Monarch Casino & Resort, Inc.

NasdaqGS:MCRI Stock Report

Market Cap: US$2.1b

Monarch Casino & Resort Future Growth

Future criteria checks 1/6

Monarch Casino & Resort is forecast to grow earnings and revenue by 5.6% and 1.7% per annum respectively. EPS is expected to grow by 8% per annum. Return on equity is forecast to be 18.6% in 3 years.

Key information

5.6%

Earnings growth rate

8.03%

EPS growth rate

Hospitality earnings growth18.2%
Revenue growth rate1.7%
Future return on equity18.60%
Analyst coverage

Good

Last updated22 Apr 2026

Recent future growth updates

Analysis Article Feb 14

Monarch Casino & Resort, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a good week for Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) shareholders, because the company has just...
Analysis Article Jul 27

Earnings Beat: Monarch Casino & Resort, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

It's been a pretty great week for Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) shareholders, with its shares surging...
Analysis Article Feb 17

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Last week, you might have seen that Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) released its annual result to the...

Recent updates

Seeking Alpha Apr 24

Monarch Casino: The Crown Is Earned, Now It Needs A Kingdom To Conquer (Rating Downgrade)

Summary Monarch Casino has delivered a ~58% return in under two years, outperforming peers with robust organic growth and margin expansion. MCRI reported Q1 revenue up nearly 9% to $136.6M and EBITDA margin of 36.5%, both exceeding historical averages and indicating pricing power. With strong FCF, no long-term debt, and M&A optionality, MCRI trades at a premium FCF yield (~6.7%) versus peers, justifying prior bullishness. I downgrade to 'Hold' as MCRI now trades near fair value; further upside likely requires a new M&A catalyst rather than continued organic outperformance. Read the full article on Seeking Alpha
Analysis Article Feb 04

Monarch Casino & Resort (NASDAQ:MCRI) Is Achieving High Returns On Its Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article Oct 28

Monarch Casino & Resort's (NASDAQ:MCRI) Dividend Will Be $0.30

The board of Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) has announced that it will pay a dividend of $0.30 per share...
Analysis Article Oct 13

We Like Monarch Casino & Resort's (NASDAQ:MCRI) Returns And Here's How They're Trending

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Sep 24

Is It Time To Consider Buying Monarch Casino & Resort, Inc. (NASDAQ:MCRI)?

Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ), is not the largest company out there, but it received a lot of attention...
Analysis Article Jul 23

Monarch Casino & Resort, Inc.'s (NASDAQ:MCRI) 26% Share Price Surge Not Quite Adding Up

Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) shares have continued their recent momentum with a 26% gain in the last...
Analysis Article May 13

An Intrinsic Calculation For Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Suggests It's 49% Undervalued

Key Insights The projected fair value for Monarch Casino & Resort is US$160 based on 2 Stage Free Cash Flow to Equity...
Seeking Alpha Mar 21

Monarch Casino: Still The Hidden Gem Outside Vegas

Summary Monarch Casino & Resort has shown strong financial performance with a 4.1% increase in top-line sales and a 5.5% rise in EBITDA in FY 2024. The company has successfully expanded and renovated its Black Hawk property, enhancing its competitive position and boosting occupancy and ADR rates. Monarch's solid financial health, zero long-term debt, and consistent cash flow enable continued shareholder returns through buybacks and dividends. I reiterate a 'Buy' recommendation for Monarch Casino with a price target of $94, reflecting a 14.6% upside from current levels. Read the full article on Seeking Alpha
Analysis Article Feb 15

Monarch Casino & Resort's (NASDAQ:MCRI) Dividend Will Be $0.30

The board of Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) has announced that it will pay a dividend on the 15th of...
Analysis Article Feb 14

Monarch Casino & Resort, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a good week for Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) shareholders, because the company has just...
Analysis Article Feb 13

Should You Investigate Monarch Casino & Resort, Inc. (NASDAQ:MCRI) At US$92.57?

While Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) might not have the largest market cap around , it saw a...
Analysis Article Jan 15

Is Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Trading At A 48% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Monarch Casino & Resort fair value estimate is US$157 Monarch...
Analysis Article Dec 18

Monarch Casino & Resort, Inc.'s (NASDAQ:MCRI) Share Price Not Quite Adding Up

It's not a stretch to say that Monarch Casino & Resort, Inc.'s ( NASDAQ:MCRI ) price-to-earnings (or "P/E") ratio of...
Analysis Article Oct 24

Monarch Casino & Resort (NASDAQ:MCRI) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha Oct 08

Monarch Casino: Organic Earnings Expectations And Valuation Match

Summary Monarch Casino & Resort has managed to grow well historically through expansion of the company's two casinos in areas with aiding population growth. The future growth outlook is more uncertain as space for the two casinos' expansion is getting smaller and as the soon-to-be-reported Q3 is pressured by macro headwinds. Without accretive M&A targets being acquired, the MCRI stock's fantastic ten-year run seems to have left the stock fairly valued. Read the full article on Seeking Alpha
Analysis Article Oct 01

Why Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Could Be Worth Watching

While Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) might not have the largest market cap around , it saw a decent...
Analysis Article Jul 27

Earnings Beat: Monarch Casino & Resort, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

It's been a pretty great week for Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) shareholders, with its shares surging...
Analysis Article Apr 22

Monarch Casino & Resort (NASDAQ:MCRI) Has Announced A Dividend Of $0.30

The board of Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) has announced that it will pay a dividend on the 15th of...
Seeking Alpha Apr 02

Monarch Casino & Resort: Stable Profitability With Acceptable Margins

Summary Monarch Casino & Resort provides gaming, hotel, and hospitality services in the USA through its Atlantis Casino Resort Spa and Black Hawk Resort Spa. Atlantis Casino Resort Spa has the highest payout rates in Northern Nevada, ensuring robust demand. Monarch has expansion plans for its Nevada unit and aims to target the thriving market in the Denver metropolitan area. Read the full article on Seeking Alpha
Analysis Article Mar 25

Does Monarch Casino & Resort (NASDAQ:MCRI) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 17

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Last week, you might have seen that Monarch Casino & Resort, Inc. ( NASDAQ:MCRI ) released its annual result to the...
Seeking Alpha Jan 15

Monarch Casino Will Grow With The Eventual Reversion Of Consumer Spending

Summary Monarch Casino & Resort reports Q3'23 revenues of $132.97mn, a slight YoY decline. MCRI maintains a fourfold investment thesis centered around location advantage, growth opportunities, operations track record, and strong financial profile. The Company is undervalued and positioned for greater share price growth compared to peers due to consumer purchasing power and growth opportunities. Read the full article on Seeking Alpha
Analysis Article Jan 04

Monarch Casino & Resort (NASDAQ:MCRI) Is Very Good At Capital Allocation

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article Dec 14

Is Monarch Casino & Resort (NASDAQ:MCRI) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 18

Returns On Capital Are A Standout For Monarch Casino & Resort (NASDAQ:MCRI)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...

Earnings and Revenue Growth Forecasts

NasdaqGS:MCRI - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028590128170N/A3
12/31/20275841231611886
12/31/20265721201611896
3/31/2026556109155177N/A
12/31/2025545101128165N/A
9/30/202554083122164N/A
6/30/202553579104149N/A
3/31/20255267489139N/A
12/31/20245227393141N/A
9/30/20245168789142N/A
6/30/20245118391148N/A
3/31/20245068398150N/A
12/31/202350182124173N/A
9/30/202349487128168N/A
6/30/202349590131167N/A
3/31/202348687126166N/A
12/31/202247887100140N/A
9/30/20224688587138N/A
6/30/20224468072134N/A
3/31/20224297886142N/A
12/31/20213956881128N/A
9/30/20213436423108N/A
6/30/2021291521497N/A
3/31/202120830-2361N/A
12/31/202018424-5731N/A
9/30/202018815-1535N/A
6/30/202019413-4722N/A
3/31/202024127-5642N/A
12/31/201924932N/A63N/A
9/30/201924733N/A62N/A
6/30/201924634N/A62N/A
3/31/201924334N/A59N/A
12/31/201824034N/A59N/A
9/30/201823731N/A60N/A
6/30/201823529N/A60N/A
3/31/201823427N/A52N/A
12/31/201723126N/A49N/A
9/30/201723028N/A49N/A
6/30/201722426N/A45N/A
3/31/201722125N/A43N/A
12/31/201621725N/A44N/A
9/30/201621323N/A39N/A
6/30/201620922N/A40N/A
3/31/201620521N/A41N/A
12/31/201520221N/A38N/A
9/30/201519719N/A37N/A
6/30/201519217N/A32N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MCRI's forecast earnings growth (5.6% per year) is above the savings rate (3.5%).

Earnings vs Market: MCRI's earnings (5.6% per year) are forecast to grow slower than the US market (16.8% per year).

High Growth Earnings: MCRI's earnings are forecast to grow, but not significantly.

Revenue vs Market: MCRI's revenue (1.7% per year) is forecast to grow slower than the US market (11.7% per year).

High Growth Revenue: MCRI's revenue (1.7% 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 (18.6%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/17 13:11
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Monarch Casino & Resort, Inc. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Maxwell James MarshCBRE Securities
Gregg KleinImperial Capital
David KatzJefferies LLC