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$81.34
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Monarch Casino & Resort Analyst Ratings and Price Targets | NASDAQ:MCRI | Benzinga
Monarch Casino & Resort Inc has a consensus price target of $88.67 based on the ratings of 6 analysts. The high is $100 issued by Truist Securities on January 14, 2025. The low is $76 issued by Macquarie on July 25, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Stifel, and Truist Securities on February 12, 2025, February 12, 2025, and January 14, 2025, respectively. With an average price target of $90.67 between Wells Fargo, Stifel, and Truist Securities, there's an implied 11.47% upside for Monarch Casino & Resort Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Stifel
Truist Securities
Jefferies
Macquarie
1calculated from analyst ratings
Analyst Ratings for Monarch Casino & Resort
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 02/12/2025 | Buy Now | 0.81% | Wells Fargo | Zachary Silverberg33% | $79 → $82 | Maintains | Underweight | Get Alert |
| 02/12/2025 | Buy Now | 10.65% | Stifel | Jeffrey Stantial38% | $80 → $90 | Maintains | Hold | Get Alert |
| 01/14/2025 | Buy Now | 22.94% | Truist Securities | Barry Jonas64% | $82 → $100 | Upgrade | Hold → Buy | Get Alert |
| 01/03/2025 | Buy Now | 8.19% | Jefferies | David Katz52% | $73 → $88 | Maintains | Hold | Get Alert |
| 12/16/2024 | Buy Now | -2.88% | Wells Fargo | Zachary Silverberg33% | → $79 | Initiates | → Underweight | Get Alert |
| 10/24/2024 | Buy Now | -5.34% | Stifel | Jeffrey Stantial38% | $72 → $77 | Maintains | Hold | Get Alert |
| 10/23/2024 | Buy Now | 0.81% | Truist Securities | Barry Jonas64% | $75 → $82 | Maintains | Hold | Get Alert |
| 07/25/2024 | Buy Now | -6.57% | Macquarie | Chad Beynon50% | $76 → $76 | Maintains | Neutral | Get Alert |
| 07/25/2024 | Buy Now | -7.79% | Truist Securities | Barry Jonas64% | $74 → $75 | Maintains | Hold | Get Alert |
| 04/18/2024 | Buy Now | -6.57% | Macquarie | Chad Beynon50% | $75 → $76 | Maintains | Neutral | Get Alert |
| 02/15/2024 | Buy Now | -9.02% | Truist Securities | Barry Jonas64% | $72 → $74 | Maintains | Hold | Get Alert |
| 01/05/2024 | Buy Now | -13.94% | Stifel | Jeffrey Stantial38% | → $70 | Downgrade | Buy → Hold | Get Alert |
| 10/19/2023 | Buy Now | -20.09% | Truist Securities | Barry Jonas64% | → $65 | Downgrade | Buy → Hold | Get Alert |
| 10/19/2023 | Buy Now | 2.04% | Stifel | Jeffrey Stantial38% | $91 → $83 | Maintains | Buy | Get Alert |
| 10/18/2023 | Buy Now | 10.65% | Truist Securities | Barry Jonas64% | $95 → $90 | Maintains | Buy | Get Alert |
| 06/27/2023 | Buy Now | 16.79% | Truist Securities | Barry Jonas64% | → $95 | Reiterates | Buy → Buy | Get Alert |
| 01/18/2023 | Buy Now | -0.42% | Macquarie | Chad Beynon50% | $82 → $81 | Downgrade | Outperform → Neutral | Get Alert |
| 10/20/2022 | Buy Now | 9.42% | Truist Securities | Barry Jonas64% | $85 → $89 | Maintains | Buy | Get Alert |
| 10/20/2022 | Buy Now | -5.34% | Stifel | Jeffrey Stantial38% | $70 → $77 | Upgrade | Hold → Buy | Get Alert |
| 07/20/2022 | Buy Now | 4.5% | Truist Securities | Barry Jonas64% | $100 → $85 | Maintains | Buy | Get Alert |
| 04/21/2022 | Buy Now | 18.02% | Stifel | Steven Wieczynski65% | → $96 | Downgrade | Buy → Hold | Get Alert |
| 04/21/2022 | Buy Now | 10.65% | Jefferies | David Katz52% | $85 → $90 | Downgrade | Buy → Hold | Get Alert |
| 04/19/2022 | Buy Now | 22.94% | Truist Securities | Barry Jonas64% | $88 → $100 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Monarch Casino & Resort (MCRI) stock?
The latest price target for Monarch Casino & Resort (NASDAQ:MCRI) was reported by Wells Fargo on February 12, 2025. The analyst firm set a price target for $82.00 expecting MCRI to rise to within 12 months (a possible 0.81% upside). 10 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Monarch Casino & Resort (MCRI)?
The latest analyst rating for Monarch Casino & Resort (NASDAQ:MCRI) was provided by Wells Fargo, and Monarch Casino & Resort maintained their underweight rating.
When was the last upgrade for Monarch Casino & Resort (MCRI)?
The last upgrade for Monarch Casino & Resort Inc happened on January 14, 2025 when Truist Securities raised their price target to $100. Truist Securities previously had a hold for Monarch Casino & Resort Inc.
When was the last downgrade for Monarch Casino & Resort (MCRI)?
The last downgrade for Monarch Casino & Resort Inc happened on January 5, 2024 when Stifel changed their price target from N/A to $70 for Monarch Casino & Resort Inc.
When is the next analyst rating going to be posted or updated for Monarch Casino & Resort (MCRI)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Monarch Casino & Resort, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Monarch Casino & Resort was filed on February 12, 2025 so you should expect the next rating to be made available sometime around February 12, 2026.
Is the Analyst Rating Monarch Casino & Resort (MCRI) correct?
While ratings are subjective and will change, the latest Monarch Casino & Resort (MCRI) rating was a maintained with a price target of $79.00 to $82.00. The current price Monarch Casino & Resort (MCRI) is trading at is $81.34, which is within the analyst’s predicted range.
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