | 1.30M | 800.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 157.40M | 133.20M | 1.26B | 1.20B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 83.90M | 74.80M | 53.30M | 1.13B |
| OtherNonCurrentLiabilities | 14.00M | 5.00M | 18.00M | 20.40M |
| TradeandOtherPayablesNonCurrent | 59.90M | 59.80M | 35.30M | 16.40M |
| LongTermDebtAndCapitalLeaseObligation | 10.00M | 10.00M | 1.09B | |
| LongTermDebt | 10.00M | 10.00M | 1.09B | |
| CurrentLiabilities | 73.50M | 58.40M | 1.20B | 69.80M |
| OtherCurrentLiabilities | 1.80M | 1.00M | 2.20M | 2.20M |
| CurrentDeferredLiabilities | 23.60M | 9.80M | 10.20M | 15.00M |
| CurrentDeferredRevenue | 23.60M | 9.80M | 10.20M | 15.00M |
| CurrentDebtAndCapitalLeaseObligation | 1.12B | 3.20M | ||
| CurrentDebt | 1.12B | 3.20M | ||
| OtherCurrentBorrowings | 904.10M | |||
| LineOfCredit | 0.00 | 217.00M | ||
| CurrentProvisions | 2.40M | |||
| PayablesAndAccruedExpenses | 48.10M | 47.60M | 69.60M | 49.40M |
| CurrentAccruedExpenses | 17.20M | 19.30M | 26.10M | 21.30M |
| InterestPayable | 16.30M | 12.20M | ||
| Payables | 30.90M | 28.30M | 43.50M | 28.10M |
| OtherPayable | 4.10M | 300.00K | ||
| DuetoRelatedPartiesCurrent | 3.80M | 6.60M | 18.20M | 11.80M |
| AccountsPayable | 23.00M | 21.70M | 25.00M | 16.30M |
| TotalAssets | 568.60M | 567.70M | 792.40M | 817.40M |
| TotalNonCurrentAssets | 390.70M | 423.90M | 628.00M | 659.00M |
| OtherNonCurrentAssets | 18.10M | 10.90M | 23.80M | 25.10M |
| NonCurrentDeferredAssets | 1.60M | 2.20M | 3.30M | 4.50M |
| NonCurrentDeferredTaxesAssets | 0.00 | |||
| InvestmentsAndAdvances | 3.80M | 700.00K | 1.20M | 1.80M |
| OtherInvestments | 3.80M | 700.00K | 1.20M | 1.80M |
| GoodwillAndOtherIntangibleAssets | 350.80M | 394.30M | 586.70M | 606.30M |
| NetPPE | 16.40M | 15.80M | 13.00M | 21.30M |
| AccumulatedDepreciation | -4.80M | -1.60M | -54.80M | -59.90M |
| GrossPPE | 21.20M | 17.40M | 67.80M | 81.20M |
| Leases | 1.40M | 700.00K | 2.90M | 2.90M |
| ConstructionInProgress | 2.80M | 1.30M | 1.10M | 1.40M |
| MachineryFurnitureEquipment | 17.00M | 15.40M | 63.80M | 76.90M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 177.90M | 143.80M | 164.40M | 158.40M |
| OtherCurrentAssets | 3.80M | 4.20M | 7.90M | 3.90M |
| RestrictedCash | 3.00M | 3.00M | 2.10M | 0.00 |
| PrepaidAssets | 3.90M | |||
| Receivables | 95.90M | 102.00M | 92.00M | 53.00M |
| ReceivablesAdjustmentsAllowances | -1.20M | -1.40M | -1.70M | -1.70M |
| OtherReceivables | 3.30M | 600.00K | 1.00M | |
| DuefromRelatedPartiesCurrent | 10.60M | 5.40M | ||
| AccountsReceivable | 83.20M | 98.00M | 93.10M | 53.70M |
| CashCashEquivalentsAndShortTermInvestments | 75.20M | 34.60M | 62.40M | 101.50M |
| OtherShortTermInvestments | 100.00K | 0.00 | 700.00K | 300.00K |
| CashAndCashEquivalents | 75.10M | 34.60M | 61.70M | 101.20M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 54.50M | -10.00M | -50.20M | -100.90M |
| RepurchaseOfCapitalStock | -13.80M | 0.00 | -200.00K | -2.00M |
| RepaymentOfDebt | 0.00 | -800.00K | -23.00M | -2.30M |
| IssuanceOfDebt | 0.00 | 50.00M | 50.00M | |
| CapitalExpenditure | -5.80M | -3.30M | -2.90M | -5.70M |
| InterestPaidSupplementalData | 900.00K | 12.50M | 66.50M | 58.60M |
| IncomeTaxPaidSupplementalData | 100.00K | 0.00 | 100.00K | |
| EndCashPosition | 78.10M | 37.60M | 63.80M | 101.20M |
| BeginningCashPosition | 37.60M | 63.80M | 101.20M | 180.30M |
| ChangesInCash | 40.50M | -26.20M | -37.40M | -79.10M |
| FinancingCashFlow | -14.10M | -52.10M | 10.30M | 21.50M |
| CashFlowFromContinuingFinancingActivities | -14.10M | -52.10M | 10.30M | 21.50M |
| NetOtherFinancingCharges | -50.80M | -7.00M | -7.30M | |
| CashDividendsPaid | -300.00K | -500.00K | -9.50M | -16.90M |
| CommonStockDividendPaid | -300.00K | -500.00K | -9.50M | -16.90M |
| NetCommonStockIssuance | -13.80M | 0.00 | -200.00K | -2.00M |
| CommonStockPayments | -13.80M | 0.00 | -200.00K | -2.00M |
| NetIssuancePaymentsOfDebt | 0.00 | -800.00K | 27.00M | 47.70M |
| NetShortTermDebtIssuance | 0.00 | 50.00M | 0.00 | |
| ShortTermDebtPayments | 0.00 | |||
| ShortTermDebtIssuance | 0.00 | 50.00M | 0.00 | |
| NetLongTermDebtIssuance | 0.00 | -800.00K | -23.00M | 47.70M |
| LongTermDebtPayments | 0.00 | -800.00K | -23.00M | -2.30M |
| LongTermDebtIssuance | 0.00 | 50.00M | ||
| InvestingCashFlow | -5.70M | 32.60M | -400.00K | -5.40M |
| CashFlowFromContinuingInvestingActivities | -5.70M | 32.60M | -400.00K | -5.40M |
| NetOtherInvestingChanges | 49.80M | 2.20M | ||
| NetInvestmentPurchaseAndSale | -1.10M | 1.00M | 300.00K | 300.00K |
| SaleOfInvestment | 0.00 | 1.00M | 300.00K | 300.00K |
| PurchaseOfInvestment | -1.10M | 0.00 | 0.00 | |
| NetBusinessPurchaseAndSale | 1.20M | -14.90M | 0.00 | |
| SaleOfBusiness | 1.20M | 600.00K | 0.00 | |
| PurchaseOfBusiness | 0.00 | -15.50M | 0.00 | |
| NetPPEPurchaseAndSale | -5.80M | -3.30M | -2.90M | -5.70M |
| PurchaseOfPPE | -5.80M | -3.30M | -2.90M | -5.70M |
| OperatingCashFlow | 60.30M | -6.70M | -47.30M | -95.20M |
| CashFlowFromContinuingOperatingActivities | 60.30M | -6.70M | -47.30M | -95.20M |
| ChangeInWorkingCapital | 21.90M | 11.00M | -32.00M | -18.80M |
| ChangeInOtherWorkingCapital | 13.80M | -7.40M | -7.20M | 4.80M |
| ChangeInPayablesAndAccruedExpense | 2.40M | -6.90M | 15.20M | 13.20M |
| ChangeInPayable | 2.40M | -6.90M | 15.20M | 13.20M |
| ChangeInAccountPayable | -100.00K | -2.70M | 14.20M | 2.30M |
| ChangeInPrepaidAssets | -4.90M | -11.00M | 0.00 | |
| ChangeInReceivables | 10.60M | 36.30M | -40.00M | -36.80M |
| OtherNonCashItems | 6.10M | -186.70M | 13.60M | -2.90M |
| StockBasedCompensation | 12.20M | 4.50M | 7.10M | 8.10M |
| AssetImpairmentCharge | 0.00 | 6.80M | 0.00 | |
| DeferredTax | 0.00 | |||
| DeferredIncomeTax | 0.00 | |||
| DepreciationAmortizationDepletion | 42.40M | 25.50M | 31.50M | 35.60M |
| DepreciationAndAmortization | 42.40M | 25.50M | 31.50M | 35.60M |
| AmortizationCashFlow | 37.80M | 22.40M | 25.00M | 24.70M |
| AmortizationOfIntangibles | 37.80M | 22.40M | 25.00M | 24.70M |
| Depreciation | 4.60M | 3.10M | 6.50M | 10.90M |
| OperatingGainsLosses | -557.70M | -8.10M | 1.20M | |
| GainLossOnSaleOfBusiness | 0.00 | -557.70M | 0.00 | |
| NetIncomeFromContinuingOperations | -22.30M | 696.70M | -66.20M | -118.40M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for NCMI
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|