- Home
- MGM
as 12-18-2024 10:39am EST
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 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 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). 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.
| Founded: | 1986 | Country: | United States |
| Employees: | N/A | City: | LAS VEGAS |
| Market Cap: | 11.2B | IPO Year: | N/A |
| Target Price: | $53.08 | AVG Volume (30 days): | 3.4M |
| Analyst Decision: | Strong Buy | Number of Analysts: | 13 |
| Dividend Yield: | N/A | Dividend Payout Frequency: | N/A |
| EPS: | 2.82 | EPS Growth: | -4.89 |
| 52 Week Low/High: | $33.44 - $48.25 | Next Earning Date: | 02-11-2025 |
| Revenue: | $17,221,656,000 | Revenue Growth: | 12.31% |
| Revenue Growth (this year): | 7.75% | Revenue Growth (next year): | 0.26% |
Stock Insider Trading Activity of MGM Resorts International (MGM)
| Name | Ticker | Relationship | Date | Transaction | AVG Cost Per Share | Shares | Total Value | Securities Owned After Transaction(s) | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|---|
| Meister Keith A. | MGM | Director | Dec 13 '24 | Sell | $36.57 | 51,000 | $1,865,070.00 | 5,687,478 |
Latest MGM Resorts International News
MGM Breaking Stock News: Dive into MGM Ticker-Specific Updates for Smart Investing
PR Newswire
2 hours ago
W LAS VEGAS DEBUTS AT MANDALAY BAY
MT Newswires
a day ago
Deutsche Bank Adjusts MGM Resorts International Price Target to $49 From $48
Yahoo Finance Video
2 days ago
What this sports betting mistake could cost you
Motley Fool
2 days ago
Where Will MGM Resorts Stock Be in 5 Years?
MT Newswires
5 days ago
Barclays Adjusts Price Target on MGM Resorts International to $46 From $50, Maintains Overweight Rating
Simply Wall St.
6 days ago
Boasting A 31% Return On Equity, Is MGM Resorts International (NYSE:MGM) A Top Quality Stock?
Yahoo Finance Video
8 days ago
In-play sports betting to hit $14B by decade's end: Analyst
PR Newswire
13 days ago
MGM RESORTS PROMOTES ARI KASTRATI TO CHIEF CONTENT, HOSPITALITY AND DEVELOPMENT OFFICER
Compare MGM vs Leading Stocks
Share on Social Networks:
Disclaimer
The information presented on this page, "MGM MGM Resorts International - Stocks Price | History | Analysis", including historical data, forecasts, news, insider information, and predictions, is provided for educational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any securities. Decisions regarding investments should be made only after careful consideration and consultation with a qualified financial advisor. We do not endorse or guarantee the accuracy or reliability of the information provided, and we disclaim any liability for financial losses incurred as a result of decisions made based on the information presented.