Monarch Casino & ResortMCRI
MCRI
About: Monarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.
Employees: 2,900
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
5,050% more call options, than puts
Call options by funds: $412K | Put options by funds: $8K
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
18% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 72
1% more funds holding
Funds holding: 210 [Q4 2024] → 213 (+3) [Q1 2025]
0.24% more ownership
Funds ownership: 64.44% [Q4 2024] → 64.68% (+0.24%) [Q1 2025]
1% less capital invested
Capital invested by funds: $935M [Q4 2024] → $929M (-$5.34M) [Q1 2025]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$81
2%
downside
Avg. target
$91
10%
upside
High target
$100
21%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Macquarie Chad Beynon | 11%upside $92 | Neutral Maintained | 23 Apr 2025 |
Stifel Jeffrey Stantial | 2%downside $81 | Hold Maintained | 23 Apr 2025 |
Truist Securities Barry Jonas | 21%upside $100 | Buy Maintained | 23 Apr 2025 |
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
Monarch Casino: Rolls A Double Beat And Keeps Gaining Share
Monarch Casino delivered a strong Q1 FY2025, gaining market share despite flat or declining regional gaming revenues and temporary renovation disruptions. The company's pristine balance sheet, no long-term debt, and robust free cash flow support continued dividends and buybacks, enhancing total shareholder return. With a $95 price target, I see 13.5% upside; including dividends and buybacks, total return could reach 16–17%, justifying a continued 'Buy' rating.
Positive
CNBC
3 weeks ago
Personal finance app Monarch raises $75 million despite 'nuclear winter' for fintech startups
The personal finance startup Monarch has raised $75 million to accelerate subscriber growth that took off last year when budgeting tool Mint was shut down, CNBC has learned. The fundraising is among the largest for an American consumer fintech startup this year and values the San Francisco-based company at $850 million, according to co-founder Val Agostino.
Neutral
GlobeNewsWire
1 month ago
Atlantis named #1 in Reno by U.S. News & World Report
RENO, Nev., April 29, 2025 (GLOBE NEWSWIRE) -- Atlantis Casino Resort Spa has been named the No. 1 hotel in Reno by U.S. News & World Report, the global authority in rankings and consumer advice.
Neutral
Zacks Investment Research
1 month ago
Here's What Key Metrics Tell Us About Monarch Casino (MCRI) Q1 Earnings
While the top- and bottom-line numbers for Monarch Casino (MCRI) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
Monarch Casino (MCRI) Q1 Earnings and Revenues Beat Estimates
Monarch Casino (MCRI) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.93 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Monarch Casino & Resort Reports Record First Quarter 2025 Financial Results
RENO, Nev., April 22, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the first quarter ended March 31, 2025, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended March 31, 2025 2024 Increase Net revenue $ 125,394 $ 121,657 3.1% Net income $ 19,864 $ 18,275 8.7% Adjusted EBITDA (1) 41,131 38,548 6.7% Basic EPS $ 1.08 $ 0.95 13.7% Diluted EPS $ 1.05 $ 0.93 12.9% (1) Definitions, disclosures and reconciliations of non-GAAP financial information are included later in the release. CEO Comment “Monarch delivered strong financial results in the first quarter.
Neutral
GlobeNewsWire
2 months ago
Monarch Casino & Resort to Report 2025 First Quarter Results After Market Close on April 22
RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2025 first quarter financial results after the market closes on Tuesday, April 22, 2025.
Positive
Seeking Alpha
2 months ago
Monarch Casino: Still The Hidden Gem Outside Vegas
Monarch Casino & Resort has shown strong financial performance with a 4.1% increase in top-line sales and a 5.5% rise in EBITDA in FY 2024. The company has successfully expanded and renovated its Black Hawk property, enhancing its competitive position and boosting occupancy and ADR rates. Monarch's solid financial health, zero long-term debt, and consistent cash flow enable continued shareholder returns through buybacks and dividends.
Neutral
GlobeNewsWire
3 months ago
Monarch Casino & Resort Reports Adjustments to 2024 Fourth Quarter and Full Year Financial Results
RENO, Nev., March 03, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) ("Monarch" or "the Company") reported on an SEC Form 8-K filed on February 18, 2025, that the District Court, City and County of Denver, Colorado (“Court”), issued its decision in the litigation between Monarch and PCL Construction Services, Inc. (“PCL”). The Court awarded damages in favor of PCL of $74,772,551 and awarded $144,894 to Monarch for its counterclaims against PCL. The Court entered a single judgment in the amount of the net difference between the cross-judgment and awarded PCL a principal judgment amount of $74,627,657 (the “Judgment”).
Neutral
GlobeNewsWire
3 months ago
Monarch honored by Forbes as one of America's most successful small companies
RENO, Nev., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) has been named one of America's most successful small companies by Forbes. Monarch, which through its subsidiaries, owns and operates Atlantis Casino Resort Spa in Reno, Nevada and Monarch Casino Resort Spa in Black Hawk, Colorado, was ranked 79th on Forbes' 2025 list.
Charts implemented using Lightweight Charts™