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 11.46% upside from MCRI’s last price of $75.36) 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 11.46% upside from MCRI's last price of $75.36.
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% | 2.18% |
| Jul 20, 2022 | - | Truist Financial | $85.00 | $61.08 | 39.16% | 12.79% |
| Apr 21, 2022 | - | Jefferies | $90.00 | $93.08 | -3.31% | 19.43% |
| Apr 19, 2022 | - | Truist Financial | $100.00 | $90.60 | 10.38% | 32.70% |
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 2.18% increase from MCRI last price ($75.36).
Monarch Casino & Resort Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $75.36 | $75.36 | $75.36 |
| 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 $75.36. 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 | Jul 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 | - | $108.32M | $111.07M | $111.63M | $97.72M | $74.96M | $58.38M | $59.87M | $15.16M | $51.01M | $62.08M | $65.58M |
| Avg Forecast | $134.07M | $139.12M | $134.29M | $127.39M | $131.75M | $137.62M | $130.21M | $123.90M | $128.64M | $134.38M | $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 | $135.61M | $140.71M | $135.83M | $128.85M | $133.26M | $139.19M | $131.71M | $125.32M | $130.12M | $135.78M | $127.65M | $123.62M | $119.96M | $135.98M | $125.27M | $115.48M | $122.55M | $123.22M | $115.43M | $107.31M | $98.80M | $101.60M | $83.41M | $66.28M | $61.09M | $48.17M | $14.41M | $56.14M | $62.02M | $68.78M |
| Low Forecast | $132.31M | $137.29M | $132.53M | $125.72M | $130.03M | $135.81M | $128.51M | $122.28M | $126.96M | $132.48M | $124.55M | $120.62M | $117.57M | $132.68M | $122.23M | $112.68M | $119.58M | $120.23M | $115.43M | $106.25M | $97.82M | $100.59M | $82.58M | $65.62M | $60.48M | $47.70M | $14.27M | $55.58M | $61.41M | $68.10M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.99% | 1.00% | 1.02% | 0.99% | 1.10% | - | 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 $120.62M, and a high forecast of $123.62M. 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $40.42M | $44.10M | $41.33M | $34.50M | $39.26M | $47.54M | - | $31.86M | $35.92M | $38.47M | $33.11M | $20.80M | $10.99M | $17.32M | $-1.65M | $5.93M | $11.59M | $15.21M |
| Avg Forecast | $36.73M | $38.11M | $36.78M | $34.90M | $36.09M | $37.70M | $35.67M | $33.94M | $35.24M | $36.81M | $34.57M | $36.80M | $32.46M | $36.83M | $33.93M | $33.46M | $33.19M | $35.48M | $31.62M | $30.42M | $31.13M | $32.26M | $22.23M | $19.76M | $16.66M | $17.32M | $-2.42M | $8.65M | $16.91M | $17.53M |
| High Forecast | $37.15M | $38.54M | $37.21M | $35.30M | $36.50M | $38.13M | $36.08M | $34.33M | $35.64M | $37.19M | $34.97M | $44.16M | $32.86M | $37.25M | $34.31M | $40.15M | $33.57M | $42.58M | $31.62M | $36.50M | $37.36M | $38.71M | $26.68M | $23.71M | $16.73M | $20.78M | $-1.94M | $10.38M | $16.99M | $21.03M |
| Low Forecast | $36.24M | $37.61M | $36.30M | $34.44M | $35.62M | $37.20M | $35.20M | $33.50M | $34.78M | $36.29M | $34.12M | $29.44M | $32.21M | $36.34M | $33.48M | $26.77M | $32.76M | $28.39M | $31.62M | $24.33M | $24.91M | $25.80M | $17.78M | $15.81M | $16.57M | $13.86M | $-2.90M | $6.92M | $16.82M | $14.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 1.20% | 1.22% | 1.03% | 1.18% | 1.34% | - | 1.05% | 1.15% | 1.19% | 1.49% | 1.05% | 0.66% | 1.00% | 0.68% | 0.69% | 0.69% | 0.87% |
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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $18.20M | $24.16M | $22.41M | $17.67M | $22.43M | $27.49M | - | $18.12M | $19.87M | $22.31M | $18.15M | $8.15M | $15.26M | $10.74M | $-4.35M | $2.02M | $6.20M | $9.33M |
| Avg Forecast | $21.65M | $25.59M | $23.11M | $19.00M | $23.14M | $27.21M | $22.93M | $19.53M | $21.64M | $26.11M | $21.17M | $20.93M | $19.47M | $27.09M | $22.35M | $19.02M | $23.04M | $20.58M | $20.78M | $17.29M | $17.22M | $18.71M | $12.19M | $7.75M | $10.54M | $10.74M | $-6.38M | $2.95M | $7.55M | $10.75M |
| High Forecast | $21.97M | $25.97M | $23.45M | $19.28M | $23.49M | $27.61M | $23.27M | $19.82M | $21.96M | $27.07M | $21.49M | $25.11M | $20.22M | $27.50M | $22.69M | $22.83M | $23.38M | $24.69M | $20.78M | $20.75M | $20.67M | $22.45M | $14.62M | $9.30M | $10.60M | $12.89M | $-5.10M | $3.54M | $7.60M | $12.90M |
| Low Forecast | $21.28M | $25.15M | $22.71M | $18.68M | $22.75M | $26.74M | $22.54M | $19.19M | $21.27M | $24.78M | $20.81M | $16.74M | $18.91M | $26.63M | $21.97M | $15.22M | $22.65M | $16.46M | $20.78M | $13.84M | $13.78M | $14.97M | $9.75M | $6.20M | $10.47M | $8.60M | $-7.66M | $2.36M | $7.50M | $8.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.89% | 1.00% | 0.93% | 0.97% | 1.34% | - | 1.05% | 1.15% | 1.19% | 1.49% | 1.05% | 1.45% | 1.00% | 0.68% | 0.69% | 0.82% | 0.87% |
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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $28.66M | $27.09M | $24.95M | $25.12M | $24.67M | $25.65M | - | $24.18M | $22.20M | $21.69M | $20.61M | $19.93M | $18.48M | $15.86M | $8.87M | $17.19M | $18.47M | $17.89M |
| Avg Forecast | $33.10M | $34.35M | $33.15M | $31.45M | $32.53M | $33.98M | $32.15M | $30.59M | $31.76M | $33.18M | $31.16M | $27.93M | $29.26M | $33.19M | $30.58M | $25.39M | $29.91M | $20.00M | $28.50M | $23.08M | $19.24M | $18.18M | $13.84M | $18.93M | $15.01M | $15.86M | $13.02M | $25.08M | $15.24M | $20.61M |
| High Forecast | $33.48M | $34.74M | $33.53M | $31.81M | $32.90M | $34.37M | $32.52M | $30.94M | $32.13M | $33.52M | $31.52M | $33.52M | $29.62M | $33.57M | $30.93M | $30.47M | $30.26M | $24.00M | $28.50M | $27.70M | $23.09M | $21.82M | $16.60M | $22.71M | $15.08M | $19.03M | $15.62M | $30.10M | $15.31M | $24.74M |
| Low Forecast | $32.67M | $33.90M | $32.72M | $31.04M | $32.10M | $33.53M | $31.73M | $30.19M | $31.35M | $32.71M | $30.75M | $22.35M | $29.03M | $32.76M | $30.18M | $20.31M | $29.52M | $16.00M | $28.50M | $18.47M | $15.40M | $14.55M | $11.07M | $15.14M | $14.93M | $12.68M | $10.41M | $20.06M | $15.16M | $16.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.82% | 0.82% | 0.99% | 0.82% | 1.28% | - | 1.05% | 1.15% | 1.19% | 1.49% | 1.05% | 1.23% | 1.00% | 0.68% | 0.69% | 1.21% | 0.87% |
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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.93 | $1.26 | $1.16 | $0.92 | $1.17 | $1.45 | - | $0.96 | $1.06 | $1.20 | $0.98 | $0.44 | $0.83 | $0.59 | $-0.24 | $0.11 | $0.34 | $0.52 |
| Avg Forecast | $1.13 | $1.34 | $1.21 | $1.00 | $1.21 | $1.43 | $1.20 | $1.02 | $1.13 | $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 | $1.15 | $1.36 | $1.23 | $1.01 | $1.23 | $1.45 | $1.22 | $1.04 | $1.15 | $1.42 | $1.13 | $1.00 | $1.06 | $1.44 | $1.19 | $0.99 | $1.22 | $1.23 | $1.06 | $0.92 | $0.90 | $1.00 | $0.67 | $0.40 | $0.54 | $0.19 | $-0.61 | $0.31 | $0.39 | $0.59 |
| Low Forecast | $1.11 | $1.32 | $1.19 | $0.98 | $1.19 | $1.40 | $1.18 | $1.01 | $1.11 | $1.30 | $1.09 | $0.97 | $0.99 | $1.40 | $1.15 | $0.96 | $1.19 | $1.19 | $1.06 | $0.91 | $0.89 | $0.98 | $0.66 | $0.40 | $0.53 | $0.19 | $-0.62 | $0.30 | $0.38 | $0.58 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.89% | 0.99% | 0.94% | 0.97% | 1.19% | - | 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 $0.97 and a high estimate of $1.00. 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 |
|---|---|---|---|---|---|
| CNTY | Century Casinos | $2.57 | $13.00 | 405.84% | Buy |
| FLL | Full House Resorts | $5.08 | $13.00 | 155.91% | Buy |
| CZR | Caesars Entertainment | $38.87 | $73.08 | 88.01% | Buy |
| MLCO | Melco Resorts & Entertainment | $5.71 | $9.72 | 70.23% | Buy |
| HGV | Hilton Grand Vacations | $36.93 | $56.25 | 52.32% | Buy |
| PLYA | Playa Hotels & Resorts | $7.77 | $11.00 | 41.57% | Buy |
| GDEN | Golden Entertainment | $32.58 | $41.00 | 25.84% | Buy |
| MCRI | Monarch Casino & Resort | $75.36 | $84.00 | 11.46% | Hold |
| RRR | Red Rock Resorts | $54.20 | $60.29 | 11.24% | Buy |
| BALY | Bally's | $17.31 | $18.10 | 4.56% | Hold |
| BVH | Bluegreen Vacations | $75.00 | $45.00 | -40.00% | - |
MCRI Forecast FAQ
Is Monarch Casino & Resort a good buy?
No, according to 1 Wall Street analysts, Monarch Casino & Resort (MCRI) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of MCRI's total ratings.
What is MCRI's price target?
Monarch Casino & Resort (MCRI) average price target is $84 with a range of $77 to $90, implying a 11.46% from its last price of $75.36. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Monarch Casino & Resort stock go up soon?
According to Wall Street analysts' prediction for MCRI stock, the company can go up by 11.46% (from the last price of $75.36 to the average price target of $84), up by 19.43% based on the highest stock price target, and up by 2.18% based on the lowest stock price target.
Can Monarch Casino & Resort stock reach $110?
MCRI's average twelve months analyst stock price target of $84 does not support the claim that Monarch Casino & Resort can reach $110 in the near future.
What are Monarch Casino & Resort's analysts' financial forecasts?
Monarch Casino & Resort's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $523.49M (high $529.49M, low $516.63M), average EBITDA is $143.4M (high $145.04M, low $141.52M), average net income is $92.81M (high $94.19M, low $91.23M), average SG&A $129.25M (high $130.73M, low $127.55M), and average EPS is $4.86 (high $4.93, low $4.78). MCRI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $534.86M (high $540.99M, low $527.85M), average EBITDA is $146.51M (high $148.19M, low $144.59M), average net income is $89.34M (high $90.67M, low $87.82M), average SG&A $132.05M (high $133.57M, low $130.32M), and average EPS is $4.68 (high $4.75, low $4.6).
Did the MCRI's actual financial results beat the analysts' financial forecasts?
Based on Monarch Casino & Resort's last annual report (Dec 2023), the company's revenue was $501.48M, beating the average analysts forecast of $490.96M by 2.14%. Apple's EBITDA was $163.36M, beating the average prediction of $136.67M by 19.53%. The company's net income was $82.45M, missing the average estimation of $87.95M by -6.25%. Apple's SG&A was $105.82M, missing the average forecast of $118.42M by -10.64%. Lastly, the company's EPS was $4.2, missing the average prediction of $4.59 by -8.43%. In terms of the last quarterly report (Dec 2023), Monarch Casino & Resort's revenue was $128.19M, beating the average analysts' forecast of $118.5M by 8.18%. The company's EBITDA was $40.42M, beating the average prediction of $32.46M by 24.53%. Monarch Casino & Resort's net income was $18.2M, missing the average estimation of $19.47M by -6.53%. The company's SG&A was $28.66M, missing the average forecast of $29.26M by -2.05%. Lastly, the company's EPS was $0.93, missing the average prediction of $1.02 by -8.83%