MGM RESORTS INTERNATIONAL |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 40.04 USD | -1.48% |
|
+0.73% | -10.38% |
| 02:07pm | HSBC Adjusts Price Target on MGM Resorts International to $54 From $53 | MT |
| 02:04pm | Morgan Stanley Adjusts Price Target on MGM Resorts International to $47 From $46 | MT |
Presenter SpeechJoseph Greff (Analysts)Good morning, everybody. Leading off at today's confere...
This article is reserved for subscribers
Signed up already?
Log InNot subscribed yet?
Subscribe
MGM Resorts International is one of the world's leading casino operators. At the end of 2021, the group operates 19 casino hotels in the United States (17; Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, Excalibur, New York-New York, Monte Carlo, Circus Circus Las Vegas, Aria, etc.) and in China (2; MGM Macau and MGM Cotai). Additionally, the group owns 50% of CityCenter and 50% of Greater Victoria. Net sales break down by activity as follows:
- casinos operation (55.4%): 29,382 slot machines and 1,936 gaming tables operated at the end of 2021;
- hotel operation (17.5%): operation of 45,157 hotel rooms (including 31,098 hotel rooms in the United States);
- catering (14.4%);
- operation of leisure sites and stores (10.4%);
- other (2.3%).
Net sales are distributed geographically as follows: the United States (87.5%) and China (12.5%).
Sector
Casinos & Gaming
Calendar
2024-07-30
- Q2 2024 Earnings Release (Projected)
Related indices
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
20
Last Close Price
40.04
USD
Average target price
56.35
USD
Spread / Average Target
+40.73%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.38% | 12.56B | |
| -4.96% | 34.85B | |
| +5.09% | 10.64B | |
| -12.50% | 7.79B | |
| +19.03% | 2.6B | |
| -3.19% | 2.3B | |
| +5.08% | 2.06B | |
| 0.00% | 1.53B | |
| +14.20% | 1.43B | |
| -0.55% | 1.29B |
- Stock Market
- Equities
- MGM Stock
- News MGM Resorts International
- Transcript : MGM Resorts International Presents at J.P. Morgan Gaming, Lodging, Restaurant, and Leisure Management Access Forum, Mar-14-2023 08