The Marcus Co. Expected to Post Q3 2024 Earnings of $0.32 Per Share (NYSE:MCS)

The Marcus Co. (NYSE:MCSFree Report) – Equities researchers at B. Riley increased their Q3 2024 earnings estimates for Marcus in a research note issued to investors on Sunday, July 7th. B. Riley analyst E. Wold now expects that the company will earn $0.32 per share for the quarter, up from their previous estimate of $0.28. B. Riley currently has a “Buy” rating and a $20.00 price target on the stock. The consensus estimate for Marcus’ current full-year earnings is $0.17 per share. B. Riley also issued estimates for Marcus’ Q3 2025 earnings at $0.44 EPS and Q4 2025 earnings at $0.13 EPS.

Separately, Barrington Research restated an “outperform” rating and set a $20.00 price target on shares of Marcus in a report on Monday, May 6th.

Get Our Latest Analysis on MCS

Marcus Price Performance

Shares of Marcus stock opened at $10.69 on Tuesday. The business has a 50 day moving average of $10.97 and a 200 day moving average of $12.94. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.37. The company has a market cap of $343.52 million, a PE ratio of 44.52, a P/E/G ratio of 4.05 and a beta of 1.51. Marcus has a 52 week low of $9.56 and a 52 week high of $16.75.

Marcus (NYSE:MCSGet Free Report) last released its quarterly earnings data on Thursday, May 2nd. The company reported ($0.38) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.38). The firm had revenue of $138.55 million during the quarter, compared to analyst estimates of $141.88 million. Marcus had a return on equity of 2.66% and a net margin of 1.73%.

Marcus Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 26th. Investors of record on Monday, June 17th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend was Monday, June 17th. Marcus’s dividend payout ratio (DPR) is presently 116.67%.

Institutional Trading of Marcus

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pacer Advisors Inc. bought a new stake in Marcus during the 4th quarter valued at $15,410,000. Gate City Capital Management LLC purchased a new stake in shares of Marcus in the fourth quarter worth about $11,669,000. Acadian Asset Management LLC boosted its stake in shares of Marcus by 133.8% in the first quarter. Acadian Asset Management LLC now owns 436,845 shares of the company’s stock worth $6,227,000 after buying an additional 250,019 shares during the last quarter. Mesirow Financial Investment Management Inc. acquired a new position in Marcus in the 1st quarter worth about $3,256,000. Finally, Russell Investments Group Ltd. acquired a new position in shares of Marcus during the fourth quarter valued at approximately $1,733,000. Institutional investors own 81.57% of the company’s stock.

About Marcus

(Get Free Report)

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.

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Earnings History and Estimates for Marcus (NYSE:MCS)

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