Marcus Corporation (The) (MCS) Receives $35.67 Average PT from Brokerages

Marcus Corporation (The) (NYSE:MCS) has received a consensus rating of “Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $35.67.

MCS has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of Marcus Corporation (The) from a “hold” rating to a “sell” rating in a research report on Friday, October 20th. TheStreet raised shares of Marcus Corporation (The) from a “c” rating to a “b-” rating in a research report on Thursday, October 5th. B. Riley reaffirmed a “buy” rating and set a $36.00 price objective on shares of Marcus Corporation (The) in a research report on Friday, October 27th. Barrington Research lowered their price objective on shares of Marcus Corporation (The) from $39.00 to $37.00 and set an “outperform” rating on the stock in a research report on Friday, July 28th. Finally, ValuEngine downgraded shares of Marcus Corporation (The) from a “buy” rating to a “hold” rating in a research report on Friday, September 1st.

Hedge funds have recently bought and sold shares of the business. Acrospire Investment Management LLC grew its position in Marcus Corporation (The) by 266.2% in the second 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 in the last quarter. State of Alaska Department of Revenue grew its position in Marcus Corporation (The) by 80.1% in the second 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 in the last quarter. Municipal Employees Retirement System of Michigan grew its position in Marcus Corporation (The) by 4.9% in the second 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 in the last quarter. First Quadrant L P CA bought a new stake in Marcus Corporation (The) in the second quarter worth approximately $144,000. Finally, Stifel Financial Corp bought a new stake in Marcus Corporation (The) in the second quarter worth approximately $211,000. 59.45% of the stock is owned by institutional investors.

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Marcus Corporation (MCS) traded down $0.40 during trading on Thursday, hitting $26.50. 50,700 shares of the stock traded hands, compared to its average volume of 76,253. The stock has a market capitalization of $737.47, a P/E ratio of 19.06, a P/E/G ratio of 1.16 and a beta of 0.71. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.46 and a current ratio of 0.47. Marcus Corporation has a 1-year low of $23.85 and a 1-year high of $34.90.

Marcus Corporation (The) (NYSE:MCS) last released its earnings results on Thursday, October 26th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.02. The business had revenue of $153.82 million for the quarter, compared to the consensus estimate of $153.91 million. Marcus Corporation (The) had a net margin of 6.51% and a return on equity of 9.73%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $0.51 earnings per share. research analysts predict that Marcus Corporation will post 1.52 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Monday, November 27th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Friday, November 24th. Marcus Corporation (The)’s payout ratio is presently 35.97%.

About Marcus Corporation (The)

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.

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