NYSE:MGM

MGM Resorts International Price Target, Predictions & Analyst Ratings

$41.24
-0.06 (-0.15 %)
(As of 09/17/2021 02:28 PM ET)
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Today's Range
$41.15
$42.38
50-Day Range
$36.63
$43.44
52-Week Range
$19.55
$45.34
Volume471,464 shs
Average Volume7.73 million shs
Market Capitalization$19.87 billion
P/E RatioN/A
Dividend Yield0.02%
Beta2.44

MGM Resorts International (NYSE:MGM) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analyst Rating Consensus

Buy
Based on 14 Analyst Ratings

Analyst Price Target Consensus

$43.35

High PT$58.90
Average PT$43.35
Low PT$20.00
TypeCurrent
9/17/20 to 9/17/21
1 Month Ago
8/18/20 to 8/18/21
3 Months Ago
6/19/20 to 6/19/21
1 Year Ago
9/18/19 to 9/17/20
Consensus Rating
Buy
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
1 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
7 Hold rating(s)
12 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$43.35$41.08$35.57$19.50
Price Target Upside5.12% Upside14.64% Upside10.38% Upside4.47% Upside
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Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

MGM Resorts International (NYSE:MGM) vs. Its Competitors

TypeMGM Resorts InternationalConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.50
2.57
2.56
Consensus RatingBuyBuyBuy
Price Target Upside62.03% Upside8.20% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
1226
78.59%
Underperform Votes
334
21.41%
Avg. Outperform Votes
253
65.89%
Avg. Underperform Votes
131
34.11%
Avg. Outperform Votes
829
69.55%
Avg. Underperform Votes
363
30.45%

MGM Resorts International (NYSE:MGM) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/14/2021Wells Fargo & Company
Initiated CoverageOverweight$55.00+32.37%
9/13/2021Sanford C. Bernstein
UpgradeMarket Perform ➝ Outperform$58.90+39.28%
8/5/2021Jefferies Financial Group
David Katz
Initiated CoverageBuy$56.00+42.28%
7/28/2021The Goldman Sachs Group
UpgradeSell ➝ Neutral$38.00 ➝ $43.00+13.04%
6/24/2021Deutsche Bank Aktiengesellschaft
UpgradeHold ➝ Buy$42.00 ➝ $54.00+25.23%
6/10/2021JPMorgan Chase & Co.
Boost Price TargetPositive ➝ Overweight$47.00 ➝ $52.00+19.43%
4/30/2021Morgan Stanley
Boost Price TargetOverweight$45.00 ➝ $49.00+21.23%
4/27/2021Truist
Boost Price Target$38.00 ➝ $43.00+1.92%
3/1/2021Argus
UpgradeHold ➝ Buy$42.00+11.14%
2/16/2021Bank of America
UpgradeUnderperform ➝ Neutral
2/11/2021Stifel Nicolaus
Boost Price Target$34.00 ➝ $40.00+13.93%
2/10/2021Roth Capital
D. Bain
Boost Price Target$20.00 ➝ $27.00-26.01%
1/13/2021KeyCorp
Initiated CoverageSector Weight ➝ Sector Weight
1/7/2021Smith Barney Citigroup
DowngradeBuy ➝ Neutral
12/2/2020Macquarie
Boost Price TargetOutperform$29.00 ➝ $32.00+11.07%
10/12/2020Barclays
Felicia Hendrix
DowngradeEqual Weight ➝ Underweight$17.00 ➝ $20.00-5.88%
7/31/2020Cfra
Tuna Amobi
DowngradeSell
7/31/2020Credit Suisse Group
Boost Price TargetNeutral$15.00 ➝ $18.00+8.17%
7/21/2020SunTrust Banks
Lower Price TargetHold$19.00 ➝ $18.00+9.62%
6/10/2020Wolfe Research
DowngradeOutperform ➝ Peer Perform
5/27/2020UBS Group
Lower Price TargetNeutral$35.00 ➝ $18.00+0.90%
4/19/2020Nomura Securities
Reiterated RatingBuy$22.00+56.25%
3/18/2020Susquehanna Bancshares
UpgradeNegative ➝ Neutral$27.00 ➝ $10.00+4.71%
7/24/2019Citigroup
Initiated Coverage$23.00-20.94%
(Data available from 9/17/2016 forward. View 10+ years of historical ratings with our analyst ratings screener.)
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MGM Resorts International (NYSE:MGM) Analyst Ratings Frequently Asked Questions

What is MGM Resorts International's consensus rating and price target?

According to the issued ratings of 14 analysts in the last year, the consensus rating for MGM Resorts International stock is Buy based on the current 1 sell rating, 5 hold ratings and 8 buy ratings for MGM. The average twelve-month price target for MGM Resorts International is $43.35 with a high price target of $58.90 and a low price target of $20.00. Learn more on MGM's analyst rating history

Do Wall Street analysts like MGM Resorts International more than its competitors?

Analysts like MGM Resorts International stock less than the stock of other Consumer Discretionary companies. The consensus rating score for MGM Resorts International is 2.50 while the average consensus rating score for consumer discretionary companies is 2.57. Learn more on how MGM compares to other companies

Do MarketBeat users like MGM Resorts International more than its competitors?

MarketBeat users like MGM Resorts International stock more than the stock of other Consumer Discretionary companies. 78.59% of MarketBeat users gave MGM Resorts International an outperform vote while consumer discretionary companies recieve an average of 65.89% outperform votes by MarketBeat users.

Is MGM Resorts International being upgraded by Wall Street analysts?

Over the previous 90 days, MGM Resorts International's stock had 3 upgrades by analysts.

Does MGM Resorts International's stock price have much upside?

According to analysts, MGM Resorts International's stock has a predicted upside of 17.77% based on their 12-month price targets.

What analysts cover MGM Resorts International?

This page was last updated on 9/17/2021 by MarketBeat.com Staff
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