Log in

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

$52.48
+0.43 (+0.83 %)
(As of 01/24/2020 02:49 AM ET)
Today's Range
$51.17
Now: $52.48
$52.51
50-Day Range
$44.63
MA: $49.18
$52.76
52-Week Range
$40.78
Now: $52.48
$53.15
Volume56,910 shs
Average Volume66,068 shs
Market Capitalization$948.94 million
P/E Ratio29.65
Dividend YieldN/A
Beta0.92
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$2.78 per share
Book Value$16.83 per share

Profitability

Net Income$34.10 million

Miscellaneous

Employees2,200
Market Cap$948.94 million
Next Earnings Date2/19/2020 (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) posted its earnings results on Wednesday, October, 30th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.59 by $0.09. The business had revenue of $65.59 million for the quarter, compared to analyst estimates 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 19th 2020. View Earnings Estimates for Monarch Casino & Resort.

What price target have analysts set for MCRI?

2 brokerages have issued 12 month price targets for Monarch Casino & Resort's shares. Their forecasts range from $58.00 to $58.00. On average, they anticipate Monarch Casino & Resort's share price to reach $58.00 in the next year. This suggests a possible upside of 10.5% 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?

Media stories about MCRI stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. 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 news impact score of 1.5 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Monarch Casino & Resort.

Are investors shorting Monarch Casino & Resort?

Monarch Casino & Resort saw a increase in short interest in December. As of December 31st, there was short interest totalling 362,300 shares, an increase of 42.7% from the December 15th total of 253,900 shares. Based on an average daily volume of 45,200 shares, the short-interest ratio is currently 8.0 days. Currently, 3.0% of the shares of the stock are short sold. 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 variety of of retail and institutional investors. Top institutional shareholders include Brasada Capital Management LP (0.76%), Assenagon Asset Management S.A. (0.38%), Wedge Capital Management L L P NC (0.09%) and Nisa Investment Advisors LLC (0.01%). 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 Wedge Capital Management L L P NC. View Insider Buying and Selling for Monarch Casino & Resort.

Which institutional investors are buying Monarch Casino & Resort stock?

MCRI stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Brasada Capital Management LP and Nisa Investment Advisors 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 $52.48.

How big of a company is Monarch Casino & Resort?

Monarch Casino & Resort has a market capitalization of $948.94 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.

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:  232 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  463
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 1/24/2020 by MarketBeat.com Staff

Featured Article: What Are Cryptocurrencies?

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