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.
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Industry, Sector and Symbol
Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Phone775-335-4600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$240.32 million
Profitability
Miscellaneous
Employees2,200
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable
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, July, 24th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.46 by $0.04. The firm earned $62.76 million during the quarter, compared to analysts' expectations 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.
When is Monarch Casino & Resort's next earnings date?
What is the consensus analysts' recommendation 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.
Has Monarch Casino & Resort been receiving favorable news coverage?
News articles about MCRI stock have been trending negative on Monday, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Monarch Casino & Resort earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning 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.
Are investors shorting Monarch Casino & Resort?
Monarch Casino & Resort saw a decline in short interest in September. As of September 30th, there was short interest totalling 242,900 shares, a decline of 16.9% from the August 30th total of 292,300 shares. Based on an average trading volume of 41,500 shares, the short-interest ratio is currently 5.9 days. Currently, 2.0% of the company's stock are short sold. View Monarch Casino & Resort's Current Options Chain.
Who are some of Monarch Casino & Resort's key competitors?
Some companies that are related to Monarch Casino & Resort include Boyd Gaming (BYD), Extended Stay America (STAY), Belmond (BEL), Red Rock Resorts (RRR), Xenia Hotels & Resorts (XHR), Penn National Gaming (PENN), Studio City International (MSC), GreenTree Hospitality Group (GHG), Playa Hotels & Resorts (PLYA), Twin River Worldwide (TRWH), Century Casinos (CNTY), Peak Resorts (SKIS), Red Lion Hotels (RLH), Full House Resorts (FLL) and The Castle Group (CAGU).
What other stocks do shareholders of Monarch Casino & Resort own?
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 State of Alaska Department of Revenue (0.05%). Company insiders that own Monarch Casino & Resort stock include Ben Farahi and Bob Farahi. View Institutional Ownership Trends for Monarch Casino & Resort.
Which institutional investors are buying Monarch Casino & Resort stock?
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 $42.37.
How big of a company is Monarch Casino & Resort?
Monarch Casino & Resort has a market capitalization of $764.78 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?
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)
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.
