NYSE:MGM MGM Resorts International (MGM) Stock Price, News & Analysis $34.16 +0.72 (+2.15%) (As of 12/20/2024 05:31 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About MGM Resorts International Stock (NYSE:MGM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get MGM alerts:Sign Up Key Stats Today's Range$33.37▼$34.8350-Day Range$33.44▼$41.9952-Week Range$33.28▼$48.24Volume8.66 million shsAverage Volume3.24 million shsMarket Capitalization$10.17 billionP/E Ratio12.20Dividend YieldN/APrice Target$52.54Consensus RatingModerate Buy Company OverviewMGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as 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.Read More… MGM Resorts International Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks87th Percentile Overall ScoreMGM MarketRank™: MGM Resorts International scored higher than 87% of companies evaluated by MarketBeat, and ranked 42nd out of 291 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.4 / 5Analyst RatingModerate Buy Consensus RatingMGM Resorts International has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageMGM Resorts International has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about MGM Resorts International's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth-7.26% Earnings GrowthEarnings for MGM Resorts International are expected to decrease by -7.26% in the coming year, from $2.48 to $2.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGM Resorts International is 12.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.74.Price to Earnings Ratio vs. SectorThe P/E ratio of MGM Resorts International is 12.20, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.33.Price to Earnings Growth RatioMGM Resorts International has a PEG Ratio of 3.10. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMGM Resorts International has a P/B Ratio of 2.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted6.34% of the float of MGM Resorts International has been sold short.Short Interest Ratio / Days to CoverMGM Resorts International has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MGM Resorts International has recently increased by 5.96%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldMGM Resorts International does not currently pay a dividend.Dividend GrowthMGM Resorts International does not have a long track record of dividend growth. Sustainability and ESG1.8 / 5Environmental Score-3.39 Percentage of Shares Shorted6.34% of the float of MGM Resorts International has been sold short.Short Interest Ratio / Days to CoverMGM Resorts International has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MGM Resorts International has recently increased by 5.96%, indicating that investor sentiment is decreasing significantly. News and Social Media2.0 / 5News Sentiment0.69 News SentimentMGM Resorts International has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 16 news articles for MGM Resorts International this week, compared to 11 articles on an average week.Search InterestOnly 14 people have searched for MGM on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added MGM Resorts International to their MarketBeat watchlist in the last 30 days. This is a decrease of -42% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, MGM Resorts International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,865,070.00 in company stock.Percentage Held by InsidersOnly 2.13% of the stock of MGM Resorts International is held by insiders.Percentage Held by Institutions68.11% of the stock of MGM Resorts International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about MGM Resorts International's insider trading history. Receive MGM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MGM Resorts International and its competitors with MarketBeat's FREE daily newsletter. Email Address MGM Stock News HeadlinesMGM Resorts International (NYSE:MGM) Director Sells $1,865,070.00 in StockDecember 14, 2024 | insidertrades.comNevada revokes Scott Sibella’s gaming license for failure to track bookmaker’s cash at MGMDecember 20 at 5:20 AM | msn.comURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.December 22, 2024 | Crypto Swap Profits (Ad)MGM Resorts (MGM) Gets a Buy from MacquarieDecember 20 at 5:20 AM | markets.businessinsider.comW Las Vegas is now open at MGM's Mandalay Bay complexDecember 19 at 9:26 AM | msn.comMGM Resorts introduces W hotel in Las Vegas to its portfolioDecember 19 at 9:26 AM | finance.yahoo.comTax Loss Selling, Three (More) Oversold StocksDecember 19 at 6:16 AM | seekingalpha.comW LAS VEGAS DEBUTS AT MANDALAY BAYDecember 18, 2024 | prnewswire.comSee More Headlines MGM Stock Analysis - Frequently Asked Questions How have MGM shares performed this year? MGM Resorts International's stock was trading at $44.68 on January 1st, 2024. Since then, MGM shares have decreased by 23.5% and is now trading at $34.16. View the best growth stocks for 2024 here. How were MGM Resorts International's earnings last quarter? MGM Resorts International (NYSE:MGM) posted its quarterly earnings results on Wednesday, October, 30th. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.58 by $0.04. The company's quarterly revenue was up 5.3% on a year-over-year basis. Read the conference call transcript. Is MGM Resorts International buying back stock? MGM Resorts International's Board of Directors authorized a stock repurchase program on Wednesday, November 8th 2023, which authorizes the company to repurchase $2,000,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 14.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued. Does MGM Resorts International have any subsidiaries? MGM Resorts International subsidiaries include San Antonio Starts, Borgata Hotel Casino and Spa, Mirage Resorts LLC, 550 Leasing Company II LLC, AC Holding Corp., AC Holding Corp. II, Arena Land Holdings LLC, and more. Who are MGM Resorts International's major shareholders? Top institutional investors of MGM Resorts International include State Street Corp (3.14%), Geode Capital Management LLC (1.81%), Fisher Asset Management LLC (1.53%) and Goldentree Asset Management LP (1.01%). Insiders that own company stock include Iac Inc, Keith A Meister, Paul J Salem, William Hornbuckle, Corey Ian Sanders, John Mcmanus, Jonathan S Halkyard, Janet Swartz, Daniel J Taylor, Rose Mckinney-James and Alexis Herman. View institutional ownership trends. How do I buy shares of MGM Resorts International? Shares of MGM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of MGM Resorts International own? Based on aggregate information from My MarketBeat watchlists, some other companies that MGM Resorts International investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Salesforce (CRM), Verizon Communications (VZ), Tesla (TSLA) and Humana (HUM). Company Calendar Last Earnings10/30/2024Today12/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Hotels & motels Sub-IndustryCasinos & Gaming Current SymbolNYSE:MGM CUSIP55295310 CIK789570 Webwww.mgmresorts.com Phone(702) 693-7120Fax702-693-8626Employees63,000Year Founded1986Price Target and Rating Average Stock Price Target$52.54 High Stock Price Target$63.00 Low Stock Price Target$44.00 Potential Upside/Downside+53.8%Consensus RatingModerate Buy Rating Score (0-4)2.79 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$2.80 Trailing P/E Ratio12.20 Forward P/E Ratio13.77 P/E Growth3.1Net Income$1.14 billion Net Margins5.23% Pretax Margin7.13% Return on Equity25.84% Return on Assets2.45% Debt Debt-to-Equity Ratio1.63 Current Ratio1.24 Quick Ratio1.21 Sales & Book Value Annual Sales$16.16 billion Price / Sales0.63 Cash Flow$4.96 per share Price / Cash Flow6.89 Book Value$12.69 per share Price / Book2.69Miscellaneous Outstanding Shares297,740,000Free Float291,398,000Market Cap$10.17 billion OptionableOptionable Beta2.20 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report This page (NYSE:MGM) was last updated on 12/22/2024 by MarketBeat.com Staff From Our PartnersDid You See Trump’s Bombshell Exec. Order 001?Starting with what I call Exec. Order 001. It’s a bombshell law that I believe Trump will sign within minut...Banyan Hill Publishing | SponsoredMedia Humiliated: Demo of Elon’s Tech Proves They’re WrongElon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is ...Brownstone Research | SponsoredRare "crisis signal" triggers for third time in U.S. marketA rare pattern has just repeated for the third time in U.S. history. The last two times this happened, the...Stansberry Research | SponsoredURGENT: This Altcoin Opportunity Won’t Wait – Act NowAltcoin season moves fast, and those who hesitate are left behind. 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