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MGM Resorts International NYSE:MGM Stock Report

Last Price

US$37.51

Market Cap

US$11.1b

7D

-1.2%

1Y

-7.0%

Updated

20 Nov, 2024

Data

Company Financials +

MGM Resorts International

NYSE:MGM Stock Report

Market Cap: US$11.1b

MGM Stock Overview

Through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. More details

MGM fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance2/6
Financial Health3/6
Dividends0/6

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

MGM Resorts International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MGM Resorts International
Historical stock prices
Current Share PriceUS$37.51
52 Week HighUS$48.25
52 Week LowUS$33.44
Beta2.24
11 Month Change-7.34%
3 Month Change-3.18%
1 Year Change-7.04%
33 Year Change-12.42%
5 Year Change16.56%
Change since IPO860.26%

Recent News & Updates

Why MGM Is A Buy: The Complete Guide

Nov 11

Here's Why We Think MGM Resorts International (NYSE:MGM) Is Well Worth Watching

Oct 13
Here's Why We Think MGM Resorts International (NYSE:MGM) Is Well Worth Watching

Is MGM Resorts International (NYSE:MGM) A Risky Investment?

Sep 29
Is MGM Resorts International (NYSE:MGM) A Risky Investment?

Recent updates

Why MGM Is A Buy: The Complete Guide

Nov 11

Here's Why We Think MGM Resorts International (NYSE:MGM) Is Well Worth Watching

Oct 13
Here's Why We Think MGM Resorts International (NYSE:MGM) Is Well Worth Watching

Is MGM Resorts International (NYSE:MGM) A Risky Investment?

Sep 29
Is MGM Resorts International (NYSE:MGM) A Risky Investment?

Rolling The Dice With MGM Resorts: Growth On The Strip, But Risks Linger

Sep 25

Not Many Are Piling Into MGM Resorts International (NYSE:MGM) Just Yet

Aug 16
Not Many Are Piling Into MGM Resorts International (NYSE:MGM) Just Yet

MGM: Buy On The Dip Despite Lingering Negative Sentiment

Aug 09

Analyst Estimates: Here's What Brokers Think Of MGM Resorts International (NYSE:MGM) After Its Second-Quarter Report

Aug 02
Analyst Estimates: Here's What Brokers Think Of MGM Resorts International (NYSE:MGM) After Its Second-Quarter Report

MGM: Could Be First Breakout Among Gaming Stocks From Current Undervalued Sector

Jul 02

MGM Resorts International (NYSE:MGM) Shares Could Be 33% Below Their Intrinsic Value Estimate

Jun 21
MGM Resorts International (NYSE:MGM) Shares Could Be 33% Below Their Intrinsic Value Estimate

Does MGM Resorts International (NYSE:MGM) Have A Healthy Balance Sheet?

May 22
Does MGM Resorts International (NYSE:MGM) Have A Healthy Balance Sheet?

MGM Resorts International: A Promising Investment Opportunity

May 07

MGM Resorts International's (NYSE:MGM) Prospects Need A Boost To Lift Shares

Mar 22
MGM Resorts International's (NYSE:MGM) Prospects Need A Boost To Lift Shares

MGM Resorts International's (NYSE:MGM) Intrinsic Value Is Potentially 44% Above Its Share Price

Feb 15
MGM Resorts International's (NYSE:MGM) Intrinsic Value Is Potentially 44% Above Its Share Price

MGM Resorts: Super Bowl And Chinese New Year Together Pose Unprecedented Upside Catalyst For Q1

Jan 11

We Think MGM Resorts International (NYSE:MGM) Is Taking Some Risk With Its Debt

Jan 01
We Think MGM Resorts International (NYSE:MGM) Is Taking Some Risk With Its Debt

MGM Resorts: Shares Look Attractive Amid Recovery In Macau

Dec 07

MGM Resorts: Despite Cyberattack, Best Recession-Resistant Play In The Sector

Nov 03

MGM Resorts: A High-Risk High-Reward Opportunity

Oct 13

MGM Resorts: Impact Of Ransomware Attack

Sep 25

MGM Resorts: Pent-Up Demand Likely To Translate Into Higher Profits

Sep 01

MGM Resorts: Trading At Attractive Multiples, Potential For +40% Price Appreciation

Aug 18

MGM Resorts: BetMGM First Half Result Adds To Rationale To Buy It Now

Jul 28

MGM Resorts International: Value, Growth, Deleveraging, And Buybacks

Jul 13

Is MGM Resorts International (NYSE:MGM) Using Too Much Debt?

Jul 06
Is MGM Resorts International (NYSE:MGM) Using Too Much Debt?

MGM: A Dip Signals A Buy As Value Scenario Grows With Sector Recovery

Jun 08

Is MGM Resorts International (NYSE:MGM) Weighed On By Its Debt Load?

Apr 03
Is MGM Resorts International (NYSE:MGM) Weighed On By Its Debt Load?

MGM Resorts: Smart Corporate Strategy Is The Engine For Much Higher Valuation

Feb 08

Do MGM Resorts International's (NYSE:MGM) Earnings Warrant Your Attention?

Jan 16
Do MGM Resorts International's (NYSE:MGM) Earnings Warrant Your Attention?

MGM Resorts added as a new long idea at Hedgeye

Jan 12

Is MGM Resorts International (NYSE:MGM) Using Debt Sensibly?

Dec 29
Is MGM Resorts International (NYSE:MGM) Using Debt Sensibly?

MGM Resorts: Raise Your Bet For 2023

Dec 25

MGM Sees Vegas Recovery, Regional Resilience And BetMGM Growth

Nov 03

MGM Resorts Is The Best Bet Among Casino Stocks Right Now

Oct 18

MGM Resorts and ExteNet Systems enter national connectivity partnership

Sep 28

MGM Resorts goes ex-dividend tomorrow

Sep 07

Shareholder Returns

MGMUS HospitalityUS Market
7D-1.2%-0.1%-1.0%
1Y-7.0%31.8%30.3%

Return vs Industry: MGM underperformed the US Hospitality industry which returned 31.8% over the past year.

Return vs Market: MGM underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is MGM's price volatile compared to industry and market?
MGM volatility
MGM Average Weekly Movement4.9%
Hospitality Industry Average Movement5.8%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: MGM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MGM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198667,000Bill Hornbucklewww.mgmresorts.com

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. 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.

MGM Resorts International Fundamentals Summary

How do MGM Resorts International's earnings and revenue compare to its market cap?
MGM fundamental statistics
Market capUS$11.10b
Earnings (TTM)US$903.35m
Revenue (TTM)US$17.22b

12.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGM income statement (TTM)
RevenueUS$17.22b
Cost of RevenueUS$9.33b
Gross ProfitUS$7.90b
Other ExpensesUS$6.99b
EarningsUS$903.35m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.03
Gross Margin45.84%
Net Profit Margin5.25%
Debt/Equity Ratio179.2%

How did MGM perform over the long term?

See historical performance and comparison