MGM Resorts International (NYSE:MGM – Get Free Report) had its target price upped by analysts at Citigroup from $35.00 to $41.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage presently has a “neutral” rating on the stock. Citigroup’s target price would indicate a potential upside of 9.36% from the company’s current price.
MGM has been the subject of a number of other reports. Stifel Nicolaus lifted their price target on shares of MGM Resorts International from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Friday. The Goldman Sachs Group reiterated a “sell” rating and set a $33.00 target price on shares of MGM Resorts International in a report on Monday, December 15th. UBS Group cut their price objective on MGM Resorts International from $39.00 to $37.00 and set a “neutral” rating on the stock in a research report on Monday, November 17th. Wells Fargo & Company boosted their target price on shares of MGM Resorts International from $29.00 to $31.00 and gave the stock an “underweight” rating in a research report on Friday, January 16th. Finally, Texas Capital upgraded MGM Resorts International to a “strong-buy” rating in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $43.82.
Read Our Latest Stock Report on MGM Resorts International
MGM Resorts International Stock Performance
MGM Resorts International (NYSE:MGM – Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The company reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.96. MGM Resorts International had a net margin of 1.17% and a return on equity of 25.46%. The business had revenue of $4.61 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same period last year, the company posted $0.45 EPS. As a group, research analysts predict that MGM Resorts International will post 2.21 EPS for the current fiscal year.
Insider Activity at MGM Resorts International
In other MGM Resorts International news, major shareholder Iac Inc. purchased 1,098,748 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was acquired at an average cost of $36.30 per share, with a total value of $39,884,552.40. Following the acquisition, the insider owned 65,822,350 shares of the company’s stock, valued at approximately $2,389,351,305. This represents a 1.70% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 3.06% of the company’s stock.
Hedge Funds Weigh In On MGM Resorts International
A number of hedge funds and other institutional investors have recently bought and sold shares of MGM. Corient Private Wealth LLC lifted its stake in MGM Resorts International by 356.6% in the second quarter. Corient Private Wealth LLC now owns 528,526 shares of the company’s stock valued at $18,176,000 after buying an additional 412,767 shares during the last quarter. American Assets Inc. grew its position in shares of MGM Resorts International by 66.7% during the second quarter. American Assets Inc. now owns 30,000 shares of the company’s stock worth $950,000 after acquiring an additional 12,000 shares during the last quarter. WINTON GROUP Ltd acquired a new stake in shares of MGM Resorts International in the 2nd quarter worth about $6,351,000. Wealth Enhancement Advisory Services LLC lifted its position in MGM Resorts International by 109.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 129,115 shares of the company’s stock valued at $4,276,000 after purchasing an additional 67,542 shares during the last quarter. Finally, Permanent Capital Management LP acquired a new position in MGM Resorts International during the 3rd quarter valued at about $738,000. 68.11% of the stock is currently owned by institutional investors and hedge funds.
More MGM Resorts International News
Here are the key news stories impacting MGM Resorts International this week:
- Positive Sentiment: Q4 earnings and revenue topped estimates, driven by strong Macau performance, digital growth and regional casinos; EPS $1.60 vs. consensus ~ $0.63, and consolidated revenue/EBITDA gains. MGM Resorts Q4 Earnings & Revenues Top Estimates, Rise Y/Y
- Positive Sentiment: MGM highlighted full-year and Q4 cash returns from BetMGM (distributed $135M in 4Q25) and sizable share repurchases (15M in 4Q, 37.5M in 2025), which support future EPS and free cash flow per share. MGM Resorts International Reports Fourth Quarter and Full Year 2025 Results
- Positive Sentiment: MGM China reported record 4Q adjusted EBITDA and all-time highs in revenue/market share for 2025, reinforcing Macau as a growth engine for the group. MGM China Reports 2025 Annual Results
- Positive Sentiment: Company reported $17.5B revenue for 2025, signaling underlying scale and recovery outside Las Vegas. MGM Resorts revenue hits $17.5 billion in 2025
- Positive Sentiment: Truist raised its price target from $38 to $39 (hold), reflecting modest analyst support after the quarter. MGM Resorts International Upgraded at Truist Financial
- Neutral Sentiment: Detailed investor materials (earnings presentation and full call transcript) are available for parsing guidance and segment-level metrics. MGM Resorts International Q4 2025 Earnings Call Transcript
- Neutral Sentiment: MGM moved its earnings release earlier (timing change only). MGM Resorts International Updates Earnings Release Date
- Negative Sentiment: Las Vegas/Strip results were weaker in 2025 and the Strip was down in Q4, creating near-term headwinds for MGM’s largest market. MGM Resorts down in Las Vegas in Q4, though CEO remains optimistic
- Negative Sentiment: Analysts flagged questions about costs in Macau despite record EBITDA at MGM China, which could pressure margins if costs persist. MGM China had ‘record’ 4Q EBITDA but ‘questions’ regarding costs: analysts
- Negative Sentiment: Management acknowledged weaker Strip demand in 2025 even as early indicators show improvement — a mixed recovery that could keep investors cautious on near-term Vegas cash flow. MGM sees improving demand indicators following weaker 2025 performance on the Strip
MGM Resorts International Company Profile
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.
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