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NASDAQ:MCRI - Monarch Casino & Resort Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $67.50
  • Forecasted Upside: -2.64 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$69.33 As of 11/26/2021 01:00 AM ET
▼ -2.02 (-2.83%)

This chart shows the closing price for MCRI by one month, three months, or twelve months.

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Analyst Price Target for MCRI

Analyst Price Target is $67.50
▼ -2.64% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Monarch Casino & Resort in the last 3 months. The average price target is $67.50, with a high forecast of $77.00 and a low forecast of $58.00. The average price target represents a -2.64% upside from the last price of $69.33.

This chart shows the closing price for MCRI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 contributing investment analysts is to buy stock in Monarch Casino & Resort. This rating has held steady since December 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/4/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/1/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/1/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/27/2021TruistBoost Price Target$70.00 ➝ $77.00Low
12/9/2020Stifel NicolausInitiated CoverageBuyLow
12/2/2020MacquarieBoost Price TargetOutperform$50.00 ➝ $58.00High
11/30/2020TruistBoost Price Target$60.00 ➝ $65.00High
5/27/2020SunTrust BanksInitiated CoverageBuy$50.00High
4/27/2020Stifel NicolausUpgradeHold ➝ Buy$35.00 ➝ $42.00High
4/24/2020Union Gaming ResearchUpgradeBuy$38.00High
3/13/2020Stifel NicolausLower Price TargetHold$51.00 ➝ $35.00High
1/6/2020Jefferies Financial GroupUpgradeHold ➝ Buy$46.00 ➝ $58.00N/A
3/6/2019CitigroupDowngradeBuy ➝ HoldMedium
7/25/2018Stifel NicolausBoost Price TargetHold ➝ Hold$45.00 ➝ $49.00Medium
7/25/2018Jefferies Financial GroupUpgradeUnderperform ➝ Hold$48.00Medium
1/18/2018Jefferies Financial GroupInitiated CoverageUnderperform ➝ Underperform$39.00Medium
10/25/2017Union Gaming ResearchUpgradeHold ➝ BuyN/A
10/25/2017UBS GroupUpgradeHold ➝ BuyN/A
7/28/2017Stifel NicolausReiterated RatingHold$33.00Low
7/27/2017Imperial CapitalBoost Price TargetOutperform ➝ Outperform$35.00 ➝ $38.00Low
5/1/2017Deutsche Bank AktiengesellschaftBoost Price TargetBuy$95.00 ➝ $97.00Low
4/28/2017Stifel NicolausBoost Price TargetHold$27.00 ➝ $29.00Low
4/13/2017Imperial CapitalBoost Price TargetOutperform$27.00 ➝ $35.00Low
(Data available from 11/27/2016 forward)

News Sentiment Rating

0.20 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/1/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/31/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/30/2021
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/30/2021
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/29/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2021
  • 3 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2021

Current Sentiment

  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Monarch Casino & Resort logo
Monarch Casino & Resort, Inc. owns and operates the Atlantis Casino Resort Spa, a hotel & casino facility in Reno, Nevada and the Monarch Black Hawk Casino in Black Hawk, Colorado. The Atlantis features casino space; guest rooms; food outlets; espresso and pastry bars; health spa and salon; retail outlets offering clothing and traditional gift shop merchandise; family entertainment centre; banquet, convention and meeting room space. The casino features slot and video poker machines; table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge and a poker room. The Monarch Casino Black Hawk features casino space, slot machines, table games, buffet-style restaurant, a snack bar and a parking structure. The company was founded in 1993 and is headquartered in Reno, NV.
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Today's Range

Now: $69.33
Low: $67.21
High: $70.28

50 Day Range

MA: $69.45
Low: $63.89
High: $73.74

52 Week Range

Now: $69.33
Low: $50.01
High: $76.00

Volume

62,618 shs

Average Volume

71,567 shs

Market Capitalization

$1.30 billion

P/E Ratio

21.01

Dividend Yield

N/A

Beta

1.67

Frequently Asked Questions

What sell-side analysts currently cover shares of Monarch Casino & Resort?

The following Wall Street sell-side analysts have issued stock ratings on Monarch Casino & Resort in the last twelve months: Macquarie, Stifel Nicolaus, TheStreet, Truist, and Zacks Investment Research.
View the latest analyst ratings for MCRI.

What is the current price target for Monarch Casino & Resort?

2 Wall Street analysts have set twelve-month price targets for Monarch Casino & Resort in the last year. Their average twelve-month price target is $67.50, suggesting a possible downside of 2.6%. Truist has the highest price target set, predicting MCRI will reach $77.00 in the next twelve months. Macquarie has the lowest price target set, forecasting a price of $58.00 for Monarch Casino & Resort in the next year.
View the latest price targets for MCRI.

What is the current consensus analyst rating for Monarch Casino & Resort?

Monarch Casino & Resort currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MCRI will outperform the market and that investors should add to their positions of Monarch Casino & Resort.
View the latest ratings for MCRI.

What other companies compete with Monarch Casino & Resort?

Other companies that are similar to Monarch Casino & Resort include Las Vegas Sands, MGM Resorts International, Caesars Entertainment, Wynn Resorts, Advanced Drainage Systems, Penn National Gaming, Churchill Downs, Boyd Gaming, Scientific Games, International Game Technology and Isleworth Healthcare Acquisition.

How do I contact Monarch Casino & Resort's investor relations team?

Monarch Casino & Resort's physical mailing address is 3800 S VIRGINIA STREET, RENO NV, 89502. The company's listed phone number is (775) 335-4600. The official website for Monarch Casino & Resort is www.monarchcasino.com.