Consensus Rating1
Hold
Highest Price Target1
$100.00
Lowest Price Target1
$76.00
Consensus Price Target1
$86.00

Monarch Casino & Resort (NASDAQ:MCRI) Stock, Analyst Ratings, Price Targets, Forecasts

Monarch Casino & Resort Inc has a consensus price target of $86 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 Truist Securities, Jefferies, and Wells Fargo on January 14, 2025, January 3, 2025, and December 16, 2024, respectively. With an average price target of $89 between Truist Securities, Jefferies, and Wells Fargo, there's an implied 5.70% upside for Monarch Casino & Resort Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul 24
0
0
0
0
Oct 24
1
Dec 24
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.1
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Jefferies
Wells Fargo
Stifel
Macquarie

1calculated from analyst ratings

Analyst Ratings for Monarch Casino & Resort

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FAQ

Q

What is the target price for Monarch Casino & Resort (MCRI) stock?

A

The latest price target for Monarch Casino & Resort (NASDAQ:MCRI) was reported by Truist Securities on January 14, 2025. The analyst firm set a price target for $100.00 expecting MCRI to rise to within 12 months (a possible 18.76% upside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Monarch Casino & Resort (MCRI)?

A

The latest analyst rating for Monarch Casino & Resort (NASDAQ:MCRI) was provided by Truist Securities, and Monarch Casino & Resort upgraded their buy rating.

Q

When was the last upgrade for Monarch Casino & Resort (MCRI)?

A

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.

Q

When was the last downgrade for Monarch Casino & Resort (MCRI)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Monarch Casino & Resort (MCRI)?

A

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 January 14, 2025 so you should expect the next rating to be made available sometime around January 14, 2026.

Q

Is the Analyst Rating Monarch Casino & Resort (MCRI) correct?

A

While ratings are subjective and will change, the latest Monarch Casino & Resort (MCRI) rating was a upgraded with a price target of $82.00 to $100.00. The current price Monarch Casino & Resort (MCRI) is trading at is $84.20, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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