Wells Fargo initiated coverage on Monarch Casino & Resort with a new price target
$MCRI
Hotels/Resorts
Consumer Discretionary
Wells Fargo initiated coverage of Monarch Casino & Resort with a rating of Underweight and set a new price target of $79.00
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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 → $90.00 | Buy → Hold | Jefferies |
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
SC 13G - MONARCH CASINO & RESORT INC (0000907242) (Subject)
RENO, Nev., April 29, 2025 (GLOBE NEWSWIRE) -- Atlantis Casino Resort Spa has been named the No. 1 hotel in Reno by U.S. News & World Report, the global authority in rankings and consumer advice. The publication evaluated more than 31,000 properties across the United States, Europe, Bermuda, Mexico, Canada and the Caribbean for its 15th annual rankings. U.S. News is the only organization to evaluate hotels by taking into account the opinion of published travel experts, industry awards and the overall customer satisfaction expressed in online guest reviews. "We are honored to once again be named the region's leading destination for both leisure and business travelers," said Cheraz Ecker,
RENO, Nev., April 22, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch" or "the Company") today reported operating results for the first quarter ended March 31, 2025, as summarized below: ($ 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
RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced today that it will release its 2025 first quarter financial results after the market closes on Tuesday, April 22, 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 approx
8-K - MONARCH CASINO & RESORT INC (0000907242) (Filer)
DEFA14A - MONARCH CASINO & RESORT INC (0000907242) (Filer)
DEF 14A - MONARCH CASINO & RESORT INC (0000907242) (Filer)
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 $79.00
Stifel downgraded Monarch Casino & Resort from Buy to Hold
5 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
4 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
4 - MONARCH CASINO & RESORT INC (0000907242) (Issuer)
RENO, Nev., April 22, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch" or "the Company") today reported operating results for the first quarter ended March 31, 2025, as summarized below: ($ 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 $0.93 12.9% (1) Definitions, disclosures and reconciliations of non-GAAP financial information are included later in the release.CEO Comment"Monarch delivered strong financial results in the first quart
RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) announced today that it will release its 2025 first quarter financial results after the market closes on Tuesday, April 22, 2025. About Monarch Casino & Resort, Inc.Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Monarch Casino Resort Spa ("Monarch Black Hawk") in Black Hawk, Colorado, approximately 40 miles west of Denver and the Atlantis Casino Resort Spa ("Atlantis"), a hotel/casino facility in Reno, Nevada. For additional information on Monarch, visit the Company's website at www.monarchcasino.com. Monarch Black Hawk features 516 guest rooms and suites, and approx
RENO, Nev., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) ("Monarch" or "the Company") today reported operating results for the fourth quarter and full year ended December 31, 2024, as summarized below: ($ 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