Monarch Casino & Resort, Inc. (MCRI) - Stock Analysis
Last updated: Apr 19, 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: ⢠High Returns ⢠Strong Cash Flow ⢠Tight Liquidity MCRI looks financially strong with high profitability, solid cash generation, and modest leverage, but its persistent liquidity shortfall and already-rich valuation temper the investment appeal.
Price Behavior
Key Price Behavior Insights: ⢠Higher lows ⢠Range resistance ⢠Volatility risk Support Level: $96.5-$97.0 Resistance Level: $100.0-$100.4 MCRI has shown a modest recovery over the last month with higher lows and a firm close near the top of its range, but it remains choppy and needs to hold above $96.5â$97.0 and break $100.0â$100.4 to confirm upside momentum.
Sentiment & News
Key News Insights: ⢠Analyst Support ⢠Stake Reduction ⢠Charity Milestone MCRI is seeing steady analyst support and some shareholder selling, while its standout company update is a charitable milestone surpassing $1 million.
AI Summary
MCRI now looks less like a speculative story and more like a high-quality, cash-generative casino operator, but at ~17x earnings the stock already prices in much of that quality, so the key investment question is whether its strong cash flow, high ROIC, and low leverage can keep outpacing cyclical demand and liquidity pressure enough to justify further upside.
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. | Active | +0.0% |