Marcus (NYSE:MCS) Given Outperform Rating at Barrington Research

Barrington Research restated their outperform rating on shares of Marcus (NYSE:MCS) in a report issued on Monday, Benzinga reports. The firm currently has a $20.00 price target on the stock.

Several other analysts also recently issued reports on MCS. Benchmark reaffirmed a buy rating and set a $20.00 price objective on shares of Marcus in a report on Tuesday, March 5th. B. Riley decreased their price objective on shares of Marcus from $23.00 to $19.00 and set a buy rating for the company in a report on Tuesday, January 2nd. Finally, StockNews.com downgraded shares of Marcus from a buy rating to a hold rating in a report on Thursday, February 1st.

Marcus Stock Performance

Shares of MCS opened at $13.32 on Monday. The company’s fifty day moving average is $14.12 and its 200-day moving average is $14.41. Marcus has a 12 month low of $12.78 and a 12 month high of $17.84. The firm has a market cap of $422.51 million, a price-to-earnings ratio of 42.97, a price-to-earnings-growth ratio of 12.58 and a beta of 1.47. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.37.

Marcus (NYSE:MCS) last announced its quarterly earnings results on Thursday, February 29th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.12. Marcus had a net margin of 2.03% and a return on equity of 3.19%. The company had revenue of $161.53 million for the quarter, compared to analyst estimates of $160.75 million. Equities analysts expect that Marcus will post 0.07 EPS for the current fiscal year.

Marcus Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend was Friday, March 1st. Marcus’s dividend payout ratio (DPR) is presently 90.32%.

Institutional Trading of Marcus

Hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC boosted its holdings in Marcus by 193.2% in the 4th quarter. Parallel Advisors LLC now owns 1,891 shares of the company’s stock valued at $28,000 after purchasing an additional 1,246 shares during the period. GAMMA Investing LLC bought a new stake in Marcus in the 4th quarter valued at $33,000. Louisiana State Employees Retirement System bought a new stake in Marcus in the 4th quarter valued at $179,000. SG Americas Securities LLC acquired a new position in shares of Marcus in the 3rd quarter valued at $210,000. Finally, Illinois Municipal Retirement Fund acquired a new position in shares of Marcus in the 3rd quarter valued at $212,000. 81.57% of the stock is owned by institutional investors.

About Marcus

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.