6,072 Shares in Monarch Casino & Resort, Inc. $MCRI Bought by Jupiter Topco LLC

Posted by Stanley Muller on Sep 7th, 2026

Jupiter Topco LLC purchased a new position in shares of Monarch Casino & Resort, Inc. (NASDAQ:MCRI – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,072 shares of the company’s stock, valued at approximately $800,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Hillsdale Investment Management Inc. acquired a new stake in Monarch Casino & Resort in the 4th quarter valued at about $7,244,000. Sei Investments Co. increased its position in Monarch Casino & Resort by 69.9% during the first quarter. Sei Investments Co. now owns 33,319 shares of the company’s stock worth $3,185,000 after buying an additional 13,712 shares during the last quarter. Ieq Capital LLC acquired a new position in Monarch Casino & Resort during the second quarter worth approximately $1,182,000. Pacer Advisors Inc. raised its stake in Monarch Casino & Resort by 2,489.3% in the fourth quarter. Pacer Advisors Inc. now owns 50,311 shares of the company’s stock valued at $4,815,000 after buying an additional 48,368 shares during the period. Finally, AlphaQuest LLC raised its stake in 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 buying an additional 16,321 shares during the period. Institutional investors and hedge funds own 62.37% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MCRI. Wells Fargo & Company reduced their target price on Monarch Casino & Resort from $116.00 to $114.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 21st. Wall Street Zen downgraded Monarch Casino & Resort from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings reissued a “buy (b)” rating on shares of Monarch Casino & Resort in a research report on Monday, August 24th. Stifel Nicolaus raised their target price on shares of Monarch Casino & Resort from $102.00 to $128.00 and gave the stock a “hold” rating in a research note on Tuesday, July 21st. Finally, Truist Financial lifted their target price on shares of Monarch Casino & Resort from $125.00 to $144.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $124.40.

View Our Latest Stock Report on MCRI

Monarch Casino & Resort Stock Performance

Shares of Monarch Casino & Resort stock opened at $121.52 on Monday. The firm has a 50-day moving average of $123.89 and a 200-day moving average of $114.58. Monarch Casino & Resort, Inc. has a 52-week low of $88.13 and a 52-week high of $135.93. The stock has a market cap of $2.18 billion, a PE ratio of 19.47 and a beta of 1.31.

Monarch Casino & Resort (NASDAQ:MCRI – Get Free Report) last released its quarterly earnings results on Monday, July 20th. The company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.10. Monarch Casino & Resort had a net margin of 20.40% and a return on equity of 20.63%. The business had revenue of $142.60 million for the quarter, compared to analyst estimates of $142.85 million. Monarch Casino & Resort’s quarterly revenue was up 4.2% on a year-over-year basis. Equities research analysts predict that Monarch Casino & Resort, Inc. will post 6.98 earnings per share for the current fiscal year.

Monarch Casino & Resort Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $1.20 annualized dividend and a dividend yield of 1.0%. Monarch Casino & Resort’s dividend payout ratio (DPR) is currently 19.23%.

Monarch Casino & Resort Profile

(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.