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MCRIMonarch Casino & Resort, Inc.
$108.75$1.9B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
MCRI logo

Monarch Casino & Resort, Inc.

MCRI
NASDAQ · Casinos & Resorts
$108.75
At close - Nov 6, 4:00 PM EST - USD
Market Cap$1.93B
P/E17.2x
52W High$135.93
Volume72.63K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Fortress Balance Sheet Funds Gaming Growth Amid Normalizing Margins

MCRI's fortress balance sheet, with total debt of $12.6M against $569.5M of equity and a current ratio of 1.17, suggests strong financial flexibility to fund capital returns and selective expansion.

GrowthMixed
ProfitabilityStrong
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

MCRI price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

-26% Peers

P/E is 26% below peer median

03

Market leadership

RS 52 · Avg

Average momentum (RS Rating: 52)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Jan 27

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
MCRI+14.17%
S&P 500 (^GSPC)+7.63%
1-Year Return
MCRI+19.26%
S&P 500 (^GSPC)+9.69%
3-Year Return
MCRI+78.02%
S&P 500 (^GSPC)+67.87%
5-Year Return
MCRI+67.26%
S&P 500 (^GSPC)+56.01%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
17.2x
Forward P/EExpansion
16.1x
EV/EBITDA80th %ile
10.7x
FCF YieldCash Flow
8.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
17.2x
17.6x
20th· Low
EV/EBITDA
10.7x
9.6x
80th· High
Price/FCF
11.9x
15.0x
20th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$87.07-19.9%
Base (Fair)$132.63+22.0%
Bull$192.13+76.7%
$87.07 Bear$132.63 Base$192.13 Bull
Current Market Price: $108.75
Trades at a 18.0% discount to Base DCF ($132.63)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$545M+4.4% YoY
Net income FY25
$101M+39.3% YoY
Free cash flow FY25
$128M+37.7% YoY
Operating margin FY25
25.1%+7.4 pts YoY
ROIC (FY25)21.8%
Avg ROIC 5Y16.3%
ROE (TTM)20.6%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 27, 2026
$1.76-5.4%
vs $1.86
$146M-1.1%
vs $148M
Q3 2026
Jul 20, 2026
$1.78+6.0%
vs $1.68
$143M-0.2%
vs $143M
Q2 2026
Apr 21, 2026
$1.52+32.2%
vs $1.15
$137M+5.1%
vs $130M
Q1 2026
Feb 4, 2026
$1.25-8.8%
vs $1.37
$140M+0.4%
vs $139M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Zacks Investment Research·Oct 27, 2026
Monarch Casino (MCRI) Q3 Earnings and Revenues Miss Estimates

Monarch Casino (MCRI) came out with quarterly earnings of $1.76 per share, missing the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $1.69 per share a year ago.

GlobeNewsWire·Oct 27, 2026
Monarch Casino & Resort Reports Record Third Quarter 2026 Financial Results

RENO, Nev., Oct. 27, 2026 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the third quarter ended September 30, 2026, as summarized below: ($ in thousands, except per share data and percentages)     Three Months Ended September 30,   Nine Months Ended September 30,   2026   2025   Increase   2026   2025   Increase Net revenue $ 146,265   $ 142,814   2.4 %   $ 425,412   $ 405,122   5.0 %                         Net income   32,005     31,576   1.4 %     92,120     78,448   17.4 %                         Adjusted EBITDA(1) $ 56,018   $ 54,848   2.1 %   $ 157,968   $ 147,268   7.3 %                         Basic EPS $ 1.80   $ 1.73   4.0 %   $ 5.17   $ 4.27   21.1 % Diluted EPS $ 1.76   $ 1.69   4.1 %   $ 5.06   $ 4.18   21.1 %                         (1)   Definitions, disclosures and reconciliations of non-GAAP financial information are included later in the release. CEO Comment John Farahi, Co-Chairman and Chief Executive Officer of Monarch, commented: “In the third quarter of 2026, Monarch delivered record quarterly net revenue and adjusted EBITDA.

GlobeNewsWire·Oct 7, 2026
Monarch Casino & Resort to Report 2026 Third Quarter Results After Market Close on October 27

RENO, Nev., Oct. 07, 2026 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2026 third quarter financial results after the market closes on Tuesday, October 27, 2026.

Defense World·Oct 7, 2026
Monarch Casino & Resort (NASDAQ:MCRI) Shares Break Above 200-Day Moving Average – What’s Next?

Monarch Casino and Resort, Inc. (NASDAQ: MCRI - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $118.03 and traded as high as $119.65. Monarch Casino and Resort shares last traded at $119.23, with a volume of 74,133

Filtered for Monarch Casino & Resort, Inc.More Headlines
04

Compare before deciding

Benchmark MCRI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Monarch Casino & Resort, Inc. (MCRI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MCRI logoMCRIMonarch Casino & Resort, Inc.Current
$108.75$1.93B17.154.39%20.35%20.6%1.07%
CNTY logoCNTYCentury Casinos, Inc.
$0.58$16.18M-0.29-0.51%-9.62%——
ACEL logoACELAccel Entertainment, Inc.
$13.72$1.12B17.918.12%4.48%22.28%—
RRR logoRRRRed Rock Resorts, Inc.
$48.22$2.82B23.983.74%5.79%40.44%2.44%
BYD logoBYDBoyd Gaming Corporation
$76.57$5.56B11.144.12%12.29%19.91%0.93%
PENN logoPENNPENN Entertainment, Inc.
$17.43$2.33B-256.705.82%-0.13%-0.5%—

Compare MCRI vs Peers

Monarch Casino & Resort, Inc. (MCRI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CNTY

Most directly comparable listed peer for MCRI.

Scale Benchmark

vs MAR

Larger-name benchmark to compare MCRI against a more recognizable public peer.

Peer Set

Compare Top 5

vs CNTY, ACEL, RRR, BYD

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

MCRI SEC Filings & Documents

Monarch Casino & Resort, Inc. (MCRI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 28, 2026·SEC

Material company update

Jul 21, 2026·SEC

Material company update

May 29, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 24, 2026·SEC

FY 2025

Mar 3, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Oct 30, 2026·SEC

FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 28, 2025·SEC

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MCRI Frequently Asked Questions

Monarch Casino & Resort, Inc. (MCRI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Monarch Casino & Resort, Inc.'s revenue?

Monarch Casino & Resort, Inc. (MCRI) reported $565.4M in revenue over the trailing twelve months. Revenue was $545.1M in fiscal year 2025. That is 917% more than the $53.6M of fiscal year 1996.

How fast is Monarch Casino & Resort, Inc. growing?

Monarch Casino & Resort, Inc. (MCRI) grew revenue by 4.8% over the trailing twelve months, compared with the twelve months before.

Is MCRI profitable?

Yes. Monarch Casino & Resort, Inc. (MCRI) earned $115.1M in net income over the trailing twelve months (a 20.4% net margin).

Dividend & Returns
Does MCRI pay dividends?

Yes. Monarch Casino & Resort, Inc. (MCRI) pays a dividend that yields 1.07% at the current price, a moderate yield.

What is MCRI's return on equity?

Monarch Casino & Resort, Inc. (MCRI) had a return on equity (ROE) of 20.6% over the trailing twelve months. That is well above the market's typical 10-15%.

What is Monarch Casino & Resort, Inc.'s free cash flow?

Monarch Casino & Resort, Inc. (MCRI) generated $162.3M in free cash flow over the trailing twelve months.

What if you invested $1,000 in MCRI back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →