Marcus’ (MCS) “Outperform” Rating Reiterated at Barrington Research

Barrington Research reaffirmed their outperform rating on shares of Marcus (NYSE:MCS) in a research report released on Monday, Benzinga reports. The brokerage currently has a $20.00 price target on the stock. Barrington Research also issued estimates for Marcus’ Q2 2024 earnings at $0.05 EPS, Q3 2024 earnings at $0.34 EPS, Q4 2024 earnings at $0.16 EPS, FY2024 earnings at $0.26 EPS, 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.

Several other research analysts have also recently commented on the company. Benchmark reissued a buy rating and set a $20.00 price target on shares of Marcus in a research report on Tuesday, March 5th. StockNews.com cut shares of Marcus from a buy rating to a hold rating in a research note on Thursday, February 1st.

Marcus Stock Down 0.5 %

MCS stock opened at $11.18 on Monday. The stock has a market capitalization of $354.65 million, a P/E ratio of 46.58, a P/E/G ratio of 6.35 and a beta of 1.48. Marcus has a fifty-two week low of $10.87 and a fifty-two week high of $16.75. The business has a 50-day moving average of $13.64 and a 200-day moving average of $14.17. 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 (NYSE:MCS) last released its earnings results 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. Marcus had a net margin of 1.73% and a return on equity of 2.66%. The business had revenue of $161.53 million during the quarter, compared to the consensus estimate of $160.75 million. On average, sell-side analysts anticipate that Marcus will post 0.13 earnings per share for the current fiscal year.

Marcus Dividend Announcement

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

Institutional Investors Weigh In On Marcus

Institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC grew its stake in shares of 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 acquiring an additional 1,246 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of Marcus in the fourth quarter valued at approximately $33,000. Cornerstone Investment Partners LLC acquired a new stake in Marcus during the first quarter worth approximately $169,000. State Board of Administration of Florida Retirement System acquired a new position in Marcus in the 1st quarter valued at $173,000. Finally, Louisiana State Employees Retirement System bought a new stake in shares of Marcus during the 4th quarter valued at $179,000. Institutional investors own 81.57% of the company’s stock.

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.