The Marcus Co. to Post Q3 2024 Earnings of $0.28 Per Share, B. Riley Forecasts (NYSE:MCS)

The Marcus Co. (NYSE:MCS) – Research analysts at B. Riley increased their Q3 2024 EPS estimates for Marcus in a report released on Friday, May 3rd. B. Riley analyst E. Wold now expects that the company will post earnings of $0.28 per share for the quarter, up from their previous estimate of $0.26. The consensus estimate for Marcus’ current full-year earnings is $0.13 per share. B. Riley also issued estimates for Marcus’ Q3 2025 earnings at $0.39 EPS.

Other research analysts also recently issued research reports about the company. StockNews.com downgraded Marcus from a “buy” rating to a “hold” rating in a research note on Thursday, February 1st. Barrington Research reiterated an “outperform” rating and set a $20.00 target price on shares of Marcus in a research report on Monday, April 22nd. Finally, Benchmark reiterated a “buy” rating and issued a $20.00 target price on shares of Marcus in a research note on Tuesday, March 5th.

Marcus Stock Performance

NYSE:MCS opened at $11.91 on Monday. The company has a market capitalization of $377.79 million, a P/E ratio of 49.63, a P/E/G ratio of 6.35 and a beta of 1.48. The business has a fifty day simple moving average of $13.84 and a two-hundred day simple moving average of $14.25. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.43 and a quick ratio of 0.62. Marcus has a 1 year low of $11.58 and a 1 year high of $17.25.

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. Marcus had a net margin of 1.73% and a return on equity of 2.66%. The company had revenue of $161.53 million during the quarter, compared to analyst estimates of $160.75 million.

Institutional Trading of Marcus

A number of institutional investors have recently added to or reduced their stakes in the stock. 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 buying an additional 1,246 shares during the period. GAMMA Investing LLC purchased a new position in Marcus during the fourth quarter valued at approximately $33,000. Cornerstone Investment Partners LLC bought a new stake in Marcus during the 1st quarter worth approximately $169,000. Louisiana State Employees Retirement System purchased a new stake in Marcus in the 4th quarter worth approximately $179,000. Finally, SG Americas Securities LLC bought a new position in Marcus in the 3rd quarter valued at $210,000. Hedge funds and other institutional investors own 81.57% of the company’s stock.

Marcus Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors 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 dividend on an annualized basis and a dividend yield of 2.35%. Marcus’s payout ratio is 116.67%.

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.