Monarch Casino & Resort, Inc. (MCRI) Analysts See $0.37 EPS

July 18, 2017 - By Hazel Jackson

 Monarch Casino & Resort, Inc. (MCRI) Analysts See $0.37 EPS
Investors sentiment increased to 1.87 in Q4 2016. Its up 0.72, from 1.15 in 2016Q3. It is positive, as 7 investors sold Monarch Casino & Resort, Inc. shares while 23 reduced holdings. 16 funds opened positions while 40 raised stakes. 9.55 million shares or 2.48% more from 9.32 million shares in 2016Q3 were reported.
State Of Alaska Department Of Revenue invested 0% in Monarch Casino & Resort, Inc. (NASDAQ:MCRI). Comerica Natl Bank invested in 0% or 9,897 shares. First Ltd Partnership stated it has 0% of its portfolio in Monarch Casino & Resort, Inc. (NASDAQ:MCRI). Vanguard Group Inc Inc has 525,930 shares for 0% of their portfolio. 27,118 were accumulated by Numeric Investors Limited Liability Company. Natl Bank Of Mellon Corp accumulated 141,816 shares. Wall Street has 12,700 shares for 0.22% of their portfolio. California State Teachers Retirement System stated it has 21,866 shares or 0% of all its holdings. Metropolitan Life Insurance Company Ny invested 0% in Monarch Casino & Resort, Inc. (NASDAQ:MCRI). Panagora Asset stated it has 71,711 shares. Bank & Trust Of America Corporation De has 0% invested in Monarch Casino & Resort, Inc. (NASDAQ:MCRI) for 8,819 shares. Connor Clark And Lunn Investment Management Limited holds 11,525 shares. 64,253 are held by Blackrock Invest Management Ltd Limited Liability Company. Pinebridge Investments Limited Partnership holds 1,387 shares. Wedge Mgmt L L P Nc invested 0.01% of its portfolio in Monarch Casino & Resort, Inc. (NASDAQ:MCRI).

Analysts await Monarch Casino & Resort, Inc. (NASDAQ:MCRI) to report earnings on July, 19. They expect $0.37 earnings per share, up 15.63 % or $0.05 from last year’s $0.32 per share. MCRI’s profit will be $6.51M for 20.20 P/E if the $0.37 EPS becomes a reality. After $0.27 actual earnings per share reported by Monarch Casino & Resort, Inc. for the previous quarter, Wall Street now forecasts 37.04 % EPS growth. The stock increased 0.23% or $0.07 during the last trading session, reaching $29.89. About shares traded. Monarch Casino & Resort, Inc. (NASDAQ:MCRI) has risen 53.31% since July 18, 2016 and is uptrending. It has outperformed by 36.61% the S&P500.

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Ratings Coverage

Among 2 analysts covering Monarch Casino & Resort (NASDAQ:MCRI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Monarch Casino & Resort had 2 analyst reports since December 8, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, December 8 by Sidoti. The company was initiated on Friday, October 14 by Gabelli.

Monarch Casino & Resort, Inc. , through its subsidiary, owns and operates the Atlantis Casino Resort Spa (the Atlantis), a hotel/casino facility in Reno, Nevada. The company has market cap of $525.68 million. The Firm also owns and operates Monarch Casino Black Hawk. It has a 21.37 P/E ratio. The Company’s divisions include Atlantis and Monarch Casino Black Hawk.

More recent Monarch Casino & Resort, Inc. (NASDAQ:MCRI) news were published by: Seekingalpha.com which released: “Monarch Casino & Resort: Markets Growing, But Not The Share Price” on May 21, 2016. Also Seekingalpha.com published the news titled: “Monarch Casino & Resort: Execution Continues, But How Much Is Priced In?” on February 27, 2017. Reuters.com‘s news article titled: “BRIEF-Park West Asset Management reports 5.2 pct passive stake in Monarch …” with publication date: April 10, 2017 was also an interesting one.

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