Marcus Corporation (The) (MCS) To Go Ex-Dividend on February 25th

Marcus Corporation (The) (NYSE:MCS) declared a quarterly dividend on Wednesday, February 11th. Investors of record on Wednesday, February 25th will be paid a dividend of 0.08 per share on Monday, March 16th. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Wednesday, February 25th.

Marcus has decreased its dividend by an average of 0.2%per year over the last three years and has raised its dividend annually for the last 2 consecutive years. Marcus has a payout ratio of 47.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Marcus to earn $0.46 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 69.6%.

Marcus Stock Down 0.4%

Marcus stock opened at $16.41 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.35 and a quick ratio of 0.35. Marcus has a fifty-two week low of $12.85 and a fifty-two week high of $21.73. The firm has a fifty day moving average price of $15.57 and a two-hundred day moving average price of $15.23. The firm has a market cap of $504.04 million, a price-to-earnings ratio of 68.39, a P/E/G ratio of 2.36 and a beta of 0.61.

Analyst Upgrades and Downgrades

Several equities analysts have commented on MCS shares. Barrington Research cut their price target on Marcus from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Monday, January 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Marcus in a research note on Monday, December 29th. Finally, Zacks Research downgraded shares of Marcus from a “hold” rating to a “strong sell” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Marcus presently has an average rating of “Moderate Buy” and a consensus price target of $23.50.

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. The company also owns and operates full-service hotels and resorts, as well as manages full-service hotels, resorts, and other properties. In addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development; and manages condominium hotels under long-term management contracts.