Shares of Marcus Corp (NYSE:MCS) have received a consensus recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $37.00.

Several equities research analysts have weighed in on the stock. B. Riley increased their target price on shares of Marcus from $36.00 to $40.00 and gave the stock a “$33.70” rating in a report on Monday, July 23rd. ValuEngine upgraded shares of Marcus from a “hold” rating to a “buy” rating in a report on Thursday, July 26th. Barrington Research reiterated a “buy” rating and issued a $36.00 target price on shares of Marcus in a report on Thursday, July 26th. Finally, Zacks Investment Research lowered shares of Marcus from a “hold” rating to a “sell” rating in a report on Wednesday, July 25th.

In related news, Director Bruce J. Olson sold 3,600 shares of the firm’s stock in a transaction on Wednesday, August 1st. The shares were sold at an average price of $38.25, for a total transaction of $137,700.00. Following the sale, the director now directly owns 5,604 shares in the company, valued at $214,353. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Diane M. Gershowitz sold 52,122 shares of the firm’s stock in a transaction on Friday, August 3rd. The stock was sold at an average price of $38.08, for a total transaction of $1,984,805.76. Following the sale, the director now owns 8,735 shares in the company, valued at $332,628.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 144,647 shares of company stock worth $5,352,853. 32.88% of the stock is currently owned by company insiders.

Several large investors have recently modified their holdings of the stock. Thompson Davis & CO. Inc. raised its holdings in shares of Marcus by 92.3% during the second quarter. Thompson Davis & CO. Inc. now owns 3,207 shares of the company’s stock worth $104,000 after acquiring an additional 1,539 shares during the period. Sei Investments Co. raised its holdings in shares of Marcus by 55.6% during the first quarter. Sei Investments Co. now owns 4,817 shares of the company’s stock worth $146,000 after acquiring an additional 1,721 shares during the period. Swiss National Bank raised its holdings in shares of Marcus by 7.8% during the first quarter. Swiss National Bank now owns 31,800 shares of the company’s stock worth $965,000 after acquiring an additional 2,300 shares during the period. Legal & General Group Plc raised its holdings in shares of Marcus by 6.9% during the second quarter. Legal & General Group Plc now owns 38,527 shares of the company’s stock worth $1,253,000 after acquiring an additional 2,493 shares during the period. Finally, Macquarie Group Ltd. raised its holdings in shares of Marcus by 8.2% during the second quarter. Macquarie Group Ltd. now owns 33,000 shares of the company’s stock worth $1,072,000 after acquiring an additional 2,500 shares during the period. Institutional investors and hedge funds own 60.33% of the company’s stock.

MCS opened at $39.15 on Wednesday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 25.42, a PEG ratio of 1.48 and a beta of 0.58. Marcus has a twelve month low of $23.55 and a twelve month high of $40.45.

Marcus (NYSE:MCS) last posted its earnings results on Thursday, July 26th. The company reported $0.65 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.07. The company had revenue of $193.30 million for the quarter, compared to analyst estimates of $183.52 million. Marcus had a net margin of 10.97% and a return on equity of 11.83%. research analysts predict that Marcus will post 1.76 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 17th. Investors of record on Monday, August 27th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, August 24th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.53%. Marcus’s payout ratio is 38.96%.

About Marcus

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts. As of December 28, 2017, the company operated approximately 69 movie theatres with 895 screens in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and Ohio; owned or managed approximately 4,841 hotel and resort rooms; and 19 hotels, resorts, and other properties for third parties in nine states.

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