Log in

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

$56.24
-0.71 (-1.25 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$55.49
Now: $56.25
$57.02
50-Day Range
$48.96
MA: $53.27
$56.96
52-Week Range
$40.78
Now: $56.25
$57.57
Volume274,458 shs
Average Volume208,029 shs
Market Capitalization$1.02 billion
P/E Ratio31.78
Dividend YieldN/A
Beta0.94
Monarch 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 February 20, 2019, 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. Read More…

Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:MCRI
CUSIP60902710
Phone775-335-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$240.32 million
Cash Flow$2.72 per share
Book Value$16.83 per share

Profitability

Net Income$34.10 million

Miscellaneous

Employees2,200
Market Cap$1.02 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

Receive MCRI News and Ratings via Email

Sign-up to receive the latest news and ratings for MCRI and its competitors with MarketBeat's FREE daily newsletter.


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) issued its earnings results on Wednesday, October, 30th. The company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.09. The firm earned $65.59 million during the quarter, compared to the consensus estimate of $69.05 million. Monarch Casino & Resort had a return on equity of 10.44% and a net margin of 13.32%. 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 Wednesday, February 26th 2020. View Earnings Estimates for Monarch Casino & Resort.

What price target have analysts set for MCRI?

2 Wall Street analysts have issued 1 year price targets for Monarch Casino & Resort's stock. Their forecasts range from $58.00 to $58.00. On average, they expect Monarch Casino & Resort's stock price to reach $58.00 in the next year. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Price Targets for Monarch Casino & Resort.

What is the consensus analysts' recommendation for Monarch Casino & Resort?

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

Has Monarch Casino & Resort been receiving favorable news coverage?

Headlines about MCRI stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 -1.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Monarch Casino & Resort.

Are investors shorting Monarch Casino & Resort?

Monarch Casino & Resort saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 420,000 shares, an increase of 15.9% from the January 15th total of 362,300 shares. Based on an average daily trading volume, of 48,500 shares, the short-interest ratio is presently 8.7 days. Currently, 3.5% of the company's stock are sold short. View Monarch Casino & Resort's Current Options Chain.

Who are some of Monarch Casino & Resort's key competitors?

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), KEMET (KEM), Micron Technology (MU), GrubHub (GRUB), IBM (IBM), United Rentals (URI), Amphastar Pharmaceuticals (AMPH), Comtech Telecomm. (CMTL), Gilead Sciences (GILD) and Overstock.com (OSTK).

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 71)
  • Mr. Bob Farahi, Co-Chairman & Pres (Age 68)
  • Mr. Edwin S. Koenig, Chief Accounting Officer (Age 51)
  • Mr. David-Jacques Farahi, Chief Operating Officer (Age 37)
  • Mr. Richard L. Cooley, VP of Fin. and Treasurer (Age 72)

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 investors include Janus Henderson Group PLC (2.92%), State Street Corp (1.94%), Renaissance Technologies LLC (1.14%), Geode Capital Management LLC (0.94%), Bank of New York Mellon Corp (0.76%) and Brasada Capital Management LP (0.76%). 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 Morgan Dempsey Capital Management LLC, Bank of America Corp DE, US Bancorp DE, Wedge Capital Management L L P NC, Panagora Asset Management Inc., Arizona State Retirement System, Bank of New York Mellon Corp and Eagle Asset Management Inc.. View Insider Buying and Selling for Monarch Casino & Resort.

Which institutional investors are buying Monarch Casino & Resort stock?

MCRI stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Janus Henderson Group PLC, Great West Life Assurance Co. Can, UBS Asset Management Americas Inc., Renaissance Technologies LLC, State Street Corp, First Republic Investment Management Inc. and Geode Capital Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Monarch Casino & Resort's stock price today?

One share of MCRI stock can currently be purchased for approximately $56.25.

How big of a company is Monarch Casino & Resort?

Monarch Casino & Resort has a market capitalization of $1.02 billion 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.

What is Monarch Casino & Resort's official website?

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

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:  2.5 out of 5 (star star half star)
Outperform Votes:  240 (Vote Outperform)
Underperform Votes:  233 (Vote Underperform)
Total Votes:  473
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 2/23/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel