MGM Resorts International (MGM)

US — Consumer Cyclical Sector
Peers: BROS  BYD  CHDN  FIVE  VIPS  LNW  GIL  GAP  MTN  BWA 

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Key Metrics & Ratings

  • symbol MGM
  • Rev/Share 65.5766
  • Book/Share 9.0779
  • PB 3.993
  • Debt/Equity 10.5922
  • CurrentRatio 1.2336
  • ROIC -0.0043

 

  • MktCap 9922813643.0
  • FreeCF/Share 5.1206
  • PFCF 7.2458
  • PE 47.1318
  • Debt/Assets 0.6351
  • DivYield 0
  • ROE 0.0753

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 3
  • 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 Morgan Stanley Equal Weight Underweight -- $33 Jan. 16, 2026
Downgrade MGM Truist Buy Hold -- $38 Jan. 13, 2026
Downgrade MGM Barclays Overweight Equal Weight -- $38 Dec. 17, 2025
Downgrade MGM Citigroup Buy Neutral -- $35 Nov. 21, 2025
Initiation MGM Wells Fargo -- Underweight -- $29 Nov. 18, 2025
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

News

MGM Resorts Q4 Earnings & Revenues Top Estimates, Rise Y/Y
MGM
Published: February 06, 2026 by: Zacks Investment Research
Sentiment: Positive

MGM beats Q4 estimates as earnings and revenues rise year over year, driven by strong Macau results, digital growth and regional casinos.

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image for news MGM Resorts Q4 Earnings & Revenues Top Estimates, Rise Y/Y
MGM Resorts: The Chips Are Falling Into Place (Upgrade)
MGM
Published: February 05, 2026 by: Seeking Alpha
Sentiment: Positive

MGM Resorts International sees BetMGM transition to positive cash flow, with 2023 adjusted EBITDA at $220 million on $2.8 billion revenue. BetMGM's business mix—two-thirds iGaming—delivers more stable results than sports betting–heavy peers, supporting consistent hold rates and reduced volatility. Digital cash flow enables MGM to consider buybacks or debt reduction, improving leverage and providing a buffer if physical assets underperform.

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image for news MGM Resorts: The Chips Are Falling Into Place (Upgrade)
Entain tops FTSE leaderboard as BetMGM starts paying dividends
GMVHF, GMVHY, MGM
Published: February 04, 2026 by: Proactive Investors
Sentiment: Positive

Shares in Entain PLC rose 10%, bouncing off nine-month lows, after its US joint venture BetMGM reported a sharp swing to profitability and started to return cash to its parent companies. The sports betting and igaming outfit returned $270 million in cash to parent firms Entain and MGM Resorts International in the final quarter of the year.

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image for news Entain tops FTSE leaderboard as BetMGM starts paying dividends
MGM Resorts (MGM) Earnings Expected to Grow: Should You Buy?
MGM
Published: February 04, 2026 by: Zacks Investment Research
Sentiment: Neutral

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.

Read More
image for news MGM Resorts (MGM) Earnings Expected to Grow: Should You Buy?
BetMGM Underscores Commitment to Sports Integrity with Athlete Anti-Harassment Policy
MGM
Published: February 02, 2026 by: PRNewsWire
Sentiment: Neutral

New official language augments existing terms of service JERSEY CITY, N.J., Feb. 2, 2026 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, is updating its terms of service to explicitly prohibit athlete harassment.

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image for news BetMGM Underscores Commitment to Sports Integrity with Athlete Anti-Harassment Policy
Southern Nevada Toyota Dealers Named Founding Partner and First Official Automotive Partner of T-Mobile Arena
MGM
Published: January 29, 2026 by: Business Wire
Sentiment: Neutral

LAS VEGAS--(BUSINESS WIRE)--Southern Nevada Toyota Dealers Named Founding Partner and First Official Automotive Partner of T-Mobile Arena.

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image for news Southern Nevada Toyota Dealers Named Founding Partner and First Official Automotive Partner of T-Mobile Arena
Top 5 Gambling & Sports Betting Stocks After Legalization Wave
CZR, DKNG, FLUT, MGM, PENN
Published: January 27, 2026 by: 24/7 Wall Street
Sentiment: Neutral

When the Supreme Court struck down the federal sports betting ban in 2018, it unleashed a gold rush.

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image for news Top 5 Gambling & Sports Betting Stocks After Legalization Wave
MGM Resorts International Announces Fourth Quarter and Full Year 2025 Earnings Release Date
MGM
Published: January 09, 2026 by: PRNewsWire
Sentiment: Neutral

LAS VEGAS, Jan. 9, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2025 after the market closes on Wednesday, February 11, 2025. MGM Resorts will host a conference call that day at 5:00 p.m.

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image for news MGM Resorts International Announces Fourth Quarter and Full Year 2025 Earnings Release Date
MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINA
MGM
Published: December 23, 2025 by: PRNewsWire
Sentiment: Neutral

MGM China extends the right to use "MGM" name through the 2032 Concession term with an automatic extension if a further Concession is granted or awarded LAS VEGAS , Dec. 23, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has entered into a new Long Term Branding Agreement with MGM China Holdings Limited ("MGM China"), effective January 1, 2026 ("Branding Agreement"). The Branding Agreement provides for a term through the end of the current concession in 2032.

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image for news MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINA
MGM RESORTS REACHES RESPONSIBLE GAMING MILESTONE BY SURPASSING 2,000 GAMESENSE ADVISORS
MGM
Published: December 16, 2025 by: PRNewsWire
Sentiment: Neutral

Advisors now located across more than 20 properties nationwide, including company's non-gaming establishments LAS VEGAS , Dec. 16, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has reached a major milestone with its responsible gaming program, GameSense®. The company has now certified more than 2,000 employees as GameSense Advisors.

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image for news MGM RESORTS REACHES RESPONSIBLE GAMING MILESTONE BY SURPASSING 2,000 GAMESENSE ADVISORS
Connor McDavid Returns in BetMGM Responsible Gambling Campaign
MGM
Published: December 15, 2025 by: PRNewsWire
Sentiment: Neutral

Three-time Hart Memorial Trophy winner teams up with BetMGM to spotlight responsible gambling tools in new "Mullet Over" spot JERSEY CITY, N.J. , Dec. 15, 2025 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, has launched a new responsible gambling television commercial spot featuring three-time Hart Memorial Trophy winner and BetMGM brand ambassador Connor McDavid, alongside former NHL player and actor Terry Ryan.

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image for news Connor McDavid Returns in BetMGM Responsible Gambling Campaign
Zoox and T-Mobile Arena Join Forces for Futuristic Ride-Hailing
MGM
Published: December 11, 2025 by: Business Wire
Sentiment: Neutral

LAS VEGAS--(BUSINESS WIRE)--T-Mobile Arena and Zoox, the autonomous ride-hailing company, launched an agreement naming Zoox an Official Venue Partner of the Las Vegas arena.

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image for news Zoox and T-Mobile Arena Join Forces for Futuristic Ride-Hailing
ARIA Resort & Casino and JKS Restaurants Unveil Gymkhana, Bringing Indian Fine Dining to the Las Vegas Strip for the First Time
MGM
Published: December 04, 2025 by: PRNewsWire
Sentiment: Neutral

London's Two Michelin-starred culinary institution makes its U.S. debut LAS VEGAS , Dec. 4, 2025 /PRNewswire/ -- Gymkhana, the acclaimed Two Michelin-starred London restaurant, is now open at ARIA Resort & Casino in Las Vegas—marking its first location in the United States. Created by JKS Restaurants co-founders Jyotin, Karam and Sunaina Sethi, in partnership with MGM Resorts International, Gymkhana is the first Indian restaurant on the Las Vegas Strip, further strengthening ARIA's reputation as a premier dining destination.

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image for news ARIA Resort & Casino and JKS Restaurants Unveil Gymkhana, Bringing Indian Fine Dining to the Las Vegas Strip for the First Time
MGM's BetMGM Expands Into Missouri With New Sportsbook & Mobile App
MGM
Published: December 02, 2025 by: Zacks Investment Research
Sentiment: Positive

MGM Resorts pushes deeper into Missouri as BetMGM launches mobile and in-person sports betting through its new partnership with Century Casinos.

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image for news MGM's BetMGM Expands Into Missouri With New Sportsbook & Mobile App
Why These Casino Stocks May See a Bull Market, Even If the Rest of the Market Is Selling Off
CZR, DKNG, MGM
Published: December 01, 2025 by: 24/7 Wall Street
Sentiment: Positive

Whether you're a gambling aficionado or not, most investors are well aware of how profitable casinos are.

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image for news Why These Casino Stocks May See a Bull Market, Even If the Rest of the Market Is Selling Off
NoMad Las Vegas Set to Rebrand into The Reserve at Park MGM
MGM
Published: December 01, 2025 by: PRNewsWire
Sentiment: Neutral

LAS VEGAS , Dec. 1, 2025 /PRNewswire/ -- MGM Resorts International announced today that NoMad Las Vegas will begin to transition into The Reserve at Park MGM, with the full rebrand taking effect on December 17. Consisting of 293 rooms and suites, The Reserve at Park MGM will continue to deliver the elevated and sophisticated experience guests have come to know and love.

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image for news NoMad Las Vegas Set to Rebrand into The Reserve at Park MGM
MGM: Seeds Of Recovery Sprouting, Stock Remains A Buy
MGM
Published: November 28, 2025 by: Seeking Alpha
Sentiment: Neutral

Year to date, Vegas is down a scary 7.6% in tourist arrivals. This is due to overpriced rooms and inflation-bloated prices for everything. Occupied room nights are down 6.2% yoy, among other downward trends. MGM's 3Q25 results were impacted, showing a $285m sunk loss primarily due to its withdrawal from the bidding for a downstate casino project.

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image for news MGM: Seeds Of Recovery Sprouting, Stock Remains A Buy
Why Is MGM (MGM) Up 13.2% Since Last Earnings Report?
MGM
Published: November 28, 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 13.2% Since Last Earnings Report?
MGM Resorts: Losing In One Market, Winning In Others
MGM
Published: November 18, 2025 by: Seeking Alpha
Sentiment: Negative

MGM Resorts International reported mixed Q3 results across segments. The Las Vegas Strip segment has been weak due to MGM Grand's renovation, but MGM's recent results also underline other weaknesses on the strip. MGM has captured market share in China on top of already strong industry growth. The segment is performing incredibly well.

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image for news MGM Resorts: Losing In One Market, Winning In Others
MGM Grand Completes $300 Million Room and Suite Remodel, Welcoming New Era for Iconic Las Vegas Resort
MGM
Published: November 13, 2025 by: PRNewsWire
Sentiment: Neutral

All-New Rooms and Suites Now Bookable for Guests LAS VEGAS , Nov. 13, 2025 /PRNewswire/ -- Marking a bold new chapter in Las Vegas hospitality, MGM Grand Hotel & Casino unveils an entirely new collection of 3,969 rooms and suites in its main tower, blending sleek contemporary design with exceptional comfort. The $300 million transformation features sophisticated interiors inspired by the glamour and energy of the disco era, embracing the hotel's vibrant legacy as an icon of entertainment.

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image for news MGM Grand Completes $300 Million Room and Suite Remodel, Welcoming New Era for Iconic Las Vegas Resort
MGM Resorts Teams with USO and American Airlines for 15th Annual Salute to the Troops at Mandalay Bay
MGM
Published: November 12, 2025 by: PRNewsWire
Sentiment: Neutral

LAS VEGAS , Nov. 12, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will host the United Service Organizations (USO) Experience: Salute to the Troops, honoring more than 100 active-duty service members who have been injured in the line of duty beginning Friday, November 14. Now in its 15th year, the five-day celebration will take place at Mandalay Bay Resort & Casino.

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image for news MGM Resorts Teams with USO and American Airlines for 15th Annual Salute to the Troops at Mandalay Bay
Bellagio and Major Food Group Unveil CARBONE RIVIERA, Ushering in a New Era of Fine Dining on the Las Vegas Strip
MGM
Published: November 07, 2025 by: PRNewsWire
Sentiment: Neutral

First-ever fish concept from CARBONE is an instant classic in a legendary location LAS VEGAS , Nov. 7, 2025 /PRNewswire/ -- Set against the unrivaled backdrop of the Fountains of Bellagio, CARBONE RIVIERA is now open, ushering in a new chapter of the CARBONE brand. Created by Major Food Group (MFG) co-founders Mario Carbone, Jeff Zalaznick and Rich Torrisi, in partnership with MGM Resorts International, the restaurant is poised to rank among the world's best fish restaurants located in one of the city's most storied dining rooms.

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image for news Bellagio and Major Food Group Unveil CARBONE RIVIERA, Ushering in a New Era of Fine Dining on the Las Vegas Strip
MGM Resorts Q3 Earnings Miss Estimates, Revenues Rise Y/Y, Stock Down
MGM
Published: October 30, 2025 by: Zacks Investment Research
Sentiment: Negative

MGM posts mixed Q3 results as earnings miss estimates but revenues edge higher, fueled by MGM China and digital growth.

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image for news MGM Resorts Q3 Earnings Miss Estimates, Revenues Rise Y/Y, Stock Down
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.

Read More
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

About MGM Resorts International (MGM)

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