39.09

1.34% -0.53

After Hours: 39.09

Mgm Resorts International (MGM)

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

Mgm Resorts International stock is traded at $39.09, with a volume of 3.87M. It is down -1.34% in the last 24 hours and up +3.99% 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 low-20s of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and iGaming 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. Further, we estimate MGM will open a resort in Japan in 2030.

Previous Close:

$39.62

Open:

$39.59

24h Volume:

3.87M

Relative Volume:

0.84

Market Cap:

$11.85B

Revenue:

$17.06B

Net Income/Loss:

$879.13M

P/E Ratio:

37.95

EPS:

1.03

Net Cash Flow:

$1.48B

1W Performance:

+6.08%

1M Performance:

+3.99%

6M Performance:

-17.20%

1Y Performance:

+6.34%

1-Day Range:

$38.83

$39.78

1-Week Range:

$36.92

$40.16

52-Week Range:

$33.44

$48.24

Mgm Resorts International Stock (MGM) Company Profile

Name

Mgm Resorts International

Sector

Consumer Cyclical (575)

Industry

Resorts & Casinos (18)

Phone

702-693-7120

Address

3600 LAS VEGAS BLVD S, LAS VEGAS, NV

Employee

63,000

Twitter

@MGMResortsIntl

Next Earnings Date

2024-07-31

Latest SEC Filings

MGM's Discussions on Twitter

Mgm Resorts International Stock (MGM) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
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

05:20 AM

MGM Resorts International stock outperforms competitors despite losses on the day - MarketWatch

05:20 AM

01:22 AM

MGM Resorts put volume heavy and directionally bearish - TipRanks

01:22 AM

12:23 PM

Playtech, MGM execs speak on collaboration to broadcast live casino titles from MGM's Vegas resorts - Yogonet International

12:23 PM

10:21 AM

MGM Resorts CFO, analysts upbeat on Japan - iGaming Business

10:21 AM

08:21 AM

Hard Rock Casino Las Vegas and Guitar Hotel officials take off-site offices near Summerlin - Yogonet International

08:21 AM

07:29 AM

Second Line Capital LLC Lowers Stock Holdings in MGM Resorts International (NYSE:MGM) - MarketBeat

07:29 AM

03:18 AM

MGM Resorts International (NYSE:MGM) Shares Sold by American Century Companies Inc. - Defense World

03:18 AM

Sep 29, 2024

UAE Casinos Could Post $5B in GGR, Rival Singapore, Says Morgan Stanley - Casino.Org News

Sep 29, 2024

Toronto Dominion Bank Sells 32,635 Shares of MGM Resorts International (NYSE:MGM) - Defense World

Sep 29, 2024

Is MGM Resorts International (NYSE:MGM) A Risky Investment? - Simply Wall St

Sep 29, 2024

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $2.03 Million Position in MGM Resorts International (NYSE:MGM) - MarketBeat

Sep 29, 2024

Sep 28, 2024

AE Wealth Management LLC Has $300,000 Position in MGM Resorts International (NYSE:MGM) - Defense World

Sep 28, 2024

Xponance Inc. Has $1.45 Million Stake in MGM Resorts International (NYSE:MGM) - Defense World

Sep 28, 2024

27,245 Shares in MGM Resorts International (NYSE:MGM) Bought by Maverick Capital Ltd. - MarketBeat

Sep 28, 2024

Sep 27, 2024

When you're not watching the race, off-track experiences await - The Manual

Sep 27, 2024

How to Take Advantage of moves in (MGM) - Stock Traders Daily

Sep 27, 2024

Wynn Stock Is Eyeing Its Best Week In 2 Years. China Isn’t the Only Catalyst. - Barron's

Sep 27, 2024

Casino Stocks Advance Further on Optimism About China's Stimulus Moves - Investopedia

Sep 27, 2024