Monarch Casino & Resort (MCRI) Stock Price, News & Analysis

Company Overview

Monarch Casino & Resort, Inc. is a publicly traded gaming and hospitality company that owns and operates destination resort properties in the United States. The company’s primary asset is Barona Resort & Casino, located in Lakeside, California, which offers a full array of gaming options alongside hotel accommodations, dining venues, live entertainment, a spa, and a championship golf course. Monarch focuses on delivering a comprehensive resort experience by combining gaming with upscale amenities and personalized guest services.

Barona Resort & Casino serves the greater San Diego region and attracts visitors from across Southern California. The property features over 2,300 slot machines and video gaming terminals, table games including blackjack, poker, roulette, and baccarat, as well as a dedicated poker room. Dining outlets span casual to fine-dining concepts, and the 242-room hotel tower provides guests with scenic views of the surrounding countryside. Additional amenities include a championship golf course designed by Kyle Phillips and The Spa at Barona, offering wellness treatments and services.

In November 2022, Monarch completed the acquisition of Riviera Black Hawk, a historic gaming and entertainment venue in Black Hawk, Colorado. This transaction marked the company’s strategic expansion into the Rocky Mountain gaming market, adding a second resort destination to its portfolio. The Riviera Black Hawk property provides slot machines, table games, multiple dining options, live entertainment, and retail amenities, leveraging Monarch’s operational expertise to enhance guest offerings and revenue potential in a competitive regional market.

Founded with principal ownership from the Viejas Band of Kumeyaay Indians and led by an executive team with extensive experience in resort development and casino operations, Monarch Casino & Resort, Inc. became a publicly held company in July 2019. Trading on the NASDAQ under the symbol MCRI, the company continues to explore growth opportunities through strategic acquisitions and property enhancements, aiming to strengthen its position in key gaming jurisdictions while maintaining a focus on customer satisfaction and community engagement.

Key Stats

• Today's Range: $103.18 to $107.00
• 50-Day Range: $80.03 to $104.83
• 52-Week Range: $67.14 to $113.88
• Volume: 246,251 shs
• Average Volume: 110,365 shs
• Market Capitalization: $1.94 billion
• P/E Ratio: 19.76
• Dividend Yield: 1.14%
• Price Target: $93.20
• Consensus Rating: Hold

Monarch Casino & Resort Stock Analysis - MarketRank™

Monarch Casino & Resort scored higher than 73% of companies evaluated by MarketBeat, and ranked 104th out of 292 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Monarch Casino & Resort has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Monarch Casino & Resort has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.12%

Earnings Growth

Earnings for Monarch Casino & Resort are expected to grow by 3.12% in the coming year, from $5.13 to $5.29 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Monarch Casino & Resort is 19.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.52.

Price to Earnings Ratio vs. Sector

The P/E ratio of Monarch Casino & Resort is 19.74, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.05.

Price to Book Value per Share Ratio

Monarch Casino & Resort has a P/B Ratio of 3.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.95% of the float of Monarch Casino & Resort has been sold short.

Short Interest Ratio / Days to Cover

Monarch Casino & Resort has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Monarch Casino & Resort has recently increased by 19.72%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Monarch Casino & Resort pays a meaningful dividend of 1.37%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Monarch Casino & Resort does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Monarch Casino & Resort is 22.56%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Monarch Casino & Resort will have a dividend payout ratio of 22.68% next year. This indicates that Monarch Casino & Resort will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.7 / 5
• Environmental Score: -2.80

Percentage of Shares Shorted

1.95% of the float of Monarch Casino & Resort has been sold short.

Short Interest Ratio / Days to Cover

Monarch Casino & Resort has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Monarch Casino & Resort has recently increased by 19.72%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.75

News Sentiment

Monarch Casino & Resort has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 33 news articles for Monarch Casino & Resort this week, compared to 4 articles on an average week.

Search Interest

1 people have searched for MCRI on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Monarch Casino & Resort to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Monarch Casino & Resort insiders have not sold or bought any company stock.

Percentage Held by Insiders

25.52% of the stock of Monarch Casino & Resort is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

62.37% of the stock of Monarch Casino & Resort is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MCRI Stock Analysis - Frequently Asked Questions

How have MCRI shares performed this year?

Monarch Casino & Resort's stock was trading at $78.90 at the beginning of the year. Since then, MCRI shares have increased by 33.1% and is now trading at $105.0350.

How were Monarch Casino & Resort's earnings last quarter?

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) posted its quarterly earnings results on Wednesday, July, 16th. The company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.22. The business had revenue of $136.91 million for the quarter, compared to analyst estimates of $129.76 million. Monarch Casino & Resort had a trailing twelve-month return on equity of 19.14% and a net margin of 18.70%.

Who are Monarch Casino & Resort's major shareholders?

Monarch Casino & Resort's top institutional investors include Annex Advisory Services LLC (0.13%), Assenagon Asset Management S.A. (0.12%), State of Alaska Department of Revenue (0.04%) and Janney Montgomery Scott LLC (0.02%). Insiders that own company stock include Bob Farahi and John Farahi.
View institutional ownership trends.

How do I buy shares of Monarch Casino & Resort?

Shares of MCRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Monarch Casino & Resort own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Monarch Casino & Resort investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Netflix (NFLX) and Visa (V).

Company Calendar

• Ex-Dividend for 6/15 Dividend: 5/30/2025
• Record date for 6/15 Dividend: 6/01/2025
• Dividend Payable: 6/15/2025
• Last Earnings: 7/16/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 7/23/2025
• Ex-Dividend for 9/15 Dividend: 8/29/2025
• Record date for 9/15 Dividend: 9/01/2025
• Dividend Payable: 9/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: GAMING
• Sub-Industry: Casinos & Gaming
• Current Symbol: NASDAQ:MCRI
• CIK: 907242
• Web: www.monarchcasino.com
• Phone: (775) 335-4600
• Fax: 775-332-9171
• Employees: 2,900
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Monarch Casino & Resort: $93.20
• High Price Target: $105.00
• Low Price Target: $88.00
• Potential Upside/Downside: -11.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.32
• Trailing P/E Ratio: 19.70
• Forward P/E Ratio: 20.43
• P/E Growth: N/A
• Net Income: $72.77 million
• Net Margins: 18.70%
• Pretax Margin: 17.91%
• Return on Equity: 19.14%
• Return on Assets: 14.45%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.69
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: $522.19 million
• Price / Sales: 3.71
• Cash Flow: $9.46 per share
• Price / Cash Flow: 11.08
• Book Value: $28.16 per share
• Price / Book: 3.72

Miscellaneous

• Outstanding Shares: 18,470,000
• Free Float: 13,753,000
• Market Cap: $1.94 billion
• Optionable: Optionable
• Beta: 1.54