Published On: Wed, Oct 19th, 2016

Latest Analyst Reports On Monarch Casino & Resort, Inc.


Recently stock market analysts have updated their consensus ratings on shares of Monarch Casino & Resort, Inc. (NASDAQ:MCRI).

Most recent broker ratings

10/14/2016 – Gabelli began new coverage on Monarch Casino & Resort, Inc. giving the company a “hold” rating. They now have a USD 27 price target on the stock.

12/08/2015 – Sidoti began new coverage on Monarch Casino & Resort, Inc. giving the company a “buy” rating.

06/17/2015 – Monarch Casino & Resort, Inc. had its “outperform” rating reiterated by analysts at Imperial Capital. They now have a USD 25 price target on the stock.

10/24/2014 – Monarch Casino & Resort, Inc. was upgraded to “neutral” by analysts at Zacks. They now have a USD 13.7 price target on the stock.

07/28/2014 – Monarch Casino & Resort, Inc. had its “outperform” rating reiterated by analysts at Macquarie. They now have a USD 16 price target on the stock.

10/23/2013 – Monarch Casino & Resort, Inc. was downgraded to “hold” by analysts at Brean Capital. They now have a USD 20 price target on the stock.

10/21/2013 – Monarch Casino & Resort, Inc. was downgraded to “hold” by analysts at Thomson Reuters/Verus.

Monarch Casino & Resort, Inc. has a 50 day moving average of 24.07 and a 200 day moving average of 22.22. The stock’s market capitalization is 410.91M, it has a 52-week low of 17.29 and a 52-week high of 25.55.

The share price of the company (NASDAQ:MCRI) was up +0.00%, with a high of 24.01 during the day and the volume of Monarch Casino & Resort, Inc. shares traded was 34027.

Monarch Casino & Resort, Inc. (Monarch), through its subsidiary, owns and operates the Atlantis Casino Resort Spa (the Atlantis), a hotel/casino facility in Reno, Nevada. The Company also owns and operates Monarch Casino Black Hawk. The Company’s operating segments include Atlantis and Monarch Casino Black Hawk. The Atlantis features approximately 61,000 square feet of casino space; over 820 guest rooms and suites; approximately eight food outlets; over two espresso and pastry bars; approximately 30,000 square foot health spa and salon with an enclosed year-round pool; approximately two retail outlets offering clothing and traditional gift shop merchandise, and over 52,000 square feet of banquet, convention and meeting room space. The Monarch Casino Black Hawk features approximately 710 slot machines, over 10 table games, a 250-seat buffet-style restaurant, a snack bar and a parking structure with approximately 500 spaces. The casino space is approximately 27,500 square feet.