MCRI Stock Analysis: Monarch Casino & Resort | NASDAQ
Resorts & Casinos | NASDAQ, USA | Market Cap: 2.036m USD | 12M Return: 19.7% | US6090271072 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 18.4M
EPS Trend: 95.9%
Qual. Beats: 0
Rev. Trend: 99.7%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
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.
Monarch Casino & Resort, Inc. (NASDAQ: MCRI) is a Reno, Nevada-based gaming and hospitality company that owns and operates two destination casino resorts: 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, which may support future development or expansion.
Both properties feature a wide range of owned and operated dining venues, including Toucan Charlies Buffet & Grille, The Atlantis Steakhouse, The Bistro Napa, The Oyster Bar on the Sky Terrace, a Sushi Bar, The Purple Parrot, The Red Bloom Asian kitchen, The Manhattan Deli, The Chicago Dogs Eatery, and two gourmet coffee bars. This vertically integrated food and beverage approach is common among regional casino operators, where on-site dining helps drive customer traffic, extend on-property dwell time, and capture a larger share of guest spending beyond gaming.
Founded in 1993 and headquartered in Reno, MCRI operates in the Consumer Discretionary sector within the Casinos & Gaming sub-industry. As a regional-rather than Las Vegas Strip-gaming operator, the companys revenue is largely driven by customers in its local and nearby drive-in markets, where competition is typically limited to a smaller set of nearby properties, which can support more stable operating margins.
- Black Hawk resort expansion drives gaming revenue and margin growth
- Reno-Sparks tourism and convention demand impacts Atlantis visitation
- Colorado gaming license expansion threatens Black Hawk market share
| 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) |
| 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 |
| 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 |
As of October 22, 2026, the stock is trading at USD 114.25 with a total of 113,075 shares traded. Over the past week, the price has changed by -1.37%, over one month by -4.68%, over three months by -7.92% and over the past year by +19.71%.
Current recommended Stop Loss: 110.90 (which is 2.9% or 1.3 ATR below the current price).
Monarch Casino & Resort has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold MCRI.
- StrongBuy: 1
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 126.5 | 10.7% |
P/E Trailing = 18.2035
P/E Forward = 16.9492
P/S = 3.6227
P/B = 3.6468
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 = 1.91b USD (2.04b + Debt 12.8m - CCE 138.3m)
Interest Coverage Ratio = 65.43 (Ebit TTM 126.7m / Interest Expense TTM 1.94m)
EV/FCF = 12.38x (Enterprise Value 1.91b / FCF TTM 154.3m)
FCF Yield = 8.08% (FCF TTM 154.3m / Enterprise Value 1.91b)
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 = 2.58 (Enterprise Value 1.91b / 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 = 7.17% (E(2.04b)/V(2.05b) * Re(7.13%) + D(12.8m)/V(2.05b) * Rd(15.14%) * (1-Tc(0.11)))
Discount Rate = 7.13% (= 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=+4.7%
EPS next Year (2027-12-31): EPS=6.89 | Chg30d=+1.25% | Revisions=+40% | GrowthEPS=+3.8% | GrowthRev=+1.8%
[Analyst] Revisions Ratio: +29% (up=3, down=1)