MGM Resorts (MGM)
NYSE:MGM

MGM Resorts (MGM) Stock Price & Analysis

2,958 Followers

MGM Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$26.41 - $48.99
Previous Close$41.01
Volume2.55M
Average Volume (3M)4.50M
Market CapN/A
Enterprise ValueN/A
Total Cash (Recent Filing)$5.30B
Total Debt (Recent Filing)$33.71B
Price to Earnings (P/E)14.0
Beta1.27
Next EarningsFeb 08, 2023
Dividend Yield<0.01 (0.02%)
EPS (TTM)2.92
Shares Outstanding384,020,296
R-Squared0.54
Standard Deviation0.15
10 Day Avg. Volume3,937,984
30 Day Avg. Volume4,504,281
Price to Book (P/B)-5.04
Price to Sales (P/S)1.57
Price to Cash Flow (P/CF)9.10
P/FCF Ratio-11.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Price Target Upside24.92% Upside
Rating ConsensusStrong Buy
Alpha-0.00312
Number of Analyst Covering11


Financials

Annual

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Product Monthly Users

Number of people who visit MGM Resorts websites
Desktop Users
Mobile Users

MGM FAQ

What was MGM Resorts’s price range in the past 12 months?
MGM Resorts lowest stock price was $26.41 and its highest was $48.98 in the past 12 months.
    What is MGM Resorts’s market cap?
    Currently, no data Available
    When is MGM Resorts’s upcoming earnings report date?
    MGM Resorts’s upcoming earnings report date is Feb 08, 2023 which is in 11 days.
      How were MGM Resorts’s earnings last quarter?
      MGM Resorts released its earnings results on Nov 02, 2022. The company reported -$1.39 earnings per share for the quarter, missing the consensus estimate of $0.257 by -$1.647.
        Is MGM Resorts overvalued?
        According to Wall Street analysts MGM Resorts’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does MGM Resorts pay dividends?
          MGM Resorts pays a Quarterly dividend of <$0.01 which represents an annual dividend yield of 0.02%. See more information on MGM Resorts dividends here
            What is MGM Resorts’s EPS estimate?
            MGM Resorts’s EPS estimate is -$1.46.
              How many shares outstanding does MGM Resorts have?
              MGM Resorts has 384,020,300 shares outstanding.
                What happened to MGM Resorts’s price movement after its last earnings report?
                MGM Resorts reported an EPS of -$1.39 in its last earnings report, missing expectations of $0.257. Following the earnings report the stock price went down -10.538%.
                  Which hedge fund is a major shareholder of MGM Resorts?
                  Among the largest hedge funds holding MGM Resorts’s share is Corvex Management LP. It holds MGM Resorts’s shares valued at 198M.

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                    MGM Resorts Stock Smart Score

                    The MGM Resorts stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                    Learn more about TipRanks Smart Score

                    Company Description

                    MGM Resorts

                    MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica, Mississippi; Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George's County, Maryland; and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.

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                    Forecast EPS vs Actual EPS


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