MGM Resorts International (MGM)

NYSE: MGM · Real-Time Price · USD
33.94
+0.37 (1.10%)
At close: Jun 18, 2025, 4:00 PM
33.69
-0.25 (-0.74%)
After-hours: Jun 18, 2025, 7:56 PM EDT
1.10%
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]

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 41.43% from the latest price.

Price Target
$48.0
(41.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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-...

2 days ago - Forbes

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 ...

3 days ago - Reuters

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...

3 days ago - PRNewsWire

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

12 days ago - Fox Business

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...

Other symbols: BYDCZRLVSWYNN
14 days ago - Seeking Alpha

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,...

22 days ago - PRNewsWire

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 ...

23 days ago - PRNewsWire

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
4 weeks 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...

4 weeks 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
5 weeks 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...

5 weeks 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...

5 weeks 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 ...

6 weeks 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.

6 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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 ...

2 months 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
2 months 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
2 months 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...

2 months 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 ...

3 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...

3 months ago - PRNewsWire