MGM Resorts International (MGM)
| Market Cap | 8.50B |
| Revenue (ttm) | 17.29B |
| Net Income (ttm) | 66.76M |
| Shares Out | 272.19M |
| EPS (ttm) | 0.23 |
| PE Ratio | 135.16 |
| Forward PE | 13.54 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,784,100 |
| Open | 31.43 |
| Previous Close | 31.95 |
| Day's Range | 30.96 - 31.84 |
| 52-Week Range | 25.30 - 42.54 |
| Beta | 1.67 |
| Analysts | Buy |
| Price Target | 47.62 (+52.58%) |
| Earnings Date | Oct 29, 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 Summary
According to 15 analysts, the average rating for MGM stock is "Buy." The 12-month stock price target is $47.62, which is an increase of 52.58% from the latest price.
News
MGM Resorts International (MGM) Q3 2025 Earnings Call Transcript
MGM Resorts International ( MGM) Q3 2025 Earnings Call October 29, 2025 5:00 PM EDT Company Participants Howard Wang William Hornbuckle - President, CEO & Director Jonathan Halkyard - CFO & Treasurer...
MGM China Reports 2025 Third-Quarter Results
Record Third Quarter Adjusted EBITDA Posted 20% Year-on-Year Growth HONG KONG , Oct. 29, 2025 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today an...
MGM Resorts Swings to Loss on Charges Tied to N.Y. Casino
The Las Vegas-based hotel and casino operator bottom line was hit by a $256 million noncash goodwill impairment charge tied to withdrawing an application for a New York casino.
MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2025 FINANCIAL AND OPERATING RESULTS
Consolidated net revenues increased 2% year over year MGM China achieved both record 3Q Segment Adjusted EBITDAR and market share of 15.5% BetMGM North American venture reported strong revenue and EB...
Illegal NBA gambling busts put sportsbooks on the defense
FBI Director Kash Patel on Thursday announced the arrests of Portland Trailblazers coach Chauncey Billups and Miami Heat player Terry Rozier. Legal licensed sportsbooks in the U.S. have enjoyed massiv...
MGM's Sudden Withdrawal From NYC Casino Race: Saturation Fears Gripping Gaming Developers
MGM Resorts has withdrawn from the competition for one of three new casino licenses in the New York City metropolitan area. The high costs and intense competition for these licenses have proven prohib...
Silver Point Leads Financing of Acquisition of MGM Northfield Park by Clairvest
GREENWICH, Conn. , Oct. 23, 2025 /PRNewswire/ -- Silver Point Capital, a global leader in credit investing, today announced that its Direct Lending business is leading the financing supporting the acq...
Clairvest Agrees to Acquire MGM Northfield Park
TORONTO, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) (“CVG”) today announced that it, together with Clairvest Equity Partners VII (“CEP VII”, collectively “Clairvest”), has enter...
MGM RESORTS INTERNATIONAL ANNOUNCES AGREEMENT TO SELL OPERATIONS OF MGM NORTHFIELD PARK FOR $546 MILLION
Purchase price represents an approximate 6.6x multiple on Adjusted EBITDA for the trailing twelve months ended June 30, 2025 LAS VEGAS , Oct. 16, 2025 /PRNewswire/ -- MGM Resorts International (NYSE:...
VICI Properties Inc. Enters Into Agreements Relating to MGM Northfield Park in Northfield, OH
NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”) announced today that, in connection with MGM Resorts International's (NYSE: MGM) (“MGM Resorts...
MGM Withdraws Application for Full-Fledged Yonkers, N.Y., Casino
The company will no longer turn its Yonkers location into a casino with live games like poker and blackjack due to shifting competitive and economic factors, it said.
MGM YONKERS WITHDRAWS COMMERCIAL CASINO LICENSE APPLICATION IN NEW YORK
YONKERS, N.Y. , Oct. 14, 2025 /PRNewswire/ -- MGM Yonkers Inc., a subsidiary of MGM Resorts International (NYSE: MGM), today withdrew its commercial casino license application to the New York Gaming C...
How MGM Resorts Stock Could Drop Another 50%
MGM Resorts stock (NYSE: MGM), a worldwide hospitality and entertainment enterprise, has experienced an 18% decline in its stock over the last year, while the S&P 500 has increased by 18%. At first gl...
BetMGM Lifts Full-Year Guidance After Strong Growth in IGaming, Online Sports
The sports-betting company lifted its full-year earnings guidance after it reported a strong performance boosted by growth in its iGaming and online sports divisions.
BETMGM Q3 2025 BUSINESS UPDATE AND RAISED FY25 GUIDANCE
Q3 ahead of expectations with strong performance momentum continuing during H2 2025 JERSEY CITY, N.J. , Oct. 14, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming opera...
Macao gears up for NBA China games
CNBC's Contessa Brewer joins 'Money Movers' to discuss the rise of Macao as the gambling capital of the world.
Macao's rise as the gambling capital of the world
CNBC's Contessa Brewer joins 'Squawk on the Street' to discuss how high stakes bets are shaping Macao.
Macao is becoming more than a gambling destination. Casinos are winning big anyway
Macao is transforming itself with fresh entertainment, waterparks, spas, fine dining and sports. This week Las Vegas Sands is hosting two NBA games in Macao, a return for the basketball league after a...
BetMGM Casino is the 2025 American Gambling Awards Online Casino of the Year
CHARLOTTE, N.C.--(BUSINESS WIRE)--The American Gambling Awards is pleased to announce BetMGM (NYSE: MGM), a leading iGaming and sports betting operator, is the 2025 Online Casino of the Year. Marking ...
MGM RESORTS TO IGNITE THE STRIP WITH UNMATCHED F1® ENERGY FOR LAS VEGAS GRAND PRIX WEEKEND, NOVEMBER 20-22
MGM Resorts Supercharges Las Vegas with Ferrari, Mercedes, Williams Racing and Haas Fan Zones; Driver and Celebrity Appearances; Culinary Collaborations; Immersive Art and Fashion Pop-Ups Click here t...
Notice of BetMGM 3Q 2025 Update and Conference Call
JERSEY CITY, N.J. , Oct. 7, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM...
Why casino stocks are pulling back
CNBC's Contessa Brewer reports on the action in casino stocks.
Las Vegas Sands, MGM, Wynn Stocks Decline. Why Shares of Casino Operators Are Falling.
Passenger data for the first two days of Golden Week came in “a bit weak,” Citi Research says.
From Hold To Gold: Why MGM Resorts' Twin Engines Make This Dip A Buy (Upgrade)
MGM Resorts International delivered a strong Q2 2025, exceeding EPS and revenue expectations, with BetMGM and MGM China showing standout growth. BetMGM revenues surged 36% YoY, with EBITDA reaching $8...
MGM Resorts International Announces Third Quarter Earnings Release Date
LAS VEGAS , Sept. 26, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the third quarter 2025 after the market closes ...