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 announced a quarterly dividend on Friday, August 3rd. Shareholders of record on Monday, September 10th will be given a dividend of $0.12 per share on Friday, September 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend is Friday, September 7th. View MGM Resorts International's Dividend History.

MGM Resorts International announced that its board has approved a stock repurchase program on Thursday, May 10th 2018, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 10.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

MGM Resorts International (NYSE:MGM) issued its earnings results on Thursday, August, 2nd. The company reported $0.26 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.26. The company had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.97 billion. MGM Resorts International had a return on equity of 5.07% and a net margin of 17.11%. MGM Resorts International's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.28 earnings per share. View MGM Resorts International's Earnings History.

MGM Resorts International is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for MGM Resorts International.

15 analysts have issued 1 year price targets for MGM Resorts International's shares. Their forecasts range from $31.00 to $44.00. On average, they anticipate MGM Resorts International's share price to reach $36.7857 in the next year. This suggests a possible upside of 28.7% from the stock's current price. View Analyst Price Targets for MGM Resorts International.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGM Resorts International in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MGM Resorts International.

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

Media coverage about MGM stock has been trending somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MGM Resorts International earned a news impact score of 0.20 on Accern's scale. They also assigned news stories about the company an impact score of 46.22 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for MGM Resorts International.

MGM Resorts International's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.25%), Canyon Capital Advisors LLC (3.61%), Bank of New York Mellon Corp (1.37%), Iridian Asset Management LLC CT (1.12%), Morgan Stanley (1.15%) and Dimensional Fund Advisors LP (0.99%). Company insiders that own MGM Resorts International stock include Alexis Herman, Corey Ian Sanders, Corp Tracinda, 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 FMR LLC, Frontier Capital Management Co. LLC, Jennison Associates LLC, Eagle Asset Management Inc., Wells Fargo & Company MN, Carillon Tower Advisers Inc., Janus Henderson Group PLC and GMT Capital Corp. 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, James Murren, John Mcmanus, Mary Christine Gay, Phyllis James, Robert Baldwin, Robert Selwood, Rose Mckinney-James, William A Bible and William Hornbuckle. View Insider Buying and Selling for MGM Resorts International.

MGM stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., Morgan Stanley, Epoch Investment Partners Inc., Iridian Asset Management LLC CT, Public Employees Retirement Association of Colorado, Beach Point Capital Management LP and KBC Group NV. 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 $28.58.

MGM Resorts International has a market capitalization of $15.52 billion and generates $10.77 billion in revenue each year. The company earns $1.96 billion in net income (profit) each year or $1.02 on an earnings per share basis. MGM Resorts International employs 68,000 workers across the globe.

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]