Financhill
Buy
59

MGM Quote, Financials, Valuation and Earnings

Last price:
$34.77
Seasonality move :
5.4%
Day range:
$34.59 - $35.14
52-week range:
$33.28 - $48.25
Dividend yield:
0%
P/E ratio:
12.46x
P/S ratio:
0.65x
P/B ratio:
3.20x
Volume:
2.5M
Avg. volume:
3.6M
1-year change:
-22.37%
Market cap:
$10.4B
Revenue:
$16.2B
EPS (TTM):
$2.79

Analysts' Opinion

  • Consensus Rating
    MGM Resorts International has received a consensus rating of Buy. The company's average rating is a Buy based on 14 Buy ratings, 4 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $50.04, MGM Resorts International has an estimated upside of 43.92% from its current price of $34.77.
  • Price Target Downside
    According to analysts, the lowest downside price target is $41.91 representing 100% downside risk from its current price of $34.77.

Fair Value

  • According to the consensus of 18 analysts, MGM Resorts International has 43.92% upside to fair value with a price target of $50.04 per share.

MGM vs. S&P 500

  • Over the past 5 trading days, MGM Resorts International has overperformed the S&P 500 by 3.28% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • MGM Resorts International does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • MGM Resorts International has grown year-over-year revenues for 14 quarters straight. In the most recent quarter MGM Resorts International reported revenues of $4.2B.

Earnings Growth

  • MGM Resorts International has grown year-over-year earnings for 2 quarters straight. In the most recent quarter MGM Resorts International reported earnings per share of $0.61.
Enterprise value:
14.9B
EV / Invested capital:
1.39x
Price / LTM sales:
0.65x
EV / EBIT:
8.93x
EV / Revenue:
0.86x
PEG ratio (5yr expected):
0.10x
EV / Free cash flow:
11.22x
Price / Operating cash flow:
8.37x
Enterprise value / EBITDA:
5.97x
Gross Profit (TTM):
$7.9B
Return On Assets:
2.13%
Net Income Margin (TTM):
5.23%
Return On Equity:
21.92%
Return On Invested Capital:
8.53%
Operating Margin:
7.96%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $12.6B $15.4B $17.3B $4B $4.2B
Gross Profit $6.2B $7.3B $7.9B $1.9B $1.9B
Operating Income -$379.7M $141M $1.7B $359.7M $332.9M
EBITDA $4.1B $3.6B $2.5B $537.3M $641.9M
Diluted EPS $2.92 $2.94 $2.79 $0.46 $0.61
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets $6.2B $6.7B $8.8B $5.3B $4.8B
Total Assets $37B $41.3B $47.3B $42.6B $42.7B
Current Liabilities $2.8B $3.4B $5.9B $3B $3.9B
Total Liabilities $25.2B $29.6B $41.4B $38.1B $38.9B
Total Equity $11.8B $11.8B $6B $4.5B $3.9B
Total Debt $11.4B $12.6B $8.6B $6.5B $6.9B
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations $1.8B $2.4B $2.4B $694.1M $667.4M
Cash From Investing $1.4B $115M -$1.2B -$361.5M -$493.8M
Cash From Financing -$3.5B -$4.4B -$1.6B -$847.6M $349.7M
Free Cash Flow $1.2B $1.5B $1.3B $484.3M $331.2M
MGM
Sector
Market Cap
$10.4B
$485.3M
Price % of 52-Week High
72.07%
72.52%
Dividend Yield
0%
0%
Shareholder Yield
15.69%
3.55%
1-Year Price Total Return
-22.37%
-12.7%
Beta (5-Year)
2.203
0.971
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

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Technicals

8-day SMA
Buy
Level $34.43
200-day SMA
Sell
Level $40.04
Bollinger Bands (100)
Sell
Level 35.87 - 39.59
Chaikin Money Flow
Sell
Level -371.8M
20-day SMA
Sell
Level $35.95
Relative Strength Index (RSI14)
Sell
Level 39.04
ADX Line
Buy
Level 14.09
Williams %R
Neutral
Level -68.4322
50-day SMA
Sell
Level $37.44
MACD (12, 26)
Sell
Level -0.88
25-day Aroon Oscillator
Sell
Level -52
On Balance Volume
Neutral
Level 1.3B

Financial Scores

Sell
Altman Z-Score (Annual)
Level (0.9341)
Sell
CA Score (Annual)
Level (-1.9686)
Sell
Beneish M-Score (Annual)
Level (-2.0693)
Buy
Momentum Score
Level (6)
Sell
Ohlson Score
Level (1.509)
Buy
Piotroski F Score (Annual)
Level (6)
Sell
Quality Ratio Score
Level (3)
Buy
Fundamental Score
Level (8)

Revenue Forecast

Earnings per Share Forecast

Company Profile

MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 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 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). 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 new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.

Stock Forecast FAQ

In the current month, MGM has received 14 Buy ratings 4 Hold ratings, and 0 Sell ratings. The MGM average analyst price target in the past 3 months is $50.04.

  • Where Will MGM Resorts International Stock Be In 1 Year?

    According to analysts, the consensus estimate is that MGM Resorts International share price will rise to $50.04 per share over the next 12 months.

  • What Do Analysts Say About MGM Resorts International?

    Analysts are divided on their view about MGM Resorts International share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that MGM Resorts International is a Sell and believe this share price will drop from its current level to $41.91.

  • What Is MGM Resorts International's Price Target?

    The price target for MGM Resorts International over the next 1-year time period is forecast to be $50.04 according to 18 Wall Street analysts, 14 of them rate the stock a Buy, 0 rate the stock a Sell, and 4 analysts rate the stock a Hold.

  • Is MGM A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for MGM Resorts International is a Buy. 14 of 18 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of MGM?

    You can purchase shares of MGM Resorts International via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase MGM Resorts International shares.

  • What Is The MGM Resorts International Share Price Today?

    MGM Resorts International was last trading at $34.77 per share. This represents the most recent stock quote for MGM Resorts International. Yesterday, MGM Resorts International closed at $34.77 per share.

  • How To Buy MGM Resorts International Stock Online?

    In order to purchase MGM Resorts International stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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