Monarch Casino & Resort, Inc. (MCRI)
NASDAQ: MCRI · Real-Time Price · USD
83.64
+0.24 (0.29%)
Nov 21, 2024, 2:17 PM EST - Market open

Monarch Casino & Resort Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for MCRI stock have an average target of 78.33, with a low estimate of 76 and a high estimate of 82. The average target predicts a decrease of -6.35% from the current stock price of 83.64.

Analyst Consensus: Hold
Target Low Average Median High
Price $76 $78.33 $77 $82
Change -9.13% -6.35% -7.94% -1.96%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 000000
Hold 333333
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Hold
Maintains
$72$77
Hold Maintains $72$77 -7.94% Oct 24, 2024
Truist Securities
Truist Securities
Hold
Maintains
$75$82
Hold Maintains $75$82 -1.96% Oct 23, 2024
Macquarie
Macquarie
Hold
Maintains
$76
Hold Maintains $76 -9.13% Jul 25, 2024
Truist Securities
Truist Securities
Hold
Maintains
$74$75
Hold Maintains $74$75 -10.33% Jul 25, 2024
Macquarie
Macquarie
Hold
Maintains
$75$76
Hold Maintains $75$76 -9.13% Apr 18, 2024
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
249.17M184.41M395.38M477.87M501.48M526.79M535.30M549.24M
Revenue Growth
3.68%-25.99%114.40%20.86%4.94%5.05%1.62%2.60%
EPS
1.701.253.534.474.204.814.975.27
EPS Growth
-7.10%-26.47%182.40%26.63%-6.04%14.59%3.18%6.19%
Forward PE
-----17.3816.8415.86
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
8.9%
5.6%
5.8%
Avg
5.0%
1.6%
2.6%
Low
-0.2%
-3.9%
-1.7%

EPS Forecast

EPS 202420252026
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 202420252026
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.