MGM Resorts International (MGM)

Market Cap	10.94B
Revenue (ttm)	17.24B
Net Income (ttm)	743.65M
Shares Out	285.55M
EPS (ttm)	2.40
PE Ratio	15.96
Forward PE	16.18
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,233,937
Open	37.98
Previous Close	38.34
Day's Range	37.83 - 38.45
52-Week Range	31.61 - 48.25
Beta	2.21
Analysts	Strong Buy
Price Target	51.25 (+33.81%)
Earnings Date	Feb 12, 2025

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: 78,000
• Stock Exchange: NYSE
• Ticker Symbol: MGM
• Website: https://www.mgmresorts.com

Financial Performance

In 2024, MGM Resorts International's revenue was $17.24 billion, an increase of 6.96% compared to the previous year's $16.12 billion. Earnings were $746.56 million, a decrease of -34.76%.

Analyst Forecast

According to 16 analysts, the average rating for MGM stock is "Strong Buy." The 12-month stock price forecast is $51.25, which is an increase of 33.81% from the latest price.

Price Target

$51.25

(33.81% upside)

Analyst Consensus: Strong Buy