Monarch Casino & Resort, Inc. (MCRI) Stock Split History

Monarch Casino & Resort, Inc. has split its stock once since its initial public offering (IPO). The stock split of Monarch Casino & Resort, Inc. occurred on March 31, 2005 on a 2-for-1 basis, meaning that for 1 share of MCRI owned pre-split, shareholders then owned 2 shares.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Monarch Casino & Resort, Inc.'s total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Monarch Casino & Resort, Inc. has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when MCRI stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Monarch Casino & Resort, Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.