Monarch Casino & Resort, Inc. (MCRI)
NASDAQ: MCRI · IEX Real-Time Price · USD
68.76
-0.58 (-0.84%)
At close: Jul 19, 2024, 4:00 PM
68.81
+0.05 (0.07%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Monarch Casino & Resort Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for MCRI stock have an average target of 73.33, with a low estimate of 70 and a high estimate of 76. The average target predicts an increase of 6.65% from the current stock price of 68.76.
Analyst Consensus: Hold
* Price targets were last updated on Apr 18, 2024.
Analyst Ratings
The average analyst rating for MCRI stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Macquarie | Macquarie | Hold Maintains $75 → $76 | Hold | Maintains | $75 → $76 | +10.53% | Apr 18, 2024 |
Truist Securities | Truist Securities | Hold Maintains $72 → $74 | Hold | Maintains | $72 → $74 | +7.62% | Feb 15, 2024 |
Stifel | Stifel | Strong Buy → Hold Downgrades $70 | Strong Buy → Hold | Downgrades | $70 | +1.80% | Jan 5, 2024 |
Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $65 | Strong Buy → Hold | Downgrades | $65 | -5.47% | Oct 19, 2023 |
Stifel | Stifel | Strong Buy Maintains $91 → $83 | Strong Buy | Maintains | $91 → $83 | +20.71% | Oct 19, 2023 |
Financial Forecast
Revenue This Year
522.29M
from 501.48M
Increased by 4.15%
Revenue Next Year
534.67M
from 522.29M
Increased by 2.37%
EPS This Year
4.57
from 4.20
Increased by 8.73%
EPS Next Year
4.72
from 4.57
Increased by 3.45%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 543.0M | 556.0M | 566.3M |
Avg | 522.3M | 534.7M | 550.1M |
Low | 496.9M | 507.2M | 528.6M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 8.3% | 6.5% | 5.9% |
Avg | 4.2% | 2.4% | 2.9% |
Low | -0.9% | -2.9% | -1.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 4.83 | 4.99 | 4.78 |
Avg | 4.57 | 4.72 | 4.65 |
Low | 4.25 | 4.42 | 4.46 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 15.0% | 9.2% | 1.3% |
Avg | 8.7% | 3.4% | -1.6% |
Low | 1.3% | -3.2% | -5.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.