NASDAQ:MCRI - Monarch Casino & Resort Stock Price, News, & Analysis

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$37.70 -0.55 (-1.44 %)
(As of 11/20/2018 12:13 PM ET)
Previous Close$38.25
Today's Range$37.64 - $38.20
52-Week Range$37.33 - $49.63
Volume243 shs
Average Volume66,304 shs
Market Capitalization$699.66 million
P/E Ratio25.99
Dividend YieldN/A
Beta1.29
Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada. It also owns and operates the Monarch Casino Black Hawk in Black Hawk, Colorado. As of March 5, 2018, the company's Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 824 guest rooms; 8 food outlets; 2 espresso and pastry bars; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. Its Atlantis Casino Resort Spa also featured approximately 1,450 slot and video poker machines; approximately 38 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. In addition, the company's Monarch Casino Black Hawk featured approximately 30,000 square feet of casino space, approximately 740 slot machines, 14 table games, a 250-seat buffet-style restaurant, a snack bar, and a nine-story parking structure with approximately 1,350 spaces, as well as valet parking with a total parking capacity to 1,500 spaces. Monarch Casino & Resort, Inc. was founded in 1972 and is based in Reno, Nevada.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:MCRI
Previous Symbol
CUSIP60902710
Phone775-335-4600

Debt

Debt-to-Equity Ratio0.24
Current Ratio0.78
Quick Ratio0.72

Price-To-Earnings

Trailing P/E Ratio25.99
Forward P/E Ratio20.27
P/E Growth1.68

Sales & Book Value

Annual Sales$230.73 million
Price / Sales2.92
Cash Flow$2.3243 per share
Price / Cash16.22
Book Value$15.05 per share
Price / Book2.50

Profitability

EPS (Most Recent Fiscal Year)$1.47
Net Income$25.53 million
Net Margins13.20%
Return on Equity11.79%
Return on Assets8.87%

Miscellaneous

Employees2,200
Outstanding Shares17,890,000
Market Cap$699.66 million
OptionableOptionable

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

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) released its quarterly earnings results on Wednesday, October, 24th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The firm earned $64.36 million during the quarter, compared to the consensus estimate of $65.15 million. Monarch Casino & Resort had a net margin of 13.20% and a return on equity of 11.79%. View Monarch Casino & Resort's Earnings History.

When is Monarch Casino & Resort's next earnings date?

Monarch Casino & Resort is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Monarch Casino & Resort.

What price target have analysts set for MCRI?

2 equities research analysts have issued 1-year price objectives for Monarch Casino & Resort's shares. Their predictions range from $48.00 to $49.00. On average, they anticipate Monarch Casino & Resort's stock price to reach $48.50 in the next year. This suggests a possible upside of 28.6% from the stock's current price. View Analyst Price Targets for Monarch Casino & Resort.

What is the consensus analysts' recommendation for Monarch Casino & Resort?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monarch Casino & Resort in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Monarch Casino & Resort.

Has Monarch Casino & Resort been receiving favorable news coverage?

Media stories about MCRI stock have trended neutral on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Monarch Casino & Resort earned a daily sentiment score of 0.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

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

Who are Monarch Casino & Resort's key executives?

Monarch Casino & Resort's management team includes the folowing people:
  • Mr. John Farahi, Co- Chairman, CEO & Sec. (Age 70)
  • Mr. Bob Farahi, Co- Chairman, Pres & Sec. (Age 67)
  • Mr. David-Jacques Farahi, Chief Operating Officer (Age 36)
  • Mr. Edwin S. Koenig, Chief Accounting Officer (Age 50)
  • Mr. Richard L. Cooley, VP of Fin. and Treasurer (Age 71)

Who are Monarch Casino & Resort's major shareholders?

Monarch Casino & Resort's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.53%), JPMorgan Chase & Co. (5.77%), JPMorgan Chase & Co. (5.77%), Renaissance Technologies LLC (1.17%), Bank of New York Mellon Corp (1.08%) and Dimensional Fund Advisors LP (0.95%). Company insiders that own Monarch Casino & Resort stock include Ben Farahi and Bob Farahi. View Institutional Ownership Trends for Monarch Casino & Resort.

Which major investors are selling Monarch Casino & Resort stock?

MCRI stock was sold by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., TIAA CREF Investment Management LLC, Dimensional Fund Advisors LP and Strs Ohio. View Insider Buying and Selling for Monarch Casino & Resort.

Which major investors are buying Monarch Casino & Resort stock?

MCRI stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., BlackRock Inc., Brasada Capital Management LP, Campbell & CO Investment Adviser LLC, Bank of New York Mellon Corp, Victory Capital Management Inc., First Trust Advisors LP and Eagle Asset Management Inc.. View Insider Buying and Selling for Monarch Casino & Resort.

How do I buy shares of Monarch Casino & Resort?

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

What is Monarch Casino & Resort's stock price today?

One share of MCRI stock can currently be purchased for approximately $37.70.

How big of a company is Monarch Casino & Resort?

Monarch Casino & Resort has a market capitalization of $699.66 million and generates $230.73 million in revenue each year. The company earns $25.53 million in net income (profit) each year or $1.47 on an earnings per share basis. Monarch Casino & Resort employs 2,200 workers across the globe.

What is Monarch Casino & Resort's official website?

The official website for Monarch Casino & Resort is http://www.monarchcasino.com.

How can I contact Monarch Casino & Resort?

Monarch Casino & Resort's mailing address is 3800 S VIRGINIA STREET, RENO NV, 89502. The company can be reached via phone at 775-335-4600.


MarketBeat Community Rating for Monarch Casino & Resort (NASDAQ MCRI)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  181 (Vote Underperform)
Total Votes:  382
MarketBeat's community ratings are surveys of what our community members think about Monarch Casino & Resort and other stocks. Vote "Outperform" if you believe MCRI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCRI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2018 by MarketBeat.com Staff

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