MCRI
Monarch Casino & Resort, Inc.
NasdaqGSUSDEQUITY
Consumer Cyclical
DELAYED
Last price
126.09
▲ 0.44 (0.35%)
MARKET · —
Price
Open
125.65
Prev close
125.65
Day high
126.38
Day low
124.06
Volume
135.65K
Market cap
$2.26B
P/E (TTM)
20.24
52W range
88.13 – 135.93
Trailing performance
Returnvs SPY
1W
+1.62%
+3.0%
1M
+5.81%
+2.1%
3M
+8.45%
+5.3%
6M
+32.18%
+21.1%
YTD
+31.76%
+19.5%
1Y
+24.69%
+4.7%
3Y
+89.01%
+14.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$2.26B
Enterprise value$2.13B
Revenue (TTM)$561.96M
Gross profit$382.25M
EBITDA$197.71M
Net income$114.64M
EPS (TTM)$6.23
Free cash flow$131.95M
Total cash$138.26M
Total debt$12.79M
Book value / share$32.18
Shares outstanding17.92M
Float12.09M
Short % of float4.13%
Dividend yield0.95%
Beta (5Y)1.35
Valuation & profitability ratios
Trailing P/E20.24
Forward P/E18.29
PEG ratio1.07
Price / sales—
Price / book3.92
EV / revenue3.80
EV / EBITDA10.80
Gross margin68.02%
Operating margin27.44%
Profit margin20.40%
Return on equity20.54%
Return on assets12.90%
Debt / equity2.22
Current ratio1.21
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $545.13M | $522.19M | $501.48M | $477.87M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $101.39M | $94.05M | $82.45M | $87.48M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $101.39M | $94.05M | $82.45M | $87.48M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.71 | 1.85 | +8.4% |
| Mar 2026 | 1.16 | 1.58 | +36.5% |
| Dec 2025 | 1.42 | 1.55 | +9.1% |
| Sep 2025 | 1.56 | 1.71 | +9.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.70 | 1 | $149.23M | +4.5% |
| Next quarter | 1.64 | 1 | $143.08M | +2.2% |
| Current year | 6.64 | 1 | $571.20M | +4.8% |
| Next year | 6.90 | 2 | $582.08M | +1.9% |
Analyst targets & ownership
Mean target$127.00
High target$144.00
Low target$114.00
Implied upside0.72%
Analyst count6
ConsensusHOLD
Strong buy / Buy0 / 1
Hold5
Sell / Strong sell0 / 0
Held by insiders32.48%
Held by institutions67.02%
Institutions holding367
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+258.67K
Net buying
Buy transactions
2
266.67K shares
Sell transactions
2
8.00K shares
Net transactions
+4
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
5.82M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| May 28, 26 | FARAHI JOHN Chief Executive Officer |
SELL | 5.00K | $604.20K | Direct |
| Apr 28, 26 | FARAHI JOHN Chief Executive Officer |
CONVERSION | 200.00K | $7.21M | Direct |
| Apr 23, 26 | FARAHI BAHRAM President |
— | 66.67K | — | Direct |
| Mar 16, 26 | FARAHI JOHN Chief Executive Officer |
SELL | 3.00K | $295.43K | Direct |
| Dec 17, 25 | FARAHI JOHN Chief Executive Officer |
SELL | 6.00K | $619.48K | Direct |
| Sep 29, 25 | FARAHI JOHN Chief Executive Officer |
STOCK | 13.81K | $1.44M | Direct |
| Jul 22, 25 | FARAHI JOHN Chief Executive Officer |
SELL | 2.00K | $211.56K | Direct |
| Jul 22, 25 | SULLIVAN CRAIG F Director |
SELL | 12.20K | $1.29M | Direct |
| Jul 21, 25 | FARAHI JOHN Chief Executive Officer |
CONVERSION | 66.67K | $1.17M | Direct |
| Jan 3, 25 | FARAHI JOHN Chief Executive Officer |
SELL | 3.00K | $230.70K | Direct |
| Oct 23, 24 | FARAHI JOHN Chief Executive Officer |
STOCK | 27.97K | $2.14M | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
FARAHI BAHRAM |
President | 1.16M | Conversion of Exercise of derivative security |
FARAHI JOHN |
Chief Executive Officer | 3.14M | Sale |
SULLIVAN CRAIG F |
Director | 0 | Sale |
Moving averages & technicals
SMA 10
123.77
+1.88% from price
SMA 20
123.43
+2.16% from price
SMA 50
125.43
+0.53% from price
SMA 100
119.02
+5.94% from price
SMA 200
107.32
+17.49% from price
EMA 12
124.12
+1.58% from price
EMA 26
123.81
+1.84% from price
EMA 50
122.95
+2.55% from price
RSI (14)
57.0
Neutral
MACD (12,26,9)
0.31
Hist 0.44
ATR (14)
2.91
2.30% of price
Realised vol 30D
25.6%
Annualised
Bollinger upper
126.24
20, 2σ
Bollinger lower
120.61
20, 2σ
50 / 200 cross
Golden
125.43 vs 107.32
Trend bias
Above 200
+17.49%
Risk profile
Beta vs SPY
0.33
Less volatile than market
Correlation to SPY
0.16
Largely independent
Realised vol 30D
25.6%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-15.9%
Peak to trough
Max drawdown 5Y
-41.8%
Peak to trough
ATR 14
2.91
2.30% of price
Beta (reported)
1.35
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
1.64
Put-heavy session
Put / call open interest
0.06
Positioning, not flow
Max pain
110.00
-12.8% from spot
ATM implied vol
40.7%
Nearest strike to spot
Skew (10% OTM)
-0.3%
Calls bid over puts
Call volume
14
Contracts, this expiry
Put volume
23
Contracts, this expiry
Heaviest call OI
130.00
739 contracts
Heaviest put OI
95.00
13 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Spa Monarch Named No. 1 Best Hotel Spa in the Nation by USA TODAY 10Best Voters
GlobeNewswire · 3d ago
Macquarie Raises Price Target on Monarch Casino & Resort to $128 From $125, Keeps Neutral Rating
MT Newswires · 4d ago
Q2 Earnings Roundup: Monarch (NASDAQ:MCRI) And The Rest Of The Consumer Discretionary - Casino Operator Segment
StockStory · 6d ago
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StockStory · 7d ago
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StockStory · 12d ago
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StockStory · 19d ago
1 Small-Cap Stock to Research Further and 2 Facing Challenges
StockStory · 22d ago
Monarch Casino Resort Spa Earns Two More USA TODAY 10Best Readers’ Choice Awards Nominations, Including First for Best Casino Restaurant
GlobeNewswire · 26d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.