MGM Resorts International (MGM)

MGM (NYSE:Leisure) EQUITY
$22.76
pos +0.67
+3.00%
Today's Range: 22.39 - 22.83 | MGM Avg Daily Volume: 6,725,100
Last Update: 06/29/16 - 2:06 PM EDT
Volume: 2,855,352
YTD Performance: -2.77%
Open: $22.39
Previous Close: $22.09
52 Week Range: $16.18 - $25.00
Oustanding Shares: 565,153,753
Market Cap: 12,173,411,840
6-Month Chart
TheStreet Ratings Grade for MGM
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 11 10 11 11
Moderate Buy 2 2 1 1
Hold 1 1 1 1
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.25 1.27 1.23 1.23
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: -20.91
Price Earnings Comparisons:
MGM Sector Avg. S&P 500
-20.91 0.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
8.02% 20.19% 49.46%
GROWTH 12 Mo 3 Yr CAGR
Revenue -8.40 0.00 0.00
Net Income -100.00 -0.40 0.00
EPS 0.00 -0.80 0.00
Earnings for MGM:
EBITDA 1.20B
Revenue 9.94B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $0.26 $0.18 $0.74 $1.13
Number of Analysts 4 3 6 7
High Estimate $0.35 $0.23 $0.85 $1.47
Low Estimate $0.20 $0.09 $0.51 $0.75
Prior Year $0.17 $0.15 $0.58 $0.74
Growth Rate (Year over Year) 52.94% 17.78% 27.59% 53.09%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
A strong close above $28 will signal a breakout, and give us price targets in the upper $30s.

Reality Bites (Part Deux) Real Money Pro($)

Rapid growth of Chinese outbound tourism should propel growth in Hong Kong and the Chinese ambling mecca of Macau. Gaming companies need differentiated new attractions to attract growth in Macau. Sands' upcoming $2.7 billion Parisian Macao casino and the planned $4.1 billion Wynn Palace Cotai from Wynn Resorts (WYNN) should do the trick. Parties connected with SJM Holdings are seriously hinderi
A weekly close above $24.50 could propel the stock back up to $30.
Even though MGM Resorts International shares have improved from a February low, it appears there has been a bearish divergence over the past two months. 
Consumer discretionary stocks won't be able to sustain a move back to recent highs soon.
The casino operator may be an attractive contrarian play based in part on a Chinese recovery.
Gaming stocks may have bottomed and could be due for a payout. Consider placing your bets on MGM, Caesars, Boyd and Pinnacle.
In the gaming space, I'd put my money on a Macau rebound and value.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.