Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada.
Monarch Casino & Resort Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$73.74|
|52 Week High||US$40.19|
|52 Week Low||US$76.00|
|1 Month Change||9.12%|
|3 Month Change||18.69%|
|1 Year Change||75.57%|
|3 Year Change||90.99%|
|5 Year Change||219.50%|
|Change since IPO||1,834.16%|
Recent News & Updates
Is Now The Time To Look At Buying Monarch Casino & Resort, Inc. (NASDAQ:MCRI)?
Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ), might not be a large cap stock, but it received a lot of attention from...
Monarch Casino: Moving Closer To An Acquisition Strategy As It Absorbs Its Profitable Colorado Expansion
MCRI stock is up 168% since our first bullish call in 2016. Shareholder returns have hit 40% in last year alone. Even at $67 a share, it still trades at 44.2% below the fair value estimate from Simply Wall Street.
An Intrinsic Calculation For Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Suggests It's 40% Undervalued
How far off is Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) from its intrinsic value? Using the most recent financial...
|MCRI||US Hospitality||US Market|
Return vs Industry: MCRI exceeded the US Hospitality industry which returned 33.7% over the past year.
Return vs Market: MCRI exceeded the US Market which returned 33.4% over the past year.
Stable Share Price: MCRI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MCRI's weekly volatility (5%) has been stable over the past year.
About the Company
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 Resort Spa Black Hawk in Black Hawk, Colorado. As of February 24, 2021, the company’s 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.
Monarch Casino & Resort Fundamentals Summary
|MCRI fundamental statistics|
Is MCRI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MCRI income statement (TTM)|
|Cost of Revenue||US$136.82m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.43|
|Net Profit Margin||18.64%|
How did MCRI perform over the long term?See historical performance and comparison
Is Monarch Casino & Resort undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MCRI ($73.74) is trading below our estimate of fair value ($120.46)
Significantly Below Fair Value: MCRI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MCRI is good value based on its PE Ratio (21.5x) compared to the US Hospitality industry average (26.8x).
PE vs Market: MCRI is poor value based on its PE Ratio (21.5x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: MCRI is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: MCRI is good value based on its PB Ratio (3.2x) compared to the US Hospitality industry average (3.7x).
How is Monarch Casino & Resort forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCRI's forecast earnings growth (15.5% per year) is above the savings rate (2%).
Earnings vs Market: MCRI's earnings (15.5% per year) are forecast to grow faster than the US market (14.7% per year).
High Growth Earnings: MCRI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MCRI's revenue (8.8% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: MCRI's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MCRI's Return on Equity is forecast to be low in 3 years time (14.7%).
How has Monarch Casino & Resort performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCRI has high quality earnings.
Growing Profit Margin: MCRI's current net profit margins (18.6%) are higher than last year (7.8%).
Past Earnings Growth Analysis
Earnings Trend: MCRI's earnings have grown by 9.4% per year over the past 5 years.
Accelerating Growth: MCRI's earnings growth over the past year (337.1%) exceeds its 5-year average (9.4% per year).
Earnings vs Industry: MCRI earnings growth over the past year (337.1%) exceeded the Hospitality industry 81.9%.
Return on Equity
High ROE: MCRI's Return on Equity (15.1%) is considered low.
How is Monarch Casino & Resort's financial position?
Financial Position Analysis
Short Term Liabilities: MCRI's short term assets ($75.8M) do not cover its short term liabilities ($135.4M).
Long Term Liabilities: MCRI's short term assets ($75.8M) do not cover its long term liabilities ($112.6M).
Debt to Equity History and Analysis
Debt Level: MCRI's debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: MCRI's debt to equity ratio has increased from 13.3% to 24.9% over the past 5 years.
Debt Coverage: MCRI's debt is well covered by operating cash flow (91.4%).
Interest Coverage: MCRI's interest payments on its debt are well covered by EBIT (16.8x coverage).
What is Monarch Casino & Resort current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCRI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MCRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCRI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MCRI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Farahi (73 yo)
Mr. John Farahi has been Co-Chairman of the Board and Chief Executive Officer of Monarch Casino & Resort, Inc. since its inception, and of Golden Road Motor Inn, Inc. (“Golden Road”) since June 1993. Mr. F...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.25M) is below average for companies of similar size in the US market ($USD3.48M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
Experienced Management: MCRI's management team is seasoned and experienced (9 years average tenure).
Experienced Board: MCRI's board of directors are seasoned and experienced ( 23.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
Monarch Casino & Resort, Inc.'s employee growth, exchange listings and data sources
- Name: Monarch Casino & Resort, Inc.
- Ticker: MCRI
- Exchange: NasdaqGS
- Founded: 1972
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: US$1.372b
- Shares outstanding: 18.60m
- Website: https://www.monarchcasino.com
Number of Employees
- Monarch Casino & Resort, Inc.
- 3800 South Virginia Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 22:33|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.