MGM Resorts International (MGM)

NYSE
Currency in USD
28.97
+0.51(+1.77%)
Real-time Data·
MGM Scorecard
Full Analysis
Management has been aggressively buying back shares
Earnings results expected in 13 days
Fair Value
Day's Range
28.3629.24
52 wk Range
25.3047.26
Key Statistics
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Prev. Close
28.46
Open
28.6
Day's Range
28.36-29.24
52 wk Range
25.3-47.26
Volume
2.92M
Average Volume (3m)
5.93M
1-Year Change
-33.33%
Book Value / Share
10.15
Fair Value
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Fair Value Upside
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MGM Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
47.70
Upside
+64.65%
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield
Show more

MGM Resorts International Company Profile

MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. The company operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. It operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. The company’s casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. Its customers include 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 incorporated in 1986 and is based in Las Vegas, Nevada.

MGM Resorts International SWOT Analysis


Vegas Dominance
Explore MGM's record-setting performance in Las Vegas, with strong demand trends and strategic revenue initiatives driving growth in core gaming and non-gaming segments
Regional Resilience
Delve into MGM's regional operations, showcasing a 21% year-over-year EBITDAR increase and market share gains across diverse properties
Digital Frontie
Learn about BetMGM's impressive growth, capturing 23% of the iGaming market share and solidifying its position as the third-largest U.S. sportsbook
Financial Outlook
Analysts project a 2% increase in property EBITDAR for FY2025, with an average price target range of $46-$50, reflecting confidence in MGM's strategic positioning
Read full SWOT analysis

MGM Resorts International Earnings Call Summary for Q1/2024

  • MGM reports Q1 2024 net revenues of $4.4B, up 13% YoY; Las Vegas ops up 4%, Macau up 71%
  • Company repurchased $500M+ in shares; plans international expansion in UAE, Thailand, Texas
  • BetMGM expected to generate significant free cash flow; mid-teens CAGR in FCF/share through 2028 targeted
  • Future bookings up 29% after strong April at Mandalay Bay; high-end China business at 55% of 2019 levels
  • Osaka IR project financing largest in Japan; MGM open to strategic acquisitions for growth
Last Updated: 2024/05/02, 11:18
Read Full Transcript

Compare MGM to Peers and Sector

Metrics to compare
MGM
Peers
Sector
Relationship
P/E Ratio
10.8x−1.1x10.2x
PEG Ratio
−0.440.010.02
Price/Book
2.7x3.0x1.4x
Price / LTM Sales
0.5x0.7x0.9x
Upside (Analyst Target)
68.6%39.0%35.2%
Fair Value Upside
Unlock3.2%11.5%Unlock

Analyst Ratings

17 Buy
4 Hold
0 Sell
Ratings:
21 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 47.70
(+64.65% Upside)

Earnings

Latest Release
Feb 12, 2025
EPS / Forecast
0.45 / 0.39
Revenue / Forecast
4.30B / 4.28B
EPS Revisions
Last 90 days

FAQ

What Is the MGM (MGM) Stock Price Today?

The MGM stock price today is 28.97

What Stock Exchange Does MGM Trade On?

MGM is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for MGM?

The stock symbol for MGM is "MGM."

What Is the MGM Market Cap?

As of today, MGM market cap is 8.20B.

What is MGM Earnings Per Share?

The MGM EPS is 2.42.

What Is the Next MGM Earnings Date?

MGM will release its next earnings report on 29 Apr 2025.

From a Technical Analysis Perspective, Is MGM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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