MGM 📈 MGM Resorts International - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5529531015
MGM: Casinos, Hotels, Entertainment, Resorts, Gaming, Sports Betting
MGM Resorts International is a multinational hospitality and entertainment company that operates a diverse portfolio of casino, hotel, and entertainment resorts globally. Through its subsidiaries, the company has established a significant presence in the United States and international markets, catering to a broad range of customers, including premium gamers, leisure travelers, business travelers, and group customers. Its resorts offer an integrated experience, featuring gaming, hotel accommodations, convention facilities, dining options, entertainment venues, retail spaces, and other resort amenities.
The company's operations are segmented into three main divisions: Las Vegas Strip Resorts, Regional Operations, and MGM China. The Las Vegas Strip Resorts segment includes some of the most iconic properties on the Las Vegas Strip, such as Bellagio, MGM Grand, and Mandalay Bay. The Regional Operations segment comprises a portfolio of properties in the United States, including casinos and resorts in Mississippi, Michigan, and Massachusetts. The MGM China segment focuses on the company's operations in Macau, a major gaming hub in Asia. Across these segments, MGM Resorts International offers a wide range of gaming options, including slots, table games, and online sports betting and iGaming through its BetMGM platform.
MGM Resorts International has a long history, dating back to its incorporation in 1986. Initially known as MGM MIRAGE, the company changed its name to MGM Resorts International in June 2010, reflecting its expanded global presence and diversified operations. Today, the company is headquartered in Las Vegas, Nevada, and is listed on the New York Stock Exchange (NYSE) under the ticker symbol MGM. With a strong focus on customer experience, innovation, and sustainability, MGM Resorts International continues to evolve and grow, both in terms of its operations and its commitment to the communities in which it operates. The company's common stock is traded under the ISIN US5529531015 and is classified under the GICS Sub Industry: Casinos & Gaming.
Additional Sources for MGM Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
MGM Stock Overview
| Market Cap in USD | 10,793m |
| Sector | Consumer Cyclical |
| Industry | Resorts & Casinos |
| GiC Sub-Industry | Casinos & Gaming |
| IPO / Inception | 1990-01-12 |
MGM Stock Ratings
| Growth 5y | 5.89% |
| Fundamental | 30.4% |
| Dividend | 5.39% |
| Rel. Strength Industry | -171 |
| Analysts | 4.43/5 |
| Fair Price Momentum | 28.63 USD |
| Fair Price DCF | 113.61 USD |
MGM Dividends
| Dividend Yield 12m | 0.00% |
| Yield on Cost 5y | % |
| Annual Growth 5y | -100.00% |
| Payout Consistency | 18.0% |
MGM Growth Ratios
| Growth Correlation 3m | -78.1% |
| Growth Correlation 12m | -77.3% |
| Growth Correlation 5y | 51.2% |
| CAGR 5y | 1.09% |
| CAGR/Mean DD 5y | 0.05 |
| Sharpe Ratio 12m | -0.73 |
| Alpha | -71.86 |
| Beta | 1.93 |
| Volatility | 39.50% |
| Current Volume | 2468.5k |
| Average Volume 20d | 3905.5k |
As of December 27, 2024, the stock is trading at USD 34.89 with a total of 2,468,509 shares traded.
Over the past week, the price has changed by +4.34%, over one month by -7.08%, over three months by -8.93% and over the past year by -21.88%.
Neither. Based on ValueRay Fundamental Analyses, MGM Resorts International is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 30.37 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MGM as of December 2024 is 28.63. This means that MGM is currently overvalued and has a potential downside of -17.94%.
MGM Resorts International has received a consensus analysts rating of 4.43. Therefor, it is recommend to buy MGM.
- Strong Buy: 14
- Buy: 5
- Hold: 4
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, MGM MGM Resorts International will be worth about 31.7 in December 2025. The stock is currently trading at 34.89. This means that the stock has a potential downside of -9.14%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 50 | 43.3% |
| Analysts Target Price | 56.8 | 62.7% |
| ValueRay Target Price | 31.7 | -9.1% |