Monarch Casino & Resort, Inc. (MCRI) - Stock Analysis
Last updated: Jun 8, 2026
Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
Fresh breakout backed by 2026-04-21 Q1 results showing record quarterly revenue, net income up 38.9% YoY, adjusted EBITDA up 19.0%, and an EPS beat, with shares closing at a new 21-day high.
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AI Analyst Overview
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Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠Strong margins ⢠Weak liquidity ⢠Solid cash flow MCRI is highly profitable and cash-generative with strong margins and returns, but weak liquidity, capital intensity, and a moderate valuation keep the risk/reward balanced.
Price Behavior
Key Price Behavior Insights: ⢠Higher lows ⢠Firm support ⢠Choppy swings Support Level: $119.00-$120.00 Resistance Level: $122.70 MCRI is in a constructive short-term uptrend with higher highs and lows, strong support at $119.00-$120.00, and a need to clear $122.70 to confirm fresh upside follow-through.
Sentiment & News
Key News Insights: ⢠Growth profile ⢠YTD outperformance ⢠Peer comparison Monarch Casino is drawing attention for its solid growth profile and notable year-to-date stock strength versus consumer discretionary peers.
AI Summary
MCRI now looks like a fundamentally strong, cash-generative operator with improving margins and no debt, but at roughly fair value and near its highs, the stock's next leg higher likely requires a new catalyst rather than just continued solid execution.
Description
Monarch Casino & Resort, Inc. owns and operates two destination resort casinos: the Atlantis Casino Resort Spa in Reno, Nevada, and Monarch Casino Resort Spa Black Hawk in Colorado. As of December 31, 2021, the Reno property comprised roughly 61,000 sq ft of gaming space, about 818 rooms, extensive meeting and spa facilities and a full complement of slot machines, table games and a sportsbook; the Black Hawk property offered around 60,000 sq ft of gaming space, roughly 516 rooms, dining and entertainment venues, a spa and substantial parking capacity. The company was founded in 1972 and is headquartered in Reno.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| Apr 24 | May 1 | MCRI | Monarch Casino & Resort, Inc. | Fresh breakout backed by 2026-04-21 Q1 results showing record quarterly revenue, net income up 38.9% YoY, adjusted EBITDA up 19.0%, and an EPS beat, with shares closing at a new 21-day high. | Closed | +2.3% |