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

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

MGM Resorts International (NYSE:MGM) issued its 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 analysts' expectations of $2.97 billion. MGM Resorts International had a return on equity of 5.07% and a net margin of 17.11%. The company's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last 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 brokers have issued 1-year target prices for MGM Resorts International's stock. Their predictions range from $31.00 to $44.00. On average, they anticipate MGM Resorts International's stock price to reach $36.7857 in the next year. This suggests a possible upside of 28.8% 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).

News stories about MGM stock have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MGM Resorts International earned a news and rumor sentiment score of 0.17 on Accern's scale. They also gave news coverage about the company an impact score of 46.83 out of 100, indicating that recent press 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 a number of of retail and institutional investors. Top institutional shareholders 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 acquired 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 $28.55.

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]