MGM Resorts International (MGM)

NYSE: MGM · Real-Time Price · USD
32.05
-0.37 (-1.14%)
Mar 25, 2025, 4:00 PM EST - Market closed
-1.14%
Market Cap 9.15B
Revenue (ttm) 17.24B
Net Income (ttm) 743.65M
Shares Out 285.55M
EPS (ttm) 2.40
PE Ratio 13.35
Forward PE 14.06
Dividend n/a
Ex-Dividend Date n/a
Volume 3,629,356
Open 32.53
Previous Close 32.42
Day's Range 31.82 - 32.65
52-Week Range 29.99 - 48.25
Beta 2.19
Analysts Strong Buy
Price Target 51.06 (+59.31%)
Earnings Date Apr 30, 2025

About MGM

MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. The company operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. It operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. The company’s casino operations include slots and table games, as well as live dealer, online sp... [Read more]

Founded 1986
Employees 78,000
Stock Exchange NYSE
Ticker Symbol MGM
Full Company Profile

Financial Performance

In 2024, MGM Resorts International's revenue was $17.24 billion, an increase of 6.66% compared to the previous year's $16.16 billion. Earnings were $743.65 million, a decrease of -35.01%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for MGM stock is "Strong Buy." The 12-month stock price forecast is $51.06, which is an increase of 59.31% from the latest price.

Price Target
$51.06
(59.31% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MGM REWARDS UNVEILS ENHANCED PARTNER BENEFITS AND NEW MILESTONE REWARDS SET TO ELEVATE MEMBER EXPERIENCE ON LAND AND AT SEA

New Marriott Bonvoy Tier Matching, Enriched Royal Caribbean and Celebrity Vacation Perks, Tier Celebrations and Rollover Tier Credits Highlight Exciting Program Enhancements Click here to download hig...

16 hours ago - PRNewsWire

Must-have casino stocks for your 2025 portfolio

Here are the top casino stocks investors should hold onto this year. Transcript: CHAD BEYNON: We like Wynn WYNN resorts right here.

Other symbols: WYNN
9 days ago - The Street

MGM RESORTS WELCOMES NBCUNIVERSAL EXECUTIVE DONNA LANGLEY TO BOARD OF DIRECTORS

LAS VEGAS , March 12, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today appointed Dame Donna Langley, Chairman of NBCUniversal Entertainment & Studios, ...

13 days ago - PRNewsWire

MGM Resorts International Will Present at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum

LAS VEGAS , March 11, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will participate in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management...

14 days ago - PRNewsWire

MGM RESORTS & BETMGM EXPAND COMMITMENT TO PROBLEM GAMBLING RESEARCH, TREATMENT & PUBLIC AWARENESS

Collaboration coincides with gaming leaders' support of Problem Gambling Awareness Month  LAS VEGAS , Feb. 28, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and BetMGM announced today the...

25 days ago - PRNewsWire

MGM Resorts International Joins the College Basketball Crown as Official Partner

LOS ANGELES--(BUSINESS WIRE)--The College Basketball Crown today announced MGM Resorts International as an Official Partner of the post-season tournament taking place in Las Vegas.

26 days ago - Business Wire

Macquarie's Chad Beynon weighs in on casino stocks hitting the jackpot

Chad Beynon, Macquarie U.S. Equity Research senior gaming, lodging, theatre analyst, joins 'Power Lunch' to discuss casino stock's upside gains and the strength in Macao business.

Other symbols: CZRDKNGFLUTLVSWYNN
5 weeks ago - CNBC Television

S&P 500 Gains and Losses Today: MGM Stock Surges as Macau, Digital Businesses Thrive

Major U.S. equities indexes moved higher as President Donald Trump signed an executive order instructing his administration to investigate reciprocal tariffs but stopped short of immediately imposing ...

5 weeks ago - Investopedia

Top 3 Consumer Stocks You May Want To Dump In February

As of Feb. 13, 2025, three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: BROSRRR
5 weeks ago - Benzinga

MGM Resorts International (MGM) Q4 2024 Earnings Call Transcript

MGM Resorts International (NYSE:MGM) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Howard Wang - VP of IR Bill Hornbuckle - CEO and President Jonathan Halkyard - ...

5 weeks ago - Seeking Alpha

MGM China Reports 2024 Annual Results

Record-High Revenue and EBITDA Market Share Continued to Grow HONG KONG , Feb. 12, 2025 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced...

5 weeks ago - PRNewsWire

MGM RESORTS INTERNATIONAL REPORTS FOURTH QUARTER AND RECORD FULL YEAR 2024 RESULTS

MGM Resorts reports record full year consolidated net revenues, up 7% to $17.2 billion MGM China has record full year Segment Adjusted EBITDAR of $1.1 billion, an increase of 25% from prior year Repur...

5 weeks ago - PRNewsWire

NETFLIX BITES IS NOW OPEN!

NETFLIX AND MGM GRAND UNVEIL NEW DINING EXPERIENCE IN LAS VEGAS – Reveal of Full Menu Inspired by Fan-Favorite Shows and Movies, Including Bridgerton, Stranger Things, Squid Game, ONE PIECE, Glass Oni...

Other symbols: NFLX
6 weeks ago - PRNewsWire

BetMGM, DraftKings score ‘most successful' Super Bowl in history as football bettors' winning streak ends

Sportsbooks were pulling for an Eagles win, and they got it, ending one of the most ‘customer-friendly' NFL seasons to date.

Other symbols: DKNG
6 weeks ago - Market Watch

MGM Resorts: Undervalued Too Long, It Needs To Spin Off Its Digital Unit To Build Real Value

MGM Resorts International's stock is stable between $33.23 and $46.60, supported by strong revenue, EBITDA, and a value P/E of 10.63. Global expansion includes a $8 billion Japan project, financed by ...

6 weeks ago - Seeking Alpha

BETMGM FY 2024 UPDATE

2024 strategic refinement and delivery underpins confidence of positive EBITDA in 2025 LAS VEGAS , Feb. 4, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming ope...

7 weeks ago - PRNewsWire

MGM Resorts settles lawsuits after millions of customer records stolen in data breaches

Hotel and casino giant MGM Resorts has agreed to pay $45 million to settle more than a dozen class action lawsuits after hackers stole personal data on millions of customers in two separate cyberattac...

7 weeks ago - TechCrunch

BetMGM Secures Exclusive Online Casino Content Rights To "Family Feud" and "The Price is Right" With Fremantle Partnership

Collaboration will bring bespoke content and never-before-seen show integrations JERSEY CITY, N.J. , Jan. 19, 2025 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, announced toda...

2 months ago - PRNewsWire

MGM GRAND ANNOUNCES $300 MILLION ROOM AND SUITE REMODEL

Newly remodeled rooms available for reservation beginning March 1, 2025 LAS VEGAS , Jan. 17, 2025 /PRNewswire/ -- MGM Grand Hotel & Casino is revealing details surrounding its $300 million remodel enc...

2 months ago - PRNewsWire

MGM Resorts: A 13% FCF Yielding Bet That Could Double In 3 Years

MGM Resorts: A 13% FCF Yielding Bet That Could Double In 3 Years

2 months ago - Seeking Alpha

MGM Stock Could Rise 60% If It Recovers To Pre-Inflation Shock Highs

MGM Resorts stock (NYSE: MGM) currently trades at $32 per share (Jan. 13), roughly 36% below its pre-inflation shock high of $50 seen on November 5, 2021. The stock has been impacted by the Macau oper...

2 months ago - Forbes

MGM Resorts: Ready To Roll The Dice On A Market Leader And Cashflow Generator

Starting coverage of MGM Resorts today, I am calling it a buy, driven by its top market share and steady trend of positive cashflow. Although the macro outlook for Las Vegas is mixed for 2025, MGM has...

2 months ago - Seeking Alpha

MGM Resorts International and Entain Notice of BetMGM FY 2024 Update

LAS VEGAS , Jan. 7, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Re...

2 months ago - PRNewsWire

MGM Resorts International Announces Fourth Quarter and Full Year 2024 Earnings Release Date

LAS VEGAS , Jan. 7, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2024 after the m...

2 months ago - PRNewsWire

Where do casino stocks go from here, after a slump in 2024

CNBC's Contessa Brewer joins 'Squawk on the Street' to discuss casino stocks slump in 2024.

Other symbols: LVSMLCOWYNN
3 months ago - CNBC Television