Marcus (MCS) Set to Announce Quarterly Earnings on Thursday

Marcus (NYSE:MCS) will 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. Investors that are interested in registering for the company’s conference call can do so using this link.

Marcus (NYSE:MCS) last posted its quarterly earnings results on Thursday, February 29th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.12. The company had revenue of $161.53 million for the quarter, compared to analyst estimates of $160.75 million. Marcus had a net margin of 2.03% and a return on equity of 3.19%. On average, analysts expect Marcus to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Marcus Stock Performance

MCS traded down $0.11 on Tuesday, hitting $13.19. The company’s stock had a trading volume of 8,818 shares, compared to its average volume of 408,682. Marcus has a 12 month low of $12.78 and a 12 month high of $17.84. The firm has a market cap of $418.39 million, a P/E ratio of 42.92, a price-to-earnings-growth ratio of 7.12 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. The company’s 50 day simple moving average is $14.02 and its 200-day simple moving average is $14.33.

Marcus Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date was Friday, March 1st. Marcus’s payout ratio is currently 90.32%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Benchmark reiterated a “buy” rating and set a $20.00 price objective on shares of Marcus in a research note on Tuesday, March 5th. Barrington Research reissued an “outperform” rating and issued a $20.00 price target on shares of Marcus in a report on Monday, April 22nd. B. Riley cut their price objective on shares of Marcus from $23.00 to $19.00 and set a “buy” rating for the company in a research report on Tuesday, January 2nd. Finally, StockNews.com lowered shares of Marcus from a “buy” rating to a “hold” rating in a report on Thursday, February 1st.

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.