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: $23.66
  • 50 Day Moving Average: $23.89
  • 200 Day Moving Average: $22.25
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 21.41
  • P/E Growth: 3.20
  • Market Cap: $13.44B
  • Outstanding Shares: 565,614,000
  • Beta: 2.07
Additional Links:
Companies Related to MGM Resorts International:

Analyst Ratings

Consensus Ratings for MGM Resorts International (NYSE:MGM) (?)
Ratings Breakdown: 1 Hold Rating, 18 Buy Ratings
Consensus Rating:Buy (Score: 2.95)
Consensus Price Target: C$28.86 (21.45% upside)

Analysts' Ratings History for MGM Resorts International (NYSE:MGM)
Show:
DateFirmActionRatingPrice TargetDetails
8/11/2016Buckingham ResearchInitiated CoverageBuy$31.00View Rating Details
6/27/2016Deutsche Bank AGReiterated RatingBuy$29.00View Rating Details
6/20/2016SusquehannaBoost Price TargetPositive$27.00 -> $31.00View Rating Details
6/17/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
6/17/2016Stifel NicolausReiterated 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
6/1/2016NomuraReiterated RatingBuy$28.00View Rating Details
5/12/2016ArgusReiterated RatingHoldView Rating Details
5/9/2016Goldman Sachs Group Inc.Reiterated RatingBuyView 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
1/1/2016GabelliReiterated RatingBuyView 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
3/18/2015Credit Agricole SADowngradeBuy -> OutperformView Rating Details
1/22/2015Union Gaming ResearchInitiated CoverageBuyView Rating Details
12/10/2014FBR & CoLower Price TargetOutperform$35.00 -> $30.00View Rating Details
10/14/2014Bank of America Corp.Reiterated RatingBuy$30.00 -> $26.00View Rating Details
(Data available from 8/27/2014 forward)

Earnings

Earnings History for MGM Resorts International (NYSE:MGM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
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)

Estimates

Earnings Estimates for MGM Resorts International (NYSE:MGM)
Current Year EPS Consensus Estimate: $0.66 EPS
Next Year EPS Consensus Estimate: $1.11 EPS

Dividends

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

Insider Trades

Insider Trading History for MGM Resorts International (NYSE:MGM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for MGM Resorts International (NYSE:MGM)
DateHeadline
News IconLeading stocks in today’s market: MGM Resorts International (NYSE:MGM) (NYSE:MGM)
twincountynews.com - August 27 at 10:31 AM
News IconMGM Resorts Launches Ad Campaign Attacking Connecticut Airport Casino (NYSE:MGM)
www.casino.org - August 27 at 10:31 AM
News IconAnalysts Valuations For Two Stocks: MGM Resorts International (NYSE:MGM), Walt Disney Co (NYSE:DIS) - The Voice Registrar (NYSE:MGM)
voiceregistrar.com - August 26 at 9:09 AM
capitalcube.com logoMGM Resorts International breached its 50 day moving average in a Bearish Manner : MGM-US : August 25, 2016 (NYSE:MGM)
www.capitalcube.com - August 26 at 9:09 AM
News IconMGM Resorts International (NYSE:MGM) from Resorts & Casinos – Todays Top Gains (NYSE:MGM)
twincountynews.com - August 25 at 11:14 AM
investorplace.com logoTrade of the Day: MGM Resorts International (NYSE:MGM) (NYSE:MGM)
investorplace.com - August 25 at 9:50 AM
News IconAnalysts Valuations For Two Stocks: Continental Resources, Inc. (NYSE:CLR), MGM Resorts International (NYSE:MGM) - The Voice Registrar (NYSE:MGM)
voiceregistrar.com - August 24 at 5:58 PM
prnewswire.com logoMGM Resorts International Rolls Out Solar Powered Mobile Device Charging Solution: The ZON "Powersol" - PR Newswire (press release) (NYSE:MGM)
www.prnewswire.com - August 24 at 5:58 PM
capitalcube.com logoETF’s with exposure to MGM Resorts International : August 24, 2016 (NYSE:MGM)
www.capitalcube.com - August 24 at 5:58 PM
finance.yahoo.com logoMGM Resorts International Rolls Out Solar Powered Mobile Device Charging Solution: The ZON "Powersol" (NYSE:MGM)
finance.yahoo.com - August 24 at 9:15 AM
finance.yahoo.com logoSome vacation spots quietly benefit as travelers avoid Zika (NYSE:MGM)
finance.yahoo.com - August 23 at 6:21 PM
News IconInvestor's Alert: Portola Pharmaceuticals Inc (NASDAQ:PTLA), MGM Resorts International (NYSE:MGM) - NYSE Journal (press release) (NYSE:MGM)
stockznews.com - August 23 at 10:34 AM
finance.yahoo.com logoWynn Resorts Raises Curtain on Wynn Palace in Macau (NYSE:MGM)
finance.yahoo.com - August 23 at 10:34 AM
investopedia.com logoMelco Crown Insists All Is Well at Studio City (NYSE:MGM)
www.investopedia.com - August 22 at 6:10 PM
seekingalpha.com logoMGM Resorts International - Where You Place Your Bet Matters - Seeking Alpha (NYSE:MGM)
seekingalpha.com - August 22 at 10:43 AM
bizjournals.com logoMGM National Harbor scales back on slot machines (NYSE:MGM)
www.bizjournals.com - August 22 at 10:43 AM
News IconMGM Resorts International to increase its stake in MGM China. (NYSE:MGM)
www.4hoteliers.com - August 21 at 10:24 AM
News IconMGM Resorts announces MGM China Holdings share acquisition (NYSE:MGM)
thelakeandeswave.com - August 21 at 10:24 AM
News IconRepublican Jim Murren of MGM: Why I Support Hillary Clinton Over Trump (NYSE:MGM)
pacevegas.com - August 21 at 10:24 AM
News IconMGM Resorts CEO Jim Murren weighs in on Clinton, Trump and the issues - Las Vegas Sun (NYSE:MGM)
lasvegassun.com - August 20 at 10:14 AM
prnewswire.com logoMGM Resorts International Completes $500,000,000 Senior Notes ... - PR Newswire (press release) (NYSE:MGM)
www.prnewswire.com - August 20 at 10:14 AM
fidaily.com logoWith Shares Trading down at $24.02 (MGM) MGM Resorts International Completes… (NYSE:MGM)
www.fidaily.com - August 19 at 6:04 PM
seekingalpha.com logoMGM Resorts completes senior note swap (NYSE:MGM)
seekingalpha.com - August 19 at 6:04 PM
4-traders.com logoMGM RESORTS INTERNATIONAL : Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:MGM)
www.4-traders.com - August 19 at 6:04 PM
News IconResorts & Casinos: MGM Resorts International (NYSE:MGM) Position of the day (NYSE:MGM)
twincountynews.com - August 19 at 6:04 PM
biz.yahoo.com logoMGM RESORTS INTERNATIONAL Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Sta (NYSE:MGM)
biz.yahoo.com - August 19 at 6:04 PM
News IconUpdate on MGM Resorts International (NYSE:MGM) for the day (NYSE:MGM)
twincountynews.com - August 19 at 9:11 AM
4-traders.com logoMGM Resorts International : CEO Jim Murren weighs in on Clinton, Trump and the issues (NYSE:MGM)
www.4-traders.com - August 19 at 9:11 AM
finance.yahoo.com logoMGM Resorts International Completes $500,000,000 Senior Notes Offering (NYSE:MGM)
finance.yahoo.com - August 19 at 9:11 AM
News IconAnalysts Valuations For Two Stocks: U.S. Bancorp (NYSE:USB), MGM Resorts International (NYSE:MGM) - The Voice Registrar (NYSE:MGM)
voiceregistrar.com - August 18 at 6:16 PM
News IconMGM Resorts International boss endorses Hillary Clinton - World Casino Directory (NYSE:MGM)
news.worldcasinodirectory.com - August 18 at 6:15 PM
reuters.com logoBRIEF-MGM Resorts International to up stake in MGM China Holdings - Reuters (NYSE:MGM)
www.reuters.com - August 17 at 6:21 PM
News IconClash of Leading Titans Turns Hot- MGM Resorts International (NYSE:MGM), Urban Outfitters (NASDAQ:URBN) - Seneca Globe (NYSE:MGM)
www.senecaglobe.com - August 17 at 6:21 PM
prnewswire.com logoMGM Resorts International Prices $500000000 In Senior Notes - PR Newswire (press release) (NYSE:MGM)
www.prnewswire.com - August 17 at 6:21 PM
News IconMGM Resorts International Is Planning for the Worst on Cotai - Madison.com (NYSE:MGM)
host.madison.com - August 17 at 6:21 PM
finance.yahoo.com logoWynn Makes $4.2 Billion Macau Gamble on His Most Expensive Casino Yet (NYSE:MGM)
finance.yahoo.com - August 17 at 6:21 PM
News IconA deal inside one of the world's largest casino conglomerates just baffled Wall Street - Business Insider (NYSE:MGM)
www.businessinsider.com - August 17 at 10:52 AM
fool.com logoMGM Resorts International Is Planning for the Worst on Cotai (NYSE:MGM)
www.fool.com - August 17 at 10:35 AM
News IconTop Gainers of the Day: MGM Resorts International (NYSE:MGM) from Resorts & Casinos (NYSE:MGM)
twincountynews.com - August 17 at 9:17 AM
News IconMGM Resorts CEO Goes All in on Clinton (NYSE:MGM)
www.foxbusiness.com - August 17 at 9:17 AM
News IconMGM raises stakes in Macau casino partnership (NYSE:MGM)
asia.nikkei.com - August 17 at 9:17 AM
News IconMGM Resorts mulls further buys of MGM China: Murren (NYSE:MGM)
www.ggrasia.com - August 17 at 9:17 AM
News IconMGM Resorts CEO Goes All in on Clinton - Fox Business (NYSE:MGM)
www.foxbusiness.com - August 16 at 6:18 PM
usatoday.com logoVegas CEO: I'm crossing the aisle to back Clinton - USA Today - USA TODAY (NYSE:MGM)
www.usatoday.com - August 16 at 6:18 PM
seekingalpha.com logoDeutsche Bank dissects MGM's China transaction - Seeking Alpha (NYSE:MGM)
seekingalpha.com - August 16 at 6:18 PM
reuters.com logoBRIEF-MGM Resorts International announces proposed senior notes offering - Reuters (NYSE:MGM)
www.reuters.com - August 16 at 6:18 PM
prnewswire.com logoMGM Resorts International Announces Proposed Senior Notes Offering - PR Newswire (press release) (NYSE:MGM)
www.prnewswire.com - August 16 at 6:18 PM
publicnow.com logoMGM Resorts International Prices $500,000,000 In Senior Notes (NYSE:MGM)
www.publicnow.com - August 16 at 6:18 PM
bloomberg.com logoMGM Lifts China Stake in $325 Million Pact With Partner Pansy Ho - Bloomberg (NYSE:MGM)
www.bloomberg.com - August 16 at 12:32 PM
feeds.benzinga.com logoMGM To Buy Added 4.95% Stake In MGM China (NYSE:MGM)
feeds.benzinga.com - August 16 at 9:43 AM

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MGM Resorts International (NYSE:MGM) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff