NYSE:MGM - MGM Resorts International Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $26.79 +0.34 (+1.29 %) (As of 10/16/2018 08:00 AM ET)Previous Close$26.45Today's Range$26.22 - $27.0952-Week Range$25.70 - $38.41Volume8.26 million shsAverage Volume9.09 million shsMarket Capitalization$15.01 billionP/E Ratio26.26Dividend Yield1.85%Beta1.4 Company ProfileDiscussionAnalyst RatingsChartDividend HistoryEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email MGM Resorts International, through its subsidiaries, owns and operates integrated casino, hotel, and entertainment resorts in the United States and China. The company operates through two segments, Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include various slots, table games, and race and sports book wagering. The company operates 14 resorts in the United States; and MGM Macau resort and casino in China, as well as develops an integrated casino, hotel, and entertainment resort on the Cotai Strip, Macau. The company also owns and operates Shadow Creek golf course, Primm Valley Golf Club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada. Receive MGM News and Ratings via Email Sign-up to receive the latest news and ratings for MGM and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Hotels & motels Sub-IndustryCasinos & Gaming SectorConsumer Discretionary SymbolNYSE:MGM CUSIP55295310 Webwww.mgmresorts.com Phone702-693-7120 Debt Debt-to-Equity Ratio1.25 Current Ratio0.68 Quick Ratio0.64 Price-To-Earnings Trailing P/E Ratio26.26 Forward P/E Ratio23.09 P/E Growth3.59 Sales & Book Value Annual Sales$10.77 billion Price / Sales1.34 Cash Flow$2.7762 per share Price / Cash9.65 Book Value$20.57 per share Price / Book1.30 Profitability EPS (Most Recent Fiscal Year)$1.02 Net Income$1.96 billion Net Margins17.11% Return on Equity5.07% Return on Assets1.92% Miscellaneous Employees68,000 Outstanding Shares537,900,000Market Cap$15.01 billion MGM Resorts International (NYSE:MGM) Frequently Asked Questions What is MGM Resorts International's stock symbol? MGM Resorts International trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGM." How often does MGM Resorts International pay dividends? What is the dividend yield for MGM Resorts International? MGM Resorts International announced a quarterly dividend on Friday, August 3rd. Investors 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 dividend yield of 1.79%. The ex-dividend date is Friday, September 7th. View MGM Resorts International's Dividend History. How will MGM Resorts International's stock buyback program work? MGM Resorts International announced that its Board of Directors has authorized a share buyback program on Thursday, May 10th 2018, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 10.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued. How were MGM Resorts International's earnings last quarter? MGM Resorts International (NYSE:MGM) announced its quarterly earnings results on Thursday, August, 2nd. The company reported $0.26 EPS for the quarter, hitting the Zacks' consensus estimate of $0.26. The firm earned $2.86 billion during 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%. The firm's revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.28 earnings per share. View MGM Resorts International's Earnings History. When is MGM Resorts International's next earnings date? MGM Resorts International is scheduled to release their next quarterly earnings announcement on Tuesday, October 30th 2018. View Earnings Estimates for MGM Resorts International. How can I listen to MGM Resorts International's earnings call? MGM Resorts International will be holding an earnings conference call on Tuesday, October 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003. What price target have analysts set for MGM? 13 analysts have issued 1-year price objectives for MGM Resorts International's shares. Their forecasts range from $30.00 to $44.00. On average, they anticipate MGM Resorts International's stock price to reach $36.0909 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price. View Analyst Price Targets for MGM Resorts International. What is the consensus analysts' recommendation 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 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MGM Resorts International. Who are some of MGM Resorts International's key competitors? 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), Wyndham Worldwide (WYN), 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), Extended Stay America (STAY) and Boyd Gaming (BYD). Who are MGM Resorts International's key executives? MGM Resorts International's management team includes the folowing people: Mr. James Joseph Murren, Chairman & CEO (Age 56)Mr. William Joseph Hornbuckle IV, Pres (Age 60)Mr. Daniel J. D'Arrigo, Exec. VP & CFO (Age 49)Mr. Corey Ian Sanders, Chief Operating Officer (Age 54)Mr. Robert H. Baldwin, Chief Customer Devel. Officer & Director (Age 68) Who are MGM Resorts International's major shareholders? MGM Resorts International's stock is owned by a number of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.05%), State of Alaska Department of Revenue (0.02%), Sumitomo Mitsui Asset Management Company LTD (0.01%), DNB Asset Management AS (0.01%), CenturyLink Investment Management Co (0.01%) and Appleton Partners Inc. MA (0.00%). 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. Which major investors are selling MGM Resorts International stock? MGM stock was sold by a variety of institutional investors in the last quarter, including CENTRAL TRUST Co, CenturyLink Investment Management Co and Appleton Partners Inc. MA. 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, John Mcmanus, Mary Christine Gay, Phyllis James, Robert Baldwin, Rose Mckinney-James, William A Bible and William Hornbuckle. View Insider Buying and Selling for MGM Resorts International. Which major investors are buying MGM Resorts International stock? MGM stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Sumitomo Mitsui Asset Management Company LTD, Private Trust Co. NA, DNB Asset Management AS and State of Alaska Department of Revenue. 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. How do I buy shares of 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. What is MGM Resorts International's stock price today? One share of MGM stock can currently be purchased for approximately $26.79. How big of a company is MGM Resorts International? MGM Resorts International has a market capitalization of $15.01 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. What is MGM Resorts International's official website? The official website for MGM Resorts International is http://www.mgmresorts.com. How can I contact MGM Resorts International? 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] MarketBeat Community Rating for MGM Resorts International (NYSE MGM)Community Ranking: 3.3 out of 5 ( )Outperform Votes: 943 (Vote Outperform)Underperform Votes: 507 (Vote Underperform)Total Votes: 1,450MarketBeat's community ratings are surveys of what our community members think about MGM Resorts International and other stocks. Vote "Outperform" if you believe MGM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGM will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 10/16/2018 by MarketBeat.com StaffFeatured Article: How Do You Make Money With Penny Stocks?