Marcus (MCS) Set to Announce Earnings on Thursday

Marcus (NYSE:MCS) will be announcing its earnings results before the market opens on Thursday, October 31st. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Marcus (NYSE:MCS) last released its earnings results on Thursday, August 1st. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.20). The company had revenue of $176.03 million for the quarter, compared to analyst estimates of $170.74 million. Marcus had a negative net margin of 3.11% and a negative return on equity of 1.36%. During the same period in the previous year, the business posted $0.35 EPS. On average, analysts expect Marcus to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Marcus Price Performance

Shares of NYSE:MCS opened at $16.81 on Tuesday. The company has a 50 day moving average of $15.06 and a 200-day moving average of $12.92. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.39. Marcus has a twelve month low of $9.56 and a twelve month high of $16.95.

Marcus Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Monday, August 26th were given a $0.07 dividend. The ex-dividend date of this dividend was Monday, August 26th. This represents a $0.28 dividend on an annualized basis and a yield of 1.67%. Marcus’s dividend payout ratio (DPR) is -37.33%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on MCS shares. Barrington Research reiterated an “outperform” rating and set a $20.00 price target on shares of Marcus in a research report on Friday, September 20th. Benchmark raised their price objective on shares of Marcus from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. B. Riley increased their target price on shares of Marcus from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, July 8th. Finally, StockNews.com upgraded shares of Marcus from a “sell” rating to a “hold” rating in a research report on Tuesday, September 24th.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.