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MGM logo

MGM Resorts International (MGM)

Upturn stock ratingUpturn stock rating
$36.33
Last Close (24-hour delay)
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PASS
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

08/14/2025: MGM (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

21 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $47.64

1 Year Target Price $47.64

Analysts Price Target For last 52 week
$47.64 Target price
52w Low $25.3
Current$36.33
52w High $42.53

Analysis of Past Performance

Type Stock
Historic Profit -45.62%
Avg. Invested days 26
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

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

ai summary icon Upturn AI SWOT

MGM Resorts International

stock logo

Company Overview

overview logo 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.

business area logo 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 logo 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

overview logo 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 logo 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

competitor logo 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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 60000

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.