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

The Marcus Co. (NYSE:MCS) – Research analysts at Barrington Research increased their Q3 2024 earnings per share estimates for shares of Marcus in a research note issued on Monday, April 22nd. Barrington Research analyst J. Goss now expects 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 quarterly earnings results on Thursday, February 29th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.12. The company had revenue of $161.53 million for the quarter, compared to the consensus estimate of $160.75 million. Marcus had a return on equity of 3.19% and a net margin of 2.03%.

Several other research analysts also recently commented on the company. StockNews.com downgraded Marcus from a “buy” rating to a “hold” rating in a research report on Thursday, February 1st. Benchmark reaffirmed a “buy” rating and issued a $20.00 price target on shares of Marcus in a research report on Tuesday, March 5th. Finally, B. Riley dropped their price target on Marcus from $23.00 to $19.00 and set a “buy” rating on the stock in a research report on Tuesday, January 2nd.

Marcus Stock Performance

Shares of NYSE MCS opened at $13.55 on Wednesday. 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 business’s 50 day moving average is $14.11 and its two-hundred day moving average is $14.40. The company has a market cap of $429.81 million, a P/E ratio of 43.71, 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.

Marcus Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date was Friday, March 1st. Marcus’s dividend payout ratio is presently 90.32%.

Institutional Trading of Marcus

Institutional investors and hedge funds have recently modified their holdings of the company. Parallel Advisors LLC increased its position in shares of Marcus by 193.2% during the fourth quarter. Parallel Advisors LLC now owns 1,891 shares of the company’s stock valued at $28,000 after purchasing an additional 1,246 shares during the period. GAMMA Investing LLC bought a new stake in Marcus in the fourth quarter valued at $33,000. Louisiana State Employees Retirement System bought a new stake in Marcus in the fourth quarter valued at $179,000. SG Americas Securities LLC bought a new stake in Marcus in the third quarter valued at $210,000. Finally, Illinois Municipal Retirement Fund bought a new stake in Marcus in the third quarter valued at $212,000. 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.