MGM Resorts International (MGM)

Market Cap	12.30B
Revenue (ttm)	17.01B
Net Income (ttm)	880.07M
Shares Out	303.77M
EPS (ttm)	2.65
PE Ratio	15.28
Forward PE	14.75
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,426,741
Open	41.11
Previous Close	41.19
Day's Range	40.14 - 41.19
52-Week Range	33.44 - 48.25
Beta	2.24
Analysts	Strong Buy
Price Target	54.07 (+33.57%)
Earnings Date	Oct 30, 2024

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: 76,000
• Stock Exchange: NYSE
• Ticker Symbol: MGM
• Website: https://www.mgmresorts.com

Financial Performance

In 2023, MGM Resorts International's revenue was $16.12 billion, an increase of 23.21% compared to the previous year's $13.08 billion. Earnings were $1.14 billion, a decrease of -20.60%.

Analyst Forecast

According to 14 analysts, the average rating for MGM stock is "Strong Buy." The 12-month stock price forecast is $54.07, which is an increase of 33.57% from the latest price.

Price Target

$54.07

(33.57% upside)

Analyst Consensus: Strong Buy