Monarch Casino and Resort inc (MCRI) |
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Price: $74.0000
$1.54
2.125%
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Day's High:
| $74.11
| Week Perf:
| 3.05 %
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Day's Low: |
$ 72.87 |
30 Day Perf: |
8.42 % |
Volume (M): |
125 |
52 Wk High: |
$ 77.64 |
Volume (M$): |
$ 9,213 |
52 Wk Avg: |
$67.53 |
Open: |
$72.87 |
52 Wk Low: |
$56.25 |
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Market Capitalization (Millions $) |
1,453 |
Shares
Outstanding (Millions) |
20 |
Employees |
2,300 |
Revenues (TTM) (Millions $) |
212 |
Net Income (TTM) (Millions $) |
82 |
Cash Flow (TTM) (Millions $) |
5 |
Capital Exp. (TTM) (Millions $) |
49 |
Monarch Casino And Resort Inc
The Atlantis is located approximately three miles south of downtown in the
generally more affluent area of Reno, Nevada. The Atlantis features approximately
61,000 square feet of casino space; 818 guest rooms and suites; eight food outlets;
two gourmet coffee and pastry bars and one snack bar; a 30,000 square-foot health
spa and salon with an enclosed year-round pool; two 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 casino 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.
Atlantis Casino. The Atlantis offers what we believe to be higher than average
payout rates on slot machines relative to other northern Nevada casinos. We
seek to attract high-end players through high quality amenities and services
and by extension of gaming credit after a careful credit history evaluation.
Hotel and Spa. The Atlantis includes three contiguous high-rise hotel towers
with a total of 818 rooms and suites. The rooms on the top seven floors in the
third tower are nearly 20% larger than the standard guest rooms and offer restricted
elevator access, upscale accommodations, and a private concierge service.
The Atlantis hotel rooms feature design and furnishings consistent with the
highest quality in the Northern Nevada market as well as nine-foot ceilings,
which create an open and spacious feel. The third hotel tower features a four-story
waterfall with an adjacent year-round swimming pool in a climate controlled,
five-story glass enclosure, which shares an outdoor pool deck with a seasonal
outdoor swimming pool and year round whirlpool. The Salon at Atlantis is a full
service salon overlooking the third floor sundeck and outdoor seasonal swimming
pool and offers salon-grade products and treatments for hair, nails, skincare
and body services for both men and women. Our Spa Atlantis is a high-end health
spa located adjacent to the swimming area that offers treatments and amenities
unique to our market. The hotel rooms on the spa floor feature décor
that is themed consistent with the spa. The hotel features glass elevators that
rise the full 19 and 28 stories of the respective towers providing panoramic
views of the Reno area and the Sierra Nevada mountain range.
The Monarch Casino Black Hawk is located approximately 40 miles west of Denver,
Colorado and is the first casino encountered by visitors arriving from Denver
on Highway 119. The Monarch Casino Black Hawk features approximately 30,000
square feet of casino space, 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, plus valet parking bringing total parking capacity to 1,500 spaces.
Company Address: 3800 S. Virginia Street Reno 89502 NV
Company Phone Number: 335-4600 Stock Exchange / Ticker: NASDAQ MCRI
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Customers recorded net loss |
Customers recorded net loss |
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Stock Performances by Major Competitors |
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Monarch Casino And Resort Inc
Monarch Casino & Resort, a leading Hotels & Tourism company, has recently announced its fourth-quarter financial results for 2023. Along with this update, the company declared a cash dividend of $0.30 per share, which will be payable on March 15, 2024. This dividend announcement reflects the company's commitment to enhancing shareholder value and marks a significant milestone for Monarch Casino & Resort. One notable aspect mentioned in the financial results is the 12-month dividend payout ratio for Monarch Casino & Resort, which increased to 123.67 in the third quarter of 2023. This growth highlights the company's financial strength and ability to generate consistent returns for its investors. By consistently paying dividends, Monarch Casino & Resort demonstrates its dedication to rewarding shareholders and maintaining financial stability.
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Dividend
Published Wed, Feb 14 2024 9:03 PM UTC
Monarch Casino & Resort Sets New Dividend Record in 2023 Q4 Financial Results In the recently released fourth quarter financial results for 2023, Monarch Casino & Resort has declared a cash dividend of $0.30 per share payable on March 15, 2024. This announcement marks a significant milestone for the company, as it reflects a continued commitment to providing value to its...
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Product Service News
Published Tue, Nov 28 2023 4:00 PM UTC
In an era when food safety and quality have become paramount concerns for the hospitality industry, Procurant Technology, a leading cloud-based software company, has emerged as a game-changer. With Monarch Casino & Resort, Inc. as its latest client, Procurant's innovative suite of food safety solutions is transforming the fresh food supply chain at resort facilitie...
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Monarch Casino And Resort Inc
Monarch Casino and Resort Inc recently released its financial results for the third quarter of 2023, revealing a mixed bag of outcomes. While the company experienced a decline in income compared to the previous year, it showed improvement over the preceding quarter. Additionally, revenue experienced a downturn YoY but showed sequential growth. Notably, there was an increase in inventories and accounts receivable, suggesting potential rising demand. In this article, we will explore these results and their potential impact on Monarch Casino and Resort Inc's future prospects. 1. Decline in Income: Monarch Casino and Resort Inc witnessed a 12.77% drop in income for the third quarter of 2023, with earnings per share falling to $1.23 from $1.41 compared to the previous year. This decline indicates challenges faced by the company, potentially attributed to various market factors or internal dynamics. However, it's crucial to analyze the underlying causes and management's strategies to determine if this is a short-term setback or a concerning trend.
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Monarch Casino And Resort Inc
Monarch Casino And Resort Inc's stock performance over the last five trading days showed a decrease of -0.32%, leading to a year-to-date performance of -9.78%. However, the stock still trades 26.4% above its 52-week low. While these numbers indicate a mixed performance for the company's stock, it is important to assess how the recently disclosed financial results will impact the company going forward. In the second quarter of 2023, Monarch Casino And Resort Inc, a Hotels & Tourism company, reported double-digit growth in both revenue and income. Revenue reached $54.71 million, reflecting a year-on-year increase of 11.704% and a quarterly growth of 13.007%. Meanwhile, income showed an improvement of 15.15% ($1.14) sequentially, and a significant increase of 26.67% compared to the same quarter of the previous year.
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Per Share |
Current |
Earnings (TTM) |
4.19 $ |
Revenues (TTM) |
10.81 $
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Cash Flow (TTM) |
0.23 $ |
Cash |
-
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Book Value |
26.14 $
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Dividend (TTM) |
5.74 $ |
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Per Share |
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Earnings (TTM) |
4.19 $
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Revenues (TTM) |
10.81 $ |
Cash Flow (TTM) |
0.23 $ |
Cash |
-
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Book Value |
26.14 $ |
Dividend (TTM) |
5.74 $ |
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Company Estimates |
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• Revenue Outlook
Monarch Casino And Resort Inc does not provide revenue guidance.
• Earnings Outlook
Monarch Casino and Resort inc does not provide earnings estimates.
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