Marcus FY2024 EPS Estimate Boosted by Barrington Research

The Marcus Co. (NYSE:MCS) – Equities researchers at Barrington Research raised their FY2024 EPS estimates for Marcus in a report released on Monday, November 4th. Barrington Research analyst J. Goss now anticipates that the company will post earnings of $0.35 per share for the year, up from their prior estimate of $0.13. Barrington Research currently has a “Outperform” rating and a $20.00 target price on the stock. The consensus estimate for Marcus’ current full-year earnings is $0.19 per share. Barrington Research also issued estimates for Marcus’ Q4 2024 earnings at $0.10 EPS, Q1 2025 earnings at ($0.42) EPS, Q3 2025 earnings at $0.66 EPS, Q4 2025 earnings at $0.11 EPS, Q1 2026 earnings at ($0.36) EPS, Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.66 EPS and FY2026 earnings at $0.62 EPS.

Other equities analysts have also recently issued research reports about the company. StockNews.com upgraded Marcus from a “hold” rating to a “buy” rating in a report on Tuesday. Benchmark upped their target price on shares of Marcus from $20.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, November 1st.

Marcus Stock Up 4.3 %

Shares of NYSE MCS opened at $22.39 on Thursday. Marcus has a 12-month low of $9.56 and a 12-month high of $22.49. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The firm’s 50-day simple moving average is $15.88 and its 200 day simple moving average is $13.25. The company has a market cap of $719.84 million, a price-to-earnings ratio of -65.85, a price-to-earnings-growth ratio of 7.60 and a beta of 1.48.

Marcus Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, November 25th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.25%. Marcus’s dividend payout ratio is currently -82.35%.

Institutional Investors Weigh In On Marcus

Large investors have recently bought and sold shares of the company. Innealta Capital LLC acquired a new position in shares of Marcus in the 2nd quarter valued at $30,000. nVerses Capital LLC acquired a new position in Marcus in the third quarter valued at about $32,000. CWM LLC increased its holdings in shares of Marcus by 3,319.0% in the second quarter. CWM LLC now owns 2,872 shares of the company’s stock worth $33,000 after acquiring an additional 2,788 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Marcus by 53.0% during the third quarter. GAMMA Investing LLC now owns 3,858 shares of the company’s stock worth $58,000 after purchasing an additional 1,336 shares during the period. Finally, Creative Planning bought a new position in shares of Marcus during the 3rd quarter valued at about $159,000. 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.