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NASDAQ: MCRI
Monarch Casino & Resort Inc Stock Forecast, Predictions & Price Target

Analyst price target for MCRI

Based on 2 analysts offering 12 month price targets for Monarch Casino & Resort Inc.
Min Forecast
$70.00+1.32%
Avg Forecast
$72.00+4.21%
Max Forecast
$74.00+7.11%

Should I buy or sell MCRI stock?

Based on 2 analysts offering ratings for Monarch Casino & Resort Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
2 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MCRI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-15
lockedlocked$00.00+00.00%2024-01-05

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Forecast return on equity

Is MCRI forecast to generate an efficient return?
Company
N/A
Industry
0.54%
Market
28.88%

Forecast return on assets

Is MCRI forecast to generate an efficient return on assets?
Company
N/A
Industry
0.12%

MCRI revenue forecast

What is MCRI's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$510.8M+3.44%
Avg 2 year Forecast
$521.2M+5.54%
MCRI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MCRI earnings growth forecast

How is MCRI forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
-20.84%
Industry
3.07%
Market
72.91%
MCRI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MCRI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MCRI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MCRI revenue growth forecast

How is MCRI forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
3.44%
Industry
10.68%
Market
47.65%
MCRI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MCRI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MCRI vs Casino Stocks

TickerPricePrice TargetUp/downsideConsensus
MCRI$69.09$72.00+4.21%Hold
PLYA$9.12N/AN/A
MSC$6.75N/AN/A
GDEN$36.76N/AN/A
BALY$10.25$11.20+9.27%Hold

Monarch Casino & Resort Stock Forecast FAQ

Is Monarch Casino & Resort Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: MCRI) stock is to Hold MCRI stock.

Out of 2 analysts, 0 (0%) are recommending MCRI as a Strong Buy, 0 (0%) are recommending MCRI as a Buy, 2 (100%) are recommending MCRI as a Hold, 0 (0%) are recommending MCRI as a Sell, and 0 (0%) are recommending MCRI as a Strong Sell.

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

What is MCRI's revenue growth forecast for 2024-2025?

(NASDAQ: MCRI) Monarch Casino & Resort's forecast annual revenue growth rate of 3.44% is not forecast to beat the US Resorts & Casinos industry's average forecast revenue growth rate of 10.68%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 47.65%.

Monarch Casino & Resort's revenue in 2024 is $493,828,000.On average, 3 Wall Street analysts forecast MCRI's revenue for 2024 to be $9,739,690,238, with the lowest MCRI revenue forecast at $9,640,539,123, and the highest MCRI revenue forecast at $9,833,121,095.

In 2025, MCRI is forecast to generate $9,937,344,171 in revenue, with the lowest revenue forecast at $9,867,442,635 and the highest revenue forecast at $10,060,024,607.

What is MCRI's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: MCRI) forecast ROA is N/A, which is lower than the forecast US Resorts & Casinos industry average of 0.12%.

What is MCRI's Price Target?

According to 2 Wall Street analysts that have issued a 1 year MCRI price target, the average MCRI price target is $72.00, with the highest MCRI stock price forecast at $74.00 and the lowest MCRI stock price forecast at $70.00.

On average, Wall Street analysts predict that Monarch Casino & Resort's share price could reach $72.00 by Feb 15, 2025. The average Monarch Casino & Resort stock price prediction forecasts a potential upside of 4.21% from the current MCRI share price of $69.09.

What is MCRI's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: MCRI) forecast ROE is N/A, which is considered weak.
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