MCRI Stock Analysis: Monarch Casino & Resort | NASDAQ

Resorts & Casinos | NASDAQ, USA | Market Cap: 2.198m USD | 12M Return: 49% | Charts, Fundamentals & Technical Analysis

Hotels, Casinos, Dining, Real Estate
Total Rating 80
Safety 84
Buy Signal 1.22
Resorts & Casinos
Industry Rotation: -17.4
Market Cap: 2.20B
Avg Turnover: 24.6M
Risk 3d forecast
Volatility23.0%
VaR 5th Pctl3.78%
VaR vs Median-0.12%
Reward TTM
Sharpe Ratio1.26
Rel. Str. IBD84.8
Rel. Str. Peer Group93.2
Character TTM
Beta0.670
Beta Downside0.634
Hurst Exponent0.552
Drawdowns 3y
Max DD23.09%
CAGR/Max DD0.94
CAGR/Mean DD2.79
EPS (Earnings per Share) EPS (Earnings per Share) of MCRI over the last years for every Quarter: "2021-06": 0.97, "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,
EPS CAGR: 11.73%
EPS Trend: 88.8%
Last SUE: 3.23
Qual. Beats: 1
Revenue Revenue of MCRI over the last years for every Quarter: 2021-06: 97.719, 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,
Rev. CAGR: 4.38%
Rev. Trend: 99.4%
Last SUE: 2.08
Qual. Beats: 1

Warnings

No concerns identified

Tailwinds

Rs Leader
Idiosyncratic Leader
Confidence

Seasonality 10.5 years of data

Jan -1.9% 0
Feb +3.5% 47
Mar -1.0% 11
Apr -1.7% 27
May -0.2% 16
Jun -1.6% 21
Jul +6.2% 37
Aug -2.1% 24
Sep -2.6% 21
Oct -1.1% 8
Nov +5.1% 43
Dec -3.0% 9

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: 109.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.21 > 0.02 and ΔFCF/TA 8.80 > 1.0
NWC/Revenue: -0.66% < 20% (prev -8.74%; Δ 8.08% < -1%)
CFO/TA 0.24 > 3% & CFO 176.8m > Net Income 109.1m
Net Debt (-107.1m) to EBITDA (191.2m): -0.56 < 3
Current Ratio: 0.98 > 1.5 & < 3
Outstanding Shares: last quarter (18.2m) vs 12m ago -3.34% < -2%
Gross Margin: 51.62% > 18% (prev 53.84%; Δ -2.22% > 0.5%)
Asset Turnover: 77.41% > 50% (prev 73.86%; Δ 3.55% > 0%)
Interest Coverage Ratio: 72.23 > 6 (EBIT TTM 139.9m / Interest Expense TTM 1.94m)
Altman Z'' 7.36
A: -0.01 (Total Current Assets 146.9m - Total Current Liabilities 150.6m) / Total Assets 725.2m
B: 0.86 (Retained Earnings 620.1m / Total Assets 725.2m)
C: 0.19 (EBIT TTM 139.9m / Avg Total Assets 718.6m)
D: 3.14 (Book Value of Equity 549.8m / Total Liabilities 175.3m)
Altman-Z'' = 7.36 = AAA
Beneish M -3.17
DSRI: 0.76 (Receivables 9.70m/12.0m, Revenue 556.3m/525.9m)
GMI: 1.04 (GM 53.84% / 51.62%)
AQI: 0.97 (AQ_t 0.04 / AQ_t-1 0.04)
SGI: 1.06 (Revenue 556.3m / 525.9m)
TATA: -0.09 (NI 109.1m - CFO 176.8m) / TA 725.2m)
Beneish M = -3.17 (Cap -4..+1) = AA
What is the price of MCRI shares?

As of July 16, 2026, the stock is trading at USD 126.42 with a total of 139,271 shares traded. Over the past week, the price has changed by +0.23%, over one month by -1.65%, over three months by +29.38% and over the past year by +48.96%.

Current recommended Stop Loss: 118.90 (which is 5.9% or 2.1 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 115.3 -8.8%
Monarch Casino & Resort (MCRI) - Fundamental Data Overview as of 12 July 2026
Market Cap USD = 2.20b (2.20b USD * 1.0 USD.USD)
P/E Trailing = 21.2818
P/E Forward = 20.8333
P/S = 4.0063
P/B = 4.0729
P/EG = 1.0719
Revenue TTM = 556.3m USD
EBIT TTM = 139.9m USD
EBITDA TTM = 191.2m USD
Long Term Debt = 12.1m USD (estimated: total debt 13.0m - short term 986k)
Short Term Debt = 986k USD (from shortTermDebt, last quarter)
Debt = 13.0m USD (from shortLongTermDebtTotal, last quarter) (leases 13.0m already included)
Net Debt = -107.1m USD (calculated: Debt 13.0m - CCE 120.1m)
Enterprise Value = 2.09b USD (2.20b + Debt 13.0m - CCE 120.1m)
Interest Coverage Ratio = 72.23 (Ebit TTM 139.9m / Interest Expense TTM 1.94m)
EV/FCF = 13.52x (Enterprise Value 2.09b / FCF TTM 154.7m)
FCF Yield = 7.40% (FCF TTM 154.7m / Enterprise Value 2.09b)
FCF Margin = 27.82% (FCF TTM 154.7m / Revenue TTM 556.3m)
Net Margin = 19.62% (Net Income TTM 109.1m / Revenue TTM 556.3m)
Gross Margin = 51.62% ((Revenue TTM 556.3m - Cost of Revenue TTM 269.1m) / Revenue TTM)
Gross Margin QoQ = 47.08% (prev 55.27%)
Tobins Q-Ratio = 2.88 (Enterprise Value 2.09b / Total Assets 725.2m)
Interest Expense / Debt = 14.85% (Interest Expense 1.94m / Debt 13.0m)
Taxrate = 21.69% (30.2m / 139.3m)
NOPAT = 109.6m (EBIT 139.9m * (1 - 21.69%))
Current Ratio = 0.98 (Total Current Assets 146.9m / Total Current Liabilities 150.6m)
Debt / Equity = 0.02 (Debt 13.0m / totalStockholderEquity, last quarter 549.8m)
Debt / EBITDA = -0.56 (Net Debt -107.1m / EBITDA 191.2m)
Debt / FCF = -0.69 (Net Debt -107.1m / FCF TTM 154.7m)
Total Stockholder Equity = 546.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.18% (Net Income 109.1m / Total Assets 725.2m)
RoE = 19.97% (Net Income TTM 109.1m / Total Stockholder Equity 546.3m)
RoCE = 25.06% (EBIT 139.9m / Capital Employed (Equity 546.3m + L.T.Debt 12.1m))
RoIC = 20.00% (NOPAT 109.6m / Invested Capital 547.8m)
WACC = 8.36% (E(2.20b)/V(2.21b) * Re(8.34%) + D(13.0m)/V(2.21b) * Rd(14.85%) * (1-Tc(0.22)))
Discount Rate = 8.34% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -80.81 | Cagr: -4.57%
[DCF] Terminal Value 77.94% ; FCFF base≈128.5m ; Y1≈147.4m ; Y5≈216.9m
[DCF] Fair Price = 189.6 (EV 3.26b - Net Debt -107.1m = Equity 3.37b / Shares 17.7m; r=8.36% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.83 | EPS CAGR: 11.73% | SUE: 3.23 | # QB: 1
Revenue Correlation: 99.41 | Revenue CAGR: 4.38% | SUE: 2.08 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.77 | Chg30d=+5.67% | Revisions=+40% | Analysts=1
EPS next Quarter (2026-09-30): EPS=1.85 | Chg30d=+3.35% | Revisions=+40% | Analysts=1
EPS current Year (2026-12-31): EPS=6.67 | Chg30d=+14.90% | Revisions=+40% | GrowthEPS=+14.6% | GrowthRev=+4.9%
EPS next Year (2027-12-31): EPS=7.03 | Chg30d=+3.23% | Revisions=+40% | GrowthEPS=+5.4% | GrowthRev=+2.2%
[Analyst] Revisions Ratio: +73% (up=8, down=0)