John Farahi - Monarch Casino Chairman

MCRI Stock  USD 85.34  0.54  0.63%   

Chairman

Mr. John Farahi is CoChairman of the Board, Chief Executive Officer, Secretary of Monarch Casino Resort, Inc. He has served as Secretary of the Company since November 2011. From 1973 until June 1993, Mr. Farahi was President, Director, and General Manager of Golden Road. Mr. Farahi is a partner in Farahi Investment Company which is engaged in real estate investment and development. Mr. Farahi served on the Washoe County Airport Authority as a Trustee from July 1997 until June 2005. Mr. Farahi is a former member of the Nevada Commission on Tourism and served as a Board Member of the RenoSparks Convention and Visitors Authority until 2017. Mr. Farahi was appointed in 2013 by President Barack Obama to the United States Holocaust Memorial Council. Mr. Farahi holds a political science degree from the California State University at Hayward. The Board believes Mr. Farahi is qualified to serve as a director due to his specific experience as a casino operator and his knowledge of the casino industry.casino operator and his knowledge of the casino industry. since 2011.
Age 77
Tenure 14 years
Address 3800 South Virginia Street, Reno, NV, United States, 89502
Phone775 335 4600
Webhttps://www.monarchcasino.com

Latest Insider Transactions

2025-01-03Disposed of 1000 shares @ 77.7View
2024-10-15Disposed of 2000 shares @ 76.5View
2024-06-21Disposed of 2000 shares @ 68View
Farahi was appointed in 2013 by President Barack Obama to the United States Holocaust Memorial Council.

John Farahi Latest Insider Activity

Tracking and analyzing the buying and selling activities of John Farahi against Monarch Casino stock is an integral part of due diligence when investing in Monarch Casino. John Farahi insider activity provides valuable insight into whether Monarch Casino is net buyers or sellers over its current business cycle. Note, Monarch Casino insiders must abide by specific rules, including filing SEC forms every time they buy or sell Monarch Casino'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Monarch Casino Management Efficiency

The company has return on total asset (ROA) of 0.1102 % which means that it generated a profit of $0.1102 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1708 %, meaning that it created $0.1708 on every $100 dollars invested by stockholders. Monarch Casino's management efficiency ratios could be used to measure how well Monarch Casino manages its routine affairs as well as how well it operates its assets and liabilities. The Monarch Casino's current Return On Tangible Assets is estimated to increase to 0.12, while Return On Capital Employed is projected to decrease to 0.10. As of now, Monarch Casino's Other Current Assets are increasing as compared to previous years. The Monarch Casino's current Total Current Assets is estimated to increase to about 90.5 M, while Other Assets are projected to decrease to under 142 K.
Monarch Casino Resort currently holds 20.42 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Monarch Casino Resort has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Monarch Casino's use of debt, we should always consider it together with its cash and equity.

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Monarch Casino Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company was founded in 1972 and is based in Reno, Nevada. Monarch Casino operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 2650 people. Monarch Casino Resort (MCRI) is traded on NASDAQ Exchange in USA. It is located in 3800 South Virginia Street, Reno, NV, United States, 89502 and employs 2,900 people. Monarch Casino is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

Monarch Casino Resort Leadership Team

Elected by the shareholders, the Monarch Casino's board of directors comprises two types of representatives: Monarch Casino inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Monarch. The board's role is to monitor Monarch Casino's management team and ensure that shareholders' interests are well served. Monarch Casino's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Monarch Casino's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edwin Koenig, Director of Corporate Devel. and Analysis
Richard Cooley, Vice President - Finance
Edwin CPA, Chief Officer
John Farahi, Co-Chairman, CEO, Secretary, Member of Strategic Planning Committee, Member of Marketing and Entertainment Committee, Co-Chairman of Golden Road Motor Inn Inc and CEO of Golden Road Motor Inn Inc
Darlyne Sullivan, Executive Vice President - Operations and General Manager of Atlantis
Michelle Shriver, Corporate Operations
Bahram Farahi, CoChairman President

Monarch Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Monarch Casino a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Monarch Casino Resort offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monarch Casino's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Monarch Casino Resort Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monarch Casino Resort Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarch Casino Resort. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Monarch Casino. If investors know Monarch will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Monarch Casino listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.195
Dividend Share
1.2
Earnings Share
4.53
Revenue Per Share
27.4
Quarterly Revenue Growth
0.037
The market value of Monarch Casino Resort is measured differently than its book value, which is the value of Monarch that is recorded on the company's balance sheet. Investors also form their own opinion of Monarch Casino's value that differs from its market value or its book value, called intrinsic value, which is Monarch Casino's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Monarch Casino's market value can be influenced by many factors that don't directly affect Monarch Casino's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Monarch Casino's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monarch Casino is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monarch Casino's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.