S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:MCRI

Monarch Casino & Resort Stock Forecast, Price & News

$67.43
-1.24 (-1.81%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$66.67
$69.07
50-Day Range
$65.03
$73.74
52-Week Range
$50.01
$76.00
Volume
47,530 shs
Average Volume
39,522 shs
Market Capitalization
$1.26 billion
P/E Ratio
20.43
Dividend Yield
N/A
Beta
1.68
30 days | 90 days | 365 days | Advanced Chart
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Monarch Casino & Resort logo

About Monarch Casino & Resort

Monarch Casino & Resort, Inc. owns and operates the Atlantis Casino Resort Spa, a hotel & casino facility in Reno, Nevada and the Monarch Black Hawk Casino in Black Hawk, Colorado. The Atlantis features casino space; guest rooms; food outlets; espresso and pastry bars; health spa and salon; retail outlets offering clothing and traditional gift shop merchandise; family entertainment centre; banquet, convention and meeting room space. The casino features slot and video poker machines; table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge and a poker room. The Monarch Casino Black Hawk features casino space, slot machines, table games, buffet-style restaurant, a snack bar and a parking structure. The company was founded in 1993 and is headquartered in Reno, NV.

Headlines

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Industry, Sector and Symbol

Industry
Hotels & motels
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:MCRI
CUSIP
60902710
Employees
2,300
Year Founded
N/A

Sales & Book Value

Annual Sales
$184.41 million
Cash Flow
$2.25 per share
Book Value
$22.65 per share

Profitability

Net Income
$23.68 million
Pretax Margin
19.03%

Debt

Price-To-Earnings

Miscellaneous

Free Float
13,724,000
Market Cap
$1.26 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/24/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/23/2022

MarketRank

Overall MarketRank

2.42 out of 5 stars

Consumer Discretionary Sector

118th out of 388 stocks

Hotels & Motels Industry

7th out of 35 stocks

Analyst Opinion: 2.5Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












Monarch Casino & Resort (NASDAQ:MCRI) Frequently Asked Questions

Is Monarch Casino & Resort a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monarch Casino & Resort in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Monarch Casino & Resort stock.
View analyst ratings for Monarch Casino & Resort
or view top-rated stocks.

How has Monarch Casino & Resort's stock price been impacted by Coronavirus?

Monarch Casino & Resort's stock was trading at $26.47 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MCRI shares have increased by 154.7% and is now trading at $67.43.
View which stocks have been most impacted by COVID-19
.

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

Monarch Casino & Resort is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Monarch Casino & Resort
.

How were Monarch Casino & Resort's earnings last quarter?

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) issued its quarterly earnings results on Sunday, October, 24th. The company reported $1.15 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.99 by $0.16. The company had revenue of $111.63 million for the quarter, compared to analysts' expectations of $98.13 million. Monarch Casino & Resort had a net margin of 18.64% and a trailing twelve-month return on equity of 16.24%.
View Monarch Casino & Resort's earnings history
.

What price target have analysts set for MCRI?

1 brokers have issued 12-month target prices for Monarch Casino & Resort's shares. Their forecasts range from $77.00 to $77.00. On average, they expect Monarch Casino & Resort's share price to reach $77.00 in the next year. This suggests a possible upside of 14.2% from the stock's current price.
View analysts' price targets for Monarch Casino & Resort
or view top-rated stocks among Wall Street analysts.

Who are Monarch Casino & Resort's key executives?

Monarch Casino & Resort's management team includes the following people:
  • Bob Farahi, Co-Chairman & President
  • John Farahi, Co-Chairman, Chief Executive Officer & Secretary
  • Michelle Shriver, Vice President-Operations
  • Edwin S. Koenig, Chief Financial & Accounting Officer
  • Louise Dorn, Chief Legal Officer & General Counsel

What is John Farahi's approval rating as Monarch Casino & Resort's CEO?

10 employees have rated Monarch Casino & Resort CEO John Farahi on Glassdoor.com. John Farahi has an approval rating of 8% among Monarch Casino & Resort'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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.71%), Janus Henderson Group PLC (5.73%), Macquarie Group Ltd. (3.18%), Geode Capital Management LLC (1.30%), Advisory Research Inc. (1.27%) and Lord Abbett & CO. LLC (1.11%). Company insiders that own Monarch Casino & Resort stock include Bob Farahi and David-Jacques Farahi.
View institutional ownership trends for Monarch Casino & Resort
.

Which major investors are selling Monarch Casino & Resort stock?

MCRI stock was sold by a variety of institutional investors in the last quarter, including Brasada Capital Management LP, Epoch Investment Partners Inc., BlackRock Inc., Goldman Sachs Group Inc., Morgan Stanley, Assenagon Asset Management S.A., Two Sigma Advisers LP, and Arrowstreet Capital Limited Partnership.
View insider buying and selling activity for Monarch Casino & Resort
or view top insider-selling stocks.

Which major investors are buying Monarch Casino & Resort stock?

MCRI stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Lord Abbett & CO. LLC, Ziegler Capital Management LLC, Cambiar Investors LLC, Lodge Hill Capital LLC, Renaissance Technologies LLC, Los Angeles Capital Management LLC, and Invesco Ltd..
View insider buying and selling activity for Monarch Casino & Resort
or or view top insider-buying stocks.

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 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 $67.43.

How much money does Monarch Casino & Resort make?

Monarch Casino & Resort has a market capitalization of $1.26 billion and generates $184.41 million in revenue each year. The company earns $23.68 million in net income (profit) each year or $3.30 on an earnings per share basis.

How many employees does Monarch Casino & Resort have?

Monarch Casino & Resort employs 2,300 workers across the globe.

What is Monarch Casino & Resort's official website?

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

Where are Monarch Casino & Resort's headquarters?

Monarch Casino & Resort is headquartered at 3800 S VIRGINIA STREET, RENO NV, 89502.

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 or via fax at 775-332-9171.


This page was last updated on 12/4/2021 by MarketBeat.com Staff

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