Monarch Casino & Resort downgraded by Truist with a new price target
$MCRI
Hotels/Resorts
Consumer Discretionary
Truist downgraded Monarch Casino & Resort from Buy to Hold and set a new price target of $65.00 from $90.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 4/21/2022 | $85.00 → $90.00 | Buy → Hold | Jefferies |
RENO, Nev., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Atlantis Casino Resort Spa's Atlantis Steakhouse and Spa Atlantis have earned the prestigious Forbes Travel Guide Four-Star Award, placing them on an exclusive list of properties recognized for luxurious offerings and exceptional guest service. This marks the 10th straight year Spa Atlantis has been honored as a Four-Star Award winner, while Atlantis Steakhouse is a second-time recipient of the industry-respected accolade. Atlantis Casino Resort Spa is the only property in Reno to be recognized by Forbes Travel Guide, the world-renowned authority on excellence in hospitality. "This remarkable achievement illustrates what our incredible team do
RENO, Nev., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch" or "the Company") today reported operating results for the fourth quarter and full year ended December 31, 2024, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended December 31, Twelve Months Ended December 31, 2024 2023 Change 2024 2023 ChangeNet revenue$134,513 $128,186 4.9% $522,186 $501,478 4.1% Net income (1)(2)$25,495 $18,202 40.1% $94,053 $82,448 14.1% Adjusted EBITDA (3)$47,280 $43,003 9.9% $180,394 $170,832 5.6% Basic earnings per share$1.39 $0.94 47.9% $5.05 $4.28 18.0%Diluted earnin
RENO, Nev., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced today that it will release its 2024 fourth quarter financial results after the market closes on Tuesday, February 11, 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 app
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
5 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
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4 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
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 $79.00
Stifel downgraded Monarch Casino & Resort from Buy to Hold
RENO, Nev., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch" or "the Company") today reported operating results for the fourth quarter and full year ended December 31, 2024, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended December 31, Twelve Months Ended December 31, 2024 2023 Change 2024 2023 ChangeNet revenue$134,513 $128,186 4.9% $522,186 $501,478 4.1% Net income (1)(2)$25,495 $18,202 40.1% $94,053 $82,448 14.1% Adjusted EBITDA (3)$47,280 $43,003 9.9% $180,394 $170,832 5.6% Basic earnings per share$1.39 $0.94 47.9% $5.05 $4.28 18.0%Diluted earnin
RENO, Nev., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced today that it will release its 2024 fourth quarter financial results after the market closes on Tuesday, February 11, 2025. About Monarch Casino & Resort, Inc.Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Monarch Casino Resort Spa ("Monarch Black Hawk") in Black Hawk, Colorado, approximately 40 miles west of Denver and the Atlantis Casino Resort Spa ("Atlantis"), a hotel/casino facility in Reno, Nevada. For additional information on Monarch, visit the Company's website at www.monarchcasino.com. Monarch Black Hawk features 516 guest rooms and suites, and app
RENO, Nev., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch" or "the Company") today reported operating results for the third quarter ended September 30, 2024, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 Change 2024 2023 ChangeNet revenue$137,873 $132,965 3.7% $387,673 $373,292 3.9% Net income$27,601 $24,163 14.2% $68,558 $64,246 6.7% Adjusted EBITDA(1)$50,643 $49,221 2.9% $133,114 $127,829 4.1% Basic earnings per share$1.50 $1.26 19.0% $3.67 $3.34 9.9%Diluted earnings per share$1.47 $1.23 19.5% $3.60 $3.27 10
8-K - MONARCH CASINO & RESORT INC (0000907242) (Filer)
8-K - MONARCH CASINO & RESORT INC (0000907242) (Filer)
8-K - MONARCH CASINO & RESORT INC (0000907242) (Filer)