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

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$47.86 +0.02 (+0.04 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$47.86
Today's Range$47.4650 - $47.96
52-Week Range$29.47 - $48.73
Volume25,629 shs
Average Volume55,806 shs
Market Capitalization$851.19 million
P/E Ratio32.56
Dividend YieldN/A
Monarch Casino & Resort logoMonarch 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


Debt-to-Equity Ratio0.10
Current Ratio0.90
Quick Ratio0.83


Trailing P/E Ratio32.56
Forward P/E Ratio25.87
P/E GrowthN/A

Sales & Book Value

Annual Sales$230.73 million
Price / Sales3.69
Cash Flow$2.4111 per share
Price / Cash19.85
Book Value$15.05 per share
Price / Book3.18


EPS (Most Recent Fiscal Year)$1.47
Net Income$25.53 million
Net Margins11.73%
Return on Equity11.06%
Return on Assets8.86%


Outstanding Shares17,790,000
Market Cap$851.19

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) 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.

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

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

What price target have analysts set for MCRI?

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.

What is the consensus analysts' recommendation 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."

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)

Has Monarch Casino & Resort been receiving favorable news coverage?

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.

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 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.

Which institutional investors are selling Monarch Casino & Resort stock?

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.

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 $47.86.

How big of a company is Monarch Casino & Resort?

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.

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:  2.7 out of 5 (star star)
Outperform Votes:  172 (Vote Outperform)
Underperform Votes:  148 (Vote Underperform)
Total Votes:  320
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 7/21/2018 by Staff

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