Marcus Corporation (The) to Post Q4 2017 Earnings of $0.47 Per Share, Barrington Research Forecasts (MCS)

Marcus Corporation (The) (NYSE:MCS) – Analysts at Barrington Research boosted their Q4 2017 earnings estimates for shares of Marcus Corporation (The) in a report issued on Tuesday. Barrington Research analyst J. Goss now expects that the company will earn $0.47 per share for the quarter, up from their previous estimate of $0.37. Barrington Research currently has a “Outperform” rating and a $37.00 target price on the stock.

Marcus Corporation (The) (NYSE:MCS) last issued its earnings results on Thursday, October 26th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. Marcus Corporation (The) had a net margin of 6.51% and a return on equity of 9.73%. The company had revenue of $153.82 million for the quarter, compared to the consensus estimate of $153.91 million. During the same period in the previous year, the firm earned $0.51 earnings per share. Marcus Corporation (The)’s quarterly revenue was up 6.3% compared to the same quarter last year. COPYRIGHT VIOLATION NOTICE: “Marcus Corporation (The) to Post Q4 2017 Earnings of $0.47 Per Share, Barrington Research Forecasts (MCS)” was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another website, it was stolen and republished in violation of US and international copyright laws. The legal version of this report can be viewed at https://www.com-unik.info/2017/11/02/marcus-corporation-the-to-post-q4-2017-earnings-of-0-47-per-share-barrington-research-forecasts-mcs.html.

Several other research firms have also recently issued reports on MCS. Zacks Investment Research cut shares of Marcus Corporation (The) from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. B. Riley reaffirmed a “buy” rating and set a $38.00 price target (down from $42.00) on shares of Marcus Corporation (The) in a research note on Wednesday, July 19th. Benchmark Co. reaffirmed a “buy” rating and set a $34.00 price target (down from $37.00) on shares of Marcus Corporation (The) in a research note on Wednesday, October 4th. TheStreet raised shares of Marcus Corporation (The) from a “c” rating to a “b-” rating in a research note on Thursday, October 5th. Finally, ValuEngine cut shares of Marcus Corporation (The) from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. Marcus Corporation (The) presently has an average rating of “Buy” and an average target price of $35.67.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Monday, November 27th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.84%. Marcus Corporation (The)’s payout ratio is currently 35.97%.

Several hedge funds have recently made changes to their positions in MCS. Acrospire Investment Management LLC lifted its holdings in shares of Marcus Corporation (The) by 266.2% during the 2nd quarter. Acrospire Investment Management LLC now owns 3,303 shares of the company’s stock worth $100,000 after acquiring an additional 2,401 shares during the period. State of Alaska Department of Revenue lifted its holdings in shares of Marcus Corporation (The) by 80.1% during the 2nd quarter. State of Alaska Department of Revenue now owns 3,764 shares of the company’s stock worth $113,000 after acquiring an additional 1,674 shares during the period. Municipal Employees Retirement System of Michigan lifted its holdings in shares of Marcus Corporation (The) by 4.9% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 4,470 shares of the company’s stock worth $135,000 after acquiring an additional 210 shares during the period. First Quadrant L P CA purchased a new position in shares of Marcus Corporation (The) during the 2nd quarter worth about $144,000. Finally, Stifel Financial Corp purchased a new position in shares of Marcus Corporation (The) during the 2nd quarter worth about $211,000. Institutional investors and hedge funds own 59.45% of the company’s stock.

Marcus Corporation (The) Company Profile

The Marcus Corporation operates principally in two business segments: Theatres, and Hotels and Resorts. The Theatres segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Ohio, Minnesota, Iowa, North Dakota and Nebraska, and a family entertainment center in Wisconsin. The Hotels and Resorts segment owns and operates hotels and resorts in Wisconsin, Illinois, Oklahoma and Nebraska, and manages hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, Georgia, Florida and California.

Earnings History and Estimates for Marcus Corporation (The) (NYSE:MCS)

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