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Marcus Corporation (The) (NYSE:MCS) Receives Average Rating of "Moderate Buy" from Brokerages

Marcus logo with Consumer Discretionary background

Key Points

  • Marcus Corporation has received a consensus rating of "Moderate Buy" from six analysts, with an average twelve-month target price of $23.75.
  • Recent updates from analysts include upgrades to a "hold" rating from Zacks and a reaffirmed "outperform" rating from Barrington Research with a target price of $25.00.
  • The company has increased its quarterly dividend to $0.08, reflecting a 2.3% yield, up from the previous $0.07 dividend.
  • MarketBeat previews top five stocks to own in November.

Shares of Marcus Corporation (The) (NYSE:MCS - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $23.75.

MCS has been the subject of a number of recent research reports. Zacks Research upgraded Marcus from a "strong sell" rating to a "hold" rating in a research report on Thursday, September 18th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Marcus in a report on Tuesday. Barrington Research reaffirmed an "outperform" rating and set a $25.00 target price on shares of Marcus in a report on Tuesday, September 23rd. Benchmark reduced their price objective on shares of Marcus from $25.00 to $22.00 and set a "buy" rating for the company in a research note on Monday, October 6th. Finally, Wedbush began coverage on shares of Marcus in a research note on Friday, July 18th. They set an "outperform" rating and a $24.00 price objective for the company.

View Our Latest Stock Analysis on MCS

Institutional Investors Weigh In On Marcus

Hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC lifted its stake in Marcus by 60.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,494 shares of the company's stock worth $42,000 after acquiring an additional 937 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Marcus by 45.3% in the second quarter. Harbor Capital Advisors Inc. now owns 6,599 shares of the company's stock worth $111,000 after purchasing an additional 2,057 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Marcus by 38.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,700 shares of the company's stock worth $145,000 after purchasing an additional 2,424 shares in the last quarter. PharVision Advisers LLC purchased a new stake in Marcus in the 2nd quarter worth approximately $180,000. Finally, Fox Run Management L.L.C. purchased a new stake in Marcus in the 2nd quarter worth approximately $199,000. 81.57% of the stock is owned by hedge funds and other institutional investors.

Marcus Price Performance

Shares of NYSE MCS opened at $13.68 on Wednesday. Marcus has a twelve month low of $12.95 and a twelve month high of $23.16. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $428.27 million, a price-to-earnings ratio of 30.40, a PEG ratio of 2.40 and a beta of 1.02. The firm has a 50-day moving average of $15.22 and a two-hundred day moving average of $16.30.

Marcus (NYSE:MCS - Get Free Report) last issued its quarterly earnings results on Friday, August 1st. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.04. Marcus had a net margin of 1.91% and a return on equity of 4.28%. The company had revenue of $206.04 million during the quarter, compared to the consensus estimate of $192.79 million. As a group, analysts expect that Marcus will post 0.36 earnings per share for the current fiscal year.

Marcus Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, August 25th were issued a $0.08 dividend. The ex-dividend date was Monday, August 25th. This is an increase from Marcus's previous quarterly dividend of $0.07. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.3%. Marcus's dividend payout ratio is currently 71.11%.

Marcus Company Profile

(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.

Further Reading

Analyst Recommendations for Marcus (NYSE:MCS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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