Monarch Casino & Resort, Inc. (MCRI)

NASDAQ: MCRI · Real-Time Price · USD
78.39
-2.09 (-2.60%)
At close: Mar 28, 2025, 4:00 PM
74.83
-3.56 (-4.54%)
After-hours: Mar 28, 2025, 4:27 PM EDT
-2.60%
Market Cap 1.45B
Revenue (ttm) 522.19M
Net Income (ttm) 72.77M
Shares Out 18.46M
EPS (ttm) 3.84
PE Ratio 20.41
Forward PE 15.75
Dividend $1.20 (1.53%)
Ex-Dividend Date Feb 28, 2025
Volume 86,281
Open 81.58
Previous Close 80.48
Day's Range 78.12 - 81.30
52-Week Range 64.50 - 96.11
Beta 1.77
Analysts Hold
Price Target 87.20 (+11.24%)
Earnings Date Apr 16, 2025

About MCRI

Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates hotels and casinos. It owns and operates the Atlantis Casino Resort Spa in Reno, Nevada; and the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. The company also owns separate parcels of land. The company was incorporated in 1993 and is based in Reno, Nevada. [Read more]

IPO Date Aug 6, 1993
Employees 2,900
Stock Exchange NASDAQ
Ticker Symbol MCRI
Full Company Profile

Financial Performance

In 2024, Monarch Casino & Resort's revenue was $522.19 million, an increase of 4.13% compared to the previous year's $501.48 million. Earnings were $72.77 million, a decrease of -11.74%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MCRI stock is "Hold." The 12-month stock price forecast is $87.2, which is an increase of 11.24% from the latest price.

Price Target
$87.2
(11.24% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Monarch Casino: Still The Hidden Gem Outside Vegas

Monarch Casino & Resort has shown strong financial performance with a 4.1% increase in top-line sales and a 5.5% rise in EBITDA in FY 2024. The company has successfully expanded and renovated its Blac...

7 days ago - Seeking Alpha

Monarch Casino & Resort Reports Adjustments to 2024 Fourth Quarter and Full Year Financial Results

RENO, Nev., March 03, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) ("Monarch" or "the Company") reported on an SEC Form 8-K filed on February 18, 2025, that the District Court...

25 days ago - GlobeNewsWire

Monarch honored by Forbes as one of America's most successful small companies

RENO, Nev., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) has been named one of America's most successful small companies by Forbes. Monarch, which through its subsidi...

4 weeks ago - GlobeNewsWire

Reno's Atlantis Casino Resort Spa earns pair of prestigious Forbes Four-Star Awards

RENO, Nev., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Atlantis Casino Resort Spa's Atlantis Steakhouse and Spa Atlantis have earned the prestigious Forbes Travel Guide Four-Star Award, placing them on an excl...

6 weeks ago - GlobeNewsWire

Monarch Casino & Resort Reports Record 2024 Fourth Quarter Financial Results

RENO, Nev., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the fourth quarter and full year ended Dece...

6 weeks ago - GlobeNewsWire

Monarch Casino & Resort to Report 2024 Fourth Quarter Results After Market Close on February 11, 2025

RENO, Nev., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2024 fourth quarter financial results after the market closes on Tue...

7 weeks ago - GlobeNewsWire

Monarch Casino & Resort Reports Record Third Quarter 2024 Net Revenue and Net Income

Declares Cash Dividend of $0.30 per Share Payable on December 15, 2024 Declares Cash Dividend of $0.30 per Share Payable on December 15, 2024

5 months ago - GlobeNewsWire

Monarch Casino & Resort to Report 2024 Third Quarter Results After Market Close on October 23

RENO, Nev., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2024 third quarter financial results after the market closes on Wedn...

6 months ago - GlobeNewsWire

Bistro Napa receives AAA's celebrated Four Diamond designation

RENO, Nev., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Bistro Napa has received the coveted AAA Four Diamond designation, joining an exclusive list of restaurants and hotels that represent the top tier of the...

6 months ago - GlobeNewsWire

Monarch And MGM Are Our Top Picks With Compelling P/Es Among Our 'Big Six'

The casino sector offers attractive P/E ratios, with brick-and-mortar casinos presenting solid entry points despite the online gaming craze. Monarch Casino & Resort, Inc. and MGM Resorts International...

Other symbols: BYDMGMPENNRRRWYNN
7 months ago - Seeking Alpha

Spa Monarch jumps two spots to #2 best spa in the nation, as voted on by USA Today readers

This is the second consecutive year Spa Monarch has ranked in the top four! This is the second consecutive year Spa Monarch has ranked in the top four!

7 months ago - GlobeNewsWire

IGT Partners with Monarch Casino & Resort Inc. for Sports Betting Expansion in Nevada and Colorado

Atlantis Casino Resort Spa and Monarch Casino Resort Spa are the latest gaming venues to power retail and mobile sports betting with IGT PlaySports technology LONDON , Aug. 5, 2024 /PRNewswire/ -- Int...

Other symbols: IGT
8 months ago - PRNewsWire

Monarch Casino & Resort Reports Record Second Quarter 2024 Financial Results

Declares Cash Dividend of $0.30 per Share Payable on September 15, 2024 Declares Cash Dividend of $0.30 per Share Payable on September 15, 2024

8 months ago - GlobeNewsWire

Monarch Casino Resort Spa's “Spa Monarch” Nominated for USA Today's 10Best Readers' Choice Travel Awards

This is the second consecutive year Spa Monarch has received this honor This is the second consecutive year Spa Monarch has received this honor

9 months ago - GlobeNewsWire

Monarch Casino & Resort to Report 2024 Second Quarter Results After Market Close on July 24

RENO, Nev., July 12, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2024 second quarter financial results after the market closes on Wed...

9 months ago - GlobeNewsWire

Monarch Casino: Brilliant Execution Has Rewarded Longtime Holders, But What's Next?

Monarch Casino & Resort, Inc. has successfully expanded its presence in the casino market, with properties in Reno and Black Hawk, targeting markets with population growth and lifestyles. The company ...

11 months ago - Seeking Alpha

Monarch Casino & Resort Reports Record First Quarter 2024 Financial Results

RENO, Nev., April 17, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch,” “we,” “our,” or “the Company”) today reported operating results for the first quarter ended Marc...

1 year ago - GlobeNewsWire

Monarch Casino & Resort to Report 2024 FIRST Quarter Results AFTER MARKET CLOSE on APRIL 17

RENO, Nev., April 10, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2024 first quarter financial results after the market closes on Wed...

1 year ago - GlobeNewsWire

Monarch Casino & Resort: Stable Profitability With Acceptable Margins

Monarch Casino & Resort provides gaming, hotel, and hospitality services in the USA through its Atlantis Casino Resort Spa and Black Hawk Resort Spa. Atlantis Casino Resort Spa has the highest payout ...

1 year ago - Seeking Alpha

Monarch Casino & Resort Reports 2023 Fourth Quarter Financial Results

RENO, Nev., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the fourth quarter ended December 31, 2023,...

1 year ago - GlobeNewsWire

Monarch Casino & Resort to Report 2023 Fourth Quarter Results After Market Close on February 14

RENO, Nev., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2023 fourth quarter financial results after the market closes on Wed...

1 year ago - GlobeNewsWire

Monarch Casino Will Grow With The Eventual Reversion Of Consumer Spending

Monarch Casino & Resort reports Q3'23 revenues of $132.97mn, a slight YoY decline. MCRI maintains a fourfold investment thesis centered around location advantage, growth opportunities, operations trac...

1 year ago - Seeking Alpha

Procurant Technology Enhances Food Safety and Quality at Atlantis and Monarch Casinos

WATSONVILLE, Calif.--(BUSINESS WIRE)-- #freshfood--Procurant, a cloud-based software company transforming the fresh food supply chain, today announced that Monarch Casino & Resort, Inc. (NASDAQ: MCRI)...

1 year ago - Business Wire

Monarch Casino & Resort Reports 2023 Third Quarter Financial Results

Declares Cash Dividend of $0.30 per Share Payable on December 15, 2023 Declares Cash Dividend of $0.30 per Share Payable on December 15, 2023

1 year ago - GlobeNewsWire

Monarch Casino & Resort to Report 2023 Third Quarter Results After Market Close on October 18

RENO, Nev., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2023 third quarter financial results after the market closes on Wedn...

1 year ago - GlobeNewsWire