MGM Resorts International (NYSE:MGM – Get Free Report) had its price target boosted by investment analysts at Macquarie from $45.00 to $46.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Macquarie’s target price suggests a potential upside of 26.96% from the stock’s previous close.
A number of other research analysts also recently issued reports on MGM. Stifel Nicolaus set a $45.00 target price on shares of MGM Resorts International in a research report on Thursday, October 30th. Zacks Research raised MGM Resorts International from a “strong sell” rating to a “hold” rating in a research note on Monday, December 22nd. Texas Capital upgraded shares of MGM Resorts International to a “strong-buy” rating in a report on Thursday, January 8th. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $33.00 price objective on shares of MGM Resorts International in a research report on Monday, December 15th. Finally, Wells Fargo & Company boosted their target price on MGM Resorts International from $29.00 to $31.00 and gave the stock an “underweight” rating in a research note on Friday, January 16th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $43.79.
Read Our Latest Stock Report on MGM
MGM Resorts International Stock Down 1.9%
MGM Resorts International (NYSE:MGM – Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.97. MGM Resorts International had a net margin of 0.40% and a return on equity of 17.23%. The firm had revenue of $4.61 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same period in the prior year, the company posted $0.45 EPS. On average, equities analysts predict that MGM Resorts International will post 2.21 EPS for the current fiscal year.
Insiders Place Their Bets
In other MGM Resorts International news, major shareholder Iac Inc. bought 1,098,748 shares of the stock in a transaction on Friday, December 5th. The shares were acquired at an average price of $36.30 per share, with a total value of $39,884,552.40. Following the acquisition, the insider directly owned 65,822,350 shares of the company’s stock, valued at $2,389,351,305. The trade was a 1.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.06% of the company’s stock.
Institutional Investors Weigh In On MGM Resorts International
A number of hedge funds have recently made changes to their positions in MGM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in MGM Resorts International by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,652 shares of the company’s stock worth $582,000 after acquiring an additional 951 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of MGM Resorts International by 12.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,893 shares of the company’s stock worth $115,000 after buying an additional 421 shares during the last quarter. Woodline Partners LP increased its stake in shares of MGM Resorts International by 39.1% during the first quarter. Woodline Partners LP now owns 18,901 shares of the company’s stock valued at $560,000 after buying an additional 5,312 shares during the period. Valeo Financial Advisors LLC bought a new position in shares of MGM Resorts International during the second quarter valued at approximately $236,000. Finally, Callan Family Office LLC bought a new stake in MGM Resorts International in the second quarter valued at $545,000. 68.11% of the stock is currently owned by institutional investors.
MGM Resorts International News Summary
Here are the key news stories impacting MGM Resorts International this week:
- Positive Sentiment: Q4 beat — MGM reported Q4 revenue of $4.61B and EPS of $1.60, well above consensus, with Consolidated Adjusted EBITDA up ~20% and net income rising sharply, signaling margin improvement and stronger cash generation. MGM Q4 & FY 2025 Results
- Positive Sentiment: BetMGM cash returns — BetMGM distributed $135M to MGM in 4Q25 and Entain/BetMGM returns signal a pathway for future JV cash flows that reduce capital strain and support earnings upside. MGM Q4 & FY 2025 Results
- Positive Sentiment: Aggressive buybacks & balance sheet moves — Company repurchased 15M shares in 4Q and 37.5M in 2025 (~48% fewer shares since 2021), supporting EPS and shareholder value. MGM Q4 & FY 2025 Results
- Positive Sentiment: Analyst upgrade — Truist upgraded MGM, adding momentum to the stock after the strong quarter and improved outlook. Truist Upgrade
- Neutral Sentiment: Full‑year scale — MGM reported ~ $17.5B revenue for 2025, showing portfolio breadth (Las Vegas, regional, China) but mixed geography performance. Useful for longer‑term revenue visibility. 2025 Revenue $17.5B
- Neutral Sentiment: MGM China strong results — MGM China reported record 2025 revenue and adjusted EBITDA, boosting the group’s Macau exposure, though the impact to MGM corporate is via its stake/jv arrangements. MGM China 2025 Results
- Negative Sentiment: Cost questions at MGM China — Despite record EBITDA, analysts flagged unusual cost items and asked for clarity on sustainability of margins, introducing near‑term uncertainty for Macau earnings quality. Analysts Question MGM China Costs
- Negative Sentiment: Las Vegas headwinds & structural risk — Coverage notes Las Vegas resort revenue softened in 2025 and rising online sports betting creates a long‑term margin/traffic risk for brick‑and‑mortar casinos that investors should monitor. Las Vegas Revenue Context
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.
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