MGM Resorts International (MGM)
| Market Cap | 9.72B |
| Revenue (ttm) | 17.28B |
| Net Income (ttm) | 67.18M |
| Shares Out | 273.51M |
| EPS (ttm) | 0.23 |
| PE Ratio | 153.16 |
| Forward PE | 15.33 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,502,881 |
| Open | 35.40 |
| Previous Close | 35.34 |
| Day's Range | 35.29 - 35.95 |
| 52-Week Range | 25.30 - 41.32 |
| Beta | 1.49 |
| Analysts | Buy |
| Price Target | 44.37 (+24.85%) |
| 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 17 analysts, the average rating for MGM stock is "Buy." The 12-month stock price target is $44.37, which is an increase of 24.85% from the latest price.
News
NoMad Las Vegas Set to Rebrand into The Reserve at Park MGM
LAS VEGAS , Dec. 1, 2025 /PRNewswire/ -- MGM Resorts International announced today that NoMad Las Vegas will begin to transition into The Reserve at Park MGM, with the full rebrand taking effect on De...
BetMGM Launches Sports Betting in Missouri
Debut includes statewide mobile betting and retail sportsbook at Century Casino & Hotel Cape Girardeau For high-resolution artwork, click here . CAPE GIRARDEAU, Mo.
Century Casinos Goes Live with Online Sports Betting and Retail Sportsbook at Century Casino & Hotel Cape Girardeau in Partnership with BetMGM in Missouri
COLORADO SPRINGS, Colo. , Dec. 1, 2025 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century" or the "Company") announced today the opening of the new BetMGM retail sportsbook...
MGM: Seeds Of Recovery Sprouting, Stock Remains A Buy
Year to date, Vegas is down a scary 7.6% in tourist arrivals. This is due to overpriced rooms and inflation-bloated prices for everything. Occupied room nights are down 6.2% yoy, among other downward ...
Are MGM Stock Investors Happy, Or Did They Miss Out?
Relative to the S&P 500, MGM Resorts International has underperformed over the past 1, 3, and 5 years. MGM Resorts has capitalized on the online sportsbook and casino legalization boom in the U.S. and...
MGM Resorts: Losing In One Market, Winning In Others
MGM Resorts International reported mixed Q3 results across segments. The Las Vegas Strip segment has been weak due to MGM Grand's renovation, but MGM's recent results also underline other weaknesses o...
Leisure Trouble at Home? Why This Investor Dumped $52 Million in MGM Stock
New York City-based HG Vora Capital Management sold 1.5 million shares of MGM for an estimated $51.6 million in the third quarter. The transaction value represented 7% of third-quarter 13F AUM at quar...
MGM Grand Completes $300 Million Room and Suite Remodel, Welcoming New Era for Iconic Las Vegas Resort
All-New Rooms and Suites Now Bookable for Guests LAS VEGAS , Nov. 13, 2025 /PRNewswire/ -- Marking a bold new chapter in Las Vegas hospitality, MGM Grand Hotel & Casino unveils an entirely new collect...
Clairvest Reports Fiscal 2026 Second Quarter Results
TORONTO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2026 second quarter and six months ended September 30, 2025. (All figures are in Canadi...
MGM Resorts Teams with USO and American Airlines for 15th Annual Salute to the Troops at Mandalay Bay
LAS VEGAS , Nov. 12, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will host the United Service Organizations (USO) Experience: Salute to the Troops, hono...
Bellagio and Major Food Group Unveil CARBONE RIVIERA, Ushering in a New Era of Fine Dining on the Las Vegas Strip
First-ever fish concept from CARBONE is an instant classic in a legendary location LAS VEGAS , Nov. 7, 2025 /PRNewswire/ -- Set against the unrivaled backdrop of the Fountains of Bellagio, CARBONE RIV...
A Whirlwind Tour Through Major REIT Earnings Reports (And My Buy List)
AI-driven tech stocks dominate 2025 returns, leaving dividend and high-yield ETFs lagging due to limited AI exposure. REITs face mixed fortunes: ARE and DOC struggle with life science oversupply, whil...
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...
MGM Is Out of New York Casino Competition. Here's Why it May Be Good for the Stock.
There are surprises and there are outright shockers. Put MGM Resorts International's (MGM -0.39%) decision to drop out of the race for a New York City casino license in the latter category.
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...
Huge News for MGM Resorts Stock Investors
Online gaming is starting to contribute to MGM Resorts' (MGM 2.79%) bottom line. The company's subsidiary BetMGM said today that it will pay owners MGM and Entain $200 million from the cash generated ...
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.