Monarch Casino & Resort, Inc. (MCRI)

NASDAQ: MCRI · IEX Real-Time Price · USD
69.02
-0.43 (-0.62%)
Apr 24, 2024, 2:31 PM EDT - Market open
-0.62%
Market Cap 1.31B
Revenue (ttm) 501.48M
Net Income (ttm) 82.45M
Shares Out 18.97M
EPS (ttm) 4.20
PE Ratio 16.44
Forward PE 15.02
Dividend $1.20 (1.74%)
Ex-Dividend Date May 31, 2024
Volume 25,108
Open 68.99
Previous Close 69.45
Day's Range 68.95 - 69.75
52-Week Range 56.25 - 75.40
Beta 1.68
Analysts Hold
Price Target 73.33 (+6.25%)
Earnings Date Apr 17, 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, MCRI'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 $73.33, which is an increase of 6.25% from the latest price.

Price Target
$73.33
(6.25% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

6 days 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...

14 days ago - GlobeNewsWire

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,...

2 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...

2 months ago - GlobeNewsWire

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)...

5 months 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

6 months 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...

6 months 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 ...

8 months 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

9 months ago - GlobeNewsWire

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

Monarch Casino & Resort Declares One-Time Cash Dividend of $5.00 Per Share; Initiates Recurring Annual Cash Dividend of $1.20 Per Share, to Be Paid in Quarterly Amounts

RENO, Nev., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today announced that its Board of Directors authorized a one-time cash dividend ...

1 year ago - GlobeNewsWire

Monarch Casino & Resort Reports All-Time Record 2022 Third Quarter Financial Results

RENO, Nev., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported record operating results for the third quarter ended September 30...

1 year ago - GlobeNewsWire

AGS Names David Jacques Farahi To Its Board Of Directors

Experienced Gaming Executive Increases Depth of AGS Board LAS VEGAS , July 12, 2022 /PRNewswire/ -- AGS (NYSE: AGS) (or the "Company") today announced that David Jacques Farahi has been elected to AGS...

Other symbols: AGS
1 year ago - PRNewsWire

Monarch Casino & Resort Reports Record 2021 Fourth Quarter Financial Results

RENO, Nev., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported record operating results for the fourth quarter and full year end...

2 years ago - GlobeNewsWire

4 Travel and Leisure Stocks With High Business Quality

In light of strong job growth in the leisure and hospitality sector in October, four travel and leisure stocks with high business quality are Brunswick Corp. ( BC , Financial), Monarch Casino & Resort...

Other symbols: BCESCA
2 years ago - GuruFocus

Monarch Casino & Resort Reports Record 2021 Third Quarter Financial Results

RENO, Nev., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported record operating results for the third quarter ended September 30...

2 years ago - GlobeNewsWire

Monarch Casino & Resort Announces Management Changes

Chief Operating Officer David Farahi Leaving the Company to Pursue Business Interests Outside the Gaming and Hospitality Industry

2 years ago - GlobeNewsWire

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 $0.9...

2 years ago - Benzinga

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, 20...

2 years ago - GlobeNewsWire

4 Hospitality Stocks With a High Quality Rank in June

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 Hospital...

Other symbols: CHHGHGMTN
3 years ago - GuruFocus

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...

3 years ago - GlobeNewsWire

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 $0.8...

3 years ago - Benzinga

Monarch Casino & Resort Reports Fourth Quarter 2020 Net Revenue of $58.4 Million, Net Income of $15.3 Million and Adjusted EBITDA of $13.9 Million

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 Dece...

3 years ago - GlobeNewsWire