Wall Street brokerages expect that Marcus Corporation (The) (NYSE:MCS) will announce $0.45 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Marcus Corporation (The)’s earnings. The lowest EPS estimate is $0.40 and the highest is $0.50. Marcus Corporation (The) posted earnings per share of $0.51 during the same quarter last year, which suggests a negative year-over-year growth rate of 11.8%. The firm is expected to issue its next quarterly earnings results on Thursday, October 26th.

On average, analysts expect that Marcus Corporation (The) will report full year earnings of $1.53 per share for the current financial year, with EPS estimates ranging from $1.45 to $1.61. For the next financial year, analysts forecast that the firm will post earnings of $1.69 per share, with EPS estimates ranging from $1.60 to $1.78. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover Marcus Corporation (The).

Marcus Corporation (The) (NYSE:MCS) last posted its earnings results on Thursday, July 27th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by $0.03. Marcus Corporation (The) had a return on equity of 10.78% and a net margin of 7.18%. The firm had revenue of $152.80 million for the quarter, compared to analyst estimates of $158.43 million. During the same period in the previous year, the firm posted $0.34 earnings per share. The company’s revenue for the quarter was up 13.2% on a year-over-year basis.

MCS has been the subject of a number of recent analyst reports. ValuEngine raised Marcus Corporation (The) from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Benchmark Co. reaffirmed a “buy” rating and set a $37.80 target price (up previously from $34.96) on shares of Marcus Corporation (The) in a research report on Saturday, April 29th. B. Riley reaffirmed a “buy” rating and set a $42.00 target price on shares of Marcus Corporation (The) in a research report on Saturday, April 29th. TheStreet cut Marcus Corporation (The) from a “b-” rating to a “c” rating in a research report on Thursday, August 3rd. Finally, Zacks Investment Research cut Marcus Corporation (The) from a “buy” rating to a “hold” rating in a research report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. Marcus Corporation (The) has a consensus rating of “Buy” and a consensus price target of $37.45.

Marcus Corporation (NYSE MCS) traded down 1.16% on Tuesday, hitting $25.50. 106,244 shares of the stock were exchanged. The company’s 50 day moving average price is $28.35 and its 200-day moving average price is $30.88. Marcus Corporation has a one year low of $22.62 and a one year high of $34.90. The company has a market cap of $709.38 million, a P/E ratio of 16.89 and a beta of 0.63.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be given a $0.125 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $0.50 annualized dividend and a dividend yield of 1.96%. Marcus Corporation (The)’s dividend payout ratio is 33.11%.

In other news, VP Thomas F. Kissinger sold 4,000 shares of the stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of $32.17, for a total value of $128,680.00. Following the completion of the sale, the vice president now directly owns 60,039 shares of the company’s stock, valued at $1,931,454.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Douglas A. Neis sold 3,000 shares of the stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $33.83, for a total value of $101,490.00. Following the completion of the sale, the chief financial officer now directly owns 71,339 shares of the company’s stock, valued at $2,413,398.37. The disclosure for this sale can be found here. 33.53% of the stock is currently owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. Teachers Advisors LLC boosted its stake in Marcus Corporation (The) by 22.4% in the fourth quarter. Teachers Advisors LLC now owns 56,330 shares of the company’s stock valued at $1,774,000 after buying an additional 10,325 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in Marcus Corporation (The) by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 7,700 shares of the company’s stock valued at $247,000 after buying an additional 100 shares in the last quarter. Rice Hall James & Associates LLC boosted its stake in Marcus Corporation (The) by 19.0% in the first quarter. Rice Hall James & Associates LLC now owns 86,875 shares of the company’s stock valued at $2,789,000 after buying an additional 13,868 shares in the last quarter. Dalton Greiner Hartman Maher & Co. boosted its stake in Marcus Corporation (The) by 0.3% in the first quarter. Dalton Greiner Hartman Maher & Co. now owns 69,918 shares of the company’s stock valued at $2,244,000 after buying an additional 237 shares in the last quarter. Finally, CAPROCK Group Inc. acquired a new stake in Marcus Corporation (The) during the first quarter valued at $248,000. 57.89% of the stock is owned by institutional investors.

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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.

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

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