Seaport Res Ptn Has Bearish Forecast for MGM Q3 Earnings

Key Points

• Seaport Res Ptn has lowered its Q3 2025 earnings per share forecast for MGM Resorts International from $0.48 to $0.45, maintaining a "Hold" rating on the stock.
• Citigroup upgraded MGM from a "hold" to a "strong-buy" rating with a target price increase from $55.00 to $57.00, while other analysts have varied opinions ranging from "sell" to "outperform."
• MGM Resorts International's recent quarterly earnings exceeded expectations, reporting $0.79 EPS on revenue of $4.40 billion, reflecting a year-over-year revenue growth of 1.8%.

MGM Resorts International (NYSE:MGM - Free Report) - Equities research analysts at Seaport Res Ptn dropped their Q3 2025 earnings per share (EPS) estimates for shares of MGM Resorts International in a research note issued on Wednesday, July 30th. Seaport Res Ptn analyst V. Umansky now anticipates that the company will post earnings per share of $0.45 for the quarter, down from their previous estimate of $0.48. Seaport Res Ptn currently has a "Hold" rating on the stock. The consensus estimate for MGM Resorts International's current full-year earnings is $2.21 per share. Seaport Res Ptn also issued estimates for MGM Resorts International's Q4 2025 earnings at $0.65 EPS.

MGM has been the topic of several other research reports. Citigroup raised shares of MGM Resorts International from a "hold" rating to a "strong-buy" rating and lifted their target price for the company from $55.00 to $57.00 in a report on Wednesday, July 9th. Macquarie lowered their price objective on MGM Resorts International from $50.00 to $48.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. The Goldman Sachs Group initiated coverage on MGM Resorts International in a research note on Monday, July 7th. They set a "sell" rating and a $34.00 target price for the company. Citizens Jmp downgraded MGM Resorts International from an "outperform" rating to a "market perform" rating in a research note on Thursday, June 26th. Finally, JPMorgan Chase & Co. started coverage on MGM Resorts International in a report on Monday, June 23rd. They set a "neutral" rating and a $38.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $48.56.

MGM Resorts International Stock Performance

Shares of MGM opened at $36.47 on Friday. The stock has a market capitalization of $9.93 billion, a P/E ratio of 20.04, a P/E/G ratio of 2.45 and a beta of 1.76. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.26 and a current ratio of 1.31. MGM Resorts International has a 1 year low of $25.30 and a 1 year high of $43.99. The company's fifty day moving average is $35.04 and its two-hundred day moving average is $33.38.

MGM Resorts International (NYSE:MGM - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.58 by $0.21. MGM Resorts International had a return on equity of 19.40% and a net margin of 3.13%. The business had revenue of $4.40 billion during the quarter, compared to analysts' expectations of $4.28 billion. During the same quarter in the prior year, the business earned $0.86 earnings per share. The company's quarterly revenue was up 1.8% compared to the same quarter last year.

Institutional Trading of MGM Resorts International

Institutional investors and hedge funds have recently made changes to their positions in the stock. TD Waterhouse Canada Inc. lifted its holdings in MGM Resorts International by 8.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 3,190 shares of the company's stock valued at $111,000 after purchasing an additional 261 shares in the last quarter. XML Financial LLC raised its position in shares of MGM Resorts International by 0.9% in the second quarter. XML Financial LLC now owns 30,884 shares of the company's stock valued at $1,062,000 after buying an additional 287 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of MGM Resorts International by 4.1% during the second quarter. Concurrent Investment Advisors LLC now owns 7,975 shares of the company's stock valued at $274,000 after buying an additional 315 shares during the period. Amalgamated Bank boosted its position in MGM Resorts International by 0.8% during the first quarter. Amalgamated Bank now owns 43,933 shares of the company's stock worth $1,302,000 after acquiring an additional 329 shares during the last quarter. Finally, Quarry LP grew its stake in MGM Resorts International by 24.1% in the 1st quarter. Quarry LP now owns 1,795 shares of the company's stock worth $53,000 after acquiring an additional 349 shares during the period. 68.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at MGM Resorts International

In related news, Director Daniel J. Taylor sold 5,261 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $34.93, for a total value of $183,766.73. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Keith A. Meister sold 60,000 shares of the firm's stock in a transaction on Friday, June 13th. The stock was sold at an average price of $32.09, for a total value of $1,925,400.00. Following the transaction, the director directly owned 5,627,478 shares of the company's stock, valued at $180,585,769.02. The trade was a 1.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 105,261 shares of company stock valued at $3,486,367 over the last quarter. Corporate insiders own 3.06% of the company's stock.

MGM Resorts International declared that its board has approved a stock buyback plan on Wednesday, April 30th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the company to purchase up to 22.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its stock is undervalued.

About MGM Resorts International

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.

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