Monarch Casino & Resort Company Profile (NASDAQ:MCRI)

About Monarch Casino & Resort (NASDAQ:MCRI)

Monarch Casino & Resort logoMonarch Casino & Resort, Inc. (Monarch), through its subsidiary, owns and operates the Atlantis Casino Resort Spa (the Atlantis), a hotel/casino facility in Reno, Nevada. The Company also owns and operates Monarch Casino Black Hawk. The Company's segments include Atlantis and Monarch Casino Black Hawk. The Atlantis is located approximately three miles south of downtown in the area of Reno, Nevada. As of December 31, 2016, the Atlantis featured approximately 61,000 square feet of casino space; 824 guest rooms and suites; eight food outlets; two espresso and pastry bars; a 30,000 square foot health spa and salon with an enclosed year-round pool; two retail outlets offering clothing and traditional gift shop merchandise; an 8,000 square-foot family entertainment center, and approximately 52,000 square feet of banquet, convention and meeting room space.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Resorts & Casinos
  • Sub-Industry: Casinos & Gaming
  • Symbol: NASDAQ:MCRI
  • CUSIP: 60902710
  • Web: www.monarchcasino.com
Capitalization:
  • Market Cap: $533.35 million
  • Outstanding Shares: 17,504,000
Average Prices:
  • 50 Day Moving Avg: $29.79
  • 200 Day Moving Avg: $26.79
  • 52 Week Range: $20.35 - $30.60
P/E:
  • Trailing P/E Ratio: 21.80
  • Foreward P/E Ratio: 19.41
  • P/E Growth: 1.48
Sales & Book Value:
  • Annual Revenue: $220.7 million
  • Price / Sales: 2.42
  • Book Value: $13.69 per share
  • Price / Book: 2.23
Profitability:
  • EBIDTA: $54.8 million
  • Net Margins: 10.91%
  • Return on Equity: 10.88%
  • Return on Assets: 8.31%
Debt:
  • Debt-to-Equity Ratio: 0.13%
  • Current Ratio: 1.06%
  • Quick Ratio: 0.97%
Misc:
  • Average Volume: 45,857 shs.
  • Beta: 0.96
  • Short Ratio: 6.13
 

Frequently Asked Questions for Monarch Casino & Resort (NASDAQ:MCRI)

What is Monarch Casino & Resort's stock symbol?

Monarch Casino & Resort trades on the NASDAQ under the ticker symbol "MCRI."

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

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) posted its quarterly earnings results on Tuesday, April, 25th. The company reported $0.27 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.01. The company had revenue of $53.41 million for the quarter, compared to the consensus estimate of $51.30 million. Monarch Casino & Resort had a net margin of 10.91% and a return on equity of 10.88%. View Monarch Casino & Resort's Earnings History.

When will Monarch Casino & Resort make its next earnings announcement?

Monarch Casino & Resort is scheduled to release their next quarterly earnings announcement on Tuesday, July, 18th 2017. View Earnings Estimates for Monarch Casino & Resort.

Where is Monarch Casino & Resort's stock going? Where will Monarch Casino & Resort's stock price be in 2017?

4 analysts have issued 12-month target prices for Monarch Casino & Resort's stock. Their predictions range from $27.00 to $97.00. On average, they anticipate Monarch Casino & Resort's share price to reach $47.00 in the next year. View Analyst Ratings for Monarch Casino & Resort.

Are investors shorting Monarch Casino & Resort?

Monarch Casino & Resort saw a decrease in short interest in April. As of April 13th, there was short interest totalling 295,285 shares, a decrease of 1.7% from the March 31st total of 300,413 shares. Based on an average trading volume of 36,722 shares, the short-interest ratio is presently 8.0 days.

Who are some of Monarch Casino & Resort's key competitors?

Who owns Monarch Casino & Resort stock?

Monarch Casino & Resort's stock is owned by many different of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (6.17%), Park West Asset Management LLC (5.17%), Lafitte Capital Management LP (4.53%), Wellington Management Group LLP (4.15%), Vanguard Group Inc. (3.32%) and River Road Asset Management LLC (1.75%). Company insiders that own Monarch Casino & Resort stock include Bob Farahi, David-Jacques Farahi and Ronald Rowan. View Institutional Ownership Trends for Monarch Casino & Resort.

Who sold Monarch Casino & Resort stock? Who is selling Monarch Casino & Resort stock?

Monarch Casino & Resort's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., River Road Asset Management LLC, Morgan Dempsey Capital Management LLC, Renaissance Technologies LLC, Oxford Asset Management, Goldman Sachs Group Inc., Wells Fargo & Company MN and Morgan Stanley. Company insiders that have sold Monarch Casino & Resort stock in the last year include Bob Farahi and David-Jacques Farahi. View Insider Buying and Selling for Monarch Casino & Resort.

Who bought Monarch Casino & Resort stock? Who is buying Monarch Casino & Resort stock?

Monarch Casino & Resort's stock was bought by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, Lafitte Capital Management LP, Vanguard Group Inc., Wellington Management Group LLP, Shell Asset Management Co., Bank of New York Mellon Corp, Bank of America Corp DE and Driehaus Capital Management LLC. View Insider Buying and Selling for Monarch Casino & Resort.

How do I buy Monarch Casino & Resort stock?

Shares of Monarch Casino & Resort can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Monarch Casino & Resort stock cost?

One share of Monarch Casino & Resort stock can currently be purchased for approximately $30.47.

Analyst Ratings

Consensus Ratings for Monarch Casino & Resort (NASDAQ:MCRI) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $47.00 (54.25% upside)

Analysts' Ratings History for Monarch Casino & Resort (NASDAQ:MCRI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/1/2017Deutsche Bank AGBoost Price TargetBuy$95.00 -> $97.00LowView Rating Details
4/28/2017Stifel NicolausBoost Price TargetHold$27.00 -> $29.00LowView Rating Details
4/13/2017Imperial CapitalBoost Price TargetOutperform$27.00 -> $35.00LowView Rating Details
10/14/2016GabelliInitiated CoverageHold$27.00N/AView Rating Details
12/8/2015SidotiInitiated CoverageBuyN/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Monarch Casino & Resort (NASDAQ:MCRI)
Earnings by Quarter for Monarch Casino & Resort (NASDAQ:MCRI)
Earnings History by Quarter for Monarch Casino & Resort (NASDAQ:MCRI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/18/2017        
4/25/2017Q1 2017$0.28$0.27$51.30 million$53.41 millionViewN/AView Earnings Details
2/22/2017Q4 2016$0.33$0.36$53.70 million$55.60 millionViewN/AView Earnings Details
10/25/2016Q3$0.39$0.45$55.80 million$57.11 millionViewN/AView Earnings Details
7/20/2016Q2$0.34$0.32$51.80 million$54.58 millionViewN/AView Earnings Details
4/20/2016Q1$0.27$0.26$48.70 million$49.75 millionViewN/AView Earnings Details
2/24/2016Q4$0.20$0.29$49.35 million$51.49 millionViewN/AView Earnings Details
10/22/2015Q3$0.27$0.37$49.53 million$53.58 millionViewN/AView Earnings Details
7/22/2015Q2$0.27$0.29$48.70 million$50.01 millionViewN/AView Earnings Details
4/22/2015Q115$0.23$0.24$47.10 million$47.10 millionViewN/AView Earnings Details
2/25/2015Q4 2014$0.14$0.22$44.61 million$45.86 millionViewN/AView Earnings Details
10/22/2014Q3$0.21$0.24$47.54 million$48.60 millionViewN/AView Earnings Details
4/23/2014Q1 2014$0.23$0.19$47.50 million$45.51 millionViewN/AView Earnings Details
2/26/2014Q4 13$0.16$0.12ViewN/AView Earnings Details
10/22/2013Q3 13$0.32$0.32ViewN/AView Earnings Details
4/25/2013Q1 2013$0.16$0.26$46.80 million$47.64 millionViewN/AView Earnings Details
2/28/2013Q4 2012$0.11$0.08$45.70 million$54.65 millionViewN/AView Earnings Details
10/24/2012Q312$0.19$0.25$47.30 million$47.90 millionViewN/AView Earnings Details
7/26/2012$0.20$0.11ViewN/AView Earnings Details
4/18/2012$0.12$0.10ViewN/AView Earnings Details
2/23/2012$0.06$0.03ViewN/AView Earnings Details
10/19/2011$0.17$0.14ViewN/AView Earnings Details
7/20/2011$0.13$0.22ViewN/AView Earnings Details
4/20/2011$0.15$0.09ViewN/AView Earnings Details
2/24/2011$0.07$0.03ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Monarch Casino & Resort (NASDAQ:MCRI)
Current Year EPS Consensus Estimate: $1.46 EPS
Next Year EPS Consensus Estimate: $1.57 EPS

Dividends

Dividend History for Monarch Casino & Resort (NASDAQ:MCRI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Monarch Casino & Resort (NASDAQ:MCRI)
Insider Ownership Percentage: 27.91%
Institutional Ownership Percentage: 56.52%
Insider Trades by Quarter for Monarch Casino & Resort (NASDAQ:MCRI)
Institutional Ownership by Quarter for Monarch Casino & Resort (NASDAQ:MCRI)
Insider Trades by Quarter for Monarch Casino & Resort (NASDAQ:MCRI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/16/2016David-Jacques FarahiCOOSell5,000$24.76$123,800.00View SEC Filing  
8/18/2016Bob FarahiPresidentSell10,000$24.24$242,400.00View SEC Filing  
6/12/2015Ronald RowanCFOSell6,575$19.78$130,053.50View SEC Filing  
7/14/2014Ben FarahiMajor ShareholderSell10,000$14.77$147,700.00View SEC Filing  
3/11/2014Bob Farahimajor shareholderSell2,200$19.26$42,372.00View SEC Filing  
3/11/2014Ronald RowanCFOSell3,903$19.03$74,274.09View SEC Filing  
3/5/2014David-Jacques FarahiCOOSell5,000$18.70$93,500.00View SEC Filing  
3/5/2014John FarahiCEOSell42,993$18.51$795,800.43View SEC Filing  
12/12/2013Ben Farahimajor shareholderSell10,000$18.31$183,100.00View SEC Filing  
10/30/2013Ben FarahiMajor ShareholderSell2,365$17.86$42,238.90View SEC Filing  
10/22/2013Ben FarahiMajor ShareholderSell8,292$22.00$182,424.00View SEC Filing  
10/18/2013Ben FarahiMajor ShareholderSell30,000$21.10$633,000.00View SEC Filing  
10/11/2013Ben Farahimajor shareholderSell5,000$20.00$100,000.00View SEC Filing  
8/16/2013Ben Farahimajor shareholderSell10,000$19.50$195,000.00View SEC Filing  
8/12/2013Ben Farahimajor shareholderSell10,000$19.40$194,000.00View SEC Filing  
8/9/2013Bob Farahimajor shareholderSell3,197$20.55$65,698.35View SEC Filing  
8/8/2013Bob Farahimajor shareholderSell4,877$20.55$100,222.35View SEC Filing  
8/2/2013Bob FarahiMajor ShareholderSell60,797$20.55$1,249,378.35View SEC Filing  
7/31/2013Ben FarahiMajor ShareholderSell10,000$20.54$205,400.00View SEC Filing  
8/30/2012Ronald RowanCFOBuy6,493$7.69$49,931.17View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Monarch Casino & Resort (NASDAQ:MCRI)
Latest Headlines for Monarch Casino & Resort (NASDAQ:MCRI)
Source:
DateHeadline
americanbankingnews.com logo$0.38 EPS Expected for Monarch Casino & Resort, Inc. (MCRI) This Quarter
www.americanbankingnews.com - May 17 at 12:28 PM
finance.yahoo.com logoMonarch Casino & Resort, Inc. :MCRI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 15, 2017
finance.yahoo.com - May 15 at 5:51 PM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 7 at 9:26 AM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) Short Interest Update
www.americanbankingnews.com - May 2 at 11:38 AM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) Given New $97.00 Price Target at Deutsche Bank AG
www.americanbankingnews.com - May 1 at 8:14 PM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) Forecasted to Post FY2017 Earnings of $1.40 Per Share
www.americanbankingnews.com - May 1 at 9:51 AM
americanbankingnews.com logoMonarch Casino & Resort (MCRI) Receives Daily Media Sentiment Rating of 0.31
www.americanbankingnews.com - April 29 at 10:23 PM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) Stock Rating Reaffirmed by Stifel Nicolaus
www.americanbankingnews.com - April 29 at 3:49 PM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 29 at 9:26 AM
americanbankingnews.com logoGabelli Comments on Monarch Casino & Resort, Inc.'s FY2018 Earnings (MCRI)
www.americanbankingnews.com - April 28 at 11:30 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Monarch Casino & Resort, Inc. (MCRI) Will Announce Quarterly Sales of $57.13 Million
www.americanbankingnews.com - April 28 at 2:42 PM
americanbankingnews.com logoFavorable Media Coverage Likely to Impact Monarch Casino & Resort (MCRI) Stock Price
www.americanbankingnews.com - April 27 at 1:10 AM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) Expected to Post Earnings of $0.37 Per Share
www.americanbankingnews.com - April 26 at 8:50 PM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS
www.americanbankingnews.com - April 26 at 3:52 PM
finance.yahoo.com logoMonarch Casino & Resort Reports First Quarter Net Revenue of $53.4 Million, Net Income of $4.9 Million and Adjusted EBITDA of $12.1 Million
finance.yahoo.com - April 25 at 5:49 PM
marketbeat.com logoMonarch Casino tops 1Q revenue forecasts
marketbeat.com - April 25 at 5:06 PM
americanbankingnews.com logoPositive News Coverage Extremely Likely to Affect Monarch Casino & Resort (MCRI) Share Price
www.americanbankingnews.com - April 21 at 4:35 PM
americanbankingnews.com logoMonarch Casino & Resort (MCRI) Receives Coverage Optimism Rating of 0.31
www.americanbankingnews.com - April 16 at 1:25 PM
americanbankingnews.com logoMonarch Casino & Resort (MCRI) Receives News Impact Rating of 0.31
www.americanbankingnews.com - April 13 at 5:27 PM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) PT Raised to $35.00
www.americanbankingnews.com - April 13 at 7:54 AM
finance.yahoo.com logoMonarch Casino Gets A Composite Rating Upgrade
finance.yahoo.com - April 11 at 6:26 PM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) Expected to Post Quarterly Sales of $51.9 Million
www.americanbankingnews.com - April 7 at 8:31 PM
finance.yahoo.com logoThinly Traded, But No. 1-Ranked Casino Stock Wins Rating Upgrade
finance.yahoo.com - April 7 at 11:06 AM
americanbankingnews.com logoMonarch Casino & Resort, Inc. (MCRI) Expected to Announce Earnings of $0.30 Per Share
www.americanbankingnews.com - April 5 at 6:04 PM
americanbankingnews.com logo Monarch Casino & Resort, Inc. (MCRI) Receives Consensus Rating of "" from Analysts
www.americanbankingnews.com - April 3 at 1:22 PM
biz.yahoo.com logoMONARCH CASINO & RESORT INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 14 at 5:36 PM
finance.yahoo.com logoGambling Stock Roundup: Macau Sales Rise Again in February, Nevada Thrives in January
finance.yahoo.com - March 6 at 5:58 PM
seekingalpha.com logoMonarch Casino & Resort: Execution Continues, But How Much Is Priced In?
seekingalpha.com - February 28 at 6:35 PM
biz.yahoo.com logoMONARCH CASINO & RESORT INC Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - February 23 at 6:29 PM
us.rd.yahoo.com logoMonarch Casino & Resort's Fourth Quarter Net Revenues Rise 8.0% to $55.6 Million, Net Income Increases 26.3% to $6.5 Million and Adjusted EBITDA Grows 17.8% to $14.6 Million -- Full Year 2016 Net Revenues Increase 7.3%, Driving 19.0% Rise i
us.rd.yahoo.com - February 22 at 6:38 PM
us.rd.yahoo.com logo4:05 pm Monarch Casino & Resort reports Q4 EPS above consensus; Q4 revs above consensus
us.rd.yahoo.com - February 22 at 6:38 PM
us.rd.yahoo.com logoMonarch Casino & Resort Breaks Ground on Casino Expansion and Hotel Tower in Black Hawk
us.rd.yahoo.com - February 8 at 7:17 PM
finance.yahoo.com logoZacks.com featured highlights: EnerSys, Monarch Casino & Resort, Grand Canyon Education, Ingredion and Regeneron Pharmaceuticals
finance.yahoo.com - December 19 at 10:35 AM
biz.yahoo.com logoMONARCH CASINO & RESORT INC Files SEC form 8-K, Other Events
biz.yahoo.com - November 22 at 10:10 AM
finance.yahoo.com logoMonarch Casino & Resort Reaches Construction Milestone in Black Hawk
finance.yahoo.com - November 21 at 6:34 PM
zacks.com logoMonarch Casino & Resort (MCRI): Strong Industry, Solid Earnings Estimate Revisions
www.zacks.com - November 18 at 8:51 AM
zacks.com logoTop Ranked Growth Stocks to Buy for November 17th
www.zacks.com - November 17 at 9:51 AM
finance.yahoo.com logoMONARCH CASINO & RESORT INC Financials
finance.yahoo.com - November 16 at 6:25 PM
finance.yahoo.com logoTop Ranked Growth Stocks to Buy for November 14th
finance.yahoo.com - November 14 at 10:09 AM
seekingalpha.com logoMonarch Casino & Resort: A Good Company, A Decent Price, And A Bit Of Risk
seekingalpha.com - November 10 at 5:44 PM
finance.yahoo.com logoTop Ranked Value Stocks to Buy for November 10th
finance.yahoo.com - November 10 at 5:44 PM
biz.yahoo.com logoMONARCH CASINO & RESORT INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 8 at 5:41 PM
zacks.com logoTop Ranked Value Stocks to Buy for November 8th
www.zacks.com - November 8 at 9:10 AM
finance.yahoo.com logoWynn Resorts (WYNN) Q3 Earnings, Revenues Lag; Stock Hit
finance.yahoo.com - November 3 at 9:53 AM
zacks.com logoMonarch Casino & Resort (MCRI) Sees Hammer Chart Pattern: Time to Buy?
www.zacks.com - November 2 at 9:37 AM
seekingalpha.com logoSolid earnings propel Monarch Casino & Resort
seekingalpha.com - October 26 at 12:25 PM
reuters.com logoBRIEF-Monarch Casino & Resort qtrly earnings per share $0.90
www.reuters.com - October 25 at 6:06 PM
finance.yahoo.com logoMonarch Casino posts 3Q profit
finance.yahoo.com - October 25 at 6:06 PM
blogs.barrons.com logoCasino Stocks: Forget Macau. Nevada’s the Place to Be
blogs.barrons.com - October 14 at 5:54 PM
finance.yahoo.com logoCoverage initiated on Monarch Casino & Resort by Gabelli & Co
finance.yahoo.com - October 14 at 5:54 PM

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Chart

Monarch Casino & Resort (MCRI) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff