Monarch Casino & Resort, Inc. (MCRI)
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]
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 StatementsAnalyst 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.
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...
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...
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,...
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...
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)...
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
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...
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 ...
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
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
Monarch Casino & Resort Announces Management Changes
Chief Operating Officer David Farahi Leaving the Company to Pursue Business Interests Outside the Gaming and Hospitality Industry
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...
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...
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...
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...
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...
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...