The Marcus Co. to Post Q2 2024 Earnings of $0.05 Per Share, Barrington Research Forecasts (NYSE:MCS)

The Marcus Co. (NYSE:MCS) – Analysts at Barrington Research dropped their Q2 2024 EPS estimates for Marcus in a research report issued on Monday, May 6th. Barrington Research analyst J. Goss now expects that the company will post earnings of $0.05 per share for the quarter, down from their previous forecast of $0.12. Barrington Research currently has a “Outperform” rating and a $20.00 target price on the stock. The consensus estimate for Marcus’ current full-year earnings is $0.13 per share. Barrington Research also issued estimates for Marcus’ Q1 2025 earnings at ($0.26) EPS, Q2 2025 earnings at $0.19 EPS, Q3 2025 earnings at $0.30 EPS, Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.35 EPS and FY2026 earnings at $0.43 EPS.

Marcus (NYSE:MCS) last announced its quarterly earnings data on Thursday, February 29th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.12. The company had revenue of $161.53 million for the quarter, compared to analyst estimates of $160.75 million. Marcus had a return on equity of 2.66% and a net margin of 1.73%.

A number of other research firms also recently commented on MCS. StockNews.com downgraded Marcus from a “buy” rating to a “hold” rating in a report on Thursday, February 1st. Benchmark reiterated a “buy” rating and issued a $20.00 price objective on shares of Marcus in a research note on Tuesday, March 5th.

Marcus Stock Down 0.5 %

Marcus stock opened at $11.18 on Thursday. The stock’s 50 day moving average price is $13.64 and its 200 day moving average price is $14.17. Marcus has a 1-year low of $10.87 and a 1-year high of $16.75. The company has a market cap of $354.65 million, a PE ratio of 46.58, a price-to-earnings-growth ratio of 6.35 and a beta of 1.48. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.43 and a quick ratio of 0.43.

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 issued a dividend of $0.07 per share. The ex-dividend date was Friday, March 1st. This represents a $0.28 annualized dividend and a yield of 2.50%. Marcus’s dividend payout ratio is presently 116.67%.

Institutional Trading of Marcus

Several large investors have recently bought and sold shares of MCS. SG Americas Securities LLC acquired a new position in Marcus during the third quarter worth about $210,000. Assenagon Asset Management S.A. lifted its stake in Marcus by 20.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 264,113 shares of the company’s stock valued at $4,094,000 after buying an additional 45,650 shares in the last quarter. Versor Investments LP acquired a new stake in Marcus during the 3rd quarter valued at $309,000. Illinois Municipal Retirement Fund acquired a new stake in Marcus during the 3rd quarter valued at $212,000. Finally, Jump Financial LLC purchased a new position in Marcus during the third quarter worth $412,000. Institutional investors and hedge funds own 81.57% of the company’s stock.

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.