Monarch Casino & Resort, Inc. (MCRI) - Stock Analysis
Last updated: Sep 6, 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.
Loading chart data...
AI Analyst Overview
Loading chart data...
Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠Strong Margins ⢠Net Cash ⢠Rising Multiples MCRI combines strong profitability, cash generation, and liquidity with rising valuation multiples, suggesting a quality business that may be less attractively priced.
Price Behavior
Key Price Behavior Insights: ⢠Support held ⢠Rebound underway ⢠Resistance overhead Support Level: $117.50â$118.00 Resistance Level: $123.90â$125.80 MCRI is recovering from $117.50 support but remains mildly bearish below $123.90â$125.80 resistance; a breakout above $125.80 would strengthen the outlook, while a drop below $117.50 renews downside risk.
Sentiment & News
Key News Insights: ⢠Top Spa Ranking ⢠Brand Visibility ⢠Awards Participation MCRI's Spa Monarch earning USA TODAY's No. 1 Best Hotel Spa ranking strengthens its hospitality brand and supports positive consumer visibility.
AI Summary
MCRI is a high-margin, net-cash integrated-resort operator with hotel-led growth reducing reliance on gaming, but at ~19x earnings investors should accumulate selectively near $117.50â$118 support only if premium-resort revenue and margins continue to validate the elevated valuation.
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% |