MGM Resorts (MGM)

On 12 Nov 2026 MGM Resorts closed at $33.24, -8.9% this year; market cap $8.38bn, P/E 12.1.

About

Consumer Discretionary · Casinos & Gaming · NYSE · United States

MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. Its casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. The company's 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.

Key figures

Market cap$8.38bn
P/E (trailing)12.1
EPS (TTM)$2.76
Beta1.32
Dividend$0.00
Dividend yield0.00%
Ex-dividend date8 Dec 2022
Latest report28 Oct 2026
Next earnings27 Jan 2027

Performance

YTD-8.9%
1Y+0.2%
3Y-4.3%
5Y-5.9%

Financials

YearRevenueNet incomeFree cash flow
2025$17.54bn$206.25m$1.67bn
2024$17.24bn$746.56m$1.21bn
2023$16.16bn$1.14bn$1.77bn
2022$13.13bn$1.47bn$1.00bn
2021$9.68bn$1.25bn$882.73m

Valuation

We publish no single base value for MGM Resorts. Our valuation methods put it between $12.41 and $69.07 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate. See every method

Options

Call and put prices: our price for each next to the market's.

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Data as of 12 Nov 2026. Not investment advice.