Marcus Corporation (The) (NYSE:MCS) – Equities researchers at Barrington Research increased their FY2017 earnings per share (EPS) estimates for Marcus Corporation (The) in a research report issued on Tuesday. Barrington Research analyst J. Goss now anticipates that the company will post earnings per share of $1.55 for the year, up from their prior forecast of $1.35. Barrington Research currently has a “Outperform” rating and a $37.00 target price on the stock. Barrington Research also issued estimates for Marcus Corporation (The)’s Q1 2018 earnings at $0.34 EPS, Q2 2018 earnings at $0.48 EPS, Q3 2018 earnings at $0.39 EPS, Q4 2018 earnings at $0.39 EPS and FY2018 earnings at $1.60 EPS.

Marcus Corporation (The) (NYSE:MCS) last issued its quarterly earnings results on Thursday, October 26th. The company reported $0.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.02. Marcus Corporation (The) had a return on equity of 9.73% and a net margin of 6.51%. The firm had revenue of $153.82 million during the quarter, compared to the consensus estimate of $153.91 million. During the same period last year, the company earned $0.51 earnings per share. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. ILLEGAL ACTIVITY WARNING: “Marcus Corporation (The) Expected to Earn FY2017 Earnings of $1.55 Per Share (MCS)” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/11/02/marcus-corporation-the-expected-to-earn-fy2017-earnings-of-1-55-per-share-mcs.html.

A number of other research analysts also recently commented on the company. Zacks Investment Research downgraded Marcus Corporation (The) from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. ValuEngine downgraded Marcus Corporation (The) from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. TheStreet downgraded Marcus Corporation (The) from a “b-” rating to a “c” rating in a research note on Thursday, August 3rd. Benchmark Co. restated a “buy” rating and set a $34.00 price objective (down from $37.00) on shares of Marcus Corporation (The) in a research note on Wednesday, October 4th. Finally, B. Riley set a $36.00 price objective on Marcus Corporation (The) and gave the stock a “buy” rating in a research note on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $35.67.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Monday, November 27th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.84%. Marcus Corporation (The)’s dividend payout ratio (DPR) is 35.97%.

Institutional investors have recently made changes to their positions in the company. Acrospire Investment Management LLC lifted its holdings in shares of Marcus Corporation (The) by 266.2% in the second quarter. Acrospire Investment Management LLC now owns 3,303 shares of the company’s stock valued at $100,000 after buying an additional 2,401 shares during the period. State of Alaska Department of Revenue lifted its holdings in shares of Marcus Corporation (The) by 80.1% in the second quarter. State of Alaska Department of Revenue now owns 3,764 shares of the company’s stock valued at $113,000 after buying an additional 1,674 shares during the period. Municipal Employees Retirement System of Michigan lifted its holdings in shares of Marcus Corporation (The) by 4.9% in the second quarter. Municipal Employees Retirement System of Michigan now owns 4,470 shares of the company’s stock valued at $135,000 after buying an additional 210 shares during the period. First Quadrant L P CA acquired a new stake in shares of Marcus Corporation (The) in the second quarter valued at $144,000. Finally, Stifel Financial Corp acquired a new stake in shares of Marcus Corporation (The) in the second quarter valued at $211,000. Institutional investors and hedge funds own 59.45% of the company’s stock.

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.

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

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