Monarch Casino & Resort Receives 'Moderate Buy' Rating from Analysts

Analysts see potential in the casino and resort company despite mixed ratings

Published on Mar. 4, 2026

Shares of Monarch Casino & Resort, Inc. (NASDAQ:MCRI) have received an average 'Moderate Buy' rating from seven brokerages currently covering the stock. The analysts' ratings are split, with four giving a 'hold' recommendation, two a 'buy', and one a 'strong buy'. The average 12-month target price is $99.80.

Why it matters

Monarch Casino & Resort operates an integrated casino resort in Reno, Nevada, with a diverse portfolio of gaming, hotel, dining, and entertainment offerings. The mixed analyst ratings reflect the company's performance and growth potential in the competitive casino industry.

The details

The analysts' ratings come after Monarch Casino & Resort reported its latest quarterly earnings. The company's revenue was up 4.1% year-over-year, but earnings per share fell short of expectations. Monarch's stock has traded in the $69.99 to $113.88 range over the past 52 weeks, with a current market capitalization of $1.73 billion.

  • Monarch Casino & Resort reported Q4 2025 earnings on February 4, 2026.
  • The company's stock opened at $96.60 on Wednesday, March 4, 2026.

The players

Monarch Casino & Resort, Inc.

An integrated casino resort operator based in Reno, Nevada, with a diverse portfolio of gaming, hotel, dining, and entertainment offerings.

Weiss Ratings

A financial research firm that covers Monarch Casino & Resort and has issued a 'buy (b-)' rating on the stock.

Zacks Research

An investment research firm that has upgraded Monarch Casino & Resort from a 'hold' rating to a 'strong-buy' rating.

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