NASDAQ:MCRI Monarch Casino & Resort (MCRI) Stock Price, News & Analysis → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free MCRI Stock Alerts $66.54 -3.03 (-4.36%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$64.50▼$67.3350-Day Range$66.54▼$74.9952-Week Range$56.25▼$77.19Volume203,498 shsAverage Volume75,345 shsMarket Capitalization$1.25 billionP/E Ratio15.73Dividend Yield1.80%Price Target$73.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Monarch Casino & Resort alerts: Email Address Monarch Casino & Resort MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside10.2% Upside$73.33 Price TargetShort InterestHealthy3.29% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.80Upright™ Environmental ScoreNews Sentiment0.26Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth3.08%From $4.55 to $4.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.80 out of 5 starsConsumer Discretionary Sector100th out of 267 stocksHotels & Motels Industry14th out of 27 stocks 2.0 Analyst's Opinion Consensus RatingMonarch Casino & Resort has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageMonarch Casino & Resort has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.29% of the float of Monarch Casino & Resort has been sold short.Short Interest Ratio / Days to CoverMonarch Casino & Resort has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Monarch Casino & Resort has recently decreased by 7.88%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMonarch Casino & Resort pays a meaningful dividend of 1.72%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMonarch Casino & Resort does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Monarch Casino & Resort is 28.37%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Monarch Casino & Resort will have a dividend payout ratio of 25.59% next year. This indicates that Monarch Casino & Resort will be able to sustain or increase its dividend. Previous Next 0.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMonarch Casino & Resort has received a -65.10% net impact score from Upright. The largest negative impact of Monarch Casino & Resort in category "GHG emissions" seems to be driven mostly by its "Casino hotel services", "Western fine dining restaurant food", and "Holiday resort services" products. See details.Environmental SustainabilityThe Environmental Impact score for Monarch Casino & Resort is -2.80. Previous Next 1.8 News and Social Media Coverage News SentimentMonarch Casino & Resort has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Monarch Casino & Resort this week, compared to 2 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Monarch Casino & Resort insiders have not sold or bought any company stock.Percentage Held by Insiders24.56% of the stock of Monarch Casino & Resort is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions62.37% of the stock of Monarch Casino & Resort is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Monarch Casino & Resort are expected to grow by 3.08% in the coming year, from $4.55 to $4.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Monarch Casino & Resort is 15.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Monarch Casino & Resort is 15.73, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.70.Price to Book Value per Share RatioMonarch Casino & Resort has a P/B Ratio of 2.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story About Monarch Casino & Resort Stock (NASDAQ:MCRI)Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. It also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. The company was incorporated in 1993 and is based in Reno, Nevada.Read More MCRI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MCRI Stock News HeadlinesApril 18, 2024 | finanznachrichten.deMonarch Casino & Resort, Inc.: Monarch Casino & Resort Reports Record First Quarter 2024 Financial ResultsApril 18, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: Monarch Casino & Resort (MCRI) and frontdoor (FTDR)April 19, 2024 | InvestorPlace (Ad)New crypto project uncovers 2,050% in 65 daysDuring the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.April 18, 2024 | finance.yahoo.comShould You Think About Buying Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Now?April 17, 2024 | investorplace.comMCRI Stock Earnings: Monarch Casino & Resort Misses EPS, Misses Revenue for Q1 2024April 17, 2024 | finance.yahoo.comMonarch Casino & Resort Inc. Reports Q1 2024 Results: A Close Match to Analyst ProjectionsApril 17, 2024 | finance.yahoo.comMonarch (NASDAQ:MCRI) Misses Q1 Revenue EstimatesApril 17, 2024 | globenewswire.comMonarch Casino & Resort Reports Record First Quarter 2024 Financial ResultsApril 19, 2024 | InvestorPlace (Ad)New crypto project uncovers 2,050% in 65 daysDuring the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.April 16, 2024 | finance.yahoo.comWhat To Expect From Monarch’s (MCRI) Q1 EarningsApril 15, 2024 | americanbankingnews.comMonarch Casino & Resort (MCRI) Set to Announce Earnings on WednesdayApril 11, 2024 | es-us.finanzas.yahoo.comMonarch Casino & Resort to Report 2024 FIRST Quarter Results AFTER MARKET CLOSE on APRIL 17April 10, 2024 | globenewswire.comMonarch Casino & Resort to Report 2024 FIRST Quarter Results AFTER MARKET CLOSE on APRIL 17April 2, 2024 | msn.comGenius Sports is called the best small-cap bet on online sports betting growthApril 2, 2024 | seekingalpha.comMonarch Casino & Resort: Stable Profitability With Acceptable MarginsMarch 22, 2024 | finance.yahoo.comWhy We Like The Returns At Monarch Casino & Resort (NASDAQ:MCRI)March 19, 2024 | money.usnews.comMonarch Casino & Resort, Inc.March 9, 2024 | morningstar.comMonarch Casino & Resort IncFebruary 28, 2024 | msn.comMonarch Casino & Resort goes ex dividend tomorrowFebruary 16, 2024 | finanznachrichten.deMonarch Casino & Resort, Inc.: Monarch Casino & Resort Reports 2023 Fourth Quarter Financial ResultsFebruary 15, 2024 | wsj.comMonarch Casino & Resort Inc.February 14, 2024 | msn.comStay Ahead of the Game With Monarch Casino (MCRI) Q4 Earnings: Wall Street's Insights on Key MetricsFebruary 14, 2024 | finance.yahoo.comHere's What Key Metrics Tell Us About Monarch Casino (MCRI) Q4 EarningsFebruary 14, 2024 | benzinga.comMonarch Casino & Resort: Q4 Earnings InsightsFebruary 14, 2024 | finance.yahoo.comMonarch Casino & Resort Reports 2023 Fourth Quarter Financial ResultsFebruary 14, 2024 | finance.yahoo.comMonarch (NASDAQ:MCRI) Posts Better-Than-Expected Sales In Q4February 14, 2024 | finance.yahoo.comMonarch Casino & Resort Inc Reports Mixed Q4 Results Amidst Expansion and Legal ChallengesSee More Headlines Receive MCRI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Monarch Casino & Resort and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/14/2024Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Today4/18/2024Next Earnings (Estimated)7/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Hotels & motels Sub-IndustryCasinos & Gaming Current SymbolNASDAQ:MCRI CUSIP60902710 CIK907242 Webwww.monarchcasino.com Phone(775) 335-4600Fax775-332-9171Employees2,900Year FoundedN/APrice Target and Rating Average Stock Price Target$73.33 High Stock Price Target$76.00 Low Stock Price Target$70.00 Potential Upside/Downside+10.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.20 Trailing P/E Ratio15.84 Forward P/E Ratio14.62 P/E GrowthN/ANet Income$82.45 million Net Margins16.44% Pretax Margin21.64% Return on Equity17.41% Return on Assets12.76% Debt Debt-to-Equity Ratio0.01 Current Ratio0.61 Quick Ratio0.55 Sales & Book Value Annual Sales$501.48 million Price / Sales2.50 Cash Flow$6.59 per share Price / Cash Flow10.10 Book Value$26.91 per share Price / Book2.47Miscellaneous Outstanding Shares18,830,000Free Float14,205,000Market Cap$1.25 billion OptionableOptionable Beta1.66 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. John Farahi (Age 76)Co-Chairman, CEO & Secretary Comp: $922.39kMr. Bahram Farahi (Age 73)Co-Chairman & President Comp: $303.01kMr. Edwin S. Koenig (Age 56)Chief Accounting Officer Comp: $240.95kMs. Michelle Shriver (Age 55)Corporate Vice President of Operations Ms. Darlyne Sullivan (Age 69)Chief Product & Service Officer Comp: $208.88kMr. Richard L. Cooley (Age 77)Vice President of Finance and Treasurer Comp: $217.65kMore ExecutivesKey CompetitorsFull House ResortsNASDAQ:FLLPENN EntertainmentNASDAQ:PENNPlaya Hotels & ResortsNASDAQ:PLYAAtour LifestyleNASDAQ:ATATCentury CasinosNASDAQ:CNTYView All CompetitorsInsiders & InstitutionsTributary Capital Management LLCSold 1,220 shares on 4/18/2024Ownership: 1.464%Diversified Trust CoBought 2,713 shares on 4/18/2024Ownership: 0.014%Annex Advisory Services LLCBought 1,189 shares on 4/12/2024Ownership: 0.074%PNC Financial Services Group Inc.Sold 972 shares on 3/22/2024Ownership: 0.033%Vanguard Group Inc.Bought 33,849 shares on 3/11/2024Ownership: 5.583%View All Insider TransactionsView All Institutional Transactions MCRI Stock Analysis - Frequently Asked Questions Should I buy or sell Monarch Casino & Resort stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monarch Casino & Resort in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MCRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MCRI, but not buy additional shares or sell existing shares. View MCRI analyst ratings or view top-rated stocks. What is Monarch Casino & Resort's stock price target for 2024? 3 Wall Street research analysts have issued 1-year price targets for Monarch Casino & Resort's stock. Their MCRI share price targets range from $70.00 to $76.00. On average, they anticipate the company's stock price to reach $73.33 in the next year. This suggests a possible upside of 10.2% from the stock's current price. View analysts price targets for MCRI or view top-rated stocks among Wall Street analysts. How have MCRI shares performed in 2024? Monarch Casino & Resort's stock was trading at $69.15 at the start of the year. Since then, MCRI shares have decreased by 3.8% and is now trading at $66.54. View the best growth stocks for 2024 here. When is Monarch Casino & Resort's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024. View our MCRI earnings forecast. How were Monarch Casino & Resort's earnings last quarter? Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced its quarterly earnings results on Wednesday, February, 14th. The company reported $0.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by $0.11. The company had revenue of $128.19 million for the quarter, compared to the consensus estimate of $119.33 million. Monarch Casino & Resort had a net margin of 16.40% and a trailing twelve-month return on equity of 17.22%. Is Monarch Casino & Resort a good dividend stock? Monarch Casino & Resort (NASDAQ:MCRI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.72%. The dividend payout ratio is 28.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MCRI will have a dividend payout ratio of 25.59% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MCRI. What ETFs hold Monarch Casino & Resort's stock? ETFs with the largest weight of Monarch Casino & Resort (NASDAQ:MCRI) stock in their portfolio include B.A.D. Etf (BAD), AdvisorShares Hotel ETF (BEDZ), Roundhill Acquirers Deep Value ETF (DEEP), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Invesco S&P SmallCap Low Volatility ETF (XSLV) and Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG).First Trust Small Cap US Equity Select ETF (RNSC). What is John Farahi's approval rating as Monarch Casino & Resort's CEO? 10 employees have rated Monarch Casino & Resort Chief Executive Officer John Farahi on Glassdoor.com. John Farahi has an approval rating of 8% among the company'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). Who are Monarch Casino & Resort's major shareholders? Monarch Casino & Resort's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (1.46%), Annex Advisory Services LLC (0.07%) and Diversified Trust Co (0.01%). Insiders that own company stock include Bob Farahi and David-Jacques Farahi. View institutional ownership trends. How do I buy shares of Monarch Casino & Resort? Shares of MCRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:MCRI) was last updated on 4/19/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingBiden’s $374B Giveaway Into This SectorDTIThe “Perfect Storm” for GoldGold Safe ExchangeForget Bitcoin. 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