Monarch Casino & Resort, Inc. (MCRI)
NASDAQ: MCRI · Real-Time Price · USD
78.28
-0.83 (-1.05%)
Dec 20, 2024, 4:00 PM EST - Market closed
Monarch Casino & Resort Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for MCRI stock have an average target of 78.5, with a low estimate of 76 and a high estimate of 82. The average target predicts an increase of 0.28% from the current stock price of 78.28.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for MCRI stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Initiates $79 | Sell | Initiates | $79 | +0.92% | Dec 16, 2024 |
| Stifel | Stifel | Hold Maintains $72 → $77 | Hold | Maintains | $72 → $77 | -1.64% | Oct 24, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $75 → $82 | Hold | Maintains | $75 → $82 | +4.75% | Oct 23, 2024 |
| Macquarie | Macquarie | Hold Maintains $76 | Hold | Maintains | $76 | -2.91% | Jul 25, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $74 → $75 | Hold | Maintains | $74 → $75 | -4.19% | Jul 25, 2024 |
Financial Forecast
Revenue This Year
526.79M
from 501.48M
Increased by 5.05%
Revenue Next Year
535.30M
from 526.79M
Increased by 1.62%
EPS This Year
4.81
from 4.20
Increased by 14.59%
EPS Next Year
4.97
from 4.81
Increased by 3.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 546.3M | 556.2M | 566.4M |
| Avg | 526.8M | 535.3M | 549.2M |
| Low | 500.7M | 506.1M | 526.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.9% | 5.6% | 5.8% |
| Avg | 5.0% | 1.6% | 2.6% |
| Low | -0.2% | -3.9% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.03 | 5.47 | 5.97 |
| Avg | 4.81 | 4.97 | 5.27 |
| Low | 4.56 | 4.58 | 4.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.8% | 13.7% | 20.3% |
| Avg | 14.6% | 3.2% | 6.2% |
| Low | 8.7% | -4.8% | -6.8% |
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.