MGM Resorts International (NYSE:MGM) Given Average Rating of “Hold” by Brokerages

Shares of MGM Resorts International (NYSE:MGM) have been given a consensus recommendation of “Hold” by the twenty-one analysts that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $52.4882.

A number of equities analysts have recently commented on the company. Jefferies Financial Group reaffirmed a “hold” rating on shares of MGM Resorts International in a report on Thursday, July 2nd. UBS Group set a $48.00 price objective on MGM Resorts International in a research note on Thursday, July 2nd. The Goldman Sachs Group reissued a “sell” rating and set a $43.00 price objective on shares of MGM Resorts International in a report on Wednesday, July 15th. Truist Financial upgraded MGM Resorts International from a “hold” rating to a “buy” rating and raised their target price for the stock from $42.00 to $55.00 in a research note on Wednesday, May 27th. Finally, Citigroup upped their price target on MGM Resorts International from $40.00 to $48.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd.

Insider Activity at MGM Resorts International

In related news, Director Daniel J. Taylor sold 6,675 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $38.44, for a total transaction of $256,587.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.38% of the company’s stock.

Institutional Trading of MGM Resorts International

Several institutional investors and hedge funds have recently bought and sold shares of MGM. Whittier Trust Co. grew its position in shares of MGM Resorts International by 2.5% during the 1st quarter. Whittier Trust Co. now owns 10,778 shares of the company’s stock valued at $405,000 after purchasing an additional 262 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of MGM Resorts International by 55.9% in the fourth quarter. Global Retirement Partners LLC now owns 784 shares of the company’s stock worth $29,000 after buying an additional 281 shares in the last quarter. Tema ETFs LLC boosted its stake in MGM Resorts International by 10.6% during the second quarter. Tema ETFs LLC now owns 3,016 shares of the company’s stock valued at $144,000 after buying an additional 290 shares during the period. Asset Management One Co. Ltd. boosted its stake in MGM Resorts International by 4.2% during the fourth quarter. Asset Management One Co. Ltd. now owns 7,700 shares of the company’s stock valued at $286,000 after buying an additional 313 shares during the period. Finally, Brown Brothers Harriman & Co. grew its position in MGM Resorts International by 23.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 1,893 shares of the company’s stock worth $69,000 after buying an additional 355 shares in the last quarter. 68.11% of the stock is currently owned by hedge funds and other institutional investors.

MGM Resorts International Stock Down 0.8%

MGM opened at $45.85 on Thursday. MGM Resorts International has a 12 month low of $29.18 and a 12 month high of $51.59. The company has a market cap of $11.73 billion, a PE ratio of 63.67 and a beta of 1.29. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 1.93. The company has a 50 day moving average of $46.18 and a 200 day moving average of $39.87.

MGM Resorts International (NYSE:MGM) last issued its earnings results on Wednesday, July 29th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.03. The business had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.42 billion. MGM Resorts International had a net margin of 1.03% and a return on equity of 24.43%. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.79 EPS. On average, sell-side analysts expect that MGM Resorts International will post 1.99 EPS for the current year.

Trending Headlines about MGM Resorts International

Here are the key news stories impacting MGM Resorts International this week:

• Positive Sentiment: Second-quarter results exceeded expectations. MGM reported record consolidated revenue of approximately $4.45 billion, above the $4.42 billion consensus estimate, while EPS of $0.59 topped expectations of $0.56. Operating profit and net income also improved substantially year over year. MGM Resorts second-quarter 2026 results
• Positive Sentiment: Las Vegas operations showed renewed momentum. Revenue from MGM’s Las Vegas Strip resorts rose 3% to $2.2 billion, marking a second consecutive quarter of year-over-year growth. Regional Operations also posted an all-time best same-store quarterly revenue result, while MGM Digital revenue increased 20%. MGM Resorts profit and revenue driven by Las Vegas
• Positive Sentiment: MGM China reported record first-half revenue and maintained a 15.9% Macau market share. Continued Macau market growth supports MGM’s international casino operations and diversification. MGM China 2026 interim financial data
• Neutral Sentiment: Susquehanna raised its price target to $53 from $52 and maintained a positive rating, indicating continued analyst confidence and potential upside from recent trading levels. Susquehanna MGM price target update
• Negative Sentiment: BetMGM’s outlook was a key concern. Second-quarter net revenue increased, but adjusted EBITDA declined, and management expects full-year results toward the lower end of its forecast range. Intensifying competition from prediction-market platforms could delay BetMGM’s $500 million profit goal. BetMGM 2026 outlook
• Negative Sentiment: A law firm is investigating Barry Diller’s proposed $48.30-per-share offer for MGM. The investigation introduces deal uncertainty and could limit investor enthusiasm until the offer’s terms and strategic rationale become clearer. MGM proposed offer investigation

About MGM Resorts International

MGM Resorts International is a leading global hospitality and entertainment company that develops, owns and operates destination resorts, hotels and casinos. Its properties feature integrated gaming floors alongside luxury accommodations, fine dining and retail outlets, live entertainment venues and convention facilities. The company also offers loyalty programs, sports betting and digital gaming experiences to enhance guest engagement and drive repeat visitation.

The company traces its heritage to the opening of the original MGM Grand Hotel & Casino on the Las Vegas Strip in 1973.