Monarch Casino & Resort

Shares of Monarch Casino & Resort climbed to an all-time high of $121.87 and were up 44.18% over the past year. The company recently beat earnings expectations, with adjusted EBITDA in the first quarter coming in 12% above forecasts. Truist raised its price target to $125 and reiterated its "Buy" rating; Stifel raised its target to $102 and kept a "Hold" rating. Drivers included room renovations in Reno, poor ski weather that increased casino visits, and growth in gross gaming revenue in Reno and Black Hawk. » More on de.investing.com

Shares of Monarch Casino & Resort rose to a record high of $114.04, gaining 45.27% over the past year. The company reported strong results, with adjusted EBITDA beating expectations, driven by renovations in Reno, robust gaming revenue in Reno and Black Hawk, and market share gains. Truist Securities raised its price target to $125 and confirmed a "Buy" rating; Stifel lifted its target to $102 and kept its "Hold" rating. » More on de.investing.com

Yvette E. Landau will resign from the board of directors and from the compensation and audit committees effective January 1, 2026. The board appointed Hope Taitz as her successor, subject to regulatory approvals; she will also serve on the compensation and audit committees. Taitz will receive an annual retainer of $75,000 and an initial grant of options on 6,100 common shares on June 30, 2026, with subsequent quarterly grants that vest six months after issuance. Monarch also reported adjusted EBITDA for the third quarter that was 2% above expectations; analysts responded with a target-price increase from Stifel and a buy-rating confirmation from Truist, while management is evaluating expansion options. » More on de.investing.com