| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/5/2024 | Buy → Hold | Stifel | |
| 10/19/2023 | $90.00 → $65.00 | Buy → Hold | Truist |
| 1/18/2023 | $82.00 → $81.00 | Outperform → Neutral | Macquarie |
| 10/20/2022 | $70.00 → $77.00 | Hold → Buy | Stifel |
| 4/21/2022 | $96.00 | Buy → Hold | Stifel |
| 4/21/2022 | $85.00 → $90.00 | Buy → Hold | Jefferies |
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
10-Q - MONARCH CASINO & RESORT INC (0000907242) (Filer)
8-K - MONARCH CASINO & RESORT INC (0000907242) (Filer)
8-K - MONARCH CASINO & RESORT INC (0000907242) (Filer)
Denver, CO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Monarch Casino Resort Spa is excited to announce that after four weeks of casting ballots, Spa Monarch has been voted on as the #2 hotel spa in the nation by USA Today readers. After a 4th place finish in the same category in 2023, Spa Monarch rose to the occasion and is celebrating a podium finish in 2024. Each year, spa experts with USA Today's 10Best Readers' Choice Awards leave no stone unturned in search of the nation's most luxurious destinations for the ultimate spa experience. Spa Monarch was selected for its exceptional treatments, world-class amenities, and attentive Team Members, making it an obvious choice for visitors seeking
Atlantis Casino Resort Spa and Monarch Casino Resort Spa are the latest gaming venues to power retail and mobile sports betting with IGT PlaySports technology LONDON, Aug. 5, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) announced today that it expanded its sports betting footprint in Nevada and Colorado through an IGT PlaySports™ technology and services agreement with Monarch Casino & Resort, Inc. (NASDAQ:MCRI). Per the agreement, the award-winning IGT PlaySports platform and trading advisory services are powering retail and mobile sports betting at Atlantis Casino Resort Spa in Reno, Nev. and Monarch Casino Resort Spa in Black Hawk, Colo.
RENO, Nev., July 24, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch," "we," "our," or "the Company") today reported record financial results for the second quarter ended June 30, 2024, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended June 30, Six Months Ended June 30, 2024 2023 Increase 2024 2023 IncreaseNet revenue$128,143 $123,683 3.6% $249,800 $240,327 3.9% Net income 22,682 22,413 1.2% 40,957 40,083 2.2% Adjusted EBITDA(1)$43,923 $42,128 4.3% $82,471 $78,608 4.9% Basic EPS$1.21 $1.16 4.3% $2.16 $2.08 3.8%Diluted EPS$1.19 $1.14 4.4% $2.12 $2.04 3.9%(1)Definitions, disclos
RENO, Nev., July 24, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch," "we," "our," or "the Company") today reported record financial results for the second quarter ended June 30, 2024, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended June 30, Six Months Ended June 30, 2024 2023 Increase 2024 2023 IncreaseNet revenue$128,143 $123,683 3.6% $249,800 $240,327 3.9% Net income 22,682 22,413 1.2% 40,957 40,083 2.2% Adjusted EBITDA(1)$43,923 $42,128 4.3% $82,471 $78,608 4.9% Basic EPS$1.21 $1.16 4.3% $2.16 $2.08 3.8%Diluted EPS$1.19 $1.14 4.4% $2.12 $2.04 3.9%(1)Definitions, disclos
RENO, Nev., July 12, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced today that it will release its 2024 second quarter financial results after the market closes on Wednesday, July 24, 2024. About Monarch Casino & Resort, Inc. Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Monarch Casino Resort Spa Black Hawk ("Monarch Black Hawk") in Black Hawk, Colorado, approximately 40 miles west of Denver and the Atlantis Casino Resort Spa ("Atlantis"), a hotel/casino facility in Reno, Nevada. For additional information on Monarch, visit the Company's website at www.monarchcasino.com. Monarch Black Hawk features approximately 60,000 squ
RENO, Nev., April 17, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch," "we," "our," or "the Company") today reported operating results for the first quarter ended March 31, 2024, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended March 31, 2024 2023 IncreaseNet revenue $121,657 $116,644 4.3% Net income 18,275 17,670 3.4% Adjusted EBITDA (1) $38,548 $36,480 5.7% Basic EPS $0.95 $0.92 3.3% Diluted EPS (1) $0.93 $0.90 3.3% (1) Definitions, disclosures and reconciliations of non-GAAP financial information are included later in the release. CEO Comment John Farahi, Co-Chairman and Chief Execut
Macquarie analyst Chad Beynon maintains Monarch Casino & Resort (NASDAQ:MCRI) with a Neutral and maintains $76 price target.
Truist Securities analyst Barry Jonas maintains Monarch Casino & Resort (NASDAQ:MCRI) with a Hold and raises the price target from $74 to $75.
Monarch Casino & Resort (NASDAQ:MCRI) reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $1.11 by 7.21 percent. The company reported quarterly sales of $128.143 million which beat the analyst consensus estimate of $126.307 million by 1.45 percent. This is a 3.61 percent increase over sales of $123.683 million the same period last year.
4 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
4 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
4 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
Stifel downgraded Monarch Casino & Resort from Buy to Hold
Truist downgraded Monarch Casino & Resort from Buy to Hold and set a new price target of $65.00 from $90.00 previously
Macquarie downgraded Monarch Casino & Resort from Outperform to Neutral and set a new price target of $81.00 from $82.00 previously