Monarch Casino & Resort, Inc. (MCRI)
NASDAQ: MCRI · IEX Real-Time Price · USD
66.97
+0.67 (1.01%)
May 31, 2024, 4:00 PM EDT - Market closed
Monarch Casino & Resort Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for MCRI stock have an average target of 73.33, with a low estimate of 70 and a high estimate of 76. The average target predicts an increase of 9.50% from the current stock price of 66.97.
Analyst Consensus: Hold
* Price targets were last updated on Apr 18, 2024.
Analyst Ratings
The average analyst rating for MCRI stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Hold Maintains $75 → $76 | Hold | Maintains | $75 → $76 | +13.48% | Apr 18, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $72 → $74 | Hold | Maintains | $72 → $74 | +10.50% | Feb 15, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $70 | Strong Buy → Hold | Downgrades | $70 | +4.52% | Jan 5, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $65 | Strong Buy → Hold | Downgrades | $65 | -2.94% | Oct 19, 2023 |
| Stifel | Stifel | Strong Buy Maintains $91 → $83 | Strong Buy | Maintains | $91 → $83 | +23.94% | Oct 19, 2023 |
Financial Forecast
Revenue This Year
522.29M
from 501.48M
Increased by 4.15%
Revenue Next Year
534.68M
from 522.29M
Increased by 2.37%
EPS This Year
4.57
from 4.20
Increased by 8.73%
EPS Next Year
4.72
from 4.57
Increased by 3.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 543.0M | 556.0M | 566.3M |
| Avg | 522.3M | 534.7M | 550.2M |
| Low | 496.9M | 507.2M | 528.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.3% | 6.5% | 5.9% |
| Avg | 4.2% | 2.4% | 2.9% |
| Low | -0.9% | -2.9% | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.83 | 4.99 | 4.78 |
| Avg | 4.57 | 4.72 | 4.65 |
| Low | 4.25 | 4.42 | 4.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.0% | 9.2% | 1.3% |
| Avg | 8.7% | 3.5% | -1.6% |
| Low | 1.3% | -3.1% | -5.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.