NASDAQ:MCRI - Monarch Casino & Resort Stock Price, Price Target & More

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

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced its quarterly earnings results on Thursday, April, 26th. The company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.39 by $0.03. The business had revenue of $56.27 million for the quarter, compared to the consensus estimate of $53.45 million. Monarch Casino & Resort had a return on equity of 11.06% and a net margin of 11.73%. View Monarch Casino & Resort's Earnings History.

Monarch Casino & Resort is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Monarch Casino & Resort.

5 Wall Street analysts have issued twelve-month price objectives for Monarch Casino & Resort's shares. Their predictions range from $33.00 to $39.00. On average, they expect Monarch Casino & Resort's stock price to reach $36.6667 in the next twelve months. This suggests that the stock has a possible downside of 23.4%. View Analyst Ratings for Monarch Casino & Resort.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monarch Casino & Resort in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Monarch Casino & Resort include Penn National Gaming (PENN), Xenia Hotels & Resorts (XHR), La Quinta (LQ), Pinnacle Entertainment (PNK), GreenTree Hospitality Group (GHG), Tropicana Entertainment (TPCA), Playa Hotels & Resorts (PLYA), Belmond (BEL), Red Lion Hotels (RLH), Century Casinos (CNTY), Full House Resorts (FLL) and Peak Resorts (SKIS).

Media headlines about MCRI stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Monarch Casino & Resort earned a coverage optimism score of 0.12 on Accern's scale. They also assigned news coverage about the company an impact score of 45.84 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Monarch Casino & Resort's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Monarch Casino & Resort stock include Ben Farahi, Bob Farahi and David-Jacques Farahi. View Institutional Ownership Trends for Monarch Casino & Resort.

MCRI stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. Company insiders that have sold Monarch Casino & Resort company stock in the last year include Ben Farahi and Bob Farahi. View Insider Buying and Selling for 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.

One share of MCRI stock can currently be purchased for approximately $47.86.

Monarch Casino & Resort has a market capitalization of $851.19 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.

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.