MGM Resorts International

35.16-0.5600-1.57%Vol 5.85M1Y Perf 8.64%
Oct 4th, 2023 16:00 DELAYED
BID34.50 ASK35.50
Open35.98 Previous Close35.72
Pre-Market- After-Market35.10
 - -  -0.06 -0.17%
Target Price
48.50 
Analyst Rating
Strong Buy 1.50
Potential %
37.94 
Finscreener Ranking
     41.04
Insiders Trans % 3/6/12 mo.
100/-50/-75 
Value Ranking
     40.43
Insiders Value % 3/6/12 mo.
100/-99/-99 
Growth Ranking
★+     43.51
Insiders Shares Cnt. % 3/6/12 mo.
100/-98/-98 
Income Ranking
     17.73
Price Range Ratio 52W %
26.91 
Earnings Rating
Strong Buy
Market Cap12.34B 
Earnings Date
1st Nov 2023
Alpha0.00 Standard Deviation0.15
Beta2.13 

Today's Price Range

34.7136.21

52W Range

29.2051.35

5 Year PE Ratio Range

-13.7042.30

Summary:

Sell

Technical Indicators: Neutral
Moving Averages: Strong Sell
Performance
1 Week
-4.04%
1 Month
-18.65%
3 Months
-17.25%
6 Months
-18.57%
1 Year
8.64%
3 Years
63.17%
5 Years
33.99%
10 Years
70.76%

TickerPriceChg.Chg.%
MGM35.16-0.5600-1.57
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MSFT318.965.56501.78
XOM111.50-4.3300-3.74
WFC38.970.30000.78
JNJ155.520.18000.12
FB196.640.99000.51
GE108.851.09001.01
JPM143.350.64000.45
Financial StrengthValueIndustryS&P 500US Markets
1.10
1.50
0.87
6.96
2.60
Leverage Ratio 8.60
ProfitabilityValueIndustryS&P 500US Markets
49.30
13.90
32.60
0.70
5.52
RevenueValueIndustryS&P 500US Markets
9.54B
24.83
-9.93
-5.28
DividendsValueIndustryS&P 500US Markets
0.03
0.01
-72.30
-41.66
Payout ratio10.00
Earnings HistoryEstimateReportedSurprise %
Q02 20230.530.5911.32
Q01 20230.040.441.00K
Q04 2022-1.600.69143.12
Q03 20220.22-1.39-731.82
Q02 20220.240.03-87.50
Q01 2022-0.090.01111.11
Q04 20210.020.12500.00
Q03 2021-0.040.03175.00
Earnings Per EndEstimateRevision %Trend
9/2023 QR0.6423.08Positive
12/2023 QR0.7823.81Positive
12/2023 FY2.3622.92Positive
12/2024 FY2.7419.13Positive
Next Report Date1st Nov 2023
Estimated EPS Next Report0.64
Estimates Count8
EPS Growth Next 5 Years %-
Volume Overview
Volume5.85M
Shares Outstanding350.89K
Shares Float283.53M
Trades Count58.40K
Dollar Volume206.32M
Avg. Volume4.70M
Avg. Weekly Volume4.28M
Avg. Monthly Volume5.07M
Avg. Quarterly Volume4.76M

MGM Resorts International (NYSE: MGM) stock closed at 35.16 per share at the end of the most recent trading day (a -1.57% change compared to the prior day closing price) with a volume of 5.85M shares and market capitalization of 12.34B. Is a component of S&P 500, Russell 1000 indices and it is traded on NYSE exchange. The company belongs in the Travel & Leisure industry, Consumer Cyclical sector and employs 42000 people. MGM Resorts International CEO is William Joseph Hornbuckle.

The one-year performance of MGM Resorts International stock is 8.64%, while year-to-date (YTD) performance is 4.86%. MGM stock has a five-year performance of 33.99%. Its 52-week range is between 29.2 and 51.35, which gives MGM stock a 52-week price range ratio of 26.91%

MGM Resorts International currently has a PE ratio of 12.70, a price-to-book (PB) ratio of 2.95, a price-to-sale (PS) ratio of 1.52, a price to cashflow ratio of 8.90, a PEG ratio of 0.72, a ROA of 3.11%, a ROC of 4.81% and a ROE of 24.13%. The company’s profit margin is 5.52%, its EBITDA margin is 32.60%, and its revenue ttm is $9.54 Billion , which makes it $24.83 revenue per share.

Of the last four earnings reports from MGM Resorts International, there were 3 positive earnings surprise and 1 negative earnings surprise. The company has EPS estimate of $0.64 for the next earnings report. MGM Resorts International’s next earnings report date is 01st Nov 2023.

The consensus rating of Wall Street analysts for MGM Resorts International is Strong Buy (1.5), with a target price of $48.5, which is +37.94% compared to the current price. The earnings rating for MGM Resorts International stock is Strong Buy (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

MGM Resorts International has a dividend yield of 0.03% with a dividend per share of $0.01 and a payout ratio of 10.00%.

MGM Resorts International has a Sell technical analysis rating based on Technical Indicators (ADX : 14.83, ATR14 : 1.01, CCI20 : -92.68, Chaikin Money Flow : -0.35, MACD : -2.01, Money Flow Index : 10.92, ROC : -13.05, RSI : 20.24, STOCH (14,3) : 4.26, STOCH RSI : 0.00, UO : 38.64, Williams %R : -95.74), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of MGM Resorts International in the last 12-months were: Alexis Herman (Option Excercise at a value of $0), Alexis Herman (Sold 2 350 shares of value $100 181 ), Corey Ian Sanders (Option Excercise at a value of $0), Corey Ian Sanders (Sold 160 000 shares of value $6 483 085 ), Corsee Sanders (Option Excercise at a value of $0), Corsee Sanders (Sold 160 000 shares of value $6 621 000 ), Daniel J. Taylor (Option Excercise at a value of $0), Gay Mary (Option Excercise at a value of $0), Gregory M. Spierkel (Option Excercise at a value of $0), Janet Swartz (Option Excercise at a value of $0), John M. McManus (Option Excercise at a value of $0), John M. McManus (Sold 20 000 shares of value $869 350 ), John Mcmanus (Option Excercise at a value of $0), John Mcmanus (Sold 40 000 shares of value $1 721 600 ), Jonathan S. Halkyard (Option Excercise at a value of $0), Mary Chris Gay (Sold 6 006 shares of value $223 513 ), McManus John (Sold 10 000 shares of value $413 143 ), McManus John (Sold 10 000 shares of value $439 059 ), Meister Keith (Option Excercise at a value of $0), Meister Keith (Sold 250 000 shares of value $10 947 500 ), Rose E. McKinney-James (Sold 11 481 shares of value $448 532 ), Salem Paul (Option Excercise at a value of $0), Todd Meinert (Option Excercise at a value of $0), Todd R. Meinert (Option Excercise at a value of $0), William J. Hornbuckle (Option Excercise at a value of $0), William J. Hornbuckle (Sold 230 000 shares of value $9 854 600 ), William Joseph Hornbuckle (Option Excercise at a value of $0)

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
9 (75.00 %)
9 (69.23 %)
9 (69.23 %)
Moderate Buy
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Hold
3 (25.00 %)
4 (30.77 %)
4 (30.77 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Summary RatingStrong Buy
1.50
Moderate Buy
1.62
Moderate Buy
1.62

MGM Resorts International

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, Mirage, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. We estimate MGM's U.S. sports and iGaming operations will be a mid-single-digit percentage of its total revenue by 2024. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.

CEO: William Joseph Hornbuckle

Telephone: +1 702 693-7120

Address: 3600 Las Vegas Boulevard South, Las Vegas 89109, NV, US

Number of employees: 42 000

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

50%50%

Bearish Bullish

46%54%

Bearish Bullish

58%42%

Bearish Bullish

61%39%

 

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