MCRI’s stock price for the last year is plotted below, alongside a 50-day moving average to show the consistent upward trend.Īs a result of Monarch’s rebound and high growth potential, the company’s stock has skyrocketed, with a 352% increase in share price from $15.69 in March 2020 to $70.59 today.Īlthough Monarch has seen a significant increase in debt liabilities in recent years, with its net leverage ratio increasing from -0.1x in 2017 to 3.5x in 2020, it is not an area of concern. IBISWorld predicts an average annual industry growth of 14.8% in revenue from 2020 to 2025. The company’s year-to-date return of 17.0% also beat the industry average of 9.1% and the S&P 500’s 12.1%. Recent shareholder reports have shown Q1 2021 revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) to be 46.9% and 181.6% higher than Q1 2020 figures, respectively. Although COVID-19 did negatively impact Monarch’s business, with annual revenue declining by 26% from 2019 to 2020, the company has rebounded, with sales not only projected to return to pre-COVID-19 levels but exceed them.
It reported a compound annual growth rate (CAGR) of an 8.01% for revenue and 22.11% for share price from 2011 to 2019. The company showed strong growth in the years before COVID-19. The most recent one, an expansion of the company’s Black Hawk location, was completed in November 2020.Įxclusive Candy Keynes Is Making Us Sick! Here’s My Remedy Both establishments have since undergone multiple expansions, renovations and rebrandings upon coming under Monarch ownership. Monarch’s business entirely derives from two locations: its flagship Atlantis Casino Resort Spa in Reno, Nevada, purchased upon the company’s founding in 1972, and the Monarch Casino Resort Spa in Black Hawk, Colorado, acquired in 2012. ( NASDAQ:MCRI) is an owner and operator of casino resort spas in the western United States. FCPT currently has a dividend yield of 4.6%, compared to just 0.3% for the industry average and 1.2% for the S&P 500 average.Ī discounted cash flow (DCF) analysis using Stock Rover values the stock at $31.50, 13.3% higher than its latest closing price of $27.81, with analysts projecting an 11.1% growth in sales for 2021, earning FCPT a “Buy” recommendation. The company’s resilience and ability to stay profitable and generate strong returns during COVID-19, with a one-year volatility rate of 0.35 compared to the industry average of 0.52, makes it an attractive investment during a time of high volatility in the economy and markets.Īs a REIT, Four Corners should appeal to those looking to invest in stocks with high dividend payments, since REITs are required by law to pay out more than 90% of their taxable income to their shareholders. With a return on invested capital, return on equity and return on assets of 6.6%, 9.3% and 4.6%, respectively, Four Corners stands well above the comparable industry averages of -6.4%, -17.2% and -7.7%. What differentiates FCPT is its high returns compared to the rest of the industry. Its one-year returns are charted below with a 50-day moving average line.
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Exclusive Three Software Investments to Buy as Technology Stocks Start to FlyįCPT suffered a 125% drop in share price in March 2020 due to COVID-19 but has since reclaimed most of its losses and experienced a 24.8% growth in share price over the past 12 months.
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