MGM - MGM Resorts International

NYSE - NYSE Delayed Price. Currency in USD
35.44
-0.12 (-0.34%)
At close: 4:01PM EDT
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Previous Close35.56
Open35.58
Bid0.00 x 0
Ask0.00 x 0
Day's Range35.27 - 35.66
52 Week Range28.57 - 38.41
Volume5,153,366
Avg. Volume8,539,557
Market Cap20.082B
Beta1.57
PE Ratio (TTM)10.56
EPS (TTM)3.36
Earnings DateApr 26, 2018
Forward Dividend & Yield0.48 (1.40%)
Ex-Dividend Date2018-03-08
1y Target Est40.35
Trade prices are not sourced from all markets
  • Caesars Entertainment Is Taking Its Brand Worldwide
    Motley Fool20 hours ago

    Caesars Entertainment Is Taking Its Brand Worldwide

    Dubai will be the next home of a Caesars Palace, but it won't include the casino the company is known for.

  • CNBCyesterday

    Las Vegas embraces solar power as MGM Resorts goes green

    MGM Resorts International MGM has partnered with Chicago-based Invenergy to develop a 100 megawatt (MW) solar array 25 miles north of Las Vegas. The facility, dubbed the MGM-Invenergy Solar Project, will be operational by the end of 2020, Invenergy said in a statement Thursday. MGM Resorts will buy all the energy produced by the facility to help power its 13 properties on the Las Vegas Strip.

  • CNBCyesterday

    Las Vegas embraces solar power as MGM Resorts goes green

    The project will be located 25 miles north of Las Vegas and have a capacity of 100 megawatts.

  • Reutersyesterday

    In Vietnam, a mega casino rises with the help of a Macau junket company

    Along a three-kilometre (2-mile) stretch of coastline in central Vietnam, construction cranes are digging up mounds of sand and rubble where the country's biggest casino is set to open next year. Driving the project is Suncity Group Holdings Ltd, which has made billions luring high-rollers – mainly from China - to the baccarat tables in the Chinese territory of Macau. Vietnam is betting big on developing a gambling industry, targeting the Chinese tourists who have been flocking to the country in recent years.

  • PR Newswire2 days ago

    MGM Resorts International and Invenergy Announce the Development of a 100-Megawatt Solar Array

    LAS VEGAS, April 19, 2018 /PRNewswire/ -- MGM Resorts International (MGM) and Chicago-based Invenergy, North America's largest independent renewable energy company, have partnered on a new solar photovoltaic array, which will generate 100 megawatts of clean, renewable energy. The MGM-Invenergy Solar Project will be located 25 miles north of Las Vegas and MGM Resorts will purchase all the energy generated by the project to help power its 13 properties on the Las Vegas Strip.

  • Wynn Resorts Stock Is 2nd Casino Giant To Enter Buy Zone, But This Is Lacking
    Investor's Business Daily2 days ago

    Wynn Resorts Stock Is 2nd Casino Giant To Enter Buy Zone, But This Is Lacking

    Wynn Resorts moved into buy range while Las Vegas Sands stock jumped Wednesday. Morgan Stanley made bullish comments on both Macau-heavy casino stocks.

  • Should You Buy MGM Resorts International (NYSE:MGM)?
    Simply Wall St.3 days ago

    Should You Buy MGM Resorts International (NYSE:MGM)?

    MGM Resorts International (NYSE:MGM) saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $38.03 and falling to the lows ofRead More...

  • Investopedia4 days ago

    7 Stock Picks With Giant Upside: Goldman

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  • MGM Resorts Inks $328M Deal for Grand Victoria Casino Sale
    Zacks4 days ago

    MGM Resorts Inks $328M Deal for Grand Victoria Casino Sale

    MGM Resorts is likely to receive $162 million from the sale as it only holds 50% stake in the Grand Victoria Casino.

  • Gambling Stock Roundup: MGM Eyes WYNN, PENN & PNK Buyout OK'd, Caesars Deal in Focus
    Zacks4 days ago

    Gambling Stock Roundup: MGM Eyes WYNN, PENN & PNK Buyout OK'd, Caesars Deal in Focus

    MGM Resorts might buy Wynn Resorts, Limited's Boston Harbor resort. Meanwhile, Penn National was given a green signal by The Illinois Gaming Board for the pending buyout of Pinnacle Entertainment.

  • PR Newswire5 days ago

    MGM Resorts International Announces Sale Of Grand Victoria Casino For $327.5 Million

    LAS VEGAS, April 16, 2018 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") (MGM), along with its venture partner, today announced the execution of a definitive agreement to sell the Grand Victoria Casino in Elgin, Illinois, of which a subsidiary of the Company owns a 50% interest, to Eldorado Resorts, Inc. (ERI) for $327.5 million in cash, subject to a working capital adjustment.  MGM Resorts will receive its 50 percent share of the net proceeds after certain transaction costs, or approximately $162 million. The Company acquired its 50 percent interest in Grand Victoria Casino in connection with its acquisition of Mandalay Resort Group in 2005.

  • If Wynn Resorts Is for Sale, Who Would Buy It?
    Motley Fool6 days ago

    If Wynn Resorts Is for Sale, Who Would Buy It?

    Regulations might bar rivals from easily stepping in to acquire the company.

  • Why MGM Resorts Is Eyeing Wynn Boston Harbor Acquisition
    Motley Fool6 days ago

    Why MGM Resorts Is Eyeing Wynn Boston Harbor Acquisition

    If Wynn Resorts is run out of Boston, MGM Resorts could be the beneficiary.

  • Wynn Resorts CEO Maddox Says Boston Casino Sale Possible
    Bloomberg8 days ago

    Wynn Resorts CEO Maddox Says Boston Casino Sale Possible

    Wynn Resorts Ltd. Chief Executive Officer Matt Maddox said he remains committed to finishing the $2.5 billion casino the company is building in the Boston area but also wants to “maximize the value of ...

  • What does it take to get a professional conference banned from Vegas? Ask these physicists
    Quartz8 days ago

    What does it take to get a professional conference banned from Vegas? Ask these physicists

    The city of Las Vegas hosts more than 21,000 conferences a year, gatherings that collectively draw 6.3 million delegates from around the world to gamble, drink, and frolic between program sessions. Hosting a convention in Las Vegas is a win-win for organizers and city officials alike. The organization gets to dangle the venial delights of…

  • The Wall Street Journal8 days ago

    [$$] Wynn Resorts in Early Talks to Sell Boston-Area Casino Project to MGM

    Wynn Resorts has been in talks to sell its partially built Boston-area casino project to rival MGM Resorts International, as Massachusetts regulators continue their investigation into the company’s handling ...

  • Wynn Resorts Discuss Boston-Area Casino Sale With MGM
    Bloomberg9 days ago

    Wynn Resorts Discuss Boston-Area Casino Sale With MGM

    Wynn Resorts Ltd., reeling from allegations of sexual misconduct by its founder, discussed a possible sale of its $2.5 billion casino under construction in the Boston area with MGM Resorts International, ...

  • Reuters9 days ago

    Wynn Resorts in talks to sell Boston Harbor property to MGM - WSJ

    Casino operator Wynn Resorts Ltd is in talks to sell its partially built Boston Harbor resort to rival MGM Resorts International, the Wall Street Journal reported https://www.wsj.com/articles/wynn-resorts-in-early-talks-to-sell-boston-area-casino-project-to-mgm-1523556165?mod=searchresults&page=1&pos=1, citing people familiar with the matter. The Boston Harbor resort is scheduled to open next year and would cost about $2.5 billion to build. A spokesman for MGM said while the company was committed to the "opening and success of MGM Springfield", it does not comment on rumor or speculation.

  • Wynn Resorts reportedly exploring sale of Everett resort to MGM
    American City Business Journals9 days ago

    Wynn Resorts reportedly exploring sale of Everett resort to MGM

    The Wall Street Journal report said the talks concern solely the Wynn Boston Harbor property in Everett “and no other parts of the company’s gambling empire.”

  • Reuters9 days ago

    BRIEF-Wynn Resorts In Early Talks To Sell Boston-Area Casino Project To MGM- WSJ

    April 12 (Reuters) - * WYNN RESORTS IN EARLY TALKS TO SELL BOSTON-AREA CASINO PROJECT TO MGM - WSJ, CITING SOURCES Source text: https://on.wsj.com/2GSw5be Further company coverage:

  • Barrons.com11 days ago

    Casinos: Macau Can Still Wow

    Macau gaming tax revenue was up nearly 25% in the first two months of the year, and Jefferies’ David Katz writes that his research shows that April gross gaming revenue (GGR) trends are off to a solid start—not that the market will be paying much attention. For his part, Instient’s Harry Curtis is also upbeat about Macau’s recent performance. Curtis is still modeling for 18% GGR growth for April as a whole, some 150 basis points above the Street average, and calls Wynn, MGM, and Melco Resorts (MLCO) more attractive than Las Vegas Sands on an average 2019 earnings before interest, taxes, depreciation and amortization basis.

  • Why MGM Resorts Would Be the Perfect Buyer for Wynn Resorts
    Motley Fool11 days ago

    Why MGM Resorts Would Be the Perfect Buyer for Wynn Resorts

    Look at MGM's existing relationships in Wynn's markets.

  • Is MGM Resorts Mulling Over the Wynn Resorts Acquisition?
    Zacks12 days ago

    Is MGM Resorts Mulling Over the Wynn Resorts Acquisition?

    In February, James Murren, MGM Resorts' (MGM) CEO, stated that the company does not intend to acquire Wynn Resorts.

  • China’s Property Tycoons Bet Big on Gambling in Hainan
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    China’s Property Tycoons Bet Big on Gambling in Hainan

    In China’s southernmost province of Hainan, inside a glittering skyscraper shaped like a sail, Zeng Xianyun has been waiting for Xi Jinping, in more ways than one.

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