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    M

    MGM Resorts International (MGM)

    Official site

    CONSUMER CYCLICAL • RESORTS & CASINOS • NYSE

    $28.96
    -0.44 (-1.50%)

    Market Cap: $7.42B

    Last updated: Oct 16, 2026 at 4:56 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    62%(24/39)
    Avg Surprise
    +59.97%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.19
    Range$-0.02 - $0.43
    11 analysts
    EPS RevisionsNo revisions (7d)
    0
    3
    30d
    EPS Estimate DriftChange to current
    90d ago$0.25-25.6%
    60d ago$0.23-17.6%
    30d ago$0.21-10.6%
    7d ago$0.19-0.5%
    Current$0.19
    Revenue Consensus
    $4.3B
    Range$4.1B - $4.4B
    17 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.52
    Range$0.26 - $1.05
    13 analysts
    Revenue Consensus
    $4.6B
    Range$4.1B - $4.9B
    21 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.52---
    Sep 26EST
    		-$0.19---
    Jun 26
    Reported Jul 29
    		$0.59$0.63-6.35%Miss-25.3%
    Mar 26
    Reported Apr 29
    		$0.49$0.48+2.08%Beat-29.0%
    Dec 25
    Reported Feb 5
    		$1.60$0.55+190.91%Beat+255.6%
    Sep 25
    Reported Oct 29
    		$0.24$0.30-20.00%Miss-55.6%
    Jun 25
    Reported Jul 30
    		$0.79$0.55+43.64%Beat-8.1%
    Mar 25
    Reported Apr 30
    		$0.69$0.45+53.33%Beat-6.8%
    Dec 24
    Reported Feb 12
    		$0.45$0.34+32.35%Beat-57.5%
    Sep 24
    Reported Oct 30
    		$0.54$0.61-11.48%Miss-15.6%
    Jun 24
    Reported Jul 31
    		$0.86$0.59+45.76%Beat+45.8%
    Mar 24
    Reported May 1
    		$0.74$0.58+27.59%Beat+68.2%
    Dec 23
    Reported Feb 13
    		$1.06$0.71+49.30%Beat+169.3%
    Sep 23
    Reported Nov 8
    		$0.64$0.49+30.61%Beat+146.0%
    Jun 23
    Reported Aug 2
    		$0.59$0.52+13.46%Beat+1866.7%
    Mar 23
    Reported May 1
    		$0.44$0.16+175.00%Beat+4300.0%
    Dec 22
    Reported Feb 8
    		$-1.53$-1.57+2.55%Beat-1375.0%
    Sep 22
    Reported Nov 2
    		$-1.39$0.13-1169.23%Miss-4733.3%
    Jun 22
    Reported Aug 3
    		$0.03N/A-90.91%Miss+123.1%
    Mar 22
    Reported May 2
    		$0.01N/A+120.00%Beat+101.5%
    Dec 21
    Reported Feb 9
    		$0.12$0.02+500.00%Beat+113.3%
    Sep 21
    Reported Nov 3
    		$0.03$-0.03+200.00%Beat+102.8%
    Jun 21
    Reported Aug 4
    		$-0.13N/A+64.86%Beat+91.4%
    Mar 21
    Reported Apr 28
    		$-0.68$-0.87+21.84%Beat-51.1%
    Dec 20
    Reported Feb 10
    		$-0.90$-0.94+4.26%Beat-1225.0%
    Sep 20
    Reported Oct 29
    		$-1.08$-1.02-5.88%Miss-448.4%
    Jun 20
    Reported Jul 30
    		$-1.52$-1.70+10.59%Beat-760.9%
    Mar 20
    Reported Apr 30
    		$-0.45$-0.42-7.14%Miss-350.0%
    Dec 19
    Reported Feb 12
    		$0.08N/A-70.37%Miss+233.3%
    Sep 19
    Reported Oct 30
    		$0.31$0.33-6.06%Miss+29.2%
    Jun 19
    Reported Jul 25
    		$0.23$0.26-11.54%Miss-11.5%
    Mar 19
    Reported Apr 29
    		$0.18$0.21-14.29%Miss-45.5%
    Dec 18
    Reported Feb 13
    		$-0.06N/A-146.15%Miss-102.5%
    Sep 18
    Reported Oct 30
    		$0.24$0.20+20.00%Beat-29.4%
    Jun 18
    Reported Aug 2
    		$0.26$0.28-7.14%Miss-13.3%
    Mar 18
    Reported Apr 26
    		$0.33$0.29+13.79%Beat-13.2%
    Dec 17
    Reported Feb 20
    		$2.40$0.10+2302.70%Beat+2084.3%
    Sep 17
    Reported Nov 8
    		$0.34$0.37-8.11%Miss-
    Jun 17
    Reported Jul 27
    		$0.30$0.30+0.00%Beat-
    Mar 17
    Reported Apr 27
    		$0.38$0.29+31.03%Beat-
    Dec 16
    Reported Feb 16
    		$0.11$0.19-42.11%Miss-

    Dividends

    Dividend Metrics

    Forward Yield0.00%
    Forward Annual Dividend$0.00
    Payout Ratio0.00%
    FrequencyQuarterly

    Key Metrics

    Valuation
    P/E Ratio9.92EV/EBITDA5.40x
    Price/FCF4.92xFCF Yield20.32%
    Profitability
    Profit Margin2.40%Operating Margin6.79%
    ROE18.90%ROIC10.55%
    Financial Health
    Debt/Equity2.41xInterest Coverage2.21x
    Current Ratio1.33xQuick Ratio1.30x
    Trading Statistics
    Beta1.35Avg Volume5.60M
    52-Week High$51.5952-Week Low$28.72

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$29.86
    SMA 20$32.55
    SMA 50$38.45
    SMA 200$39.46
    EMA 10$30.24
    EMA 20$32.36
    EMA 50$36.77
    EMA 200$39.03

    MACD

    Line: -2.88Signal: -2.90Hist: 0.02

    ADX

    ADX: 59.9+DI: 8.8-DI: 43.2

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down92.0
    PSAR$30.81

    Bollinger Bands

    Upper Band$39.77
    Lower Band$25.32
    %B Position4439%(Upper)
    Band Width0.25

    RSI (14-Day)

    Oversold
    13.6

    Momentum Oscillators

    Stoch %K7.2
    Stoch %D5.6
    Williams %R-95.8
    ROC (10d)-6.7%
    Momentum-2.09
    CCI (20d)-78.4
    MFI (14d)16.0

    Volatility Measures

    ATR (14d)$1.02(3.5%)
    StdDev (20d)3.61
    Hist Vol42.4%(High)

    Volume Flow

    VWAP$29.12
    OBV-129.9M
    AD Line-64.3M
    CMF (20d)-0.393

    Volume Metrics

    Avg Vol (20d)5.9M
    Vol Ratio0.7x
    VWMA (20d)$32.40

    Pivot Points

    R3$30.47
    R2$30.13
    R1$29.77
    Pivot Point$29.43
    S1$29.06
    S2$28.72
    S3$28.36

    Advanced Oscillators

    TSI-71.97
    Ultimate Osc34.9
    KST-255.36

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$4.45B$4.45B$4.61B$4.25B$4.40B$4.28B$4.35B$4.18B$4.33B$4.38B$4.38B$3.97B
    Cost of Revenue$2.47B$2.46B$2.58B$2.40B$2.45B$2.32B$2.39B$2.32B$2.32B$2.36B$2.38B$2.10B
    Gross Profit$1.98B$1.99B$2.03B$1.85B$1.96B$1.96B$1.95B$1.87B$2.00B$2.02B$2.00B$1.88B
    Operating Expenses$1.48B$1.69B$1.70B$1.96B$1.55B$1.57B$1.66B$1.55B$1.58B$1.56B$1.58B$1.51B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$1.39B$1.42B$1.42B$1.37B$1.34B$1.31B$1.38B$1.30B$1.34B$1.32B$1.37B$1.31B
    Operating Income$503.64M$301.24M$325.01M$-112,852,000$404.56M$385.06M$291.56M$314.86M$425.66M$458.38M$419.34M$369.94M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$102.13M$100.69M$103.90M$102.29M$105.58M$107.27M$108.58M$111.87M$112.74M$110.04M$106.88M$111.17M
    Income Before Tax$413.52M$202.25M$99.83M$-219,587,000$133.76M$266.78M$205.68M$296.73M$271.25M$343.40M$320.09M$224.32M
    Income Tax Expense$90.73M$27.46M$-282,950,000$-12,858,000$15.66M$40.05M$-32,232,000$52.57M$-11,554,000$43.67M$-59,521,000$12.44M
    Net Income$322.79M$174.79M$382.78M$-206,729,000$118.09M$226.73M$237.92M$244.16M$282.80M$299.73M$379.61M$211.88M
    EBITDA$804.28M$573.04M$488.81M$149.81M$488.36M$617.32M$530.33M$648.63M$582.65M$657.02M$639.26M$544.29M
    EBIT$515.65M$302.94M$203.73M$-117,300,000$239.34M$374.05M$314.26M$408.61M$383.99M$453.44M$426.97M$335.50M
    * Some calculated fields are derived from available data when not provided by source

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    News

    MGM Resorts International stock underperforms Friday when compared to competitors

    MGM Resorts International (MGM) stock dropped 2.99% on Friday, closing at $28.60, underperforming the broader market which saw the S&P 500 and Dow Jones also decline. The company's shares are now 44.56% below their...

    MarketWatch•10/16/26•Somewhat-Bearish

    Learn Why The Bull Case For MGM Resorts International Stock Could Change Following New Las Vegas Restaurant Opening

    MGM Resorts International is opening "The Corner Store" at The Cosmopolitan of Las Vegas, a new restaurant concept aimed at enhancing guest experience and driving higher food and beverage spend. This move aligns...

    Simply Wall Street•10/16/26•Neutral

    Deutsche Bank Adjusts MGM Resorts International Price Target to $49 From $55

    Deutsche Bank has adjusted its price target for MGM Resorts International (MGM) to $49, down from $55. Despite this...

    Yahoo Finance•10/16/26•Somewhat-Bearish

    Full House Resorts stock gains 4.85 percent on Nasdaq at EUR 0.97

    Full House Resorts (FLL) stock increased by 4.85% on Nasdaq to EUR 0.97 on October 15, 2026, despite a year-to-date decline of 58.62%. Macquarie recently lowered its price target for the company from USD 2.50 to USD...

    ad-hoc-news.de•10/15/26•Somewhat-Bullish

    MGM Resorts International stock underperforms Thursday when compared to competitors despite daily gains

    MGM Resorts International stock saw a gain of 1.80% on Thursday, closing at $29.48, despite an overall positive trading session for the stock market. However...

    MarketWatch•10/15/26•Somewhat-Bearish

    MGM Valuation and Fair Value

    P/E
    9.9x
    Forward P/E
    17.4x
    EV/EBITDA
    5.4x
    P/FCF
    4.9x
    PEG
    0.5x
    P/B
    2.9x
    See GNG's fair value

    MGM Profitability: Margins, ROIC and FCF

    Gross margin
    44.2%
    Operating margin
    6.8%
    Net margin
    2.4%
    ROIC
    10.5%
    ROE
    18.9%
    FCF margin
    8.4%
    FCF yield
    20.3%

    MGM Competitors

    CompanyTicker
    Urban Outfitters IncURBN
    Light & Wonder IncLNW
    VinFast Auto Ltd. Ordinary SharesVFS
    Etsy, Inc.ETSY
    Victoria's Secret & CoVSCO
    CarMax IncKMX
    Gildan Activewear Inc.GIL
    Norwegian Cruise Line Holdings LtdNCLH

    Sector: Consumer Cyclical

    MGM Analyst Ratings

    Consensus
    Hold
    Analysts
    23
    Strong Buy
    2
    Buy
    8
    Hold
    11
    Sell
    2
    Strong Sell
    0

    MGM Bull Case vs Bear Case

    Bear case

    • MGM has a debt-to-equity ratio of 2.4x.

    MGM Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    35.6%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.19
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 3 down

    MGM Dividend

    Forward yield
    0.0%
    Payout ratio
    0.0%

    Frequently Asked Questions About MGM

    Does MGM pay dividends?

    MGM Resorts International (MGM) has a dividend payment track record. See the MGM dividend history page for its current payment status, TTM yield, and recorded payments.

    What is MGM's P/E ratio?

    MGM Resorts International has a price-to-earnings (P/E) ratio of 9.92.

    What is MGM's market cap?

    MGM Resorts International (MGM) has a market capitalization of $7.42B with a current stock price of $28.96.

    Related stocks

    Sector: Consumer Cyclical

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