MGM Resorts International (MGM)

US — Consumer Cyclical Sector
Peers: BYD  LNW  LEVI  GIL  MTN  CHDN  ALV  AN  MHK  DDS 

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Key Metrics & Ratings

  • symbol MGM
  • Rev/Share 62.9705
  • Book/Share 13.6936
  • PB 3.0157
  • Debt/Equity 10.6234
  • CurrentRatio 1.2183
  • ROIC 0.033

 

  • MktCap 8930588088.0
  • FreeCF/Share 4.7386
  • PFCF 6.8952
  • PE 16.6222
  • Debt/Assets 0.7576
  • DivYield 0
  • ROE 0.1786

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 4
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade MGM Seaport Research Partners Buy Neutral -- -- July 22, 2025
Initiation MGM Goldman -- Sell -- $34 July 7, 2025
Downgrade MGM Citizens JMP Mkt Outperform Market Perform -- -- June 26, 2025
Initiation MGM JP Morgan -- Neutral -- $38 June 23, 2025
Upgrade MGM Argus Hold Buy -- $50 Feb. 14, 2025
Downgrade MGM BTIG Research Buy Neutral -- -- Feb. 3, 2025

News

MGM Resorts Gears Up to Report Q3 Earnings: Here's What to Expect
MGM
Published: October 27, 2025 by: Zacks Investment Research
Sentiment: Positive

MGM's Q3 results are likely to reflect solid growth in MGM China and digital operations, partly offset by higher costs and renovation impacts.

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image for news MGM Resorts Gears Up to Report Q3 Earnings: Here's What to Expect
MGM's Sudden Withdrawal From NYC Casino Race: Saturation Fears Gripping Gaming Developers
MGM
Published: October 23, 2025 by: Seeking Alpha
Sentiment: Neutral

MGM Resorts has withdrawn from the competition for one of three new casino licenses in the New York City metropolitan area. The high costs and intense competition for these licenses have proven prohibitive, even for major operators like MGM, WYNN, and LVS. MGM already maintains a presence in the NYC metro area through its Yonkers racino, reducing its urgency for a new license.

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image for news MGM's Sudden Withdrawal From NYC Casino Race: Saturation Fears Gripping Gaming Developers
Earnings Preview: MGM Resorts (MGM) Q3 Earnings Expected to Decline
MGM
Published: October 22, 2025 by: Zacks Investment Research
Sentiment: Negative

MGM (MGM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Earnings Preview: MGM Resorts (MGM) Q3 Earnings Expected to Decline
MGM Resorts to Sell MGM Northfield Park Operations for $546M
MGM
Published: October 17, 2025 by: Zacks Investment Research
Sentiment: Positive

MGM is divesting its MGM Northfield Park operations for $546 million, boosting liquidity and trimming annual rent costs by $54 million.

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image for news MGM Resorts to Sell MGM Northfield Park Operations for $546M
MGM Resorts' BetMGM Delivers Q3 Growth, Raises 2025 Guidance
MGM
Published: October 15, 2025 by: Zacks Investment Research
Sentiment: Positive

BetMGM's Q3 surge lifts MGM's outlook, with strong gains in iGaming and Online Sports driving a guidance raise for 2025.

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image for news MGM Resorts' BetMGM Delivers Q3 Growth, Raises 2025 Guidance
Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
MGM, WBD
Published: October 13, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

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image for news Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
Macao's rise as the gambling capital of the world
LVS, MGM, MLCO, WYNN
Published: October 09, 2025 by: CNBC Television
Sentiment: Positive

CNBC's Contessa Brewer joins 'Squawk on the Street' to discuss how high stakes bets are shaping Macao.

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image for news Macao's rise as the gambling capital of the world
Notice of BetMGM 3Q 2025 Update and Conference Call
MGM
Published: October 07, 2025 by: PRNewsWire
Sentiment: Neutral

JERSEY CITY, N.J. , Oct. 7, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), will release a business update for the period July 1 - September 30, 2025 ("3Q") on Tuesday, October 14, 2025.

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image for news Notice of BetMGM 3Q 2025 Update and Conference Call
Can MGM (MGM) Keep the Earnings Surprise Streak Alive?
MGM
Published: October 03, 2025 by: Zacks Investment Research
Sentiment: Positive

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.

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image for news Can MGM (MGM) Keep the Earnings Surprise Streak Alive?
Las Vegas Sands, MGM, Wynn Stocks Decline. Why Shares of Casino Operators Are Falling.
LVS, MGM, WYNN
Published: October 03, 2025 by: Barrons
Sentiment: Negative

Passenger data for the first two days of Golden Week came in “a bit weak,” Citi Research says.

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image for news Las Vegas Sands, MGM, Wynn Stocks Decline. Why Shares of Casino Operators Are Falling.
From Hold To Gold: Why MGM Resorts' Twin Engines Make This Dip A Buy (Upgrade)
MGM
Published: October 01, 2025 by: Seeking Alpha
Sentiment: Positive

MGM Resorts International delivered a strong Q2 2025, exceeding EPS and revenue expectations, with BetMGM and MGM China showing standout growth. BetMGM revenues surged 36% YoY, with EBITDA reaching $86m, and MGM China achieved record market share and robust EBITDAR growth. Despite a 4% drop in Las Vegas Strip revenues, regional operations and China performance offset this, supporting a rerating to Buy.

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image for news From Hold To Gold: Why MGM Resorts' Twin Engines Make This Dip A Buy (Upgrade)
Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
MGM, RL
Published: September 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

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image for news Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
MGM Resorts International Announces Third Quarter Earnings Release Date
MGM
Published: September 26, 2025 by: PRNewsWire
Sentiment: Neutral

LAS VEGAS , Sept. 26, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the third quarter 2025 after the market closes on Wednesday, October 29, 2025.

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image for news MGM Resorts International Announces Third Quarter Earnings Release Date
Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
CCL, MGM
Published: September 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

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image for news Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
What Next For MGM Stock?
MGM
Published: September 11, 2025 by: Forbes
Sentiment: Negative

MGM Resorts International (NYSE:MGM) stock hit day 7 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -9.4% return. MGM provides casino, hotel, and entertainment resorts across the United States and Macau, with a portfolio of 29 destination gaming offerings as of February 2021.

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image for news What Next For MGM Stock?
S&P 500 Losers: From Lululemon To MGM — What Went Wrong?
LULU, MGM, STZ, TDG
Published: September 08, 2025 by: Forbes
Sentiment: Negative

During the week ending September 5, the S&P 500 was essentially unchanged, slipping 0.12%. In contrast, several notable S&P 500 stocks fell sharply, driven by a mix of earnings outlook revisions, regulatory risk, downgrades, demand concerns, and leadership changes.

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image for news S&P 500 Losers: From Lululemon To MGM — What Went Wrong?
MGM RESORTS INTERNATIONAL CHIEF OPERATING OFFICER COREY SANDERS TO RETIRE AFTER MORE THAN 30 YEARS OF SERVICE
MGM
Published: September 05, 2025 by: PRNewsWire
Sentiment: Neutral

LAS VEGAS , Sept. 5, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) announced today that Corey Sanders, Chief Operating Officer, will retire from the company after more than 30 years of dedicated service and leadership.

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image for news MGM RESORTS INTERNATIONAL CHIEF OPERATING OFFICER COREY SANDERS TO RETIRE AFTER MORE THAN 30 YEARS OF SERVICE
Las Vegas travel is slumping. What does it mean for the rest of the U.S.?
MAR, MGM, WH
Published: September 04, 2025 by: CNBC
Sentiment: Negative

Las Vegas has seen visitation decline for seven consecutive months, with the most recent report from July showing a 12% decline year over year. MGM Resorts CEO Bill Hornbuckle said, "Las Vegas is not done or dead.

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image for news Las Vegas travel is slumping. What does it mean for the rest of the U.S.?
MGM Resorts International (MGM) BofA Securities 2025 Gaming And Lodging Conference (Transcript)
MGM
Published: September 04, 2025 by: Seeking Alpha
Sentiment: Neutral

MGM Resorts International (NYSE:MGM ) BofA Securities 2025 Gaming and Lodging Conference September 4, 2025 10:40 AM EDT Company Participants Howard Wang - Vice President of Investor Relations William Hornbuckle - President, CEO & Director Sarah Rogers - SVP, Corporate Finance Conference Call Participants James Kayler - BofA Securities, Research Division Presentation Unknown Analyst Let's keep right after it. Our next fireside chat here is with the management team from MGM Resorts, I think a group that needs very little introduction.

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image for news MGM Resorts International (MGM) BofA Securities 2025 Gaming And Lodging Conference (Transcript)
MGM Resorts CEO Bill Hornbuckle on the challenges in Vegas, U.S. travel
MGM
Published: September 04, 2025 by: CNBC Television
Sentiment: Neutral

CNBC's Contessa Brewer sits down with MGM Resorts CEO Bill Hornbuckle from the Bank of America Gaming and Lodging Conference and talks about the outlook for the Las Vegas market, slump in international travel to the U.S. and MGM's new marketing campaign.

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image for news MGM Resorts CEO Bill Hornbuckle on the challenges in Vegas, U.S. travel
BetMGM CEO Adam Greenblatt on bullish outlook for the sports betting business
MGM
Published: September 04, 2025 by: CNBC Television
Sentiment: Positive

CNBC's Contessa Brewer interviews BetMGM CEO Adam Greenblatt from the Bank of America Gaming and Lodging Conference about the outlook for the sports betting business as the 2025 NFL season is set to get underway.

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image for news BetMGM CEO Adam Greenblatt on bullish outlook for the sports betting business
Sportsbook CEOs expect record betting ahead of NFL kickoff
DKNG, MGM
Published: September 04, 2025 by: CNBC
Sentiment: Positive

DraftKings CEO Jason Robins said the company is seeing record numbers heading into the kickoff to the NFL — sports betting's biggest season. BetMGM CEO Adam Greenblatt told CNBC that last week was the sportsbook's best ever in terms of revenue, with pre-season volume up 30%.

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image for news Sportsbook CEOs expect record betting ahead of NFL kickoff
Hacksaw Gaming and BetMGM Bring Fresh Content to Pennsylvania
MGM
Published: September 01, 2025 by: Accesswire
Sentiment: Neutral

STOCKHOLM, SE / ACCESS Newswire / September 1, 2025 / Hacksaw (STO:HACK) - After obtaining our Interactive Gaming Manufacturer License in Pennsylvania late last year, players can now experience Hacksaw Gaming titles on BetMGM Casino in Pennsylvania. Fan-favorite games such as Gladiator Legends, Wanted Dead or a Wild, Le Bandit, and Chaos Crew 2 are among the first wave of Hacksaw hits that have gone live.

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image for news Hacksaw Gaming and BetMGM Bring Fresh Content to Pennsylvania
MGM RESORTS & BETMGM EXPAND RESPONSIBLE GAMING PRESENCE WITH INCREASED GAMESENSE MESSAGING IN NFL STADIUMS
MGM
Published: August 29, 2025 by: PRNewsWire
Sentiment: Neutral

Companies also announce $250,000 research contribution and certification of more than 1,900 GameSense Advisors LAS VEGAS , Aug. 29, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") and BetMGM announced today that they are once again partnering with the American Gaming Association (AGA) to promote Responsible Gaming Education Month (RGEM 2025) this September. For the third consecutive year, GameSense® messaging will appear at select NFL stadiums on LED ribbons—including one new venue this upcoming football season.

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image for news MGM RESORTS & BETMGM EXPAND RESPONSIBLE GAMING PRESENCE WITH INCREASED GAMESENSE MESSAGING IN NFL STADIUMS
Why Is MGM (MGM) Up 8.6% Since Last Earnings Report?
MGM
Published: August 29, 2025 by: Zacks Investment Research
Sentiment: Positive

MGM (MGM) reported earnings 30 days ago. What's next for the stock?

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image for news Why Is MGM (MGM) Up 8.6% Since Last Earnings Report?
BetMGM Unveils First Major Corporate Brand Repositioning with "Make it Legendary" Campaign
MGM
Published: August 26, 2025 by: PRNewsWire
Sentiment: Neutral

Sophisticated brand refresh launches with new spots starring award-winning actor Jon Hamm Click here to download and view campaign photos (credit: BetMGM) JERSEY CITY, N.J. , Aug. 26, 2025 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today unveiled the next evolution of its brand in collaboration with leading independent ad agency Highdive.

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image for news BetMGM Unveils First Major Corporate Brand Repositioning with "Make it Legendary" Campaign
MGM Resorts International Will Present at the BofA Securities 2025 Gaming and Lodging Conference
MGM
Published: August 26, 2025 by: PRNewsWire
Sentiment: Neutral

LAS VEGAS , Aug. 26, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will participate in the BofA Securities 2025 Gaming and Lodging Conference on Thursday, September 4, 2025. MGM Resorts management will speak at a session scheduled to begin at 10:40 a.m.

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image for news MGM Resorts International Will Present at the BofA Securities 2025 Gaming and Lodging Conference
MGM Resorts: A Citadel Of Stability
MGM
Published: August 25, 2025 by: Seeking Alpha
Sentiment: Positive

MGM's Vegas flagship maintains more than 90% occupancy, even during periods of softer gaming revenue. Strong operational resilience highlights MGM's ability to weather cyclical downturns in Las Vegas visitation and GGR. The company's premium positioning and iconic brand continue to attract steady demand from both leisure and convention segments.

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image for news MGM Resorts: A Citadel Of Stability
BetMGM Unveils Fastest, Most Intuitive and Rewarding App Ahead of Football Season
MGM
Published: August 20, 2025 by: PRNewsWire
Sentiment: Neutral

New features enable smoother experiences across betting journeys For high-resolution artwork, click here. JERSEY CITY, N.J.

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image for news BetMGM Unveils Fastest, Most Intuitive and Rewarding App Ahead of Football Season
MGM Resorts' Q2 Earnings Beat Estimates, Revenues Rise Y/Y
MGM
Published: July 31, 2025 by: Zacks Investment Research
Sentiment: Positive

MGM's second-quarter earnings and revenues top estimates, fueled by BetMGM, MGM China and Regional performance despite an EPS dip.

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image for news MGM Resorts' Q2 Earnings Beat Estimates, Revenues Rise Y/Y

About MGM Resorts International (MGM)

  • IPO Date 1988-05-02
  • Website https://www.mgmresorts.com
  • Industry Gambling, Resorts & Casinos
  • CEO William Joseph Hornbuckle IV
  • Employees 60000

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.