Monarch Casino & Resort, Inc. (MCRI)
| Market Cap | 1.32B |
| Revenue (ttm) | 208.36M |
| Net Income (ttm) | 29.81M |
| Shares Out | 18.48M |
| EPS (ttm) | 1.56 |
| PE Ratio | 46.18 |
| Forward PE | 32.79 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | May 18 |
| Last Price | $72.09 |
| Previous Close | $71.41 |
| Change ($) | 0.68 |
| Change (%) | 0.95% |
| Day's Open | 71.41 |
| Day's Range | 71.31 - 73.38 |
| Day's Volume | 32,759 |
| 52-Week Range | 30.29 - 76.00 |
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,...
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.
Casino stocks are trading higher on Monday as vaccine optimism boosts casino and hotel stocks despite near-term COVID-19 concerns. The strength is potentially related to reopening hopes amid the U.S. CO...
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).
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?
RENO, Nev., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the third quarter ended September 30, 2020, a...
Monarch Casino (MCRI) doesn't possess 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 & Resort is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Monarch Casino & Resort Bucks Glum Sector Headlines, Validates Our Long-Term Guidance
Monarch Casino (MCRI) delivered earnings and revenue surprises of 60.00% and 34.53%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
RENO, Nev., July 22, 2020 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the second quarter ended June 30, 2020, as ...
Monarch Casino (MCRI) doesn't possess 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 & Resort (NASDAQ: MCRI) shares are trading higher on Wednesday, after SunTrust Robinson Humphrey initiated coverage on the stock with a Buy rating and announced a price target of $50 per ...
Monarch Casino shares moved sharply higher during Monday's session after Stifel upgraded the stock to Buy with a $42 price target.
Monarch Casino (MCRI) delivered earnings and revenue surprises of -60.71% and -4.56%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Monarch Casino & Resort: The Most Astutely-Managed Operator
Monarch Casino (MCRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RENO, Nev., March 18, 2020 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or “the Company”) announced that it has temporarily suspended operations at Atlantis Casino Resor...
RENO, Nev., March 17, 2020 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or “the Company”) announced that it has temporarily suspended operations at Monarch Casino Black ...
Monarch Casino (MCRI) delivered earnings and revenue surprises of 42.50% and -0.43%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Monarch Casino (MCRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Local and national charities receive nearly $2,000 in donations from lucky gamblers Local and national charities receive nearly $2,000 in donations from lucky gamblers
Monarch Casino (MCRI) delivered earnings and revenue surprises of -17.74% and -5.02%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
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.
Financially solid, well managed, MCRI is anchored to Reno and Black Hawk Colorado to where tax and lifestyle refugees are fleeing.
PENN vs. MCRI: Which Stock Is the Better Value Option?
Monarch Casino (MCRI) delivered earnings and revenue surprises of 16.28% and 2.55%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Monarch Casino (MCRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Bear of the Day: Monarch Casino and Resort (MCRI)
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... [Read more...]
| Industry Resorts & Casinos | IPO Date Aug 6, 1993 |
| CEO John Farahi | Employees 2,300 |
| Stock Exchange NASDAQ | Ticker Symbol MCRI |
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%.
Analyst Forecasts
According to 5 analysts, the average rating for MCRI stock is "Strong Buy." The 12-month stock price forecast is 78.80, which is an increase of 9.31% from the latest price.