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

Monarch Casino & Resort (NASDAQ:MCRI) is anticipated to issue its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect Monarch Casino & Resort to post earnings of $1.86 per share and revenue of $147.93 million for the quarter. Parties can find conference call details 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 Price Performance

Shares of MCRI opened at $112.68 on Monday. The stock has a 50-day moving average of $119.11 and a 200-day moving average of $119.65. The company has a market cap of $2.02 billion, a PE ratio of 18.06 and a beta of 1.37. Monarch Casino & Resort has a one year low of $88.13 and a one year high of $135.93.

Insiders Place Their Bets

In related news, CEO John Farahi sold 5,000 shares of the stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $124.00, for a total transaction of $620,000.00. Following the completion of the transaction, the chief executive officer owned 611,556 shares in the company, valued at approximately $75,832,944. This represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 26.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MCRI. Stifel Nicolaus upped their price target on Monarch Casino & Resort from $102.00 to $128.00 and gave the stock a “hold” rating in a research note on Tuesday, July 21st. Weiss Ratings restated a “buy (b)” rating on shares of Monarch Casino & Resort in a research note on Monday, August 24th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Monarch Casino & Resort in a report on Thursday, July 2nd. Truist Financial lifted their price target on Monarch Casino & Resort from $125.00 to $144.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Finally, Texas Capital upgraded Monarch Casino & Resort to a “strong-buy” rating in a report on Wednesday, September 9th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Monarch Casino & Resort has an average rating of “Moderate Buy” and a consensus target price of $124.40.

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.