MGM - MGM Resorts International

NYSE - NYSE Delayed Price. Currency in USD

30.07

-0.24 (-0.79%)

At close: 4:01PM EDT

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Previous Close	30.31
Open	30.63
Bid	28.25 x 2200
Ask	31.00 x 4000
Day's Range	30.01 - 30.72
52 Week Range	29.53 - 38.41
Volume	9,519,210
Avg. Volume	9,858,380

Market Cap	16.743B
Beta	1.58
PE Ratio (TTM)	8.88
EPS (TTM)	3.39
Earnings Date	Jul 25, 2018 - Jul 30, 2018
Forward Dividend & Yield	0.48 (1.52%)
Ex-Dividend Date	2018-06-07
1y Target Est	38.76

Trade prices are not sourced from all markets

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News

Press Releases

Zacks3 days ago
Stay Cheerful During World Cup: 4 Casino Stocks in Focus
With gamblers splurging online in the wake of FIFA World Cup and the recent court ruling on betting law, a few casino bigwigs seem to optimize opportunities to scale the growth ladder.
Simply Wall St.4 days ago
How Did MGM Resorts International’s (NYSE:MGM) 18.38% ROE Fare Against The Industry?
This article is intended for those of you who are at the beginning of your investing journey and want to better understand how you can grow your money by investingRead More...
Market Realist5 days ago
S&P 500’s Top Losses: Why MGM Resorts International Declined
The S&P 500’s top losses on June 19 were: MGM Resorts International (MGM) declined 4.5%. Xylem (XYL) declined 3.9%. General Motors (GM) declined 3.9%. Boeing (BA) declined 3.8%. Mattel (MAT) declined 3.8%. MGM Resorts International
Motley Fool5 days ago
Wynn Resorts' New CEO Faces Test With $2.5 Billion Boston Project
It won't be easy to open Wynn's next resort, but the payoff could be worth it.
Associated Press5 days ago
Unionized MGM workers in Las Vegas ratify contract
Thousands of unionized workers at Las Vegas casino-resorts operated by MGM Resorts International, including Bellagio, Aria and Mandalay Bay, approved a new five-year contract Tuesday. The contract includes wage increases, new paid bereavement leave and stronger protections against sexual harassment for 24,000 bartenders, housekeepers, food servers and other members of the Culinary Union. The union later reached a tentative agreement with operator Caesars Entertainment and a separate deal with MGM.
PR Newswire6 days ago
MGM Resorts International Named to The Civic 50 List as One of the Most Community-Minded Companies in the Country by Points of Light
LAS VEGAS, June 19, 2018 – MGM Resorts International has been named one of the top companies for volunteerism in our nation – The Civic 50 – by Points of Light, the world's largest organization dedicated to volunteer service. The award recognizes MGM Resorts International as one of the 50 most community-minded companies in the United States. The Civic 50 winners were announced today at Service Unites 2018, Points of Light's annual conference on volunteering and service in Atlanta, where leaders from across sectors gathered to discuss social innovation, civic engagement and cross-sector collaboration.
PR Newswire6 days ago
Los Angeles' Houston Hospitality to Open First Las Vegas Nightlife Venue at Park MGM
LAS VEGAS, June 19, 2018 /PRNewswire/ -- Los Angeles-based Houston Hospitality, founded by trendsetting fraternal twin brothers Jonnie and Mark Houston, will redefine the Las Vegas Strip's nightlife landscape with the Dec. 31, 2018 opening of On The Record at Park MGM. After conceiving and operating numerous successful venues in Los Angeles over the past 10 years, including hotspots Break Room 86, Black Rabbit Rose, No Vacancy, Good Times at Davey Wayne's, and La Descarga, among others, On The Record (OTR) will be the Houstons' first Las Vegas venture.
PR Newswire7 days ago
MGM Resorts International Completes $1.0 Billion Senior Notes Offering
LAS VEGAS, June 18, 2018 /PRNewswire/ -- MGM Resorts International (the "Company") (MGM) today announced that it has completed its previously announced issuance of $1.0 billion in aggregate principal amount of 5.750% senior notes due 2025, which were issued at par. The Company intends to use the net proceeds from the offering of the notes for general corporate purposes, which could include refinancing existing indebtedness, funding a portion of the cost of acquisitions the Company consummates, paying dividends on common stock or repurchasing common stock in accordance with the Company's share repurchase program. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments. Statements in this release that are not historical facts are "forward-looking" statements and "safe harbor statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including those described in the Company's public filings with the SEC.
PR Newswire7 days ago
Scott Butera Joins MGM Resorts International as President of Interactive Gaming
LAS VEGAS, June 18, 2018 /PRNewswire/ -- MGM Resorts International today announced that Scott Butera has joined the company as President of Interactive Gaming as the company moves quickly to advance its position as an industry leader in the growing market of sports betting. In this role, Butera will provide strategic leadership on the development for interactive gaming – which includes sports betting and skill-based gaming opportunities.
ACCESSWIRE7 days ago
Initiating Free Research Reports on MGM Resorts International and Three Other Resorts & Casinos Equities
Stock Research Monitor: MLCO, NCLH, and PENN LONDON, UK / ACCESSWIRE / June 18, 2018/ If you want a free Stock Review on MGM sign up now at www.wallstequities.com/registration . On Friday, benchmark US ...
PR Newswire10 days ago
Artist Candy Chang, known for public exhibit "Before I Die," will speak at the Women's Leadership Conference in Las Vegas
LAS VEGAS, June 14, 2018 /PRNewswire/ -- World-renowned artist and urban designer Candy Chang will speak about love, loss and fulfilling goals at The MGM Resorts Foundation's 12th annual Women's Leadership Conference (WLC). The conference will be held Aug. 27-28 at MGM Grand Conference Center in Las Vegas, NV.
PR Newswire11 days ago
MGM Resorts International's Borgata Hotel Casino & Spa Leads The Way As New Jersey And Nation Enter New Era Of Sports Wagering Entertainment
Borgata becomes first Atlantic City casino to accept sports wager as basketball legend Julius "Dr. J" Erving makes history (again) ATLANTIC CITY, N.J. , June 14, 2018 /PRNewswire/ -- MGM Resorts ...
PR Newswire11 days ago
MGM Resorts International Prices $1,000,000,000 In Senior Notes
LAS VEGAS, June 14, 2018 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has priced an upsized public offering of $1,000,000,000 in aggregate principal amount of 5.750% senior notes due 2025 at par. The offering of the notes was upsized from the originally announced aggregate principal amount of $500,000,000. The transaction is expected to close on June 18, 2018, subject to customary closing conditions. The Company intends to use the net proceeds from the offering of the notes for general corporate purposes, which could include refinancing existing indebtedness, funding a portion of the cost of acquisitions the Company consummates, paying dividends on common stock or repurchasing common stock in accordance with the Company's share repurchase program. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments.
PR Newswire11 days ago
IGT Powering Retail Sports Betting at MGM Resorts International's Borgata Hotel Casino & Spa as Legalized Sports Betting Opens in New Jersey
LONDON , June 14, 2018 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that MGM Resorts International ("MGM Resorts") (NYSE: MGM) is utilizing ...
PR Newswire11 days ago
Borgata Hotel Casino & Spa Leads the Way as New Jersey Enters New Era of Sports Entertainment
ATLANTIC CITY, N.J., June 14, 2018 /PRNewswire/ -- Today Borgata Hotel Casino & Spa became the first Atlantic City casino to accept a legal sports wager under new sports betting regulations in New Jersey. The historic wager comes just three days after New Jersey Governor Phil Murphy signed a bill passed unanimously by the State Legislature, creating a regulated environment where licensed casinos may establish legal sports books.
Moody's11 days ago
MGM Resorts International -- Moody's assigns Ba3 to MGM Resorts' $500 sr unsecured note offering
Moody's Investors Service assigned a Ba3 rating to MGM Resorts International's proposed $500 million senior unsecured notes due 2025. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
PR Newswire11 days ago
MGM Resorts International Announces Proposed Senior Notes Offering
LAS VEGAS, June 14, 2018 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it proposes to offer $500,000,000 in aggregate principal amount of senior notes due 2025. The Company intends to use the net proceeds from the offering of the notes for general corporate purposes, which could include refinancing existing indebtedness, funding a portion of the cost of acquisitions the Company consummates, paying dividends on common stock or repurchasing common stock in accordance with the Company's share repurchase program. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments. The notes being offered will be general unsecured senior obligations of the Company, guaranteed by substantially all of the Company's wholly owned domestic subsidiaries that guarantee the Company's other senior indebtedness, and equal in right of payment with all existing or future senior unsecured indebtedness of the Company and each guarantor.
GlobeNewswire13 days ago
Report: Developing Opportunities within Cimarex Energy, MSCI, Prestige Brand, MGM Resorts International, Discover Financial Services, and First Republic Bank — Future Expectations, Projections Moving into 2018
NEW YORK, June 12, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cimarex ...
American City Business Journals14 days ago
MGM National Harbor names the permanent replacement for Marcus
Marcus Samuelsson’s Southern and Ethiopian-tinged restaurant closed at the casino earlier this year.
Reuters14 days ago
Authorities across Asia battle illegal gambling surge ahead of World Cup
Law enforcement and regulatory forces in Asia say they are gearing up to fight illegal gambling operators who have ramped up activities in the region ahead of the World Cup, making use of savvy technology and cryptocurrencies to evade prosecution. Illegal gambling on the cup is prevalent in countries like Thailand and Malaysia, where football is hugely popular, but which don't have legal betting alternatives, gambling industry experts say.
Markit17 days ago
See what the IHS Markit Score report has to say about MGM Resorts International.
MGM Resorts International NYSE:MGM
Motley Fool18 days ago
Sports Betting Legalization Gets MGM Resorts to Reconsider Expansion
The casino operator has made a big bet on the lucrative New York sports market.
PR Newswire18 days ago
Wolfgang Puck Debuts Spago Overlooking Bellagio Fountains
LAS VEGAS, June 7, 2018 /PRNewswire/ -- When Wolfgang Puck's legendary Spago opened 25 years ago in Las Vegas, the level of influence he and the restaurant would have on the city was unimaginable. The revolutionary restaurant is recognized for igniting Las Vegas's dining scene into a culinary epicenter. Wolfgang's relentless drive to transform continues today as the chef debuts the new Spago Las Vegas at Bellagio Resort & Casino, bringing two internationally renowned brands together.
CNBC Videos18 days ago
Traders roll the dice on this gaming stock. Plus, bulls p...
"Halftime Report" traders Jon and Pete Najarian spot unusual options activity in MGM Resorts and Square.