
MCRI Stock Forecast & Price Target
MCRI Analyst Ratings
Bulls say
Monarch Casino & Resort Inc. experienced a 5% year-over-year increase in casino revenues, reflecting strong demand and operational efficiency. The company's Black Hawk property is gaining notable market share particularly among mid to upper-tier players, reinforcing its position as a premier luxury casino in Colorado. Additionally, the company achieved significant improvements in EBITDA margins, with earnings of $41 million exceeding both internal models and consensus estimates, contributing to a positive outlook on its financial performance.
Bears say
The outlook for Monarch Casino & Resort Inc. is negatively impacted by several fundamental risks, including uncertainty in consumer spending and a competitive market in Reno where promotional behaviors have intensified among rivals. The company also faces headwinds from potential cannibalization due to new tribal competition in California, coupled with ongoing challenges such as wage inflation and weather-related disruptions in its operational markets. Additionally, recent operational issues, such as room renovation disruptions at Atlantis leading to lower available room nights and weaker performance in food and beverage and hotel revenues, indicate persistent pressure on margins and limited growth prospects.
This aggregate rating is based on analysts' research of Monarch Casino & Resort and is not a guaranteed prediction by Public.com or investment advice.
MCRI Analyst Forecast & Price Prediction
Start investing in MCRI
Order type
Buy in
Order amount
Est. shares
0 shares