Seaport Res Ptn Issues Optimistic Outlook for MGM Earnings

Key Points

• Seaport Res Ptn has raised its Q3 2025 earnings estimate for MGM Resorts International from $0.40 to $0.46 per share, maintaining a "Hold" rating on the stock.
• MGM Resorts reported a Q2 earnings per share of $0.79, exceeding estimates and showing a 1.8% year-over-year revenue increase to $4.40 billion.
• Institutional investors hold 68.11% of MGM's stock, with several firms recently increasing their stakes in the company.

MGM Resorts International (NYSE:MGM - Free Report) - Investment analysts at Seaport Res Ptn raised their Q3 2025 earnings estimates for shares of MGM Resorts International in a research report issued on Wednesday, October 1st. Seaport Res Ptn analyst V. Umansky now anticipates that the company will post earnings per share of $0.46 for the quarter, up from their previous estimate of $0.40. Seaport Res Ptn 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 $0.71 EPS, FY2026 earnings at $2.76 EPS and FY2027 earnings at $3.39 EPS.

Several other equities research analysts also recently issued reports on MGM. Morgan Stanley raised their target price on shares of MGM Resorts International from $41.00 to $43.00 and gave the company an "equal weight" rating in a research note on Thursday, September 11th. Deutsche Bank Aktiengesellschaft cut their target price on shares of MGM Resorts International from $54.00 to $53.00 in a research note on Monday, September 22nd. Stifel Nicolaus raised their price objective on shares of MGM Resorts International from $48.00 to $50.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Citizens Jmp downgraded shares of MGM Resorts International from an "outperform" rating to a "market perform" rating in a research report on Thursday, June 26th. Finally, Mizuho cut their price objective on shares of MGM Resorts International from $58.00 to $56.00 and set an "outperform" rating for the company in a research report on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, MGM Resorts International has a consensus rating of "Moderate Buy" and a consensus target price of $48.61.

MGM Resorts International Trading Up 0.2%

Shares of NYSE:MGM opened at $34.76 on Friday. MGM Resorts International has a 52-week low of $25.30 and a 52-week high of $42.53. The company has a market capitalization of $9.46 billion, a P/E ratio of 19.10, a price-to-earnings-growth ratio of 1.48 and a beta of 1.67. The company has a 50-day simple moving average of $36.35 and a 200 day simple moving average of $33.99. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.22.

MGM Resorts International (NYSE:MGM - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.21. MGM Resorts International had a net margin of 3.13% and a return on equity of 19.39%. The business had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same period last year, the business posted $0.86 EPS. MGM Resorts International's revenue was up 1.8% on a year-over-year basis.

Insider Buying and Selling

In other news, Director Keith A. Meister sold 242,000 shares of MGM Resorts International stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $35.42, for a total value of $8,571,640.00. Following the completion of the sale, the director directly owned 5,385,478 shares in the company, valued at approximately $190,753,630.76. The trade was a 4.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider John Mcmanus sold 60,000 shares of MGM Resorts International stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $36.12, for a total transaction of $2,167,200.00. Following the completion of the sale, the insider owned 31,521 shares of the company's stock, valued at approximately $1,138,538.52. The trade was a 65.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.06% of the stock is currently owned by insiders.

Institutional Investors Weigh In On MGM Resorts International

Hedge funds and other institutional investors have recently made changes to their positions in the business. CYBER HORNET ETFs LLC acquired a new stake in shares of MGM Resorts International in the second quarter valued at approximately $25,000. Golden State Wealth Management LLC raised its position in shares of MGM Resorts International by 83.5% in the first quarter. Golden State Wealth Management LLC now owns 1,000 shares of the company's stock valued at $30,000 after buying an additional 455 shares in the last quarter. CX Institutional acquired a new stake in shares of MGM Resorts International in the first quarter valued at approximately $36,000. Bayforest Capital Ltd acquired a new stake in shares of MGM Resorts International in the first quarter valued at approximately $43,000. Finally, MassMutual Private Wealth & Trust FSB raised its position in shares of MGM Resorts International by 66.9% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,320 shares of the company's stock valued at $45,000 after buying an additional 529 shares in the last quarter. 68.11% of the stock is currently owned by institutional investors and hedge funds.

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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