Benchmark Co. restated their buy rating on shares of Marcus Corporation (The) (NYSE:MCS) in a research report released on Wednesday, October 4th, Marketbeat reports. They currently have a $34.00 price target on the stock, down from their previous price target of $37.00.

MCS has been the topic of several other research reports. Barrington Research lowered 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. ValuEngine downgraded shares of Marcus Corporation (The) from a buy rating to a hold rating in a research note on Friday, September 1st. TheStreet downgraded shares of Marcus Corporation (The) from a b- rating to a c rating in a research note on Thursday, August 3rd. Zacks Investment Research raised Marcus Corporation (The) from a sell rating to a hold rating in a report on Thursday, September 28th. Finally, B. Riley reissued a buy rating and set a $38.00 price objective on shares of Marcus Corporation (The) in a report on Saturday, July 29th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of $36.33.

Marcus Corporation (NYSE MCS) traded up 0.18% during midday trading on Wednesday, reaching $27.60. 87,270 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $26.54 and its 200-day moving average price is $29.52. The company has a market capitalization of $767.80 million, a PE ratio of 18.28 and a beta of 0.73. Marcus Corporation has a 1-year low of $23.85 and a 1-year high of $34.90.

Marcus Corporation (The) (NYSE:MCS) last issued its quarterly earnings data 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 net margin of 7.18% and a return on equity of 10.78%. The business had revenue of $152.80 million for the quarter, compared to the consensus estimate of $158.43 million. During the same period in the previous year, the business posted $0.34 EPS. Marcus Corporation (The)’s revenue was up 13.2% compared to the same quarter last year. Equities analysts expect that Marcus Corporation will post $1.46 EPS for the current year.

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The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $0.50 annualized dividend and a dividend yield of 1.81%. Marcus Corporation (The)’s payout ratio is currently 33.11%.

Several institutional investors have recently bought and sold shares of MCS. Acrospire Investment Management LLC grew its position in shares of Marcus Corporation (The) by 266.2% during the 2nd quarter. Acrospire Investment Management LLC now owns 3,303 shares of the company’s stock worth $100,000 after buying an additional 2,401 shares during the period. State of Alaska Department of Revenue grew its position in shares of Marcus Corporation (The) by 80.1% in the 2nd quarter. State of Alaska Department of Revenue now owns 3,764 shares of the company’s stock valued at $113,000 after purchasing an additional 1,674 shares during the period. Municipal Employees Retirement System of Michigan grew its position in shares of Marcus Corporation (The) by 4.9% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 4,470 shares of the company’s stock valued at $135,000 after purchasing an additional 210 shares during the period. Mason Street Advisors LLC grew its position in shares of Marcus Corporation (The) by 7.0% in the 1st quarter. Mason Street Advisors LLC now owns 4,427 shares of the company’s stock valued at $142,000 after purchasing an additional 290 shares during the period. Finally, First Quadrant L P CA acquired a new position in shares of Marcus Corporation (The) in the 2nd quarter valued at approximately $144,000. Institutional investors own 59.39% of the company’s stock.

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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