Seven brokers set USD 124.40 target for Monarch Casino stock
Published on 10/20/2026 at 19:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and reporting date
- Seven brokerages assigned Monarch Casino a consensus target of USD 124.40 on October 15, 2026.
- MarketBeat expects third-quarter revenue of USD 147.93 million on October 27, 2026.
- Monarch Casino stock costs EUR 101.50 at Lang & Schwarz on October 20, 2026 at 7:41 p.m. CEST.
- The Nasdaq-listed company had a USD 2.0 billion market capitalization on October 20, 2026.
Monarch Casino & Resort stock has a consensus 12-month target of USD 124.40 from seven brokerages, according to MarketBeat on October 15, 2026. The target stood 8.99 percent above the Nasdaq price of USD 114.14 at the October 20, 2026 quote. At Lang & Schwarz, the stock was trading at EUR 101.50 on October 20, 2026 at 7:41 p.m. CEST.
October 27 brings the next report
Monarch Casino is expected to publish third-quarter 2026 results after the market close on October 27, 2026. MarketBeat puts the revenue estimate at USD 147.93 million and earnings per share at USD 1.86. The timing gives investors a defined event for testing whether casino demand can sustain the company's recent operating pace.
Stock stays below the yearly high
The Nasdaq quote of USD 114.14 on October 20, 2026 was 16.03 percent below the 52-week high of USD 135.93 and 29.51 percent above the low of USD 88.13. The company carried a market capitalization of USD 2.0 billion, a price-to-earnings ratio of 18.28 and trading volume of 55,952 shares on that date.
Monarch Casino operates casino resorts in Reno, Nevada, and Black Hawk, Colorado. Its business combines gaming with hotel rooms, dining, entertainment, spa services and meeting facilities, making quarterly revenue the clearest near-term operating measure.
Valuation remains above the low
The consensus target of USD 124.40 is USD 10.26 above the October 20 Nasdaq price of USD 114.14. That spread is smaller than the gap to the 52-week high, while the 18.28 price-to-earnings ratio provides a dated valuation reference ahead of the results.
Gaming peers show a mixed picture
Comparison with peers
MCRI (Nasdaq, USD): up 0.48 percent, P/E 18.28, market capitalization USD 2.0 billion. PENN Entertainment (Nasdaq, USD): up 0.68 percent, P/E minus 2.32, market capitalization USD 2.0 billion. Caesars Entertainment (Nasdaq, USD): down 0.02 percent, P/E minus 12.73, market capitalization USD 5.9 billion.
Dates and valuation frame the next move
The October 27, 2026 reporting date and the USD 147.93 million revenue estimate are the next measurable tests for the stock. Until then, the Nasdaq price, the USD 124.40 consensus target and the USD 135.93 yearly high define the main levels investors can compare.
The further course of trading is shown by the continuously updated real-time quote of Monarch Casino stock.
Monarch Casino stock at a glance
- Company: Monarch Casino & Resort, Inc.
- ISIN: US6090271072
- Ticker: MCRI
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 7:41 p.m. CEST): EUR 101.50
- Market capitalization: USD 2.0 billion (as of October 20, 2026)
- 52-week range: USD 88.13-135.93 (as of October 20, 2026)
- Sector / Industry: Consumer discretionary / Casinos and gaming
Market context: Market report Nasdaq Composite.
