Equities research analysts expect Marcus Corporation (The) (NYSE:MCS) to post sales of $158.28 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Marcus Corporation (The)’s earnings, with the lowest sales estimate coming in at $156.66 million and the highest estimate coming in at $159.90 million. Marcus Corporation (The) posted sales of $144.70 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 9.4%. The business is expected to report its next quarterly earnings report before the market opens on Thursday, October 26th.

According to Zacks, analysts expect that Marcus Corporation (The) will report full year sales of $158.28 million for the current year, with estimates ranging from $632.60 million to $640.67 million. For the next fiscal year, analysts expect that the company will report sales of $669.18 million per share, with estimates ranging from $667.00 million to $671.35 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that that provide coverage for Marcus Corporation (The).

Marcus Corporation (The) (NYSE:MCS) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.03). The company had revenue of $152.80 million for the quarter, compared to analysts’ expectations of $158.43 million. Marcus Corporation (The) had a net margin of 7.18% and a return on equity of 10.78%. The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.34 earnings per share.

Several equities research analysts have weighed in on the company. B. Riley reissued a “buy” rating and issued a $38.00 price target on shares of Marcus Corporation (The) in a report on Saturday, July 29th. TheStreet raised Marcus Corporation (The) from a “c” rating to a “b-” rating in a report on Thursday, October 5th. Benchmark Co. reaffirmed a “buy” rating and set a $34.00 target price (down previously from $37.00) on shares of Marcus Corporation (The) in a report on Wednesday, October 4th. Zacks Investment Research upgraded Marcus Corporation (The) from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Finally, Barrington Research reduced their price target on Marcus Corporation (The) from $39.00 to $37.00 and set an “outperform” rating for the company in a research report on Friday, July 28th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Marcus Corporation (The) presently has a consensus rating of “Buy” and an average target price of $36.33.

Shares of Marcus Corporation (NYSE:MCS) opened at 28.00 on Thursday. The company has a market cap of $778.93 million, a PE ratio of 18.54 and a beta of 0.73. The stock’s 50 day moving average is $26.37 and its 200-day moving average is $29.56. Marcus Corporation has a one year low of $23.85 and a one year high of $34.90.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend was Wednesday, August 23rd. Marcus Corporation (The)’s dividend payout ratio (DPR) is presently 33.11%.

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A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Westwood Holdings Group Inc. increased its holdings in Marcus Corporation (The) by 45.5% during the 2nd quarter. Westwood Holdings Group Inc. now owns 530,462 shares of the company’s stock worth $16,020,000 after purchasing an additional 165,790 shares during the period. ClariVest Asset Management LLC increased its holdings in shares of Marcus Corporation (The) by 241.4% in the 2nd quarter. ClariVest Asset Management LLC now owns 144,131 shares of the company’s stock valued at $4,352,000 after acquiring an additional 101,913 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Marcus Corporation (The) 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 acquiring an additional 90,670 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Marcus Corporation (The) 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 acquiring an additional 74,900 shares during the last quarter. Finally, Dana Investment Advisors Inc. purchased a new position in shares of Marcus Corporation (The) in the 2nd quarter valued at about $2,206,000. 59.39% of the stock is currently owned by hedge funds and other institutional investors.

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.

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

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