Monarch Casino Stock Price, News & Analysis

Monarch Casino & Resort (NASDAQ: MCRI) reported record first quarter 2025 financial results, with net revenue increasing 3.1% year-over-year to $125.4 million. The company achieved notable growth with net income rising 8.7% to $19.8 million and Adjusted EBITDA growing 6.7% to $41.1 million.

Key financial highlights include:

• Diluted EPS increased 12.9% to $1.05
• Casino revenue grew 5.0%
• Operating margin improved 110 basis points to 32.8%

The company maintains a strong financial position with $75.1 million in cash and no borrowings. A quarterly cash dividend of $0.30 per share was declared, payable on June 15, 2025. Monarch's Atlantis property is completing a $100 million hotel room redesign project, with the remaining 76 rooms expected to be finished before Memorial Day weekend.

Monarch Casino & Resort (NASDAQ: MCRI) has scheduled its 2025 first quarter financial results release for Tuesday, April 22, 2025, after market close. The announcement will provide insights into the company's financial performance for Q1 2025.

Monarch Casino & Resort (NASDAQ: MCRI) has announced significant adjustments to its Q4 and full-year 2024 financial results following a court decision in its litigation with PCL Construction Services. The District Court of Denver awarded PCL damages of $74.7 million, while Monarch received $144,894 for its counterclaims, resulting in a net judgment of $74.6 million against Monarch.

The company has adjusted its balance sheet to reflect an additional $27.6 million liability, recorded as 'Loss on Litigation.' This adjustment has substantially impacted the previously reported results:

• Q4 2024 net income decreased from $25.5M to $4.2M
• Full-year 2024 net income reduced from $94.1M to $72.8M
• Q4 diluted EPS dropped from $1.36 to $0.22
• Full-year diluted EPS declined from $4.96 to $3.84

Monarch plans to appeal the decision to the Colorado Court of Appeals. The company noted that Adjusted EBITDA remains unaffected by these adjustments.

Monarch Casino & Resort (Nasdaq: MCRI) has been recognized as one of America's most successful small companies by Forbes, ranking 79th on the 2025 list. This marks the third recognition in four years for Monarch, which operates Atlantis Casino Resort Spa in Reno, Nevada and Monarch Casino Resort Spa in Black Hawk, Colorado.

The company demonstrated strong performance with a 52-week return of 34% and revenue of $516 million as of November 8, 2024. Forbes evaluated 914 companies with market values between $300 million and $2 billion, selecting the top 100 based on earnings growth, sales growth, return on equity, and total stock return over both the latest 12 months and five-year periods.

Notably, Monarch is the only northern Nevada company to make this prestigious list. CEO John Farahi attributed the success to team dedication, innovation, and consistent property reinvestment strategy.

Atlantis Casino Resort Spa in Reno has achieved notable recognition with two Forbes Four-Star Awards for its Atlantis Steakhouse and Spa Atlantis. The property stands as the only establishment in Reno acknowledged by Forbes Travel Guide, the leading authority on hospitality excellence.

Spa Atlantis, a 30,000-square-foot facility, has maintained its Four-Star status for 10 consecutive years, joining an elite group of only 224 spas worldwide with this distinction. The Atlantis Steakhouse, receiving the award for the second time, is northern Nevada's sole Forbes Four-Star restaurant, among just 131 worldwide.

The steakhouse features premium cuts from Allen Brothers of Chicago and Japanese Wagyu from Kumamoto, supported by a wine selection that has earned the Wine Spectator Award of Excellence for 24 straight years. Additionally, both the Atlantis Hotel and Bistro Napa have maintained Forbes Recommended ratings for 10 consecutive years, demonstrating consistent excellence in service and facilities.

Monarch Casino & Resort (MCRI) reported record financial results for Q4 2024, with net revenue increasing 4.9% to $134.5 million and net income rising 40.1% to $25.5 million compared to Q4 2023. The company's adjusted EBITDA grew 9.9% to $47.3 million, achieving a record fourth quarter EBITDA margin of 35.1%.

Casino and hotel revenues increased by 6.0% and 8.3% respectively, while food and beverage revenue slightly decreased by 0.7%. The company maintains a strong financial position with $58.8 million in cash and no borrowings against its credit facility. Monarch Black Hawk continues to gain market share in Colorado, while Atlantis in Reno is nearing completion of a $100 million hotel room upgrade project, expected to finish by Q2 2025.

The company declared a quarterly cash dividend of $0.30 per share, payable on March 15, 2025, as part of its annual dividend program of $1.20 per share.

Monarch Casino & Resort (NASDAQ: MCRI) has announced it will release its fourth quarter 2024 financial results after market close on Tuesday, February 11, 2025. The announcement is a standard earnings release notification.

Monarch Casino & Resort (NASDAQ: MCRI) reported strong Q3 2024 results with record net revenue of $137.9 million, up 3.7% year-over-year, and net income of $27.6 million, increasing 14.2%. Casino and hotel revenues grew by 3.4% and 5.0% respectively, while food and beverage revenue slightly decreased by 0.2%. The company achieved Adjusted EBITDA of $50.6 million, a 2.9% increase. Diluted earnings per share rose 19.5% to $1.47. The company declared a quarterly cash dividend of $0.30 per share, payable December 15, 2024. During Q3, Monarch purchased 131,285 shares for $9.6 million and maintained a strong balance sheet with $39.4 million in cash.

Monarch Casino & Resort, Inc. (NASDAQ: MCRI) has announced that it will release its 2024 third quarter financial results after the market closes on Wednesday, October 23, 2024. This announcement sets the date for investors and analysts to review the company's performance for the third quarter of the fiscal year 2024.