Monarch Casino & Resort (MCRI) to Post Quarterly Earnings on Monday

Monarch Casino & Resort (NASDAQ:MCRIGet Free Report) will likely be releasing its Q2 2026 results after the market closes on Monday, July 20th. Analysts expect Monarch Casino & Resort to post earnings of $1.67 per share and revenue of $142.5140 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Monday, July 20, 2026 at 4:00 PM ET.

Monarch Casino & Resort (NASDAQ:MCRIGet Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.37. The company had revenue of $136.55 million for 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 business’s revenue for the quarter was up 8.9% on a year-over-year basis. On average, analysts expect Monarch Casino & Resort to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Monarch Casino & Resort Stock Down 2.6%

Shares of MCRI opened at $123.03 on Friday. Monarch Casino & Resort has a 52-week low of $88.13 and a 52-week high of $135.93. The firm has a market capitalization of $2.18 billion, a PE ratio of 20.85 and a beta of 1.29. The firm has a 50-day moving average price of $124.26 and a 200 day moving average price of $107.33.

Monarch Casino & Resort Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.30 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.0%. Monarch Casino & Resort’s dividend payout ratio (DPR) is currently 20.34%.

Wall Street Analysts Forecast Growth

MCRI has been the subject of a number of analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Monarch Casino & Resort in a report on Wednesday, May 27th. Zacks Research cut shares of Monarch Casino & Resort from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. UBS Group set a $124.00 target price on Monarch Casino & Resort in a report on Thursday, July 2nd. 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 research report on Wednesday, April 22nd. Finally, Truist Financial increased their target price on shares of 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 assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $115.80.

View Our Latest Stock Report on MCRI

Insider Activity

In related news, CEO John Farahi sold 5,000 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $120.84, for a total transaction of $604,200.00. Following the sale, the chief executive officer owned 616,556 shares of the company’s stock, valued at $74,504,627.04. This represents a 0.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 26.34% of the company’s stock.

Institutional Trading of Monarch Casino & Resort

Several large investors have recently bought and sold shares of the business. Geode Capital Management LLC raised its stake in Monarch Casino & Resort by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 396,844 shares of the company’s stock worth $37,983,000 after acquiring an additional 10,890 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Monarch Casino & Resort by 38.2% in the fourth quarter. Invesco Ltd. now owns 194,371 shares of the company’s stock worth $18,601,000 after acquiring an additional 53,745 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Monarch Casino & Resort by 77.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 188,498 shares of the company’s stock valued at $19,951,000 after purchasing an additional 82,035 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Monarch Casino & Resort by 64.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 178,976 shares of the company’s stock valued at $18,943,000 after purchasing an additional 70,185 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Monarch Casino & Resort by 4.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 156,525 shares of the company’s stock valued at $14,979,000 after purchasing an additional 7,302 shares during the last quarter. 62.37% of the stock is owned by institutional investors and hedge funds.

About Monarch Casino & Resort

(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.

Recommended Stories

Earnings History for Monarch Casino & Resort (NASDAQ:MCRI)

Receive News & Ratings for Monarch Casino & Resort Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monarch Casino & Resort and related companies with MarketBeat.com's FREE daily email newsletter.