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 yield of 1.84%. The ex-dividend date is Thursday, March 7th. This is a boost from MGM Resorts International's previous quarterly dividend of $0.12. View MGM Resorts International's Dividend History.

MGM Resorts International declared that its board has initiated a share buyback program on Thursday, May 10th 2018, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 10.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

MGM Resorts International (NYSE:MGM) posted its quarterly earnings data on Wednesday, February, 13th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.01 billion. MGM Resorts International had a net margin of 3.96% and a return on equity of 5.16%. The business's quarterly revenue was up 17.6% on a year-over-year basis. 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 Wall Street analysts have issued 12-month price targets 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 twelve months. This suggests a possible upside of 20.1% 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 articles about MGM stock have trended neutral recently, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MGM Resorts International earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely 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), InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), 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).

MGM Resorts International's stock is owned by many different of retail and institutional investors. Top institutional investors 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 bought by a variety of institutional investors in the last quarter, including 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., Mackenzie Financial Corp and Geode Capital Management LLC. 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 $28.21.

MGM Resorts International has a market capitalization of $14.87 billion and generates $11.76 billion in revenue each year. The company earns $1.96 billion 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]