34.48

0.70% 0.24

After Hours: 34.77 0.29 +0.84%

Mgm Resorts International (MGM)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split Dividend History

Mgm Resorts International stock is traded at $34.48, with a volume of 2.80M. It is up +0.70% in the last 24 hours and up +1.59% over the past month. MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.

Previous Close:

$34.24

Open:

$34.39

24h Volume:

2.80M

Relative Volume:

0.67

Market Cap:

$10.27B

Revenue:

$17.27B

Net Income/Loss:

$902.59M

P/E Ratio:

12.36

EPS:

2.79

Net Cash Flow:

$1.33B

1W Performance:

-0.20%

1M Performance:

+1.59%

6M Performance:

-2.60%

1Y Performance:

-22.85%

1-Day Range:

$34.29

$34.97

1-Week Range:

$32.67

$35.05

52-Week Range:

$31.61

$48.24

Mgm Resorts International Stock (MGM) Company Profile

Name

Mgm Resorts International

Sector

Consumer Cyclical (568)

Industry

Resorts & Casinos (19)

Phone

702-693-7120

Address

3600 LAS VEGAS BLVD S, LAS VEGAS, NV

Employee

63,000

Twitter

@MGMResortsIntl

Next Earnings Date

2024-10-30

Latest SEC Filings

MGM's Discussions on Twitter

Compare MGM with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
MGM Mgm Resorts International	34.48	10.27B	17.27B	902.59M	1.33B	2.79
LVS Las Vegas Sands Corp	42.32	31.53B	11.30B	1.45B	1.94B	1.97
WYNN Wynn Resorts Ltd	80.65	8.86B	7.13B	953.26M	926.10M	8.11
CZR Caesars Entertainment Inc	36.40	7.73B	11.27B	-361.00M	-127.00M	-1.67
BYD Boyd Gaming Corp	78.57	6.94B	3.84B	500.05M	528.13M	5.24

Mgm Resorts International Stock (MGM) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Feb-03-25	Downgrade	BTIG Research	Buy → Neutral
Jul-03-24	Initiated	BTIG Research	Buy
May-02-24	Upgrade	Susquehanna	Neutral → Positive
Apr-15-24	Initiated	Seaport Research Partners	Buy
Mar-26-24	Initiated	Mizuho	Buy
Oct-23-23	Initiated	HSBC Securities	Buy
Oct-12-23	Initiated	CapitalOne	Overweight
Jul-14-23	Reiterated	Morgan Stanley	Equal-Weight
Apr-21-23	Reiterated	Barclays	Overweight
Feb-24-23	Initiated	Barclays	Overweight
Jan-06-23	Upgrade	Stifel	Hold → Buy
Dec-05-22	Upgrade	Truist	Hold → Buy
Nov-21-22	Initiated	Morgan Stanley	Equal-Weight
Sep-08-22	Downgrade	Argus	Buy → Hold
Jun-28-22	Initiated	JMP Securities	Mkt Outperform
May-03-22	Resumed	JP Morgan	Overweight
Mar-18-22	Upgrade	Susquehanna	Negative → Neutral
Feb-10-22	Resumed	Citigroup	Buy
Feb-10-22	Reiterated	Credit Suisse	Outperform
Feb-10-22	Reiterated	Macquarie	Outperform
Feb-10-22	Reiterated	Morgan Stanley	Equal-Weight
Feb-10-22	Reiterated	Stifel	Hold
Feb-10-22	Reiterated	Wells Fargo	Overweight
Jan-06-22	Reiterated	Credit Suisse	Outperform
Nov-23-21	Resumed	Morgan Stanley	Equal-Weight
Oct-12-21	Upgrade	Credit Suisse	Neutral → Outperform
Oct-01-21	Downgrade	Susquehanna	Neutral → Negative
Sep-15-21	Initiated	Wells Fargo	Overweight
Sep-13-21	Upgrade	Bernstein	Mkt Perform → Outperform
Jul-28-21	Upgrade	Goldman	Sell → Neutral
Jun-24-21	Upgrade	Deutsche Bank	Hold → Buy
May-18-21	Upgrade	JP Morgan	Neutral → Overweight
Apr-05-21	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Mar-15-21	Upgrade	Jefferies	Hold → Buy
Feb-23-21	Upgrade	Argus	Hold → Buy
Feb-08-21	Upgrade	BofA Securities	Underperform → Neutral
Jan-14-21	Initiated	KeyBanc Capital Markets	Sector Weight
Jan-07-21	Downgrade	Citigroup	Buy → Neutral
Oct-12-20	Downgrade	Barclays	Equal Weight → Underweight
Sep-16-20	Downgrade	ROTH Capital	Buy → Neutral
Sep-14-20	Downgrade	Goldman	Neutral → Sell
Jun-10-20	Downgrade	Wolfe Research	Outperform → Peer Perform
May-21-20	Downgrade	BofA/Merrill	Neutral → Underperform
May-21-20	Resumed	Credit Suisse	Neutral
May-21-20	Downgrade	Jefferies	Buy → Hold
May-01-20	Downgrade	Barclays	Overweight → Equal Weight
May-01-20	Downgrade	JP Morgan	Overweight → Neutral
Mar-18-20	Upgrade	Susquehanna	Negative → Neutral
Mar-12-20	Downgrade	Argus	Buy → Hold
Jan-21-20	Reiterated	Imperial Capital	Outperform
Aug-02-19	Downgrade	BofA/Merrill	Buy → Neutral
Jul-24-19	Initiated	Susquehanna	Negative
Jul-18-19	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Mar-20-19	Resumed	Credit Suisse	Neutral
Nov-15-18	Initiated	Bernstein	Mkt Perform
Aug-03-18	Reiterated	Stifel	Hold
Aug-03-18	Reiterated	Telsey Advisory Group	Market Perform
Jun-26-18	Downgrade	Goldman	Buy → Neutral

View All

Mgm Resorts International Stock (MGM) Latest News

Feb 06, 2025

MGM Resorts International (NYSE:MGM) Shares Sold by Janney Montgomery Scott LLC - MarketBeat

Feb 06, 2025

Robeco Institutional Asset Management B.V. Sells 98,898 Shares of MGM Resorts International (NYSE:MGM) - MarketBeat

Feb 06, 2025

Is Wall Street Bullish or Bearish on MGM Resorts Stock? - Nasdaq

Feb 06, 2025

MGM Resorts: Undervalued Too Long, It Needs To Spin Off Its Digital Unit To Build Real Value - Seeking Alpha

Feb 06, 2025

Is Wall Street Bullish Or Bearish On MGM Resorts Stock? - Barchart

Feb 06, 2025

Is MGM Resorts International (MGM) the Best Seasonal Stock to Buy According to Hedge Funds? - Insider Monkey

Feb 06, 2025

Feb 05, 2025

Greenblatt expects player acquisition decline as BetMGM aims to be "home of the premium mass player" - iGaming Business

Feb 05, 2025

MGM Resorts' BetMGM Offers a Glimpse of Its Fiscal 2024 Performance - Yahoo Finance

Feb 05, 2025