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Monarch Casino & Resort, Inc. (MCRI)

Stock Price: $63.55 USD 1.99 (3.23%)
Updated Feb 24, 2021 4:00 PM EST - Market closed
After-hours: $61.99 -1.56 (-2.46%) Feb 24, 6:04 PM
Market Cap 1.15B
Revenue (ttm) 188.12M
Net Income (ttm) 14.61M
Shares Out 18.22M
EPS (ttm) 0.77
PE Ratio 82.53
Forward PE 22.68
Dividend n/a
Dividend Yield n/a
Trading Day February 24
Last Price $63.55
Previous Close $61.56
Change ($) 1.99
Change (%) 3.23%
Day's Open 60.80
Day's Range 60.46 - 64.52
Day's Volume 110,931
52-Week Range 12.83 - 64.52

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Benzinga - 11 hours ago

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...

GlobeNewsWire - 11 hours ago

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 en...

Zacks Investment Research - 1 month ago

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 als...

Other stocks mentioned: GDEN, RRR
Seeking Alpha - 2 months ago

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 m...

Zacks Investment Research - 2 months ago

We have narrowed down our search to seven reopening stocks with strong growth potential for 2021. These are CROX, WHR, VSTO, KTB, MCRI, GOLF, YETI.

Other stocks mentioned: CROX, GOLF, KTB, VSTO, WHR, YETI
Zacks Investment Research - 2 months ago

Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength have a high chance of carrying the momentum forward.

Other stocks mentioned: FCAU, INMD, NPO, PIPR
Benzinga - 2 months ago

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 t...

Other stocks mentioned: BYD, CZR, RRR
Zacks Investment Research - 2 months ago

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).

Other stocks mentioned: CAI, ODP, TRTN
Investopedia - 2 months ago

These are the casino stocks with the best value, growth, and most momentum for Q1 2021.

Other stocks mentioned: BALY, BYD, HGV, MGM, PENN
GlobeNewsWire - 2 months ago

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 t...

Benzinga - 2 months ago

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: ...

Other stocks mentioned: CZR, MGM, WYNN, BYD, LVS, RRR
Zacks Investment Research - 2 months ago

Top Ranked Momentum Stocks to Buy for November 27th

Other stocks mentioned: FICO, STRT, THRM
GlobeNewsWire - 3 months ago

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 O...

Zacks Investment Research - 3 months ago

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 s...

GlobeNewsWire - 3 months ago

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 3...

Zacks Investment Research - 3 months ago

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.

Zacks Investment Research - 5 months ago

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.

Zacks Investment Research - 6 months ago

Gaming Industry Outlook: Sports Betting to Drive Growth

Other stocks mentioned: IGT, LVS, MGM, RRR, WYNN
Seeking Alpha - 6 months ago

Monarch Casino & Resort Bucks Glum Sector Headlines, Validates Our Long-Term Guidance

Zacks Investment Research - 7 months ago

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?

GlobeNewsWire - 7 months ago

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,...

Zacks Investment Research - 7 months ago

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.

Benzinga - 8 months ago

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 o...

Investopedia - 9 months ago

Monarch Casino shares moved sharply higher during Monday's session after Stifel upgraded the stock to Buy with a $42 price target.

Zacks Investment Research - 10 months ago

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?

Seeking Alpha - 10 months ago

Monarch Casino & Resort: The Most Astutely-Managed Operator

Zacks Investment Research - 10 months ago

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.

GlobeNewsWire - 11 months ago

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 Ca...

GlobeNewsWire - 11 months ago

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 Cas...

Zacks Investment Research - 11 months ago

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?

Zacks Investment Research - 1 year ago

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.

GlobeNewsWire - 1 year ago

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

Zacks Investment Research - 1 year ago

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 s...

Zacks Investment Research - 1 year ago

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.

Seeking Alpha - 1 year ago

Financially solid, well managed, MCRI is anchored to Reno and Black Hawk Colorado to where tax and lifestyle refugees are fleeing.

Zacks Investment Research - 1 year ago

PENN vs. MCRI: Which Stock Is the Better Value Option?

Other stocks mentioned: PENN
Zacks Investment Research - 1 year ago

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?

Zacks Investment Research - 1 year ago

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.

Zacks Investment Research - 1 year ago

Bear of the Day: Monarch Casino and Resort (MCRI)

About MCRI

Monarch Casino & Resort, 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 Black Hawk in Black Hawk, Colorado. As of March 11, 2020, the company's Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 818 guest rooms; 8 food outlets; 2 gourmet coffee and pastry bars; 1 snack bar; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise... [Read more...]

Industry
Resorts & Casinos
IPO Date
Aug 6, 1993
CEO
John Farahi
Employees
2,300
Stock Exchange
NASDAQ
Ticker Symbol
MCRI
Full Company Profile

Financial Performance

In 2019, MCRI's revenue was $249.17 million, an increase of 3.68% compared to the previous year's $240.32 million. Earnings were $31.82 million, a decrease of -6.69%.

Financial Statements

Analyst Forecasts

According to 5 analysts, the average rating for MCRI stock is "Strong Buy." The 12-month stock price forecast is 63.80, which is an increase of 0.39% from the latest price.

Price Target
$63.80
(0.39% upside)
Analyst Consensus: Strong Buy