Monarch Casino & Resort (NASDAQ:MCRI) Sets New 12-Month High – Here’s Why

Posted by Geri Gentry on Jun 29th, 2026

Shares of Monarch Casino & Resort, Inc. (NASDAQ:MCRI – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $134.80 and last traded at $134.2550, with a volume of 416365 shares changing hands. The stock had previously closed at $133.87.

Analyst Ratings Changes

A number of research firms have recently weighed in on MCRI. Zacks Research lowered Monarch Casino & Resort from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Stifel Nicolaus lifted their target price on Monarch Casino & Resort from $97.00 to $102.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. Wall Street Zen raised Monarch Casino & Resort from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Weiss Ratings reissued a “buy (b)” rating on shares of Monarch Casino & Resort in a research note on Wednesday, May 27th. Finally, Truist Financial upped their price target on Monarch Casino & Resort from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Monarch Casino & Resort presently has an average rating of “Hold” and a consensus target price of $109.50.

Check Out Our Latest Stock Report on Monarch Casino & Resort

Monarch Casino & Resort Stock Performance

The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 22.56 and a beta of 1.30. The company has a 50-day moving average of $119.82 and a 200-day moving average of $104.36.

Monarch Casino & Resort (NASDAQ:MCRI – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.37. The company had revenue of $136.55 million during the quarter, compared to analysts’ expectations of $128.49 million. Monarch Casino & Resort had a return on equity of 19.98% and a net margin of 19.62%.The firm’s revenue was up 8.9% compared to the same quarter last year. As a group, equities research analysts forecast that Monarch Casino & Resort, Inc. will post 7.07 EPS for the current year.

Monarch Casino & Resort Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, June 1st. Monarch Casino & Resort’s dividend payout ratio (DPR) is 20.34%.

Insider Transactions at Monarch Casino & Resort

In other Monarch Casino & Resort news, CEO John Farahi sold 5,000 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $120.84, for a total transaction of $604,200.00. Following the completion of the transaction, the chief executive officer owned 616,556 shares in the company, valued at approximately $74,504,627.04. This represents a 0.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 26.34% of the company’s stock.

Institutional Trading of Monarch Casino & Resort

Several hedge funds and other institutional investors have recently made changes to their positions in MCRI. Pacer Advisors Inc. increased its stake in shares of Monarch Casino & Resort by 2.2% during the first quarter. Pacer Advisors Inc. now owns 51,439 shares of the company’s stock worth $4,918,000 after acquiring an additional 1,128 shares during the period. Empowered Funds LLC purchased a new position in Monarch Casino & Resort during the first quarter worth about $209,000. Bank of America Corp DE lifted its position in Monarch Casino & Resort by 7.4% in the first quarter. Bank of America Corp DE now owns 48,819 shares of the company’s stock valued at $4,667,000 after purchasing an additional 3,362 shares during the period. Amundi acquired a new stake in Monarch Casino & Resort in the first quarter valued at about $415,000. Finally, Emmett Investment Management LP boosted its holdings in Monarch Casino & Resort by 9.9% in the 1st quarter. Emmett Investment Management LP now owns 52,960 shares of the company’s stock valued at $5,107,000 after purchasing an additional 4,788 shares in the last quarter. Hedge funds and other institutional investors own 62.37% of the company’s stock.

Monarch Casino & Resort Company Profile

(Get 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.