Monarch Casino & Resort (MCRI) Projected to Announce Earnings on Tuesday

Key Points

• Monarch Casino & Resort is expected to report Q3 2026 results after the market closes on October 27. Analysts project earnings of $1.86 per share on revenue of $147.93 million.
• The company’s previous quarter beat EPS expectations, reporting $1.78 versus the $1.68 consensus, while revenue rose 4.2% year over year to $142.60 million.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $124.40, compared with the stock’s latest listed price of $113.59; CEO John Farahi recently sold 5,000 shares at $124 each.

Monarch Casino & Resort (NASDAQ:MCRI - Get Free Report) is anticipated to post its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect Monarch Casino & Resort to post earnings of $1.86 per share and revenue of $147.93 million for the quarter. Parties can check the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 4:00 PM ET.

Monarch Casino & Resort (NASDAQ:MCRI - Get Free Report) last posted its quarterly earnings data on Monday, July 20th. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.10. The company had revenue of $142.60 million for the quarter, compared to the consensus estimate of $142.85 million. Monarch Casino & Resort had a net margin of 20.40% and a return on equity of 20.63%. The business's revenue was up 4.2% on a year-over-year basis. On average, analysts expect Monarch Casino & Resort to post $6.98 EPS for the current fiscal year and $7.19 EPS for the next fiscal year.

Monarch Casino & Resort Stock Performance

Shares of MCRI opened at $113.59 on Tuesday. The company has a 50-day simple moving average of $119.90 and a 200-day simple moving average of $119.19. Monarch Casino & Resort has a 52 week low of $88.13 and a 52 week high of $135.93. The firm has a market capitalization of $2.04 billion, a P/E ratio of 18.20 and a beta of 1.37.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Texas Capital raised Monarch Casino & Resort to a "strong-buy" rating in a research report on Wednesday, September 9th. Stifel Nicolaus upped their price target on Monarch Casino & Resort from $102.00 to $128.00 and gave the company a "hold" rating in a report on Tuesday, July 21st. Weiss Ratings reiterated a "buy (b)" rating on shares of Monarch Casino & Resort in a research report on Monday, August 24th. UBS Group set a $124.00 price objective on Monarch Casino & Resort in a research report on Thursday, July 2nd. Finally, Truist Financial lifted their price objective on Monarch Casino & Resort from $125.00 to $144.00 and gave the stock a "buy" rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $124.40.

Insider Activity

In other news, CEO John Farahi sold 5,000 shares of the firm's stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $124.00, for a total transaction of $620,000.00. Following the completion of the transaction, the chief executive officer directly owned 611,556 shares of the company's stock, valued at approximately $75,832,944. This trade represents a 0.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 26.34% of the company's stock.

About Monarch Casino & Resort

Monarch Casino & Resort, Inc is a gaming and hospitality company that owns and operates casino resorts in the United States. Its properties serve leisure and gaming customers with casino gaming, hotel accommodations, dining, entertainment, spa services and meeting facilities.

The company operates Atlantis Casino Resort Spa in Reno, Nevada, and Monarch Casino Resort Spa in Black Hawk, Colorado. The resorts offer a range of gaming options, including slot machines, table games and, where permitted, sports wagering, along with restaurants, bars and other guest amenities.

Monarch's history in the casino industry dates to the development of its Black Hawk property in the 1990s and its subsequent expansion in Nevada.

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