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NASDAQ:MCRIMonarch Casino & Resort Stock Price, Forecast & News

$44.06
+1.94 (+4.61 %)
(As of 08/11/2020 02:17 PM ET)
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Compare
Today's Range
$42.60
Now: $44.06▼
$44.06
50-Day Range
$31.33
MA: $35.27▼
$42.12
52-Week Range
$12.83
Now: $44.06▼
$57.57
Volume1,952 shs
Average Volume83,977 shs
Market Capitalization$801.45 million
P/E Ratio62.94
Dividend YieldN/A
Beta1.5
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 February 20, 2019, 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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Monarch Casino & Resort logo

Beat the Market (BTM) Rank™

Analyst Opinion: 1.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.38 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:MCRI
Previous Symbol
CUSIP60902710
CIK907242
Webwww.monarchcasino.com
Phone775-335-4600

Debt

Debt-to-Equity Ratio0.53
Current Ratio0.93
Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio62.94
Forward P/E Ratio200.27
P/E GrowthN/A

Sales & Book Value

Annual Sales$249.17 million
Price / Sales3.22
Cash Flow$3.12 per share
Price / Cash Flow14.10
Book Value$18.87 per share
Price / Book2.33

Profitability

EPS (Most Recent Fiscal Year)$1.94
Net Income$31.82 million
Net Margins6.81%
Return on Equity5.25%
Return on Assets3.01%

Miscellaneous

Employees2,300
Outstanding Shares18,190,000
Market Cap$801.45 million
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$44.06
+1.94 (+4.61 %)
(As of 08/11/2020 02:17 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Monarch Casino & Resort's stock price been impacted by Coronavirus (COVID-19)?

Monarch Casino & Resort's stock was trading at $26.47 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MCRI shares have increased by 66.5% and is now trading at $44.06.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Monarch Casino & Resort?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monarch Casino & Resort in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Monarch Casino & Resort.

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

Monarch Casino & Resort is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Monarch Casino & Resort.

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

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced its earnings results on Wednesday, July, 22nd. The company reported ($0.22) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.61) by $0.39. The firm had revenue of $15.16 million for the quarter, compared to the consensus estimate of $11.27 million. Monarch Casino & Resort had a return on equity of 5.25% and a net margin of 6.81%.
View Monarch Casino & Resort's earnings history.

What price target have analysts set for MCRI?

4 Wall Street analysts have issued 1 year price targets for Monarch Casino & Resort's stock. Their forecasts range from $38.00 to $58.00. On average, they anticipate Monarch Casino & Resort's stock price to reach $47.00 in the next year. This suggests a possible upside of 6.7% from the stock's current price.
View analysts' price targets for Monarch Casino & Resort.

Has Monarch Casino & Resort been receiving favorable news coverage?

News coverage about MCRI stock has trended neutral on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Monarch Casino & Resort earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days.
View the latest news about Monarch Casino & Resort.

Are investors shorting Monarch Casino & Resort?

Monarch Casino & Resort saw a decrease in short interest in July. As of July 31st, there was short interest totaling 629,000 shares, a decrease of 15.1% from the July 15th total of 740,600 shares. Based on an average trading volume of 126,800 shares, the short-interest ratio is presently 5.0 days. Currently, 4.9% of the shares of the stock are sold short.
View Monarch Casino & Resort's Short Interest.

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

Some companies that are related to Monarch Casino & Resort include Las Vegas Sands (LVS), MGM Resorts International (MGM), Wynn Resorts (WYNN), Churchill Downs (CHDN), Penn National Gaming (PENN), Caesars Entertainment (CZR), Advanced Drainage Systems (WMS), Boyd Gaming (BYD), International Game Technology (IGT) and Scientific Games (SGMS).
View all competitors.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Monarch Casino & Resort investors own include Hawkins (HWKN), NVIDIA (NVDA), Applied Materials (AMAT), Micron Technology (MU), AbbVie (ABBV), Chipotle Mexican Grill (CMG), Walt Disney (DIS), Gilead Sciences (GILD), IBM (IBM) and Intuit (INTU).

Who are Monarch Casino & Resort's key executives?

Monarch Casino & Resort's management team includes the following people:
  • Mr. John Farahi, Co- Chairman, CEO & Sec. (Age 71)
  • Mr. Bob Farahi, Co-Chairman & Pres (Age 68)
  • Mr. Edwin S. Koenig, Chief Accounting Officer (Age 51)
  • Mr. David-Jacques Farahi, Chief Operating Officer (Age 37)
  • Mr. Richard L. Cooley, VP of Fin. and Treasurer (Age 72)

What is Monarch Casino & Resort's stock symbol?

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

Who are Monarch Casino & Resort's major shareholders?

Monarch Casino & Resort's stock is owned by a variety of retail and institutional investors. Top institutional investors include DAVENPORT & Co LLC (2.60%), WINTON GROUP Ltd (0.56%), Principal Financial Group Inc. (0.49%), Whittier Trust Co. (0.34%), Cadence Capital Management LLC (0.23%) and Wedge Capital Management L L P NC (0.16%).
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 DAVENPORT & Co LLC, Wedge Capital Management L L P NC, UBS Group AG, US Bancorp DE, Principal Financial Group Inc., Whittier Trust Co., State Board of Administration of Florida Retirement System, and Texas Permanent School Fund.
View insider buying and selling activity 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 WINTON GROUP Ltd, Russell Investments Group Ltd., First Trust Advisors LP, Trexquant Investment LP, Whittier Trust Co. of Nevada Inc., Swiss National Bank, SG Americas Securities LLC, and New York State Common Retirement Fund.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

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

One share of MCRI stock can currently be purchased for approximately $44.06.

How big of a company is Monarch Casino & Resort?

Monarch Casino & Resort has a market capitalization of $801.45 million and generates $249.17 million in revenue each year. The company earns $31.82 million in net income (profit) each year or $1.94 on an earnings per share basis. Monarch Casino & Resort employs 2,300 workers across the globe.

What is Monarch Casino & Resort's official website?

The official website for Monarch Casino & Resort is 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.

This page was last updated on 8/11/2020 by MarketBeat.com Staff
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