MGM

MGM Resorts International

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34.065

-0.115(-0.336%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

34.610

Open

34.170

VWAP

34.21

Vol

653.62K

Mkt Cap

9.30B

Low

34.010

Amount

22.36M

EV/EBITDA(TTM)

6.09

Total Shares

313.68M

14.60B

EV/OCF(TTM)

5.77

P/S(TTM)

0.58

MGM Resorts International is a global gaming and entertainment company with national and international locations featuring hotels and casinos, meetings and conference spaces, live and theatrical entertainment experiences, and a range of restaurant, nightlife and retail offerings. The Company’s segments include Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The Las Vegas Strip Resorts segment consists of Aria, Bellagio, The Cosmopolitan of Las Vegas, MGM Grand Las Vegas, Mandalay Bay, Luxor, New York-New York, Excalibur, and Park MGM. The Regional Operations segment consists of MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica; Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George’s County, Maryland; MGM Springfield in Springfield, Massachusetts; Empire City in Yonkers, New York, and others. MGM Digital is its online gaming portfolio which is primarily comprised of LeoVegas.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

4.33B

+1.3%

0.721

+4.44%

4.41B

+1.4%

0.632

+40.53%

4.24B

+1.39%

0.401

-25.81%

Estimates Revision

The market is revising Upward the revenue expectations for MGM Resorts International (MGM) for FY2025, with the revenue forecasts being adjusted by 0.89% over the past three months. During the same period, the stock price has changed by -1.72%.

Revenue Estimates for FY2025

Revise Upward

+0.89%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+25.07%

In Past 3 Month

Stock Price

Go Down

-1.72%

In Past 3 Month

17 Analyst Rating

39.09% Upside

Wall Street analysts forecast MGM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGM is 47.38 USD with a low forecast of 34.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

8 Buy

8 Hold

1 Sell

Moderate Buy

39.09% Upside

Current: 34.065

Low

34.00

Averages

47.38

High

60.00

39.09% Upside

Current: 34.065

Low

34.00

Averages

47.38

High

60.00

Susquehanna

Positive

maintain

$50 -> $60

2025-07-29

Reason

Susquehanna

Price Target

$50 -> $60

2025-07-29

maintain

Positive

Reason

Susquehanna raised the firm's price target on MGM Resorts to $60 from $50 and keeps a Positive rating on the shares. The firm said shraes are higher due to improving tariff sentiment but also from company-specific value sources such as Macau and newer market value attribution from BetMGM. These favorable tailwinds have offset softer Las Vegas trends from lower visitation as various management comments suggest explicit weakness in destination markets like Las Vegas.

Seaport Research

analyst

Buy -> Neutral

downgrade

2025-07-21

Reason

Seaport Research

analyst

Price Target

2025-07-21

downgrade

Buy -> Neutral

Reason

Seaport Research downgraded MGM Resorts to Neutral from Buy. Q2 results for Macau should not have many surprises on what had turned into a bettter than expected quarter, the analyst tells investors in a research note. The firm added that investors are likely to be focused on the second half and to try to get comfort with the potential higher growth that Macau ahs experienced recently. Concerns around China macro andd the U.S. gaming slowdown remain headwinds, the analyst adds.

Barclays

Overweight

maintain

$43 -> $44

2025-07-18

Reason

Barclays

Price Target

$43 -> $44

2025-07-18

maintain

Overweight

Reason

Barclays raised the firm's price target on MGM Resorts to $44 from $43 and keeps an Overweight rating on the shares as part of a Q2 preview for the gaming space. The firm sees the regionals, digital and Macau names beating estimates, partially offset by misses in Las Vegas. The group has rallied but is not overbought, the analyst tells investors in a research note.

Truist

Buy

maintain

$45 -> $50

2025-07-16

Reason

Truist

Price Target

$45 -> $50

2025-07-16

maintain

Buy

Reason

Truist raised the firm's price target on MGM Resorts to $50 from $45 and keeps a Buy rating on the shares. Gaming has mostly recovered from tariff noise in Q1, with companies not yet pointing to any signs of consumer softness, the analyst tells investors in a research note. Regionals, Locals and Digital look positive, though Vegas appears to be in a choppy summer, the firm adds.

Stifel

Buy

maintain

$44 -> $48

2025-07-11

Reason

Stifel

Price Target

$44 -> $48

2025-07-11

maintain

Buy

Reason

Stifel raised the firm's price target on MGM Resorts to $48 from $44 and keeps a Buy rating on the shares. The Las Vegas Strip will most likely encounter softer operating conditions this summer as booking windows remain short, especially for the lower/mid-tier properties that give MGM and peers little visibility, the analyst tells investors in a research note. At the same time, Stifel says this has been well documented and is fully understood.

Morgan Stanley

Stephen Grambling

Equal Weight

maintain

$37 -> $38

2025-07-11

Reason

Morgan Stanley

Stephen Grambling

Price Target

$37 -> $38

2025-07-11

maintain

Equal Weight

Reason

Morgan Stanley analyst Stephen Grambling raised the firm's price target on MGM Resorts (MGM) to $38 from $37 and keeps an Equal Weight rating on the shares after Boyd (BYD) entered a definitive agreement to sell its 5% stake in FanDuel for $1.75B gross of taxes. The firm believes the "mark" on the FanDuel assets will provide a temporary boost for U.S. gaming assets as the market may anticipate further transactions and/or ascribe similar multiples to peer assets, the analyst tells investors in a research note.

See All Ratings

Valuation Metrics

The current forward P/E ratio for MGM Resorts International (MGM.N) is 13.81, compared to its 5-year average forward P/E of 23.77. For a more detailed relative valuation and DCF analysis to assess MGM Resorts International 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

23.77

Current PE

13.81

Overvalued PE

92.35

Undervalued PE

-44.82

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

13.19

Current EV/EBITDA

8.11

Overvalued EV/EBITDA

21.45

Undervalued EV/EBITDA

4.94

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

1.14

Current PS

0.54

Overvalued PS

1.62

Undervalued PS

0.67