MONARCH CASINO & RESORT, INC
In the published model solve dated 2026-Q2, anchored at $122.34, MONARCH CASINO & RESORT, INC (MCRI) is priced for +11.9% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
Monarch is a two-property casino operator (the Atlantis in Reno, the Monarch in Black Hawk, Colorado) past its big build-out and now in harvest mode. At about $131 the price prices in roughly 24% annual operating-profit growth for five years, well above the high-single-digit revenue pace the business has been running. The quarter was strong. Q1 2026 net revenue rose 8.9% to $136.6 million, adjusted EBITDA jumped 19% to $49 million, and diluted EPS climbed 45% to $1.52, beating the $1.16 estimat
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231 institutional managers reported holding MCRI in 13F filings for the quarter ended 2026-03-31. Together they hold about 59% of the company; the top 10 hold 34%. 34 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 320k shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (1.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
MCRI has cut its share count 4% over the past five years, spending $150.42M on repurchases. It pays a dividend, and has for 3 years running; the current rate is $1.20 a share annually. Cash returned over the past three years: $60.99M in dividends and $150.42M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at MCRI over the trailing three years. Absence is a fact about the company, not a signal. 5 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
MCRI's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-08 | -5.1% | -7.0% |
| 2023-11-07 | -7.4% | +4.2% |
| 2024-02-29 | +0.6% | -3.1% |
| 2024-05-08 | -5.5% | -2.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
MCRI's latest 8-K filings: 2026-07-21 (items 2.02, 8.01, 9.01); 2026-05-29 (items 5.07); 2026-04-22 (items 2.02, 8.01, 9.01); 2026-02-04 (items 2.02, 8.01, 9.01); 2025-12-19 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.