Monarch Casino & Resort, Inc. (MCRI)
| Market Cap | 1.24B |
| Revenue (ttm) | 290.93M |
| Net Income (ttm) | 52.31M |
| Shares Out | 18.60M |
| EPS (ttm) | 2.69 |
| PE Ratio | 24.73 |
| Forward PE | 29.50 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 203,889 |
| Open | 64.60 |
| Previous Close | 64.25 |
| Day's Range | 64.26 - 67.19 |
| 52-Week Range | 40.19 - 76.00 |
| Beta | 1.77 |
| Analysts | Strong Buy |
| Price Target | 82.50 (+24.2%) |
| Est. Earnings Date | Oct 27, 2021 |
About MCRI
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...
Financial Performance
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 StatementsAnalyst Forecast
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.
News
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Monarch Casino & Resort Announces Management Changes
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) Q2 Earnings and Revenues Top Estimates
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?
Monarch Casino & Resort: Q2 Earnings Insights
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,...
Monarch Casino & Resort Reports Record 2021 Second Quarter Financial Results
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) to Report Q2 Results: Wall Street Expects Earnings Growth
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) Stock Jumps 5.5%: Will It Continue to Soar?
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...
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Monarch Casino (MCRI) Q1 Earnings and Revenues Surpass Estimates
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?
Monarch Casino & Resort Reports Record Financial Results For 2021 First Quarter
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...
Monarch Casino & Resort: Q4 Earnings Insights
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...
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Monarch Casino & Resort: A Lock Demographic Play For Any Gaming Portfolio Now
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...
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4 Stocks Promising Stellar Returns as Analysts Initiate Coverage
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...
Why Casino Stocks Are Trading Higher Today
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Phase I of Monarch Casino Resort Spa Black Hawk Expansion to Debut November 19
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) Tops Q3 Earnings and Revenue Estimates
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?