The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

MGM

Concerning the House

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.

United States · www.mgmresorts.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$17.54B+7.4%
Operating income$1.89B+26.5%
Net income$746.56M-13.3%
Cash from ops$2.36B+17.7%
Quotation

$44.07

+0.09 (+0.2%)

52w hi$50.69
52w lo$30.72
Vol1.20M
As ofAug 13
The Verdict

Hold

Our score +0.15

Short+0.38
Medium+0.05
Long-0.12

computed 2026-08-13

By the Numbers

MGM Resorts International

Consumer Cyclical · Resorts & Casinos

Market cap$11.09B
Enterprise value$39.33B
Trailing P/E26.71x
Forward P/E21.24x
EV / EBITDA17.58x
P / S (ttm)0.63x
Profit margin2.4%
Return on equity18.9%
Revenue growth+1.0%
Earnings growth+519.4%
Debt / equity893.31
Risk Metrics
Beta vs SPX1.27
Corr SPX0.51
Annual vol40.5%
Annual ret+16.1%
Sharpe0.40
Max DD-38.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.19
Sector+0.01
Technical+0.26
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$44.03$44.42$43.86$44.071.20M
Aug 12$43.95$44.19$43.68$43.981.54M
Aug 11$43.35$44.26$43.29$44.131.84M
Aug 10$44.09$44.39$43.31$43.362.46M
Aug 7$44.54$44.88$44.16$44.472.84M