Monarch Casino & Resort (NASDAQ: MCRI) recently received a number of ratings updates from brokerages and research firms:
- 7/22/2026 – Monarch Casino & Resort was downgraded by Zacks Research from “hold” to “strong sell”.
- 7/21/2026 – Monarch Casino & Resort had its price target raised by Stifel Nicolaus from $102.00 to $128.00. They now have a “hold” rating on the stock.
- 7/21/2026 – Monarch Casino & Resort had its price target lowered by Wells Fargo & Company from $116.00 to $114.00. They now have an “equal weight” rating on the stock.
- 7/20/2026 – Monarch Casino & Resort had its price target raised by Truist Financial Corporation from $125.00 to $144.00. They now have a “buy” rating on the stock.
- 7/14/2026 – Monarch Casino & Resort had its price target raised by Wells Fargo & Company from $99.00 to $116.00. They now have an “equal weight” rating on the stock.
- 7/2/2026 – Monarch Casino & Resort was given a new $124.00 price target by UBS Group AG.
- 7/2/2026 – Monarch Casino & Resort had its “hold” rating reaffirmed by Jefferies Financial Group Inc..
- 6/22/2026 – Monarch Casino & Resort was downgraded by Zacks Research from “strong-buy” to “hold”.
Monarch Casino & Resort Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $0.30 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.0%. Monarch Casino & Resort’s dividend payout ratio is presently 19.23%.
Insider Activity at Monarch Casino & Resort
In related news, CEO John Farahi sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $120.84, for a total value of $604,200.00. Following the completion of the sale, the chief executive officer owned 616,556 shares in the company, valued at approximately $74,504,627.04. The trade was a 0.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 26.34% of the company’s stock.
Monarch Casino & Resort, Inc is a publicly traded owner and operator of an integrated casino resort in Reno, Nevada. The company’s flagship property, the Atlantis Casino Resort Spa, features a full-service casino floor with table games, slot machines, and sports betting, complemented by a diverse portfolio of amenities. Guests can choose from over 800 rooms and suites, dine at multiple on-site restaurants and bars, unwind at the full-service spa and salon, or enjoy live entertainment in the property’s showroom.
Monarch’s revenue streams are diversified across gaming operations, hotel accommodations, food and beverage services, and convention and meeting facilities.
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