Symbols / MCRI Stock $117.09 -0.45% Monarch Casino & Resort, Inc.

Consumer Cyclical • Resorts & Casinos • United States • NMS
MCRI (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Consumer Cyclical
Industry Resorts & Casinos
CEO Mr. John Farahi
Exch · Country NMS · United States
Market Cap 2.08B
Enterprise Value 1.97B
Income 109.12M
Sales 556.28M
FCF (ttm) 131.55M
Book/sh 31.00
Cash/sh 6.77
Employees 2,740
Insider 10d —
IPO Aug 06, 1993
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 20.34%
P/E 19.85
Forward P/E 17.19
PEG 1.07
P/S 3.74
P/B 3.78
P/C —
EV/EBITDA 9.98
EV/Sales 3.54
Quick Ratio 0.86
Current Ratio 0.98
Debt/Eq 2.37
LT Debt/Eq —
EPS (ttm) 5.90
EPS next Y 6.81
EPS Growth 44.80%
Revenue Growth 8.90%
EPS Gr Q/Q 38.90%
Rev Gr Q/Q —
Earnings (next) 2026-07-15
Earnings (prior) 2026-04-21
ROA 12.71%
ROE 20.11%
ROIC —
Gross Margin 68.13%
Oper. Margin 25.75%
Profit Margin 19.62%
Shs Outstand 17.75M
Shs Float 11.89M
Insider Own 32.82%
Instit Own 64.49%
Short Float 2.30%
Short Ratio 2.17
Short Interest 266.35K
52W High 120.63
vs 52W High -2.93%
52W Low 77.20
vs 52W Low 51.67%
Beta 1.36
Impl. Vol. 58.84%
Rel Volume 0.92
Avg Volume 138.38K
Volume 127.73K
Target (mean) $113.17
Tgt Median $116.50
Tgt Low $99.00
Tgt High $125.00
# Analysts 6
Recom Buy
Prev Close $117.62
Price $117.09
Change -0.45%
About

Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates hotels and casinos. It owns and operates hotels and casinos under the Atlantis Casino Resort Spa in Reno, Nevada and the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. The company also owns separate parcels of land. In addition, it owns and operates The Toucan Charlie's Buffet & Grille, which offers a variety of food selections; The Atlantis Steakhouse, a fine dining destination; The Bistro Napa, which features wine country cuisine; The Oyster Bar on the Sky Terrace, which offers pan roasts made-to-order, fresh seafood, cioppino, house made chowder, and bisques; Sushi Bar, which serves sushi rolls; The Purple Parrot coffee shop, which serves breakfast and American comfort food; The Red Bloom Asian kitchen, which offers Asian dishes; The Manhattan Deli, which offers matzo ball soup, piled high sandwiches, salads, house made soups, bagels and lox, New York style pizza, and New York cheesecake; and The Chicago Dogs Eatery, a snack bar that serves Chicago-style hot dogs, pizza, ice cream, and arcade-style refreshments, as well as two gourmet coffee bars that offer coffee drinks, sandwiches, house made gelato, and freshly baked pastries. Monarch Casino & Resort, Inc. was incorporated in 1993 and is based in Reno, Nevada.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$113.17
Mean price target
2. Current target
$117.09
Latest analyst target
3. DCF / Fair value
$133.41
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$117.09
Low
$99.00
High
$125.00
Mean
$113.17

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-22 main Macquarie Neutral → Neutral $120
2026-04-22 main Wells Fargo Equal-Weight → Equal-Weight $99
2026-04-22 main Stifel Hold → Hold $102
2026-04-22 main Truist Securities Buy → Buy $125
2026-04-16 main Wells Fargo Equal-Weight → Equal-Weight $97
2026-02-05 main Wells Fargo Equal-Weight → Equal-Weight $93
2025-10-22 main Wells Fargo Equal-Weight → Equal-Weight $91
2025-10-22 main Stifel Hold → Hold $97
2025-07-17 main Stifel Hold → Hold $92
2025-07-17 main Truist Securities Buy → Buy $120
2025-07-17 up Wells Fargo Underweight → Equal-Weight $89
2025-07-16 main Truist Securities Buy → Buy $105
2025-04-23 main Macquarie Neutral → Neutral $92
2025-04-23 main Stifel Hold → Hold $81
2025-04-23 main Truist Securities Buy → Buy $100
2025-02-12 main Wells Fargo Underweight → Underweight $82
2025-02-12 main Stifel Hold → Hold $90
2025-01-14 up Truist Securities Hold → Buy $100
2025-01-03 main Jefferies Hold → Hold $88
2024-12-16 init Wells Fargo — → Underweight $79
News
RSS: Latest MCRI news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-28 FARAHI JOHN Chief Executive Officer — 200,000 $23.08 $7,214,685
2026-04-23 FARAHI BAHRAM President — 66,667 — —
2026-03-16 FARAHI JOHN Chief Executive Officer — 3,000 $97.43 $295,430
2025-12-17 FARAHI JOHN Chief Executive Officer — 6,000 $100.63 $619,480
2025-09-29 FARAHI JOHN Chief Executive Officer — 13,806 $104.60 $1,444,108
2025-07-22 FARAHI JOHN Chief Executive Officer — 2,000 $105.78 $211,560
2025-07-22 SULLIVAN CRAIG F Director — 12,200 $105.55 $1,287,710
2025-07-21 FARAHI JOHN Chief Executive Officer — 66,666 $17.62 $1,174,655
2025-01-03 FARAHI JOHN Chief Executive Officer — 3,000 $76.50 $230,700
2024-10-23 FARAHI JOHN Chief Executive Officer — 27,968 $76.52 $2,140,111
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
545.12
+4.39%
522.19
+4.13%
501.48
+4.94%
477.87
Operating Revenue
520.20
+4.53%
497.64
+3.70%
479.91
+4.53%
459.09
Cost Of Revenue
245.07
+1.53%
241.37
+3.90%
232.30
+6.43%
218.28
Reconciled Cost Of Revenue
245.07
+1.53%
241.37
+3.90%
232.30
+6.43%
218.28
Gross Profit
300.05
+6.85%
280.82
+4.32%
269.18
+3.69%
259.59
Operating Expense
172.56
-8.37%
188.31
+18.42%
159.02
+7.34%
148.15
Selling General And Administration
109.38
+1.01%
108.29
+2.33%
105.82
+8.42%
97.60
Other Operating Expenses
9.16
-68.05%
28.67
+385.08%
5.91
-16.94%
7.12
Total Expenses
417.63
-2.81%
429.68
+9.80%
391.33
+6.79%
366.43
Operating Income
127.50
+37.83%
92.50
-16.02%
110.15
-1.16%
111.44
Total Operating Income As Reported
127.50
+37.83%
92.50
-16.02%
110.15
-1.16%
111.44
EBITDA
181.52
+26.17%
143.86
-8.63%
157.45
+1.66%
154.88
Normalized EBITDA
181.52
+26.17%
143.86
-8.63%
157.45
+1.66%
154.88
Reconciled Depreciation
54.02
+5.19%
51.36
+8.60%
47.29
+8.89%
43.43
EBIT
127.50
+37.83%
92.50
-16.02%
110.15
-1.16%
111.44
Net Income
101.39
+39.33%
72.77
-11.74%
82.45
-5.75%
87.48
Pretax Income
129.43
+40.08%
92.40
-14.86%
108.53
-0.45%
109.02
Net Non Operating Interest Income Expense
1.94
+1962.50%
-0.10
+93.60%
-1.62
+32.85%
-2.42
Interest Expense Non Operating
—
0.10
-93.60%
1.62
-32.85%
2.42
Net Interest Income
1.94
+1962.50%
-0.10
+93.60%
-1.62
+32.85%
-2.42
Interest Expense
—
0.10
-93.60%
1.62
-32.85%
2.42
Tax Provision
28.04
+42.84%
19.63
-24.73%
26.08
+21.06%
21.54
Tax Rate For Calcs
0.00
+1.98%
0.00
-11.61%
0.00
+21.61%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
101.39
+39.33%
72.77
-11.74%
82.45
-5.75%
87.48
Net Income From Continuing Operation Net Minority Interest
101.39
+39.33%
72.77
-11.74%
82.45
-5.75%
87.48
Net Income From Continuing And Discontinued Operation
101.39
+39.33%
72.77
-11.74%
82.45
-5.75%
87.48
Net Income Continuous Operations
101.39
+39.33%
72.77
-11.74%
82.45
-5.75%
87.48
Normalized Income
101.39
+39.33%
72.77
-11.74%
82.45
-5.75%
87.48
Net Income Common Stockholders
101.39
+39.33%
72.77
-11.74%
82.45
-5.75%
87.48
Diluted EPS
5.43
+9.48%
4.96
+18.10%
4.20
-6.04%
4.47
Basic EPS
5.55
+9.90%
5.05
+17.99%
4.28
-6.96%
4.60
Basic Average Shares
18.28
-1.77%
18.61
-3.29%
19.24
+1.31%
19.00
Diluted Average Shares
18.66
-1.64%
18.97
-3.30%
19.62
+0.20%
19.58
Diluted NI Availto Com Stockholders
101.39
+39.33%
72.77
-11.74%
82.45
-5.75%
87.48
Depreciation Amortization Depletion Income Statement
54.02
+5.19%
51.36
+8.60%
47.29
+8.89%
43.43
Depreciation And Amortization In Income Statement
54.02
+5.19%
51.36
+8.60%
47.29
+8.89%
43.43
Total Other Finance Cost
-1.94
-1962.50%
0.10
-93.60%
1.62
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
712.85
+3.07%
691.58
+1.57%
680.87
-1.74%
692.94
Current Assets
129.25
+42.94%
90.42
+20.62%
74.97
-16.17%
89.43
Cash Cash Equivalents And Short Term Investments
96.47
+64.17%
58.76
+35.51%
43.36
+11.82%
38.78
Cash And Cash Equivalents
96.47
+64.17%
58.76
+35.51%
43.36
+11.82%
38.78
Receivables
14.08
+19.52%
11.78
-9.36%
13.00
-62.39%
34.55
Accounts Receivable
11.07
+7.90%
10.26
-14.45%
11.99
+25.34%
9.57
Gross Accounts Receivable
11.15
+7.07%
10.41
-13.84%
12.09
+25.25%
9.65
Allowance For Doubtful Accounts Receivable
-0.08
+46.84%
-0.16
-61.22%
-0.10
-15.29%
-0.09
Taxes Receivable
3.01
+97.83%
1.52
+51.39%
1.01
-95.97%
24.99
Inventory
9.09
-2.23%
9.30
+22.09%
7.61
+0.74%
7.56
Prepaid Assets
9.62
-9.16%
10.59
-3.72%
10.99
+28.79%
8.54
Total Non Current Assets
583.60
-2.92%
601.16
-0.78%
605.91
+0.40%
603.51
Net PPE
556.67
-3.24%
575.29
-0.90%
580.50
+0.42%
578.05
Gross PPE
959.91
+3.18%
930.30
+2.86%
904.44
+3.95%
870.11
Accumulated Depreciation
-403.24
-13.58%
-355.01
-9.59%
-323.94
-10.92%
-292.06
Properties
0.00
0.00
0.00
0.00
Land And Improvements
46.32
+0.81%
45.95
+0.48%
45.73
+4.14%
43.92
Buildings And Improvements
616.38
+3.33%
596.53
+3.65%
575.55
+4.30%
551.81
Machinery Furniture Equipment
267.92
+6.49%
251.60
-1.13%
254.49
+2.18%
249.04
Construction In Progress
11.53
-34.96%
17.72
+85.53%
9.55
+32.13%
7.23
Other Properties
13.26
-5.29%
13.99
-5.91%
14.87
+7.31%
13.86
Leases
4.50
+0.00%
4.50
+5.96%
4.25
+0.02%
4.24
Goodwill And Other Intangible Assets
26.93
+4.07%
25.87
+1.83%
25.41
-0.21%
25.46
Goodwill
25.11
+0.00%
25.11
+0.00%
25.11
+0.00%
25.11
Other Intangible Assets
1.82
+138.14%
0.76
+155.18%
0.30
-15.06%
0.35
Non Current Deferred Assets
—
—
—
—
Non Current Deferred Taxes Assets
—
—
—
—
Other Non Current Assets
—
0.42
—
—
Total Liabilities Net Minority Interest
175.18
+0.77%
173.84
+3.64%
167.73
+8.93%
153.99
Current Liabilities
150.20
+2.55%
146.46
+18.72%
123.37
+4.78%
117.74
Payables And Accrued Expenses
149.18
+2.50%
145.54
+18.84%
122.47
+10.92%
110.41
Payables
102.55
+3.04%
99.52
+28.33%
77.55
+10.51%
70.18
Accounts Payable
44.92
+8.93%
41.24
+78.60%
23.09
+60.16%
14.42
Other Payable
50.21
-1.75%
51.10
+7.43%
47.57
-4.79%
49.96
Current Accrued Expenses
46.64
+1.35%
46.02
+2.45%
44.92
+11.64%
40.23
Total Tax Payable
7.41
+3.23%
7.18
+4.12%
6.90
+18.79%
5.80
Current Debt And Capital Lease Obligation
1.02
+10.64%
0.92
+2.68%
0.90
-87.77%
7.33
Current Debt
—
—
—
6.69
Other Current Borrowings
—
—
—
6.69
Current Capital Lease Obligation
1.02
+10.64%
0.92
+2.68%
0.90
+40.38%
0.64
Total Non Current Liabilities Net Minority Interest
24.98
-8.75%
27.37
-38.30%
44.37
+22.41%
36.24
Long Term Debt And Capital Lease Obligation
12.28
-6.57%
13.14
-32.67%
19.52
+47.57%
13.23
Long Term Debt
—
—
5.50
—
Long Term Capital Lease Obligation
12.28
-6.57%
13.14
-6.26%
14.02
+5.99%
13.23
Non Current Deferred Liabilities
11.63
-12.90%
13.35
-42.18%
23.08
+0.30%
23.02
Non Current Deferred Taxes Liabilities
11.63
-12.90%
13.35
-42.18%
23.08
+0.30%
23.02
Other Non Current Liabilities
1.07
+21.79%
0.88
-49.97%
1.76
—
Stockholders Equity
537.67
+3.85%
517.75
+0.90%
513.14
-4.79%
538.95
Common Stock Equity
537.67
+3.85%
517.75
+0.90%
513.14
-4.79%
538.95
Capital Stock
0.20
+1.04%
0.19
+1.05%
0.19
+0.00%
0.19
Common Stock
0.20
+1.04%
0.19
+1.05%
0.19
+0.00%
0.19
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
19.54
+0.93%
19.36
+1.10%
19.15
+0.30%
19.10
Ordinary Shares Number
17.82
-3.35%
18.44
-3.43%
19.09
-0.01%
19.09
Treasury Shares Number
1.73
+85.91%
0.93
+1383.98%
0.06
+2283.16%
0.00
Additional Paid In Capital
76.04
+20.90%
62.89
+28.82%
48.82
+19.91%
40.72
Retained Earnings
597.85
+15.34%
518.35
+10.80%
467.85
-6.10%
498.22
Treasury Stock
136.41
+114.19%
63.69
+1612.91%
3.72
+2087.06%
0.17
Total Equity Gross Minority Interest
537.67
+3.85%
517.75
+0.90%
513.14
-4.79%
538.95
Total Capitalization
537.67
+3.85%
517.75
-0.17%
518.64
-3.77%
538.95
Working Capital
-20.95
+62.62%
-56.04
-15.78%
-48.40
-70.94%
-28.32
Invested Capital
537.67
+3.85%
517.75
-0.17%
518.64
-4.95%
545.65
Total Debt
13.30
-5.45%
14.06
-31.12%
20.42
-0.69%
20.56
Net Debt
—
—
—
—
Capital Lease Obligations
13.30
-5.45%
14.06
-5.72%
14.92
+7.58%
13.87
Net Tangible Assets
510.74
+3.84%
491.87
+0.85%
487.73
-5.02%
513.49
Tangible Book Value
510.74
+3.84%
491.87
+0.85%
487.73
-5.02%
513.49
Interest Payable
—
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
164.75
+17.08%
140.71
-18.69%
173.05
+23.81%
139.77
Cash Flow From Continuing Operating Activities
164.75
+17.08%
140.71
-18.69%
173.05
+23.81%
139.77
Net Income From Continuing Operations
101.39
+39.33%
72.77
-11.74%
82.45
-5.75%
87.48
Depreciation Amortization Depletion
54.02
+5.19%
51.36
+8.60%
47.29
+8.89%
43.43
Depreciation
—
0.05
—
—
Depreciation And Amortization
54.02
+5.19%
51.36
+8.60%
47.29
+8.89%
43.43
Other Non Cash Items
-0.30
+22.84%
-0.39
-213.87%
0.35
-77.68%
1.55
Stock Based Compensation
8.40
+6.77%
7.86
+5.19%
7.48
+44.46%
5.17
Provisionand Write Offof Assets
0.18
-21.37%
0.23
+20.62%
0.19
+25.16%
0.15
Deferred Tax
-1.72
+82.31%
-9.74
-14417.65%
0.07
-98.00%
3.40
Deferred Income Tax
-1.72
+82.31%
-9.74
-14417.65%
0.07
-98.00%
3.40
Operating Gains Losses
0.12
-53.82%
0.25
+56.60%
0.16
+330.43%
-0.07
Change In Working Capital
2.67
-85.48%
18.37
-47.62%
35.06
+2689.44%
-1.35
Change In Receivables
-1.85
-288.49%
0.98
-95.40%
21.36
+1812.71%
1.12
Changes In Account Receivables
-0.99
-166.31%
1.50
+157.26%
-2.62
-211.67%
-0.84
Change In Inventory
0.21
+112.31%
-1.68
-2903.57%
-0.06
+85.96%
-0.40
Change In Prepaid Assets
-0.22
-154.28%
0.41
+116.64%
-2.46
-149.54%
-0.98
Change In Payables And Accrued Expense
4.53
-75.71%
18.66
+15.10%
16.21
+1591.26%
-1.09
Change In Accrued Expense
0.85
+68.18%
0.51
-93.29%
7.54
+145.47%
3.07
Change In Payable
3.68
-79.72%
18.15
+109.26%
8.67
+308.66%
-4.16
Change In Account Payable
3.68
-79.72%
18.15
+109.26%
8.67
+308.66%
-4.16
Investing Cash Flow
-37.17
+15.10%
-43.79
+14.52%
-51.23
-6.79%
-47.97
Cash Flow From Continuing Investing Activities
-37.17
+15.10%
-43.79
+14.52%
-51.23
-6.79%
-47.97
Net PPE Purchase And Sale
-36.32
+23.42%
-47.43
+3.21%
-49.01
-24.14%
-39.48
Purchase Of PPE
-36.32
+23.42%
-47.43
+3.21%
-49.01
-24.14%
-39.48
Capital Expenditure
-36.32
+23.42%
-47.43
+3.21%
-49.01
-24.14%
-39.48
Net Other Investing Changes
-0.85
-123.35%
3.65
+264.12%
-2.22
+73.85%
-8.49
Financing Cash Flow
-89.87
-10.23%
-81.53
+30.46%
-117.24
-35.47%
-86.54
Cash Flow From Continuing Financing Activities
-89.87
-10.23%
-81.53
+30.46%
-117.24
-35.47%
-86.54
Net Issuance Payments Of Debt
0.00
+100.00%
-5.50
-266.67%
-1.50
+98.19%
-83.00
Issuance Of Debt
0.00
-100.00%
45.50
-36.36%
71.50
+2283.33%
3.00
Repayment Of Debt
0.00
+100.00%
-51.00
+30.14%
-73.00
+15.12%
-86.00
Long Term Debt Issuance
—
—
—
0.00
Long Term Debt Payments
0.00
0.00
+100.00%
-7.00
+91.57%
-83.00
Net Long Term Debt Issuance
0.00
0.00
+100.00%
-7.00
+91.57%
-83.00
Short Term Debt Issuance
0.00
-100.00%
45.50
-36.36%
71.50
+2283.33%
3.00
Short Term Debt Payments
0.00
+100.00%
-51.00
+22.73%
-66.00
-2100.00%
-3.00
Net Short Term Debt Issuance
0.00
+100.00%
-5.50
-200.00%
5.50
0.00
Net Common Stock Issuance
-72.72
-21.27%
-59.97
-1092.68%
-5.03
+22.65%
-6.50
Common Stock Payments
-72.72
-21.27%
-59.97
-1092.68%
-5.03
+22.65%
-6.50
Common Stock Dividend Paid
-21.89
+1.67%
-22.27
+80.26%
-112.82
0.00
Cash Dividends Paid
-21.89
+1.67%
-22.27
+80.26%
-112.82
0.00
Repurchase Of Capital Stock
-72.72
-21.27%
-59.97
-1092.68%
-5.03
+22.65%
-6.50
Proceeds From Stock Option Exercised
7.06
-14.17%
8.22
+219.51%
2.57
-73.85%
9.84
Net Other Financing Charges
-2.30
-14.41%
-2.01
-333.84%
-0.46
+93.26%
-6.88
Changes In Cash
37.71
+144.87%
15.40
+236.08%
4.58
-12.77%
5.25
Beginning Cash Position
58.76
+35.51%
43.36
+11.82%
38.78
+15.67%
33.53
End Cash Position
96.47
+64.17%
58.76
+35.51%
43.36
+11.82%
38.78
Free Cash Flow
128.43
+37.68%
93.28
-24.80%
124.04
+23.68%
100.29
Interest Paid Supplemental Data
0.25
-74.75%
0.99
-49.90%
1.97
+35.72%
1.45
Income Tax Paid Supplemental Data
30.51
+2.52%
29.76
+16.13%
25.63
+64.06%
15.62
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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