MGM Resorts International (MGM) Projected to Post Quarterly Earnings on Wednesday

MGM Resorts International (NYSE:MGM) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect MGM Resorts International to announce earnings of $0.5620 per share and revenue of $4.4283 billion for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

MGM Resorts International (NYSE:MGM) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.07). MGM Resorts International had a net margin of 1.03% and a return on equity of 24.43%. The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same period in the prior year, the company posted $0.69 EPS. MGM Resorts International’s quarterly revenue was up 4.2% on a year-over-year basis. On average, analysts expect MGM Resorts International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

MGM Resorts International Price Performance

Shares of NYSE:MGM opened at $45.73 on Wednesday. MGM Resorts International has a one year low of $29.18 and a one year high of $51.59. The stock has a fifty day moving average of $45.11 and a 200-day moving average of $39.44. The company has a market capitalization of $11.70 billion, a PE ratio of 63.52 and a beta of 1.29. The company has a debt-to-equity ratio of 1.93, a quick ratio of 1.30 and a current ratio of 1.33.

Insider Transactions at MGM Resorts International

In other news, Director Daniel J. Taylor sold 6,675 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $38.44, for a total value of $256,587.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 3.38% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. AQR Capital Management LLC lifted its stake in MGM Resorts International by 202.5% in the 3rd quarter. AQR Capital Management LLC now owns 8,446,982 shares of the company’s stock worth $292,772,000 after acquiring an additional 5,654,757 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in MGM Resorts International by 81.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 7,642,060 shares of the company’s stock valued at $264,874,000 after acquiring an additional 3,429,946 shares in the last quarter. Samlyn Capital LLC acquired a new position in shares of MGM Resorts International in the 3rd quarter valued at about $62,787,000. Suvretta Capital Management LLC acquired a new position in shares of MGM Resorts International in the 4th quarter valued at about $43,864,000. Finally, Corient Private Wealth LLC lifted its position in shares of MGM Resorts International by 235.1% in the fourth quarter. Corient Private Wealth LLC now owns 932,610 shares of the company’s stock worth $34,031,000 after purchasing an additional 654,328 shares in the last quarter. 68.11% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MGM. Jefferies Financial Group reaffirmed a “hold” rating on shares of MGM Resorts International in a research report on Thursday, July 2nd. Mizuho decreased their price target on MGM Resorts International from $62.00 to $59.00 and set an “outperform” rating for the company in a research report on Monday, April 27th. Susquehanna lifted their price target on MGM Resorts International from $45.00 to $50.00 and gave the stock a “positive” rating in a research note on Monday, June 1st. UBS Group set a $48.00 price objective on MGM Resorts International in a report on Thursday, July 2nd. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of MGM Resorts International in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $52.31.

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.