- Previous Close
27.90 - Open
26.88 - Bid 26.58 x 1300
- Ask 27.25 x 1000
- Day's Range
25.61 - 27.58 - 52 Week Range
25.61 - 47.26 - Volume
11,273,545 - Avg. Volume
5,622,998 - Market Cap (intraday)
7.67B - Beta (5Y Monthly) 1.96
- PE Ratio (TTM)
11.19 - EPS (TTM)
2.40 - Earnings Date Apr 30, 2025
- Forward Dividend & Yield --
- Ex-Dividend Date Dec 8, 2022
- 1y Target Est
49.04
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. The company operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. It operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. The company's casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. 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.
www.mgmresorts.com60,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: MGM
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Performance Overview: MGM
Trailing total returns as of 4/4/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: MGM
View MoreValuation Measures
Market Cap
7.67B
Enterprise Value
36.86B
Trailing P/E
11.19
Forward P/E
11.83
PEG Ratio (5yr expected)
1.51
Price/Sales (ttm)
0.48
Price/Book (mrq)
2.54
Enterprise Value/Revenue
2.14
Enterprise Value/EBITDA
15.42
Financial Highlights
Profitability and Income Statement
Profit Margin
4.33%
Return on Assets (ttm)
2.46%
Return on Equity (ttm)
26.33%
Revenue (ttm)
17.24B
Net Income Avi to Common (ttm)
743.65M
Diluted EPS (ttm)
2.40
Balance Sheet and Cash Flow
Total Cash (mrq)
2.42B
Total Debt/Equity (mrq)
856.29%
Levered Free Cash Flow (ttm)
722.21M
Research Analysis: MGM
View MoreResearch Reports: MGM
View MoreMacao Gaming: Geopolitical and US Policy Actions Increase the Risk Premium
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.
RatingPrice TargetDaily – Vickers Top Buyers & Sellers for 03/10/2025
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
MGM's Las Vegas Demand Remains at All-Time Highs Into 2025
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.
RatingPrice TargetUpgrading to BUY with a price target of $50
MGM Resorts International owns and operates 15 properties in Nevada, Mississippi, and Michigan, and is an investor in other properties in Nevada, New Jersey, Illinois, and Macau. The company derives approximately half its revenues from casino operations, with the remainder from hotels, food and beverage sales, and entertainment venues.
RatingPrice Target