MCRI Stock Analysis: Monarch Casino & Resort | NASDAQ

Resorts & Casinos | NASDAQ, USA | Market Cap: 2.197m USD | 12M Return: 15.7% | US6090271072 | Charts, Fundamentals & Technical Analysis

Hotels, Casinos, Dining, Real Estate
Total Rating 61
Safety 78
Buy Signal -0.28
Resorts & Casinos
Industry Rotation: -24.2
Market Cap: 2.20B
Avg Turnover: 15.3M
Risk 3d forecast
Volatility25.7%
VaR 5th Pctl4.28%
VaR vs Median1.18%
Reward TTM
Sharpe Ratio0.53
Rel. Str. IBD58.5
Rel. Str. Peer Group79.5
Character TTM
Beta0.475
Beta Downside0.412
Hurst Exponent0.551
Drawdowns 3y
Max DD23.09%
CAGR/Max DD1.04
CAGR/Mean DD3.55
EPS (Earnings per Share) EPS (Earnings per Share) of MCRI over the last years for every Quarter: "2021-09": 1.1, "2021-12": 1.02, "2022-03": 0.98, "2022-06": 1.08, "2022-09": 1.52, "2022-12": 1.14, "2023-03": 0.92, "2023-06": 1.12, "2023-09": 1.35, "2023-12": 0.93, "2024-03": 0.95, "2024-06": 1.2, "2024-09": 1.48, "2024-12": 1.3642, "2025-03": 1.07, "2025-06": 1.48, "2025-09": 1.71, "2025-12": 1.25, "2026-03": 1.58, "2026-06": 1.78,
EPS CAGR: 15.05%
EPS Trend: 95.9%
Last SUE: 0.19
Qual. Beats: 0
Revenue Revenue of MCRI over the last years for every Quarter: 2021-09: 111.63, 2021-12: 111.068, 2022-03: 108.318, 2022-06: 115.289, 2022-09: 133.727, 2022-12: 120.536, 2023-03: 116.644, 2023-06: 123.683, 2023-09: 132.965, 2023-12: 128.186, 2024-03: 121.657, 2024-06: 128.143, 2024-09: 137.873, 2024-12: 134.513, 2025-03: 125.394, 2025-06: 136.914, 2025-09: 142.814, 2025-12: 140.003, 2026-03: 136.55, 2026-06: 142.597,
Rev. CAGR: 4.66%
Rev. Trend: 99.7%
Last SUE: 0.01
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

Idiosyncratic Leader

Seasonality 11.6 years of data

Jan -4.3% 6
Feb +3.4% 39
Mar -1.7% 15
Apr -1.8% 31
May -0.2% 10
Jun -0.6% 15
Jul +5.0% 31
Aug -1.7% 29
Sep -1.8% 14
Oct -2.1% 14
Nov +4.9% 48
Dec -1.1% 2

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: MCRI Monarch Casino & Resort

Monarch Casino & Resort, Inc. is a regional gaming and hospitality company that owns and operates two casino-resort properties: the Atlantis Casino Resort Spa in Reno, Nevada and the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. The company also holds separate parcels of land and operates a diverse portfolio of in-house dining venues at its properties, including fine dining, buffets, steakhouses, Asian cuisine, sushi, delis, coffee bars, and casual eateries such as The Chicago Dogs Eatery. Headquartered in Reno and incorporated in 1993, Monarch focuses on integrated resort operations combining lodging, gaming, and food and beverage offerings.

As a regional operator listed in the Consumer Discretionary sector under Casinos & Gaming, Monarch benefits from its location in two distinct gaming markets. Nevada allows unrestricted statewide casino gaming, while Black Hawk is part of a limited-stakes gaming district in Colorado, where regulatory caps on wagers and bet limits historically differentiate operators in that market from those in Nevada.

Headlines to Watch Out For
  • Black Hawk expansion lifts capacity, revenue and operating margins
  • Reno Atlantis market pressured by Northern Nevada gaming competition
  • Colorado Black Hawk gaming market growth drives revenue gains
Piotroski VR-10 (Strict) 7.0
Net Income: 114.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.21 > 0.02 and ΔFCF/TA 6.04 > 1.0
NWC/Revenue: 5.16% < 20% (prev -6.92%; Δ 12.08% < -1%)
CFO/TA 0.23 > 3% & CFO 173.4m > Net Income 114.6m
Net Debt (-125.5m) to EBITDA (175.1m): -0.72 < 3
Current Ratio: 1.21 > 1.5 & < 3
Outstanding Shares: last quarter (18.2m) vs 12m ago -2.60% < -2%
Gross Margin: 45.84% > 18% (prev 55.00%; Δ -9.16% > 0.5%)
Asset Turnover: 77.68% > 50% (prev 75.76%; Δ 1.92% > 0%)
Interest Coverage Ratio: 65.43 > 6 (EBIT TTM 126.7m / Interest Expense TTM 1.94m)
Altman Z'' 7.96
A: 0.04 (Total Current Assets 168.9m - Total Current Liabilities 139.9m) / Total Assets 741.2m
B: 0.87 (Retained Earnings 647.2m / Total Assets 741.2m)
C: 0.18 (EBIT TTM 126.7m / Avg Total Assets 723.5m)
D: 3.51 (Book Value of Equity 576.8m / Total Liabilities 164.4m)
Altman-Z'' = 7.96 = AAA
Beneish M -3.17
DSRI: 0.61 (Receivables 9.57m/15.0m, Revenue 562.0m/534.7m)
GMI: 1.20 (GM 55.00% / 45.84%)
AQI: 0.95 (AQ_t 0.04 / AQ_t-1 0.04)
SGI: 1.05 (Revenue 562.0m / 534.7m)
TATA: -0.08 (NI 114.6m - CFO 173.4m) / TA 741.2m)
Beneish M = -3.17 (Cap -4..+1) = AA
What is the price of MCRI shares?

As of September 02, 2026, the stock is trading at USD 117.53 with a total of 204,163 shares traded. Over the past week, the price has changed by -4.76%, over one month by -5.84%, over three months by -2.96% and over the past year by +15.74%.

Current recommended Stop Loss: 114.00 (which is 3% or 1.3 ATR below the current price).

Is MCRI a buy, sell or hold?

Monarch Casino & Resort has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold MCRI.

  • StrongBuy: 1
  • Buy: 0
  • Hold: 3
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the MCRI price?
Analysts Target Price 127 8.1%
Monarch Casino & Resort (MCRI) - Fundamental Data Overview as of 31 August 2026
Market Cap USD = 2.20b (2.20b USD * 1.0 USD.USD)
P/E Trailing = 19.8333
P/E Forward = 19.1205
P/S = 3.9091
P/B = 3.8414
P/EG = 1.0719
Revenue TTM = 562.0m USD
EBIT TTM = 126.7m USD
EBITDA TTM = 175.1m USD
Long Term Debt = 11.8m USD (estimated: total debt 12.8m - short term 953k)
Short Term Debt = 953k USD (from shortTermDebt, last quarter)
Debt = 12.8m USD (from shortLongTermDebtTotal, last quarter) (leases 12.8m already included)
Net Debt = -125.5m USD (calculated: Debt 12.8m - CCE 138.3m)
Enterprise Value = 2.07b USD (2.20b + Debt 12.8m - CCE 138.3m)
Interest Coverage Ratio = 65.43 (Ebit TTM 126.7m / Interest Expense TTM 1.94m)
EV/FCF = 13.42x (Enterprise Value 2.07b / FCF TTM 154.3m)
FCF Yield = 7.45% (FCF TTM 154.3m / Enterprise Value 2.07b)
FCF Margin = 27.46% (FCF TTM 154.3m / Revenue TTM 562.0m)
Net Margin = 20.40% (Net Income TTM 114.6m / Revenue TTM 562.0m)
Gross Margin = 45.84% ((Revenue TTM 562.0m - Cost of Revenue TTM 304.4m) / Revenue TTM)
Gross Margin QoQ = 34.85% (prev 47.08%)
Tobins Q-Ratio = 2.79 (Enterprise Value 2.07b / Total Assets 741.2m)
Interest Expense / Debt = 15.14% (Interest Expense 1.94m / Debt 12.8m)
Taxrate = 10.53% (15.1m / 143.4m)
NOPAT = 113.4m (EBIT 126.7m * (1 - 10.53%))
Current Ratio = 1.21 (Total Current Assets 168.9m / Total Current Liabilities 139.9m)
Debt / Equity = 0.02 (Debt 12.8m / totalStockholderEquity, last quarter 576.8m)
Debt / EBITDA = -0.72 (Net Debt -125.5m / EBITDA 175.1m)
Debt / FCF = -0.81 (Net Debt -125.5m / FCF TTM 154.3m)
Total Stockholder Equity = 555.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.85% (Net Income 114.6m / Total Assets 741.2m)
RoE = 20.63% (Net Income TTM 114.6m / Total Stockholder Equity 555.7m)
RoCE = 22.33% (EBIT 126.7m / Capital Employed (Equity 555.7m + L.T.Debt 11.8m))
RoIC = 19.75% (NOPAT 113.4m / Invested Capital 574.2m)
WACC = 7.68% (E(2.20b)/V(2.21b) * Re(7.65%) + D(12.8m)/V(2.21b) * Rd(15.14%) * (1-Tc(0.11)))
Discount Rate = 7.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -86.22 | Cagr: -3.28%
[DCF] Terminal Value 77.97% ; FCFF base≈134.3m ; Y1≈154.0m ; Y5≈226.6m
[DCF] Fair Price = 197.3 (EV 3.41b - Net Debt -125.5m = Equity 3.54b / Shares 17.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 95.91 | EPS CAGR: 15.05% | SUE: 0.19 | # QB: 0
Revenue Correlation: 99.68 | Revenue CAGR: 4.66% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.70 | Chg30d=-5.03% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=6.64 | Chg30d=-0.45% | Revisions=+25% | GrowthEPS=+14.1% | GrowthRev=+4.8%
EPS next Year (2027-12-31): EPS=6.89 | Chg30d=+1.25% | Revisions=+40% | GrowthEPS=+3.8% | GrowthRev=+1.9%
[Analyst] Revisions Ratio: +29% (up=3, down=1)