MCRI

Monarch Casino & Resort Inc

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Advanced Chart

78.190

+0.020(+0.030%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

78.490

Open

77.550

VWAP

77.87

Vol

102.30K

Mkt Cap

1.44B

Low

76.050

Amount

7.97M

EV/EBITDA(TTM)

7.85

Total Shares

18.74M

1.37B

EV/OCF(TTM)

P/S(TTM)

2.80

Monarch Casino & Resort, Inc. owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada (the Atlantis) and the Monarch Casino Resort Spa Black Hawk (the Monarch Black Hawk), a hotel and casino in Black Hawk, Colorado. 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. 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. Monarch Black Hawk features approximately 60,000 square feet of casino space; approximately 1,100 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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

129.75M

+1.26%

141.11M

+2.35%

137.64M

+2.33%

Estimates Revision

The market is revising Upward the revenue expectations for Monarch Casino & Resort, Inc. (MCRI) for FY2025, with the revenue forecasts being adjusted by 1.21% over the past three months. During the same period, the stock price has changed by -7.83%.

Revenue Estimates for FY2025

Revise Upward

+1.21%

In Past 3 Month

Stock Price

Go Down

-7.83%

In Past 3 Month

4 Analyst Rating

17.34% Upside

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 91.75 USD with a low forecast of 82.00 USD and a high forecast of 105.00 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

1 Sell

Hold

17.34% Upside

Current: 78.190

Low

82.00

Averages

91.75

High

105.00

17.34% Upside

Current: 78.190

Low

82.00

Averages

91.75

High

105.00

Truist Securities

Barry Jonas

Strong Buy

Maintains

$100

2025-04-23

Reason

Truist Securities

Barry Jonas

Price Target

$100

2025-04-23

Maintains

Strong Buy

Reason

Stifel

Jeffrey Stantial

Hold

Maintains

$90 → $81

2025-04-23

Reason

Stifel

Jeffrey Stantial

Price Target

$90 → $81

2025-04-23

Maintains

Hold

Reason

Macquarie

Chad Beynon

Hold

Maintains

$92

2025-04-23

Reason

Macquarie

Chad Beynon

Price Target

$92

2025-04-23

Maintains

Hold

Reason

Truist Securities

Barry Jonas

Hold

Strong Buy

Upgrades

$82 → $100

2025-01-14

Reason

Truist Securities

Barry Jonas

Price Target

$82 → $100

2025-01-14

Upgrades

Hold

Strong Buy

Reason

Truist upgraded Monarch Casino to Buy from Hold with a price target of $100, up from $82. The company's "best-in-class assets" should benefit as Reno renovations complete in Q2 while its "best-in-class" balance sheet puts it in strong positioning for acquisitions, the analyst tells investors in a research note. The firm thinks Monarch Casino "has quality characteristics that resonate with investors." Both its properties are best-in-class with high quality amenities appealing to a relatively higher-end customers within their respective markets, contends Truist.

Jefferies

David Katz

Hold

Maintains

$73 → $88

2025-01-03

Reason

Jefferies

David Katz

Price Target

$73 → $88

2025-01-03

Maintains

Hold

Reason

Jefferies raised the firm's price target on Monarch Casino to $88 from $73 and keeps a Hold rating on the shares. Operating expectations for land-based casinos should remain "mostly unchanged," says the analyst, who believes growth from capital projects and balance sheet strength "win fundamentally." The analyst sees strong demand and constrained supply in 2025-26or Las Vegas and calls regional gaming "still competitive and choppy" with a "few pockets of growth available."

Wells Fargo

Zachary Silverberg

Sell

Initiates

$79

2024-12-16

Reason

Wells Fargo

Zachary Silverberg

Price Target

$79

2024-12-16

Initiates

Sell

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Monarch Casino & Resort Inc (MCRI.O) is 15.42, compared to its 5-year average forward P/E of -3.54. For a more detailed relative valuation and DCF analysis to assess Monarch Casino & Resort Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-3.54

Current PE

15.42

Overvalued PE

109.04

Undervalued PE

-116.12

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

9.93

Current EV/EBITDA

7.43

Overvalued EV/EBITDA

14.47

Undervalued EV/EBITDA

5.38

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.87

Current PS

2.69

Overvalued PS

3.27

Undervalued PS

2.47