Monarch Casino & Resort (NASDAQ:MCRI – Get Free Report) is expected to be releasing its Q2 2026 results after the market closes on Monday, July 20th. Analysts expect Monarch Casino & Resort to announce earnings of $1.67 per share and revenue of $142.5140 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Monday, July 20, 2026 at 4:00 PM ET.
Monarch Casino & Resort (NASDAQ:MCRI – Get Free Report) last released its earnings results on Tuesday, April 21st. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.37. Monarch Casino & Resort had a return on equity of 19.98% and a net margin of 19.62%.The business had revenue of $136.55 million during the quarter, compared to the consensus estimate of $128.49 million. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. On average, analysts expect Monarch Casino & Resort to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Monarch Casino & Resort Price Performance
Shares of MCRI opened at $123.03 on Friday. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 20.85 and a beta of 1.29. Monarch Casino & Resort has a 1-year low of $88.13 and a 1-year high of $135.93. The company has a 50-day moving average of $124.26 and a 200 day moving average of $107.33.
Monarch Casino & Resort Announces Dividend
Insider Buying and Selling at Monarch Casino & Resort
In related news, CEO John Farahi sold 5,000 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $120.84, for a total value of $604,200.00. Following the transaction, the chief executive officer directly owned 616,556 shares of the company’s stock, valued at $74,504,627.04. This represents a 0.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 26.34% of the stock is owned by company insiders.
Hedge Funds Weigh In On Monarch Casino & Resort
Several hedge funds and other institutional investors have recently bought and sold shares of MCRI. Panagora Asset Management Inc. raised its holdings in shares of Monarch Casino & Resort by 6.0% during the fourth quarter. Panagora Asset Management Inc. now owns 3,490 shares of the company’s stock worth $334,000 after purchasing an additional 198 shares during the last quarter. MML Investors Services LLC boosted its position in Monarch Casino & Resort by 12.7% during the fourth quarter. MML Investors Services LLC now owns 3,097 shares of the company’s stock worth $296,000 after purchasing an additional 350 shares in the last quarter. Mariner LLC lifted its position in shares of Monarch Casino & Resort by 42.9% during the 4th quarter. Mariner LLC now owns 3,562 shares of the company’s stock valued at $341,000 after buying an additional 1,069 shares in the last quarter. Aristides Capital LLC lifted its holdings in Monarch Casino & Resort by 18.6% during the fourth quarter. Aristides Capital LLC now owns 3,174 shares of the company’s stock valued at $304,000 after purchasing an additional 498 shares in the last quarter. Finally, Brooklyn Investment Group boosted its holdings in Monarch Casino & Resort by 16,760.0% in the 3rd quarter. Brooklyn Investment Group now owns 3,372 shares of the company’s stock worth $357,000 after buying an additional 3,352 shares during the last quarter. Institutional investors and hedge funds own 62.37% of the company’s stock.
Analyst Upgrades and Downgrades
MCRI has been the topic of several recent research reports. Jefferies Financial Group reaffirmed a “hold” rating on shares of Monarch Casino & Resort in a research report on Thursday, July 2nd. Truist Financial boosted their price target on Monarch Casino & Resort from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Zacks Research cut Monarch Casino & Resort from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. UBS Group set a $124.00 price objective on Monarch Casino & Resort in a research report on Thursday, July 2nd. Finally, Wall Street Zen upgraded Monarch Casino & Resort from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $115.80.
Read Our Latest Stock Report on Monarch Casino & Resort
Monarch Casino & Resort Company Profile
Monarch Casino & Resort, Inc is a publicly traded owner and operator of an integrated casino resort in Reno, Nevada. The company’s flagship property, the Atlantis Casino Resort Spa, features a full-service casino floor with table games, slot machines, and sports betting, complemented by a diverse portfolio of amenities. Guests can choose from over 800 rooms and suites, dine at multiple on-site restaurants and bars, unwind at the full-service spa and salon, or enjoy live entertainment in the property’s showroom.
Monarch’s revenue streams are diversified across gaming operations, hotel accommodations, food and beverage services, and convention and meeting facilities.
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