A number of research firms have changed their ratings and price targets for MGM Resorts International (NYSE: MGM):
- 11/10/2026 – MGM Resorts International was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
- 11/5/2026 – MGM Resorts International had its price target lowered by Argus from $55.00 to $40.00. They now have a “buy” rating on the stock.
- 10/31/2026 – MGM Resorts International was downgraded by Wall Street Zen from “hold” to “sell”.
- 10/30/2026 – MGM Resorts International had its price target lowered by Wells Fargo & Company from $29.00 to $28.00. They now have an “equal weight” rating on the stock.
- 10/29/2026 – MGM Resorts International was given a new $50.00 price target by Mizuho.
- 10/29/2026 – MGM Resorts International had its “sell” rating reaffirmed by The Goldman Sachs Group. They now have a $26.00 price target on the stock.
- 10/29/2026 – MGM Resorts International was given a new $35.00 price target by Wells Fargo & Company.
- 10/29/2026 – MGM Resorts International had its price target lowered by Barclays from $37.00 to $34.00. They now have an “equal weight” rating on the stock.
- 10/29/2026 – MGM Resorts International had its price target lowered by JPMorgan Chase & Co. from $42.00 to $39.00. They now have an “overweight” rating on the stock.
- 10/29/2026 – MGM Resorts International had its price target lowered by Truist Financial from $45.00 to $40.00. They now have a “buy” rating on the stock.
- 10/29/2026 – MGM Resorts International had its price target lowered by Stifel Nicolaus from $40.00 to $35.00. They now have a “hold” rating on the stock.
- 10/26/2026 – MGM Resorts International was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
- 10/20/2026 – MGM Resorts International had its price target lowered by JPMorgan Chase & Co. from $53.00 to $42.00. They now have an “overweight” rating on the stock.
- 10/20/2026 – MGM Resorts International had its price target lowered by Stifel Nicolaus from $49.00 to $40.00. They now have a “hold” rating on the stock.
- 10/20/2026 – MGM Resorts International had its price target lowered by Truist Financial from $55.00 to $45.00. They now have a “buy” rating on the stock.
- 10/19/2026 – MGM Resorts International had its price target lowered by Wells Fargo & Company from $48.30 to $29.00. They now have an “equal weight” rating on the stock.
- 10/19/2026 – MGM Resorts International had its price target lowered by Morgan Stanley from $43.00 to $29.00. They now have an “underweight” rating on the stock.
- 10/13/2026 – MGM Resorts International was given a new $30.00 price target by The Goldman Sachs Group.
- 10/12/2026 – MGM Resorts International had its price target lowered by Citigroup from $48.00 to $32.00. They now have a “neutral” rating on the stock.
- 10/9/2026 – MGM Resorts International had its price target lowered by Barclays from $48.00 to $37.00. They now have an “equal weight” rating on the stock.
- 10/8/2026 – MGM Resorts International had its price target lowered by Susquehanna from $46.00 to $41.00. They now have a “positive” rating on the stock.
- 10/2/2026 – MGM Resorts International was downgraded by Zacks Research from “hold” to “strong sell”.
- 9/24/2026 – MGM Resorts International had its price target lowered by Mizuho from $60.00 to $55.00. They now have an “outperform” rating on the stock.
- 9/24/2026 – MGM Resorts International is now covered by Bank of America. They set a “neutral” rating and a $40.00 price target on the stock.
- 9/24/2026 – MGM Resorts International had its price target lowered by Susquehanna from $55.00 to $46.00. They now have a “positive” rating on the stock.
- 9/21/2026 – MGM Resorts International had its price target raised by Capital One Financial from $53.00 to $57.00. They now have an “overweight” rating on the stock.
MGM Resorts International Price Performance
MGM stock opened at $33.16 on Friday. The firm has a market cap of $8.39 billion, a price-to-earnings ratio of 12.61, a PEG ratio of 2.07 and a beta of 1.34. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 1.68. MGM Resorts International has a 12-month low of $26.71 and a 12-month high of $51.59. The company’s fifty day simple moving average is $32.96 and its 200 day simple moving average is $38.91.
MGM Resorts International (NYSE:MGM – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.15). MGM Resorts International had a return on equity of 20.58% and a net margin of 3.92%. The business had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same quarter in the previous year, the business posted $0.24 earnings per share. The business’s revenue was down .9% on a year-over-year basis. On average, analysts expect that MGM Resorts International will post 1.62 earnings per share for the current year.
Insider Activity
In other MGM Resorts International news, Director Keith Meister bought 1,738,074 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The shares were bought at an average price of $29.64 per share, for a total transaction of $51,516,513.36. Following the transaction, the director directly owned 7,086,052 shares in the company, valued at approximately $210,030,581.28. This trade represents a 32.50% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.38% of the stock is owned by corporate insiders.
MGM Resorts International is a global hospitality and entertainment company that develops, owns and operates resorts featuring casinos, hotels, restaurants, live entertainment, meeting spaces and other leisure amenities. Its portfolio includes well-known Las Vegas properties as well as resorts in other U.S. markets. The company also has a presence in Macau through its MGM China subsidiary, which operates integrated resorts including MGM Macau and MGM Cotai. MGM Resorts offers online sports betting and gaming through BetMGM, its digital gaming brand.
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