Monarch Casino & Resort, Inc. (MCRI)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Monarch Casino & Resort, Inc. (MCRI) trades at $129.94 with AI Score 97/100 (Grade A+). Monarch Casino & Resort, Inc. owns and operates casino resort properties. Market cap: $2.31B, Sector: Consumer cyclical.
Price live · AI analysis from May 9, 2026MCRI stock analysis for 2026: Analysts have set a consensus price target of $112.00 for Monarch Casino & Resort, Inc., suggesting 13.8% downside from the current price of $129.94. The AI MoonshotScore is 97/100, indicating a strong bullish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
MCRI: 3/4 perspectives are bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →Monarch Casino & Resort, Inc. (MCRI) Consumer Business Overview
Monarch Casino & Resort, Inc. operates in the regional casino and resort market, distinguishing itself through its Atlantis Casino Resort Spa in Reno and Monarch Casino Resort Spa Black Hawk. The company focuses on delivering comprehensive gaming, dining, and lodging experiences, capitalizing on regional tourism and gaming demand.
What Is the Investment Thesis for MCRI?
Monarch Casino & Resort presents a compelling investment case due to its strategic positioning in the regional casino market. With a P/E ratio of 20.9 and a profit margin of 19.6%, the company showcases solid profitability. The expansion and upgrade of the Black Hawk property should continue to drive revenue growth. A dividend yield of 1.01% provides a modest income stream. However, investors should monitor the competitive landscape and economic conditions, which could impact consumer spending and gaming revenue. The company's beta of 1.34 indicates higher volatility compared to the market.
Based on FMP financials and quantitative analysis
MCRI Key Highlights
- Market Cap of $2.31B reflects its established presence in the regional casino market.
- P/E Ratio of 20.9 indicates a reasonable valuation relative to earnings.
- Profit Margin of 19.6% demonstrates efficient operations and profitability.
- Gross Margin of 51.6% highlights strong pricing power and cost management.
- Dividend Yield of 1.01% provides a modest return to shareholders.
Who Are MCRI's Competitors?
MCRI is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BYD Boyd Gaming Corporation | $88.42 | +0.59% | $6.57B | 85 |
| VICI VICI Properties | $26.66 | -1.93% | $28.51B | 97 |
| PDSSF Paradise Entertainment Limited | $0.09 | +0.00% | $96.39M | 63 |
| RSI Rush Street Interactive (RSI) | $32.30 | +1.96% | $7.68B | 62 |
| CDRO Codere Online Luxembourg, S.A. | $9.52 | -0.47% | $432.65M | 59 |
| SLNA Selina Hospitality PLC | $0.03 | -20.21% | $16.31M | 59 |
| BVHBB Bluegreen Vacations Holding Corporation | $72.00 | +0.28% | $1.34B | 58 |
| MTN Vail Resorts, Inc. | $140.69 | +0.01% | $5.01B | 58 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MCRI's Key Strengths?
- Prime locations in Reno and Black Hawk.
- High-quality facilities and amenities.
- Strong brand recognition.
- Loyal customer base.
What Are MCRI's Weaknesses?
- Geographic concentration in two markets.
- Dependence on regional tourism.
- Exposure to economic cycles.
- Limited online gaming presence.
What Could Drive MCRI Stock Higher?
- Continued revenue growth from the expanded Black Hawk property.
- Increased tourism in Reno and Black Hawk boosting visitation.
- Potential new marketing campaigns targeting specific customer segments.
- Continued operational efficiencies improving profit margins.
What Are the Key Risks for MCRI?
- Insider selling — insiders were net sellers of roughly $20.8M recently.
- Economic downturns reducing consumer discretionary spending.
- Increased competition from new casino developments.
- Changes in gaming regulations impacting operations.
- Natural disasters disrupting operations.
- Dependence on regional tourism trends.
What Are the Growth Opportunities for MCRI?
- Expansion and Enhancement of Black Hawk Property: The completed expansion of the Monarch Casino Resort Spa Black Hawk, including the addition of hotel rooms, restaurants, and casino space, is expected to drive revenue growth. The enhanced amenities attract a broader customer base and increase per-customer spending. The market size for casino resorts in Colorado is estimated to grow as tourism increases, providing a favorable environment for Monarch. Timeline: Ongoing.
- Strategic Investments in Reno's Atlantis Casino Resort Spa: Continuous upgrades and expansions at the Atlantis Casino Resort Spa in Reno can attract more visitors and increase revenue. By enhancing the gaming floor, adding new dining options, and improving the hotel experience, Monarch can maintain its competitive edge in the Reno market. The Reno-Sparks Convention and Visitors Authority projects increased tourism, benefiting Monarch. Timeline: Ongoing.
- Leveraging Loyalty Programs and Customer Data: Implementing and refining loyalty programs to better understand and cater to customer preferences can drive repeat business and increase customer lifetime value. By analyzing customer data, Monarch can personalize offers and promotions, enhancing the overall customer experience. The market for loyalty programs in the casino industry is growing, with companies investing in data analytics to improve customer engagement. Timeline: Ongoing.
- Capitalizing on Regional Tourism Trends: By aligning marketing efforts with regional tourism trends and events, Monarch can attract a larger audience to its properties. This includes promoting the resorts as destinations for both leisure and business travelers. The growth in regional tourism, particularly in the Reno and Black Hawk areas, presents a significant opportunity for Monarch to increase occupancy rates and gaming revenue. Timeline: Ongoing.
- Exploring Online Gaming Opportunities: While Monarch's primary focus is on physical properties, exploring opportunities in online gaming and sports betting could provide an additional revenue stream. As regulations evolve, Monarch can consider partnerships or develop its own online platforms to reach a broader audience. The online gaming market is experiencing rapid growth, offering a potential avenue for expansion. Timeline: Future.
What Opportunities Does MCRI Have?
- Expansion of online gaming offerings.
- Further development of existing properties.
- Strategic acquisitions of complementary businesses.
- Increased marketing efforts to attract new customers.
What Threats Does MCRI Face?
- Increased competition from other casino operators.
- Economic downturns affecting consumer spending.
- Changes in gaming regulations.
- Natural disasters impacting operations.
What Are MCRI's Competitive Advantages?
- Strategic locations in Reno and Black Hawk.
- High-quality amenities and customer service.
- Established brand reputation.
- Loyalty programs that drive repeat business.
What Does MCRI Do?
Monarch Casino & Resort, Inc. was founded in 1972 and is headquartered in Reno, Nevada. The company owns and operates two major casino resort properties: the Atlantis Casino Resort Spa in Reno and the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. The Atlantis Casino Resort Spa features approximately 61,000 square feet of casino space, 818 guest rooms and suites, eight food outlets, two gourmet coffee and pastry bars, a 30,000 square-foot health spa and salon, two retail outlets, an 8,000 square-foot family entertainment center, and approximately 52,000 square feet of banquet, convention, and meeting room space. The casino includes approximately 1,400 slot and video poker machines, 37 table games, a race and sports book, a 24-hour live keno lounge, and a poker room. The Monarch Casino Resort Spa Black Hawk features approximately 60,000 square feet of casino space, 1,100 slot machines, 40 table games, 10 bars and lounges, four dining options, 516 guest rooms and suites, banquet and meeting room space, a retail store, a concierge lounge, an upscale spa and pool facility, and a nine-story parking structure. Monarch focuses on providing a high-quality experience to its customers through its diverse amenities and strategic locations.
What Products and Services Does MCRI Offer?
- Owns and operates the Atlantis Casino Resort Spa in Reno, Nevada.
- Owns and operates the Monarch Casino Resort Spa in Black Hawk, Colorado.
- Provides casino gaming with slot machines and table games.
- Offers hotel accommodations with guest rooms and suites.
- Operates food and beverage outlets, including restaurants and bars.
- Provides spa and salon services.
- Offers banquet, convention, and meeting room space.
- Provides retail outlets for clothing and gift shop merchandise.
How Does MCRI Make Money?
- Generates revenue through casino gaming operations.
- Earns revenue from hotel room rentals.
- Generates revenue from food and beverage sales.
- Earns revenue from spa and retail services.
What Industry Does MCRI Operate In?
Monarch Casino & Resort operates within the gambling and casino industry, which is characterized by regional competition and sensitivity to economic cycles. The industry is seeing growth in online gaming, but Monarch's focus remains on its physical properties. The competitive landscape includes large national casino chains as well as smaller regional operators. Monarch differentiates itself through its focus on high-quality amenities and strategic locations in Reno and Black Hawk. The industry is subject to regulatory oversight and changing consumer preferences.
Who Are MCRI's Key Customers?
- Leisure travelers seeking entertainment and relaxation.
- Business travelers attending conventions and meetings.
- Local residents seeking gaming and dining experiences.
- Tourists visiting Reno and Black Hawk.
Net sellingInsider Activity
Over the past six months, Monarch Casino & Resort, Inc. insiders filed 25 SEC Form 4 transactions — 21 sales and 4 purchases. On net that is roughly 229K shares disposed (about $20.8M), a signal worth weighing alongside the fundamentals.
MCRI Valuation & Market Position
With a $2.31B market cap, Monarch Casino & Resort, Inc. sits in the mid-cap segment of the market. Relative to its peer group, MCRI's quantitative score of 97/100 is above the peer average of 73/100.
ROE 20%Key Financial Metrics
Return on equity for Monarch Casino & Resort, Inc. stands at 20.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 15.0%, showing how much profit it generates from its asset base. MCRI trades at a trailing price-to-earnings ratio of 20.89, below the Consumer Cyclical sector average of ~39x. Its free cash flow yield is 6.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.98 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 4.7%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 7/9Financial Health
Monarch Casino & Resort, Inc.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 10.49 places it in the safe zone, indicating low near-term bankruptcy risk.
FY2026 estForward Outlook
Wall Street analysts project Monarch Casino & Resort, Inc. revenue of about $571.9M for fiscal 2026, with EPS near $6.61. The estimate reflects 4 contributing analysts.
Company Profile
Monarch Casino & Resort, Inc. operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Reno, US. The company is led by CEO John Farahi. MCRI has traded publicly since 1993.
MCRI Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that leadership believes in growth opportunities ahead.
- Community sentiment has shifted positively as discussions around increased tourism and entertainment spending have gained traction.
- Monarch's recent expansion plans have generated excitement, highlighting potential for increased revenue streams in the coming months.
- The overall gaming industry outlook remains strong, with many analysts predicting continued recovery post-pandemic, benefiting companies like Monarch.
Bear Case
- Concerns about rising operational costs are prevalent, as inflationary pressures could impact profit margins in the near term.
- Some investors express skepticism regarding the sustainability of recent growth, fearing it may be short-lived amid potential economic downturns.
- Community discussions indicate a cautious sentiment about competition in the gaming sector, which could challenge Monarch's market share.
- Recent regulatory changes in gaming legislation raise uncertainty, making some investors wary about future profitability and operational hurdles.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
MCRI Latest News
-
Monarch Casino (MCRI) Is Up 1.27% in One Week: What You Should Know
zacks.com · Jun 22, 2026
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Atlantis Earns National Recognition with Multiple Hermes Creative and Viddy Awards for "Once Is All It Takes" Brand Campaign
globenewswire.com · Jun 18, 2026
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2 Unpopular Stocks That Should Get More Attention and 1 We Avoid
Yahoo! Finance: MCRI News · Jun 8, 2026
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3 Inflated Stocks with Questionable Fundamentals
Yahoo! Finance: MCRI News · Jun 2, 2026
MCRI Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MCRI.
Price Targets
Consensus target: $112.00
MCRI MoonshotScore
What does this score mean?
The MoonshotScore rates MCRI's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Monarch Casino (MCRI) Is Up 1.27% in One Week: What You Should Know
Atlantis Earns National Recognition with Multiple Hermes Creative and Viddy Awards for "Once Is All It Takes" Brand Campaign
2 Unpopular Stocks That Should Get More Attention and 1 We Avoid
3 Inflated Stocks with Questionable Fundamentals
Leadership: John Farahi
Chief Executive Officer
John Farahi has served as the Chief Executive Officer of Monarch Casino & Resort, Inc. He has extensive experience in the gaming and hospitality industry. His background includes managing and developing casino resort properties. He has been instrumental in the strategic growth and operational success of the company. His leadership has focused on enhancing customer experience and driving financial performance.
Track Record: Under John Farahi's leadership, Monarch Casino & Resort has expanded its operations and improved its financial performance. Key achievements include the successful expansion of the Black Hawk property and the continued growth of the Atlantis Casino Resort Spa in Reno. He has overseen significant capital investments and strategic initiatives that have strengthened the company's market position.
What Investors Ask About Monarch Casino & Resort, Inc. (MCRI) — Consumer Cyclical
What does Monarch Casino & Resort, Inc. do?
Monarch Casino & Resort, Inc. operates in the casino and resort industry, focusing on providing gaming, lodging, and dining experiences. The company owns and manages the Atlantis Casino Resort Spa in Reno, Nevada, and the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. These properties feature casino space with slot machines and table games, hotel accommodations, restaurants, bars, spa services, and meeting facilities. Monarch aims to deliver a comprehensive entertainment experience to its customers, catering to both leisure and business travelers.
What do analysts say about MCRI stock?
Analyst coverage of Monarch Casino & Resort, Inc. typically focuses on the company's revenue growth, profitability, and strategic investments. Key valuation metrics such as P/E ratio and profit margins are closely monitored. Analysts consider the impact of the Black Hawk expansion and the competitive landscape in the regional casino market. Growth considerations include the company's ability to attract and retain customers, manage costs, and capitalize on tourism trends. The consensus is that Monarch is well-positioned for continued growth, but is subject to economic risks.
What are the main risks for MCRI?
Monarch Casino & Resort, Inc. faces several risks inherent to the casino and resort industry. Economic downturns can reduce consumer discretionary spending, impacting gaming revenue and hotel occupancy rates. Increased competition from new and existing casino operators can erode market share. Changes in gaming regulations, such as tax increases or stricter licensing requirements, can negatively affect profitability. Natural disasters, such as wildfires or floods, can disrupt operations and damage property. The company's dependence on regional tourism trends also poses a risk, as fluctuations in tourism can impact revenue.
What is MCRI's dividend and shareholder return track record?
Monarch Casino & Resort, Inc. has a history of providing returns to shareholders through dividends. The company's dividend yield is currently 1.01%. While not a high-yield stock, Monarch's dividend payout reflects a commitment to returning value to investors. The company's dividend growth history shows a steady increase in payouts over time. Monarch has also engaged in share buyback programs to further enhance shareholder value. The payout ratio is managed to balance dividend payments with reinvestment in the business for future growth.
How does Monarch Casino & Resort manage its capital allocation?
Monarch Casino & Resort manages its capital allocation through a combination of strategic investments, debt management, and shareholder returns. A significant portion of capital is allocated to property development and expansion, such as the Black Hawk project. The company also invests in maintaining and upgrading its existing facilities to enhance the customer experience. Debt is managed prudently to maintain a healthy balance sheet. Excess cash flow is used for share buybacks and dividend payments, reflecting a balanced approach to capital allocation. The company's capital allocation strategy aims to drive long-term growth and shareholder value.
What are the key factors to evaluate for MCRI?
Monarch Casino & Resort, Inc. (MCRI) holds an AI score of 97/100 (high). P/E: 20.9x vs the S&P 500's ~20-25x. Analysts target $112.00 (-14%). Not financial advice.
How frequently does MCRI data refresh on this page?
MCRI prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven MCRI's recent stock price performance?
Monarch Casino & Resort, Inc. (MCRI) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Prime locations in Reno and Black Hawk. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2021 and 2026-05-09.
- Future performance is subject to market conditions and company-specific factors.