Spa Monarch Recognition: Spa Monarch at Monarch Casino Resort Spa has been voted the #2 hotel spa in the nation by USA Today readers, improving from a 4th place finish in 2023, thanks to its exceptional treatments and amenities.
Luxurious Experience: Located in the Rockies, Spa Monarch offers a range of luxurious services and facilities designed for relaxation and rejuvenation, solidifying its status as a premier destination for visitors.
MCRI
$99.1+Infinity%1D
Analyst Views on MCRI
Wall Street analysts forecast MCRI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MCRI is 102.67 USD with a low forecast of 91.00 USD and a high forecast of 120.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast MCRI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MCRI is 102.67 USD with a low forecast of 91.00 USD and a high forecast of 120.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 100.130
Low
91.00
Averages
102.67
High
120.00
Current: 100.130
Low
91.00
Averages
102.67
High
120.00
Stifel
Hold
maintain
$92 -> $97
2025-10-22
Reason
Stifel
Price Target
$92 -> $97
2025-10-22
maintain
Hold
Reason
Stifel raised the firm's price target on Monarch Casino to $97 from $92 and keeps a Hold rating on the shares. Results and commentary suggest sequential moderation in Reno following an "impressive" Q2, says the analyst, whose checks also indicate demand in both Reno and BH softened slightly in September. Macro uncertainty and a lack of near-term catalysts keep the firm on the sidelines for now, the analyst noted.
CBRE
NULL -> Buy
initiated
$125
2025-09-30
Reason
CBRE
Price Target
$125
2025-09-30
initiated
NULL -> Buy
Reason
CBRE initiated coverage of Monarch Casino with a Buy rating and $125 price target.
Stifel
Jeffrey Stantial
Hold
maintain
$81 -> $92
2025-07-17
Reason
Stifel
Jeffrey Stantial
Price Target
$81 -> $92
2025-07-17
maintain
Hold
Reason
Stifel analyst Jeffrey Stantial raised the firm's price target on Monarch Casino to $92 from $81 and keeps a Hold rating on the shares after the company reported an "impressive" 15% adjusted EBITDA beat in Q2. While some upside may have been expected given improving regional trends, the magnitude of the beat "comes as a surprise and we sense primarily reflects stronger than anticipated initial demand for renovated Atlantis rooms," the analyst tells investors in a post-earnings note. After the quarterly report, the firm's 2025 and 2026 adjusted EBITDA forecasts move 5% higher, the analyst added.
Truist
Buy
maintain
$105 -> $120
2025-07-17
Reason
Truist
Price Target
$105 -> $120
2025-07-17
maintain
Buy
Reason
Truist raised the firm's price target on Monarch Casino to $120 from $105 and keeps a Buy rating on the shares. The company posted a strong Q2 EBITDA beat, riding the regional wave which has been trending strong quarter-to-date, the analyst tells investors in a research note. While the macro/tariff noise remains, Monarch management has still not seen any actual impact with its mid-upper end customer resilient, the firm added.
About MCRI
Monarch Casino & Resort, Inc. owns and operates the Monarch Casino Resort Spa Black Hawk (Monarch Black Hawk) in Black Hawk, Colorado, and the Atlantis Casino Resort Spa (Atlantis), a hotel/casino facility in Reno, Nevada. The 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. 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. 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.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
