Monarch Casino & Resort, Inc. (MCRI)
|Net Income (ttm)||52.31M|
|Day's Range||64.26 - 67.19|
|52-Week Range||40.19 - 76.00|
|Price Target||82.50 (+24.2%)|
|Est. Earnings Date||Oct 27, 2021|
Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada. It also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. As of February 24, 2021, the company's Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 818 guest rooms and suites; 8 food outlets; 2 gourmet coffee and pastry bars; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gif... [Read more...]
In 2020, MCRI's revenue was $184.41 million, a decrease of -25.99% compared to the previous year's $249.17 million. Earnings were $23.68 million, a decrease of -25.58%.Financial Statements
According to 5 analysts, the average rating for MCRI stock is "Strong Buy." The 12-month stock price forecast is 82.50, which is an increase of 24.23% from the latest price.
Chief Operating Officer David Farahi Leaving the Company to Pursue Business Interests Outside the Gaming and Hospitality Industry
Why Pushing a Few Chips Onto Monarch Casino & Resort Could Be Risky Short-Term, Profitable Long-Term
Despite some good results, there's one key metric potentially spelling trouble for Monarch.
Monarch Casino (MCRI) delivered earnings and revenue surprises of 32.86% and 23.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Monarch Casino & Resort (NASDAQ:MCRI) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 487.50% over the past year to $0.93,...
RENO, Nev., July 28, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported record operating results for the second quarter ended June 30, 2021...
Monarch Casino (MCRI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Monarch Casino (MCRI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more streng...
As investors look forward to the summer travel season, four resort and casino stocks that have a high GuruFocus Quality Rank are Choice Hotels International Inc. ( CHH , Financial), GreenTree Hospitalit...
Monarch Casino (MCRI) delivered earnings and revenue surprises of 2.44% and 19.94%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
RENO, Nev., April 28, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the first quarter ended March 31, 2021, as s...
Shares of Monarch Casino & Resort (NASDAQ:MCRI) moved lower in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 100.00% year over year to $0.80,...
Monarch Casino & Resort Reports Fourth Quarter 2020 Net Revenue of $58.4 Million, Net Income of $15.3 Million and Adj...
RENO, Nev., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the fourth quarter and full year ended Decemb...
The Zacks Gaming industry continues to bear the brunt of low visitation, and dismal Macau and Las Vegas gaming revenues. The industry participants are not only witnessing soft revenues but also decline ...
We have guided bullish on MCRI for over 4 years beginning with our SA call on November 22, 2016 when the stock was $24. In five follow-up articles since, we've guided strong BUY as stock has moved to $5...
Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength have a high chance of carrying the momentum forward.
Increased analyst coverage over the last few weeks might lead to solid price appreciation for stocks like ODP (ODP), CAI International (CAI), Triton (TRTN) and Monarch (MCRI).
Monarch Casino Resort Spa Applauds the Black Hawk City Council for Removing the $100 Limit on Single Bets and Approvi...
BLACK HAWK, Colo., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or “the Company”) today expressed their gratitude to the voters of Black Hawk and the Black H...
The global pandemic has been devastating to casino stocks in 2020 but optimism surrounding a COVID-19 vaccine has lifted a number of casino stocks on Tuesday. MGM Resorts International (NYSE: MGM) is th...
Top Ranked Momentum Stocks to Buy for November 27th
BLACK HAWK, Colo., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or “the Company”) announced today that it has received a Temporary Certificate of Occupancy (...
Monarch Casino (MCRI) delivered earnings and revenue surprises of 137.50% and 28.61%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?