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MGM Stock Chart & Stats
$43.34
$0.55(1.22%)
At close: 4:00 PM EDT
$43.34
$0.55(1.22%)
Day’s Range― - ―
52-Week Range$27.94 - $51.59
Previous CloseN/A
Volume2.35M
Average Volume (3M)4.86M
Market Cap
$7.16B
Enterprise Value$40.80B
Total Cash (Recent Filing)$2.55B
Total Debt (Recent Filing)$29.85B
Price to Earnings (P/E)17.0
Beta1.04
Next Earnings
Oct 28, 2026EPS Estimate
0.08Next Dividend Ex-DateN/A
Dividend Yield0.03%
Share Statistics
EPS (TTM)1.67
Shares Outstanding251,592,760
10 Day Avg. Volume4,886,172
30 Day Avg. Volume4,855,039
Financial Highlights & Ratios
PEG Ratio-0.70
Price to Book (P/B)3.98
Price to Sales (P/S)0.55
P/FCF Ratio5.80
Enterprise Value/Market Cap5.70
Enterprise Value/Revenue2.30
Enterprise Value/Gross Profit5.20
Enterprise Value/Ebitda20.50
Forecast
1Y Price Target
$39.69Price Target Upside-8.42% Downside
Rating ConsensusHold
Number of Analyst Covering14
EPS Forecast (FY)1.74
Revenue Forecast (FY)$17.61B
Bulls Say, Bears Say
Bulls Say
Strong Revenue GrowthMeaningful revenue expansion indicates sustained demand across MGM’s resort, gaming, and entertainment portfolio. Record quarterly revenue and continued growth provide a stronger base for operating leverage, reinvestment, and durable cash generation over the next several quarters.
Strong Cash GenerationMGM generates substantial operating and free cash flow in absolute dollars, supporting debt service, property investment, and shareholder returns. This cash-producing capacity provides an important financial foundation despite leverage and gives management resources to fund ongoing strategic initiatives.
Broad Operating MomentumRecord regional performance demonstrates that MGM’s earnings base extends beyond the Las Vegas Strip and is benefiting from strong property-level demand. Geographic and asset diversification can make results more resilient when any individual market experiences softer visitation or volatility.
Bears Say
Very High LeverageExtremely high leverage increases sensitivity to refinancing conditions, interest costs, and downturns in discretionary casino and resort demand. It can also constrain capital allocation, making it harder for MGM to absorb volatility or pursue investments without relying heavily on ongoing cash generation.
Sharp Margin CompressionThe sharp decline in net margin shows that revenue growth is not converting into earnings at the rate achieved previously. Weaker operating leverage reduces profitability resilience and leaves less room for higher costs, market softness, or investment spending to be absorbed without affecting results.
Digital Losses And Heavy InvestmentMGM’s digital expansion remains loss-making in the near term, while Osaka requires substantial future capital deployment. These commitments may limit free-cash-flow flexibility and delay returns, increasing execution demands while the company is already carrying elevated leverage.
MGM Resorts News
MGM FAQ
What was MGM Resorts’s price range in the past 12 months?
MGM Resorts lowest stock price was $27.93 and its highest was $51.59 in the past 12 months.
What is MGM Resorts’s market cap?
MGM Resorts’s market cap is $7.16B.
When is MGM Resorts’s upcoming earnings report date?
MGM Resorts’s upcoming earnings report date is Oct 28, 2026 which is in 8 days.
How were MGM Resorts’s earnings last quarter?
MGM Resorts released its earnings results on Jul 29, 2026. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.559 by $0.031.
Is MGM Resorts overvalued?
According to Wall Street analysts MGM Resorts’s price is currently Overvalued.
Does MGM Resorts pay dividends?
MGM Resorts pays a Quarterly dividend of $0.003 which represents an annual dividend yield of 0.03%. See more information on MGM Resorts dividends here
What is MGM Resorts’s EPS estimate?
MGM Resorts’s EPS estimate is 0.08.
How many shares outstanding does MGM Resorts have?
MGM Resorts has 251,592,760 shares outstanding.
What happened to MGM Resorts’s price movement after its last earnings report?
MGM Resorts reported an EPS of $0.59 in its last earnings report, beating expectations of $0.559. Following the earnings report the stock price went down -0.371%.
Which hedge fund is a major shareholder of MGM Resorts?
Currently, no hedge funds are holding shares in MGM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
MGM Resorts Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$39.69 (-8.42% Downside)
$39.69 (-8.42% Downside)
Blogger Sentiment
Bullish
MGM Sentiment 73%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 6.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 5.5%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Very Bearish
Bullish news 17%
Bearish news 83%
Bearish news 83%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.84%
12-Months-Change
Fundamentals
Return on Equity
16.96%
Trailing 12-Months
Asset Growth
-4.44%
Trailing 12-Months
Learn more about TipRanks 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.
MGM Company Deck
MGM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives — record consolidated revenue, Strip EBITDAR improvement, all‑time regional results, double‑digit digital/topline growth, higher convention mix and tangible progress on Osaka — while acknowledging some short‑term headwinds such as hold volatility, seasonal softness at lower‑tier Strip properties, digital profitability still negative in the near term, and sensitivity in Macau to events. Management emphasized momentum, normalization (Macau rebound, July improvement in Vegas), disciplined capital allocation (share buybacks, targeted CapEx), and an overall constructive outlook.View all MGM earnings summariesMGM Net revenue Breakdown
48.13% Las Vegas Strip Resorts
21.51% Regional Operations
25.44% MGM China
3.73% MGM Digital
1.19% Corporate and other
MGM Stock 12 Month Forecast
Average Price Target
$39.69
▼(-8.42% Downside)
Technical Analysis
Boyd Gaming
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Caesars Entertainment
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Red Rock Resorts
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Ownership Overview
29.96% Insiders
18.41% Mutual Funds
0.14% Other Institutional Investors
31.21% Public Companies and
Individual Investors