Marcus (NYSE:MCS) Announces Earnings Results

Marcus (NYSE:MCS - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.09, Zacks reports. Marcus had a negative net margin of 1.44% and a positive return on equity of 1.39%. The firm had revenue of $188.31 million for the quarter, compared to analysts' expectations of $183.00 million.

Marcus Trading Down 3.5 %

Shares of MCS traded down $0.64 during trading on Monday, reaching $17.70. 294,529 shares of the company traded hands, compared to its average volume of 188,351. The stock has a 50-day simple moving average of $20.78 and a 200-day simple moving average of $18.85. The stock has a market cap of $557.20 million, a PE ratio of -52.06, a price-to-earnings-growth ratio of 3.12 and a beta of 1.53. Marcus has a twelve month low of $9.56 and a twelve month high of $23.16. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38.

Marcus Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.58%. The ex-dividend date is Tuesday, February 25th. Marcus's dividend payout ratio (DPR) is presently -107.69%.

Analyst Upgrades and Downgrades

MCS has been the topic of a number of analyst reports. Benchmark reaffirmed a "buy" rating and set a $25.00 target price on shares of Marcus in a research note on Thursday, January 30th. StockNews.com downgraded shares of Marcus from a "buy" rating to a "hold" rating in a report on Friday. Finally, Barrington Research reiterated an "outperform" rating and issued a $27.00 price objective on shares of Marcus in a report on Thursday.

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.