Monarch Casino & Resort (MCRI) Stock Forecast, Price Target & Predictions
MCRI Stock Forecast
Monarch Casino & Resort stock forecast is as follows: an average price target of $84.00 (represents a 6.09% upside from MCRI’s last price of $79.18) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
MCRI Price Target
The average price target for Monarch Casino & Resort (MCRI) is $84.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $77.00. This represents a potential 6.09% upside from MCRI's last price of $79.18.
MCRI Analyst Ratings
According to 1 Wall Street analysts, Monarch Casino & Resort's rating consensus is 'Hold'. The analyst rating breakdown for MCRI stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Monarch Casino & Resort Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 20, 2022 | Jeffrey Stantial | Stifel Nicolaus | $77.00 | $61.55 | 25.10% | -2.75% |
| Jul 20, 2022 | Truist Financial | $85.00 | $61.08 | 39.16% | 7.35% | |
| Apr 21, 2022 | Jefferies | $90.00 | $93.08 | -3.31% | 13.67% | |
| Apr 19, 2022 | Truist Financial | $100.00 | $90.60 | 10.38% | 26.29% |
The latest Monarch Casino & Resort stock forecast, released on Oct 20, 2022 by Jeffrey Stantial from Stifel Nicolaus, set a price target of $77.00, which represents a 25.10% increase from the stock price at the time of the forecast ($61.55), and a -2.75% decrease from MCRI last price ($79.18).
Monarch Casino & Resort Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $79.18 | $79.18 | $79.18 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Monarch Casino & Resort stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Monarch Casino & Resort's last price of $79.18. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 25, 2024 | Macquarie | Neutral | Neutral | Hold |
| Apr 18, 2024 | Macquarie | Neutral | Neutral | Hold |
Monarch Casino & Resort's last stock rating was published by Macquarie on Jul 25, 2024. The company gave MCRI a "Neutral" rating, the same as its previous rate.
Monarch Casino & Resort Financial Forecast
Monarch Casino & Resort Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $128.19M | $132.97M | $123.68M | $116.64M | $120.54M | $133.73M | $115.29M | $108.32M | $111.07M | $111.63M | $97.72M | $74.96M | $58.38M | $59.87M | $15.16M | $51.01M | $62.08M | $65.58M |
| Avg Forecast | $134.75M | $142.93M | $133.35M | $126.92M | $131.37M | $139.85M | $130.11M | $123.48M | $129.04M | $133.98M | $126.21M | $122.22M | $118.50M | $134.44M | $123.85M | $114.17M | $121.17M | $121.82M | $115.43M | $106.82M | $98.35M | $101.14M | $83.03M | $65.97M | $60.81M | $47.95M | $14.35M | $55.88M | $61.74M | $68.47M |
| High Forecast | $136.37M | $144.65M | $134.95M | $128.44M | $132.95M | $141.52M | $131.67M | $123.68M | $132.64M | $134.18M | $126.21M | $122.22M | $119.96M | $136.05M | $125.33M | $115.54M | $122.62M | $121.82M | $115.43M | $106.82M | $98.35M | $101.14M | $83.03M | $65.97M | $60.81M | $47.95M | $14.35M | $55.88M | $61.74M | $68.47M |
| Low Forecast | $132.51M | $140.56M | $131.14M | $124.81M | $129.19M | $137.53M | $127.95M | $123.28M | $123.24M | $133.78M | $126.21M | $122.22M | $117.57M | $132.21M | $121.79M | $112.28M | $119.15M | $121.82M | $115.43M | $106.82M | $98.35M | $101.14M | $83.03M | $65.97M | $60.81M | $47.95M | $14.35M | $55.88M | $61.74M | $68.47M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.99% | 1.00% | 1.02% | 0.99% | 1.10% | 1.00% | 1.01% | 1.13% | 1.10% | 1.18% | 1.14% | 0.96% | 1.25% | 1.06% | 0.91% | 1.01% | 0.96% |
Monarch Casino & Resort's average Quarter revenue forecast for Mar 24 based on 1 analysts is $122.22M, with a low forecast of $122.22M, and a high forecast of $122.22M. MCRI's average Quarter revenue forecast represents a -4.66% decrease compared to the company's last Quarter revenue of $128.19M (Dec 23).
Monarch Casino & Resort EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $40.42M | $44.10M | $41.33M | $34.50M | $39.26M | $47.54M | $36.21M | $31.86M | $35.92M | $38.47M | $33.11M | $20.80M | $10.99M | $17.32M | $-1.65M | $5.93M | $11.59M | $15.21M |
| Avg Forecast | $36.59M | $38.81M | $36.21M | $34.47M | $35.68M | $37.98M | $35.33M | $33.53M | $35.04M | $36.38M | $34.27M | $36.80M | $32.18M | $36.51M | $33.63M | $33.46M | $34.25M | $33.37M | $31.62M | $30.42M | $26.94M | $27.70M | $22.74M | $19.76M | $16.66M | $13.14M | $3.93M | $8.65M | $16.91M | $18.75M |
| High Forecast | $37.03M | $39.28M | $36.65M | $34.88M | $36.10M | $38.43M | $35.76M | $33.59M | $36.02M | $36.44M | $34.27M | $44.16M | $32.58M | $36.95M | $34.04M | $40.15M | $41.10M | $33.37M | $31.62M | $36.50M | $26.94M | $27.70M | $22.74M | $23.71M | $16.66M | $13.14M | $3.93M | $10.38M | $16.91M | $18.75M |
| Low Forecast | $35.99M | $38.17M | $35.61M | $33.89M | $35.08M | $37.35M | $34.75M | $33.48M | $33.47M | $36.33M | $34.27M | $29.44M | $31.93M | $35.90M | $33.07M | $26.77M | $27.40M | $33.37M | $31.62M | $24.33M | $26.94M | $27.70M | $22.74M | $15.81M | $16.66M | $13.14M | $3.93M | $6.92M | $16.91M | $18.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.26% | 1.21% | 1.23% | 1.03% | 1.15% | 1.42% | 1.15% | 1.05% | 1.33% | 1.39% | 1.46% | 1.05% | 0.66% | 1.32% | -0.42% | 0.69% | 0.69% | 0.81% |
1 analysts predict MCRI's average Quarter EBITDA for Mar 24 to be $36.80M, with a high of $44.16M and a low of $29.44M. This is -8.95% lower than Monarch Casino & Resort's previous annual EBITDA (Dec 23) of $40.42M.
Monarch Casino & Resort Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $18.20M | $24.16M | $22.41M | $17.67M | $22.43M | $27.49M | $19.43M | $18.12M | $19.87M | $22.31M | $18.15M | $8.15M | $15.26M | $10.74M | $-4.35M | $2.02M | $6.20M | $9.33M |
| Avg Forecast | $20.28M | $27.34M | $22.49M | $18.39M | $22.20M | $27.52M | $22.57M | $18.93M | $20.61M | $25.64M | $20.79M | $20.93M | $19.12M | $26.60M | $21.95M | $19.02M | $18.94M | $23.18M | $20.18M | $17.29M | $17.12M | $18.90M | $12.62M | $7.75M | $10.27M | $3.64M | $-11.69M | $2.95M | $7.36M | $11.16M |
| High Forecast | $20.59M | $27.77M | $22.84M | $18.68M | $22.55M | $27.95M | $22.92M | $19.12M | $21.69M | $25.64M | $20.79M | $25.11M | $19.86M | $26.89M | $22.15M | $22.83M | $22.73M | $23.73M | $21.11M | $20.75M | $17.12M | $18.90M | $12.62M | $9.30M | $10.27M | $3.64M | $-11.69M | $3.54M | $7.36M | $11.16M |
| Low Forecast | $19.84M | $26.75M | $22.01M | $17.99M | $21.72M | $26.92M | $22.08M | $18.56M | $19.52M | $25.64M | $20.79M | $16.74M | $18.57M | $26.32M | $21.75M | $15.22M | $15.15M | $22.63M | $19.25M | $13.84M | $17.12M | $18.90M | $12.62M | $6.20M | $10.27M | $3.64M | $-11.69M | $2.36M | $7.36M | $11.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.91% | 1.02% | 0.93% | 1.18% | 1.19% | 0.96% | 1.05% | 1.16% | 1.18% | 1.44% | 1.05% | 1.49% | 2.96% | 0.37% | 0.69% | 0.84% | 0.84% |
Monarch Casino & Resort's average Quarter net income forecast for Mar 24 is $20.93M, with a range of $16.74M to $25.11M. MCRI's average Quarter net income forecast represents a 14.97% increase compared to the company's last Quarter net income of $18.20M (Dec 23).
Monarch Casino & Resort SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $28.66M | $27.09M | $24.95M | $25.12M | $24.67M | $25.65M | $23.10M | $24.18M | $22.20M | $21.69M | $20.61M | $19.93M | $18.48M | $15.86M | $8.87M | $17.19M | $18.47M | $17.89M |
| Avg Forecast | $33.27M | $35.29M | $32.92M | $31.34M | $32.44M | $34.53M | $32.12M | $30.49M | $31.86M | $33.08M | $31.16M | $27.93M | $29.26M | $33.19M | $30.58M | $25.39M | $21.17M | $30.08M | $28.50M | $23.08M | $24.28M | $24.97M | $20.50M | $18.93M | $15.01M | $11.84M | $3.54M | $25.08M | $15.24M | $16.90M |
| High Forecast | $33.67M | $35.71M | $33.32M | $31.71M | $32.82M | $34.94M | $32.51M | $30.54M | $32.75M | $33.13M | $31.16M | $33.52M | $29.62M | $33.59M | $30.94M | $30.47M | $25.40M | $30.08M | $28.50M | $27.70M | $24.28M | $24.97M | $20.50M | $22.71M | $15.01M | $11.84M | $3.54M | $30.10M | $15.24M | $16.90M |
| Low Forecast | $32.72M | $34.70M | $32.38M | $30.82M | $31.90M | $33.95M | $31.59M | $30.44M | $30.43M | $33.03M | $31.16M | $22.35M | $29.03M | $32.64M | $30.07M | $20.31M | $16.94M | $30.08M | $28.50M | $18.47M | $24.28M | $24.97M | $20.50M | $15.14M | $15.01M | $11.84M | $3.54M | $20.06M | $15.24M | $16.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.82% | 0.82% | 0.99% | 1.17% | 0.85% | 0.81% | 1.05% | 0.91% | 0.87% | 1.01% | 1.05% | 1.23% | 1.34% | 2.50% | 0.69% | 1.21% | 1.06% |
Monarch Casino & Resort's average Quarter SG&A projection for Mar 24 is $27.93M, based on 1 Wall Street analysts, with a range of $22.35M to $33.52M. The forecast indicates a -2.53% fall compared to MCRI last annual SG&A of $28.66M (Dec 23).
Monarch Casino & Resort EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.93 | $1.26 | $1.16 | $0.92 | $1.17 | $1.45 | $1.02 | $0.96 | $1.06 | $1.20 | $0.98 | $0.44 | $0.83 | $0.59 | $-0.24 | $0.11 | $0.34 | $0.52 |
| Avg Forecast | $1.08 | $1.46 | $1.20 | $0.98 | $1.18 | $1.47 | $1.20 | $1.01 | $1.10 | $1.37 | $1.11 | $0.99 | $1.02 | $1.42 | $1.17 | $0.98 | $1.21 | $1.21 | $1.06 | $0.91 | $0.90 | $0.99 | $0.66 | $0.40 | $0.54 | $0.19 | $-0.61 | $0.30 | $0.39 | $0.58 |
| High Forecast | $1.10 | $1.48 | $1.22 | $1.00 | $1.20 | $1.49 | $1.22 | $1.02 | $1.16 | $1.37 | $1.11 | $0.99 | $1.06 | $1.43 | $1.18 | $0.99 | $1.23 | $1.24 | $1.11 | $0.91 | $0.90 | $0.99 | $0.66 | $0.40 | $0.54 | $0.19 | $-0.61 | $0.30 | $0.39 | $0.58 |
| Low Forecast | $1.06 | $1.43 | $1.17 | $0.96 | $1.16 | $1.44 | $1.18 | $0.99 | $1.04 | $1.37 | $1.11 | $0.99 | $0.99 | $1.40 | $1.16 | $0.96 | $1.18 | $1.19 | $1.01 | $0.91 | $0.90 | $0.99 | $0.66 | $0.40 | $0.54 | $0.19 | $-0.61 | $0.30 | $0.39 | $0.58 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.89% | 0.99% | 0.94% | 0.97% | 1.19% | 0.96% | 1.05% | 1.18% | 1.21% | 1.48% | 1.10% | 1.54% | 3.10% | 0.39% | 0.36% | 0.88% | 0.89% |
According to 1 Wall Street analysts, Monarch Casino & Resort's projected average Quarter EPS for Mar 24 is $0.99, with a low estimate of $0.99 and a high estimate of $0.99. This represents a 6.23% increase compared to MCRI previous annual EPS of $0.93 (Dec 23).
Monarch Casino & Resort Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FLL | Full House Resorts | $4.20 | $13.00 | 209.52% | Buy |
| MLCO | Melco Resorts & Entertainment | $6.34 | $9.20 | 45.11% | Buy |
| CZR | Caesars Entertainment | $36.13 | $48.63 | 34.60% | Buy |
| CNTY | Century Casinos | $3.75 | $5.00 | 33.33% | Buy |
| PLYA | Playa Hotels & Resorts | $10.07 | $13.00 | 29.10% | Buy |
| RRR | Red Rock Resorts | $48.06 | $58.00 | 20.68% | Buy |
| GDEN | Golden Entertainment | $33.06 | $38.33 | 15.94% | Buy |
| HGV | Hilton Grand Vacations | $40.36 | $41.50 | 2.82% | Buy |
| BALY | Bally's | $17.74 | $18.17 | 2.42% | Hold |
| MCRI | Monarch Casino & Resort | $82.16 | $84.00 | 2.24% | Hold |