Loading...

MCRI - Monarch Casino & Resort, Inc.

Analyst Downgrade Signal for 01-05-2024
Analyst Downgrade Signal: MCRI from Buy to Hold by Stifel
Price Target: $--



Stock Signal Information


Signal

Analyst Downgrade Stock
Report Date: 01-05-2024
Symbol: MCRI - Monarch Casino & Resort, Inc.
Sector: Consumer Cyclical
Industry: Resorts & Casinos
Analyst Downgrade Signal: MCRI from Buy to Hold by Stifel
Price Target: $--

  MCRI Technical Chart

Company Contact

Monarch Casino & Resort, Inc. (MCRI)
3800 S Virginia Street, Executive Offices
Reno, NEVADA 89502
Phone: 17753354600
Website: http://www.monarchcasino.com
CEO: Mr. John Farahi


Company Profile

Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada. It also owns and operates the Monarch Casino Black Hawk in Black Hawk, Colorado. As of March 11, 2020, the company's Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 818 guest rooms; 8 food outlets; 2 gourmet coffee and pastry bars; 1 snack bar; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. Its Atlantis Casino Resort Spa also featured 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. In addition, the company's Monarch Casino Black Hawk featured approximately 30,000 square feet of casino space; approximately 740 slot machines; 14 table games; a 250-seat buffet-style restaurant; a snack bar; and a nine-story parking structure with approximately 1,350 spaces, as well as valet parking with a total parking capacity to 1,500 spaces. Monarch Casino & Resort, Inc. was founded in 1972 and is based in Reno, Nevada.