Get the Latest MGM Stock Quote and Market Insights

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To get the latest MGM stock quote, you can check the company's official website or use a reliable financial website or app.

MGM Resorts International's stock is traded on the New York Stock Exchange under the ticker symbol MGM.

You can also find real-time market insights and analysis from reputable sources like Yahoo Finance or Google Finance.

These sources provide up-to-date information on MGM's stock performance, including its current stock price, trading volume, and market trends.

Financial Data

MGM Resorts International's revenue increased by 23.21% in 2023 to $16.12 billion.

The company's revenue growth has been steadily increasing over the years, with a significant jump of 92.27% in 2021. However, in 2020, revenue dropped by 60.55%.

Here's a breakdown of MGM Resorts International's revenue growth over the past few years:

MGM Resorts International's earnings per share (EPS) decreased by 20.60% in 2023 to $1.14 billion. However, in 2021, EPS increased by 44.81% compared to the previous year.

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The company's EPS growth has been fluctuating over the years, with a significant increase of 378.65% in 2019. In 2020, EPS dropped by an unknown percentage, but in 2023, it decreased by 8.60%.

MGM Resorts International's forward price-to-earnings (P/E) ratio is 11.90 as of 2027. The number of analysts covering the company has been steadily decreasing over the years, with 15 analysts covering the company as of 2027.

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Market Analysis

As a market observer, I'm excited to share my thoughts on MGM stock. Analysts are calling it a strong buy, with an average rating of "Strong Buy" from 15 analysts.

The 12-month stock price forecast is a promising $52.27, representing a 55.66% increase from the latest price. This is a significant upside potential for investors.

MGM Resorts has a top market share in the Las Vegas market, making it a leader in the industry. Its steady trend of positive cashflow is also a major plus.

Although the macro outlook for Las Vegas is mixed for 2025, MGM's strong fundamentals should help it navigate any challenges. The company's ability to generate cashflow is a key factor in its success.

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Stock Performance

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MGM Resorts International's stock price has been on a rollercoaster ride, with a 52-week high of $48.25 and a low of $31.61.

The current share price is $33.56, which is a 3.48% decrease from its price just one month ago. Over the past year, the stock has dropped by 23.47%, and over the past three years, it has decreased by 21.44%.

Here's a summary of the stock's performance over the past few years:

It's worth noting that the stock has had a remarkable increase since its IPO, with a 759.14% change over time.

Historical Prices

Historical prices can tell us a lot about a stock's performance and potential. MGM Resorts International's current share price is $33.56.

The company's stock has had its highs and lows over the past year, with a 52-week high of $48.25 and a 52-week low of $31.61. This means that the stock has fluctuated significantly, but not necessarily in a way that's alarming.

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MGM's beta is 2.22, which indicates that the stock is more volatile than the overall market. In the past year, the stock has had a 1-year change of -23.47%, which is a significant decline.

Here's a breakdown of MGM's price performance over the past few years:

As you can see, MGM's stock has had its ups and downs, but the company's overall performance has been strong since its IPO.

Estimates in USD

Estimates in USD are a crucial aspect of stock performance, and MGM Resorts International's estimates are no exception.

In 2025, MGM Resorts International's revenue is estimated to be $17,153 USD, up from $16,812 USD in 2023.

The company's dividend yield is expected to be 0.07% in 2025, a slight decrease from the previous year.

Here's a breakdown of MGM Resorts International's estimates in USD for the next few years:

Note that the revenue estimates are based on the average of 19 analysts' predictions, with a high estimate of $18,195 USD and a low estimate of $17,153 USD.

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The company's EBIT (earnings before interest and taxes) is expected to be $1,499 USD in 2025, increasing to $2,278 USD in 2028.

It's worth noting that the estimates for revenue and EBIT are based on the company's historical performance, which has shown a steady increase in revenue and earnings over the past few years.

The average estimate for revenue in 2026 is $17,553 USD, with a high estimate of $18,195 USD and a low estimate of $17,153 USD.

MGM Resorts International's net profit is expected to be $732 USD in 2025, increasing to $1,500 USD in 2028.

The company's net debt is expected to be $70 USD in 2025, a slight decrease from the previous year.

The average estimate for EBITDA (earnings before interest, taxes, depreciation, and amortization) in 2027 is $3,938 USD, with a high estimate of $4,688 USD and a low estimate of $3,938 USD.

The company's free cash flow is expected to be $1,325 USD in 2025, increasing to $1,712 USD in 2028.

Price History & Performance

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MGM Resorts International's revenue in 2023 was $16.12 billion, a 23.21% increase from the previous year's $13.08 billion.

The company's financial performance has seen a decrease in earnings, with a -20.60% drop from the previous year.

In 2023, MGM Resorts International's revenue was $16.12 billion, an increase of 23.21% compared to the previous year's $13.08 billion.

Here's a brief summary of the company's revenue growth over the years:

The sector, including MGM Resorts International, is undervalued because the market is yet to recognize its long-term growth prospects.

The company's revenue is expected to continue growing, with estimates suggesting a $17,153 million revenue in 2025, a $17,553 million revenue in 2026, and a $17,864 million revenue in 2027.

Company Information

MGM Resorts International has a rich history dating back to 1986. The company was founded that year and has since grown to become a major player in the gaming and hospitality industry.

MGM Resorts International employs a large workforce, with over 67,000 employees worldwide.

The company is led by CEO Bill Hornbuckle, who oversees the company's operations and strategy.

You can learn more about MGM Resorts International by visiting their official website at www.mgmresorts.com.

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Investment Opportunities

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MGM Resorts offers a 13% FCF yield, which is a promising investment opportunity.

The market has yet to recognize the long-term growth prospects of the casino and sports betting sector, making it undervalued.

Investing in MGM Resorts could potentially double in 3 years, making it a worthwhile bet.

The sector is poised to gain strongly as Q4 events unfold with strong earnings projections.

Stock Price and Forecast

The stock price and forecast for MGM stock are looking promising. The average rating from 15 analysts is a "Strong Buy", indicating they believe the stock will perform well in the near future.

Analysts are predicting a 12-month stock price forecast of $52.27, which is an increase of 55.66% from the latest price of $33.56.

Here's a breakdown of the analyst ratings:

The current share price is $33.56, and the 52-week high is $48.25, while the 52-week low is $31.61. The stock has a beta of 2.22, indicating it can be a bit volatile.

Analysts are predicting a price increase of 55.66% from the current stock price, with a low estimate of 31.03% and a high estimate of 87.61%.

Frequently Asked Questions

Is MGM stock a good buy now?

MGM Resorts has a Strong Buy consensus rating with 43.24% upside potential, suggesting it may be a good investment opportunity. However, it's essential to do your own research and consider multiple factors before making a decision.

What is the highest MGM stock has been?

The highest MGM stock price was $94.12 on October 09, 2007. This historic high is a significant milestone in MGM Resorts' stock history.

Is MGM a publicly traded company?

Yes, MGM Resorts International is a publicly traded company, listed on the New York Stock Exchange (NYSE). This means its shares are available for the public to buy and sell.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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