Monarch Casino & Resort, Inc. (MCRI)
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]
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 StatementsAnalyst 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.
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
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...
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...
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...
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!
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...
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
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
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...
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 ...
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...
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...
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 ...
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,...
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...
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...
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)...
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
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...
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 ...
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
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...
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...
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...
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...