Monarch Casino & Resort (NASDAQ:MCRI) Announces Quarterly Earnings Results, Beats Estimates By $0.10 EPS

Monarch Casino & Resort (NASDAQ:MCRI) released its quarterly earnings data on Monday. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.68 by $0.10, Zacks reports. The company had revenue of $142.60 million for the quarter, compared to the consensus estimate of $142.85 million. Monarch Casino & Resort had a return on equity of 20.90% and a net margin of 20.40%.

Monarch Casino & Resort Price Performance

Shares of MCRI stock opened at $117.45 on Wednesday. The firm’s 50-day moving average is $124.44 and its two-hundred day moving average is $107.75. Monarch Casino & Resort has a 12 month low of $88.13 and a 12 month high of $135.93. The company has a market capitalization of $2.08 billion, a PE ratio of 18.82 and a beta of 1.29.

Monarch Casino & Resort Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, September 1st. Monarch Casino & Resort’s dividend payout ratio (DPR) is presently 20.34%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on MCRI. Weiss Ratings reissued a “buy (b)” rating on shares of Monarch Casino & Resort in a report on Wednesday, May 27th. Zacks Research cut shares of Monarch Casino & Resort from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Wall Street Zen raised shares of Monarch Casino & Resort from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Wells Fargo & Company decreased their target price on shares of Monarch Casino & Resort from $116.00 to $114.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Stifel Nicolaus increased their price target on shares of Monarch Casino & Resort from $102.00 to $128.00 and gave the stock a “hold” rating in a report on Tuesday. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $124.40.

Monarch Casino & Resort News Summary

Here are the key news stories impacting Monarch Casino & Resort this week:

• Positive Sentiment: Monarch Casino reported record Q2 2026 results, with revenue of $142.6 million, EPS of $1.78, and adjusted EBITDA of $53.0 million, all above or in line with expectations. The company said growth came from higher casino, food & beverage, and hotel revenue. Article Title
• Positive Sentiment: The company declared another quarterly cash dividend of $0.30 per share, signaling continued capital returns and confidence in cash flow. Article Title
• Positive Sentiment: Monarch also confirmed it is evaluating M&A opportunities, which could raise expectations for strategic value creation. Article Title
• Positive Sentiment: Truist raised its price target on MCRI to $144 from $125 and kept a buy rating, reinforcing the bullish reaction to the earnings beat and dividend announcement. Article Title
• Neutral Sentiment: Management highlighted a strong balance sheet, with $138.3 million in cash and no borrowings on the credit facility, which supports flexibility but is not an immediate catalyst. Article Title
• Neutral Sentiment: Some investors may be watching litigation and construction-related risks tied to the Black Hawk property, which remain a longer-term overhang on the story. Article Title

Insiders Place Their Bets

In other news, CEO John Farahi sold 5,000 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $120.84, for a total value of $604,200.00. Following the completion of the sale, the chief executive officer owned 616,556 shares of the company’s stock, valued at $74,504,627.04. This represents a 0.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 26.34% of the stock is owned by insiders.

Institutional Trading of Monarch Casino & Resort

Several institutional investors have recently made changes to their positions in the company. Vident Advisory LLC increased its stake in Monarch Casino & Resort by 0.7% during the fourth quarter. Vident Advisory LLC now owns 30,535 shares of the company’s stock worth $2,922,000 after acquiring an additional 218 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Monarch Casino & Resort by 12.9% during the 3rd quarter. Franklin Resources Inc. now owns 16,161 shares of the company’s stock worth $1,710,000 after purchasing an additional 1,841 shares during the period. Canada Pension Plan Investment Board grew its holdings in shares of Monarch Casino & Resort by 1,340.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 14,400 shares of the company’s stock worth $1,245,000 after purchasing an additional 13,400 shares during the period. Verition Fund Management LLC increased its position in shares of Monarch Casino & Resort by 75.3% during the 3rd quarter. Verition Fund Management LLC now owns 11,721 shares of the company’s stock worth $1,241,000 after purchasing an additional 5,034 shares during the last quarter. Finally, Man Group plc acquired a new stake in shares of Monarch Casino & Resort during the 3rd quarter worth about $985,000. Hedge funds and other institutional investors own 62.37% of the company’s stock.

Monarch Casino & Resort Company Profile

Monarch Casino & Resort, Inc is a publicly traded owner and operator of an integrated casino resort in Reno, Nevada. The company’s flagship property, the Atlantis Casino Resort Spa, features a full-service casino floor with table games, slot machines, and sports betting, complemented by a diverse portfolio of amenities. Guests can choose from over 800 rooms and suites, dine at multiple on-site restaurants and bars, unwind at the full-service spa and salon, or enjoy live entertainment in the property’s showroom.

Monarch’s revenue streams are diversified across gaming operations, hotel accommodations, food and beverage services, and convention and meeting facilities.