MGM Resorts International (MGM) Stock Price & Analysis
MGM Resorts International (MGM) closed at USD 29.5 on Thursday, October 22, 2026, up 2.18% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 29.5; the Oct 22, 2026 session ranged USD 28.72–29.71 on volume of 5,373,423 shares. Market capitalization is —, with a 52-week range of USD 27.94–51.59 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:27 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MGM.md
Key facts (MGM)
- Last four reported quarters (through Jun 30, 2026): revenue $17.8B, net income $426M (2.4% margin), free cash flow $1.49B (SEC filings).
- 4 of 80 tracked superinvestors hold MGM (13F, Q2 2026): 0 new, 0 added, 3 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $257K; 1 not under a Rule 10b5-1 plan ($257K); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y -10.8% vs S&P 500 +14.9%; 5Y -38.6% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 0.1, revenue estimate $4.21B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MGM)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $9.68B | $13.1B | $16.2B | $17.2B | $17.5B | $17.8B |
| Operating income | $2.28B | $1.44B | $1.89B | $1.49B | $1.00B | $1.02B |
| Net income | $1.25B | $1.47B | $1.14B | $747M | $206M | $426M |
| EPS (diluted) | $2.41 | $3.49 | $3.19 | $2.40 | $0.76 | — |
| Free cash flow | $883M | $991M | $1.76B | $1.21B | $1.46B | $1.49B |
| Operating margin | 23.5% | 11.0% | 11.7% | 8.6% | 5.7% | 5.7% |
| Net margin | 13.0% | 11.2% | 7.1% | 4.3% | 1.2% | 2.4% |
| Revenue growth | +87.5% | +35.6% | +23.1% | +6.7% | +1.7% | — |
| Cash + short-term investments | $4.70B | $5.91B | $2.93B | $2.42B | $2.06B | — |
| Total debt | $12.8B | $8.72B | $6.34B | $6.36B | $6.23B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MGM)
P/E at fiscal year-ends: Dec 2025 49.1x, Dec 2024 14.4x, Dec 2023 14.0x.
Superinvestors (SEC 13F-HR, Q2 2026) (MGM)
4 of 80 tracked investors hold MGM. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Christopher Davis | Davis Advisors | 4.91% | $1.14B | Reduced -1.6% |
| Mason Hawkins | Southeastern Asset Management | 2.92% | $55.9M | Reduced -29.7% |
| Thomas Gayner | Markel Group | 0.03% | $4.2M | Unchanged |
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $287K | Reduced -7.7% |
Insider sales (SEC Form 4, open-market, last ~7 months) (MGM)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-05-22 | Taylor Daniel J | Director | 6,675 | $257K | 100% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (MGM)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | JP Morgan | Target lowered | Overweight | $53 → $42 |
| 2026-10-20 | Stifel | Target lowered | Hold | $49 → $40 |
| 2026-10-20 | Truist Securities | Target lowered | Buy | $55 → $45 |
| 2026-10-19 | Morgan Stanley | Target lowered | Underweight | $43 → $29 |
| 2026-10-19 | Wells Fargo | Target lowered | Equal-Weight | $48.3 → $29 |
| 2026-10-13 | Macquarie | Maintained | Outperform | $48 |
| 2026-10-12 | Citigroup | Target lowered | Neutral | $48 → $32 |
| 2026-10-09 | Barclays | Target lowered | Equal-Weight | $48 → $37 |
| 2026-10-08 | Susquehanna | Target lowered | Positive | $46 → $41 |
| 2026-10-07 | Macquarie | Target lowered | Outperform | $55 → $48 |
| 2026-09-24 | Macquarie | Maintained | Outperform | $55 |
| 2026-09-24 | Mizuho | Target lowered | Outperform | $60 → $55 |
Total return (dividends reinvested) (MGM)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -10.8% | -38.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -10.8% | -9.3% |
| Volatility (annualized) | 38.5% | 36.7% |
| Max drawdown | -43.8% (Jun 2026→Oct 2026) | -47.2% (Jul 2023→Mar 2025) |
MGM analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.10 | $0.23 | -57.1% | $4.21B | 11 |
| Next quarter (ends Dec 2026) | $0.44 | $0.49 | -10.8% | $4.44B | 11 |
| Current fiscal year (ends Dec 2026) | $1.70 | $1.79 | -4.8% | $17.59B | 14 |
| Next fiscal year (ends Dec 2027) | $1.83 | $2.21 | -17.3% | $17.77B | 14 |
MGM options: expected move
Options price a move of about ±10.3% (±$3.03) by Nov 20, 2026, which includes earnings on Oct 28, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 45.4% | ±10.3% |
| Dec 18, 2026 | 56 | 40.2% | ±12.7% |
| Jan 15, 2027 | 84 | 39.3% | ±15.3% |
| Mar 19, 2027 | 147 | 38.2% | ±19.3% |
| Jun 17, 2027 | 237 | 38.2% | ±24.2% |
| Sep 17, 2027 | 329 | 38.1% | ±28.9% |
30-day implied volatility 43.1% vs 40% realized over the last 30 trading days. Put/call ratio (volume) 1.12. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:27 UTC)
| Price | USD 29.5 |
|---|---|
| Change | ▲ 2.18% (up) |
| Previous Close | USD 29.5 |
| Open | USD 29.5 |
| Day Range | USD 28.72 – 29.71 |
| 52-Week Range | USD 27.94 – 51.59 |
| Volume | 5,373,423 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (MGM)
Nexqual's technical model rates MGM "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:27 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 28.04 (oversold) |
| vs SMA50 | Below (USD 36.63) |
| MACD | -2.24 (negative) |
Earnings (MGM)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 0.1 |
| Revenue Estimate | $4.21B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.59 vs est 0.58 ▲ beat |
| 2026-03-31 | USD 0.49 vs est 0.53 ▼ miss |
| 2025-12-31 | USD 1.6 vs est 0.55 ▲ beat |
| 2025-09-30 | USD 0.24 vs est 0.3 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:27 UTC.
Financials & Fundamentals (MGM)
| Total Revenue | $17.76B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +1.00% |
| Gross Margin | +44.16% |
| Operating Margin | +6.79% |
| Profit Margin | +2.40% |
| ROE | +18.92% |
| Debt / Equity | 8.93 |
| Current Ratio | 1.34 |
| Total Cash | $2.76B |
| Total Debt | $30.16B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $1.49B (8.4% of revenue) |
Source: Nexqual, October 23, 2026 at 09:27 UTC.
Financial Health Score (MGM)
Nexqual rates MGM Resorts International's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:27 UTC.
| Growth | Mixed — Revenue +1.7% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 44%, operating 7% (last 12 months) |
| Balance Sheet | Critical — $2.55B cash and investments vs $6.07B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $1.49B (last 4 quarters to Jun 2026, SEC), 8% margin |
| Efficiency | Solid — ROE 19%, ROA 1.8% |
Ownership (MGM)
| Insider Ownership | +27.98% |
|---|---|
| Institutional Ownership | +68.01% |
| Shares Outstanding | 255.85M |
| Float | 181.01M |
| Short % of Float | +15.87% |
Source: Nexqual, October 23, 2026 at 09:27 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| WYNN | Wynn Resorts, Limited | USD 75.13 | ▼ 0.83% |
| CZR | Caesars Entertainment, Inc. | USD 29.07 | ▲ 0.59% |
| MTN | Vail Resorts, Inc. | USD 148.23 | ▲ 0.83% |
| BYD | Boyd Gaming Corporation | USD 72.27 | ▲ 2.35% |
| RRR | Red Rock Resorts, Inc. | USD 50.43 | ▲ 2.38% |
| VAC | Marriott Vacations Worldwide Co | USD 112.93 | ▼ 0.16% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:27 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt