FY2024 EPS Estimates for The Marcus Co. Raised by B. Riley (NYSE:MCS)

by · The Cerbat Gem

The Marcus Co. (NYSE:MCS – Free Report) – Research analysts at B. Riley increased their FY2024 earnings per share estimates for Marcus in a research report issued on Thursday, October 3rd. B. Riley analyst E. Wold now expects that the company will post earnings of ($0.18) per share for the year, up from their previous estimate of ($0.24). B. Riley currently has a “Buy” rating and a $20.00 target price on the stock. The consensus estimate for Marcus’ current full-year earnings is ($0.14) per share. B. Riley also issued estimates for Marcus’ Q2 2025 earnings at $0.24 EPS and Q3 2025 earnings at $0.48 EPS.

Marcus (NYSE:MCS – Get Free Report) last announced its earnings results on Thursday, August 1st. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.20). The company had revenue of $176.03 million during the quarter, compared to analysts’ expectations of $170.74 million. Marcus had a negative return on equity of 1.36% and a negative net margin of 3.11%. During the same quarter last year, the firm posted $0.35 EPS.

Several other brokerages have also recently issued reports on MCS. Barrington Research restated an “outperform” rating and issued a $20.00 price objective on shares of Marcus in a research note on Friday, September 20th. StockNews.com raised shares of Marcus from a “sell” rating to a “hold” rating in a research report on Tuesday, September 24th. Finally, Benchmark lifted their price target on shares of Marcus from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd.

Get Our Latest Analysis on MCS

Marcus Trading Down 0.8 %

NYSE:MCS opened at $15.33 on Monday. The firm has a 50-day simple moving average of $14.21 and a 200-day simple moving average of $12.70. Marcus has a one year low of $9.56 and a one year high of $16.17. The firm has a market cap of $492.94 million, a P/E ratio of 63.88 and a beta of 1.52. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.51 and a current ratio of 0.51.

Hedge Funds Weigh In On Marcus

Several large investors have recently modified their holdings of the stock. Parallel Advisors LLC grew its holdings in shares of Marcus by 193.2% during 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 last quarter. GAMMA Investing LLC raised its holdings in shares of Marcus by 53.0% during the third quarter. GAMMA Investing LLC now owns 3,858 shares of the company’s stock valued at $58,000 after acquiring an additional 1,336 shares during the period. Avantax Advisory Services Inc. lifted its holdings in shares of Marcus by 5.8% in the first quarter. Avantax Advisory Services Inc. now owns 35,462 shares of the company’s stock valued at $506,000 after purchasing an additional 1,947 shares in the last quarter. Innealta Capital LLC acquired a new stake in Marcus during the 2nd quarter worth about $30,000. Finally, CWM LLC grew its position in Marcus by 3,319.0% during the second quarter. CWM LLC now owns 2,872 shares of the company’s stock valued at $33,000 after purchasing an additional 2,788 shares in the last quarter. Institutional investors own 81.57% of the company’s stock.

Marcus Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Monday, August 26th were issued a $0.07 dividend. The ex-dividend date of this dividend was Monday, August 26th. This represents a $0.28 annualized dividend and a yield of 1.83%. Marcus’s dividend payout ratio is currently 116.67%.

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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