Beyond The Numbers: 13 Analysts Discuss MGM Resorts International Stock
MGM Resorts International (NYSE:MGM) has been analyzed by 13 analysts in the last three months, revealing a diverse range of perspectives 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 | 5 | 1 | 6 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 1 | 0 |
| 3M Ago | 4 | 1 | 2 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $40.96, a high estimate of $48.00, and a low estimate of $29.00. A decline of 10.06% from the prior average price target is evident in the current average.
Breaking Down Analyst Ratings: A Detailed Examination
The perception of MGM Resorts International by financial experts is analyzed through recent analyst actions. 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 |
|---|---|---|---|---|---|
| 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 |
| Daniel Politzer | JP Morgan | Lowers | Neutral | $38.00 | $41.00 |
| George Choi | Citigroup | Lowers | Buy | $47.50 | $51.00 |
| Brandt Montour | Barclays | Lowers | Overweight | $42.00 | $43.00 |
| Barry Jonas | Truist Securities | Lowers | Buy | $47.00 | $48.00 |
| Steven Wieczynski | Stifel | Lowers | Buy | $47.00 | $50.00 |
| Barry Jonas | Truist Securities | Lowers | Buy | $48.00 | $50.00 |
| Daniel Politzer | JP Morgan | Lowers | Neutral | $41.00 | $43.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to MGM Resorts International. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MGM Resorts International compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of MGM Resorts International's stock. This analysis reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of MGM Resorts International's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on MGM Resorts International analyst ratings.
Unveiling the Story Behind MGM Resorts International
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.
MGM Resorts International's Financial Performance
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: MGM Resorts International's revenue growth over a period of 3M has been noteworthy. As of 30 September, 2025, the company achieved a revenue growth rate of approximately 1.61%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: MGM Resorts International's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -6.72%, the company may face hurdles in effective cost management.
Return on Equity (ROE): MGM Resorts International's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -10.11%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): MGM Resorts International's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.69%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: MGM Resorts International's debt-to-equity ratio surpasses industry norms, standing at 11.64. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
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.