MGM Resorts International Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGM Resorts International in the last twelve months. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MGM Resorts International stock.
View analyst ratings for MGM Resorts International or view top-rated stocks.

15 analysts have issued 1 year target prices for MGM Resorts International's stock. Their MGM stock forecasts range from $40.00 to $76.00. On average, they predict MGM Resorts International's stock price to reach $52.93 in the next twelve months. This suggests a possible upside of 75.0% from the stock's current price.
View analysts' price targets for MGM Resorts International or view top-rated stocks among Wall Street analysts.

MGM Resorts International's stock was trading at $44.88 at the beginning of 2022. Since then, MGM stock has decreased by 32.6% and is now trading at $30.24.
View the best growth stocks for 2022 here.

MGM Resorts International is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for MGM Resorts International.

MGM Resorts International (NYSE:MGM) posted its quarterly earnings data on Monday, May, 2nd. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.09) by $0.10. The firm had revenue of $2.85 billion for the quarter, compared to analysts' expectations of $2.75 billion. MGM Resorts International had a net margin of 14.40% and a trailing twelve-month return on equity of 0.81%. During the same quarter in the prior year, the company posted ($0.68) EPS.
View MGM Resorts International's earnings history.

MGM Resorts International declared a quarterly dividend on Monday, May 2nd. Shareholders of record on Friday, June 10th will be given a dividend of $0.0025 per share on Wednesday, June 15th. This represents a $0.01 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date of this dividend is Thursday, June 9th.
View MGM Resorts International's dividend history.

MGM Resorts International(NYSE:MGM) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.04%. The dividend payout ratio of MGM Resorts International is 0.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGM Resorts International will have a dividend payout ratio of 0.63% next year. This indicates that MGM Resorts International will be able to sustain or increase its dividend.
View MGM Resorts International's dividend history.

83 employees have rated MGM Resorts International CEO Bill Hornbuckle on Glassdoor.com. Bill Hornbuckle has an approval rating of 65% among MGM Resorts International's employees.

Some companies that are related to MGM Resorts International include Las Vegas Sands (LVS), Caesars Entertainment (CZR), Churchill Downs (CHDN), Advanced Drainage Systems (WMS), Wynn Resorts (WYNN), Boyd Gaming (BYD), Penn National Gaming (PENN), International Game Technology (IGT), Monarch Casino & Resort (MCRI) and Isleworth Healthcare Acquisition (ISLE).
View all of MGM's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other MGM Resorts International investors own include Walt Disney (DIS), Bank of America (BAC), Delta Air Lines (DAL), NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), Boeing (BA), Las Vegas Sands (LVS), Intel (INTC) and AT&T (t).

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

MGM Resorts International's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.81%), State Street Corp (3.51%), Canada Pension Plan Investment Board (2.04%), Southeastern Asset Management Inc. TN (1.34%), SRS Investment Management LLC (1.34%) and Allianz Asset Management GmbH (1.00%). Company insiders that own MGM Resorts International stock include Alexis Herman, Atif Rafiq, Corey Ian Sanders, Daniel J Taylor, Gregory M Spierkel, James Murren, Janet Swartz, John Mcmanus, Keith A Meister, Mary Chris Jammet, Mary Christine Gay, Paul J Salem, Rose Mckinney-James, Todd Meinert, 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 SRS Investment Management LLC, State Street Corp, Goldman Sachs Group Inc., UBS Group AG, Maverick Capital Ltd., Bank of Nova Scotia, Vanguard Group Inc., and Worldquant Millennium Advisors LLC. Company insiders that have sold MGM Resorts International company stock in the last two years include Alexis Herman, Corey Ian Sanders, Daniel J Taylor, John Mcmanus, Keith A Meister, Mary Chris Jammet, Todd Meinert, William Hornbuckle, and William Warwick Grounds.
View insider buying and selling activity for MGM Resorts International or view top insider-selling stocks.

MGM stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Massachusetts Financial Services Co. MA, Qube Research & Technologies Ltd, Eagle Asset Management Inc., New York State Common Retirement Fund, Bank of Montreal Can, First Trust Advisors LP, and Arrowstreet Capital Limited Partnership. Company insiders that have bought MGM Resorts International stock in the last two years include Janet Swartz, and Paul J Salem.
View insider buying and selling activity for MGM Resorts International or or view top insider-buying stocks.

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

One share of MGM stock can currently be purchased for approximately $30.24.

MGM Resorts International (NYSE:MGM) has a market capitalization of $12.88 billion and generates $9.68 billion in revenue each year. The company earns $1.25 billion in net income (profit) each year or $3.08 on an earnings per share basis.

MGM Resorts International employs 69,000 workers across the globe.

MGM Resorts International was founded in 1986.

MGM Resorts International's mailing address is 3600 LAS VEGAS BLVD SOUTH, LAS VEGAS NV, 89109. The official website for MGM Resorts International is www.mgmresorts.com. The company can be reached via phone at (702) 693-7120, via email at [email protected], or via fax at 702-693-8626.