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Monarch Casino & Resort, Inc. (MCRI)

Stock Price: $72.09 USD 0.68 (0.95%)
Updated May 18, 2021 2:15 PM EDT - Market open
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

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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?

2 weeks ago - Zacks Investment Research

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...

2 weeks ago - GlobeNewsWire

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,...

2 months ago - Benzinga

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...

2 months ago - GlobeNewsWire

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 ...

Other stocks mentioned: GDEN, RRR
4 months ago - Zacks Investment Research

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...

4 months ago - Seeking Alpha

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
4 months ago - Zacks Investment Research

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
4 months ago - Zacks Investment Research

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...

Other stocks mentioned: BYD, CZR, RRR
5 months ago - Benzinga

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
5 months ago - Zacks Investment Research

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

Other stocks mentioned: BALY, BYD, HGV, MGM, PENN
5 months ago - Investopedia

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...

5 months ago - GlobeNewsWire

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...

Other stocks mentioned: CZR, MGM, WYNN, BYD, LVS, RRR
5 months ago - Benzinga

Top Ranked Momentum Stocks to Buy for November 27th

Other stocks mentioned: FICO, STRT, THRM
5 months ago - Zacks Investment Research

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 (...

6 months ago - GlobeNewsWire

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?

6 months ago - Zacks Investment Research

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...

6 months ago - GlobeNewsWire

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.

6 months ago - Zacks Investment Research

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.

8 months ago - Zacks Investment Research

Gaming Industry Outlook: Sports Betting to Drive Growth

Other stocks mentioned: IGT, LVS, MGM, RRR, WYNN
9 months ago - Zacks Investment Research

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

9 months ago - Seeking Alpha

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?

9 months ago - Zacks Investment Research

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 ...

9 months ago - GlobeNewsWire

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.

10 months ago - Zacks Investment Research

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 ...

11 months ago - Benzinga

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

1 year ago - Investopedia

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?

1 year ago - Zacks Investment Research

Monarch Casino & Resort: The Most Astutely-Managed Operator

1 year ago - Seeking Alpha

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.

1 year ago - Zacks Investment Research

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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?

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

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

1 year ago - GlobeNewsWire

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?

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

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

1 year ago - Seeking Alpha

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

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

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?

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

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

1 year ago - Zacks Investment Research

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$78.80
(9.31% upside)
Analyst Consensus: Strong Buy