Monarch Casino & Resort downgraded by Stifel with a new price target
$MCRI
Hotels/Resorts
Consumer Discretionary
Stifel downgraded Monarch Casino & Resort from Buy to Hold and set a new price target of $96.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/17/2025 | $89.00 | Underweight → Equal Weight | Wells Fargo |
| 1/14/2025 | $82.00 → $100.00 | Hold → Buy | Truist |
| 12/16/2024 | $79.00 | Underweight | Wells Fargo |
| 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 | $96.00 | Buy → Hold | Stifel |
10-Q - MONARCH CASINO & RESORT INC (0000907242) (Filer)
8-K - MONARCH CASINO & RESORT INC (0000907242) (Filer)
8-K - MONARCH CASINO & RESORT INC (0000907242) (Filer)
RENO, Nev., July 16, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch" or "the Company") today reported operating results for the second quarter ended June 30, 2025, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 Increase 2025 2024 IncreaseNet revenue$136,914 $128,143 6.8% $262,308 $249,800 5.0% Net income 27,008 22,682 19.1% 46,872 40,957 14.4% Adjusted EBITDA(1)$51,289 $43,923 16.8% $92,420 $82,471 12.1% Basic EPS$1.47 $1.21 21.5% $2.55 $2.16 18.1%Diluted EPS$1.44 $1.19 21.0% $2.50 $2.12 1
Denver, CO, July 14, 2025 (GLOBE NEWSWIRE) -- For the third consecutive year, Spa Monarch has been nominated as one of the nation's top destinations in the USA TODAY 10Best Readers' Choice Awards, under the Best Hotel Spa category. This year, it carries another special distinction: it is the only hotel spa in Colorado to make the national list. Following a #4 finish in 2023 and a leap to #2 in 2024, Spa Monarch continues to elevate its luxury wellness and climb in the 10Best overall rankings. What set Monarch apart this year? Another layer to Spa Monarch's already elegant menu was carefully crafted, featuring a blend of Ayurvedic-inspired therapies and high-altitude recovery treatments,
RENO, Nev., July 07, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced today that it will release its 2025 second quarter financial results after the market closes on Wednesday, July 16, 2025. About Monarch Casino & Resort, Inc.Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Monarch Casino Resort Spa ("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 516 guest rooms and suites, and appro
4 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
4 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
4 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
Wells Fargo upgraded Monarch Casino & Resort from Underweight to Equal Weight and set a new price target of $89.00
Truist upgraded Monarch Casino & Resort from Hold to Buy and set a new price target of $100.00 from $82.00 previously
Wells Fargo initiated coverage of Monarch Casino & Resort with a rating of Underweight and set a new price target of $79.00
RENO, Nev., July 16, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch" or "the Company") today reported operating results for the second quarter ended June 30, 2025, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 Increase 2025 2024 IncreaseNet revenue$136,914 $128,143 6.8% $262,308 $249,800 5.0% Net income 27,008 22,682 19.1% 46,872 40,957 14.4% Adjusted EBITDA(1)$51,289 $43,923 16.8% $92,420 $82,471 12.1% Basic EPS$1.47 $1.21 21.5% $2.55 $2.16 18.1%Diluted EPS$1.44 $1.19 21.0% $2.50 $2.12 1
RENO, Nev., July 07, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced today that it will release its 2025 second quarter financial results after the market closes on Wednesday, July 16, 2025. About Monarch Casino & Resort, Inc.Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Monarch Casino Resort Spa ("Monarch Black Hawk") in Black Hawk, Colorado, approximately 40 miles west of Denver and the Atlantis Casino Resort Spa ("Atlantis"), a hotel/casino facility in Reno, Nevada. For additional information on Monarch, visit the Company's website at www.monarchcasino.com. Monarch Black Hawk features 516 guest rooms and suites, and appro
RENO, Nev., April 22, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch" or "the Company") today reported operating results for the first quarter ended March 31, 2025, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended March 31, 2025 2024 IncreaseNet revenue $125,394 $121,657 3.1%Net income $19,864 $18,275 8.7%Adjusted EBITDA (1) 41,131 38,548 6.7% Basic EPS $1.08 $0.95 13.7%Diluted EPS $1.05 $0.93 12.9% (1) Definitions, disclosures and reconciliations of non-GAAP financial information are included later in the release.CEO Comment"Monarch delivered strong financial results in the first quart
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)