Monarch Casino & Resort (MCRI)
NASDAQ:MCRI
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Monarch Casino & Resort
(NASDAQ:MCRI)
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Rating:78Outperform
Price Target:
$108.00
▲(9.23% Upside)
Action:ReiteratedDate:02/24/26
The score is driven primarily by strong financial quality (high and improving profitability, very conservative leverage, and robust free cash flow). Corporate events further support the outlook via record results and ongoing shareholder returns. Offsetting factors are neutral technicals (range-bound trading signals) and a valuation that looks fair rather than clearly discounted.
Positive Factors
High & improving profitability
Monarch's trailing margins (gross ~53%, operating ~25%, net ~19%) and improved ROE reflect durable operational efficiency across casino and F&B. High margins underpin internal funding for reinvestment and dividends, and provide resilience to regional visitation swings over the medium term.
Negative Factors
Modest revenue growth
Top-line growth is limited, implying future profitability gains may rely more on margin expansion than volume. Slow revenue trends constrain long-term scale advantages, reduce leverage potential on fixed costs, and limit the runway for sustained earnings growth absent expansion or new revenue streams.
Read all positive and negative factors
Positive Factors
Negative Factors
High & improving profitability
Monarch's trailing margins (gross ~53%, operating ~25%, net ~19%) and improved ROE reflect durable operational efficiency across casino and F&B. High margins underpin internal funding for reinvestment and dividends, and provide resilience to regional visitation swings over the medium term.
Read all positive factors
Monarch Casino & Resort (MCRI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.76B
Dividend Yield1.22%
Average Volume (3M)89.68K
Price to Earnings (P/E)17.3
Beta (1Y)0.63
Revenue Growth4.61%
EPS Growth22.90%
CountryUS
Employees2,900
SectorConsumer Cyclical
Sector Strength84
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)1.25
Shares Outstanding17,886,120
10 Day Avg. Volume105,440
30 Day Avg. Volume89,676
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)3.26
Price to Sales (P/S)3.21
P/FCF Ratio13.63
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue3.08
Enterprise Value/Gross Profit5.82
Enterprise Value/Ebitda9.15
Forecast
1Y Price Target
$103.33Price Target Upside4.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)5.88
Revenue Forecast (FY)$564.03M
Monarch Casino & Resort Business Overview & Revenue Model
Company Description
Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. As ...
How the Company Makes Money
Monarch Casino & Resort generates revenue primarily through its gaming operations, which include slot machines, table games, and sports betting. The casino segment represents a significant portion of the company's earnings. Additionally, MCRI earn...
Monarch Casino & Resort Key Performance Indicators (KPIs)
Monarch Casino & Resort Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
92
Very Positive
Cash Flow
82
Very Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 545.13M | 522.19M | 501.48M | 477.87M | 395.38M |
| Gross Profit | 246.03M | 280.82M | 269.18M | 259.59M | 217.66M |
| EBITDA | 185.82M | 143.86M | 157.45M | 154.88M | 128.29M |
| Net Income | 101.39M | 72.77M | 82.45M | 87.48M | 68.49M |
Balance Sheet | |||||
| Total Assets | 712.85M | 691.58M | 680.87M | 692.94M | 690.46M |
| Cash, Cash Equivalents and Short-Term Investments | 96.47M | 58.76M | 43.36M | 38.78M | 33.53M |
| Total Debt | 25.58M | 14.06M | 20.42M | 20.56M | 102.39M |
| Total Liabilities | 175.18M | 173.84M | 167.73M | 153.99M | 242.44M |
| Stockholders Equity | 537.67M | 517.75M | 513.14M | 538.95M | 448.01M |
Cash Flow | |||||
| Free Cash Flow | 128.43M | 93.28M | 124.04M | 100.29M | 81.17M |
| Operating Cash Flow | 164.75M | 140.71M | 173.05M | 139.77M | 128.10M |
| Investing Cash Flow | -37.17M | -43.79M | -51.23M | -47.97M | -37.79M |
| Financing Cash Flow | -89.87M | -81.53M | -117.24M | -86.54M | -85.10M |
Monarch Casino & Resort Technical Analysis
Positive
98.87
Price Trends
96.48
Positive
95.70
Positive
96.55
Positive
Market Momentum
0.42
Negative
54.14
Neutral
68.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MCRI, the sentiment is Positive. The current price of 98.87 is above the 20-day moving average (MA) of 97.50, above the 50-day MA of 96.48, and above the 200-day MA of 96.55, indicating a bullish trend. The MACD of 0.42 indicates Negative momentum. The RSI at 54.14 is Neutral, neither overbought nor oversold. The STOCH value of 68.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MCRI.
Monarch Casino & Resort Risk Analysis
Monarch Casino & Resort disclosed 34 risk factors in its most recent earnings report. Monarch Casino & Resort reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Monarch Casino & Resort Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $1.76B | 17.27 | 18.68% | 1.22% | 4.61% | 22.90% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | $89.73M | -2.34 | -233.17% | ― | 7.45% | 5.03% | |
50 Neutral | $2.04B | -2.53 | -34.58% | ― | 8.24% | -77.54% | |
49 Neutral | $737.85M | ― | -1.37% | 3.71% | -12.25% | -84.89% | |
47 Neutral | $42.94M | -0.54 | 155.17% | ― | -1.57% | -80.41% | |
47 Neutral | $524.18M | -1.43 | -116.69% | ― | 0.36% | 47.55% |
* Consumer Cyclical Sector Average
MCRI
Monarch Casino & Resort
97.96
24.89
34.07%
CNTY
Century Casinos
1.48
0.13
9.63%
FLL
Full House Resorts
2.48
-0.56
-18.42%
PENN
PENN Entertainment
15.29
1.00
7.00%
GDEN
Golden Entertainment
28.16
3.95
16.31%
BALY
Bally's Corporation
10.92
-4.21
-27.83%
Monarch Casino & Resort Corporate Events
Business Operations and StrategyStock BuybackDividendsFinancial DisclosuresLegal Proceedings
Monarch Casino Reports Record 2025 Results, Declares Dividend
Positive
Feb 4, 2026
On February 4, 2026, Monarch Casino Resort reported record financial results for the fourth quarter and full year ended December 31, 2025, with net revenue up 4.1% in the quarter and 4.4% for the year, and adjusted EBITDA rising 9.6% and 10.4%, r...
Executive/Board Changes
Monarch Casino appoints new independent director to board
Positive
Dec 19, 2025
On December 17, 2025, Monarch Casino Resort, Inc. announced that director Yvette E. Landau will resign from the board and from its Compensation and Audit committees, effective January 1, 2026, with the company emphasizing that her departure does ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.