Inside the research
MGM Resorts International
MGM Research profile · latest available data
Price overview
$32.58
▼ -1.11 (-3.3%)
| 52w hi | $50.69 |
|---|---|
| 52w lo | $30.72 |
| Vol | 11.25M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.64
| Short | -0.91 |
|---|---|
| Medium | -0.59 |
| Long | -0.20 |
computed 2026-09-27
Key fundamentals
MGM Resorts International
Consumer Cyclical · Resorts & Casinos
| Market cap | $8.34B |
|---|---|
| Enterprise value | $36.46B |
| Trailing P/E | 19.75x |
| Forward P/E | 15.77x |
| EV / EBITDA | 16.29x |
| P / S (ttm) | 0.46x |
| Profit margin | 2.4% |
| Return on equity | 18.9% |
| Revenue growth | +1.0% |
| Earnings growth | +519.4% |
| Debt / equity | 893.31 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.23 | |
| Sector | -0.03 | |
| Technical | -0.29 | |
| Earnings | +0.00 | |
| Sentiment | -0.68 |
macro × 1.00 · 2026-09-27
Business overview
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. Its casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. The company's 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.
Risk Metrics
| Beta vs SPX | 1.25 |
|---|---|
| Corr SPX | 0.49 |
| Annual vol | 41.1% |
| Annual ret | +1.5% |
| Sharpe | 0.04 |
| Max DD | -38.6% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $44.00 |
|---|---|
| High / Low | $59.00 / $33.00 |
| Median | $44.00 |
| Analysts | 19 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 9 | |
| Hold | 10 | |
| Sell | 3 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-01 | Jefferies | → Hold |
| 2026-05-01 | Citigroup | → Neutral |
| 2026-04-30 | Wells Fargo | → Underweight |
| 2026-04-30 | Truist Securities | → Hold |
| 2026-04-30 | Macquarie | → Outperform |
| 2026-04-30 | JP Morgan | → Neutral |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-29 | Earnings Release, Exhibits | read |
| 2026-05-14 | Material Agreement, Material Obligation… | read |
| 2026-05-08 | Shareholder Vote | read |
| 2026-04-29 | Earnings Release, Exhibits | read |
| 2026-04-07 | Material Agreement, Exhibits | read |
| 2026-02-05 | Earnings Release, Exhibits | read |
| 2026-02-04 | Earnings Release, Exhibits | read |
| 2026-01-16 | Officer / Director Change, Exhibits | read |
| 2025-10-29 | Material Agreement, Earnings Release… | read |
| 2025-09-19 | Officer / Director Change, Exhibits | read |
| 2025-09-05 | Officer / Director Change, Exhibits | read |
| 2025-07-30 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-01 | Fritz Gary M | President, Interactive | Option exercise | 2.26K | — |
| 2026-07-01 | Fritz Gary M | President, Interactive | Withheld for tax | 903 | $42.91K |
| 2026-05-22 | TAYLOR DANIEL J | Sell | 6.67K | $256.59K | |
| 2026-05-06 | Swartz Janet | Option exercise | 6.67K | — | |
| 2026-05-06 | Winston Ben | Option exercise | 3.34K | — | |
| 2026-05-06 | TAYLOR DANIEL J | Option exercise | 6.67K | — |
Flow & Concentration
| Insider 180d net | -$256.59K |
|---|---|
| Insider buys / sells | 0 / 1 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 98.3% |
| HHI | 3,156 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $336.95M | 7.05M |
| Capital Research / Capital World | $99.63M | 2.08M |
| AQR Capital Management | $97.81M | 2.05M |
| Citadel Advisors | $82.88M | 1.73M |
| Fidelity / FMR LLC | $40.92M | 855.93K |
| Millennium Management | $8.76M | 183.15K |
| Bridgewater Associates | $2.91M | 60.79K |
| T. Rowe Price Group | $13.44K | 281.14K |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.00% |
|---|---|
| $ / share (TTM) | $0.00 |
| 5y CAGR | -51.3% |
Annual dividend per share
| 2017 | $0.44 |
|---|---|
| 2018 | $0.48 |
| 2019 | $0.52 |
| 2020 | $0.16 |
| 2021 | $0.01 |
| 2022 | $0.01 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $17.54B | +7.4% | |
| Operating income | $1.89B | +26.5% | |
| Net income | $746.56M | -13.3% | |
| Cash from ops | $2.36B | +17.7% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $33.99 | $34.50 | $32.28 | $32.58 | 11.25M |
| Sep 24 | $33.87 | $34.54 | $33.43 | $33.69 | 19.88M |
| Sep 23 | $38.54 | $38.98 | $37.64 | $37.85 | 3.22M |
| Sep 22 | $38.97 | $39.43 | $38.43 | $38.90 | 3.54M |
| Sep 21 | $38.25 | $38.78 | $37.52 | $38.73 | 2.46M |
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