Monarch Casino & Resort, Inc. (MCRI)

NASDAQ: MCRI · Real-Time Price · USD
83.21
+0.03 (0.03%)
Nov 18, 2024, 12:14 PM EST - Market open
0.03%
Market Cap 1.53B
Revenue (ttm) 515.86M
Net Income (ttm) 86.76M
Shares Out 18.39M
EPS (ttm) 4.52
PE Ratio 18.39
Forward PE 17.11
Dividend $1.20 (1.44%)
Ex-Dividend Date Nov 29, 2024
Volume 9,123
Open 83.22
Previous Close 83.18
Day's Range 83.16 - 83.59
52-Week Range 62.03 - 84.43
Beta 1.76
Analysts Hold
Price Target 78.33 (-5.93%)
Earnings Date Oct 23, 2024

About MCRI

Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. It also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. 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 2023, Monarch Casino & Resort's revenue was $501.48 million, an increase of 4.94% compared to the previous year's $477.87 million. Earnings were $82.45 million, a decrease of -5.75%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MCRI stock is "Hold." The 12-month stock price forecast is $78.33, which is a decrease of -5.93% from the latest price.

Price Target
$78.33
(-5.93% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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

25 days 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...

5 weeks 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...

7 weeks 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
2 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!

3 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
3 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

4 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

4 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...

4 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 ...

7 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...

7 months 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...

7 months 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 ...

8 months 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,...

9 months 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...

10 months 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...

11 months 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

The votes are in and Spa Monarch is honored as one of the top spas in America by USA Today voters

Spa Monarch ranks 4th highlighting its Modern Mountain ambience as the only Spa awarded in the Mountain West Spa Monarch ranks 4th highlighting its Modern Mountain ambience as the only Spa awarded in ...

1 year ago - GlobeNewsWire

Monarch Casino & Resort Reports Record Second Quarter Financial Results

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

1 year ago - GlobeNewsWire

Monarch Casino & Resort: Current Valuation Does Not Reflect Structurally Improved Financial Profile

MCRI's financial profile has improved substantially following the finished construction of its Black Hawk property, resulting in structurally improved margins and cash conversion. Stronger cash genera...

1 year ago - Seeking Alpha

Monarch Casino & Resort Reports Record First Quarter Financial Results

RENO, Nev., April 19, 2023 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch,” “we,” “our,” or “the Company”) today reported record Net revenue and Adjusted EBITDA for the fir...

1 year ago - GlobeNewsWire

Monarch Casino & Resort to Report 2023 First Quarter Results After Market Close on April 19

RENO, Nev., April 05, 2023 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2023 first quarter financial results after the market closes on Wed...

1 year ago - GlobeNewsWire

Monarch Casino & Resort Reports Record 2022 Fourth Quarter Financial Results

RENO, Nev., Feb. 14, 2023 (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...

1 year ago - GlobeNewsWire