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

The Marcus Co. (NYSE:MCSFree Report) – Research analysts at B. Riley lifted their Q3 2024 EPS estimates for Marcus in a research note issued on Sunday, July 7th. B. Riley analyst E. Wold now anticipates that the company will post earnings of $0.32 per share for the quarter, up from their previous forecast of $0.28. B. Riley has a “Buy” rating and a $20.00 price objective 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.

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

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

View Our Latest Report on MCS

Marcus Stock Performance

Shares of Marcus stock opened at $10.69 on Tuesday. 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 stock has a market cap of $343.52 million, a price-to-earnings ratio of 44.52, a P/E/G ratio of 4.05 and a beta of 1.51. The company’s fifty day moving average is $10.97 and its 200 day moving average is $12.94. Marcus has a twelve month low of $9.56 and a twelve month high of $16.75.

Marcus Dividend Announcement

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

Institutional Investors Weigh In On Marcus

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC increased its stake in Marcus by 193.2% in the 4th 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 last quarter. GAMMA Investing LLC bought a new position in shares of Marcus during the 4th quarter valued at approximately $33,000. CWM LLC boosted its holdings in Marcus by 3,319.0% in the 2nd quarter. CWM LLC now owns 2,872 shares of the company’s stock worth $33,000 after buying an additional 2,788 shares during the period. Cornerstone Investment Partners LLC bought a new position in Marcus in the 1st quarter worth approximately $169,000. Finally, State Board of Administration of Florida Retirement System bought a new position in Marcus in the 1st quarter worth approximately $173,000. Institutional investors and hedge funds 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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