MGM RESORTS INTERNATIONAL

NYSE: MGM (MGM Resorts International)

Last update: yesterday, 7:42PM

33.44

-0.36 (-1.07%)

Previous Close 33.80
Open 34.10
Volume 5,017,362
Avg. Volume (3M) 4,126,915
Market Cap 9,956,424,704
Price / Earnings (TTM) 11.99
Price / Earnings (Forward) 14.12
Price / Sales 0.670
Price / Book 3.34
52 Weeks Range
33.28 (-0%) — 48.25 (44%)
Earnings Date 11 Feb 2025 - 17 Feb 2025
Profit Margin 5.24%
Operating Margin (TTM) 7.97%
Diluted EPS (TTM) 2.79
Quarterly Revenue Growth (YOY) 5.30%
Quarterly Earnings Growth (YOY) 14.60%
Total Debt/Equity (MRQ) 841.03%
Current Ratio (MRQ) 1.24
Operating Cash Flow (TTM) 2.41 B
Levered Free Cash Flow (TTM) 911.93 M
Return on Assets (TTM) 2.54%
Return on Equity (TTM) 29.01%

Market Trend

Short Term Medium Term
Industry Resorts & Casinos (US) Bullish Bearish
Resorts & Casinos (Global) Bullish Bearish
Stock MGM Resorts International Bearish Bearish

AIStockmoo Score

0.5
Analyst Consensus 3.0
Insider Activity NA
Price Volatility 4.0
Technical Moving Averages -2.5
Technical Oscillators -2.5
Average 0.50

Similar Stocks

Stock Market Cap DY P/E (TTM) P/B
MGM 10 B - 11.99 3.34
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BYD 7 B 0.88% 14.40 3.86
HGV 4 B - 46.56 2.26
VAC 3 B 3.22% 17.98 1.36

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.

Sector Consumer Cyclical
Industry Resorts & Casinos
Investment Style Mid Value
% Held by Insiders 22.74%
% Held by Institutions 69.77%
52 Weeks Range
33.28 (-0%) — 48.25 (44%)
Price Target Range
44.00 (31%) — 56.00 (67%)
High 56.00 (Truist Securities, 67.46%) Buy
56.00 (Mizuho, 67.46%) Buy
Median 50.00 (49.52%)
Low 44.00 (Morgan Stanley, 31.58%) Hold
Average 50.14 (49.94%)
Total 6 Buy, 1 Hold
Avg. Price @ Call 38.68
Firm Date Target Price Call Price @ Call
Barclays 13 Dec 2024 46.00 (37.56%) Buy 36.25
31 Oct 2024 50.00 (49.52%) Buy 36.87
JMP Securities 25 Nov 2024 50.00 (49.52%) Buy 38.31
31 Oct 2024 54.00 (61.48%) Buy 36.87
Mizuho 31 Oct 2024 56.00 (67.46%) Buy 36.87
Truist Securities 23 Oct 2024 56.00 (67.46%) Buy 39.64
Morgan Stanley 22 Oct 2024 44.00 (31.58%) Hold 40.52
Wells Fargo 17 Oct 2024 47.00 (40.55%) Buy 40.58
Deutsche Bank 01 Oct 2024 52.00 (55.50%) Buy 38.62

No data within this time range.

Date Type Details
18 Dec 2024 Announcement W LAS VEGAS DEBUTS AT MANDALAY BAY
05 Dec 2024 Announcement MGM RESORTS PROMOTES ARI KASTRATI TO CHIEF CONTENT, HOSPITALITY AND DEVELOPMENT OFFICER
02 Dec 2024 Announcement MGM Resorts International and MGM China to Speak at Leveraged Finance Conference
25 Nov 2024 Announcement BetMGM Rewards Points Now Combined Into Single, Digital Wallet
25 Nov 2024 Announcement MGM RESORTS LEADS THE CHARGE AT LAS VEGAS GRAND PRIX WITH EXCLUSIVE EVENTS AND STAR POWER
21 Nov 2024 Announcement BetMGM Debuts 2024 Emirates NBA Cup Original Bets Sweepstakes, November 21-29
18 Nov 2024 Announcement Cisco and MGM Resorts International Sign Multi-Year Agreement
04 Nov 2024 Announcement MGM Resorts Teams with USO and American Airlines for 14th Annual Salute to the Troops at Mandalay Bay
01 Nov 2024 Announcement MGM RESORTS INTERNATIONAL SHIFTS INTO HIGH GEAR FOR 2024 LAS VEGAS GRAND PRIX NOVEMBER 21-23
30 Oct 2024 Announcement MGM China Reports 2024 Nine-Month Results
30 Oct 2024 Announcement MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS
21 Oct 2024 Announcement MGM RESORTS INTERNATIONAL AND MARRIOTT INTERNATIONAL SIGN AGREEMENT TO LAUNCH W LAS VEGAS
08 Oct 2024 CNBC BetMGM wagers that new technology, football can lead to a resurgence
07 Oct 2024 Announcement BetMGM Casino is the 2024 American Gambling Awards Online Casino of the Year
02 Oct 2024 Announcement MGM Resorts International Announces Third Quarter 2024 Earnings Release Date
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5Y Average Dividend Yield 0.42%
Ex Date Announcement Date Payment Date Details
08 Dec 2022 02 Nov 2022 15 Dec 2022 0.0025 Cash
08 Sep 2022 03 Aug 2022 15 Sep 2022 0.0025 Cash
09 Jun 2022 02 May 2022 15 Jun 2022 0.0025 Cash
09 Mar 2022 09 Feb 2022 15 Mar 2022 0.0025 Cash
09 Dec 2021 03 Nov 2021 15 Dec 2021 0.0025 Cash
09 Sep 2021 04 Aug 2021 15 Sep 2021 0.0025 Cash
09 Jun 2021 28 Apr 2021 15 Jun 2021 0.0025 Cash
09 Mar 2021 10 Feb 2021 15 Mar 2021 0.0025 Cash
09 Dec 2020 29 Oct 2020 15 Dec 2020 0.0025 Cash
09 Sep 2020 30 Jul 2020 15 Sep 2020 0.0025 Cash
09 Jun 2020 30 Apr 2020 15 Jun 2020 0.0025 Cash
09 Mar 2020 12 Feb 2020 16 Mar 2020 0.15 Cash
09 Dec 2019 31 Oct 2019 16 Dec 2019 0.13 Cash
09 Sep 2019 26 Jul 2019 16 Sep 2019 0.13 Cash
07 Jun 2019 30 Apr 2019 14 Jun 2019 0.13 Cash
07 Mar 2019 14 Feb 2019 15 Mar 2019 0.13 Cash
07 Dec 2018 31 Oct 2018 14 Dec 2018 0.12 Cash
07 Sep 2018 02 Aug 2018 14 Sep 2018 0.12 Cash
07 Jun 2018 26 Apr 2018 15 Jun 2018 0.12 Cash
08 Mar 2018 19 Feb 2018 15 Mar 2018 0.12 Cash
08 Dec 2017 07 Nov 2017 15 Dec 2017 0.11 Cash
08 Sep 2017 26 Jul 2017 15 Sep 2017 0.11 Cash
07 Jun 2017 26 Apr 2017 15 Jun 2017 0.11 Cash
08 Mar 2017 16 Feb 2017 15 Mar 2017 0.11 Cash
18 May 2004 26 Apr 2004 17 May 2004 8 Cash
08 Feb 2000 13 Dec 1999 01 Mar 2000 0.1 Cash
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Annual Dividend Yield

Year Annual Dividend ($) Frequency/Year Yield %
2022 0.010 4 0.03
2021 0.010 4 0.02
2020 0.158 4 0.50
2019 0.520 4 1.56
2018 0.480 4 1.98
2017 0.440 4 1.32
2004 8.00 1 22.00
2000 0.100 1 0.71
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The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.

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