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... [Read more]
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%.
Financial StatementsAnalyst 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.
News

Monarch Casino (MCRI) Misses Q4 Earnings and Revenue Estimates
Monarch Casino (MCRI) delivered earnings and revenue surprises of -8.06% and 1.04%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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 (MCRI) to Report Q4 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.

Will Monarch Casino (MCRI) Beat Estimates Again in Its Next Earnings Report?
Monarch Casino (MCRI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Has Monarch Casino & Resort (MCRI) Outpaced Other Consumer Discretionary Stocks This Year?
Here is how Monarch Casino (MCRI) and Perdoceo Education (PRDO) have performed compared to their sector so far this year.

New Strong Buy Stocks for December 8th
OFS, CCB, WTKWY, MCRI and SHBI have been added to the Zacks Rank #1 (Strong Buy) List on December 8, 2022.

5 Top Stocks to Gain From Strong Consumer Spending Trends
Thanks to strong consumer spending trends, investing in consumer discretionary companies like lululemon athletica (LULU), Monarch Casino & Resort (MCRI) & Crocs (CROX) seems prudent at the moment.

Are Consumer Discretionary Stocks Lagging Monarch Casino & Resort (MCRI) This Year?
Here is how Monarch Casino (MCRI) and Perdoceo Education (PRDO) have performed compared to their sector so far this year.

Is Monarch Casino (MCRI) a Solid Growth Stock? 3 Reasons to Think "Yes"
Monarch Casino (MCRI) could produce exceptional returns because of its solid growth attributes.

Is Monarch Casino & Resort (MCRI) Stock Outpacing Its Consumer Discretionary Peers This Year?
Here is how Monarch Casino (MCRI) and Perdoceo Education (PRDO) have performed compared to their sector so far this year.

5 Great Relative Price Strength Stocks for Your Portfolio
Halliburton (HAL), Flex Ltd. (FLEX), United States Cellular (USM), Applied Industrial Technologies (AIT) and Monarch Casino & Resort (MCRI) are five stocks with explosive relative price strength.

4 Top-Rated Stocks to Buy Now for Solid Earnings Growth
Invest in stocks like e.l.f. Beauty (ELF), Monarch Casino & Resort (MCRI), Incyte (INCY) and Hubbell (HUBB) at the moment for superb earnings growth.

Is Monarch Casino & Resort (MCRI) Outperforming Other Consumer Discretionary Stocks This Year?
Here is how Monarch Casino (MCRI) and PLAYSTUDIOS, Inc. (MYPS) have performed compared to their sector so far this year.

Monarch Casino (MCRI) is an Incredible Growth Stock: 3 Reasons Why
Monarch Casino (MCRI) possesses solid growth attributes, which could help it handily outperform the market.

Monarch Casino (MCRI) Beats Q3 Earnings and Revenue Estimates
Monarch Casino (MCRI) delivered earnings and revenue surprises of 11.90% and 9.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

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...

7 Small-Cap Sleeper Stocks to Buy Before Wall Street Wakes Up
For those that consider themselves the ultimate contrarians, they may want to target certain small-cap sleeper stocks to buy. And believe me, we are talking about true contrarianism.

Monarch Casino (MCRI) Q2 Earnings Beat Estimates
Monarch Casino (MCRI) delivered earnings and revenue surprises of 2.78% and 0.76%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Monarch Casino & Resort Reports Record Second Quarter Financial Results
RENO, Nev., July 20, 2022 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch,” “we,” “our,” or “the Company”) today reported operating results for the second quarter ended June...

3 Best Casino Stocks to Buy Now
The best casino stocks to buy could be the entire lot right now. Inflation has scared away investors.

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 (MCRI) Q1 Earnings and Revenues Beat Estimates
Monarch Casino (MCRI) delivered earnings and revenue surprises of 8.24% and 2.87%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Monarch Casino (MCRI) Earnings Expected to Grow: Should You Buy?
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 & Resort Reports Record First Quarter Financial Results
RENO, Nev., April 20, 2022 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch,” “we,” “our,” or “the Company”) today reported record operating results for the first quarter end...