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MGM Resorts International (MGM)



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Upturn Advisory Summary
08/14/2025: MGM (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $47.64
1 Year Target Price $47.64
14 | Strong Buy |
3 | Buy |
4 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -45.62% | Avg. Invested days 26 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.89B USD | Price to earnings Ratio 19.85 | 1Y Target Price 47.64 |
Price to earnings Ratio 19.85 | 1Y Target Price 47.64 | ||
Volume (30-day avg) 21 | Beta 1.82 | 52 Weeks Range 25.30 - 42.53 | Updated Date 08/15/2025 |
52 Weeks Range 25.30 - 42.53 | Updated Date 08/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.83 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-07-29 | When After Market | Estimate 0.518 | Actual 0.79 |
Profitability
Profit Margin 3.14% | Operating Margin (TTM) 8.6% |
Management Effectiveness
Return on Assets (TTM) 2.21% | Return on Equity (TTM) 21.79% |
Valuation
Trailing PE 19.85 | Forward PE 15.34 | Enterprise Value 39148008555 | Price to Sales(TTM) 0.57 |
Enterprise Value 39148008555 | Price to Sales(TTM) 0.57 | ||
Enterprise Value to Revenue 2.27 | Enterprise Value to EBITDA 17.34 | Shares Outstanding 272191008 | Shares Floating 204287543 |
Shares Outstanding 272191008 | Shares Floating 204287543 | ||
Percent Insiders 24.87 | Percent Institutions 71.3 |
Upturn AI SWOT
MGM Resorts International

Company Overview
History and Background
MGM Resorts International was founded in 1987 as MGM Grand, Inc. It evolved from Kirk Kerkorian's investment company Tracinda Corporation. It grew through acquisitions and expansions, becoming a global leader in gaming and entertainment.
Core Business Areas
- Casino Operations: Owns and operates casino resorts offering gaming, lodging, dining, entertainment, and retail experiences.
- Hotel Operations: Provides lodging services, including luxury suites and rooms, catering to a wide range of guests.
- Food and Beverage: Offers a diverse selection of restaurants, bars, and lounges within its resorts.
- Entertainment: Hosts concerts, shows, and other entertainment events.
- Retail: Operates retail outlets selling merchandise, souvenirs, and luxury goods.
Leadership and Structure
Bill Hornbuckle serves as the CEO. The organizational structure includes various departments overseeing casino operations, hotel management, finance, marketing, and development. Board of directors provides oversight and governance.
Top Products and Market Share
Key Offerings
- Casino Gaming: Includes slot machines, table games, and poker rooms. Market share is influenced by location and competition. Competitors include Las Vegas Sands, Caesars Entertainment, and Wynn Resorts. Revenue from casino operations constitutes a significant portion of MGM's total revenue.
- Hotel Rooms: Offers a wide range of hotel rooms and suites. Occupancy rates and average daily rates (ADR) are key performance indicators. Competitors include all major hotel chains and independent hotels in the regions where MGM operates. Hotel revenue is a substantial contributor to MGM's overall revenue.
- Entertainment Venues: Hosts live performances, concerts, and sporting events. Revenue is generated through ticket sales, sponsorships, and concessions. Competitors include Live Nation and AEG Presents. These events draw large crowds to MGM properties.
Market Dynamics
Industry Overview
The gaming and hospitality industry is highly competitive and subject to economic cycles, regulatory changes, and evolving consumer preferences. The industry continues to evolve and consolidate through mergers and aquisitions.
Positioning
MGM Resorts International holds a leading position in the gaming and hospitality industry, known for its iconic brands, large-scale resorts, and diverse entertainment offerings. They have significant brand recognition.
Total Addressable Market (TAM)
The global gaming market is estimated to be over $600 billion. The hospitality market is in the trillions. MGM is positioned to capture a percentage of both through its resorts and online gaming platform.
Upturn SWOT Analysis
Strengths
- Strong Brand Portfolio
- Extensive Resort Network
- Loyalty Program
- Diversified Revenue Streams
- Strategic Locations
Weaknesses
- High Debt Levels
- Dependence on Macroeconomic Conditions
- Operational Complexity
- Regulatory Scrutiny
- Exposure to Geopolitical Risks
Opportunities
- Expansion into New Markets
- Growth in Online Gaming
- Strategic Partnerships
- Development of New Resorts
- Increasing Demand for Luxury Travel
Threats
- Economic Downturns
- Increased Competition
- Changes in Regulations
- Cybersecurity Risks
- Public Health Crises
Competitors and Market Share
Key Competitors
- LVS
- CZR
- WYNN
Competitive Landscape
MGM has a strong brand presence and a wide portfolio of resorts. It competes with other major gaming and hospitality companies on the basis of location, quality of facilities, and brand recognition. A key advantage is its brand recognition.
Major Acquisitions
The Cosmopolitan of Las Vegas
- Year: 2022
- Acquisition Price (USD millions): 1625
- Strategic Rationale: Expanded MGM's presence on the Las Vegas Strip and added a luxury resort to its portfolio.
Growth Trajectory and Initiatives
Historical Growth: MGM has grown through acquisitions, new resort developments, and expansion into online gaming. Historical growth rates vary depending on the period being examined.
Future Projections: Analyst estimates vary, but generally project continued growth in revenue and earnings, driven by expansion into new markets and growth in online gaming.
Recent Initiatives: Recent initiatives include expansion into Japan (now paused), development of new resorts, and strategic partnerships to enhance its online gaming platform (BetMGM).
Summary
MGM Resorts International is a robust player in the gaming and hospitality industry, buoyed by its strong brand portfolio and extensive resort network. Its strategic locations and diversified revenue streams contribute to its stability. The company needs to be vigilant of high debt levels and macroeconomic conditions. The growth in online gaming and strategic partnerships provides future growth. However, increased competition and regulatory changes pose ongoing challenges.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (SEC)
- Analyst reports
- Industry reports
- Financial news sources
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data is subject to change. Consult a financial professional before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MGM Resorts International
Exchange NYSE | Headquaters Las Vegas, NV, United States | ||
IPO Launch date 1990-01-12 | President, CEO & Director Mr. William Joseph Hornbuckle IV | ||
Sector Consumer Cyclical | Industry Resorts & Casinos | Full time employees 60000 | Website https://www.mgmresorts.com |
Full time employees 60000 | Website https://www.mgmresorts.com |
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. The company operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. It 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. The company's casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. Its 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.

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