Monarch Casino & Resort, Inc. $MCRI Shares Sold by Ritholtz Wealth Management

Posted by Geri Gentry on Jun 27th, 2026

Ritholtz Wealth Management decreased its holdings in shares of Monarch Casino & Resort, Inc. (NASDAQ:MCRI – Free Report) by 19.9% in the first quarter, Holdings Channel.com reports. The institutional investor owned 26,134 shares of the company’s stock after selling 6,513 shares during the quarter. Ritholtz Wealth Management’s holdings in Monarch Casino & Resort were worth $2,498,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. American Century Companies Inc. raised its holdings in Monarch Casino & Resort by 4.3% in the 3rd quarter. American Century Companies Inc. now owns 491,400 shares of the company’s stock valued at $52,010,000 after acquiring an additional 20,328 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new position in Monarch Casino & Resort in the 3rd quarter worth approximately $1,348,000. Hillsdale Investment Management Inc. acquired a new position in shares of Monarch Casino & Resort during the 4th quarter worth approximately $7,244,000. UBS Group AG boosted its holdings in shares of Monarch Casino & Resort by 26.9% during the 4th quarter. UBS Group AG now owns 46,451 shares of the company’s stock worth $4,445,000 after purchasing an additional 9,855 shares during the last quarter. Finally, AlphaQuest LLC grew its position in shares of Monarch Casino & Resort by 303.4% in the fourth quarter. AlphaQuest LLC now owns 21,701 shares of the company’s stock valued at $2,077,000 after purchasing an additional 16,321 shares in the last quarter. 62.37% of the stock is currently owned by institutional investors and hedge funds.

Monarch Casino & Resort Price Performance

Monarch Casino & Resort stock opened at $133.87 on Friday. The firm has a 50 day simple moving average of $119.82 and a 200-day simple moving average of $104.30. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of 22.69 and a beta of 1.30. Monarch Casino & Resort, Inc. has a 1-year low of $85.66 and a 1-year high of $134.80.

Monarch Casino & Resort (NASDAQ:MCRI – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.15 by $0.37. The firm had revenue of $136.55 million for the quarter, compared to analyst estimates of $128.49 million. Monarch Casino & Resort had a net margin of 19.62% and a return on equity of 19.98%. The business’s revenue was up 8.9% on a year-over-year basis. Equities analysts expect that Monarch Casino & Resort, Inc. will post 7.07 earnings per share for the current fiscal year.

Monarch Casino & Resort Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.20 annualized dividend and a yield of 0.9%. Monarch Casino & Resort’s dividend payout ratio (DPR) is 20.34%.

Analysts Set New Price Targets

Several equities research analysts recently commented on MCRI shares. Truist Financial increased their price target on Monarch Casino & Resort from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Zacks Research cut Monarch Casino & Resort from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Monarch Casino & Resort in a research note on Wednesday, May 27th. Wall Street Zen upgraded Monarch Casino & Resort from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Stifel Nicolaus lifted their price target on Monarch Casino & Resort from $97.00 to $102.00 and gave the stock a “hold” rating in a report on Wednesday, April 22nd. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $109.50.

Read Our Latest Stock Analysis on MCRI

Insider Buying and Selling

In other Monarch Casino & Resort news, CEO John Farahi sold 5,000 shares of Monarch Casino & Resort 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 sale, the chief executive officer owned 616,556 shares in the company, valued at $74,504,627.04. The trade was a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 26.34% of the stock is owned by corporate insiders.

About Monarch Casino & Resort

(Free Report)

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.