Monarch Casino & Resort/MCRI

$66.54

-4.35%
-
1D1W1MYTD1YMAX

About Monarch Casino & Resort

Monarch Casino & Resort, Inc. owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada (the Atlantis) and the Monarch Casino Resort Spa Black Hawk (the Monarch Black Hawk), a hotel and casino in Black Hawk, Colorado. In addition, it owns separate parcels of land located next to the Atlantis and a parcel of land with an industrial warehouse located between Denver, Colorado, and Monarch Black Hawk. The Atlantis is located approximately three miles south of downtown, which features approximately 61,000 square feet of casino space; 817 guest rooms and suites; eight food outlets; two gourmet coffee and pastry bars and one snack bar; a 30,000 square-foot health spa and salon with an enclosed year-round pool. Monarch Black Hawk features approximately 60,000 square feet of casino space; approximately 1,000 slot machines; approximately 43 table games; a live poker room; a keno counter and a sports book. The resort also includes 10 bars and lounges.

Ticker

MCRI

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Casinos & Gaming

CEO

John Farahi

Employees

2,900

Headquarters

Reno, United States

MCRI Metrics

BasicAdvanced
$1.31B
Market cap
16.43
P/E ratio
$4.23
EPS
1.67
Beta
$1.20
Dividend rate
1.72%
Dividend yield
$1.31B
1.66843
$77.19
$56.25
120.42K
$1.20
0.511
0.454
1.081
22.83%
25.885
113.17%
12.39%
17.08%
15.13%
16.433
2.586
2.574
2.709
1.72%
1.72%
4.17%
-4.73%
39.58%
49.64%

What the Analysts think about MCRI

Analyst Ratings

Majority rating from 4 analysts.
Hold

Price Targets

Average projection from 4 analysts.
9.33% upside
High $76.00
Low $69.00
$66.54
Current price
$72.75
Average price target

MCRI Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
14.96% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$121.6M
-5.07%
Net income
$18.2M
0%
Profit margin
14.96%
5.35%

MCRI Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 3.4%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.14
$1.23
$0.93
$0.93
-
Expected
$1.17
$1.43
$1.03
$0.96
$1.11
Surprise
-2.65%
-14.15%
-9.97%
-3.4%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Monarch Casino & Resort stock?

Monarch Casino & Resort (MCRI) has a market cap of $1.31B as of April 19, 2024.

What is the P/E ratio for Monarch Casino & Resort stock?

The price to earnings (P/E) ratio for Monarch Casino & Resort (MCRI) stock is 16.43 as of April 19, 2024.

Does Monarch Casino & Resort stock pay dividends?

Yes, the Monarch Casino & Resort (MCRI) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $1.2 and the yield is 1.72%. Monarch Casino & Resort has a payout ratio of 22.83% on a trailing twelve-month basis.

When is the next Monarch Casino & Resort dividend payment date?

The next Monarch Casino & Resort (MCRI) dividend payment is scheduled for June 15, 2024.

What is the beta indicator for Monarch Casino & Resort?

Monarch Casino & Resort (MCRI) has a beta rating of 1.67. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Monarch Casino & Resort stock price target?

The target price for Monarch Casino & Resort (MCRI) stock is $72.75, which is 9.33% above the current price of $66.54. This is an average based on projections from 4 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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