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

The Marcus Co. (NYSE:MCS) – Equities research analysts at Barrington Research upped their Q3 2024 earnings per share estimates for Marcus in a report released on Monday, April 22nd. Barrington Research analyst J. Goss now anticipates that the company will post earnings per share of $0.29 for the quarter, up from their prior 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.

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

MCS has been the subject of a number of other research reports. B. Riley reduced their price objective on Marcus from $23.00 to $19.00 and set a “buy” rating for the company in a research note on Tuesday, January 2nd. StockNews.com cut Marcus from a “buy” rating to a “hold” rating in a research report on Thursday, February 1st. Finally, Benchmark reaffirmed a “buy” rating and set a $20.00 price target on shares of Marcus in a research report on Tuesday, March 5th.

Marcus Trading Down 1.3 %

Shares of Marcus stock opened at $13.47 on Wednesday. The stock has a fifty day simple moving average of $14.09 and a 200 day simple moving average of $14.39. Marcus has a 12-month low of $12.78 and a 12-month high of $17.84. The company has a market capitalization of $427.27 million, a P/E ratio of 43.45, a price-to-earnings-growth ratio of 12.90 and a beta of 1.47. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.37.

Marcus Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were given a $0.07 dividend. The ex-dividend date was Friday, March 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.08%. Marcus’s dividend payout ratio is currently 90.32%.

Institutional Investors Weigh In On Marcus

A number of large investors have recently made changes to their positions in the business. Pacer Advisors Inc. purchased a new position in shares of Marcus in the 4th quarter valued at approximately $15,410,000. Gate City Capital Management LLC purchased a new position in Marcus during the fourth quarter valued at $11,669,000. Acadian Asset Management LLC raised its stake in Marcus by 2,777,533.3% during the third quarter. Acadian Asset Management LLC now owns 166,658 shares of the company’s stock valued at $2,582,000 after buying an additional 166,652 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in Marcus during the fourth quarter valued at $1,733,000. Finally, Assenagon Asset Management S.A. raised its stake in Marcus by 27.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 335,302 shares of the company’s stock valued at $4,889,000 after buying an additional 71,189 shares during the last quarter. 81.57% of the stock is currently owned by institutional investors.

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.