Marcus Corp (NYSE:MCS) Announces $0.16 Dividend

Marcus Corp (NYSE:MCS) announced a dividend on Thursday, October 31st, Fidelity reports. Investors of record on Monday, November 25th will be paid a dividend of 0.16 per share on Monday, December 16th. The ex-dividend date is Friday, November 22nd.

Marcus stock traded down $0.03 during mid-day trading on Wednesday, reaching $34.01. 2,198 shares of the company’s stock were exchanged, compared to its average volume of 163,065. The business’s fifty day simple moving average is $35.14 and its 200 day simple moving average is $34.86. The firm has a market capitalization of $1.02 billion, a PE ratio of 17.52, a P/E/G ratio of 1.28 and a beta of 0.53. Marcus has a one year low of $31.90 and a one year high of $45.82. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.77.

Marcus (NYSE:MCS) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.09). The business had revenue of $211.46 million for the quarter, compared to the consensus estimate of $209.59 million. Marcus had a return on equity of 8.86% and a net margin of 5.44%. On average, sell-side analysts forecast that Marcus will post 1.72 earnings per share for the current year.

MCS has been the topic of a number of recent analyst reports. Deutsche Bank reiterated a “hold” rating on shares of Marcus in a report on Friday, November 8th. ValuEngine lowered Marcus from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Finally, Zacks Investment Research lowered Marcus from a “hold” rating to a “sell” rating in a report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. Marcus presently has an average rating of “Hold” and an average target price of $44.50.

About Marcus

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. As of March 12, 2019, it owned or operated 1,098 screens at 90 locations in 17 states; and owned and managed 21 hotels, resorts, and other properties in nine states. The company also operates a family entertainment center under the Funset Boulevard name in Appleton, Wisconsin, as well as owns and operates a retail outlet under the name of Ronnie's Plaza.

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Dividend History for Marcus (NYSE:MCS)

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