MGM Resorts International (MGM)
Market Cap | 9.24B |
Revenue (ttm) | 17.13B |
Net Income (ttm) | 674.56M |
Shares Out | 272.15M |
EPS (ttm) | 2.24 |
PE Ratio | 15.16 |
Forward PE | 16.22 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 5,124,564 |
Open | 33.57 |
Previous Close | 33.57 |
Day's Range | 33.57 - 34.45 |
52-Week Range | 25.30 - 47.26 |
Beta | 1.77 |
Analysts | Strong Buy |
Price Target | 48.00 (+41.43%) |
Earnings Date | Jul 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 14 analysts, the average rating for MGM stock is "Strong Buy." The 12-month stock price forecast is $48.0, which is an increase of 41.43% from the latest price.
News

Buy Or Fear MGM Stock At $34?
Despite a positive update from BetMGM and aggressive stock buybacks, MGM Resorts stock (NYSE: MGM) appears to be a value trap rather than a value opportunity. MGM stock has seen a slight decline year-...

BetMGM boosts annual forecast on iGaming, online growth
Ladbrokes owner Entain said on Monday BetMGM, its U.S. sports-betting joint venture with MGM Resorts , raised its annual revenue and core earnings forecast, driven by strong growth in its iGaming and ...

BetMGM - Upgraded FY 2025 Guidance
Continuing strong momentum supports increased confidence and FY 2025 guidance upgrade JERSEY CITY, N.J. , June 16, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGa...
This is where sports bettors can put their money where their mouths are, BetMGM CEO says
BetMGM CEO Adam Greenblatt discusses transactions during the NBA finals on 'The Claman Countdown.' #foxbusiness #usnews #sports #sportsbetting #nba

DCF Values Of Big Gambling Stocks Way Above Prices - Mr. Market Seems Oblivious
Gaming stocks remain deeply undervalued despite market fears of a recession and tariffs, which I believe are overblown. Discounted cash flow analysis shows only a few gaming stocks are fully valued. M...

BetMGM Champions Women's Sports with Las Vegas Aces and WNBA Partnerships
BetMGM to donate meals to the Just One Project for every Aces home steal during the 2025 season Click here for high-res photo/video of The Fountains of Bellagio partnership launch LAS VEGAS , May 28,...

Century Casinos Announces Sports Betting Partnership with BetMGM in Missouri
COLORADO SPRINGS, Colo. , May 27, 2025 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that its subsidiary, Century Casino & Hotel Cape Girardeau ("Century"), has ...
The Big 3: GOOGL, MAA, MGM
@brownreport's Jason Brown says he's cautious for the market's short-term trading action but bullish on long-term prospects. On his Big 3, he talks about Alphabet's (GOOGL) new A.I.

BORGATA HOTEL CASINO & SPA UNVEILS TRANSFORMATIVE GAMING, DINING AND BAR EXPERIENCES
New Offerings Introduce City's Grandest Asian Gaming Experience, Luxurious High-Limit Gaming Area, First-to-Market High-Limit Bar, Elegant Private Gaming Salons, and More ATLANTIC CITY, N.J. , May 22...

Why IAC Is A Better Bet Than MGM Resorts
IAC owns approximately 65 million shares of MGM valued at around $2.1 B. This investment combined with $900 M corporate cash almost covers IAC's current market cap. They have invested $380 million for...

MGM RESORTS INTERNATIONAL WELCOMES RYAN ABBOUSHI AS PRESIDENT OF ENTERTAINMENT
Abboushi will lead company's entertainment programming and operations LAS VEGAS , May 12, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) announced today that veteran talent agent Ryan Abbo...

Why I Am Bullish On MGM Despite Macro Headwinds
MGM operates some of the top resorts in the U.S., which have maintained occupancy rates above 90% over the past few years. Despite short-term macro headwinds, I think the long-term outlook remains pos...

MGM RESORTS ANNOUNCES NEW EMPLOYMENT AGREEMENT WITH CEO & PRESIDENT BILL HORNBUCKLE
LAS VEGAS , May 8, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that it has reached a new employment agreement with CEO & President Bill ...

MGM: $8b Japan Casino Shovel In The Ground Could Ignite A New Brick And Mortar Era Globally
MGM starts game changer mega casino in Osaka to debut in 2030. Estimates $5B in EBITDA. Casino projects will soar in scale with new demands by governments.

MGM China Reports 2025 First Quarter Results
Sequential Growth in Adjusted EBITDA and Market S hare HONG KONG , May 1, 2025 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the sel...

MGM Resorts International (MGM) Q1 2025 Earnings Call Transcript
MGM Resorts International (NYSE:MGM) Q1 2025 Earnings Conference Call April 30, 2025 5:00 PM ET Company Participants Howard Wang - VP of IR Bill Hornbuckle - CEO and President Jonathan Halkyard - CFO...

MGM RESORTS INTERNATIONAL REPORTS FIRST QUARTER 2025 FINANCIAL AND OPERATING RESULTS
Record 1Q Las Vegas Strip occupancy and slot win, with slot win up 7% year over year BetMGM venture reported significant revenue growth and a substantial year over year turn to positive EBITDA in 1Q 2...

BetMGM swings to profit in first quarter amid e-betting surge
U.S. sports-betting service BetMGM, a joint venture between MGM Resorts and Entain , posted core profit for the first quarter on Monday, supported by strong growth in its iGaming and online sports div...

BETMGM 1Q 2025 BUSINESS UPDATE
Strong start to 2025 affirms strategic approach and confidence of positive EBITDA in 2025 LAS VEGAS , April 28, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGamin...

MGM Resorts International and Entain Notice of BetMGM 1Q 2025 Business Update and Conference Call
LAS VEGAS , April 17, 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 ...

These Gaming Stocks Are Under Pressure As Analyst Cuts Forecast On Macau Risk And Soft Vegas Data
BofA Securities analyst Shaun C. Kelley shared his first-quarter preview of the gaming sector Monday.

BELLAGIO FOUNTAIN CLUB RETURNS FOR FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX 2025
Celebrated Chefs, Unmatched Views and New Pricing Solidify Bellagio Fountain Club as the Premier Las Vegas Grand Prix Experience LAS VEGAS , April 9, 2025 /PRNewswire/ -- Tickets are now on sale for M...

MGM Resorts International Announces First Quarter Earnings Release Date
LAS VEGAS , March 27, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the first quarter 2025 after the market closes ...

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...