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Monarch Casino and Resort Inc

Monarch Casino and Resort Inc (MCRI)

66.91
-0.55
( -0.82% )
Updated: 11:03:47

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Key stats and details

Current Price
66.91
Bid
66.81
Ask
66.96
Volume
18,013
66.00 Day's Range 67.25
56.25 52 Week Range 75.40
Market Cap
Previous Close
67.46
Open
67.07
Last Trade
8
@
66.98
Last Trade Time
11:03:28
Financial Volume
$ 1,204,422
VWAP
66.8641
Average Volume (3m)
103,872
Shares Outstanding
18,973,479
Dividend Yield
1.79%
PE Ratio
15.25
Earnings Per Share (EPS)
4.35
Revenue
501.48M
Net Profit
82.45M

About Monarch Casino and Resort Inc

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 f... 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. Show more

Sector
Hotels And Motels
Industry
Misc Amusement & Rec Service
Headquarters
Reno, Nevada, USA
Founded
2010
Monarch Casino and Resort Inc is listed in the Hotels And Motels sector of the NASDAQ with ticker MCRI. The last closing price for Monarch Casino and Resort was $67.46. Over the last year, Monarch Casino and Resort shares have traded in a share price range of $ 56.25 to $ 75.40.

Monarch Casino and Resort currently has 18,973,479 shares outstanding. The market capitalization of Monarch Casino and Resort is $1.26 billion. Monarch Casino and Resort has a price to earnings ratio (PE ratio) of 15.25.

MCRI Latest News

Monarch Casino & Resort Reports Record First Quarter 2024 Financial Results

RENO, Nev., April 17, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch,” “we,” “our,” or “the Company”) today reported operating results for the first quarter...

Monarch Casino & Resort to Report 2024 FIRST Quarter Results AFTER MARKET CLOSE on APRIL 17

RENO, Nev., April 10, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2024 first quarter financial results after the market...

Monarch Casino & Resort Reports 2023 Fourth Quarter Financial Results

RENO, Nev., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the fourth quarter ended December...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.440.66195276064466.4767.9865.80513219367.00093758CS
4-0.51-0.75645209136867.4267.9864.5811293766.56206507CS
12-6.62-9.0031279749873.5375.464.510387268.5560314CS
26-0.35-0.52036871840667.2675.464.511187668.97519832CS
52-2.39-3.4487734487769.375.456.259624567.56168558CS
156-4.88-6.7976041231471.7994.2654.018796469.72185248CS
26024.0656.149358226442.8594.2612.839051759.60031574CS

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MCRI Discussion

View Posts
wiltonio wiltonio 7 years ago
Park West Asset Management LLC has filed a new 13G, reporting 5.2% ownership in $MCRI - https://fintel.io/so/us/mcri
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protagonist12 protagonist12 9 years ago
MCRI is this start of another run similar to the one it had back in October?

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rayinbrooklyn65 rayinbrooklyn65 10 years ago
Weekly Chart: MCRI -- Monday, May 26, 2014

This gives the investor a longer history of the stock's performance.

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Cbdpotential Cbdpotential 10 years ago
Why is this down? Long term what is most exciting aspect here? Thanks in advance

Love to go long here possibly soon!
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investora2z investora2z 11 years ago
Despite the huge correction over the past one month, the stock has done extremely well on a 52 week basis. It is up more than 90%, and seems to be recovering from the post earnings sell off. The stock has been downgraded by Zacks from an “outperform” rating to a “neutral” rating on Friday. The price target is $20.30 which indicates a 17% upside potential from the market price. Analysts at Thomson Reuters/Verus had also downgraded Monarch from buy to hold recently. The full year earnings per share is expected at $1.09. The valuations are better now and offer an entry opportunity for those who believe in the growth story. The company has only two properties which increases the risk due to lack of diversification. However, as mentioned in a Motley article, the properties are generating cash and do not face as much competition as many of the properties of competitors do. The debt is at manageable levels, and the cash position is also good. On September 30, it had $17.5 million cash and $56 million debt which is reasonable if one factors the revenues and net margins. The Monarch Black Hawk property will be developed into a full-scale resort, and that holds a lot of promise for the company. The industry is capital intensive, and funds are required for creation of facilities and inorganic growth, especially in emerging growth segments. Companies like Caesars (CZR) and MGT Capital Investments (MGT) have acquired companies in the fast growing social casino space. The analyst mentions that 'Monarch is a more nimble, healthier business at the moment, and the earnings multiple may be misleading at this point.' Even the absolute valuations are good, as the stock is trading at 17 times trailing earnings and 14 times forward earnings. The price to sales ratio is 1.48 and the price to book is 1.77.
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investora2z investora2z 11 years ago
The earnings in the last quarter gave a boost to the stock. It has appreciated by nearly 70% after that. On a 52 week basis the stock is up by ~85%. In the last quarter it had reported an EPS of $0.26 which was a 160% growth on a yoy basis. Even the revenues increased by 34% on a yoy basis to $47.64 million. This was much above the analyst estimates of $0.16 for EPS and $46.80 million for revenues. Currently Wells Fargo & Co. has put a market perform rating on the stock. Zacks downgraded it to neutral but has a price target of $18.00. The stock has a consensus buy rating with a price target of $16.88. Even over the years, the fundamentals have improved. Compared with 2011, the revenues increased by 21% to $161 million and the net income also increased by 57% to $8.91 million. The recent rise can be partly attributed to the impact of the acquisition of Riviera Black Hawk Casino in Colorado. The acquisition has tremendous potential for expansion, and can also be converted into a full fledged resort. The valuations are attractive with forward P/E of around 16 and low price to book of 1.84. Debt is a little high at around $71 million and the cash is around $20 million as on March 31. Debt has increased recently mainly due to the acquisition of the Colorado property. Relative to the larger casino companies, MCRI is still better on debt-equity ratio, and has better growth prospects. It has been making profits unlike many bigger companies which are incurring losses. Specifically, Caesars (CZR), Penn National Gaming (PENN), MGM Resorts (MGM) and Scientific Games (SGMS) have the risk of the $4.5 billion patent infringement lawsuit filed by MGT Capital Investments (MGT). A recent article on Seekingalpha is extremely positive on MCRI.
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Bob22701 Bob22701 11 years ago
MCRI - Annual Report (10-k)

10-K Link

GLTA
Bob
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Bob22701 Bob22701 11 years ago
MCRI - Monarch Casino Reports 2012 Fourth Quarter and Full Year Results

News Link

GLTA
Bob
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Bob22701 Bob22701 11 years ago
MCRI - No news. I'm waiting for the next financial report.

GLTA
Bob
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Bob22701 Bob22701 12 years ago
MCRI - Quarterly Report (10-Q)

10-Q Link

GLTA
Bob
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Bob22701 Bob22701 12 years ago
MCRI - Monarch Casino & Resort Reports 2012 Third Quarter Results

News Link

GLTA
Bob
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Bob22701 Bob22701 12 years ago
MCRI - Key Management Appointments Announced by Riviera Black Hawk Casino

News Link

GLTA
Bob
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Bob22701 Bob22701 12 years ago
MCRI - Monarch Casino & Resort Receives Interactive Gaming License

News Link

GLTA
Bob
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Bob22701 Bob22701 12 years ago
Good find. I need to add MCRI to my list this weekend.

GLTA
Bob
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Penny Roger$ Penny Roger$ 12 years ago
~ Monday! $MCRI ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $MCRI ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=MCRI&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=MCRI&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=MCRI
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=MCRI#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=MCRI+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=MCRI
Finviz: http://finviz.com/quote.ashx?t=MCRI
~ BusyStock: http://busystock.com/i.php?s=MCRI&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=MCRI >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
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Penny Roger$ Penny Roger$ 12 years ago
Monarch Casino & Resort, Inc. (Monarch) through its wholly owned subsidiary, Golden Road Motor Inn, Inc. (Golden Road), owns and operates the Atlantis Casino Resort Spa(the Atlantis), a hotel/casino facility in Reno, Nevada. Monarch’s other wholly owned subsidiaries, High Desert Sunshine, Inc. (High Desert) and Golden North, Inc. (Golden North), each own separate parcels of land located adjacent to the Atlantis. Through Golden Road, Monarch owns and operates the Atlantis Casino Resort Spa, which is located three miles south of downtown in the area of Reno, Nevada. The Atlantis features 61,000 square feet of casino space; a hotel and a motor lodge with a combined 824 guest rooms; 10 food outlets; an enclosed year-round pool with waterfall; an outdoor pool; two retail outlets offering clothing and resort gift shop merchandise; a full service salon for men and women; an 8,000 square-foot family entertainment center, and 52,000 square feet of banquet, convention and meeting room space.

http://www.google.com/finance?q=MCRI
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