MGM Resorts International (MGM)

Market Cap	11.17B
Revenue (ttm)	17.22B
Net Income (ttm)	903.35M
Shares Out	297.74M
EPS (ttm)	2.82
PE Ratio	13.32
Forward PE	16.25
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,731,218
Open	37.21
Previous Close	37.27
Day's Range	36.62 - 37.55
52-Week Range	33.44 - 48.25
Beta	2.24
Analysts	Strong Buy
Price Target	53.69 (+43.14%)
Earnings Date	Oct 30, 2024

About MGM

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company’s casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. Its customers include premium gaming customers; leisure...

• Industry: Resorts & Casinos
• Sector: Consumer Discretionary
• Founded: 1986
• Employees: 76,000
• Stock Exchange: NYSE
• Ticker Symbol: MGM
• Website: https://www.mgmresorts.com

Financial Performance

In 2023, MGM Resorts International's revenue was $16.12 billion, an increase of 23.21% compared to the previous year's $13.08 billion. Earnings were $1.14 billion, a decrease of -20.60%.

Analyst Forecast

According to 13 analysts, the average rating for MGM stock is "Strong Buy." The 12-month stock price forecast is $53.69, which is an increase of 43.14% from the latest price.

Price Target

$53.69

(43.14% upside)

Analyst Consensus: Strong Buy