NASDAQ:MCRI Monarch Casino & Resort (MCRI) Stock Price, News & Analysis $75.22 -0.21 (-0.28%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$74.70▼$75.8650-Day Range$66.28▼$78.5852-Week Range$56.25▼$80.22Volume58,235 shsAverage Volume121,048 shsMarket Capitalization$1.41 billionP/E Ratio17.78Dividend Yield1.60%Price Target$73.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Monarch Casino & Resort alerts: Email Address Monarch Casino & Resort MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside2.1% Downside$73.67 Price TargetShort InterestHealthy1.63% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.80Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$136,000 Sold Last QuarterProj. Earnings Growth6.93%From $4.62 to $4.94 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.3.37 out of 5 starsConsumer Discretionary Sector119th out of 269 stocksHotels & Motels Industry19th out of 27 stocks 1.0 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.Read more about Monarch Casino & Resort's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.63% 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 1.6, 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 22.94%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMonarch Casino & Resort pays a meaningful dividend of 1.59%, 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 24.29% next year. This indicates that Monarch Casino & Resort will be able to sustain or increase its dividend.Read more about Monarch Casino & Resort's 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 1.9 News and Social Media Coverage News SentimentMonarch Casino & Resort has a news sentiment score of 0.33. 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 0.60 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 1 news article for Monarch Casino & Resort this week, compared to 2 articles on an average week.Search Interest1 people have searched for MCRI on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added Monarch Casino & Resort to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Monarch Casino & Resort insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $136,000.00 in company stock.Percentage Held by Insiders24.94% 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.Read more about Monarch Casino & Resort's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Monarch Casino & Resort are expected to grow by 6.93% in the coming year, from $4.62 to $4.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Monarch Casino & Resort is 17.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Monarch Casino & Resort is 17.78, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.53.Price to Book Value per Share RatioMonarch Casino & Resort has a P/B Ratio of 2.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Monarch Casino & Resort's valuation and earnings. 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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 HeadlinesSeptember 6 at 8:46 AM | theglobeandmail.comCasino Operator Stocks Q2 Recap: Benchmarking Monarch (NASDAQ:MCRI)August 30, 2024 | finance.yahoo.comReturns On Capital Are A Standout For Monarch Casino & Resort (NASDAQ:MCRI)September 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 21, 2024 | globenewswire.comSpa Monarch jumps two spots to #2 best spa in the nation, as voted on by USA Today readersAugust 13, 2024 | finance.yahoo.comMonarch Casino & Resort, Inc.'s (NASDAQ:MCRI) Stock Has Fared Decently: Is the Market Following Strong Financials?August 5, 2024 | prnewswire.comIGT Partners with Monarch Casino & Resort Inc. for Sports Betting Expansion in Nevada and ColoradoJuly 28, 2024 | finance.yahoo.comMonarch Casino & Resort (NASDAQ:MCRI) Has Announced A Dividend Of $0.30July 25, 2024 | finanznachrichten.deMonarch Casino & Resort, Inc.: Monarch Casino & Resort Reports Record Second Quarter 2024 Financial ResultsSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.July 25, 2024 | finance.yahoo.comMonarch (NASDAQ:MCRI) Posts Better-Than-Expected Sales In Q2July 24, 2024 | globenewswire.comMonarch Casino & Resort Reports Record Second Quarter 2024 Financial ResultsJuly 23, 2024 | finance.yahoo.comEarnings To Watch: Monarch (MCRI) Reports Q2 Results TomorrowJuly 15, 2024 | globenewswire.comMonarch Casino Resort Spa's “Spa Monarch” Nominated for USA Today's 10Best Readers' Choice Travel AwardsJuly 12, 2024 | globenewswire.comMonarch Casino & Resort to Report 2024 Second Quarter Results After Market Close on July 24May 27, 2024 | finance.yahoo.comMonarch Casino & Resort's (NASDAQ:MCRI) investors will be pleased with their decent 69% return over the last five yearsMay 10, 2024 | finance.yahoo.comMonarch Casino & Resort First Quarter 2024 Earnings: EPS Misses ExpectationsApril 23, 2024 | msn.comMonarch Casino & Resort (NASDAQ:MCRI): ‘Steady Eddy’ Stock with Upside PotentialApril 23, 2024 | finance.yahoo.comMonarch Casino & Resort (NASDAQ:MCRI) Has Affirmed Its Dividend Of $0.30See 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 Ex-Dividend for 6/15 Dividend5/31/2024Dividend Payable6/15/2024Last Earnings7/24/2024Ex-Dividend for 9/15 Dividend8/30/2024Today9/07/2024Dividend Payable9/15/2024Next Earnings (Estimated)10/16/2024Fiscal 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$73.67 High Stock Price Target$76.00 Low Stock Price Target$70.00 Potential Upside/Downside-2.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.23 Trailing P/E Ratio17.78 Forward P/E Ratio16.28 P/E GrowthN/ANet Income$82.45 million Net Margins16.31% Pretax Margin21.56% Return on Equity17.05% Return on Assets12.80% Debt Debt-to-Equity RatioN/A Current Ratio0.45 Quick Ratio0.39 Sales & Book Value Annual Sales$510.95 million Price / Sales2.76 Cash Flow$6.91 per share Price / Cash Flow10.89 Book Value$27.01 per share Price / Book2.78Miscellaneous Outstanding Shares18,735,000Free Float14,062,000Market Cap$1.41 billion OptionableOptionable Beta1.73 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. John Farahi (Age 76)Co-Chairman, CEO & Secretary Comp: $906.77kMr. Bahram Farahi (Age 73)Co-Chairman & President Comp: $306.54kMr. Edwin S. Koenig (Age 56)Chief Accounting Officer Comp: $232.59kMs. 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 CompetitorsRed Lion HotelsNYSE:RLHInternational Game TechnologyNYSE:IGTPENN EntertainmentNASDAQ:PENNLas Vegas SandsNYSE:LVSMGM Resorts InternationalNYSE:MGMView All CompetitorsInsiders & InstitutionsMillennium Management LLCBought 67,833 shares on 8/15/2024Ownership: 0.458%AQR Capital Management LLCSold 26,015 shares on 8/15/2024Ownership: 0.322%Public Sector Pension Investment BoardBought 1,124 shares on 8/14/2024Ownership: 0.154%Squarepoint Ops LLCBought 7,578 shares on 8/14/2024Ownership: 0.040%Marshall Wace LLPBought 4,374 shares on 8/14/2024Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions MCRI Stock Analysis - Frequently Asked Questions How have MCRI shares performed this year? Monarch Casino & Resort's stock was trading at $69.15 on January 1st, 2024. Since then, MCRI stock has increased by 8.8% and is now trading at $75.22. View the best growth stocks for 2024 here. How were Monarch Casino & Resort's earnings last quarter? Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced its quarterly earnings data on Wednesday, July, 24th. The company reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $1.11 by $0.08. The company had revenue of $128.14 million for the quarter, compared to analysts' expectations of $126.03 million. Monarch Casino & Resort had a net margin of 16.31% and a trailing twelve-month return on equity of 17.05%. 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. Who are Monarch Casino & Resort's major shareholders? Monarch Casino & Resort's top institutional investors include American Century Companies Inc. (1.67%), Tributary Capital Management LLC (1.48%), Bank of New York Mellon Corp (0.95%) and Dimensional Fund Advisors LP (0.94%). Insiders that own company stock include Bob Farahi and John 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. What other stocks do shareholders of Monarch Casino & Resort own? Based on aggregate information from My MarketBeat watchlists, some other companies that Monarch Casino & Resort investors own include Hawkins (HWKN), NVIDIA (NVDA), Micron Technology (MU), Sorrento Therapeutics (SRNE), Taiwan Semiconductor Manufacturing (TSM), Applied Materials (AMAT) and Gilead Sciences (GILD). This page (NASDAQ:MCRI) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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