Monarch Casino & Resort Stock (NASDAQ:MCRI)


ForecastRevenueOwnershipFinancialsChart

Previous Close

$74.84

52W Range

$56.25 - $80.22

50D Avg

$72.88

200D Avg

$69.54

Market Cap

$1.39B

Avg Vol (3M)

$128.86K

Beta

1.76

Div Yield

$1.20 (1.59%)

MCRI Company Profile


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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Industry

Gambling, Resorts & Casinos

Sector

Consumer Cyclical

Exchange

NASDAQ

ADR

-

Country

US

Employees

2,900

IPO Date

Aug 06, 1993

Website

MCRI Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Hotel$70.99M$71.18M$54.37M
Other$21.57M$18.78M$16.51M
Casino$282.29M$270.76M$233.41M
Food and beverage$126.63M$117.16M$91.08M

Fiscal year ends in Dec 23 | Currency in USD

MCRI Financial Summary


Dec 23Dec 22Dec 21
Revenue$501.48M$477.87M$395.38M
Operating Income$116.06M$111.44M$89.88M
Net Income$82.45M$87.48M$68.49M
EBITDA$163.36M$154.88M$128.31M
Basic EPS$4.20$4.61$3.68
Diluted EPS$4.20$4.47$3.53

Fiscal year ends in Dec 23 | Currency in USD

Peer Comparison


TickerCompany
HGVHilton Grand Vacations Inc.
BALYBally's Corporation
MSCStudio City International Holdings Limited
GDENGolden Entertainment, Inc.
BVHBluegreen Vacations Holding Corporation
CZRCaesars Entertainment, Inc.
MLCOMelco Resorts & Entertainment Limited
RRRRed Rock Resorts, Inc.
FLLFull House Resorts, Inc.
CNTYCentury Casinos, Inc.
PLYAPlaya Hotels & Resorts N.V.