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MGM Resorts (MGM)
NYSE:MGM

MGM Resorts Stock Analysis & Ratings

MGM Resorts Stock Analysis Overview

Smart Score
10
Outperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks 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.

Stock Chart

MGM

MGM Stock Stats

Previous Close$48.44
Open$48.95
Bid47.9 x 300
Ask48.1 x 100
Today’s Range$47.87 - $49.13
52-Week Range$19.55 - $49.13
Volume4.30M
Average Volume6.49M
Market Cap$23.11B
Beta2.38
P/E Ratio-18.8
EPS-2.55
Earnings DateNov 03, 2021
Dividend & Yield0.01 (0.02%)
Ex-Dividend DateSep 09, 2021

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.
Sector
Services
Industry
Travel & Leisure
CEO
William Joseph Hornbuckle
Employees
42,000
ISIN
US5529531015
Address
3600 Las Vegas Boulevard South, Las Vegas, NV, 89109, US

Financials


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

MGM Resorts News


MGM FAQ

What was MGM Resorts’s price range in the past 12 months?
MGM Resorts lowest stock price was $19.55 and its highest was $49.13 in the past 12 months.
    What is MGM Resorts’s market cap?
    MGM Resorts’s market cap is $23.11B.
      What is MGM Resorts’s price target?
      The average price target for MGM Resorts is $52.36. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is $68.00 ,the lowest forecast is $36.00. The average price target represents 9.20% Increase from the current price of $47.95.
        What do analysts say about MGM Resorts?
        MGM Resorts’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 8 Wall Streets Analysts.
          When is MGM Resorts’s upcoming earnings report date?
          MGM Resorts’s upcoming earnings report date is Nov 03, 2021 which is in 17 days.
            How were MGM Resorts’s earnings last quarter?
            MGM Resorts released its earnings results on Aug 04, 2021. The company reported $0.137 earnings per share for the quarter, beating the consensus estimate of -$0.338 by $0.475.
              Is MGM Resorts overvalued?
              According to Wall Street analysts MGM Resorts’s price is currently Undervalued.
                Does MGM Resorts pay dividends?
                MGM Resorts pays a Quarterly dividend of <$0.01 which represents an annual dividend yield of 0.02%. MGM Resorts’s last Quarterly dividend payment was on Sep 15, 2021. MGM Resorts’s upcoming ex-dividend date is Sep 09, 2021
                  What is MGM Resorts’s EPS estimate?
                  MGM Resorts’s EPS estimate for its next earnings report is not yet available.
                  How many shares outstanding does MGM Resorts have?
                  MGM Resorts has 481,880,000 shares outstanding.
                    What happened to MGM Resorts’s price movement after its last earnings report?
                    MGM Resorts reported an EPS of $0.137 in its last earnings report, beating expectations of -$0.338. Following the earnings report the stock price went up 7.361%.
                      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 668M.

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