Marcus Corporation (The) (MCS) To Go Ex-Dividend on June 1st

Marcus Corporation (The) (NYSE:MCS) declared a quarterly dividend on Thursday, May 21st. Investors of record on Monday, June 1st will be given a dividend of 0.08 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, June 1st.

Marcus has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Marcus has a dividend payout ratio of 47.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Marcus to earn $0.65 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 49.2%.

Marcus Stock Down 1.2%

Marcus stock opened at $18.11 on Friday. The company has a market cap of $556.43 million, a P/E ratio of 42.11, a price-to-earnings-growth ratio of 2.58 and a beta of 0.53. Marcus has a 1-year low of $12.85 and a 1-year high of $20.02. The company has a fifty day simple moving average of $17.79 and a 200 day simple moving average of $16.42. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.41.

Marcus (NYSE:MCS) last released its earnings results on Thursday, April 30th. The company reported ($0.51) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.54) by $0.03. The business had revenue of $154.40 million during the quarter, compared to the consensus estimate of $148.78 million. Marcus had a net margin of 1.85% and a return on equity of 0.79%. Research analysts anticipate that Marcus will post 0.47 earnings per share for the current fiscal year.

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. The company also owns and operates full-service hotels and resorts, as well as manages full-service hotels, resorts, and other properties. In addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development; and manages condominium hotels under long-term management contracts.