How to Buy Monarch Casino & Resort Stock

Step 1: Figure out where to buy Monarch Casino & Resort stock

You will need a brokerage account to access the NASDAQ market and buy MCRI stock.

Step 2: Open your brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal information so you are able to buy MCRI today.

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1. Click here to get started.
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2. Input your personal details to start your new brokerage account.

3. Send your information by clicking the "Create Account" button.
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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your investment account

Now that you have finished signing up on the best app for stock investing, you need to deposit funds:

Check out this video walkthrough if you need help depositing money into your new investment account.

Step 4: Evaluate Monarch Casino & Resort stock

Once you have chosen the best place to buy Monarch Casino & Resort stock, it's very important to analyze their stock before you buy, so you actually understand the risk and upside.

Monarch Casino & Resort stock at a glance

MCRI Due Diligence Checks

WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on MCRI's stock page.

Is MCRI stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MCRI's intrinsic value.

Using relative valuations ratios:

• MCRI may be overvalued based on its P/E ratio of 18.92x, relative to Resorts & Casinos industry P/E ratio of 16.59x
• MCRI could be undervalued based on its P/B ratio of 3.12x, relative to Resorts & Casinos industry P/B ratio of 5.04x
• MCRI may be overvalued based on its PEG ratio of 4.81x

You can do more valuation analysis on MCRI's stock here.

MCRI Financial Overview

Positive Financial Indicators:

• Total MCRI debt is lower than 5 years ago, relative to shareholder equity.
• There are more short-term assets than long-term liabilities on the MCRI balance sheet.
• MCRI earnings of $113.98M is not enough to cover its interest payments.
• MCRI has a low debt to equity ratio of 0.31.
• MCRI's operating cash flow of $141.55M allows it to safely service it's debt of $21.30M.

Negative Financial Indicators:

• There are more short-term liabilities than short-term assets on the MCRI balance sheet.
• MCRI profit margin has gone down from 17.6% to 16.8% in the past year.

Is it a good time to buy MCRI stock, according to analysts?

Out of 3 Wall Street analysts who research MCRI, the consensus analyst rating on Monarch Casino & Resort is a Hold

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Monarch Casino & Resort stock forecast page.

MCRI Momentum

MCRI Performance Numbers

Last year, MCRI earnings were $86.76M. In the last five year, MCRI's earnings have gone up by 20.24% per year. This was faster than the Resorts & Casinos industry average of 10.45%.

Last year, MCRI revenue was $515.86M. In the past 5 year, MCRI's revenue has increased by 15.88% per year. This was faster than the Resorts & Casinos industry average of 3.8%.

You can research MCRI's earnings and revenue performance here.

Latest Insiders Trades at MCRI

Over the past 12 months, executives and large shareholders at MCRI have bought more shares than they have sold.

Bob Farahi, President of MCRI, was the latest MCRI insider to sell. They sold $2,268,368.86 worth of MCRI stock on Jul 30, 2024.

Learn more about who owns MCRI shares here.

Does MCRI provide a stable income stream?

Monarch Casino & Resort pays a dividend of 1.38%, compared to the Resorts & Casinos industry's average dividend yield of 2.1%. If you owned $1,000 of MCRI stock, you would have received $13.79 last year.

Find more data about Monarch Casino & Resort dividend yield and history here.

What do other traders have to say about MCRI?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your MCRI trade

You have two primary types of orders:

• Market order: A market order is an order to buy or sell a security at the best available price.
  Market orders are mostly fine.
• Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
  If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.

Press the Open button and eToro will execute your order.

If you want more info about buying stocks on eToro, watch the helpful video below:

Step 6: Get the latest news on your MCRI position

Now that you own some MCRI stock, you'll want to stay up-to-date on your stock purchase.

Create a watchlist to get alerted to the latest events about your MCRI stock.

How to Buy Stock in Monarch Casino & Resort

To summarize, here are the 6 steps to buy Monarch Casino & Resort stock:

1. Figure out where to buy Monarch Casino & Resort stock
2. Open your brokerage account
3. Deposit funds into your investment account
4. Evaluate Monarch Casino & Resort stock
5. Place your MCRI trade
6. Get the latest news on your MCRI position

If you are looking for a brokerage account, eToro is our recommended option.

If you want to get updates on your new investment in Monarch Casino & Resort, hit the button below to create your watchlist.

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