Shares of Marcus Corporation (The) (NYSE:MCS) have received an average rating of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $34.75.
Several analysts have weighed in on MCS shares. TheStreet raised shares of Marcus from a “c” rating to a “b-” rating in a research report on Thursday, October 5th. B. Riley set a $36.00 price objective on shares of Marcus and gave the company a “buy” rating in a research note on Wednesday, October 18th. Zacks Investment Research upgraded shares of Marcus from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a research note on Wednesday. Benchmark restated a “buy” rating and set a $34.00 price objective (down from $37.00) on shares of Marcus in a research note on Wednesday, October 4th. Finally, ValuEngine cut shares of Marcus from a “buy” rating to a “hold” rating in a research note on Friday, September 1st.
A number of hedge funds and other institutional investors have recently made changes to their positions in MCS. Westwood Holdings Group Inc. lifted its stake in shares of Marcus by 45.5% in the 2nd quarter. Westwood Holdings Group Inc. now owns 530,462 shares of the company’s stock valued at $16,020,000 after purchasing an additional 165,790 shares during the period. Vanguard Group Inc. lifted its stake in shares of Marcus by 9.4% in the 2nd quarter. Vanguard Group Inc. now owns 1,054,210 shares of the company’s stock valued at $31,836,000 after purchasing an additional 90,670 shares during the period. Morgan Dempsey Capital Management LLC lifted its stake in shares of Marcus by 44.7% in the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 245,007 shares of the company’s stock valued at $6,738,000 after purchasing an additional 75,648 shares during the period. Nordea Investment Management AB lifted its stake in shares of Marcus by 1,387.0% in the 2nd quarter. Nordea Investment Management AB now owns 80,300 shares of the company’s stock valued at $2,425,000 after purchasing an additional 74,900 shares during the period. Finally, Dana Investment Advisors Inc. acquired a new position in shares of Marcus in the 2nd quarter valued at $2,206,000. Institutional investors and hedge funds own 60.15% of the company’s stock.
Shares of Marcus (NYSE:MCS) opened at $28.00 on Friday. The firm has a market cap of $782.27, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 1.22 and a beta of 0.72. Marcus has a 12-month low of $23.85 and a 12-month high of $34.90. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.47 and a current ratio of 0.47.
Marcus (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 company had revenue of $153.82 million for the quarter, compared to the consensus estimate of $153.91 million. Marcus had a net margin of 6.51% and a return on equity of 9.73%. Marcus’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 EPS. equities analysts expect that Marcus will post 1.52 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Monday, November 27th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.79%. The ex-dividend date was Friday, November 24th. Marcus’s payout ratio is 35.97%.
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Marcus 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.
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