MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
IPO Year:
Exchange: NYSE
Website: mgmresorts.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/23/2025 | $38.00 | Neutral | Analyst |
| 2/14/2025 | $50.00 | Hold → Buy | Argus |
| 2/3/2025 | Buy → Neutral | BTIG Research | |
| 7/3/2024 | $52.00 | Buy | BTIG Research |
| 5/2/2024 | $54.00 | Neutral → Positive | Susquehanna |
| 4/15/2024 | $56.00 | Buy | Seaport Research Partners |
| 3/26/2024 | $61.00 | Buy | Mizuho |
| 10/23/2023 | $49.00 | Buy | HSBC Securities |
| 10/12/2023 | $50.00 | Overweight | CapitalOne |
| 7/14/2023 | $47.00 → $48.00 | Equal-Weight | Morgan Stanley |
Analyst initiated coverage of MGM Resorts with a rating of Neutral and set a new price target of $38.00
Argus upgraded MGM Resorts from Hold to Buy and set a new price target of $50.00
BTIG Research downgraded MGM Resorts from Buy to Neutral
BTIG Research initiated coverage of MGM Resorts with a rating of Buy and set a new price target of $52.00
Susquehanna upgraded MGM Resorts from Neutral to Positive and set a new price target of $54.00
Seaport Research Partners initiated coverage of MGM Resorts with a rating of Buy and set a new price target of $56.00
Mizuho initiated coverage of MGM Resorts with a rating of Buy and set a new price target of $61.00
HSBC Securities initiated coverage of MGM Resorts with a rating of Buy and set a new price target of $49.00
CapitalOne initiated coverage of MGM Resorts with a rating of Overweight and set a new price target of $50.00
Morgan Stanley reiterated coverage of MGM Resorts with a rating of Equal-Weight and set a new price target of $48.00 from $47.00 previously