Monarch Casino & Resort, Inc. (MCRI) - Stock Analysis
Last updated: Sep 20, 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 Profitability ⢠Improving Liquidity ⢠Low Leverage MCRI delivers strong profitability, improving liquidity, low leverage, and solid cash flow, but its rising valuation warrants caution.
Price Behavior
Key Price Behavior Insights: ⢠Repeated resistance ⢠Support holding ⢠Momentum weakening Support Level: $117.50â$119.30 Resistance Level: $123.40â$125.80 MCRI is mildly bearish over the last month, with support at $117.50â$119.30 and a bullish shift requiring a break above $123.40.
Sentiment & News
Key News Insights: ⢠Restaurant recognition ⢠Top-tier rankings ⢠Brand visibility MCRI's Atlantis Casino Resort Spa gained positive visibility as five restaurants earned Tripadvisor Travelers' Choice Awards, reinforcing its dining appeal.
AI Summary
MCRI is a cash-rich, low-leverage regional resort operator whose upside hinges on sustaining its exceptional 35% EBITDA marginânot accelerating growthâso investors should wait for evidence of durable margin-led earnings or a more attractive entry point given limited consensus upside and 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% |