NYSE:MGM - MGM Resorts International Stock Price, News, & Analysis

MGM Resorts International trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGM."

MGM Resorts International declared a quarterly dividend on Thursday, February 14th. Investors of record on Friday, March 8th will be given a dividend of $0.13 per share on Friday, March 15th. This represents a $0.52 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change from MGM Resorts International's previous quarterly dividend of $0.12. View MGM Resorts International's Dividend History.

MGM Resorts International announced that its Board of Directors has authorized a share buyback plan on Thursday, May 10th 2018, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 10.9% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board believes its shares are undervalued.

MGM Resorts International (NYSE:MGM) posted its quarterly earnings results on Wednesday, February, 13th. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. The firm earned $3.05 billion during the quarter, compared to analysts' expectations of $3.01 billion. MGM Resorts International had a return on equity of 5.23% and a net margin of 3.96%. MGM Resorts International's quarterly revenue was up 17.6% compared to the same quarter last year. View MGM Resorts International's Earnings History.

MGM Resorts International is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for MGM Resorts International.

13 brokerages have issued 1-year price objectives for MGM Resorts International's shares. Their predictions range from $30.00 to $39.00. On average, they anticipate MGM Resorts International's share price to reach $33.8889 in the next year. This suggests a possible upside of 23.6% from the stock's current price. View Analyst Price Targets for MGM Resorts International.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGM Resorts International in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MGM Resorts International.

News headlines about MGM stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. MGM Resorts International earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Some companies that are related to MGM Resorts International include Las Vegas Sands (LVS), Marriott International (MAR), Hilton Hotels (HLT), Wynn Resorts (WYNN), Melco Resorts & Entertainment (MLCO), InterContinental Hotels Group (IHG), Huazhu Group (HTHT), Hyatt Hotels (H), Caesars Entertainment (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Eldorado Resorts (ERI), Sunstone Hotel Investors (SHO) and Extended Stay America (STAY).

Based on aggregate information from My MarketBeat watchlists, some companies that other MGM Resorts International investors own include Wynn Resorts (WYNN), Bank of America (BAC), Intel (INTC), Micron Technology (MU), Las Vegas Sands (LVS), Alibaba Group (BABA), CA (CA), Citigroup (C), JPMorgan Chase & Co. (JPM) and Visa (V).

MGM Resorts International's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.74%), Harris Associates L P (3.64%), Bank of New York Mellon Corp (1.33%), Geode Capital Management LLC (1.21%), Bank of America Corp DE (1.11%) and Dimensional Fund Advisors LP (0.99%). Company insiders that own MGM Resorts International stock include Alexis Herman, Corey Ian Sanders, Daniel D'arrigo, Daniel J Taylor, James Murren, John Mcmanus, Joness Lang, Mary Christine Gay, Phyllis James, Robert Baldwin, Robert Selwood, Rose Mckinney-James, Sean Charland, William A Bible, William Hornbuckle and William Warwick Grounds. View Institutional Ownership Trends for MGM Resorts International.

MGM stock was sold by a variety of institutional investors in the last quarter, including Harris Associates L P, Gates Capital Management Inc., BlackRock Inc., Caxton Associates LP, KBC Group NV, Bank of New York Mellon Corp, Land & Buildings Investment Management LLC and Meghalaya Partners L.P.. Company insiders that have sold MGM Resorts International company stock in the last year include Alexis Herman, Corey Ian Sanders, Daniel D'arrigo, Daniel J Taylor, Mary Christine Gay, Phyllis James, Rose Mckinney-James, William A Bible and William Hornbuckle. View Insider Buying and Selling for MGM Resorts International.

MGM stock was acquired by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Bank of America Corp DE, Two Sigma Advisers LP, Canada Pension Plan Investment Board, Bank of Nova Scotia, Oregon Public Employees Retirement Fund, Epoch Investment Partners Inc. and Mackenzie Financial Corp. Company insiders that have bought MGM Resorts International stock in the last two years include Joness Lang, Sean Charland and William Warwick Grounds. View Insider Buying and Selling for MGM Resorts International.

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

One share of MGM stock can currently be purchased for approximately $27.4250.

MGM Resorts International has a market capitalization of $14.46 billion and generates $11.76 billion in revenue each year. The company earns $466.77 million in net income (profit) each year or $0.99 on an earnings per share basis. MGM Resorts International employs 68,000 workers across the globe.

The official website for MGM Resorts International is http://www.mgmresorts.com.

MGM Resorts International's mailing address is 3600 LAS VEGAS BLVD SOUTH, LAS VEGAS NV, 89109. The company can be reached via phone at 702-693-7120 or via email at [email protected]