MGM Resorts International (MGM)

NYSE: MGM · Real-Time Price · USD
31.35
0.00 (0.00%)
At close: May 23, 2025, 4:00 PM
31.34
-0.01 (-0.03%)
After-hours: May 23, 2025, 7:42 PM EDT
0.00%
Market Cap 8.53B
Revenue (ttm) 17.13B
Net Income (ttm) 674.56M
Shares Out 272.15M
EPS (ttm) 2.24
PE Ratio 14.00
Forward PE 15.05
Dividend n/a
Ex-Dividend Date n/a
Volume 2,980,063
Open 30.65
Previous Close 31.35
Day's Range 30.58 - 31.57
52-Week Range 25.30 - 47.26
Beta 1.79
Analysts Strong Buy
Price Target 48.00 (+53.11%)
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]

Founded 1986
Employees 78,000
Stock Exchange NYSE
Ticker Symbol MGM
Full Company Profile

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 Statements

Analyst 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 53.11% from the latest price.

Price Target
$48.0
(53.11% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

Other symbols: GOOGGOOGLMAA
3 days ago - Schwab Network

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...

3 days ago - PRNewsWire

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...

Other symbols: IAC
10 days ago - Seeking Alpha

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...

13 days ago - PRNewsWire

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...

14 days ago - Seeking Alpha

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 ...

17 days ago - PRNewsWire

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.

21 days ago - Seeking Alpha

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...

24 days ago - PRNewsWire

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...

24 days ago - Seeking Alpha

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...

25 days ago - PRNewsWire

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...

27 days ago - Reuters

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...

27 days ago - PRNewsWire

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 ...

5 weeks ago - PRNewsWire

Which Gaming And Lodging Stocks Are Exposed To International inbound Travel And China?

Following Bank of America Securities' recent notes amid tariff-induced volatility, it also published some key data on questions it regularly receives.

Other symbols: HHLTLVSMARWH
5 weeks ago - Benzinga

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.

Other symbols: BYDCZRDKNGWYNN
5 weeks ago - Benzinga

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...

6 weeks ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

Other symbols: WYNN
2 months ago - The Street

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, ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

3 months ago - Business Wire

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.

Other symbols: CZRDKNGFLUTLVSWYNN
3 months ago - CNBC Television

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 ...

3 months ago - Investopedia