Monarch Casino & Resort (MCRI)

• Market cap: $1.67B
• 1 day: -3.45%
• 5 days: -5.26%
• 1 month: 6.72%
• 3 months: 6.91%
• 6 months: 18.63%
• Year to date: 15.00%
• 1 year: 30.43%
• 5 years: 58.93%
• 10 years: 393.38%
• Sector: Consumer Discretionary
• Industry: Hotels & Motels

About: Monarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.

Employees: 2,900

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

131,263% more call options, than puts

Call options by funds: $10.5M | Put options by funds: $8K

74% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 23

7% more funds holding

Funds holding: 194 [Q3] → 208 (+14) [Q4]

9% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 67

5% less capital invested

Capital invested by funds: $978M [Q3] → $934M (-$44.4M) [Q4]

1.47% less ownership

Funds ownership: 65.85% [Q3] → 64.38% (-1.47%) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $82 8% downside
• Avg. target: $90 1% upside
• High target: $100 12% upside

4 analyst ratings

• positive: 1 25%
• neutral: 2 50%
• negative: 1 25%

Wells Fargo Zachary Silverberg 0% 1-year accuracy 0 / 3 met price target	8% downside $82	Underweight Maintained	12 Feb 2025
Stifel Jeffrey Stantial 48% 1-year accuracy 13 / 27 met price target	1% upside $90	Hold Maintained	12 Feb 2025
Truist Securities Barry Jonas 71% 1-year accuracy 25 / 35 met price target	12% upside $100	Buy Upgraded	14 Jan 2025
Jefferies David Katz 61% 1-year accuracy 14 / 23 met price target	2% downside $88	Hold Maintained	3 Jan 2025