Q3 2024 EPS Estimates for The Marcus Co. Lifted by Analyst (NYSE:MCS)

The Marcus Co. (NYSE:MCS) – Equities research analysts at Barrington Research upped their Q3 2024 EPS estimates for shares of Marcus in a note issued to investors on Monday, April 22nd. Barrington Research analyst J. Goss now forecasts that the company will earn $0.29 per share for the quarter, up from their previous estimate of $0.28. 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 $0.07 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.

Marcus (NYSE:MCS) last issued its quarterly earnings results on Thursday, February 29th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.12. The company had revenue of $161.53 million during the quarter, compared to analyst estimates of $160.75 million. Marcus had a net margin of 2.03% and a return on equity of 3.19%.

A number of other analysts have also weighed in on the stock. Benchmark restated a “buy” rating and set a $20.00 price objective on shares of Marcus in a research note on Tuesday, March 5th. StockNews.com lowered shares of Marcus from a “buy” rating to a “hold” rating in a research note on Thursday, February 1st. Finally, B. Riley reduced their price objective on shares of Marcus from $23.00 to $19.00 and set a “buy” rating for the company in a research note on Tuesday, January 2nd.

Marcus Stock Up 0.7 %

Shares of Marcus stock opened at $13.64 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.62 and a quick ratio of 0.62. The company has a 50-day moving average of $14.11 and a 200 day moving average of $14.40. The firm 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 1 year low of $12.78 and a 1 year high of $17.84.

Marcus Dividend Announcement

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

Institutional Trading of Marcus

A number of institutional investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC boosted its holdings in shares of Marcus by 221.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,168 shares of the company’s stock valued at $216,000 after acquiring an additional 10,454 shares during the last quarter. Gate City Capital Management LLC purchased a new stake in shares of Marcus during the 4th quarter valued at about $11,669,000. Parallel Advisors LLC boosted its holdings in shares of Marcus by 193.2% during the 4th quarter. Parallel Advisors LLC now owns 1,891 shares of the company’s stock valued at $28,000 after acquiring an additional 1,246 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Marcus by 29.7% during the 4th quarter. Hsbc Holdings PLC now owns 89,683 shares of the company’s stock valued at $1,308,000 after acquiring an additional 20,538 shares during the last quarter. Finally, Trexquant Investment LP boosted its holdings in shares of Marcus by 312.4% during the 4th quarter. Trexquant Investment LP now owns 80,108 shares of the company’s stock valued at $1,168,000 after acquiring an additional 60,685 shares during the last quarter. Hedge funds and other institutional investors own 81.57% of the company’s stock.

About Marcus

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.