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

Monarch Casino & Resort (NASDAQ:MCRI) will likely be announcing its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect Monarch Casino & Resort to announce earnings of $1.86 per share and revenue of $147.93 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 4:00 PM ET.

Monarch Casino & Resort Stock Down 0.7%

MCRI stock opened at $112.68 on Friday. Monarch Casino & Resort has a twelve month low of $88.13 and a twelve month high of $135.93. The business’s fifty day moving average is $119.11 and its 200-day moving average is $119.50. The company has a market cap of $2.02 billion, a P/E ratio of 18.06 and a beta of 1.37.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MCRI shares. Stifel Nicolaus increased their price target on Monarch Casino & Resort from $102.00 to $128.00 and gave the company a “hold” rating in a research note on Tuesday, July 21st. UBS Group set a $124.00 price objective on Monarch Casino & Resort in a research report on Thursday, July 2nd. Jefferies Financial Group restated a “hold” rating on shares of Monarch Casino & Resort in a research report on Thursday, July 2nd. Wall Street Zen cut Monarch Casino & Resort from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Wells Fargo & Company dropped 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 report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $124.40.

Insider Activity at Monarch Casino & Resort

In related news, CEO John Farahi sold 5,000 shares of the business’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $124.00, for a total transaction of $620,000.00. Following the transaction, the chief executive officer owned 611,556 shares in the company, valued at $75,832,944. The trade was a 0.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 26.34% of the stock is currently owned by insiders.

Monarch Casino & Resort Company Profile

Monarch Casino & Resort, Inc operates casino resorts in Nevada and Colorado. The company’s properties combine casino gaming with hotel accommodations, dining, entertainment and other hospitality services.

Its principal properties are Atlantis Casino Resort Spa in Reno, Nevada, and Monarch Casino Resort Spa in Black Hawk, Colorado. The resorts offer gaming facilities, restaurants and bars, hotel rooms and suites, spa services, meeting spaces and entertainment options. The company primarily serves regional visitors and destination guests in the western United States.

Monarch Casino & Resort traces its history to the opening of the Atlantis in Reno in 1972.