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

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

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) issued its quarterly earnings results on Wednesday, July, 24th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.04. The business earned $62.76 million during the quarter, compared to the consensus estimate of $61.20 million. Monarch Casino & Resort had a net margin of 14.01% and a return on equity of 11.24%. 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 articles about MCRI stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Monarch Casino & Resort earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Monarch Casino & Resort.

Monarch Casino & Resort saw a drop in short interest in September. As of September 30th, there was short interest totalling 242,900 shares, a drop of 16.9% from the August 30th total of 292,300 shares. Based on an average trading volume of 41,500 shares, the days-to-cover ratio is presently 5.9 days. Approximately 2.0% 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 Las Vegas Sands (LVS), MGM Resorts International (MGM), Wynn Resorts (WYNN), Caesars Entertainment (CZR), Churchill Downs (CHDN), Boyd Gaming (BYD), International Game Technology (IGT), Penn National Gaming (PENN), Scientific Games (SGMS), Advanced Drainage Systems (WMS), Ameristar Casinos (ASCA), Bally Technologies (BYI), MTR Gaming Group (MNTG), Multimedia Games (MGAM) and SHFL entertainment (SHFL).

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 retail and institutional investors. Top institutional investors include Whittier Trust Co. (0.32%), Assenagon Asset Management S.A. (0.19%), Strs Ohio (0.08%), Whittier Trust Co. of Nevada Inc. (0.06%), State of Alaska Department of Revenue (0.05%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). 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 Strs Ohio. View Insider Buying and Selling for Monarch Casino & Resort.

MCRI stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of Alaska Department of Revenue, Whittier Trust Co. of Nevada Inc., Zurcher Kantonalbank Zurich Cantonalbank and Whittier Trust Co.. 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, Robinhood, Fidelity and Charles Schwab.

One share of MCRI stock can currently be purchased for approximately $43.31.

Monarch Casino & Resort has a market capitalization of $781.75 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.