Positive News Sentiment NASDAQ:MCRI Monarch Casino & Resort - MCRI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Monarch Casino & Resort, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $72.74 +0.22 (+0.30%) (As of 03/30/2023 04:18 PM ET) Add Compare Share Share Today's Range$72.32▼$73.1050-Day Range$70.14▼$81.0452-Week Range$54.01▼$94.26Volume93,707 shsAverage Volume101,928 shsMarket Capitalization$1.39 billionP/E Ratio16.31Dividend YieldN/APrice Target$89.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Monarch Casino & Resort MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside22.7% Upside$89.25 Price TargetShort InterestHealthy1.48% of Float Sold ShortDividend StrengthN/ASustainability-2.80Upright™ Environmental ScoreNews Sentiment1.63Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth2.70%From $4.82 to $4.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.14 out of 5 starsConsumer Discretionary Sector159th out of 262 stocksHotels & Motels Industry17th out of 25 stocks 2.3 Analyst's Opinion Consensus RatingMonarch Casino & Resort has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $89.25, Monarch Casino & Resort has a forecasted upside of 22.7% from its current price of $72.74.Amount of Analyst CoverageMonarch Casino & Resort has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.48% of the float of Monarch Casino & Resort has been sold short.Short Interest Ratio / Days to CoverMonarch Casino & Resort has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Monarch Casino & Resort has recently decreased by 38.68%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMonarch Casino & Resort does not currently pay a dividend.Dividend GrowthMonarch Casino & Resort does not have a long track record of dividend growth. Previous Next 0.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMonarch Casino & Resort has received a -65.10% net impact score from Upright. The largest negative impact of Monarch Casino & Resort in category "GHG emissions" seems to be driven mostly by its "Casino hotel services", "Western fine dining restaurant food", and "Holiday resort services" products. See details.Environmental SustainabilityThe Environmental Impact score for Monarch Casino & Resort is -2.80. Previous Next 3.1 News and Social Media Coverage News SentimentMonarch Casino & Resort has a news sentiment score of 1.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Monarch Casino & Resort this week, compared to 1 article on an average week.Search InterestOnly 6 people have searched for MCRI on MarketBeat in the last 30 days. This is a decrease of -85% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Monarch Casino & Resort insiders have not sold or bought any company stock.Percentage Held by Insiders24.75% of the stock of Monarch Casino & Resort is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions61.47% of the stock of Monarch Casino & Resort is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Monarch Casino & Resort are expected to grow by 2.70% in the coming year, from $4.82 to $4.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Monarch Casino & Resort is 16.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Monarch Casino & Resort is 16.31, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.11.Price to Book Value per Share RatioMonarch Casino & Resort has a P/B Ratio of 2.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Monarch Casino & Resort (NASDAQ:MCRI) StockMonarch Casino & Resort, Inc. engages in the ownership and operation of the Atlantis Casino Resort Spa, a hotel and casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk, Colorado. The company was founded in 1993 and is headquartered in Reno, NV.Read More Receive MCRI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Monarch Casino & Resort and its competitors with MarketBeat's FREE daily newsletter. Email Address MCRI Stock News HeadlinesMarch 20, 2023 | finance.yahoo.comDoes Monarch Casino & Resort (NASDAQ:MCRI) Deserve A Spot On Your Watchlist?March 3, 2023 | finance.yahoo.comMonarch Casino & Resort Full Year 2022 Earnings: EPS Misses ExpectationsMarch 30, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 1, 2023 | seekingalpha.comMCRI Monarch Casino & Resort, Inc.February 15, 2023 | finanznachrichten.deMonarch Casino & Resort, Inc.: Monarch Casino & Resort Reports Record 2022 Fourth Quarter Financial ResultsFebruary 15, 2023 | finance.yahoo.comEstimating The Intrinsic Value Of Monarch Casino & Resort, Inc. (NASDAQ:MCRI)February 14, 2023 | finance.yahoo.comMonarch Casino & Resort Reports Record 2022 Fourth Quarter Financial ResultsFebruary 7, 2023 | finance.yahoo.comMonarch Casino & Resort Declares One-Time Cash Dividend of $5.00 Per Share; Initiates Recurring Annual Cash Dividend of $1.20 Per Share, to Be Paid in Quarterly AmountsMarch 30, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.January 31, 2023 | seekingalpha.comMonarch Casino & Resort: Proper Execution Could Bring A Huge WinJanuary 20, 2023 | finance.yahoo.comMonarch Casino & Resort (NASDAQ:MCRI) sheds 6.3% this week, as yearly returns fall more in line with earnings growthDecember 25, 2022 | finance.yahoo.comAt US$77.00, Is It Time To Put Monarch Casino & Resort, Inc. (NASDAQ:MCRI) On Your Watch List?December 15, 2022 | finance.yahoo.comHas Monarch Casino & Resort (MCRI) Outpaced Other Consumer Discretionary Stocks This Year?November 30, 2022 | finance.yahoo.comAre Consumer Discretionary Stocks Lagging Monarch Casino & Resort (MCRI) This Year?November 30, 2022 | finance.yahoo.comAre Consumer Discretionary Stocks Lagging Monarch Casino & Resort (MCRI) This Year?November 26, 2022 | finance.yahoo.comWe Think Monarch Casino & Resort (NASDAQ:MCRI) Might Have The DNA Of A Multi-BaggerNovember 15, 2022 | finance.yahoo.comNo. 1 Ranked Monarch Casino Stock On A Win Streak; Key Rating ClimbsNovember 11, 2022 | finance.yahoo.comIs Monarch Casino (MCRI) a Solid Growth Stock? 3 Reasons to Think "Yes"November 10, 2022 | finance.yahoo.comIs Monarch Casino & Resort (MCRI) Stock Outpacing Its Consumer Discretionary Peers This Year?October 30, 2022 | finance.yahoo.comIs Monarch Casino & Resort, Inc.'s (NASDAQ:MCRI) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?October 27, 2022 | finance.yahoo.comZacks.com featured highlights include e.l.f. Beauty, Monarch Casino & Resort, Incyte and HubbellOctober 25, 2022 | finance.yahoo.comIs Monarch Casino & Resort (MCRI) Outperforming Other Consumer Discretionary Stocks This Year?October 25, 2022 | finance.yahoo.comMonarch Casino (MCRI) is an Incredible Growth Stock: 3 Reasons WhyOctober 21, 2022 | 247wallst.comMonarch Casino Rewarded With 16% Rally on Solid Earnings Beat And Broker UpgradeOctober 20, 2022 | marketwatch.comMonarch Casino & Resort Stock Climbs 16% After Record Quarterly ResultsOctober 20, 2022 | seekingalpha.comMonarch Casino & Resort soars with capital allocation potential in the mixOctober 20, 2022 | finance.yahoo.comWhy Monarch Casino & Resort Popped 21.2% on ThursdaySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MCRI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Monarch Casino & Resort and its competitors with MarketBeat's FREE daily newsletter. Email Address MCRI Company Calendar Last Earnings10/24/2021Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Today3/30/2023Next Earnings (Estimated)4/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Hotels & motels Sub-IndustryCasinos & Gaming SectorConsumer Discretionary Current SymbolNASDAQ:MCRI CUSIP60902710 CIK907242 Webwww.monarchcasino.com Phone(775) 335-4600Fax775-332-9171Employees2,700Year FoundedN/APrice Target and Rating Average Stock Price Forecast$89.25 High Stock Price Forecast$95.00 Low Stock Price Forecast$81.00 Forecasted Upside/Downside+23.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$4.46 Trailing P/E Ratio16.26 Forward P/E Ratio15.05 P/E GrowthN/ANet Income$87.48 million Net Margins18.31% Pretax Margin22.81% Return on Equity17.92% Return on Assets13.00% Debt Debt-to-Equity RatioN/A Current Ratio0.76 Quick Ratio0.70 Sales & Book Value Annual Sales$477.87 million Price / Sales2.90 Cash Flow$7.15 per share Price / Cash Flow10.14 Book Value$28.42 per share Price / Book2.55Miscellaneous Outstanding Shares19,120,000Free Float14,389,000Market Cap$1.39 billion OptionableOptionable Beta1.68 Key ExecutivesBob FarahiCo-Chairman & PresidentJohn FarahiCo-Chairman, Chief Executive Officer & SecretaryMichelle ShriverVice President-OperationsEdwin S. KoenigChief Financial & Accounting OfficerKey CompetitorsPENN EntertainmentNASDAQ:PENNPlaya Hotels & ResortsNASDAQ:PLYABally'sNYSE:BALYGreenTree Hospitality GroupNYSE:GHGTravel + LeisureNYSE:TNLView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Bought 8,845 shares on 2/21/2023Ownership: 2.754%Truist Financial CorpBought 5,716 shares on 2/17/2023Ownership: 0.030%State of WyomingBought 359 shares on 2/16/2023Ownership: 0.002%Legal & General Group PlcBought 742 shares on 2/15/2023Ownership: 0.171%Susquehanna Fundamental Investments LLCSold 1,200 shares on 2/15/2023Ownership: 0.057%View All Institutional Transactions MCRI Stock - Frequently Asked Questions Should I buy or sell Monarch Casino & Resort stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monarch Casino & Resort in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MCRI shares. View MCRI analyst ratings or view top-rated stocks. What is Monarch Casino & Resort's stock price forecast for 2023? 4 analysts have issued twelve-month price targets for Monarch Casino & Resort's stock. Their MCRI share price forecasts range from $81.00 to $95.00. On average, they expect the company's share price to reach $89.25 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price. View analysts price targets for MCRI or view top-rated stocks among Wall Street analysts. How have MCRI shares performed in 2023? Monarch Casino & Resort's stock was trading at $76.89 at the start of the year. Since then, MCRI shares have decreased by 5.2% and is now trading at $72.92. View the best growth stocks for 2023 here. Are investors shorting Monarch Casino & Resort? Monarch Casino & Resort saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 201,200 shares, a drop of 38.7% from the February 28th total of 328,100 shares. Based on an average daily volume of 99,900 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.5% of the company's shares are sold short. View Monarch Casino & Resort's Short Interest. When is Monarch Casino & Resort's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023. View our MCRI earnings forecast. How were Monarch Casino & Resort's earnings last quarter? Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced its quarterly earnings data on Sunday, October, 24th. The company reported $1.15 EPS for the quarter, beating the consensus estimate of $0.99 by $0.16. The company had revenue of $111.63 million for the quarter, compared to analyst estimates of $98.13 million. Monarch Casino & Resort had a trailing twelve-month return on equity of 17.92% and a net margin of 18.31%. How often does Monarch Casino & Resort pay dividends? What is the dividend yield for Monarch Casino & Resort? Monarch Casino & Resort announced a Variable dividend on Tuesday, February 7th. Investors of record on Wednesday, March 1st will be paid a dividend of $5.00 per share on Wednesday, March 15th. The ex-dividend date of this dividend is Tuesday, February 28th. Read our dividend analysis for MCRI. What ETFs hold Monarch Casino & Resort's stock? ETFs with the largest weight of Monarch Casino & Resort (NASDAQ:MCRI) stock in their portfolio include AdvisorShares Hotel ETF (BEDZ), AdvisorShares Vice ETF (VICE), B.A.D. Etf (BAD), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), First Trust Small Cap Growth AlphaDEX Fund (FYC), Invesco S&P SmallCap Quality ETF (XSHQ) and Pacer US Small Cap Cash Cows 100 ETF (CALF). What is John Farahi's approval rating as Monarch Casino & Resort's CEO? 10 employees have rated Monarch Casino & Resort Chief Executive Officer John Farahi on Glassdoor.com. John Farahi has an approval rating of 8% among the company's employees. This puts John Farahi in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 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), Micron Technology (MU), Sorrento Therapeutics (SRNE), Taiwan Semiconductor Manufacturing (TSM), Applied Materials (AMAT), Gilead Sciences (GILD), Intuit (INTU), Marvell Technology (MRVL) and Novavax (NVAX). 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 institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (6.09%), JPMorgan Chase & Co. (4.35%), Macquarie Group Ltd. (2.75%), Brown Advisory Inc. (2.10%), Millennium Management LLC (1.51%) and Tributary Capital Management LLC (1.39%). Insiders that own company stock include Bob Farahi and David-Jacques Farahi. View institutional ownership trends. How do I buy shares of Monarch Casino & Resort? Shares of MCRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Monarch Casino & Resort's stock price today? One share of MCRI stock can currently be purchased for approximately $72.92. How much money does Monarch Casino & Resort make? Monarch Casino & Resort (NASDAQ:MCRI) has a market capitalization of $1.39 billion and generates $477.87 million in revenue each year. The company earns $87.48 million in net income (profit) each year or $4.46 on an earnings per share basis. How many employees does Monarch Casino & Resort have? The company employs 2,700 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 official website for the company is www.monarchcasino.com. The company can be reached via phone at (775) 335-4600 or via fax at 775-332-9171. This page (NASDAQ:MCRI) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.