MGM icon

MGM Resorts International

37.93 USD
-0.91
2.34%
At close Jul 11, 4:00 PM EDT
After hours
37.95
+0.02
0.05%
1 day
-2.34%
5 days
3.78%
1 month
14.14%
3 months
29.23%
6 months
17.32%
Year to date
12.69%
1 year
-17.26%
5 years
131.56%
10 years
101.22%
 

About: MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 59% of total EBITDAR in 2024. MGM also owns US regional assets, which represented a low 20s share of 2024 EBITDAR (MGM's Macao EBITDAR was 21% of the total in 2024). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.

Employees: 78,000

0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 10 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2024] → 9 (+3) [Q1 2025]

2.5% less ownership

Funds ownership: 67.17% [Q4 2024] → 64.67% (-2.5%) [Q1 2025]

8% less funds holding

Funds holding: 667 [Q4 2024] → 611 (-56) [Q1 2025]

21% less capital invested

Capital invested by funds: $6.92B [Q4 2024] → $5.47B (-$1.45B) [Q1 2025]

26% less repeat investments, than reductions

Existing positions increased: 184 | Existing positions reduced: 247

29% less call options, than puts

Call options by funds: $207M | Put options by funds: $291M

36% less first-time investments, than exits

New positions opened: 78 | Existing positions closed: 122

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$34
10%
downside
Avg. target
$44
17%
upside
High target
$57
50%
upside

10 analyst ratings

positive
60%
neutral
30%
negative
10%
Morgan Stanley
Stephen Grambling
0%upside
$38
Equal-Weight
Maintained
11 Jul 2025
Stifel
Steven Wieczynski
27%upside
$48
Buy
Maintained
11 Jul 2025
Citigroup
George Choi
50%upside
$57
Buy
Maintained
9 Jul 2025
UBS
Robin Farley
11%upside
$42
Neutral
Maintained
8 Jul 2025
Goldman Sachs
Lizzie Dove
10%downside
$34
Sell
Initiated
7 Jul 2025

Financial journalist opinion

Based on 15 articles about MGM published over the past 30 days

Neutral
PRNewsWire
2 days ago
Score the Draft Party of a Lifetime with Marriott Bonvoy and BetMGM
This exclusive Las Vegas experience will include a draft party moderated by former All-Pro quarterback Matt Ryan with insider insights and pick reactions LAS VEGAS , July 9, 2025 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, and Marriott Bonvoy unveiled a first-of-its-kind rewards collaboration in 2024. Together, they are now launching the ultimate fantasy football draft weekend.
Score the Draft Party of a Lifetime with Marriott Bonvoy and BetMGM
Neutral
PRNewsWire
2 days ago
Bellagio and Major Food Group Set to Begin a New Chapter of Las Vegas Fine Dining with the Debut of CARBONE Riviera this Fall
Renowned luxury hospitality group to unveil new, seafood-driven CARBONE concept on the Fountains of Bellagio LAS VEGAS , July 9, 2025 /PRNewswire/ -- This fall, two of the most acclaimed forces in hospitality— Bellagio Resort & Casino and Major Food Group—will unveil CARBONE Riviera, an extraordinary new expression of the CARBONE brand, devoted to the art of seafood at the highest level. Set against the unrivaled backdrop of the Fountains of Bellagio, the restaurant is poised to become the culinary crown jewel of Las Vegas.
Bellagio and Major Food Group Set to Begin a New Chapter of Las Vegas Fine Dining with the Debut of CARBONE Riviera this Fall
Neutral
PRNewsWire
3 days ago
TAPPP & BetMGM Announce Distribution of BetMGM Gift Cards in Ontario, Canada
First sportsbook-branded gift card launched in Canada across 2,500 retail locations NEW YORK , July 8, 2025 /PRNewswire/ -- TAPPP, a leader in flexible payment options, and BetMGM, a leading sports betting and iGaming operator, announced today that BetMGM gift cards are available for purchase across the premier retailers of Ontario. BetMGM is the first operator to secure retail distribution for a single-branded gaming gift card in Canada.
TAPPP & BetMGM Announce Distribution of BetMGM Gift Cards in Ontario, Canada
Negative
Schaeffers Research
4 days ago
Analyst: MGM Resorts Stock Is a 'Sell'
Shares of MGM Resorts International   (NYSE:MGM) are down 1.5% to trade at $37.04 at last check, after Goldman Sachs coverage initiated coverage with a "sell" rating and $34 price target.
Analyst: MGM Resorts Stock Is a 'Sell'
Positive
Zacks Investment Research
1 week ago
Will MGM (MGM) Beat Estimates Again in Its Next Earnings Report?
MGM (MGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will MGM (MGM) Beat Estimates Again in Its Next Earnings Report?
Positive
Zacks Investment Research
1 week ago
These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
Positive
Barrons
1 week ago
Wynn Resorts and MGM Stocks Rise Sharply. The ‘Las Vegas of Asia' Is Booming.
Total gaming revenue in Macau climbs 19% in June from a year earlier.
Wynn Resorts and MGM Stocks Rise Sharply. The ‘Las Vegas of Asia' Is Booming.
Positive
Zacks Investment Research
1 week ago
These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
Neutral
PRNewsWire
2 weeks ago
MGM YONKERS SUBMITS COMMERCIAL CASINO LICENSE APPLICATION IN NEW YORK
Application highlights transformative vision for Empire City YONKERS, N.Y. , June 26, 2025 /PRNewswire/ -- MGM Yonkers Inc., a subsidiary of MGM Resorts International (NYSE: MGM), today submitted its commercial casino license application to the New York Gaming Commission and the Gaming Facility Location Board, with a $2.3 billion proposal to transform its historic Empire City Casino site into a commercial casino and entertainment destination.
MGM YONKERS SUBMITS COMMERCIAL CASINO LICENSE APPLICATION IN NEW YORK
Neutral
PRNewsWire
2 weeks ago
MGM Resorts International Announces Second Quarter Earnings Release Date
LAS VEGAS , June 26, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2025 after the market closes on Wednesday, July 30, 2025. MGM Resorts will host a conference call that day at 5:00 p.m.
MGM Resorts International Announces Second Quarter Earnings Release Date
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