MGM:NYSE
MGM Resorts International
$29.32
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+0.17%(+0.050) 1D
$29.20
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-0.41% (-0.12)bedtimeAfter hours
Closed: Oct 12, 4:00:04 PM GMT-4 · USD
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| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for MGM...
Open
$29.19
High
$29.35
Low
$28.72
Mkt. cap
7.38B
Avg. vol.
4.44M
Volume
4.80M
P/E ratio
18.06
52-wk high
$51.59
52-wk low
$28.72
EPS
$1.62
Beta
1.35
Shares outstanding
251.59M
No. of employees
69K
Open
$29.19
High
$29.35
Low
$28.72
Mkt. cap
7.38B
Avg. vol.
4.44M
Volume
4.80M
P/E ratio
18.06
52-wk high
$51.59
52-wk low
$28.72
EPS
$1.62
Beta
1.35
Shares outstanding
251.59M
No. of employees
69K
News stories
From web sources and news partners
Investing.com
·
9 hours ago
MGM stock hits 52-week low at 29.16 USD
Investing.com Nigeria
·
1 day ago
Form 4 MGM Resorts For: 11 October By Investing.com
MarketWatch
·
3 days ago
MGM Resorts International stock underperforms Friday when compared to competitors
Profile
MGM Resorts International is an American multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, New Jersey, Macau, Shanghai, Chengdu, Hangzhou and Sanya, including the Bellagio, Mandalay Bay, MGM Grand and Park MGM.
The company began operations in 1987 as MGM Grand, Inc. and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gambling revenue began to outpace gambling receipts, and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its focus from owning and operating resorts and casinos to developing and building real estate in the leisure and gambling industry—launching the massive CityCenter mixed-use project, which was at the time of its construction the world's largest construction site and ranks as one of the most expensive real estate projects in history. City Center's development coincided with the 2008 financial crisis, causing more than $1 billion in write-offs in its valuation. Wikipedia
About MGM Resorts International
CEOWilliam Hornbuckle
Employees69K
FoundedJan 29, 1986
HeadquartersLas Vegas, Nevada, United States
SectorCasino
Websitemgmresorts.com
Analyst ratings
Based on 14 analysts giving stock ratings to MGM in the past 3 months
Hold
Buy
5
Hold
7
Sell
2
12-month forecast
Based on 14 Wall Street analysts offering 12 month price targets for MGM in the last 3 months.
Highest
Current $29.32
$55.00 (+87.59%)
Average
$45.19 (+54.13%)
Lowest
$32.00 (+9.14%)
Analyst | Recommendation | Action | Price target | Projected | Date |
|---|---|---|---|---|---|
James Hardiman Citi | Hold | Maintained | $32.00 | +9.1% | 10/12/2026 |
Brandt Montour Barclays | Hold | Maintained | $37.00 | +26.2% | 10/09/2026 |
Joseph Stauff Susquehanna | Buy | Maintained | $41.00 | +39.8% | 10/08/2026 |
Shaun Kelley Bank of America Securities | Hold | Initiated | $40.00 | +36.4% | 09/24/2026 |
Benjamin Chaiken Mizuho Securities | Buy | Maintained | $55.00 | +87.6% | 09/24/2026 |
Barry Jonas Truist Financial | Buy | Maintained | - | - | 09/24/2026 |
Robin M. Farley UBS | Hold | Maintained | $46.00 | +56.9% | 09/11/2026 |
John Staszak Argus Research | Buy | Reiterated | $55.00 | +87.6% | 08/14/2026 |
Stephen Grambling Morgan Stanley | Sell | Reiterated | $43.00 | +46.7% | 08/12/2026 |
Daniel Politzer J.P. Morgan | Buy | Maintained | $53.00 | +80.8% | 07/30/2026 |
Steven Wieczynski Stifel Nicolaus | Hold | Maintained | $49.00 | +67.1% | 07/30/2026 |
Clark Lampen BTIG | Hold | Maintained | - | - | 07/28/2026 |
Lizzie Dove Goldman Sachs | Sell | Reiterated | $43.00 | +46.7% | 07/15/2026 |
Trey Bowers Wells Fargo | Hold | Maintained | $48.30 | +64.7% | 07/14/2026 |
David Katz Jefferies | Hold | Maintained | $48.00 | +63.7% | 07/02/2026 |
Vitaly Umansky Seaport Global | Hold | Maintained | - | - | 06/07/2026 |
John DeCree CBRE | Hold | Downgraded | $50.00 | +70.5% | 06/02/2026 |
Steven Pizzella Deutsche Bank | Buy | Maintained | $55.00 | +87.6% | 06/02/2026 |
Scot Ciccarelli Truist Financial | Buy | Upgraded | $55.00 | +87.6% | 05/27/2026 |
Unknown Analyst Seaport Global | Hold | Maintained | - | - | 04/30/2026 |
Unknown Analyst Argus Research | Buy | Reiterated | $45.00 | +53.5% | 04/30/2026 |
Last report
Jul 29, 2026
Fiscal period
Q2 2026
- Normalized EPS / Est. (USD)
- GAAP EPS / Est. (USD)
$0.59 / $0.58
+1.95%beat
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Revenue / Est. (USD)
4.45B / 4.42B
+0.78%beat
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Fiscal Q2 2026 earnings call
youtube_liveWaiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
- Quarterly
- Annual
All values in USD | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
Revenue | 4.25B | 4.61B | 4.45B | 4.45B |
Cost of goods sold | 2.40B | 2.58B | 2.46B | 2.47B |
Cost of revenue | 2.40B | 2.58B | 2.46B | 2.47B |
Research and development expenses | - | - | - | - |
Total research and development expenses | - | - | - | - |
Selling, general, and admin expenses | 1.37B | 1.42B | 1.42B | 1.39B |
Operating expense | 1.63B | 1.70B | 1.68B | 1.68B |
Total operating expenses | 4.03B | 4.28B | 4.15B | 4.15B |
Operating income | 219.41M | 325.10M | 305.44M | 302.12M |
Other non operating income | -129.16M | -79.94M | -33.02M | 266.18M |
EBT including unusual items | -219.59M | 99.83M | 202.25M | 413.52M |
EBT excluding unusual items | 42.55M | 180.62M | 214.25M | 524.54M |
Income tax expense | -12.86M | -282.95M | 27.46M | 90.73M |
Effective tax rate | 5.86% | -283.44% | 13.58% | 21.94% |
Other operating expenses | - | - | - | - |
Net income | -285.26M | 293.61M | 125.14M | 292.43M |
Net profit margin | -6.71% | 6.38% | 2.81% | 6.57% |
Earnings per share | 0.24 | 1.60 | 0.49 | 0.59 |
Interest and investment income | - | 12.00M | 10.00M | - |
Interest expense | -102.29M | -103.90M | -100.69M | -102.13M |
Net interest expenses | -102.29M | -91.90M | -90.69M | -102.13M |
Depreciation and amortization charges | 260.72M | 278.66M | 263.72M | 282.32M |
EBITDA | 480.13M | 603.75M | 569.16M | 584.44M |
Gain or loss from assets sale | - | - | - | - |
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider | Position | Type | Date | Shares | Amount |
|---|---|---|---|---|---|
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