Monarch Casino & Resort, Inc. (MCRI)

Market Cap	1.37B
Revenue (ttm)	477.87M
Net Income (ttm)	87.48M
Shares Out	19.12M
EPS (ttm)	4.47
PE Ratio	15.99
Forward PE	29.50
Dividend	$5.00 (7.00%)
Ex-Dividend Date	Feb 28, 2023

Volume	91,571
Open	70.39
Previous Close	71.03
Day's Range	69.31 - 71.70
52-Week Range	54.01 - 94.26
Beta	1.69
Analysts	Buy
Price Target	87.98 (+23.1%)
Earnings Date	Apr 18, 2023

About MCRI

Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. As of December 31, 2021, its 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 gift shop...

• Industry: Resorts & Casinos
• Sector: Consumer Discretionary
• IPO Date: Aug 6, 1993
• Employees: 2,650
• Stock Exchange: NASDAQ
• Ticker Symbol: MCRI

Financial Performance

In 2022, MCRI's revenue was $477.87 million, an increase of 20.86% compared to the previous year's $395.38 million. Earnings were $87.48 million, an increase of 27.73%.

Analyst Forecast

According to 10 analysts, the average rating for MCRI stock is "Buy." The 12-month stock price forecast is $87.98, which is an increase of 23.10% from the latest price.

Price Target

$87.98

(23.10% upside)

Analyst Consensus: Buy