Monarch Casino & Resort, Inc. (MCRI)
NASDAQ: MCRI · IEX Real-Time Price · USD
67.34
+0.80 (1.20%)
Apr 19, 2024, 4:00 PM EDT - Market closed
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 8.90% from the current stock price of 67.34.
Analyst Consensus: Hold
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 3 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Hold Maintains $75 → $76 | Hold | Maintains | $75 → $76 | +12.86% | Apr 18, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $72 → $74 | Hold | Maintains | $72 → $74 | +9.89% | Feb 15, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $70 | Strong Buy → Hold | Downgrades | $70 | +3.95% | Jan 5, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $65 | Strong Buy → Hold | Downgrades | $65 | -3.47% | Oct 19, 2023 |
| Stifel | Stifel | Strong Buy Maintains $91 → $83 | Strong Buy | Maintains | $91 → $83 | +23.26% | Oct 19, 2023 |
Financial Forecast
Revenue This Year
523.02M
from 501.48M
Increased by 4.30%
Revenue Next Year
534.86M
from 523.02M
Increased by 2.26%
EPS This Year
4.58
from 4.20
Increased by 9.13%
EPS Next Year
4.74
from 4.58
Increased by 3.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 544.3M | 554.4M | 564.7M |
| Avg | 523.0M | 534.9M | 548.5M |
| Low | 495.5M | 507.2M | 527.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.5% | 6.0% | 5.6% |
| Avg | 4.3% | 2.3% | 2.6% |
| Low | -1.2% | -3.0% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.92 | 5.06 | 4.63 |
| Avg | 4.58 | 4.74 | 4.50 |
| Low | 4.24 | 4.28 | 4.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.3% | 10.4% | -2.3% |
| Avg | 9.1% | 3.4% | -5.1% |
| Low | 0.8% | -6.6% | -8.8% |
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.