MGM Resorts (MGM) Stock Price, Fundamentals & Analysis

What MGM does

MGM Resorts (MGM) is a gaming and entertainment company that operates casino resorts and online platforms in the United States, China, and internationally. Through its Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital segments, it offers slots, table games, hotel stays, conventions, dining, and live entertainment, as well as online sports betting and iGaming via BetMGM. The company, formerly known as MGM MIRAGE, is part of the S&P 500 and sits in the Consumer Cyclical sector alongside peers such as Expedia Group (EXPE) and Airbnb (ABNB).

Key numbers explained

• 37.85 USD is the current share price, the amount you would pay for one share right now.
• The trailing P/E ratio of 22.9 shows how much investors pay per dollar of the last 12 months' earnings; a higher number can mean the market expects faster growth.
• The forward P/E ratio of 18.3 uses expected future earnings, which can make the stock look cheaper if those estimates rise.
• 1.65 USD is the earnings per share (EPS) over the trailing 12 months, representing the portion of profit attributable to each share.
• A 0% dividend yield means MGM Resorts does not currently pay a cash dividend to shareholders.
• The beta of 1.28 suggests the stock tends to move about 28% more than the overall market, both up and down.
• The 52-week range of 29.19 – 51.59 shows the lowest and highest prices over the past year, with the current price near the lower end.
• 17.76 mld. USD in trailing 12-month revenue and a 2.4% profit margin indicate how much of each sales dollar remains as profit after all expenses.

Recent news

Headlines include a debate over whether MGM Resorts is a Buy, Sell, or Hold after Q2 earnings, and analysts at Capital One Securities and UBS have adjusted their price targets to 57 and 46, respectively. Other stories note that DraftKings' dip may have paid off historically, and that the NFL season has driven sports betting app daily active users past World Cup peaks.

What to watch

MGM Resorts' performance is tied to consumer spending, tourism flows, and regulatory changes in gaming markets. Because it operates both physical resorts and digital platforms like BetMGM, it can be affected by shifts in travel demand as well as competition from other Consumer Cyclical names such as McDonald's (MCD) and Carvana (CVNA). Investors also monitor upcoming earnings on Oct 28, 2026 and the company's leverage, given its 893.3% debt-to-equity ratio.