Summary
36.87 -4.54(-10.96%)10/31/2024
MGM Resorts International (MGM)
MGM Resorts International (MGM)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -10.93 | -8.03 | -4.53 | -14.18 | -7.08 | 5.58 | 94.68 | 165.08 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 36.87 | |
| Open | 38.77 | |
| High | 39.16 | |
| Low | 36.26 | |
| Volume | 11,892,465 | |
| Change | -4.53 | |
| Change % | -10.93 | |
| Avg Volume (20 Days) | 3,210,059 | |
| Volume/Avg Volume (20 Days) Ratio | 3.70 | |
| 52 Week Range | 33.45 - 48.25 | |
| Price vs 52 Week High | -23.59% | |
| Price vs 52 Week Low | 10.22% | |
| Range | -4.90 | |
| Gap Up/Down | -3.30 | |
Fundamentals | ||
| Market Capitalization (Mln) | 11,637 | |
| EBIDTA | 1,078,422,016 | |
| PE Ratio | 33.0634 | |
| PEG Ratio | 4.1999 | |
| WallStreet Target Price | 54.99 | |
| Book Value | 14.5400 | |
| Earnings Per Share | 1.2470 | |
| EPS Estimate Current Quarter | -0.0100 | |
| EPS Estimate Next Quarter | -0.0600 | |
| EPS Estimate Current Year | -0.8400 | |
| EPS Estimate Next Year | 0.8200 | |
| Diluted EPS (TTM) | 1.2470 | |
| Revenues | ||
| Profit Marging | 0.0866 | |
| Operating Marging (TTM) | -0.0095 | |
| Return on asset (TTM) | -0.0012 | |
| Return on equity (TTM) | 0.0541 | |
| Revenue TTM | 7,800,770,048 | |
| Revenue per share TTM | 15.9460 | |
| Quarterly Revenue Growth (YOY) | 1.3980 | |
| Quarterly Earnings Growth (YOY) | 31.1490 | |
| Gross Profit (TTM) | 1,709,371,000 | |
| Dividends | ||
| Dividend Share | 0.0100 | |
| Dividend Yield | 0.0002 | |
| Valuations | ||
| Trailing PE | 33.0634 | |
| Forward PE | 133.3333 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 2.8433 | |
| Revenue Enterprise Value | 4.7116 | |
| EBITDA Enterprise Value | 14.2126 | |
| Shares | ||
| Shares Outstanding | 468,960,000 | |
| Shares Float | 375,702,489 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 15.40 | |
| Institutions (%) | 67.12 | |
10/31 07:56 EST - zacks.com
MGM Resorts' Q3 Earnings Miss Estimates, Revenues Increase Y/Y
MGM's third-quarter top line reflects strong contributions from MGM China, Las Vegas Strip Resorts and Regional operations.
MGM Resorts' Q3 Earnings Miss Estimates, Revenues Increase Y/Y
MGM's third-quarter top line reflects strong contributions from MGM China, Las Vegas Strip Resorts and Regional operations.
10/30 20:51 EST - seekingalpha.com
MGM Resorts International (MGM) Q3 2024 Earnings Call Transcript
MGM Resorts International (NYSE:MGM ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Andrew Chapman - Director of Investor Relations Jonathan Halkyard - Chief Financial Officer William Hornbuckle - Chief Executive Officer and President Gary Fritz - President, MGM Resorts International Interactive Corey Sanders - Chief Operating Officer Hubert Wang - COO and President, MGM China Holdings Kenneth Feng - Executive Director and President of MGM China Holdings Conference Call Participants Joseph Greff - JPMorgan Shaun Kelley - Bank of America Carlo Santarelli - Deutsche Bank David Katz - Jefferies Stephen Grambling - Morgan Stanley Daniel Politzer - Wells Fargo Brandt Montour - Barclays John Decree - CBRE Barry Jonas - Truist Securities Steven Wieczynski - Stifel Chad Beynon - Macquarie Operator Good afternoon, and welcome to the MGM Resorts International Third Quarter 2024 Earnings Conference Call. Joining the call from the company today are Bill Hornbuckle, Chief Executive Officer and President; Corey Sanders, Chief Operating Officer; Jonathan Halkyard, Chief Financial Officer and Treasurer; Kenneth Feng, Executive Director and President of MGM China Holdings; Hubert Wang, COO and President of MGM China Holdings, and Andrew Chapman, Director of Investor Relations.
MGM Resorts International (MGM) Q3 2024 Earnings Call Transcript
MGM Resorts International (NYSE:MGM ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Andrew Chapman - Director of Investor Relations Jonathan Halkyard - Chief Financial Officer William Hornbuckle - Chief Executive Officer and President Gary Fritz - President, MGM Resorts International Interactive Corey Sanders - Chief Operating Officer Hubert Wang - COO and President, MGM China Holdings Kenneth Feng - Executive Director and President of MGM China Holdings Conference Call Participants Joseph Greff - JPMorgan Shaun Kelley - Bank of America Carlo Santarelli - Deutsche Bank David Katz - Jefferies Stephen Grambling - Morgan Stanley Daniel Politzer - Wells Fargo Brandt Montour - Barclays John Decree - CBRE Barry Jonas - Truist Securities Steven Wieczynski - Stifel Chad Beynon - Macquarie Operator Good afternoon, and welcome to the MGM Resorts International Third Quarter 2024 Earnings Conference Call. Joining the call from the company today are Bill Hornbuckle, Chief Executive Officer and President; Corey Sanders, Chief Operating Officer; Jonathan Halkyard, Chief Financial Officer and Treasurer; Kenneth Feng, Executive Director and President of MGM China Holdings; Hubert Wang, COO and President of MGM China Holdings, and Andrew Chapman, Director of Investor Relations.
10/30 19:36 EST - zacks.com
MGM (MGM) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for MGM (MGM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
MGM (MGM) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for MGM (MGM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
10/30 18:45 EST - zacks.com
MGM Resorts (MGM) Q3 Earnings and Revenues Lag Estimates
MGM Resorts (MGM) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.64 per share a year ago.
MGM Resorts (MGM) Q3 Earnings and Revenues Lag Estimates
MGM Resorts (MGM) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.64 per share a year ago.
10/30 18:38 EST - prnewswire.com
MGM China Reports 2024 Nine-Month Results
Visitation Revenue Adjusted EBITDA Posted Year-on-Year Growth A ll Surpassed 2019 Levels HONG KONG , Oct. 30, 2024 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three and nine months ended September 30, 2024 (the "Period"). The Group is pleased to see the momentum in Macau continued this year following a solid recovery in 2023.
MGM China Reports 2024 Nine-Month Results
Visitation Revenue Adjusted EBITDA Posted Year-on-Year Growth A ll Surpassed 2019 Levels HONG KONG , Oct. 30, 2024 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three and nine months ended September 30, 2024 (the "Period"). The Group is pleased to see the momentum in Macau continued this year following a solid recovery in 2023.
10/30 16:15 EST - prnewswire.com
MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS
Record 3Q consolidated net revenues Record results at MGM China with record 3Q net revenue and record 3Q Adjusted Property EBITDAR MGM China declared a special dividend in August 2024, resulting in approximately $200 million in cash to MGM Resorts in total this year Repurchased over $300 million of shares in 3Q and approximately $1.3 billion year-to-date, reducing overall shares outstanding by 40% since 2021 Accelerating growth at BetMGM with record 3Q net revenues increasing nearly 20% year-over-year, more than doubling the revenue growth achieved in 2Q Advanced international digital strategy by announcing a venture with Grupo Globo to pursue a sports betting and iGaming license in Brazil, aiming to launch the BetMGM brand LAS VEGAS , Oct. 30, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended September 30, 2024. "We are pleased to report record consolidated net revenues for the third quarter, driven by record results from MGM China.
MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS
Record 3Q consolidated net revenues Record results at MGM China with record 3Q net revenue and record 3Q Adjusted Property EBITDAR MGM China declared a special dividend in August 2024, resulting in approximately $200 million in cash to MGM Resorts in total this year Repurchased over $300 million of shares in 3Q and approximately $1.3 billion year-to-date, reducing overall shares outstanding by 40% since 2021 Accelerating growth at BetMGM with record 3Q net revenues increasing nearly 20% year-over-year, more than doubling the revenue growth achieved in 2Q Advanced international digital strategy by announcing a venture with Grupo Globo to pursue a sports betting and iGaming license in Brazil, aiming to launch the BetMGM brand LAS VEGAS , Oct. 30, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended September 30, 2024. "We are pleased to report record consolidated net revenues for the third quarter, driven by record results from MGM China.
10/28 10:21 EST - zacks.com
Unveiling MGM (MGM) Q3 Outlook: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for MGM (MGM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Unveiling MGM (MGM) Q3 Outlook: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for MGM (MGM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
10/25 13:07 EST - benzinga.com
2 Stocks About To Trigger The Market's Single Best Indicator
The 200-day moving average is the king of the line-in-the-sand indicators for many old-school traders.
2 Stocks About To Trigger The Market's Single Best Indicator
The 200-day moving average is the king of the line-in-the-sand indicators for many old-school traders.
10/23 13:27 EST - seekingalpha.com
Casino And Sports Betting Stocks Are Due For Positive Sentiment Due To Macro Growth
The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings profiles indicated forward either by Q4 2024 or Q1 2025. The market is still chasing AI, which tends to bury other strong stories.
Casino And Sports Betting Stocks Are Due For Positive Sentiment Due To Macro Growth
The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings profiles indicated forward either by Q4 2024 or Q1 2025. The market is still chasing AI, which tends to bury other strong stories.
10/23 11:06 EST - zacks.com
Analysts Estimate MGM Resorts (MGM) to Report a Decline in Earnings: What to Look Out for
MGM (MGM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts Estimate MGM Resorts (MGM) to Report a Decline in Earnings: What to Look Out for
MGM (MGM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
10/21 09:00 EST - prnewswire.com
MGM RESORTS INTERNATIONAL AND MARRIOTT INTERNATIONAL SIGN AGREEMENT TO LAUNCH W LAS VEGAS
W Las Vegas marks the latest step in the long-term strategic licensing agreement between MGM Resorts International and Marriott International LAS VEGAS , Oct. 21, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and Marriott International, Inc. (Nasdaq: MAR) announced plans to convert an iconic property on the Las Vegas Strip to the W Hotels brand within the Marriott Bonvoy® portfolio, continuing the brand's storied evolution. Anticipated to complete its conversion later this year, W Las Vegas marks the latest step in the companies' long-term strategic licensing agreement announced in July 2023.
MGM RESORTS INTERNATIONAL AND MARRIOTT INTERNATIONAL SIGN AGREEMENT TO LAUNCH W LAS VEGAS
W Las Vegas marks the latest step in the long-term strategic licensing agreement between MGM Resorts International and Marriott International LAS VEGAS , Oct. 21, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and Marriott International, Inc. (Nasdaq: MAR) announced plans to convert an iconic property on the Las Vegas Strip to the W Hotels brand within the Marriott Bonvoy® portfolio, continuing the brand's storied evolution. Anticipated to complete its conversion later this year, W Las Vegas marks the latest step in the companies' long-term strategic licensing agreement announced in July 2023.
10/21 08:46 EST - zacks.com
New Strong Sell Stocks for October 21th
ET, MGM and KMT have been added to the Zacks Rank #5 (Strong Sell) List on October 21, 2024.
New Strong Sell Stocks for October 21th
ET, MGM and KMT have been added to the Zacks Rank #5 (Strong Sell) List on October 21, 2024.
10/14 13:45 EST - benzinga.com
6 Top Stocks For Gaming, Casinos, Sports Betting: Analyst Says This Company's Estimates Will 'Prove Conservative'
The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said.
6 Top Stocks For Gaming, Casinos, Sports Betting: Analyst Says This Company's Estimates Will 'Prove Conservative'
The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said.
10/08 15:17 EST - cnbc.com
BetMGM wagers that new technology, football can lead to a resurgence
BetMGM is trying to regain market share after losing ground in sports betting and online casino games. It's banking on technology like modeling and predictive AI features, and a digital wallet that allows people to take home what they win in Nevada.
BetMGM wagers that new technology, football can lead to a resurgence
BetMGM is trying to regain market share after losing ground in sports betting and online casino games. It's banking on technology like modeling and predictive AI features, and a digital wallet that allows people to take home what they win in Nevada.
10/08 15:00 EST - youtube.com
MGM Resorts CEO on Macao's revenue growth
MGM Resorts International CEO Bill Hornbuckle on Tuesday discussed and international growth through MGM Macau.
MGM Resorts CEO on Macao's revenue growth
MGM Resorts International CEO Bill Hornbuckle on Tuesday discussed and international growth through MGM Macau.
10/08 12:39 EST - youtube.com
MGM Resorts International CEO Bill Hornbuckle on international growth and opportunity in sports
Bill Hornbuckle, MGM Resorceots International CEO, joins CNBC's 'Money Movers' to discuss China stimulus plan, the casino industry moving digital, opportunities for MGM in Las Vegas sports, and more.
MGM Resorts International CEO Bill Hornbuckle on international growth and opportunity in sports
Bill Hornbuckle, MGM Resorceots International CEO, joins CNBC's 'Money Movers' to discuss China stimulus plan, the casino industry moving digital, opportunities for MGM in Las Vegas sports, and more.
10/03 13:10 EST - zacks.com
Will MGM (MGM) Beat Estimates Again in Its Next Earnings Report?
MGM (MGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will MGM (MGM) Beat Estimates Again in Its Next Earnings Report?
MGM (MGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
10/02 09:00 EST - prnewswire.com
MGM Resorts International Announces Third Quarter 2024 Earnings Release Date
LAS VEGAS , Oct. 2, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2024 after the market closes on Wednesday, October 30, 2024. MGM Resorts will host a conference call that day at 5:00 p.m.
MGM Resorts International Announces Third Quarter 2024 Earnings Release Date
LAS VEGAS , Oct. 2, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2024 after the market closes on Wednesday, October 30, 2024. MGM Resorts will host a conference call that day at 5:00 p.m.
09/27 14:10 EST - investopedia.com
Casino Stocks Advance Further on Optimism About China's Stimulus Moves
Shares of Wynn Resorts (WYNN), Las Vegas Sands (LVS), and MGM Resorts International (MGM) gained again Friday on optimism that the big stimulus package announced by China will increase business at their casinos in Macau.
Casino Stocks Advance Further on Optimism About China's Stimulus Moves
Shares of Wynn Resorts (WYNN), Las Vegas Sands (LVS), and MGM Resorts International (MGM) gained again Friday on optimism that the big stimulus package announced by China will increase business at their casinos in Macau.
09/25 07:30 EST - fool.com
Don't Sleep on This Insanely Cheap Stock
There's a wide moat and strong cash flow behind this business.
Don't Sleep on This Insanely Cheap Stock
There's a wide moat and strong cash flow behind this business.