Q3 2024 EPS Estimates for The Marcus Co. (NYSE:MCS) Raised by B. Riley

The Marcus Co. (NYSE:MCS) – B. Riley raised their Q3 2024 earnings estimates for shares of Marcus in a report issued on Friday, May 3rd. B. Riley analyst E. Wold now forecasts that the company will earn $0.28 per share for the quarter, up from their prior 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.

Marcus (NYSE:MCS) last posted its earnings results on Thursday, February 29th. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.12. The business had revenue of $161.53 million for the quarter, compared to analysts’ expectations of $160.75 million. Marcus had a return on equity of 2.66% and a net margin of 1.73%.

A number of other equities analysts have also recently commented on MCS. StockNews.com cut shares of Marcus from a “buy” rating to a “hold” rating in a report on Thursday, February 1st. Barrington Research reaffirmed an “outperform” rating and issued a $20.00 target price on shares of Marcus in a report on Monday. Finally, Benchmark reiterated a “buy” rating and set a $20.00 target price on shares of Marcus in a research note on Tuesday, March 5th.

Marcus Trading Down 5.4 %

MCS opened at $11.27 on Monday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.37. Marcus has a 52 week low of $11.21 and a 52 week high of $16.75. The business’s 50 day moving average is $13.77 and its two-hundred day moving average is $14.22. The firm has a market cap of $357.48 million, a price-to-earnings ratio of 46.96, a price-to-earnings-growth ratio of 6.35 and a beta of 1.48.

Marcus Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were paid a $0.07 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.28 annualized dividend and a yield of 2.48%. Marcus’s dividend payout ratio is currently 116.67%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC lifted its position in Marcus by 193.2% in 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 acquired a new stake in shares of Marcus in the 4th quarter valued at approximately $33,000. Cornerstone Investment Partners LLC acquired a new stake in shares of Marcus in the 1st quarter valued at approximately $169,000. Louisiana State Employees Retirement System purchased a new stake in shares of Marcus in the fourth quarter valued at approximately $179,000. Finally, SG Americas Securities LLC acquired a new position in Marcus during the third quarter worth $210,000. 81.57% of the stock is currently owned by institutional investors and hedge funds.

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.