MGM Resorts International Company Profile (NYSE:MGM)

About MGM Resorts International

MGM Resorts International logoMGM Resorts International is a holding company. The Company owns and operates casino resorts. It operates in two segments: wholly owned domestic resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail and other resort amenities. It has additional business activities, including its investments in unconsolidated affiliates, and other corporate and management operations. Its wholly owned domestic resorts consisted of casino resorts in Las Vegas, Nevada, which includes Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New York, Excalibur, Monte Carlo and Circus Circus Las Vegas. It also operates other casinos, which includes MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi, and Gold Strike Tunica in Tunica, Mississippi. MGM China's operations consist of the MGM Macau resort and casino and the development of an integrated casino, hotel, and entertainment resort on the Cotai Strip in Macau.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Resorts & Casinos
  • Sub-Industry: Casinos & Gaming
  • Exchange: NYSE
  • Symbol: MGM
  • CUSIP: 55295310
Key Metrics:
  • Previous Close: $26.12
  • 50 Day Moving Average: $25.61
  • 200 Day Moving Average: $23.77
  • 52-Week Range: C$16.18 - C$27.04
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 23.32
  • P/E Growth: 3.98
  • Market Cap: $14.77B
  • Outstanding Shares: 565,614,000
  • Beta: 1.88
  • Net Margins: -1.90%
  • Return on Equity: 3.65%
  • Return on Assets: 1.21%
  • Debt-to-Equity Ratio: 1.30%
  • Current Ratio: 1.67%
  • Quick Ratio: 1.61%
Additional Links:
Companies Related to MGM Resorts International:

Analyst Ratings

Consensus Ratings for MGM Resorts International (NYSE:MGM) (?)
Ratings Breakdown: 20 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: C$28.67 (9.75% upside)

Analysts' Ratings History for MGM Resorts International (NYSE:MGM)
DateFirmActionRatingPrice TargetDetails
10/17/2016GabelliReiterated RatingBuyView Rating Details
10/6/2016ArgusUpgradeHold -> Buy$32.00View Rating Details
10/5/2016Goldman Sachs Group Inc.Reiterated RatingBuyView Rating Details
10/5/2016NomuraReiterated RatingBuy$28.00 -> $32.00View Rating Details
9/20/2016Credit Agricole SAReiterated RatingOverweight$29.00View Rating Details
9/16/2016Deutsche Bank AGReiterated RatingBuyView Rating Details
9/15/2016Stifel NicolausReiterated RatingBuy$20.00View Rating Details
9/8/2016SusquehannaReiterated RatingPositive$30.00View Rating Details
8/11/2016Buckingham ResearchInitiated CoverageBuy$31.00View Rating Details
6/17/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
6/17/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details
6/17/2016Telsey Advisory GroupBoost Price TargetOutperform$27.00 -> $29.00View Rating Details
5/8/2016Sterne Agee CRTReiterated RatingBuy$27.50 -> $30.00View Rating Details
5/6/2016Morgan StanleyInitiated CoverageOverweight$29.00View Rating Details
4/21/2016HSBCReiterated RatingBuyView Rating Details
4/13/2016Citigroup Inc.Boost Price TargetBuy$29.00 -> $32.00View Rating Details
2/22/2016Janney Montgomery ScottReiterated RatingPositive$28.00 -> $25.00View Rating Details
2/20/2016Credit Suisse Group AGReiterated RatingOutperformView Rating Details
2/1/2016Sanford C. BernsteinReiterated RatingOutperformView Rating Details
11/4/2015Barclays PLCBoost Price TargetOverweight$22.00 -> $26.00View Rating Details
8/5/2015Brean CapitalReiterated RatingBuy$25.00View Rating Details
3/19/2015Craig HallumReiterated RatingBuy$27.00View Rating Details
1/22/2015Union Gaming ResearchInitiated CoverageBuyView Rating Details
12/10/2014FBR & CoLower Price TargetOutperform$35.00 -> $30.00View Rating Details
(Data available from 10/21/2014 forward)


Earnings History for MGM Resorts International (NYSE:MGM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/4/2016Q216$0.28$0.26$2.33 billion$2.45 billionViewN/AView Earnings Details
5/5/2016Q116$0.11$0.12$2.28 billion$2.21 billionViewN/AView Earnings Details
2/18/2016Q415$0.08($1.38)$2.25 billion$2.19 billionViewListenView Earnings Details
10/29/2015Q315$0.04$0.12$2.30 billion$2.28 billionViewListenView Earnings Details
8/4/2015Q215$0.11$0.17$2.38 million$2.39 billionViewN/AView Earnings Details
5/4/2015Q115$0.14$0.33$2.40 billion$2.33 billionViewN/AView Earnings Details
4/2/2015$0.06$0.01ViewN/AView Earnings Details
2/17/2015Q414$0.06($0.70)$2.41 billion$2.39 billionViewN/AView Earnings Details
10/30/2014Q314$0.06$0.06$2.49 billion$2.50 billionViewN/AView Earnings Details
8/5/2014Q214$0.11$0.21$2.57 billion$2.60 billionViewN/AView Earnings Details
4/29/2014Q114$0.09$0.21$2.58 billion$2.60 billionViewN/AView Earnings Details
2/19/2014Q413($0.01)($0.08)$2.46 billion$2.50 billionViewN/AView Earnings Details
10/31/2013Q313($0.03)($0.07)$2.42 billion$2.50 billionViewN/AView Earnings Details
8/6/2013Q2 2013$0.01$0.04$2.47 billion$2.50 billionViewN/AView Earnings Details
5/2/2013Q1 2013($0.10)$0.01$2.34 billion$2.35 billionViewN/AView Earnings Details
2/20/2013Q4 2012($0.27)($0.23)$2.31 billion$2.29 billionViewN/AView Earnings Details
10/31/2012($0.16)($0.37)ViewN/AView Earnings Details
8/7/2012($0.14)($0.12)ViewN/AView Earnings Details
5/3/2012($0.15)($0.44)ViewN/AView Earnings Details
2/22/2012($0.20)($0.22)ViewN/AView Earnings Details
11/3/2011($0.15)($0.14)ViewN/AView Earnings Details
8/8/2011($0.13)$6.22ViewN/AView Earnings Details
5/4/2011($0.19)($0.18)ViewN/AView Earnings Details
2/14/2011($0.22)($0.20)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for MGM Resorts International (NYSE:MGM)
Current Year EPS Consensus Estimate: $0.63 EPS
Next Year EPS Consensus Estimate: $1.12 EPS


Dividend History for MGM Resorts International (NYSE:MGM)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for MGM Resorts International (NYSE:MGM)
Insider Ownership Percentage: 16.90%
Institutional Ownership Percentage: 71.21%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2016Corp TracindaMajor ShareholderSell4,000,000C$100,000,000.00C$400,000,000,000,000.00View SEC Filing  
8/31/2016John McmanusEVPSell12,363C$24.44C$302,151.72View SEC Filing  
8/12/2016Alexis HermanDirectorSell2,391C$24.66C$58,962.06View SEC Filing  
6/14/2016Mary Christine GayDirectorSell5,300C$23.89C$126,617.00View SEC Filing  
6/1/2016Rose Mckinney-JamesDirectorSell2,948C$23.33C$68,776.84View SEC Filing  
5/25/2016John McmanusEVPSell4,116C$22.88C$94,174.08View SEC Filing  
5/24/2016Corey Ian SandersCOOSell33,090C$22.63C$748,826.70View SEC Filing  
5/20/2016William HornbucklePresidentSell30,354C$21.51C$652,914.54View SEC Filing  
5/16/2016Daniel J TaylorDirectorSell12,631C$22.06C$278,639.86View SEC Filing  
5/10/2016Corey Ian SandersCOOSell32,894C$22.36C$735,509.84View SEC Filing  
3/14/2016Roland A HernandezDirectorSell12,285C$21.06C$258,722.10View SEC Filing  
3/11/2016Edward Leith EllwoodInsiderBuy1,000C$0.06C$60.00
3/11/2016William Warwick GroundsDirectorBuy1,250C$20.77C$25,962.50View SEC Filing  
3/10/2016Phyllis JamesEVPSell18,520C$20.30C$375,956.00View SEC Filing  
3/9/2016Corey Ian SandersCOOSell40,119C$20.06C$804,787.14View SEC Filing  
3/9/2016Edward Leith EllwoodInsiderBuy1,000C$0.06C$60.00
2/24/2016William A BibleDirectorBuy1,000C$17.80C$17,800.00View SEC Filing  
12/8/2015Phyllis JamesEVPSell23,963C$21.59C$517,361.17View SEC Filing  
12/4/2015Gregory M SpierkelDirectorBuy5,000C$22.48C$112,400.00View SEC Filing  
11/20/2015Edward Leith EllwoodInsiderBuy1,000C$0.05C$50.00
11/11/2015John McmanusEVPSell7,442C$23.28C$173,249.76View SEC Filing  
11/2/2015Robert SelwoodCAOSell12,398C$23.90C$296,312.20View SEC Filing  
10/29/2015Edward Leith EllwoodInsiderBuy2,000C$0.05C$100.00
10/22/2015Eric PlexmanDirectorBuy5,000C$0.05C$225.00
10/20/2015Edward Leith EllwoodInsiderSell100,000C$0.04C$4,000.00
8/25/2015Mary Christine GayDirectorBuy1,000C$20.00C$20,000.00View SEC Filing  
6/22/2015Eric PlexmanDirectorBuy8,000C$0.04C$320.00
6/2/2015Eric PlexmanDirectorBuy12,000C$0.04C$420.00
5/7/2015Paul Valerian TeodoroviciDirectorBuy2,000C$0.05C$100.00
4/17/2015Paul Valerian TeodoroviciDirectorBuy2,000C$0.05C$100.00
4/14/2015Edward Leith EllwoodInsiderBuy1,000C$0.05C$45.00
4/13/2015Edward Leith EllwoodInsiderBuy2,000C$0.05C$90.00
3/16/2015Eric PlexmanDirectorBuy15,000C$0.04C$525.00
1/14/2015Paul Valerian TeodoroviciDirectorBuy3,000C$0.04C$120.00
11/18/2014Eric PlexmanDirectorBuy10,000C$0.05C$500.00
11/7/2014Alexis HermanDirectorSell12,986C$21.94C$284,912.84View SEC Filing  
8/22/2014Phyllis JamesEVPSell4,875C$25.00C$121,875.00View SEC Filing  
8/20/2014Robert BaldwinInsiderSell26,973C$25.21C$679,989.33View SEC Filing  
8/11/2014Rose Mckinney-JamesDirectorSell4,870C$24.83C$120,922.10View SEC Filing  
5/29/2014Christopher W NordlingEVPSell5,687C$25.73C$146,326.51View SEC Filing  
5/1/2014James MurrenCEOSell26,778C$25.22C$675,341.16View SEC Filing  
3/6/2014Corey Ian SandersCOOSell17,745C$28.41C$504,135.45View SEC Filing  
3/5/2014William HornbuckleCMOSell74,059C$28.26C$2,092,907.34View SEC Filing  
2/21/2014John McmanusEVPSell6,060C$27.13C$164,407.80View SEC Filing  
2/21/2014Roland HernandezDirectorSell2,130C$27.25C$58,042.50View SEC Filing  
12/4/2013Phyllis JamesEVPSell1,645C$19.62C$32,274.90View SEC Filing  
9/13/2013John McmanusEVPSell6,779C$18.99C$128,733.21View SEC Filing  
9/11/2013James MurrenCEOSell61,784C$19.09C$1,179,456.56View SEC Filing  
8/22/2013Alexis HermanDirectorSell28,747C$17.51C$503,359.97View SEC Filing  
8/19/2013Rose Mckinney-JamesDirectorSell11,820C$17.27C$204,131.40View SEC Filing  
8/13/2013Christopher NordlingEVPSell6,229C$17.36C$108,135.44View SEC Filing  
8/8/2013William HornbuckleCMOSell36,931C$17.41C$642,968.71View SEC Filing  
5/16/2013John McmanusEVPSell5,225C$15.66C$81,823.50View SEC Filing  
5/14/2013James MurrenCEOSell94,007C$15.83C$1,488,130.81View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for MGM Resorts International (NYSE:MGM)
News IconMGM National Harbor, state's sixth casino, releasing details on amenities (NYSE:MGM) - October 20 at 6:30 PM
News IconConn. hedges its bet in north, seeking to limit revenue loss to Mass. (NYSE:MGM) - October 20 at 6:30 PM
News IconCher Comes To Las Vegas But Reveals 'I'm Not A Cher Fan' - The Inquisitr (NYSE:MGM) - October 20 at 11:52 AM
News IconFlash in the Pan or Long Term Growth Play: MGM Resorts International (NYSE:MGM) - CSZ News (NYSE:MGM) - October 19 at 6:29 PM
News IconBob Dylan does heavy metal: Musician unveils his first permanent work of art for $1.4billion US resort (NYSE:MGM) - October 19 at 11:04 AM
News IconCIC Inducts This Year's Hall of Leaders at IMEX in Las Vegas (NYSE:MGM) - October 19 at 11:04 AM
News IconInsider Activity for Investors: MGM Resorts International (NYSE:MGM) (NYSE:MGM) - October 19 at 11:04 AM
News IconMGM Resorts International (MGM) Stock Rating Reaffirmed by Gabelli (NYSE:MGM) - October 19 at 11:04 AM
News IconTop Gainers of the Day: MGM Resorts International (NYSE:MGM) from Resorts & Casinos (NYSE:MGM) - October 19 at 11:04 AM logoCher is coming to MGM National Harbor for a string of shows (NYSE:MGM) - October 18 at 6:00 PM logoMGM Resorts International : East Windsor, South Windsor join list of towns proposing satellite casino sites (NYSE:MGM) - October 18 at 11:22 AM
News IconCher Coming to MGM National Harbor in Spring 2017 (NYSE:MGM) - October 18 at 11:22 AM
News IconCher Announces Las Vegas and Maryland Residencies: 'This Is My Best Show Ever' (NYSE:MGM) - October 18 at 11:22 AM
News IconUpdate on MGM Resorts International (NYSE:MGM) for the day (NYSE:MGM) - October 18 at 11:22 AM logoStocks on the Move Staples, Inc. (NASDAQ:SPLS), MGM Resorts International (NYSE:MGM) - Wall Street 24 (NYSE:MGM) - October 17 at 6:02 PM
News IconPros Don't Lie: As Mgm Resorts International (Call) (MGM) Share Value Rose, Sandler Capital Management Has ... - Chester News (NYSE:MGM) - October 17 at 11:11 AM logoMGM National Harbor gets funny with latest theater bookings (NYSE:MGM) - October 17 at 11:11 AM
News IconMGM Resorts International (NYSE:MGM) – Top Stock from Services ... - The Daily Leicester (NYSE:MGM) - October 16 at 5:56 PM
News IconTribes reach 2nd deadline for possible casino locations (NYSE:MGM) - October 15 at 5:48 PM
News IconPay Close Attention To These Analyst Ratings MGM Resorts ... - The Voice Registrar (NYSE:MGM) - October 15 at 10:52 AM
News IconBruno Mars Announces Long-Term Relationship With MGM Resorts ... - Hospitality Net (NYSE:MGM) - October 15 at 10:52 AM
News IconBruno Mars to play pair of two-night stands at Park Theater (NYSE:MGM) - October 14 at 5:58 PM logoGolden Week Good News for Macau (MGM) (NYSE:MGM) - October 14 at 5:58 PM
News IconBruno Mars Announces Long-Term Relationship With MGM Resorts International (NYSE:MGM) - October 14 at 5:58 PM logoMGM Resorts International Set to Possibly Rebound After Yesterday's Selloff of 1.11% (NYSE:MGM) - October 14 at 5:58 PM logoNew Rules Make It Harder for Companies to Manage Their Cash (NYSE:MGM) - October 14 at 9:26 AM logoAnalyst Rating Flashback: MGM Resorts International Down 2.8% Since Upgraded 7 Days Ago (MGM) (NYSE:MGM) - October 14 at 9:26 AM
News IconThe Park to Showcase One-of-a-Kind, Life-Size LEGO Brick Sculptures (NYSE:MGM) - October 13 at 6:13 PM
News IconEarn 20 Percent Bonus Gold Passport Points in Las Vegas at M Life Hotel Properties (NYSE:MGM) - October 13 at 6:13 PM
News IconHigh Market Cap Stock of the Day – MGM Resorts International (NYSE:MGM) (NYSE:MGM) - October 13 at 6:13 PM
News IconIn it for the Long Haul: Update on MGM Resorts International (NYSE:MGM) - CSZ News (NYSE:MGM) - October 12 at 6:06 PM
News IconBruno Mars Signs Long-Term Deal with MGM Resorts International - TravelPulse (NYSE:MGM) - October 12 at 6:06 PM
News Icon2 Stocks Attracting Analyst Attention: McDonald's Corporation (NYSE:MCD), MGM Resorts International (NYSE:MGM) - The Voice Registrar (NYSE:MGM) - October 12 at 6:06 PM
News IconConvene TV: Room Blocks and the Sharing Economy (NYSE:MGM) - October 12 at 11:28 AM
News IconMGM Resorts Oddsmaker on Kovalev-Ward (NYSE:MGM) - October 12 at 11:28 AM
News IconHow MGM Resorts Started Its Own Healthcare Plan (NYSE:MGM) - October 12 at 11:28 AM
News IconFiscal Analysts Estimate Revenue Loss From Springfield Casino at Nearly $70M (NYSE:MGM) - October 12 at 11:28 AM
News IconBruno Mars Signs Long-Term Deal with MGM Resorts International (NYSE:MGM) - October 12 at 11:28 AM
News IconBruno Mars Partners With MGM Resorts International for the Next Two Years (NYSE:MGM) - October 11 at 6:25 PM
News IconResorts & Casinos: MGM Resorts International (NYSE:MGM) Position of the day (NYSE:MGM) - October 11 at 6:25 PM
News IconOffice: Connecticut could lose $68.3M from MGM casino (NYSE:MGM) - October 11 at 6:25 PM
News IconBruno Mars, MGM Resorts International Team For New Partnership (NYSE:MGM) - October 11 at 6:25 PM
News IconEXCLUSIVE: Bruno Mars Partners With MGM Resorts International for the Next Two Years - Yahoo Movies (blog) (NYSE:MGM) - October 10 at 5:48 PM
News IconEXCLUSIVE: Bruno Mars Partners With MGM Resorts International ... - Entertainment Tonight (NYSE:MGM) - October 10 at 5:48 PM logoBill Nygren Comments on MGM Resorts International (NYSE:MGM) - October 10 at 5:48 PM
News IconMGM Resorts International announces long-term partnership with Bruno Mars (NYSE:MGM) - October 10 at 10:49 AM
News IconEXCLUSIVE: Bruno Mars Partners With MGM Resorts International for the Next Two Years (NYSE:MGM) - October 10 at 10:49 AM logoMGM Resorts Hits 52-Week High: What's Driving the Stock? (NYSE:MGM) - October 7 at 11:15 AM logoWhy is Macau market important for LVS and Wynn? (NYSE:MGM) - October 7 at 9:49 AM logoMGM Resorts International (MGM) Stock Rating Upgraded to Buy, EPS Estimates Increased: Argus (NYSE:MGM) - October 6 at 5:58 PM


MGM Resorts International (NYSE:MGM) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by Staff