Marcus (MCS) Set to Announce Earnings on Thursday

Marcus (NYSE:MCS - Get Free Report) is scheduled to be announcing its earnings results before the market opens on Thursday, October 31st. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Marcus (NYSE:MCS - Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.20). The business had revenue of $176.03 million during the quarter, compared to the consensus estimate of $170.74 million. Marcus had a negative net margin of 3.11% and a negative return on equity of 1.36%. During the same period in the previous year, the firm earned $0.35 EPS. On average, analysts expect Marcus to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Marcus Price Performance

MCS traded up $0.26 during midday trading on Thursday, reaching $16.47. 182,199 shares of the company's stock were exchanged, compared to its average volume of 542,595. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.39. The business has a 50-day simple moving average of $14.88 and a two-hundred day simple moving average of $12.87. The firm has a market capitalization of $529.59 million, a price-to-earnings ratio of 68.71 and a beta of 1.52. Marcus has a one year low of $9.56 and a one year high of $16.74.

Marcus Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Monday, August 26th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, August 26th. This represents a $0.28 annualized dividend and a dividend yield of 1.70%. Marcus's dividend payout ratio (DPR) is presently 116.67%.

Wall Street Analyst Weigh In

Several research firms have issued reports on MCS. B. Riley increased their price objective on Marcus from $19.00 to $20.00 and gave the stock a "buy" rating in a research note on Monday, July 8th. StockNews.com raised shares of Marcus from a "sell" rating to a "hold" rating in a report on Tuesday, September 24th. Barrington Research restated an "outperform" rating and issued a $20.00 price target on shares of Marcus in a research report on Friday, September 20th. Finally, Benchmark upped their price objective on shares of Marcus from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd.

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.