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

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

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) released its quarterly earnings data on Wednesday, July, 24th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.04. The business earned $62.76 million during the quarter, compared to analyst estimates of $61.20 million. Monarch Casino & Resort had a return on equity of 11.24% and a net margin of 14.01%. View Monarch Casino & Resort's Earnings History.

Monarch Casino & Resort is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Monarch Casino & Resort.

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

News coverage about MCRI stock has trended positive this week, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Monarch Casino & Resort earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for Monarch Casino & Resort.

Monarch Casino & Resort saw a increase in short interest in July. As of July 31st, there was short interest totalling 250,100 shares, an increase of 16.3% from the June 30th total of 215,100 shares. Based on an average daily trading volume, of 44,100 shares, the days-to-cover ratio is presently 5.7 days. Currently, 2.1% of the shares of the stock are sold short. View Monarch Casino & Resort's Current Options Chain.

Some companies that are related to Monarch Casino & Resort include Eldorado Resorts (ERI), Sunstone Hotel Investors (SHO), Extended Stay America (STAY), Boyd Gaming (BYD), Belmond (BEL), Xenia Hotels & Resorts (XHR), Red Rock Resorts (RRR), Penn National Gaming (PENN), Studio City International (MSC), GreenTree Hospitality Group (GHG), Playa Hotels & Resorts (PLYA), Twin River Worldwide (TRWH), Century Casinos (CNTY), Peak Resorts (SKIS) and Red Lion Hotels (RLH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Monarch Casino & Resort investors own include Hawkins (HWKN), Micron Technology (MU), United Rentals (URI), Bank Of The Ozarks (OZRK), Pinnacle Entertainment (PNK), KEMET (KEM), BioMarin Pharmaceutical (BMRN), CA (CA), Exelixis (EXEL) and NVIDIA (NVDA).

Monarch Casino & Resort's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.89%), JPMorgan Chase & Co. (4.83%), Vanguard Group Inc. (3.99%), Janus Henderson Group PLC (2.52%), Janus Henderson Group PLC (2.52%) and Invesco Ltd. (1.92%). Company insiders that own Monarch Casino & Resort stock include Ben Farahi and Bob Farahi. View Institutional Ownership Trends for Monarch Casino & Resort.

MCRI stock was sold by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc., Grantham Mayo Van Otterloo & Co. LLC, JPMorgan Chase & Co., Victory Capital Management Inc., Wedge Capital Management L L P NC, Eagle Asset Management Inc., Bank of New York Mellon Corp and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for Monarch Casino & Resort.

MCRI stock was acquired by a variety of institutional investors in the last quarter, including Intrinsic Edge Capital Management LLC, Nuveen Asset Management LLC, Janus Henderson Group PLC, Janus Henderson Group PLC, BlackRock Inc., Brasada Capital Management LP, Vanguard Group Inc. and Invesco Ltd.. 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 $45.65.

Monarch Casino & Resort has a market capitalization of $823.98 million and generates $240.32 million in revenue each year. The company earns $34.10 million in net income (profit) each year or $1.83 on an earnings per share basis. Monarch Casino & Resort employs 2,200 workers across the globe.View Additional Information About Monarch Casino & Resort.

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

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.