MGM Resorts International (MGM)

NYSE: MGM · IEX Real-Time Price · USD
37.08
-0.19 (-0.51%)
At close: Dec 2, 2022 4:00 PM
38.49
+1.41 (3.80%)
Pre-market: Dec 5, 2022 6:10 AM EST
-0.51%
Market Cap 14.31B
Revenue (ttm) 12.59B
Net Income (ttm) 1.32B
Shares Out 393.30M
EPS (ttm) 3.03
PE Ratio 12.24
Forward PE 50.00
Dividend $0.01 (0.02%)
Ex-Dividend Date Dec 8, 2022
Volume 4,614,055
Open 36.55
Previous Close 37.27
Day's Range 36.55 - 37.37
52-Week Range 26.41 - 49
Beta 2.07
Analysts Buy
Price Target 50.67 (+36.7%)
Earnings Date Nov 2, 2022

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 Hotels, Restaurants & Leisure
Founded 1986
CEO William Hornbuckle
Employees 52,000
Stock Exchange NYSE
Ticker Symbol MGM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for MGM stock is "Buy." The 12-month stock price forecast is 50.67, which is an increase of 36.65% from the latest price.

Price Target
$50.67
(36.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MGM (MGM) Up 18.7% Since Last Earnings Report: Can It Continue?

MGM (MGM) reported earnings 30 days ago. What's next for the stock?

2 days ago - Zacks Investment Research

Trader Triple Play: Boeing, casinos & homebuilders on the move

The traders discuss Boeing, Wynn, LVS and the homebuilders. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Dan Nathan, Guy Adami and Steve Grasso.

5 days ago - CNBC Television

BetMGM Named American Gambling Awards Online Casino of the Year

NEW YORK , Nov. 29, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today that it has been named "Online Casino of the Year" by the 2022 edition of the American Gam...

Other symbols: GAMB
5 days ago - PRNewsWire

Casino Stocks Got Good News, but Investors Remain Wary

A down market day shows ongoing concerns about a host of geopolitical and macroeconomic issues.

Other symbols: LVSMLCOWYNN
6 days ago - The Motley Fool

MLCO Soars, Casino Stocks Mixed As Macau Overhang Eases

Casino stocks have been volatile this year, amid the uncertain regulatory climate in Macau. The post MLCO Soars, Casino Stocks Mixed As Macau Overhang Eases appeared first on Investor's Business Daily.

Other symbols: LVSMLCOWYNN
6 days ago - Investors Business Daily

Casino stocks: Wynn, MGM, L.V. Sands rise after Macau renewed licenses

Yahoo Finance Live anchors Brian Sozzi, Brad Smith and Julie Hyman discuss the moves in casino stocks after Macau license renewals.

Other symbols: WYNNLVSMLCO
6 days ago - Yahoo Finance

MGM, Wynn, Las Vegas Sands stocks surge Macau renews license

Shares of some casino operators surged Monday, after Macau tentatively renewed their casino licenses, after the company pledged to make investments in attractions not related to gambling, as the Associa...

Other symbols: LVSWYNN
1 week ago - Market Watch

Macao awards casino licenses to MGM, Sands, Wynn and three others

Macao has tentatively renewed the casino licenses of MGM Resorts MGM, -0.42% , Las Vegas Sands LVS, +0.26% , Wynn Resorts WYNN, -0.57% and three Chinese rivals after they promised to help diversify its ...

Other symbols: WYNNLVS
1 week ago - Market Watch

MGM Resorts' (MGM) BetMGM Unveils Betting App in Maryland

MGM Resorts International (MGM) and Entain Plc's joint venture BetMGM continues to expand its presence.

1 week ago - Zacks Investment Research

Want to Boost Your Portfolio? 3 Reasons to Bet on MGM Stock.

This gambling giant looks poised for long-term success.

1 week ago - The Motley Fool

BetMGM Launches Mobile Sports Betting in Maryland

Online Platform Complements MGM National Harbor's Retail Sportsbook NATIONAL HARBOR, Md., Nov. 23, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, launched its mobile app in ...

1 week ago - PRNewsWire

7 Best Hotel Stocks to Buy Now

The central thesis for buying hotel stocks right now is a belief that demand for travel will continue. And if that's true, then the best hotel stocks will offer investors a combination of value and growth.

Other symbols: BVHCHHHTIHGMAR
1 week ago - InvestorPlace

BETMGM SUPPORTS NEW RESEARCH INITIATIVE ON THE IMPACT OF ADVERTISING ON PROBLEM GAMBLING

Leading Gaming Operator Partners with International Center for Responsible Gaming BEVERLY, Mass. , Nov. 22, 2022 /PRNewswire/ -- The International Center for Responsible Gaming (ICRG) announced that it ...

1 week ago - PRNewsWire

7 Stocks to Buy to Profit from the Political Uncertainty

Pending the runoff election in Georgia, Americans now have clarity on the balance of power in Washington, D.C. for the next two years.

Other symbols: CHPTCRWDEXPEKFYPSAXOM
2 weeks ago - InvestorPlace

3 Stocks That Could Double

If China's economy opens up in 2023, Macao could be a major beneficiary.

Other symbols: LVSWYNN
2 weeks ago - The Motley Fool

Top 3: The best sports betting stocks for Q4 2022

The sports betting industry has grown enormously recently, and with it has come many great investment opportunities, including in stocks. The internet has made it possible to bet on a range of sporting ...

Other symbols: DKNG
2 weeks ago - Invezz

This Casino Stock Just Had Its Best Revenue Quarter in History. Time to Buy?

MGM Resorts International beat revenue estimates but remained unprofitable in Q3.

2 weeks ago - The Motley Fool

Why MGM Resorts Stock Scored a Win on Tuesday

A face familiar to soccer fans will grace BetMGM's marketing materials, and even one of its games.

2 weeks ago - The Motley Fool

BETMGM SIGNS AMERICAN SOCCER STAR TIM HOWARD AS BRAND AMBASSADOR

Legendary goalkeeper joins BetMGM to launch $250,000 bracket challenge ahead of 2022 International Soccer Matches JERSEY CITY, N.J. , Nov. 15, 2022 /PRNewswire/ -- BetMGM announced today the signing of ...

2 weeks ago - PRNewsWire

Distance Yourself From These 4 Toxic Stocks to Avoid Losses

Identifying toxic stocks and abandoning them at an accurate time is the key to protect your portfolio from big losses. IEP, MGM, VWDRY and IHRT are a few such toxic stocks you should dump right away.

Other symbols: IEPIHRT
2 weeks ago - Zacks Investment Research

2 Top Dividend Stocks You Can Buy Right Now

These dividend stocks should perform well, even if the economic uncertainty persists.

Other symbols: ALLY
3 weeks ago - The Motley Fool

Macau Under Spotlight Amid U.S. Inspections of China-Based Audits

Investors are seeking greater disclosure on public companies' exposure to uninspected audit work in the financial statements, at a time when a recent agreement allowing U.S. accounting regulators to ins...

Other symbols: LVSWYNN
3 weeks ago - WSJ

MGM Resorts, Wynn stocks pop as China eases its COVID measures

Gaming stocks like MGM Resorts and Wynn Resorts are moving higher on news that China is easing some of its COVID restrictions.

Other symbols: WYNN
3 weeks ago - Yahoo Finance

MGM RESORTS UNVEILS EPIC BELLAGIO FOUNTAINS GRANDSTANDS FOR FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2023

Room and Race Ticket Packages Now Available for Purchase for F1® Event November 16-18, 2023 LAS VEGAS , Nov. 10, 2022 /PRNewswire/ -- MGM Resorts International will construct one of the world's most exc...

3 weeks ago - PRNewsWire

MGM Resorts International Named a Top Employer for Veterans by Military Times

The Company earns a top 25 ranking on Military Times' 2022 'Best for Vets' list, is the only Nevada-based hospitality company featured LAS VEGAS , Nov. 10, 2022 /PRNewswire/ -- MGM Resorts International...

3 weeks ago - PRNewsWire