MGM - MGM Resorts International

NYSE - NYSE Delayed Price. Currency in USD
25.89
-0.64 (-2.41%)
At close: 4:00PM EDT
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Previous Close26.53
Open26.15
Bid25.60 x 1100
Ask25.91 x 3200
Day's Range25.81 - 26.46
52 Week Range21.62 - 32.88
Volume7,548,947
Avg. Volume6,751,455
Market Cap13.908B
Beta (3Y Monthly)1.08
PE Ratio (TTM)55.09
EPS (TTM)0.47
Earnings DateJul 31, 2019 - Aug 5, 2019
Forward Dividend & Yield0.52 (1.95%)
Ex-Dividend Date2019-06-07
1y Target Est33.44
Trade prices are not sourced from all markets
  • Reuters2 days ago

    Wynn Resorts in talks to sell $2.6 billion Massachusetts casino to MGM

    Las Vegas-based Wynn received its Massachusetts license in 2013, allowing it to go ahead with building the 671-room Encore Boston Harbor in Everett, Massachusetts. A deal would be complicated for MGM, which has a casino in Springfield, as according to the state's gaming commission Massachusetts forbids companies from holding more than one casino license in the state. The Massachusetts Gaming Commission had in April fined Wynn Resorts $35 million for not disclosing sexual misconduct allegations against founder and former chief executive officer Steve Wynn, but allowed the casino operator to keep its license.

  • Reuters2 days ago

    Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM

    Las Vegas-based Wynn received its Massachusetts license in 2013, allowing it to go ahead with building the 671-room Encore Boston Harbor in Everett, Massachusetts. A deal would be complicated for MGM, which has a casino in Springfield, as according to the state's gaming commission Massachusetts forbids companies from holding more than one casino license in the state. The Massachusetts Gaming Commission had in April fined Wynn Resorts $35 million for not disclosing sexual misconduct allegations against founder and former chief executive officer Steve Wynn, but allowed the casino operator to keep its license.

  • Wynn and MGM in talks about sale of Encore Boston casino
    Associated Press2 days ago

    Wynn and MGM in talks about sale of Encore Boston casino

    Wynn Resorts and MGM Resorts International said in a joint statement they've engaged in conversations about the potential sale of Encore Boston Harbor. This comes as Wynn is about to open the $2.6 billion Everett, Massachusetts, casino. The companies say the talks won't delay the Everett opening scheduled for next month.

  • Associated Press2 days ago

    Business Highlights

    A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices in opposite directions and creating uncertainty over where they might land. Deteriorating trade talks between the United States and China have threatened to drive down the cost of oil and gasoline. WASHINGTON (AP) -- Caught in a sprawling trade dispute with U.S. rival China, President Donald Trump has decided against declaring commercial war on America's friends.

  • Wynn Resorts in talks to sell Encore Boston Harbor to MGM
    American City Business Journals2 days ago

    Wynn Resorts in talks to sell Encore Boston Harbor to MGM

    With just 37 days to go before a scheduled opening, Wynn Resorts Ltd. (Nasdaq: WYNN) is considering selling its $2.6 billion Encore Boston Harbor resort in Everett to fellow Las Vegas-based gambling empire MGM Resorts International (NYSE: MGM). “Over the past several weeks, we have engaged in conversations around the potential sale of Encore Boston Harbor,” the companies said in a joint statement. As of the close of markets Friday, shares of Wynn fell 4.6 percent, while MGM stock was down 2.4 percent.

  • Sony launches buyback plan, Baidu reports loss, MGM Resorts may pay big
    Yahoo Finance2 days ago

    Sony launches buyback plan, Baidu reports loss, MGM Resorts may pay big

    Sony, Baidu, MGM Resorts and Nissan are the companies to watch.

  • Rolling the Dice on Casino Stocks Amid Trade War
    Investopedia2 days ago

    Rolling the Dice on Casino Stocks Amid Trade War

    Casino stocks have come under pressure as trade war tension threaten Macau revenue. Charts suggest it may be time to make a play.

  • MGM might pay $800 million in Las Vegas shooting settlement
    Associated Press3 days ago

    MGM might pay $800 million in Las Vegas shooting settlement

    LAS VEGAS (AP) — Casino giant MGM Resorts told federal regulators Thursday it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern U.S. history.

  • MGM Resorts estimates it may pay up to $800 million in settlement over Las Vegas mass shooting
    MarketWatch3 days ago

    MGM Resorts estimates it may pay up to $800 million in settlement over Las Vegas mass shooting

    Casino giant MGM Resorts has told federal regulators it thinks it might pay up to $800 million to settle liability lawsuits stemming from the October 2017 mass shooting that became the deadliest in modern U.S. history.

  • PR Newswire3 days ago

    MGM Resorts International Ranked on Military Times' Best for Vets: Employers 2019 List

    LAS VEGAS, May 16, 2019 /PRNewswire/ -- MGM Resorts International has been recognized as a leading employer for culture, recruitment and policies for veterans, service members and military families by Military Times. MGM Resorts is the only hospitality company based in Nevada to be included on the list.

  • What Is MGM Resorts International's (NYSE:MGM) Share Price Doing?
    Simply Wall St.3 days ago

    What Is MGM Resorts International's (NYSE:MGM) Share Price Doing?

    Today we're going to take a look at the well-established MGM Resorts International (NYSE:MGM). The company's stock...

  • MGM Springfield's April gambling revenue dips 15 percent
    American City Business Journals4 days ago

    MGM Springfield's April gambling revenue dips 15 percent

    MGM Springfield reported $21.8 million in gross gambling revenue in April, the $1 billion casino’s ninth month of operation.

  • PR Newswire5 days ago

    Michelle Poler, Founder Of Hello Fears Social Movement Empowering Millions To Tap Into Their Full Potential, Will Speak At Las Vegas Women's Leadership Conference

    The conference will be held Aug. 5-6 at MGM Grand Hotel & Casino in Las Vegas, NV. "We are excited to have Michelle share her motivational insights with our attendees," said Phyllis A. James, the company's Executive Vice President and Chief Corporate Responsibility Officer.

  • What's Next for DIS Stock Amid Disney, ESPN & Hulu Streaming TV Push?
    Zacks5 days ago

    What's Next for DIS Stock Amid Disney, ESPN & Hulu Streaming TV Push?

    Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into Disney's (DIS) future as the company embarks on its streaming TV journey to challenge Netflix (NFLX) and Amazon Prime (AMZN).

  • Markit5 days ago

    See what the IHS Markit Score report has to say about MGM Resorts International.

    MGM Resorts International NYSE:MGMView full report here! Summary * Perception of the company's creditworthiness is neutral but weakening * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for MGM with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MGM totaled $8.59 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator with a weakening bias over the past 1-month. Although MGM credit default swap spreads are rising, indicating the market's more negative perception of the company's credit worthiness, they are still comfortably within the range of the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Borgata Hotel Casino & Spa Launches Sports Wagering Platform BorgataSports.com
    PR Newswire5 days ago

    Borgata Hotel Casino & Spa Launches Sports Wagering Platform BorgataSports.com

    Bet on sports anywhere in New Jersey with new website and mobile app ATLANTIC CITY, N.J. , May 14, 2019 /PRNewswire/ --  Borgata Hotel Casino & Spa  announced today the introduction of its new digital ...

  • Boyd Gaming's YTD Shares Surge 36.5%: More Room for Growth?
    Zacks5 days ago

    Boyd Gaming's YTD Shares Surge 36.5%: More Room for Growth?

    Boyd Gaming (BYD) relies on expansion and acquisition to drive top-line growth while high debt level is a pressing concern.

  • Barrons.com5 days ago

    MGM Stock Has Stalled, but Director Paul Salem Bets Millions It Will Come Back

    Paul Salem, senior managing director emeritus of private equity firm Providence Equity Partners, bought $20.3 million of the casino giant’s stock last week.

  • 10 Blue Chip Stocks With Biggest Exposure To China Tariffs
    Investopedia6 days ago

    10 Blue Chip Stocks With Biggest Exposure To China Tariffs

    A large number of large American corporations have based their revenue growth strategies on expanding dramatically in China, a market of seemingly limitless growth and a population of 1.4 billion - more than four times bigger than the U.

  • Benzinga7 days ago

    Notable Insider Buys This Past Week: Annaly Capital, MGM and More

    Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. MGM Resorts International (NYSE: MGM) saw a director last week acquire 80,000 shares of this Las Vegas-based hospitality and entertainment company. At share prices ranging from $25.07 to $25.69, the transaction totaled more than $20.32 million.

  • PR Newswire10 days ago

    MGM Resorts International Announces Founding Sponsorship Of Nonprofit Foundation To Advance Gender Equality

    LAS VEGAS, May 9, 2019 /PRNewswire/ -- Today MGM Resorts International announced that it will serve as founding sponsor of a newly formed nonprofit Foundation for Women's Leadership & Empowerment, dedicated to women's leadership education and empowerment. The new foundation is expected to expand the footprint of the successful Annual Women's Leadership Conference, historically presented by The MGM Resorts Foundation in Las Vegas to other cities around the country.

  • Wynn exploring sale of Encore Boston Harbor to MGM
    CNBC Videos2 days ago

    Wynn exploring sale of Encore Boston Harbor to MGM

    CNBC's Contessa Brewer reports on news that Wynn is looking to selling Encore Boston Harbor. The company recently faced a $35 million fine from the Boston gaming commission after allegations that the company ignored numerous reports of sexual misconduct by former CEO Steve Wynn.

  • News on the Move: MGM Will Pay Up, Same-Sex Marriage Legalized in Taiwan, Grumpy Cat Passes Away
    Yahoo Finance Video2 days ago

    News on the Move: MGM Will Pay Up, Same-Sex Marriage Legalized in Taiwan, Grumpy Cat Passes Away

    Yahoo Finance's Adam Shapiro runs through today's top headlines.