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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.

MCRI stock split list

Date Split Ratio
2005-03-31 2 - for - 1

Will Monarch Casino & Resort, Inc. Stock Split in 2024?

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.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
MGM 2005-05-19 2 - for - 1
PENN 2013-11-04 4423 - for - 1000
MCRI 2005-03-31 2 - for - 1
GDEN 2014-09-10 1 - for - 2
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