The Marcus Co. (NYSE:MCS - Free Report) - Stock analysts at Barrington Research raised their Q3 2024 earnings per share (EPS) estimates for Marcus in a report released on Monday, May 6th. Barrington Research analyst J. Goss now expects that the company will earn $0.34 per share for the quarter, up from their previous estimate of $0.29. Barrington Research has a "Outperform" rating and a $20.00 price objective on the stock. The consensus estimate for Marcus' current full-year earnings is $0.13 per share. Barrington Research also issued estimates for Marcus' Q4 2024 earnings at $0.16 EPS and FY2024 earnings at $0.26 EPS.
MCS has been the topic of several other reports. Benchmark restated a "buy" rating and set a $20.00 target price on shares of Marcus in a report on Tuesday, March 5th. StockNews.com lowered shares of Marcus from a "buy" rating to a "hold" rating in a report on Thursday, February 1st.
View Our Latest Stock Report on Marcus
Marcus Trading Down 0.5 %
Shares of Marcus stock traded down $0.06 during trading hours on Wednesday, hitting $11.18. The company's stock had a trading volume of 892,500 shares, compared to its average volume of 440,998. The company has a market capitalization of $354.65 million, a PE ratio of 46.54, a price-to-earnings-growth ratio of 6.35 and a beta of 1.48. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.43 and a quick ratio of 0.43. The stock has a 50 day moving average of $13.71 and a 200 day moving average of $14.19. Marcus has a 12 month low of $10.87 and a 12 month high of $16.75.
Marcus (NYSE:MCS - Get Free Report) last released its quarterly earnings data on Thursday, February 29th. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.12. The business had revenue of $161.53 million for the quarter, compared to analyst estimates of $160.75 million. Marcus had a net margin of 1.73% and a return on equity of 2.66%.
Institutional Trading of Marcus
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC increased its position in shares of Marcus by 193.2% during the 4th quarter. Parallel Advisors LLC now owns 1,891 shares of the company's stock worth $28,000 after purchasing an additional 1,246 shares during the last quarter. GAMMA Investing LLC acquired a new position in Marcus during the fourth quarter worth $33,000. Cornerstone Investment Partners LLC bought a new stake in Marcus during the first quarter worth $169,000. Louisiana State Employees Retirement System acquired a new stake in Marcus in the fourth quarter valued at $179,000. Finally, SG Americas Securities LLC bought a new position in shares of Marcus in the 3rd quarter valued at about $210,000. 81.57% of the stock is currently owned by institutional investors and hedge funds.
Marcus Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.28 annualized dividend and a dividend yield of 2.50%. Marcus's dividend payout ratio is currently 116.67%.
About Marcus
(
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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.
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