MGM Resorts (MGM)

MGM Resorts (MGM) Stock Price & Analysis


MGM Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$32.43 - $51.35
Previous Close$39.73
Average Volume (3M)4.89M
Market Cap
Enterprise Value$42.49B
Total Cash (Recent Filing)$3.32B
Total Debt (Recent Filing)$31.63B
Price to Earnings (P/E)13.5
Feb 07, 2024
<0.01 (0.02%)
Share Statistics
EPS (TTM)2.93
Shares Outstanding341,583,381
10 Day Avg. Volume4,086,402
30 Day Avg. Volume4,889,943
Standard Deviation0.15
Financial Highlights & Ratios
Price to Book (P/B)-4.70
Price to Sales (P/S)2.37
Price to Cash Flow (P/CF)4.90
P/FCF Ratio6.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.73
Enterprise Value/Gross Profit6.04
Enterprise Value/Ebitda19.90
Price Target Upside37.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12



Ownership Overview

22.26% Mutual Funds
41.64% Other Institutional Investors
35.33% Public Companies and Individual Investors


What was MGM Resorts’s price range in the past 12 months?
MGM Resorts lowest stock price was $32.43 and its highest was $51.35 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 07, 2024 which is in 69 days.
      How were MGM Resorts’s earnings last quarter?
      MGM Resorts released its earnings results on Nov 08, 2023. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.522 by $0.118.
        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 $0.67.
              How many shares outstanding does MGM Resorts have?
              MGM Resorts has 341,583,370 shares outstanding.
                What happened to MGM Resorts’s price movement after its last earnings report?
                MGM Resorts reported an EPS of $0.64 in its last earnings report, beating expectations of $0.522. Following the earnings report the stock price went down -1.138%.
                  Which hedge fund is a major shareholder of MGM Resorts?
                  Among the largest hedge funds holding MGM Resorts’s share is Davis Selected Advisers. It holds MGM Resorts’s shares valued at 362M.


                    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.


                    Top 5 ETFs holding MGM

                    Market Value
                    Smart Score
                    Global X S&P 500 Covered Call ETF
                    iShares ESG Screened S&P 500 ETF
                    Global X S&P 500 Covered Call & Growth ETF
                    Global X S&P 500 Tail Risk ETF
                    Global X S&P 500 ESG Covered Call ETF
                    Up to five ETFs with an Outperform Smart Score that hold MGM. The ETFs are listed according to market value of MGM within the ETF

                    Forecast EPS vs Actual EPS

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