MGM Resorts International (MGM)
| Market Cap | 19.01B |
| Revenue (ttm) | 4.56B |
| Net Income (ttm) | -2.17B |
| Shares Out | 494.86M |
| EPS (ttm) | -4.36 |
| PE Ratio | n/a |
| Forward PE | 47.62 |
| Dividend | $0.01 |
| Dividend Yield | 0.03% |
| Trading Day | July 23 |
| Last Price | $38.76 |
| Previous Close | $39.23 |
| Change ($) | -0.47 |
| Change (%) | -1.20% |
| Day's Open | 39.43 |
| Day's Range | 38.55 - 39.58 |
| Day's Volume | 5,003,789 |
| 52-Week Range | 14.65 - 45.34 |
U.S. Casino operator MGM Resorts International and partner Orix Corp have submitted a proposal to build their first casino resort in Japan, the financial services group said on Wednesday.
Investors got spooked yesterday, but they got brave again today for no obvious reason.
COVID-19 concerns are back again.
A reopened economy means more betting options these four stocks can capitalize on.
MGM Resorts' (MGM) BetMGM, in collaboration with Inspired Entertainment, unveils V-Play Plug & Play solution in New Jersey.
U.S. gambling markets are looking much more attractive at the moment.
Yet, with millions in the U.S. not vaccinated, and uncertainty over the effectiveness of the current vaccines against this variant? Travel stocks, still priced based on "pent up demand," and a fast "ret...
MGM Resorts (MGM) is focused on its asset-light strategy as well as utilizing the proceeds from its real estate transactions to enhance financial flexibility and secure new growth opportunities.
Cirque du Soleil, Bruno Mars, Dave Chappelle among the A-list entertainment reappearing on The Strip this July LAS VEGAS, July 2, 2021 /PRNewswire/ -- MGM Resorts International , a global leader in live...
Macau has witnessed month over month decline in casino Gross Gaming Revenues (GGR) in June.
LAS VEGAS, July 1, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the second quarter 2021 after the market closes on August 4, 2021. MGM Resorts will h...
LAS VEGAS, July 1, 2021 /PRNewswire/ -- MGM Resorts International ("MGM Resorts" or the "Company") (NYSE: MGM) today announced that it has entered into a definitive agreement to purchase Infinity World ...
New solarfield will power 13 properties on the Strip.
LONDON, UK / ACCESSWIRE / June 29, 2021 / Gaming Realms plc (AIM:GMR), the developer and licensor of mobile focused gaming content, is pleased to announce that, having received its provisional supplier ...
LAS VEGAS, June 28, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM), a global leader in the battle against climate change, today launched its 100-megawatt solar array, the hospitality industr...
Vegas is back, and MGM has set its business up to be ready for it.
In light of major resort and casino destination Las Vegas opening on Thursday a brand new megaresort on the Strip, five resort and casino stocks broadly owned by gurus as of the March-quarter filing are...
Hospitality and entertainment concern MGM Resorts International (NYSE:MGM) is up 4.3% to trade at a 13-year high of $44.97 at last check.
Morning Stock Movers: Clover, GameStop, MGM Resorts, Tesla
Jun.24 -- Bloomberg's Taylor Riggs runs down the biggest moving stocks in today's pre-market trading.
MGM Resorts still offers outstanding value in the fast-growing sports betting opportunity.
MGM Resorts' (MGM) BetMGM to receive support of Shift4 Payments' processing technology for delivering a secure, integrated payment solution.
The Las Vegas Strip could be in for a great year.
The shares of MGM's peers in the sports betting industry, Penn National Gaming and Draft Kings have trended downward due to high competitive rivalry.
The state of Michigan is considered key for the online sports betting market as the most populous state where operations have launched. The state has 12 online sports betting operators.
JERSEY CITY, N.J., June 16, 2021 /PRNewswire/ -- BetMGM, a Glassdoor-recognized Top Place to Work, is pleased to announce that its Chief Executive Officer, Adam Greenblatt, has been named one of the Top...
The casino industry continues to show resilience on streamlining of business, marketing initiatives and renegotiation of third-party agreements. BYD, CNTY and MGM have surged in the past six months.
MGM Resorts' (MGM) BetMGM continues to expand its presence. Given the positive momentum in markets, the company remains optimistic about its long-term growth.
NEW YORK, June 9, 2021 /PRNewswire/ -- The Professional Fighters League (PFL), the fastest growing and most innovative sports league, today announced a partnership that designates BetMGM as a "US Author...
LAS VEGAS, June 8, 2021 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) today announced that Tilak Mandadi will join the company July 6th in the newly created position of Chief Str...
LAS VEGAS--(BUSINESS WIRE)--Award-winning mobile game developer PLAYSTUDIOS is expanding its partnership with global hospitality brand MGM Resorts International, securing the exclusive social and mobile...
LAS VEGAS, June 2, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts") management will participate in Bernstein's 37th Annual Strategic Decisions Conference on Thursday, June 3, 2...
One of the greatest hockey players of all time is partnering with a sports betting company. What Happened: BetMGM, a joint venture from MGM Resorts International (NYSE: MGM) and Entain, announced the ad...
As investors continue to weigh reopening optimism with inflation concerns, the Dow rose 70 points, the S&P 500 ticked up 0.15%, and the Nasdaq climbed 0.08%. Make the most of this market with today's To...
The Macau Gaming industry witnesses an increase in Gross Gaming Revenues in May for the fourth straight month.
What to watch in casino stocks amid the reopening
CNBC's "Power Lunch" team discusses the return to casinos with David Katz of Jefferies.
What benefits Prime members does not necessarily help investors.
MGM Resorts' (MGM) BetMGM continues to expand in the online betting space. For horse wagering, the company has partnered with NYRA Bets.
MGM (MGM) reported earnings 30 days ago. What's next for the stock?
JERSEY CITY, N.J., May 28, 2021 /PRNewswire/ -- BetMGM announced today a partnership with NYRA Bets, LLC (NYRA Bets), the official online wagering platform of the New York Racing Association, Inc. (NYRA...
Amazon's shares have been flat in 2021. Does that, along with the MGM deal, make AMZN stock an underdog buy?
The Dow Jones rose 79 points, the S&P 500 rose another 0.3%, and Nasdaq gained 0.3%. Make the most of this market with today's best short plays from Q.ai's deep learning algorithms.
The recent rally in MGM Resorts International (NYSE:MGM) stock may have just ended. Before Tuesday, MGM reached the $42 level on four occasions since March.
The Netflix (NASDAQ: NFLX) stock price is up by more than 0.60% in premarket trading even as competition in the streaming space increases. The stock rose by more than 1% on Monday, bringing its total ma...
Big bets on sports gambling today, as DraftKings surges
Shares of DraftKings make their biggest move since March. With CNBC's Courtney Reagan and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Nadine Terman.
Gaming industry in 2021 and beyond is likely to benefit from robust demand for online betting.
Gamblers are coming back, and if conventions return soon, it could be a boom time for gambling stocks.
LAS VEGAS, May 21, 2021 /PRNewswire/ -- Retired Military Working Dog (MWD) Popeye completed his globe-spanning tour of duty Friday on the Las Vegas Strip, where he was reunited with his former handler, ...
About MGM
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. 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. As of February 17, 2021, its portfolio consisted of 29 hotel and ... [Read more...]
| Industry Resorts & Casinos | Founded 1986 |
| CEO James Murren | Employees 45,000 |
| Stock Exchange NYSE | Ticker Symbol MGM |
Analyst Forecasts
According to 16 analysts, the average rating for MGM Resorts stock is "Hold." The 12-month stock price forecast is 44.78, which is an increase of 15.53% from the latest price.