The Marcus Corporation (MCS) Stock Price & Analysis
The Marcus Corporation (MCS) closed at USD 28.3 on Thursday, October 22, 2026, down 1.84% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 28.83; the Oct 22, 2026 session ranged USD 28.24–29.47 on volume of 175,752 shares. Market capitalization is $872.55M, with a 52-week range of USD 12.88–32.42 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:01 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MCS.md
Key facts (MCS)
- Last four reported quarters (through Jun 30, 2026): revenue $790M, net income $22.7M (2.9% margin), free cash flow $66.7M (SEC filings).
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $1.5M; 2 not under a Rule 10b5-1 plan ($1.5M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (5 analysts), mean target USD 30.5 (range 25–34).
- Total return with dividends: 1Y +113.8% vs S&P 500 +14.9%; 5Y +62.8% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 0.53, revenue estimate $232M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MCS)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $458M | $677M | $730M | $736M | $758M | $790M |
| Operating income | -$41.5M | $8.3M | $33.9M | $16.2M | $17.1M | $32.3M |
| Net income | -$43.3M | -$12.0M | $14.8M | -$7.8M | $12.7M | $22.7M |
| Free cash flow | $29.2M | $56.4M | $63.9M | $24.7M | $989K | $66.7M |
| Operating margin | -9.0% | 1.2% | 4.7% | 2.2% | 2.2% | 4.1% |
| Net margin | -9.4% | -1.8% | 2.0% | -1.1% | 1.7% | 2.9% |
| Revenue growth | +92.8% | +47.8% | +7.7% | +0.8% | +3.1% | — |
| Cash + short-term investments | $17.7M | $21.7M | $55.6M | $40.8M | $23.4M | — |
| Total debt | $215M | $180M | $170M | $159M | $159M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MCS)
P/E at fiscal year-ends: Dec 2025 38.2x, Dec 2023 40.4x.
Insider sales (SEC Form 4, open-market, last ~7 months) (MCS)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-23 | Gershowitz Diane M | Director | 50,000 | $1.4M | 23.5% | No | Too little history (no open-market trades in 2023) |
| 2026-04-15 | Evans Michael Reade | Pres., Marcus Hotels & Resorts | 7,671 | $146K | 14.3% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (MCS)
Consensus Buy (mean 2.00 on a 1–5 scale), 5 analysts; mean target USD 30.5 (low 25, high 34).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-31 | B. Riley Securities | Downgrade | Buy → Neutral | $27 → $29 |
| 2026-07-31 | Benchmark | Target raised | Buy | $22 → $33 |
| 2026-07-31 | Wedbush | Target raised | Outperform | $23 → $34 |
Total return (dividends reinvested) (MCS)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +113.8% | +62.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +114.4% | +10.2% |
| Volatility (annualized) | 37.4% | 33.6% |
| Max drawdown | -14.8% (Aug 2026→Oct 2026) | -49.6% (Nov 2021→Jun 2024) |
MCS revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Theatres | $150.6M | 65.0% | +14.4% |
| Hotels/Resorts | $81.0M | 35.0% | +9.0% |
| Total revenue | $231.6M | 100% | — |
MCS revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Admission | $72.6M | 31.3% | +16.4% |
| Concessions | $65.3M | 28.2% | +13.3% |
| Occupancy | $33.7M | 14.6% | +13.7% |
| Product & Service Other | $26.7M | 11.5% | +7.6% |
| Food & Beverage | $22.5M | 9.7% | +5.7% |
| Total revenue | $231.6M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
MCS suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Competitor | Airbnb (ABNB) | “We also face competition from alternative channels of distribution in the travel industry, such as peer-to-peer inventory sources that allow travelers to book stays on websites that facilitate short-term rental of homes and apartments from owners, thereby providing an alternative to hotel rooms, such as Airbnb, Vrbo and HomeAway.” |
Quoted from the company's 10-K filed Feb 27, 2026.
MCS company outlook (results filed Jul 30, 2026)
- “In Marcus Theatres, the film slate for the third and fourth quarters of fiscal 2026 is impressive, starting with the recent epic opening of The Odyssey and this weekend's eagerly awaited release of Spider-Man: Brand New Day , followed by many great titles through the end of the year, including the highly anticipated Avengers: Doomsday and Dune: Part Three .”
- “With many more highly anticipated films expected through the end of the year, 2026 is shaping up to be a memorable year for moviegoing." During the second quarter of fiscal 2026, Marcus Theatres' top five highest-performing films were The Super Mario Galaxy Movie, Michael, Toy Story 5, Obsession and Backrooms.”
- “These forward-looking statements may generally be identified as such because the context of such statements include words such as 4 we "believe," "anticipate," "expect" or words of similar import.”
- “(8) our ability to achieve expected benefits and performance from our strategic initiatives and acquisitions;”
Quoted word-for-word from the SEC 8-K results press release.
MCS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.53 | $0.00 | — | $232.4M | 1 |
| Next quarter (ends Dec 2026) | $0.18 | $0.00 | — | $207.1M | 1 |
| Current fiscal year (ends Dec 2026) | $1.02 | $0.53 | +91.9% | $825.6M | 3 |
| Next fiscal year (ends Dec 2027) | $0.84 | $0.00 | — | $838.4M | 1 |
Key Statistics (as of October 23, 2026 at 10:01 UTC)
| Price | USD 28.3 |
|---|---|
| Change | ▼ 1.84% (down) |
| Previous Close | USD 28.83 |
| Open | USD 28.87 |
| Day Range | USD 28.24 – 29.47 |
| 52-Week Range | USD 12.88 – 32.42 |
| Volume | 175,752 shares |
| Market Cap | $872.55M |
| Exchange | NYQ |
Technical Analysis (MCS)
Nexqual's technical model rates MCS "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 10:01 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 55.62 (neutral) |
| vs SMA50 | Above (USD 28.25) |
| MACD | 0.2 (positive) |
Analyst Ratings (MCS)
Wall Street analysts rate MCS "Buy" based on 5 analysts, with a mean price target of USD 30.5 (range USD 25–34), per Nexqual as of October 23, 2026 at 10:01 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 5 |
| Mean Target | USD 30.5 |
| High Target | USD 34 |
| Low Target | USD 25 |
| Buy / Hold / Sell | 4 / 1 / 0 |
Earnings (MCS)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 0.53 |
| Revenue Estimate | $232.37M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.51 vs est 0.35 ▲ beat |
| 2026-03-31 | USD -0.51 vs est -0.54 ▲ beat |
| 2025-12-31 | USD 0.19 vs est 0.14 ▲ beat |
| 2025-09-30 | USD 0.52 vs est 0.43 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Financials & Fundamentals (MCS)
| Total Revenue | $747.89M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +12.80% |
| Gross Margin | +41.58% |
| Operating Margin | +12.10% |
| Profit Margin | +3.03% |
| ROE | +5.01% |
| Debt / Equity | 0.7 |
| Current Ratio | 0.44 |
| Total Cash | $26.34M |
| Total Debt | $319.98M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $66.69M (8.4% of revenue) |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Financial Health Score (MCS)
Nexqual rates The Marcus Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:01 UTC.
| Growth | Mixed — Revenue +3.1% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 42%, operating 12% (last 12 months) |
| Balance Sheet | Mixed — $26M cash and investments vs $149M debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $67M (last 4 quarters to Jun 2026, SEC), 8% margin |
| Efficiency | Mixed — ROE 5%, ROA 2.3% |
Ownership (MCS)
| Insider Ownership | +7.13% |
|---|---|
| Institutional Ownership | +88.87% |
| Shares Outstanding | 23.85M |
| Float | 22.31M |
| Short % of Float | +4.45% |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Leadership (MCS)
The Marcus Corporation is led by Gregory S. Marcus, President, CEO & Chairman, per Nexqual as of October 23, 2026 at 10:01 UTC.
| President, CEO & Chairman | Gregory S. Marcus |
|---|---|
| CFO & Treasurer | Chad M. Paris |
| Senior EVP, General Counsel, Secretary & Director | Thomas F. Kissinger |
| President of Marcus Hotels & Resorts Division | Michael R. Evans |
| President of Marcus Theatres | Jeffry F. Tomachek |
Major Backers & Investors (MCS)
Notable institutional backers of The Marcus Corporation include Orbis Allan Gray Ltd, American Century Companies Inc, KLCM Advisors, Inc., according to Nexqual as of October 23, 2026 at 10:01 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Orbis Allan Gray Ltd | 9.18% |
| American Century Companies Inc | 5.02% |
| KLCM Advisors, Inc. | 4.17% |
| Goldman Sachs | 3.95% |
| Gamco Investors, Inc ET AL | 3.67% |
| Acadian Asset Management. LLC | 3.44% |
| EQ Advisors Trust-1290 VT GAMCO Small Company Value Portfolio | 2.77% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 9.92% |
| Dimensional Fund Advisors | 6.15% |
| Vanguard Group | 3.85% |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
From The Marcus Corporation's Latest SEC 10-K Filing (filed 2026-02-27)
Key Strengths & Strategy (as disclosed to the SEC)
- We introduced one of the first PLF presentations to the industry when we rolled out our proprietary UltraScreen® concept over 25 years ago.
Legal & Regulatory Risks (Item 1A, quoted)
- We may be found liable if the consumption of any of the food products we sell in our theatres or hotels causes illness or injury.
- We are subject to substantial government regulation, which could entail significant cost.
- We are subject to complex taxation and could be subject to changes in our tax rates, the adoption of new tax legislation or exposure to additional tax liabilities.
- Our business and operations could be negatively affected if we become subject to any securities litigation or shareholder activism, which could cause us to incur significant expense, hinder execution of our business strategy and impact our stock price.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| IQ | iQIYI, Inc. | USD 0.91 | ▼ 1.31% |
| ANGX | Angel Studios, Inc. | USD 3.48 | ▼ 0.29% |
| RSVR | Reservoir Media, Inc.. | USD 9.6 | ▲ 0.84% |
| HUYA | HUYA Inc. | USD 2.23 | ▼ 0.89% |
| STRZ | Starz Entertainment Corp. | USD 23.22 | ▼ 5.22% |
| AMCX | AMC Global Media Inc. | USD 9.33 | ▼ 3.22% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:01 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt