Stocks TelegraphStocks Telegraph
Stock Ideas

MGM Company Profile and Key Details

NYSE : MGM

MGM Resorts International

$49.67
0.7+1.43%
Open: 10:39 AM
60.92
BESG ScoreESG Rating

Price Chart

Stock Price Today

MGM Resorts International (MGM) stock surged +1.43%, trading at $49.67 on NYSE, up from the previous close of $48.97. The stock opened at $49.25, fluctuating between $49.01 and $49.80 in the recent session.

Stock Snapshot

48.97
Prev. Close
12.71B
Market Cap
49.005
Day Low
68.04
P/E Ratio
0.73
EPS (TTM)
5.21
Cash Flow per Share
49.25
Open
255.85M
Number of Shares
49.8
Day High
75.1%
Free Float in %
11.29
Book Value
1.09M
Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing DateAccepted Date

Annual Report (10-k)

Filing DateAccepted Date

Stock Price History Chart

DateOpenHighLowCloseVolume
Jun 12, 202648.1549.3647.9448.974.8M
Jun 11, 202646.8447.2846.4947.221.76M
Jun 10, 202646.6847.3746.5946.912.18M
Jun 09, 202647.3948.0446.1647.154.16M
Jun 08, 202647.4847.7247.0747.263.04M
Jun 05, 202648.1248.2147.2047.513.27M
Jun 04, 202648.7248.7247.6747.943.69M
Jun 03, 202648.0848.7547.7148.305.26M
Jun 01, 202648.4651.5948.3050.6927.65M
May 29, 202643.0044.2842.7243.676.87M
May 28, 202641.9343.2041.1842.936.38M
May 27, 202640.3242.7140.3241.9510.05M
May 26, 202638.4538.5837.9138.452.98M
May 22, 202637.7438.7537.7238.404.84M
May 21, 202636.1837.8135.3837.665.79M
May 20, 202635.8536.8535.3236.514.17M
May 19, 202637.0037.1736.0136.024.94M
May 18, 202637.2337.5236.7437.093.61M
May 15, 202636.8637.2236.3636.974.86M
May 14, 202637.8538.1036.6036.815.73M

Contact Details

Las Vegas, NV 89109

United States

https://www.mgmresorts.com702 693 7120

About Company

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.

Company Information

Employees78000
Beta1.4
Sales or Revenue$16.16B
5Y Sales Change%1.107%
Fiscal Year EndsDecember
SectorConsumer Cyclical
IndustryGambling, Resorts & Casinos

Company Overview

MGM Resorts International (NYSE:MGM) closed at $48.97 USD, gaining $1.75 (3.71%) from the previous close of $47.22. The stock is currently mid-range between its 52-week high and low $29.19 and $51.59. With a market capitalization of about $12.53 billion, MGM Resorts International is classified as a large-cap and shows higher-than-market volatility (beta ~1.31). Key stats such as the average daily volume over the past year has been around 5.06 million shares, in line with its 52-week average. Headquartered in Las Vegas, NV, MGM Resorts International operates in the Consumer Cyclical sector and the Gambling, Resorts & Casinos industry. Led by CEO William Joseph Hornbuckle, the company employs approximately 78,000 people and listed since May 02, 1988. MGM Resorts International, through its various divisions, manages and possesses casino, lodging, and entertainment complexes across the United States and Macau.

Technical Performance

Short-term trend indicators are bearishly aligned (SMA20 5.62%, SMA50 5.75%, SMA200 7.86%). The stock’s 14-day RSI is 58.07 (neutral), while the ATR of 1.65 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -6.3% below its high and over 48.74% above its low. Average 10-day trading volume of 3.20 million shares is below the 3-month average of 4.89 million, indicating normal recent market interest.

Valuation Metrics

MGM Resorts International trades at a P/E ratio of 68.66, slightly above the S&P 500 average, with a price-to-sales ratio of 0.71 and a price-to-book ratio of 5.16 trading at moderately above to book value. The P/FCF stands at 7.23, also above market averages.

Dividend & Fair Value

MGM Resorts International last paid a dividend of 0 per share, this equals a trailing yield of roughly 0.01%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $64.68. This means the shares are trading below this model’s fair value.

Earnings & Analyst Outlook

Wall Street analysts project EPS growth of -1.19% annually over the next five years. The latest quarter delivered EPS of $0.49. The next quarter is forecast at $0.60. Next year's EPS is expected at $3.35. Analyst sentiment is neutral. Analyst rating data shows there are 9 Strong Buy ratings, 12 Buy ratings, 25 Hold ratings, 1 Sell rating and 5 Strong Sell ratings. Price targets range from $60.00 to $29.00. The high target offers 22.52% upside. The low target suggests -40.78% downside. The mean target is $43.76. This offers -10.64% upside. MGM Resorts International earnings surprise history is a mixed track record. The quarter that ended April 29, 2026, missed forecasts by -1.29%. The prior quarter beat by 150.0%. Over the last six quarters, Apple has recorded several small beats. These include 21.62% in February 12, 2025.

Shareholding & Insider Activity

MGM Resorts International has 272.19 million shares outstanding. The public float is 204.34 million shares, elevated short interest at 12.34% of float. This equals 20.78 million shares. The short ratio is 4.24 days. Institutional investors hold 100.08% of the float. Insiders own 27.41%. IAC Inc. holds 66.82 million shares, IAC/InterActiveCorp has 63.53 million shares and Meister Keith A. has 5.35 million shares. Over the past six months, insider transactions show balanced activity. They sold 44.18 thousand shares across 2 transactions.

Financial & Profitability Overview

Over the trailing twelve months, MGM Resorts International generated $16.16B in revenue, or $45.07 per share. Gross margin was 42.05%, operating margin 9.79%, and net profit margin 7.07%. Returns are modest, with ROA at 2.70% and ROE at 29.97%.
On valuation metrics, MGM Resorts International trades at a P/E of 68.66, P/S of 0.71 and P/B of 5.16. The current ratio is 1.33 and quick ratio is 1.30. Operationally, the company’s inventory turnover is 80.32 and cash conversion cycle is 12.84 days. Debt-to-equity is 12.88, supported by a cash flow-to-debt ratio of 0.09.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, MGM Resorts International posted revenue of $16.16B, down slightly from $13.13B in the prior quarter. Gross profit was $6.80B (margin 42.05%). Operating income was $1.58B (margin 9.8%). Net income was$1.14B (EPS $3.22).
The company ended the quarter with $2.93B in cash and short-term investments, a total debt of $31.47B, and net debt of $28.54B. Total assets were $42.37B, with equity of $4.37B. Financials further reflected stability, with operating cash flow of $2.69B, free cash flow of $1.76B, and capital expenditures of - $931.81M.

Price Forecast & Outlook

Our AI price prediction model suggests that MGM Resorts International stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 14.46%, with price expected at $56.05 by June 26, 2026, within a range of $54.24 to $58.06 3-Month Outlook: Projected rise of 79.76%, reaching $88.03 by September 10, 2026, with a range of $86.81 to $89.64. 1-Year Outlook: Projected loss of -15.89%, with price at $41.19 by June 11, 2027, within a range of $39.72 to $42.23.

Key Takeaways

MGM Resorts International (NYSE:MGM) shares are flat -7.92% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows MGM Resorts International trading at a premium to the broader market with a P/E of 68.66. Analyst sentiment is bullish, with the majority of ratings in Overweight territory and a mean price target of $48.97, suggesting 0.0% downside. Our AI forecast model points to short-term strength (14.46% over two weeks), a medium-term rise (79.76% over three months), and a longer-term loss (-15.89% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current MGM Resorts International (MGM) stock price?
MGM Resorts International (NYSE: MGM) stock price is $49.67 in the last trading session. During the trading session, MGM stock reached the peak price of $49.80 while $49.01 was the lowest point it dropped to. The percentage change in MGM stock occurred in the recent session was 1.43% while the dollar amount for the price change in MGM stock was $0.70.
MGM's industry and sector of operation?
The NYSE listed MGM is part of Gambling, Resorts & Casinos industry that operates in the broader Consumer Cyclical sector. MGM Resorts International designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of MGM?
Mr. Jeff Mochal
Senior Vice President of Corporation Communications
Andrew Chapman
Director of Investor Relations
Mr. Todd R. Meinert
Senior Vice President & Chief Accounting Officer
Mr. Jonathan S. Halkyard
Chief Financial Officer & Treasurer
Ms. Jyoti Chopra
Senior Vice President and Chief People, Inclusion & Sustainability Officer
Mr. Alan M. Feldman
Executive Vice President of Global Gov. & Industry Affairs
Mr. Corey Ian Sanders
Chief Operating Officer
Ms. Jennifer D. Michaels
Senior Vice President of PR
Mr. Gary M. Fritz
Pres of MGM Resorts International Interactive
Ms. Catherine Park
Vice President of Investor Relations
How MGM did perform over past 52-week?
MGM's closing price is 67.76% higher than its 52-week low of $29.19 where as its distance from 52-week high of $51.59 is -5.08%.
How many employees does MGM have?
Number of MGM employees currently stands at 78,000.
Link for MGM official website?
Official Website of MGM is: https://www.mgmresorts.com
How do I contact MGM?
MGM could be contacted at phone 702 693 7120 and can also be accessed through its website. MGM operates from 3600 Las Vegas Boulevard South, Las Vegas, NV 89109, United States.
How many shares of MGM are traded daily?
MGM stock volume for the day was 1.09M shares. The average number of MGM shares traded daily for last 3 months was 5.06M.
What is the market cap of MGM currently?
The market value of MGM currently stands at $12.71B with its latest stock price at $49.67 and 255.85M of its shares outstanding.
logo

Stocks Telegraph provides information and tools designed to assist investors and Wall Street players. A major goal is to offer financiers comprehensive information that will help them gain insight into investing.

Stocks Telegraph does not provide any advice or recommendations for buying or selling stocks, securities, or other financial products. Information contained on this website is for informational purposes only and should not be construed as professional financial, investment or other advice. Stocks Telegraph is not liable for any loss or damage that may occur as a result of reliance on this data.

© 2026 Stocks Telegraph All rights reserved.
Most stock quote data provided by Financial Modeling Prep

stockstelegraph

Don't have an account?

stockstelegraph

Don't have an account?

stockstelegraph

Already have an account?

stockstelegraph
Smart Screening Tools for Exceptional Returns
stockstelegraph

For just $1, you can unlock ST Grading’s top-rated stocks that consistently beat the market. Our AI-powered Smart Screener finds winning trades in seconds, helping you uncover hidden opportunities before others do.

Ready to Win Big?

Try Now for Just $1!
stockstelegraph