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NASDAQ: MCRI
Monarch Casino & Resort Inc Stock

$69.09+0.36 (+0.52%)
Updated Feb 23, 2024
MCRI Price
$69.09
Fair Value Price
N/A
Market Cap
$1.32B
52 Week Low
$56.25
52 Week High
$78.81
P/E
15.32x
P/B
2.62x
P/S
2.42x
PEG
N/A
Dividend Yield
8.54%
Revenue
$493.83M
Earnings
$86.68M
Gross Margin
55.8%
Operating Margin
22.85%
Profit Margin
17.6%
Debt to Equity
0.32
Operating Cash Flow
$168M
Beta
1.36
Next Earnings
Apr 17, 2024
Ex-Dividend
Feb 29, 2024
Next Dividend
Mar 15, 2024

MCRI Overview

Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. As of December 31, 2021, its 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. The company's Atlantis Casino Resort Spa also featured approximately 1,400 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. In addition, its Monarch Casino Resort Spa Black Hawk featured approximately 60,000 square feet of casino space; approximately 1,100 slot machines; approximately 40 table games; 10 bars and lounges; 4 dining options; 516 guest rooms and suites; banquet and meeting room space; a retail store; a concierge lounge; an upscale spa and pool facility; and a nine-story parking structure with approximately 1,350 spaces, as well as valet parking with a total parking capacity to approximately 1,500 spaces. The company was founded in 1972 and is based in Reno, Nevada.

Zen Score

Industry Average (28)
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Due Diligence Checks

MCRI is forecast by analysts to be unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MCRI is good value based on its earnings relative to its share price (15.32x), compared to the US market average (33.56x)
P/E vs Market Valuation
MCRI is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more MCRI due diligence checks available for Premium users.

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MCRI News

Valuation

MCRI fair value

Fair Value of MCRI stock based on Discounted Cash Flow (DCF)
Price
$69.09
Fair Value
-$59.21
Undervalued by
216.69%
MCRI is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MCRI price to earnings (PE)

For valuing profitable companies with steady earnings
Company
15.32x
Industry
21.64x
Market
33.56x
MCRI is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MCRI is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

MCRI price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.62x
Industry
4.69x
MCRI is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MCRI's financial health

Profit margin

Revenue
$133.0M
Net Income
$24.2M
Profit Margin
18.2%
MCRI's Earnings (EBIT) of $112.85M... subscribe to Premium to read more.
Interest Coverage Financials
MCRI's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$664.3M
Liabilities
$161.8M
Debt to equity
0.32
MCRI's short-term liabilities ($116.55M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MCRI's short-term assets ($62.69M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MCRI's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
MCRI's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$46.5M
Investing
-$9.0M
Financing
-$38.7M
MCRI's operating cash flow ($167.99M)... subscribe to Premium to read more.
Debt Coverage Financials

MCRI vs Casino Stocks

TickerMarket Cap1d %P/EP/B
MCRI$1.32B+0.52%15.32x2.62x
PLYA$1.25B+3.40%25.33x2.25x
MSC$1.42B0.00%-6.52x2.10x
GDEN$1.05B+1.55%3.83x1.93x
BALY$467.63M-2.47%-1.53x0.52x

Monarch Casino & Resort Stock FAQ

What is Monarch Casino & Resort's quote symbol?

(NASDAQ: MCRI) Monarch Casino & Resort trades on the NASDAQ under the ticker symbol MCRI. Monarch Casino & Resort stock quotes can also be displayed as NASDAQ: MCRI.

If you're new to stock investing, here's how to buy Monarch Casino & Resort stock.

What is the 52 week high and low for Monarch Casino & Resort (NASDAQ: MCRI)?

(NASDAQ: MCRI) Monarch Casino & Resort's 52-week high was $78.81, and its 52-week low was $56.25. It is currently -12.33% from its 52-week high and 22.83% from its 52-week low.

How much is Monarch Casino & Resort stock worth today?

(NASDAQ: MCRI) Monarch Casino & Resort currently has 19,067,522 outstanding shares. With Monarch Casino & Resort stock trading at $69.09 per share, the total value of Monarch Casino & Resort stock (market capitalization) is $1.32B.

Monarch Casino & Resort stock was originally listed at a price of $2.75 in Dec 31, 1997. If you had invested in Monarch Casino & Resort stock at $2.75, your return over the last 26 years would have been 2,412.36%, for an annualized return of 13.2% (not including any dividends or dividend reinvestments).

How much is Monarch Casino & Resort's stock price per share?

(NASDAQ: MCRI) Monarch Casino & Resort stock price per share is $69.09 today (as of Feb 23, 2024).

What is Monarch Casino & Resort's Market Cap?

(NASDAQ: MCRI) Monarch Casino & Resort's market cap is $1.32B, as of Feb 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Monarch Casino & Resort's market cap is calculated by multiplying MCRI's current stock price of $69.09 by MCRI's total outstanding shares of 19,067,522.
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