Equities analysts expect Marcus Corp (NYSE:MCS) to report $0.32 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Marcus’ earnings. The highest EPS estimate is $0.34 and the lowest is $0.29. Marcus reported earnings of $0.46 per share in the same quarter last year, which indicates a negative year over year growth rate of 30.4%. The firm is expected to announce its next earnings report on Thursday, February 28th.

On average, analysts expect that Marcus will report full year earnings of $1.88 per share for the current financial year, with EPS estimates ranging from $1.85 to $1.90. For the next year, analysts expect that the company will report earnings of $1.96 per share, with EPS estimates ranging from $1.91 to $2.00. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Marcus.

Marcus (NYSE:MCS) last posted its quarterly earnings data on Thursday, October 25th. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.09. The company had revenue of $170.60 million for the quarter, compared to analyst estimates of $170.47 million. Marcus had a net margin of 11.46% and a return on equity of 12.54%.

MCS has been the topic of several analyst reports. B. Riley lifted their target price on shares of Marcus from $36.00 to $40.00 and gave the company a “$33.70” rating in a report on Monday, July 23rd. Zacks Investment Research downgraded shares of Marcus from a “hold” rating to a “sell” rating in a report on Wednesday, July 25th. Barrington Research reaffirmed a “buy” rating and issued a $36.00 target price on shares of Marcus in a report on Thursday, July 26th. Finally, ValuEngine raised shares of Marcus from a “hold” rating to a “buy” rating in a report on Thursday, July 26th.

In related news, VP Thomas F. Kissinger sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $41.37, for a total transaction of $248,220.00. Following the completion of the transaction, the vice president now owns 85,064 shares of the company’s stock, valued at $3,519,097.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bruce J. Olson sold 3,600 shares of the company’s stock in a transaction that occurred on Wednesday, August 15th. The stock was sold at an average price of $36.90, for a total transaction of $132,840.00. Following the transaction, the director now directly owns 5,604 shares of the company’s stock, valued at approximately $206,787.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 171,343 shares of company stock worth $6,988,680. Insiders own 32.88% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Thompson Davis & CO. Inc. increased its position in 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 purchasing an additional 1,539 shares during the last quarter. Piedmont Investment Advisors LLC acquired a new position in Marcus during the second quarter worth approximately $147,000. Sei Investments Co. increased its position in 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 purchasing an additional 1,721 shares during the last quarter. Chicago Equity Partners LLC acquired a new position in Marcus during the third quarter worth approximately $218,000. Finally, Raymond James & Associates acquired a new position in Marcus during the second quarter worth approximately $208,000. 60.32% of the stock is owned by hedge funds and other institutional investors.

NYSE MCS traded down $0.22 during trading on Monday, reaching $41.28. The company’s stock had a trading volume of 126,840 shares, compared to its average volume of 169,081. The firm has a market cap of $1.16 billion, a PE ratio of 26.81, a P/E/G ratio of 1.47 and a beta of 0.60. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.49 and a current ratio of 0.47. Marcus has a twelve month low of $23.55 and a twelve month high of $44.61.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 17th. Stockholders of record on Monday, November 26th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.45%. The ex-dividend date is Friday, November 23rd. Marcus’s payout ratio is 38.96%.

Marcus Company Profile

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.

See Also: Price to Earnings Ratio (PE) Basics

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Earnings History and Estimates for Marcus (NYSE:MCS)

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