Wall Street analysts forecast that Marcus Corporation (The) (NYSE:MCS) will report earnings of $0.43 per share for the current quarter, Zacks reports. Two analysts have made estimates for Marcus Corporation (The)’s earnings, with the lowest EPS estimate coming in at $0.39 and the highest estimate coming in at $0.47. Marcus Corporation (The) posted earnings per share of $0.31 in the same quarter last year, which would indicate a positive year over year growth rate of 38.7%. The company is scheduled to report its next quarterly earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that Marcus Corporation (The) will report full-year earnings of $1.53 per share for the current financial year, with EPS estimates ranging from $1.50 to $1.55. For the next financial year, analysts forecast that the company will report earnings of $1.69 per share, with EPS estimates ranging from $1.60 to $1.77. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that cover Marcus Corporation (The).

Marcus Corporation (The) (NYSE:MCS) last released its earnings results on Thursday, October 26th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate 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 business had revenue of $153.82 million during the quarter, compared to analyst estimates of $153.91 million. During the same quarter in the prior year, the firm earned $0.51 earnings per share. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year.

A number of equities research analysts have recently issued reports on MCS shares. B. Riley set a $36.00 target price on shares of Marcus Corporation (The) and gave the stock a “buy” rating in a report on Wednesday, October 18th. Barrington Research dropped their target price on shares of Marcus Corporation (The) from $39.00 to $37.00 and set an “outperform” rating for the company in a report on Friday, July 28th. ValuEngine lowered shares of Marcus Corporation (The) from a “buy” rating to a “hold” rating in a report on Friday, September 1st. TheStreet lowered shares of Marcus Corporation (The) from a “b-” rating to a “c” rating in a report on Thursday, August 3rd. Finally, Zacks Investment Research raised shares of Marcus Corporation (The) from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $35.67.

Several institutional investors and hedge funds have recently made changes to their positions in MCS. Westwood Holdings Group Inc. grew its holdings in shares of Marcus Corporation (The) by 45.5% in the second 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. ClariVest Asset Management LLC grew its holdings in shares of Marcus Corporation (The) by 241.4% in the second quarter. ClariVest Asset Management LLC now owns 144,131 shares of the company’s stock valued at $4,352,000 after purchasing an additional 101,913 shares during the period. Vanguard Group Inc. grew its holdings in shares of Marcus Corporation (The) by 9.4% in the second 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 grew its holdings in shares of Marcus Corporation (The) by 44.7% in the third 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. Finally, Nordea Investment Management AB grew its holdings in shares of Marcus Corporation (The) by 1,387.0% in the second 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. 59.58% of the stock is owned by hedge funds and other institutional investors.

Shares of Marcus Corporation (MCS) opened at $27.60 on Friday. Marcus Corporation has a 1-year low of $23.85 and a 1-year high of $34.90. The stock has a market cap of $768.33, a price-to-earnings ratio of 19.86, a PEG ratio of 1.21 and a beta of 0.71. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.81.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Monday, November 27th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Friday, November 24th. Marcus Corporation (The)’s dividend payout ratio is currently 35.97%.

TRADEMARK VIOLATION NOTICE: “Zacks: Analysts Expect Marcus Corporation (The) (MCS) Will Announce Earnings of $0.43 Per Share” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/11/19/zacks-analysts-expect-marcus-corporation-the-mcs-will-announce-earnings-of-0-43-per-share.html.

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.

Get a free copy of the Zacks research report on Marcus Corporation (The) (MCS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Stock Ratings for Marcus Corporation (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marcus Corporation (The) and related stocks with our FREE daily email newsletter.