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MGM Resorts International (MGM)

Stock Price: $38.76 USD -0.47 (-1.20%)
Updated Jul 23, 2021 4:00 PM EDT - Market closed
After-hours: $38.75 -0.01 (-0.03%) Jul 23, 7:59 PM
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

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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.

4 days ago - Reuters

Investors got spooked yesterday, but they got brave again today for no obvious reason.

Other stocks mentioned: NCLH, RCL
4 days ago - The Motley Fool

COVID-19 concerns are back again.

Other stocks mentioned: MAR, SIX
5 days ago - The Motley Fool

A reopened economy means more betting options these four stocks can capitalize on.

Other stocks mentioned: DKNG, GMBL
1 week ago - The Motley Fool

MGM Resorts' (MGM) BetMGM, in collaboration with Inspired Entertainment, unveils V-Play Plug & Play solution in New Jersey.

1 week ago - Zacks Investment Research

U.S. gambling markets are looking much more attractive at the moment.

Other stocks mentioned: APO, LVS, VICI, WYNN
1 week ago - The Motley Fool

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...

Other stocks mentioned: AAL, ABNB, CZR, MAR, OSW, RCL
2 weeks ago - InvestorPlace

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.

3 weeks ago - Zacks Investment Research

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...

3 weeks ago - PRNewsWire

Macau has witnessed month over month decline in casino Gross Gaming Revenues (GGR) in June.

Other stocks mentioned: LVS, MLCO, WYNN
3 weeks ago - Zacks Investment Research

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...

3 weeks ago - PRNewsWire

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 ...

3 weeks ago - PRNewsWire

New solarfield will power 13 properties on the Strip.

3 weeks ago - Forbes

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 ...

3 weeks ago - Accesswire

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...

3 weeks ago - PRNewsWire

Vegas is back, and MGM has set its business up to be ready for it.

4 weeks ago - The Motley Fool

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...

Other stocks mentioned: CZR, LVS, RRR, WYNN
1 month ago - GuruFocus

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.

1 month ago - Schaeffers Research

Morning Stock Movers: Clover, GameStop, MGM Resorts, Tesla

YouTube video

Jun.24 -- Bloomberg's Taylor Riggs runs down the biggest moving stocks in today's pre-market trading.

Other stocks mentioned: GME, TSLA
1 month ago - Bloomberg Markets and Finance

MGM Resorts still offers outstanding value in the fast-growing sports betting opportunity.

Other stocks mentioned: DKNG, PENN
1 month ago - The Motley Fool

MGM Resorts' (MGM) BetMGM to receive support of Shift4 Payments' processing technology for delivering a secure, integrated payment solution.

Other stocks mentioned: FOUR
1 month ago - Zacks Investment Research

The Las Vegas Strip could be in for a great year.

Other stocks mentioned: CZR, WYNN
1 month ago - The Motley Fool

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.

1 month ago - Forbes

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.

Other stocks mentioned: DKNG, PDYPY
1 month ago - Benzinga

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...

1 month ago - PRNewsWire

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.

Other stocks mentioned: BYD, CNTY
1 month ago - Zacks Investment Research

MGM Resorts' (MGM) BetMGM continues to expand its presence. Given the positive momentum in markets, the company remains optimistic about its long-term growth.

1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

1 month ago - Business Wire

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...

1 month ago - PRNewsWire

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...

1 month ago - Benzinga

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...

Other stocks mentioned: CALM, FLR, LAZR, RDFN
1 month ago - Forbes

The Macau Gaming industry witnesses an increase in Gross Gaming Revenues in May for the fourth straight month.

Other stocks mentioned: LVS, MLCO, WYNN
1 month ago - Zacks Investment Research

What to watch in casino stocks amid the reopening

YouTube video

CNBC's "Power Lunch" team discusses the return to casinos with David Katz of Jefferies.

Other stocks mentioned: CZR, LVS, WYNN
1 month ago - CNBC Television

What benefits Prime members does not necessarily help investors.

Other stocks mentioned: AMZN
1 month ago - The Motley Fool

MGM Resorts' (MGM) BetMGM continues to expand in the online betting space. For horse wagering, the company has partnered with NYRA Bets.

1 month ago - Zacks Investment Research

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

1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

Amazon's shares have been flat in 2021. Does that, along with the MGM deal, make AMZN stock an underdog buy?

Other stocks mentioned: AMZN
1 month ago - InvestorPlace

Sometimes a larger playing field is what it takes to score.

Other stocks mentioned: ALL, BETZ, BJK, DKNG, ENT, EVO, LVS ...
1 month ago - The Motley Fool

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.

Other stocks mentioned: AAL, BLNK, BOXL, PLAY
1 month ago - Forbes

Shares of cruise liners and airlines are on the rise in May's final trading week, and two market analysts are forecasting more gains.

Other stocks mentioned: AAL, CCL, CZR, DAL, NCLH, RCL, UAL
1 month ago - CNBC

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.

1 month ago - Benzinga

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...

Other stocks mentioned: AMZN, NFLX
2 months ago - Invezz

The Nasdaq beat the pack, +1.41%. This is the first positive close on a Monday in the month of May this year.

Other stocks mentioned: AMAT, BYND, FB, GOOGL, NVDA, RCL
2 months ago - Zacks Investment Research

Big bets on sports gambling today, as DraftKings surges

YouTube video

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.

Other stocks mentioned: DKNG, CHDN, CZR, PENN
2 months ago - CNBC Television

Gaming industry in 2021 and beyond is likely to benefit from robust demand for online betting.

Other stocks mentioned: BYD, PENN
2 months ago - Zacks Investment Research

Gamblers are coming back, and if conventions return soon, it could be a boom time for gambling stocks.

Other stocks mentioned: CZR, WYNN
2 months ago - The Motley Fool

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, ...

2 months ago - PRNewsWire

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
Full Company Profile

Financial Performance

Financial Statements

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.

Price Target
$44.78
(15.53% upside)
Analyst Consensus: Hold