MGM Resorts International (MGM)
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]
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 StatementsAnalyst 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.
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...
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.

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, ...

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...

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...

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.
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.

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 ...

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.

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 - ...

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...

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...

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...

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.

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 ...

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...

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...

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...

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...

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

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...

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...

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...

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...