Marcus Corp (NYSE:MCS) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 636,800 shares, a growth of 43.2% from the July 31st total of 444,600 shares. Currently, 3.0% of the company’s shares are sold short. Based on an average daily trading volume, of 193,500 shares, the days-to-cover ratio is currently 3.3 days.

MCS traded up $0.71 during midday trading on Friday, hitting $35.79. The company’s stock had a trading volume of 129,500 shares, compared to its average volume of 198,619. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.80. The firm has a market cap of $1.06 billion, a P/E ratio of 18.45, a PEG ratio of 1.24 and a beta of 0.59. The firm has a 50-day moving average price of $34.41 and a two-hundred day moving average price of $36.48. Marcus has a 52-week low of $31.90 and a 52-week high of $45.82.

Marcus (NYSE:MCS) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.61 by $0.03. The company had revenue of $232.50 million during the quarter, compared to analysts’ expectations of $227.65 million. Marcus had a return on equity of 9.59% and a net margin of 6.00%. On average, equities analysts expect that Marcus will post 1.84 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Monday, August 26th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.79%. The ex-dividend date is Friday, August 23rd. Marcus’s dividend payout ratio (DPR) is 32.99%.

MCS has been the subject of several recent analyst reports. Zacks Investment Research cut Marcus from a “buy” rating to a “hold” rating in a report on Friday, July 19th. ValuEngine cut Marcus from a “buy” rating to a “hold” rating in a report on Friday, May 17th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $44.50.

Institutional investors and hedge funds have recently bought and sold shares of the business. Financial Gravity Wealth Inc. grew its holdings in shares of Marcus by 3,288.9% during the 2nd quarter. Financial Gravity Wealth Inc. now owns 915 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in shares of Marcus during the 2nd quarter worth about $38,000. NumerixS Investment Technologies Inc purchased a new stake in shares of Marcus during the 2nd quarter worth about $56,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Marcus by 147.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,158 shares of the company’s stock worth $86,000 after purchasing an additional 1,287 shares during the period. Finally, Marshall Wace North America L.P. purchased a new stake in shares of Marcus during the 1st quarter worth about $99,000. Institutional investors own 64.59% of the company’s stock.

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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