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

  • Consensus Rating: Buy
  • Consensus Price Target: $50.60
  • Forecasted Upside: -18.78 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$62.30
▲ +2.05 (3.40%)
1 month | 3 months | 12 months
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Analyst Price Target for MCRI

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$50.60
▼ -18.78% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Monarch Casino & Resort in the last 3 months. The average price target is $50.60, with a high forecast of $65.00 and a low forecast of $38.00. The average price target represents a -18.78% upside from the last price of $62.30.
Buy
The current consensus among 4 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

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/12/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/11/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/10/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/8/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/6/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/5/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/3/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/5/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/9/2020Stifel NicolausInitiated CoverageBuyLow
i
12/2/2020MacquarieBoost Price TargetOutperform$50.00 ➝ $58.00High
i
11/30/2020TruistBoost Price Target$60.00 ➝ $65.00High
i
5/27/2020SunTrust BanksInitiated CoverageBuy$50.00High
i
4/27/2020Stifel NicolausUpgradeHold ➝ Buy$35.00 ➝ $42.00High
i
4/24/2020Union Gaming ResearchUpgradeBuy$38.00High
i
Rating by John DeCree at Union Gaming Research
3/13/2020Stifel NicolausLower Price TargetHold$51.00 ➝ $35.00High
i
1/6/2020Jefferies Financial GroupUpgradeHold ➝ Buy$46.00 ➝ $58.00N/A
i
3/6/2019CitigroupDowngradeBuy ➝ HoldMedium
i
7/25/2018Stifel NicolausBoost Price TargetHold ➝ Hold$45.00 ➝ $49.00Medium
i
7/25/2018Jefferies Financial GroupUpgradeUnderperform ➝ Hold$48.00Medium
i
1/18/2018Jefferies Financial GroupInitiated CoverageUnderperform ➝ Underperform$39.00Medium
i
10/25/2017Union Gaming ResearchUpgradeHold ➝ BuyN/A
i
10/25/2017UBS GroupUpgradeHold ➝ BuyN/A
i
7/28/2017Stifel NicolausReiterated RatingHold$33.00Low
i
7/27/2017Imperial CapitalBoost Price TargetOutperform ➝ Outperform$35.00 ➝ $38.00Low
i
5/1/2017Deutsche Bank AktiengesellschaftBoost Price TargetBuy$95.00 ➝ $97.00Low
i
4/28/2017Stifel NicolausBoost Price TargetHold$27.00 ➝ $29.00Low
i
4/13/2017Imperial CapitalBoost Price TargetOutperform$27.00 ➝ $35.00Low
i
10/14/2016GabelliInitiated CoverageHold$27.00N/A
i
Rating by A. Trivison at Gabelli
(Data available from 3/5/2016 forward)
Monarch Casino & Resort logo
Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada. It also owns and operates the Monarch Casino Black Hawk in Black Hawk, Colorado. As of March 11, 2020, the company's Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 818 guest rooms; 8 food outlets; 2 gourmet coffee and pastry bars; 1 snack bar; 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. Its Atlantis Casino Resort Spa also featured approximately 1,450 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, the company's Monarch Casino Black Hawk featured approximately 30,000 square feet of casino space; approximately 740 slot machines; 14 table games; a 250-seat buffet-style restaurant; a snack bar; and a nine-story parking structure with approximately 1,350 spaces, as well as valet parking with a total parking capacity to 1,500 spaces. Monarch Casino & Resort, Inc. was founded in 1972 and is based in Reno, Nevada.
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Today's Range

Now: $62.30
$57.03
$62.39

50 Day Range

MA: $59.06
$52.85
$68.06

52 Week Range

Now: $62.30
$12.83
$70.77

Volume

107,848 shs

Average Volume

117,113 shs

Market Capitalization

$1.14 billion

P/E Ratio

80.91

Dividend Yield

N/A

Beta

1.66

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, SunTrust Banks, Inc., Truist, Union Gaming Research, and Zacks Investment Research.
View the latest analyst ratings for MCRI.

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

5 Wall Street analysts have set twelve-month price targets for Monarch Casino & Resort in the last year. Their average twelve-month price target is $50.60, suggesting a possible downside of 16.0%. Truist has the highest price target set, predicting MCRI will reach $65.00 in the next twelve months. Union Gaming Research has the lowest price target set, forecasting a price of $38.00 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 4 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?

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.