TheStreet upgraded shares of Marcus Corporation (The) (NYSE:MCS) from a c rating to a b- rating in a report released on Thursday morning.

Several other equities research analysts also recently weighed in on the company. Benchmark Co. reiterated a buy rating and issued a $34.00 price target (down from $37.00) on shares of Marcus Corporation (The) in a report on Wednesday. Zacks Investment Research upgraded Marcus Corporation (The) from a sell rating to a hold rating in a report on Thursday, September 28th. ValuEngine downgraded Marcus Corporation (The) from a buy rating to a hold rating in a report on Friday, September 1st. B. Riley reiterated a buy rating and issued a $38.00 price target on shares of Marcus Corporation (The) in a report on Saturday, July 29th. Finally, Barrington Research reduced their price target on Marcus Corporation (The) from $39.00 to $37.00 and set an outperform rating on the stock in a report on Friday, July 28th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of $36.33.

Shares of Marcus Corporation (NYSE:MCS) opened at 28.35 on Thursday. Marcus Corporation has a 12 month low of $23.85 and a 12 month high of $34.90. The company has a market capitalization of $788.67 million, a price-to-earnings ratio of 18.77 and a beta of 0.73. The stock has a 50 day moving average price of $26.07 and a 200-day moving average price of $29.63.

Marcus Corporation (The) (NYSE:MCS) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $152.80 million during the quarter, compared to analysts’ expectations of $158.43 million. During the same quarter in the previous year, the company posted $0.34 earnings per share. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. Analysts expect that Marcus Corporation will post $1.46 earnings per share for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were paid a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $0.50 annualized dividend and a yield of 1.76%. Marcus Corporation (The)’s dividend payout ratio (DPR) is currently 33.11%.

Large investors have recently made changes to their positions in the stock. Acrospire Investment Management LLC grew its stake in Marcus Corporation (The) by 266.2% in the second quarter. Acrospire Investment Management LLC now owns 3,303 shares of the company’s stock worth $100,000 after purchasing an additional 2,401 shares in the last quarter. State of Alaska Department of Revenue grew its stake in Marcus Corporation (The) by 80.1% in the second quarter. State of Alaska Department of Revenue now owns 3,764 shares of the company’s stock worth $113,000 after purchasing an additional 1,674 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its stake in Marcus Corporation (The) by 4.9% in the second quarter. Municipal Employees Retirement System of Michigan now owns 4,470 shares of the company’s stock worth $135,000 after purchasing an additional 210 shares in the last quarter. Mason Street Advisors LLC grew its stake in Marcus Corporation (The) by 7.0% in the first quarter. Mason Street Advisors LLC now owns 4,427 shares of the company’s stock worth $142,000 after purchasing an additional 290 shares in the last quarter. Finally, First Quadrant L P CA bought a new position in Marcus Corporation (The) in the second quarter worth approximately $144,000. 59.36% of the stock is currently owned by institutional investors.

Marcus Corporation (The) Company Profile

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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