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

  • Consensus Rating: Hold
  • Consensus Price Target: $90.33
  • Forecasted Upside: 37.03 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$65.92 As of 08/11/2022 01:00 AM ET
▲ +0.53 (0.81%)

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 $90.33
▲ +37.03% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Monarch Casino & Resort in the last 3 months. The average price target is $90.33, with a high forecast of $96.00 and a low forecast of $85.00. The average price target represents a 37.03% upside from the last price of $65.92.

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 Hold

The current consensus among 3 investment analysts is to hold stock in Monarch Casino & Resort. This rating has held steady since November 2021, when it changed from a Buy 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
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/17/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/18/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/16/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/14/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/12/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/13/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/12/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
8/11/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/20/2022Truist FinancialLower Price TargetBuy$100.00 ➝ $85.00Low
4/21/2022Stifel NicolausDowngradeBuy ➝ HoldHigh
4/21/2022Jefferies Financial GroupDowngradeBuy ➝ Hold$85.00 ➝ $90.00High
4/19/2022Truist FinancialBoost Price TargetBuy$88.00 ➝ $100.00High
4/18/2022Stifel NicolausBoost Price TargetBuy ➝ Hold$91.00 ➝ $96.00High
1/21/2022Jefferies Financial GroupLower Price Target$83.00 ➝ $82.00Medium
4/27/2021Truist FinancialBoost Price Target$70.00 ➝ $77.00Low
12/9/2020Stifel NicolausInitiated CoverageBuyLow
12/2/2020MacquarieBoost Price TargetOutperform$50.00 ➝ $58.00High
11/30/2020Truist FinancialBoost 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
(Data available from 8/12/2017 forward)

News Sentiment Rating

0.08 (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
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
1/14/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/13/2022
  • 8 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/15/2022
  • 3 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/14/2022
  • 1 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/14/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/13/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/13/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
8/12/2022

Current Sentiment

  • 1 very positive mentions
  • 4 positive mentions
  • 3 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., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. As of December 31, 2021, its Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 818 guest rooms and suites; 8 food outlets; 2 gourmet coffee and pastry bars; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. The company's Atlantis Casino Resort Spa also featured approximately 1,400 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. In addition, its Monarch Casino Resort Spa Black Hawk featured approximately 60,000 square feet of casino space; approximately 1,100 slot machines; approximately 40 table games; 10 bars and lounges; 4 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 with approximately 1,350 spaces, as well as valet parking with a total parking capacity to approximately 1,500 spaces. The company was founded in 1972 and is based in Reno, Nevada.
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Today's Range

Now: $65.92
Low: $65.74
High: $67.75

50 Day Range

MA: $61.32
Low: $55.35
High: $69.31

52 Week Range

Now: $65.92
Low: $54.01
High: $94.26

Volume

39,784 shs

Average Volume

108,744 shs

Market Capitalization

$1.25 billion

P/E Ratio

16.16

Dividend Yield

N/A

Beta

1.65

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: Jefferies Financial Group Inc., Stifel Nicolaus, StockNews.com, and Truist Financial Co..
View the latest analyst ratings for MCRI.

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

3 Wall Street analysts have set twelve-month price targets for Monarch Casino & Resort in the last year. Their average twelve-month price target is $90.33, suggesting a possible upside of 37.0%. Stifel Nicolaus has the highest price target set, predicting MCRI will reach $96.00 in the next twelve months. Truist Financial Co. has the lowest price target set, forecasting a price of $85.00 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 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MCRI, but not buy more shares or sell existing shares.
View the latest ratings for MCRI.

What other companies compete with Monarch Casino & Resort?

Other companies that are similar to Monarch Casino & Resort include Playa Hotels & Resorts, Bally's, GreenTree Hospitality Group, Melco Resorts & Entertainment and Travel + Leisure. Learn More about companies similar to Monarch Casino & Resort.

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. Learn More about contacing Monarch Casino & Resort investor relations.