Q3 2024 Earnings Estimate for The Marcus Co. Issued By Barrington Research (NYSE:MCS)

The Marcus Co. (NYSE:MCS - Free Report) - Barrington Research upped their Q3 2024 EPS estimates for Marcus in a research note issued on Monday, April 22nd. Barrington Research analyst J. Goss now forecasts that the company will post earnings per share of $0.29 for the quarter, up from their previous estimate of $0.28. Barrington Research currently has a "Outperform" rating and a $20.00 price target on the stock. The consensus estimate for Marcus' current full-year earnings is $0.07 per share. Barrington Research also issued estimates for Marcus' Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.32 EPS and Q4 2025 earnings at $0.17 EPS.

A number of other brokerages have also recently weighed in on MCS. StockNews.com cut shares of Marcus from a "buy" rating to a "hold" rating in a research report on Thursday, February 1st. Benchmark reissued a "buy" rating and set a $20.00 price target on shares of Marcus in a research report on Tuesday, March 5th. Finally, B. Riley reduced their price target on shares of Marcus from $23.00 to $19.00 and set a "buy" rating on the stock in a research report on Tuesday, January 2nd.

Marcus Trading Up 0.7 %

Shares of NYSE MCS traded up $0.09 during midday trading on Wednesday, reaching $13.64. 317,461 shares of the stock were exchanged, compared to its average volume of 419,617. The business has a 50-day simple moving average of $14.11 and a two-hundred day simple moving average of $14.40. The company has a market capitalization of $432.66 million, a price-to-earnings ratio of 44.00, a P/E/G ratio of 12.70 and a beta of 1.47. Marcus has a 12 month low of $12.78 and a 12 month high of $17.84. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.62 and a quick ratio of 0.62.

Marcus (NYSE:MCS - Get Free Report) last announced its quarterly earnings data on Thursday, February 29th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.17) by $0.12. Marcus had a net margin of 2.03% and a return on equity of 3.19%. The firm had revenue of $161.53 million for the quarter, compared to analysts' expectations of $160.75 million.

Institutional Investors Weigh In On Marcus

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC increased its stake in Marcus by 193.2% in the 4th quarter. Parallel Advisors LLC now owns 1,891 shares of the company's stock valued at $28,000 after buying an additional 1,246 shares during the last quarter. GAMMA Investing LLC acquired a new stake in Marcus in the 4th quarter valued at $33,000. Louisiana State Employees Retirement System acquired a new position in shares of Marcus during the 4th quarter worth about $179,000. SG Americas Securities LLC acquired a new position in shares of Marcus during the 3rd quarter worth about $210,000. Finally, Illinois Municipal Retirement Fund acquired a new position in shares of Marcus during the 3rd quarter worth about $212,000. 81.57% of the stock is currently owned by institutional investors and hedge funds.

Marcus Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were issued a dividend of $0.07 per share. The ex-dividend date was Friday, March 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.05%. Marcus's payout ratio is 90.32%.

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.