Last $18.20 USD
Change Today -0.48 / -2.57%
Volume 17.1K
MCRI On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

monarch casino & resort inc (MCRI) Snapshot

Open
$18.72
Previous Close
$18.68
Day High
$18.72
Day Low
$17.80
52 Week High
04/2/14 - $19.72
52 Week Low
10/15/14 - $11.22
Market Cap
305.8M
Average Volume 10 Days
18.0K
EPS TTM
$0.84
Shares Outstanding
16.8M
EX-Date
--
P/E TM
21.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for MONARCH CASINO & RESORT INC (MCRI)

Related News

No related news articles were found.

monarch casino & resort inc (MCRI) Related Businessweek News

No Related Businessweek News Found

monarch casino & resort inc (MCRI) Details

Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada; and the Monarch Casino Black Hawk in Black Hawk, Colorado. Its Atlantis Casino Resort Spa features approximately 61,000 square feet of casino space; 824 guest rooms and suites; 8 food outlets; 2 espresso and pastry bars; a 30,000 square foot health spa and salon with an enclosed year-round pool; 2 retail outlets offering clothing and traditional gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. The company’s Atlantis Casino Resort Spa also features approximately 1,450 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. Its Monarch Casino Black Hawk features approximately 32,000 square feet of casino space, 600 slot machines, 9 table games, a 250 seat buffet-style restaurant, a snack bar, and a parking structure with approximately 500 spaces. Monarch Casino & Resort, Inc. was founded in 1972 and is based in Reno, Nevada.

monarch casino & resort inc (MCRI) Top Compensated Officers

Co-Chairman, Chief Executive Officer, Secreta...
Total Annual Compensation: $750.0K
Co-Chairman, President, Secretary, Member of ...
Total Annual Compensation: $150.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $300.0K
Chief Operating Officer
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2013.

monarch casino & resort inc (MCRI) Key Developments

Monarch Casino & Resort Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Monarch Casino & Resort Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net revenues of $45,859,000, income from operations of $4,754,000, income before income taxes of $4,466,000, net income of $3,811,000 or $0.22 per diluted share compared to net revenues of $44,504,000, income from operations of $4,163,000, income before income taxes of $3,796,000, net income of $2,059,000 or $0.12 per diluted share for the same quarter year ago. Adjusted EBITDA was $9,536,000 compared to $8,808,000 for the same quarter year ago. Capital expenditures of $8.7 million primarily represent costs related to the Monarch Black Hawk master development plan and were funded from a combination of the company's operating cash flows and credit facility borrowings. For year, the company reported net revenues of $187,767,000, income from operations of $22,219, income before income taxes of $21,115,000, net income of $14,185,000 or $0.83 per diluted share compared to net revenues of $188,749,000, income from operations of $30,455,000, income before income taxes of $28,595,000, net income of $17,961,000 or $1.06 per diluted share for the same quarter year ago. Adjusted EBITDA was $43,475,000 compared to the $48,489,000 for the same quarter year ago.

Monarch Casino &Resort, Inc. Expects to Begin Construction of the New Hotel Tower and Casino Expansion in the Second Quarter of 2016

Monarch Casino &Resort Inc. announced that the company expects to begin construction of the new hotel tower and casino expansion in the second quarter of 2016. The new 23-story tower will nearly double the existing casino space and will include approximately 500 hotel rooms, an upscale spa and pool facility, three additional restaurants and additional bars. Tower floors will be opened as they are finished beginning with the casino expansion and additional restaurants, with the expected opening of the entire tower in late 2017 at a total cost of approximately $229-$234 million. The cost is expected to be financed through a combination of operating cash flow and an expansion or replacement of the company's credit facility. The company also announced the budget and construction timeline for its expansion and conversion of Monarch Black Hawk into a full-scale casino resort which the company expects will benefit from the Denver metropolitan area's strong economic environment and ultimately grow the Black Hawk market. The project will feature a hotel tower with approximately 500 rooms and will nearly double the size of the existing casino while adding three new restaurants and a new parking structure that will triple the total on-site parking from approximately 500 spaces to 1,500 spaces. The total cost of the Monarch Black Hawk expansion, including the cost of the acquired land, new parking structure and hotel tower, is anticipated to be approximately $285-$295 million.

Monarch Casino & Resort Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Monarch Casino & Resort Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net revenues of $48,597,000, income from operations of $6,666,000, income before income taxes of $6,411,000, net income of $4,074,000 or $0.24 per diluted share compared to net revenues of $48,989,000, income from operations of $8,939,000, income before income taxes of $8,528,000, net income of $5,520,000 or $0.32 per diluted share for the same quarter year ago. Total adjusted EBITDA was $11,987,000 compared to $12,783,000, a decline of $0.8 million, or 6.2%, from the same period a year ago. Capital expenditures of $3.5 million in the third quarter of 2014 were funded from operating cash flows and primarily represent costs related to the Monarch Black Hawk master development plan, including the ongoing redesign and upgrade of the existing facility. For nine months, the company reported net revenues of $141,908,000, income from operations of $17,465,000, income before income taxes of $16,649,000, net income of $10,374,000 or $0.61 per diluted share compared to net revenues of $144,245,000, income from operations of $26,292,000, income before income taxes of $24,799,000, net income of $15,902,000 or $0.95 per diluted share for the same quarter year ago. Total adjusted EBITDA was $33,939,000 compared to the $39,682,000 for the same quarter year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MCRI:US $18.20 USD -0.48

MCRI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Century Casinos Inc $5.63 USD -0.02
Gaming Partners International Corp $8.50 USD -0.052
Lakes Entertainment Inc $8.45 USD -0.05
Morgans Hotel Group Co $7.76 USD -0.07
Red Lion Hotels Corp $6.80 USD +0.01
View Industry Companies
 

Industry Analysis

MCRI

Industry Average

Valuation MCRI Industry Range
Price/Earnings 22.5x
Price/Sales 1.7x
Price/Book 1.8x
Price/Cash Flow 9.8x
TEV/Sales 1.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MONARCH CASINO & RESORT INC, please visit www.monarchcasino.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.