Monarch Casino & Resort Stock

Monarch Casino & Resort P/E 2024

Monarch Casino & Resort P/E

14.94

Ticker

MCRI

ISIN

US6090271072

WKN

890467

As of Nov 18, 2024, Monarch Casino & Resort's P/E ratio was 14.94, a -4.84% change from the 15.7 P/E ratio recorded in the previous year.

The Monarch Casino & Resort P/E history

Monarch Casino & Resort Aktienanalyse

What does Monarch Casino & Resort do?

Monarch Casino & Resort Inc. is a company specializing in casino and hotel operations. It was founded in 1993 and is headquartered in Reno, Nevada. The company is listed on the NASDAQ stock exchange under the ticker symbol MCRI. Monarch Casino & Resort Inc.'s business model revolves around providing top-tier casino entertainment and hotel accommodation options for its guests. The company currently operates two locations, the Monarch Casino Black Hawk in Colorado and the Atlantis Casino Resort Spa in Reno, Nevada. Both locations offer high-quality casino games and upscale accommodations for guests. The Monarch Casino Black Hawk in Colorado is the company's newest project, opened in 2019. It is a fully integrated entertainment experience built on a 40,000 square meter property. The casino offers over 900 slot machines, table games, and poker, as well as a top-notch sports betting offering. The hotel has 23 floors and offers 516 luxurious rooms and suites equipped with state-of-the-art technology and amenities. The property also features a spa, fitness center, swimming pool, and rooftop terrace with stunning views of the Rocky Mountains. The Atlantis Casino Resort Spa in Reno, Nevada is a popular destination for vacationers and business travelers. The casino offers over 1,400 slot machines, table games, and poker, as well as a top-notch sports betting offering. The hotel has 824 rooms and suites, all equipped with state-of-the-art technology and amenities. The property also features multiple restaurants, bars, a spa, fitness center, swimming pool, and conference center. Monarch Casino & Resort Inc. is committed to creating a memorable experience for its guests. The company places great emphasis on customer service and continuously invests in cutting-edge technology and amenities. The company also operates several restaurants and retail stores at its locations to offer guests a wide range of dining and shopping experiences. Monarch Casino is a major player in the tourism industry and is continuously striving to expand and improve its business. The company is currently planning to open a new project in Reno, Nevada called the "Monarch Reno Experience." The property will include a casino, hotel, conference space, and multiple restaurants and retail stores. Overall, Monarch Casino & Resort Inc. is a company specializing in top-tier casino entertainment and hotel accommodations. The company currently operates two locations and plans to expand its business. The company is committed to providing its guests with a memorable experience and continuously invests in modern technology and amenities. With its high-quality entertainment offerings and upscale accommodation options, the company remains a major player in the tourism industry. Monarch Casino & Resort ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Monarch Casino & Resort's P/E Ratio

The Price to Earnings (P/E) Ratio of Monarch Casino & Resort is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Monarch Casino & Resort's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Monarch Casino & Resort is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Monarch Casino & Resort’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Monarch Casino & Resort stock

What is the price-to-earnings ratio of Monarch Casino & Resort?

The price-earnings ratio of Monarch Casino & Resort is currently 14.94.

How has the price-earnings ratio of Monarch Casino & Resort changed compared to last year?

The price-to-earnings ratio of Monarch Casino & Resort has increased by -4.84% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Monarch Casino & Resort high compared to other companies?

Yes, the price-to-earnings ratio of Monarch Casino & Resort is high compared to other companies.

How does an increase in the price-earnings ratio of Monarch Casino & Resort affect the company?

An increase in the price-earnings ratio of Monarch Casino & Resort would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Monarch Casino & Resort affect the company?

A decrease in the price-earnings ratio of Monarch Casino & Resort would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Monarch Casino & Resort?

Some factors that influence the price-earnings ratio of Monarch Casino & Resort are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Monarch Casino & Resort pay?

Over the past 12 months, Monarch Casino & Resort paid a dividend of 5.9 USD . This corresponds to a dividend yield of about 7.09 %. For the coming 12 months, Monarch Casino & Resort is expected to pay a dividend of 5.9 USD.

What is the dividend yield of Monarch Casino & Resort?

The current dividend yield of Monarch Casino & Resort is 7.09 %.

When does Monarch Casino & Resort pay dividends?

Monarch Casino & Resort pays a quarterly dividend. This is distributed in the months of March, June, September, December.

How secure is the dividend of Monarch Casino & Resort?

Monarch Casino & Resort paid dividends every year for the past 0 years.

What is the dividend of Monarch Casino & Resort?

For the upcoming 12 months, dividends amounting to 5.9 USD are expected. This corresponds to a dividend yield of 7.09 %.

In which sector is Monarch Casino & Resort located?

Monarch Casino & Resort is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Monarch Casino & Resort kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Monarch Casino & Resort from 12/15/2024 amounting to 0.3 USD, you needed to have the stock in your portfolio before the ex-date on 11/29/2024.

When did Monarch Casino & Resort pay the last dividend?

The last dividend was paid out on 12/15/2024.

What was the dividend of Monarch Casino & Resort in the year 2023?

In the year 2023, Monarch Casino & Resort distributed 0 USD as dividends.

In which currency does Monarch Casino & Resort pay out the dividend?

The dividends of Monarch Casino & Resort are distributed in USD.

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Andere Kennzahlen von Monarch Casino & Resort

Our stock analysis for Monarch Casino & Resort Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Monarch Casino & Resort Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.