What Analysts Are Saying About MGM Resorts International Stock

MGM Resorts International -0.05% Pre

MGM Resorts International

MGM

36.73

36.73

-0.05%

0.00% Pre

Throughout the last three months, 8 analysts have evaluated MGM Resorts International (NYSE:MGM), offering a diverse set of opinions from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 1 4 2 0
Last 30D 0 1 0 0 0
1M Ago 0 0 1 1 0
2M Ago 1 0 1 0 0
3M Ago 0 0 2 1 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $37.62, a high estimate of $46.00, and a low estimate of $29.00. Highlighting a 13.79% decrease, the current average has fallen from the previous average price target of $43.64.

price target chart

Interpreting Analyst Ratings: A Closer Look

The analysis of recent analyst actions sheds light on the perception of MGM Resorts International by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Chad Beynon Macquarie Raises Outperform $46.00 $45.00
Stephen Grambling Morgan Stanley Lowers Underweight $33.00 $40.00
Barry Jonas Truist Securities Lowers Hold $38.00 $45.00
Barry Jonas Truist Securities Lowers Buy $45.00 $47.00
Brandt Montour Barclays Lowers Equal-Weight $38.00 $42.00
James Hardiman Citigroup Lowers Neutral $35.00 $47.50
Trey Bowers Wells Fargo Announces Underweight $29.00 -
Robin Farley UBS Lowers Neutral $37.00 $39.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to MGM Resorts International. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of MGM Resorts International compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of MGM Resorts International's stock. This comparison reveals trends in analysts' expectations over time.

To gain a panoramic view of MGM Resorts International's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on MGM Resorts International analyst ratings.

Discovering MGM Resorts International: A Closer Look

MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 59% of total EBITDAR in 2024. MGM also owns US regional assets, which represented a low 20s share of 2024 EBITDAR (MGM's Macao EBITDAR was 21% of the total in 2024). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.

Understanding the Numbers: MGM Resorts International's Finances

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Positive Revenue Trend: Examining MGM Resorts International's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.35% as of 31 December, 2025, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Net Margin: MGM Resorts International's net margin is impressive, surpassing industry averages. With a net margin of 6.38%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): MGM Resorts International's ROE excels beyond industry benchmarks, reaching 11.5%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): MGM Resorts International's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.71%, the company may face hurdles in achieving optimal financial returns.

Debt Management: With a high debt-to-equity ratio of 12.84, MGM Resorts International faces challenges in effectively managing its debt levels, indicating potential financial strain.

The Basics of Analyst Ratings

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.