Barrington analyst James Goss maintained a Buy rating on Marcus Corp (MCS) today and set a price target of $49. The company’s shares opened today at $37.84.
Goss wrote:
“We are reaffirming our OUTPERFORM investment rating: Our price target remains $49. Marcus pays an annual dividend of $0.64 per share (the company has increased it every year since 2014), providing a 1.7% yield.”
According to TipRanks.com, Goss is a 5-star analyst with an average return of 15.4% and a 66.8% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Nexstar Media Group Inc, and Sirius XM Holdings Inc.
Marcus Corp has an analyst consensus of Moderate Buy, with a price target consensus of $45.
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Based on Marcus Corp’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $8.72 million. In comparison, last year the company had a net profit of $9.82 million.
Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is neutral on the stock. Last month, Timothy Hoeksema, a Director at MCS bought 500 shares for a total of $5,390.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Marcus Corp. engages in operating movie theatres, hotels, and resorts. It operates through the following business segments: Theatres, Hotels & Resorts, and Corporate Items. The Theatres segment includes multiscreen motion picture theatres and a family entertainment center. The Hotels & Resorts segment owns and operates full service hotels and resorts.
