MGM Resorts stock analysis
MGM Resorts (0JWC) Share Price & Analysis
0JWC Stock Chart & Stats
- Day’s Range
- $32.45 - $33.29
- 52-Week Range
- $26.98 - $51.17
- Previous Close
- $33.06
- Volume
- N/A
- Average Volume (3M)
- 8,725
- Market Cap
- $8.36B
- Enterprise Value
- $36.03B
- Total Cash (Recent Filing)
- $2.40B
- Total Debt (Recent Filing)
- $29.42B
- Price to Earnings (P/E)
- 12.6
- Beta
- 0.77
- Next Earnings
- Feb 10, 2027 (Est.)
- EPS Estimate
- 0.32
- Last Dividend Ex-Date
- Dec 08, 2022
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Diversified Integrated Resort Model
MGM combines multiple revenue streams within integrated resorts while also participating in digital gaming and brand licensing. This diversification can reduce reliance on any single property or product and supports cross-selling, recurring customer engagement, and more resilient earnings over the next several quarters.
MGM China Market Growth
Record MGM China revenue and rising market share indicate strengthening competitive position in a major gaming market. Premium-mass momentum, improved facilities, and higher visitation can support sustained revenue growth and help offset softer performance in other operating segments.
Positive Cash Generation
Consistently positive operating and free cash flow provides an internal source of liquidity for property investment, debt service, and shareholder returns. Although conversion is imperfect, ongoing cash production improves MGM's ability to fund operations and pursue opportunities without relying solely on external capital.
Bears Say
High Financial Leverage
MGM's substantial debt burden leaves less financial flexibility if operating performance weakens or funding costs rise. High leverage can constrain investment and shareholder-return decisions, while increasing the sensitivity of future cash flows to refinancing conditions and interest expense.
Revenue And Margin Compression
The recent step-down in revenue growth and profitability suggests that MGM's earnings base is not currently expanding at its earlier pace. Continued margin pressure would reduce cash available for reinvestment, debt reduction, and shareholder distributions, weakening the durability of returns.
Persistent Las Vegas Room Weakness
Extended Las Vegas RevPAR weakness points to a sustained challenge in the room and leisure business rather than a single period's volatility. Lower rates and room revenue can weigh on property profitability, particularly when travel costs and shorter booking windows pressure customer demand.
MGM Resorts News
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MGM Resorts Stock Smart Score
Company Description
MGM Resorts
MGM Resorts International, through its various divisions, manages and possesses casino, lodging, and entertainment complexes across the United States and Macau. The company's operations are segmented into three main areas: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its resort properties offer a comprehensive suite of amenities including gaming facilities, accommodation, convention spaces, dining options, entertainment venues, retail outlets, and more. Beyond traditional slots and table games, its casino activities also encompass online sports wagering and iGaming through its BetMGM platform. As of February 17, 2021, its extensive portfolio comprised 29 distinct hotel and gaming destinations. Notable assets include its properties on the Las Vegas Strip and the Fallen Oak golf course. The company caters to a diverse clientele, including high-stakes gamblers, vacationers, wholesale travel groups, business travelers, and organizational clients such as conventions, trade groups, and small conferences. Originally known as MGM MIRAGE, the firm rebranded to MGM Resorts International in June 2010. Established in 1986, MGM Resorts International is headquartered in Las Vegas, Nevada.
- Sector
- Consumercyclical
- Industry
- Gambling, Resorts & Casinos
- CEO
- William Joseph Hornbuckle
- Employees
- 69,000
- Website
- www.mgmresorts.com
- Address
- 3600 Las Vegas Boulevard South, Las Vegas, NV, 89109, US
MGM Resorts (0JWC) Earnings & Revenues
0JWC Company Deck
0JWC Earnings Call
Earnings Call SentimentPositive
The call was predominantly positive, supported by strong casino and slot performance, record MGM China revenue and market share, rapid BetMGM profitability growth, improving MGM Digital results, a solid balance sheet, and continued progress at MGM Osaka. These strengths were tempered by Las Vegas room-rate and EBITDAR pressure, elevated travel costs, regional EBITDAR declines, Macau margin and promotional pressures, and uncertainty surrounding Brazil.
View all GB:0JWC earnings summaries0JWC Net sales Breakdown
- 48.13% Las Vegas Strip Resorts
- 21.51% Regional Operations
- 25.44% MGM China
- 3.73% MGM Digital
- 1.19% Corporate and other
0JWC Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 9 | 4 | 9 |
| Technical Analysis | 2 | 4 | 4 |
| Moving Averages | 7 | 0 | 5 |









