The Marcus Co. (MCS) to Issue Quarterly Dividend of $0.07 on March 17th

The Marcus Co. (NYSE:MCS) declared a quarterly dividend on Wednesday, February 12th, RTT News reports. Investors of record on Tuesday, February 25th will be paid a dividend of 0.07 per share on Monday, March 17th. This represents a $0.28 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Tuesday, February 25th.

Marcus has a payout ratio of 40.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Marcus to earn $0.46 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 60.9%.

Marcus Stock Down 3.0 %

NYSE MCS opened at $20.89 on Friday. Marcus has a fifty-two week low of $9.56 and a fifty-two week high of $23.16. The stock has a market cap of $657.66 million, a PE ratio of -61.44, a P/E/G ratio of 3.12 and a beta of 1.53. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The business has a 50 day moving average price of $20.94 and a two-hundred day moving average price of $18.57.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Benchmark restated a “buy” rating and set a $25.00 price objective on shares of Marcus in a research note on Thursday, January 30th. Barrington Research reissued an “outperform” rating and set a $24.00 price target on shares of Marcus in a research report on Wednesday, November 13th. Finally, StockNews.com raised shares of Marcus from a “hold” rating to a “buy” rating in a report on Friday, November 15th.

About Marcus

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.