Monarch Casino & Resort (MCRI) Given Daily Coverage Optimism Rating of 0.16
News articles about Monarch Casino & Resort (NASDAQ:MCRI) have been trending somewhat positive on Saturday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Monarch Casino & Resort earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.1842422382756 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
MCRI stock traded up $0.05 during trading on Friday, hitting $47.67. 57,365 shares of the company traded hands, compared to its average volume of 76,600. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.13. The stock has a market cap of $848.45 million, a P/E ratio of 32.43, a P/E/G ratio of 2.03 and a beta of 1.09. Monarch Casino & Resort has a 1 year low of $33.80 and a 1 year high of $49.63.
Monarch Casino & Resort (NASDAQ:MCRI) last announced its quarterly earnings results on Wednesday, July 25th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.01. The company had revenue of $59.91 million during the quarter, compared to analysts’ expectations of $61.35 million. Monarch Casino & Resort had a return on equity of 11.47% and a net margin of 12.50%. research analysts predict that Monarch Casino & Resort will post 1.87 earnings per share for the current fiscal year.
Monarch Casino & Resort Company Profile
Monarch Casino & Resort, Inc, through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada. It also owns and operates the Monarch Casino Black Hawk in Black Hawk, Colorado. As of March 5, 2018, the company's Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 824 guest rooms; 8 food outlets; 2 espresso and pastry bars; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space.
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