Monarch Casino & Resort (MCRI) Stock Forecast & Price Target

→ Secret Bull Market Starts in This Unusual Sector (From Altimetry) (Ad)

$67.34

+0.80 (+1.20%)

(As of 04/19/2024 ET)

Monarch Casino & Resort Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 3 Analyst Ratings

Analysts' Consensus Price Target

$73.33
8.90% Upside

High Forecast	$76.00
Average Forecast	$73.33
Low Forecast	$70.00

Type	Current Forecast 4/20/23 to 4/19/24	1 Month Ago 3/21/23 to 3/20/24	3 Months Ago 1/20/23 to 1/20/24	1 Year Ago 4/20/22 to 4/20/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	2 Buy rating(s)
Hold	3 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$73.33	$72.00	$67.50	$89.25
Predicted Upside	8.90% Upside	6.13% Upside	5.37% Upside	14.02% Upside

Get Monarch Casino & Resort Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for MCRI and its competitors with MarketBeat's FREE daily newsletter.

Ad TradeSmith

The A.I. story nobody is telling you (Read ASAP)

There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...

Click here to see Louis' new video for yourself.

MCRI Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MCRI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Monarch Casino & Resort Stock vs. The Competition

Type	Monarch Casino & Resort	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.00	2.54	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	10.21% Upside	94.50% Upside	12.31% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/18/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$75.00 ➝ $76.00	+16.03%
2/15/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$72.00 ➝ $74.00	+7.18%
1/5/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$70.00	+5.04%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:29 PM ET.

MCRI Price Target - Frequently Asked Questions

What is Monarch Casino & Resort's consensus rating and price target?: According to the issued ratings of 3 analysts in the last year, the consensus rating for Monarch Casino & Resort stock is Hold based on the current 3 hold ratings for MCRI. The average twelve-month price prediction for Monarch Casino & Resort is $73.33 with a high price target of $76.00 and a low price target of $70.00. Learn more on MCRI's analyst rating history.
Do Wall Street analysts like Monarch Casino & Resort more than its competitors?: Analysts like Monarch Casino & Resort less than other Consumer Discretionary companies. The consensus rating for Monarch Casino & Resort is Hold while the average consensus rating for consumer discretionary companies is Moderate Buy. Learn more on how MCRI compares to other companies.
Does Monarch Casino & Resort's stock price have much upside?: According to analysts, Monarch Casino & Resort's stock has a predicted upside of 9.35% based on their 12-month stock forecasts.

What analysts cover Monarch Casino & Resort?: Monarch Casino & Resort has been rated by Macquarie, and Truist Financial in the past 90 days.

Stock Ratings Reports and Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

This page (NASDAQ:MCRI) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Monarch Casino & Resort (MCRI) Stock Forecast & Price Target

Monarch Casino & Resort Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

MCRI Analyst Ratings By Month

MCRI Price Targets by Month

Monarch Casino & Resort Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

MCRI Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info