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National CineMedia, Inc. (NCMI)

Communication Services | Advertising Agencies | Centennial, United States | NasdaqGS
2.60 USD +0.10 (4.000%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.57 -0.03 (-0.030%) ⇩ (Aug. 28, 2026, 6:25 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★☆☆☆☆
Hot Take | Aug. 22, 2026, 5:53 a.m. EDT

The investment case for National CineMedia is severely compromised by a collapsing business model and a deteriorating balance sheet. While the company trades at a fraction of book value, the fundamentals tell a story of failure: the business is burning cash with negative operating margins and negative free cash flow, while revenue growth is merely a cosmetic 12.7% that cannot mask the operational bleed. The stock has already punished investors with a nearly 97% drawdown over the last decade, and the recent price action shows no sign of stabilization, having plunged sharply in the last two weeks. The dividend, while yielding over 3%, is a dangerous trap; it is being funded by a company that is losing money on every dollar of sales, making it unsustainable in the face of continued losses. Analyst targets suggest a theoretical recovery, but the market's pricing of a distressed asset with no clear path to profitability makes this a speculative gamble rather than an investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.118380
AutoETS0.118390
MSTL0.120755
AutoARIMA0.141745

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 22%
H-stat 23.10
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.05
Attribute Value
Sector Communication Services
Ex Dividend Date 2026-05-21
Last Dividend Date 2026-05-21
Debt to Equity Ratio 6.551
Revenue per Share 2.661
Market Cap 244,583,136
Forward P/E 21.67
Beta 1.44
Profit Margins -3.13%
Website https://www.ncm.com

As of Aug. 22, 2026, 5:53 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest dominates across all expirations, with significant concentration at the $5.0 strike acting as a psychological floor. Call activity is sparse and heavily skewed toward out-of-the-money strikes, indicating a lack of conviction in a near-term recovery despite the stock trading near its 52-week low.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.00% 2.62% 1.47% 2.45%
Dividend History
Date Dividend Yield %
2026-05-22 0.03 1.003344
2026-03-09 0.03 0.849858
2025-11-10 0.03 0.769231
2025-08-15 0.03 0.683371
2025-05-16 0.03 0.587084
2025-03-24 0.03 0.514580
2022-08-19 0.30 1.973684
2022-05-20 0.30 2.362205
2022-03-16 0.50 1.992032
2021-11-19 0.50 1.524390
2021-08-20 0.50 2.000000
2021-05-20 0.50 1.096491
2021-03-19 0.50 0.915751
2020-11-13 0.70 2.317881
2020-08-14 0.70 2.208202
2020-05-15 0.70 2.681992
2020-03-02 1.90 2.536716
2019-11-13 1.70 2.348066
2019-08-14 1.70 2.587519
2019-05-15 1.70 2.278820
2019-03-04 1.70 2.219321
2018-11-14 1.70 2.397743
2018-08-15 1.70 1.936219
2018-05-17 1.70 2.348066
2018-03-21 1.70 3.057554
2017-11-15 2.20 3.852890
2017-08-09 2.20 3.630363
2017-05-16 2.20 2.968961
2017-03-07 2.20 1.760000
2016-11-16 2.20 1.461794
2016-08-23 2.20 1.473543
2016-05-17 2.20 1.620029
2016-03-08 2.20 1.501706
2015-11-18 2.20 1.457919
2015-08-18 2.20 1.535241
2015-05-21 2.20 1.354680
2015-03-10 2.20 1.484480
2014-11-18 2.20 1.572552
2014-08-19 2.20 1.496599
2014-05-15 2.20 1.425794
2014-03-04 7.20 4.639175
2013-11-08 2.20 1.249290
2013-08-13 2.20 1.217488
2013-05-14 2.20 1.307190
2013-03-05 2.20 1.452145
2012-11-13 2.20 1.604668
2012-08-14 2.20 1.556971
2012-05-15 2.20 1.605839
2012-03-06 2.20 1.441678
2011-11-15 2.20 1.665405
2011-08-16 2.20 1.526717
2011-05-17 2.00 1.245330
2011-03-08 2.00 1.100715
2010-11-16 2.00 1.059883
2010-08-17 1.80 1.107011
2010-05-18 1.80 0.976139
2010-03-16 1.60 0.898372
2009-11-17 1.60 1.042345
2009-08-18 1.60 1.132343
2009-05-19 1.60 1.344538
2009-03-17 1.60 1.192250
2008-11-18 1.60 1.866978
2008-08-19 1.60 1.347936
2008-05-19 1.50 0.754527
2008-03-10 1.50 0.684307
2007-11-19 1.50 0.545852
2007-08-21 1.50 0.601443
Additional Data
dividendRate 0.12
dividendYield 3.15
exDividendDate 2026-05-22
trailingAnnualDividendRate 0.09
trailingAnnualDividendYield 0.036000002
lastDividendValue 0.03
lastDividendDate 2026-05-22
dividendDate 2026-06-04

Info Dump

Attribute Value
52 Week Change -0.44320714
Address1 6,300 South Syracuse Way
Address2 Suite 300
All Time High 298.0
All Time Low 1.0
Ask 3.22
Ask Size 2
Audit Risk 6
Average Daily Volume10 Day 1,116,880
Average Daily Volume3 Month 772,959
Average Volume 772,959
Average Volume10Days 1,116,880
Beta 1.442
Bid 2.57
Bid Size 1
Board Risk 2
Book Value 3.557
City Centennial
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.6
Current Ratio 1.839
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.625
Day Low 2.5
Debt To Equity 6.551
Display Name National CineMedia
Dividend Date 1,780,531,200
Dividend Rate 0.12
Dividend Yield 3.15
Earnings Call Timestamp End 1,786,482,000
Earnings Call Timestamp Start 1,786,482,000
Earnings Timestamp 1,786,478,400
Earnings Timestamp End 1,793,304,000
Earnings Timestamp Start 1,793,304,000
Ebitda 21,300,000
Ebitda Margins 0.08554
Enterprise To Ebitda 10.487
Enterprise To Revenue 0.897
Enterprise Value 223,383,152
Eps Current Year 0.17
Eps Forward 0.12
Eps Trailing Twelve Months -0.08
Esg Populated 0
Ex Dividend Date 1,779,408,000
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.5502
Fifty Day Average Change -0.9502001
Fifty Day Average Change Percent -0.2676469
Fifty Two Week Change Percent -44.320713
Fifty Two Week High 5.03
Fifty Two Week High Change -2.4300003
Fifty Two Week High Change Percent -0.48310143
Fifty Two Week Low 2.16
Fifty Two Week Low Change 0.43999982
Fifty Two Week Low Change Percent 0.20370361
Fifty Two Week Range 2.16 - 5.03
Financial Currency USD
First Trade Date Milliseconds 1,170,945,000,000
Five Year Avg Dividend Yield 16.07
Float Shares 65,657,406
Forward Eps 0.12
Forward P E 21.666666
Free Cashflow 30,362,500
Full Exchange Name NasdaqGS
Full Time Employees 248
Fullday Change 0.0999999
Fullday Change Percent 4.0
Fullday Price 2.57
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.43613997
Gross Profits 108,600,000
Has Pre Post Market Data 1
Held Percent Insiders 0.01354
Held Percent Institutions 0.93433
Implied Shares Outstanding 94,070,443
Industry Advertising Agencies
Industry Disp Advertising Agencies
Industry Key advertising-agencies
Ir Website http://investor.ncm.com/
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,779,408,000
Last Dividend Value 0.03
Last Fiscal Year End 1,767,225,600
Last Split Date 1,691,107,200
Last Split Factor 1:10
Long Business Summary National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. The company 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. It also sells digital advertising, including through NCM Boost, a data, insights and analytics platform that utilizes data; NCM Boost, a audience accelerator digital product; NCM Boomerang, retargeting solution designed to amplify post-theatre engagement; NCM Bullseye, an AI-generated creative to deliver dynamic and hyper-localized messaging; and NCM Blueprint, a real-time renovation permit data to identify homeowners who are actively engaged in remodelling projects. It offers its services to national and local sales groups. The company was incorporated in 2006 and is headquartered in Centennial, Colorado.
Long Name National CineMedia, Inc.
Market us_market
Market Cap 244,583,136
Market State CLOSED
Max Age 86,400
Message Board Id finmb_7958431
Most Recent Quarter 1,782,950,400
Net Income To Common -7,800,000
Next Fiscal Year End 1,798,761,600
Non Diluted Market Cap 235,176,107
Number Of Analyst Opinions 4
Open 2.5
Operating Cashflow 23,900,000
Operating Margins -0.21917999
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 0.7
Phone 303 792 3600
Post Market Change -0.029999971
Post Market Change Percent -1.1538451
Post Market Price 2.57
Post Market Time 1,787,955,930
Previous Close 2.5
Price Eps Current Year 15.294117
Price Hint 4
Price To Book 0.73095304
Price To Sales Trailing12 Months 0.9822616
Profit Margins -0.03133
Quick Ratio 1.731
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0999999
Regular Market Change Percent 4.0
Regular Market Day High 2.625
Regular Market Day Low 2.5
Regular Market Day Range 2.5 - 2.625
Regular Market Open 2.5
Regular Market Previous Close 2.5
Regular Market Price 2.6
Regular Market Time 1,787,947,200
Regular Market Volume 1,246,629
Return On Assets -0.01858
Return On Equity -0.0228
Revenue Growth 0.127
Revenue Per Share 2.661
Sand P52 Week Change 0.20504117
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 6
Shares Outstanding 94,070,443
Shares Percent Shares Out 0.0792
Shares Short 7,451,712
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 7,299,777
Short Name National CineMedia, Inc.
Short Percent Of Float 0.13239999
Short Ratio 7.15
Source Interval 15
State CO
Symbol NCMI
Target High Price 6.0
Target Low Price 4.0
Target Mean Price 4.8125
Target Median Price 4.625
Total Cash 43,100,000
Total Cash Per Share 0.458
Total Debt 21,900,000
Total Revenue 249,000,000
Tradeable 0
Trailing Annual Dividend Rate 0.09
Trailing Annual Dividend Yield 0.036000002
Trailing Eps -0.08
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.58
Two Hundred Day Average Change -0.98
Two Hundred Day Average Change Percent -0.27374303
Type Disp Equity
Volume 1,246,629
Website https://www.ncm.com
Zip 80,111