Barrington Research Reaffirms Outperform Rating for Marcus (NYSE:MCS)

Barrington Research reissued their outperform rating on shares of Marcus (NYSE:MCS) in a research report released on Monday morning, Benzinga reports. Barrington Research currently has a $20.00 price objective on the stock. Barrington Research also issued estimates for Marcus’ Q3 2024 earnings at $0.29 EPS, Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.32 EPS and Q4 2025 earnings at $0.17 EPS.

Several other equities analysts also recently weighed in on MCS. StockNews.com downgraded shares of Marcus from a buy rating to a hold rating in a research note on Thursday, February 1st. Benchmark reissued a buy rating and issued a $20.00 price target on shares of Marcus in a research note on Tuesday, March 5th. Finally, B. Riley decreased their price target on shares of Marcus from $23.00 to $19.00 and set a buy rating on the stock in a research note on Tuesday, January 2nd.

Marcus Stock Performance

MCS opened at $13.64 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.37. The company has a market cap of $432.66 million, a price-to-earnings ratio of 44.00, a PEG ratio of 12.70 and a beta of 1.47. Marcus has a 52-week low of $12.78 and a 52-week high of $17.84. The firm’s fifty day simple moving average is $14.11 and its two-hundred day simple moving average is $14.40.

Marcus (NYSE:MCS) last posted its quarterly earnings data on Thursday, February 29th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.12. The business had revenue of $161.53 million for the quarter, compared to the consensus estimate of $160.75 million. Marcus had a net margin of 2.03% and a return on equity of 3.19%. Equities analysts anticipate that Marcus will post 0.07 earnings per share for the current fiscal year.

Marcus Announces Dividend

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

Institutional Investors Weigh In On Marcus

Hedge funds and other institutional investors have recently bought and sold shares of the company. Assenagon Asset Management S.A. increased its position in Marcus by 27.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 335,302 shares of the company’s stock worth $4,889,000 after purchasing an additional 71,189 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in shares of Marcus during the fourth quarter valued at about $15,410,000. KLCM Advisors Inc. increased its position in shares of Marcus by 0.5% during the fourth quarter. KLCM Advisors Inc. now owns 564,964 shares of the company’s stock valued at $8,237,000 after acquiring an additional 2,999 shares during the last quarter. American Century Companies Inc. increased its position in shares of Marcus by 10.1% during the third quarter. American Century Companies Inc. now owns 282,259 shares of the company’s stock valued at $4,375,000 after acquiring an additional 25,867 shares during the last quarter. Finally, WINTON GROUP Ltd increased its position in shares of Marcus by 8.3% during the third quarter. WINTON GROUP Ltd now owns 22,650 shares of the company’s stock valued at $351,000 after acquiring an additional 1,735 shares during the last quarter. 81.57% of the stock is currently owned by institutional investors and hedge funds.

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.