MGM Resorts International (MGM) Stock Price, News & Analysis

Company Overview

MGM Resorts International is a leading global hospitality and entertainment company with a history dating back to the opening of the original MGM Grand Hotel & Casino in Las Vegas in 1993. The company evolved from a storied film studio heritage into a diversified resort operator, going public in 1986 and expanding its footprint through strategic acquisitions and developments. Headquartered in Las Vegas, MGM Resorts has established itself as a pioneer in the integrated resort model, combining lodging, gaming, dining, and live entertainment under one roof.

The core business activities of MGM Resorts International include casino gaming, hotel operations, and entertainment venues. Its portfolio features iconic properties such as Bellagio, MGM Grand, Mandalay Bay and The Mirage in Las Vegas, as well as Beau Rivage in Mississippi and Borgata in Atlantic City. Beyond brick-and-mortar resorts, MGM Resorts delivers comprehensive meeting and convention services, high-end spas, fine dining restaurants, and premier nightlife experiences. The company also holds a significant presence in the digital gaming space through the BetMGM joint venture, offering online sports betting and iGaming solutions across multiple states.

Operating primarily in North America and Asia, MGM Resorts serves a diverse clientele ranging from leisure travelers to corporate event organizers. The company has expanded internationally through its stake in MGM China Holdings, which operates in Macau, one of the world’s largest gaming markets. Under the leadership of President and CEO Bill Hornbuckle, MGM Resorts continues to emphasize innovation, sustainability and community engagement. Initiatives such as energy conservation programs, responsible gaming practices and workforce development underscore its commitment to long-term value creation and stakeholder responsibility.

Key Stats

• Today's Range: $37.70 to $37.70
• 50-Day Range: $30.89 to $37.70
• 52-Week Range: $25.30 to $47.26
• Volume: 1,050 shs
• Average Volume: 5.47 million shs
• Market Capitalization: $10.34 billion
• P/E Ratio: 16.97
• Dividend Yield: N/A
• Price Target: $47.33
• Consensus Rating: Moderate Buy

MGM Resorts International Stock Analysis - MarketRank™

MGM Resorts International scored higher than 100% of companies evaluated by MarketBeat, and ranked 13th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

MGM Resorts International has received a consensus rating of Moderate Buy. The company's average rating score is 2.61, and is based on 15 buy ratings, 7 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

MGM Resorts International has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 29.86%

Earnings Growth

Earnings for MGM Resorts International are expected to grow by 29.86% in the coming year, from $2.21 to $2.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MGM Resorts International is 16.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.82.

Price to Earnings Ratio vs. Sector

The P/E ratio of MGM Resorts International is 16.83, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.01.

Price to Earnings Growth Ratio

MGM Resorts International has a PEG Ratio of 2.58. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

MGM Resorts International has a P/B Ratio of 3.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.66% of the float of MGM Resorts International has been sold short.

Short Interest Ratio / Days to Cover

MGM Resorts International has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MGM Resorts International has recently decreased by 5.95%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

MGM Resorts International does not currently pay a dividend.

Dividend Growth

MGM Resorts International does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of MGM Resorts International is 0.45%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, MGM Resorts International will have a dividend payout ratio of 0.35% next year. This indicates that MGM Resorts International will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -3.39

Percentage of Shares Shorted

9.66% of the float of MGM Resorts International has been sold short.

Short Interest Ratio / Days to Cover

MGM Resorts International has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MGM Resorts International has recently decreased by 5.95%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.87

News Sentiment

MGM Resorts International has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for MGM Resorts International this week, compared to 13 articles on an average week.

Search Interest

23 people have searched for MGM on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added MGM Resorts International to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, MGM Resorts International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,486,367.00 in company stock.

Percentage Held by Insiders

Only 3.06% of the stock of MGM Resorts International is held by insiders.

Percentage Held by Institutions

68.11% of the stock of MGM Resorts International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MGM Stock Analysis - Frequently Asked Questions

How have MGM shares performed this year?

MGM Resorts International's stock was trading at $34.65 on January 1st, 2025. Since then, MGM stock has increased by 8.8% and is now trading at $37.69.

How were MGM Resorts International's earnings last quarter?

MGM Resorts International (NYSE:MGM) released its quarterly earnings results on Wednesday, April, 30th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.19. MGM Resorts International's revenue was down 2.4% compared to the same quarter last year.
Read the conference call transcript.

Is MGM Resorts International buying back stock?

MGM Resorts International's board authorized a share buyback program on Wednesday, April 30th 2025, which authorizes the company to buy back $2,000,000,000 in shares, according to EventVestor. This means that the company could buy up to 22.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its stock is undervalued.

Does MGM Resorts International have any subsidiaries?

MGM Resorts International subsidiaries include these companies: San Antonio Starts, Borgata Hotel Casino and Spa, Mirage Resorts LLC, 550 Leasing Company II LLC, AC Holding Corp., AC Holding Corp. II, Arena Land Holdings LLC, and others.

Who are MGM Resorts International's major shareholders?

Top institutional shareholders of MGM Resorts International include Key Colony Management LLC (0.23%), Czech National Bank (0.02%), Chemistry Wealth Management LLC (0.01%) and Pallas Capital Advisors LLC. Insiders that own company stock include Iac Inc, Keith A Meister, Paul J Salem, William Hornbuckle, Corey Ian Sanders, Jonathan S Halkyard, John Mcmanus, Janet Swartz, Todd Meinert, Rose Mckinney-James, Alexis Herman and Daniel J Taylor.
View institutional ownership trends.

How do I buy shares of MGM Resorts International?

Shares of MGM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of MGM Resorts International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MGM Resorts International investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Salesforce (CRM), Verizon Communications (VZ), Tesla (TSLA) and Humana (HUM).

Company Calendar

• Last Earnings: 4/30/2025
• Today: 7/10/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: GAMING
• Sub-Industry: Casinos & Gaming
• Current Symbol: NYSE:MGM
• CIK: 789570
• Web: www.mgmresorts.com
• Phone: (702) 693-7120
• Fax: 702-693-8626
• Employees: 63,000
• Year Founded: 1986

Price Target and Rating

• Average Price Target for MGM Resorts International: $47.33
• High Price Target: $60.00
• Low Price Target: $34.00
• Potential Upside/Downside: +25.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.61
• Research Coverage: 23 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.24
• Trailing P/E Ratio: 16.83
• Forward P/E Ratio: 17.05
• P/E Growth: 2.58
• Net Income: $746.56 million
• Net Margins: 3.95%
• Pretax Margin: 6.07%
• Return on Equity: 20.64%
• Return on Assets: 1.82%

Debt

• Debt-to-Equity Ratio: 1.79
• Current Ratio: 1.31
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $17.13 billion
• Price / Sales: 0.60
• Cash Flow: $5.62 per share
• Price / Cash Flow: 6.71
• Book Value: $12.38 per share
• Price / Book: 3.04

Miscellaneous

• Outstanding Shares: 272,149,000
• Free Float: 263,821,000
• Market Cap: $10.26 billion
• Optionable: Optionable
• Beta: 1.76