B. Riley Has Positive Outlook for Marcus FY2025 Earnings

Key Points

• B. Riley has increased its FY2025 earnings estimates for Marcus Corporation from $0.34 to $0.36 per share, maintaining a "Strong-Buy" rating.
• Marcus reported quarterly earnings of $0.23 per share, exceeding analysts' expectations of $0.19, and generated revenue of $206.04 million for the quarter.
• The company has announced an increase in its quarterly dividend to $0.08 per share, reflecting a 2.1% dividend yield and a positive change from the previous dividend of $0.07.

Marcus Corporation (The) (NYSE:MCS - Free Report) - Analysts at B. Riley boosted their FY2025 earnings per share estimates for shares of Marcus in a research report issued to clients and investors on Sunday, August 3rd. B. Riley analyst D. Crum now forecasts that the company will post earnings per share of $0.36 for the year, up from their previous estimate of $0.34. B. Riley has a "Strong-Buy" rating on the stock. The consensus estimate for Marcus' current full-year earnings is $0.36 per share.

Several other brokerages also recently issued reports on MCS. Barrington Research reissued an "outperform" rating and set a $25.00 price objective on shares of Marcus in a research report on Monday. Wedbush started coverage on shares of Marcus in a research note on Friday, July 18th. They issued an "outperform" rating and a $24.00 target price for the company. Wall Street Zen lowered Marcus from a "buy" rating to a "hold" rating in a report on Thursday, May 15th. Finally, Benchmark reaffirmed a "buy" rating and set a $25.00 price objective on shares of Marcus in a research report on Friday, April 11th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Marcus has an average rating of "Buy" and an average target price of $24.50.

Marcus Stock Down 3.5%

MCS stock traded down $0.53 during mid-day trading on Wednesday, hitting $14.57. 320,334 shares of the company were exchanged, compared to its average volume of 264,020. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.42 and a current ratio of 0.39. Marcus has a 1-year low of $12.68 and a 1-year high of $23.16. The firm's 50 day simple moving average is $16.96 and its 200 day simple moving average is $17.60. The firm has a market cap of $455.95 million, a P/E ratio of 32.37, a P/E/G ratio of 2.82 and a beta of 1.24.

Marcus (NYSE:MCS - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.04. Marcus had a return on equity of 4.28% and a net margin of 1.91%. The business had revenue of $206.04 million for the quarter, compared to analysts' expectations of $192.79 million.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Marcus by 4.1% during the first quarter. Vanguard Group Inc. now owns 1,500,287 shares of the company's stock worth $25,040,000 after buying an additional 59,336 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Marcus by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,481,190 shares of the company's stock worth $31,845,000 after acquiring an additional 24,325 shares during the last quarter. Orbis Allan Gray Ltd raised its stake in Marcus by 5.4% in the 1st quarter. Orbis Allan Gray Ltd now owns 1,260,565 shares of the company's stock valued at $21,039,000 after acquiring an additional 64,482 shares during the period. KLCM Advisors Inc. raised its stake in Marcus by 4.4% in the 1st quarter. KLCM Advisors Inc. now owns 1,063,254 shares of the company's stock valued at $17,746,000 after acquiring an additional 44,621 shares during the period. Finally, American Century Companies Inc. lifted its holdings in Marcus by 14.7% during the 1st quarter. American Century Companies Inc. now owns 844,953 shares of the company's stock valued at $14,102,000 after purchasing an additional 108,334 shares during the last quarter. 81.57% of the stock is owned by institutional investors and hedge funds.

Marcus Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Monday, August 25th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.2%. This is a boost from Marcus's previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Monday, August 25th. Marcus's payout ratio is currently 62.22%.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.