Marcus (MCS) Set to Announce Earnings on Thursday

Marcus (NYSE:MCS) is scheduled to be releasing its earnings data before the market opens on Thursday, May 2nd. Analysts expect Marcus to post earnings of ($0.41) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Marcus (NYSE:MCS) last released its quarterly earnings data on Thursday, February 29th. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.12. Marcus had a return on equity of 3.19% and a net margin of 2.03%. The company had revenue of $161.53 million for the quarter, compared to the consensus estimate of $160.75 million. On average, analysts expect Marcus to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Marcus Stock Up 0.7 %

Shares of NYSE:MCS opened at $13.64 on Thursday. The stock has a 50-day simple moving average of $14.11 and a 200-day simple moving average of $14.40. The stock has a market capitalization of $432.66 million, a P/E ratio of 44.00, a PEG ratio of 12.70 and a beta of 1.47. Marcus has a 1 year low of $12.78 and a 1 year high of $17.84. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.62 and a current ratio of 0.62.

Marcus Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were paid a dividend of $0.07 per share. The ex-dividend date was Friday, March 1st. This represents a $0.28 annualized dividend and a yield of 2.05%. Marcus’s dividend payout ratio is currently 90.32%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MCS. B. Riley reduced their target price on shares of Marcus from $23.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, January 2nd. Barrington Research reiterated an “outperform” rating and issued a $20.00 price objective on shares of Marcus in a report on Monday. StockNews.com lowered shares of Marcus from a “buy” rating to a “hold” rating in a research note on Thursday, February 1st. Finally, Benchmark reissued a “buy” rating and issued a $20.00 target price on shares of Marcus in a report on Tuesday, March 5th.

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.