MGM Resorts International - MGM Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $51.03
Forecasted Upside: 38.45 %
Number of Analysts: 14
Breakdown:
0 Sell Ratings
7 Hold Ratings
7 Buy Ratings
0 Strong Buy Ratings

^$36.86 As of 11/30/2022 01:00 AM ET

▲ +1 (2.79%)

1 month | 3 months | 12 months

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Analyst Price Target for MGM

^$51.03

▲ +38.45% Upside Potential

This price target is based on 14 analysts offering 12 month price targets for MGM Resorts International in the last 3 months. The average price target is $51.03, with a high forecast of $67.00 and a low forecast of $39.00. The average price target represents a 38.45% upside from the last price of $36.86.

Current Consensus is Buy

The current consensus among 14 contributing investment analysts is to buy stock in MGM Resorts International. This rating has held steady since January 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
5 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

6/8/2021

0 strong buy ratings
4 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

9/6/2021

0 strong buy ratings
6 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

12/5/2021

0 strong buy ratings
8 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

3/5/2022

0 strong buy ratings
8 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

6/3/2022

0 strong buy ratings
8 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

9/1/2022

0 strong buy ratings
7 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

10/31/2022

0 strong buy ratings
7 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

11/30/2022

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
11/21/2022	Morgan Stanley	Initiated Coverage	Equal Weight	$39.00	Low
11/3/2022	JPMorgan Chase & Co.	Boost Target	Overweight	$47.00 ➝ $48.00	Low
11/3/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$51.00 ➝ $49.00	Low
11/3/2022	Credit Suisse Group	Lower Target	Outperform	$72.00 ➝ $67.00	Low
10/21/2022	Wells Fargo & Company	Lower Target	Overweight	$58.00 ➝ $53.00	Low
9/26/2022	Citigroup	Boost Target	Buy	$58.00 ➝ $58.50	Low
9/8/2022	Argus	Downgrade	Buy ➝ Hold		Low
8/9/2022	Citigroup	Boost Target		$58.00	Low
8/4/2022	Truist Financial	Boost Target		$35.00 ➝ $40.00	Low
8/4/2022	Credit Suisse Group	Lower Target	Outperform	$76.00 ➝ $72.00	Low
8/4/2022	Deutsche Bank Aktiengesellschaft	Boost Target		$48.00 ➝ $51.00	Low
8/4/2022	Wells Fargo & Company	Boost Target	Overweight	$49.00 ➝ $58.00	Low
7/20/2022	Truist Financial	Lower Target	Hold	$48.00 ➝ $35.00	Low
7/14/2022	Wells Fargo & Company	Lower Target	Overweight	$57.00 ➝ $49.00	Low
7/5/2022	Citigroup	Lower Target	Buy	$59.00 ➝ $56.00	N/A
6/28/2022	JMP Securities	Initiated Coverage	Outperform	$55.00	Low
6/9/2022	UBS Group	Lower Target		$40.00	High
5/20/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$52.00 ➝ $48.00	Low
5/3/2022	JPMorgan Chase & Co.	Initiated Coverage	Overweight ➝ Overweight	$53.00	High
4/25/2022	Morgan Stanley	Lower Target	Equal Weight	$56.00 ➝ $51.00	High
4/19/2022	Truist Financial	Lower Target	Hold	$51.00 ➝ $48.00	High
4/18/2022	Bank of America	Lower Target	Neutral	$55.00 ➝ $50.00	Low
4/13/2022	Wells Fargo & Company	Lower Target	Overweight	$60.00 ➝ $56.00	High
4/8/2022	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$54.00 ➝ $52.00	Low
3/18/2022	Susquehanna Bancshares	Upgrade	Negative ➝ Neutral	$36.00 ➝ $45.00	High
3/18/2022	Susquehanna	Upgrade	Negative ➝ Neutral	$36.00 ➝ $45.00	High
2/10/2022	Stifel Nicolaus	Boost Target	Hold	$53.00 ➝ $55.00	High
2/10/2022	Credit Suisse Group	Boost Target	Outperform	$74.00 ➝ $76.00	High
2/10/2022	Wells Fargo & Company	Lower Target	Overweight	$62.00 ➝ $60.00	High
2/10/2022	Morgan Stanley	Boost Target	Equal Weight	$52.00 ➝ $56.00	High
2/10/2022	Citigroup	Initiated Coverage	Buy	$57.00	High
2/10/2022	Macquarie	Boost Target	Outperform	$60.00 ➝ $62.00	High
1/21/2022	Jefferies Financial Group	Boost Target		$57.00 ➝ $59.00	Low
1/13/2022	Truist Financial	Lower Target	Hold ➝ Hold	$56.00 ➝ $50.00	High
1/6/2022	Credit Suisse Group	Boost Target	Outperform ➝ Outperform	$68.00 ➝ $74.00	High
12/17/2021	Morgan Stanley	Boost Target	Equal Weight	$51.00 ➝ $52.00	High
12/7/2021	Citigroup	Initiated Coverage	Buy	$56.00	Low
11/23/2021	Morgan Stanley	Initiated Coverage	Equal Weight	$51.00	High
11/4/2021	Stifel Nicolaus	Boost Target	Hold	$45.00 ➝ $54.00	High
11/4/2021	Wells Fargo & Company	Boost Target	Overweight	$55.00 ➝ $62.00	High
10/12/2021	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$33.00 ➝ $68.00	High
10/1/2021	Susquehanna Bancshares	Downgrade	Negative	$10.00 ➝ $36.00	High
9/14/2021	Wells Fargo & Company	Initiated Coverage	Overweight	$55.00	High
9/13/2021	Sanford C. Bernstein	Upgrade	Market Perform ➝ Outperform	$58.90	Low
8/5/2021	Jefferies Financial Group	Initiated Coverage	Buy	$56.00	Medium
7/28/2021	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral	$38.00 ➝ $43.00	Medium
6/24/2021	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$42.00 ➝ $54.00	Medium
6/10/2021	JPMorgan Chase & Co.	Boost Target	Positive ➝ Overweight	$47.00 ➝ $52.00	Medium
5/24/2021	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$47.00	N/A
5/18/2021	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$45.00 ➝ $47.00	Medium
4/30/2021	Morgan Stanley	Boost Target	Overweight	$45.00 ➝ $49.00	Medium
4/29/2021	Jefferies Financial Group	Boost Target	Buy	$50.00 ➝ $53.00	High
4/29/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$35.00 ➝ $42.00	High
4/27/2021	Truist Financial	Boost Target		$38.00 ➝ $43.00	Medium
4/5/2021	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$45.00	High
3/15/2021	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$36.00 ➝ $50.00	High
3/1/2021	Argus	Upgrade	Hold ➝ Buy	$42.00	N/A
2/23/2021	Argus	Upgrade	Hold ➝ Buy	$5.90 ➝ $42.00	High
2/16/2021	Bank of America	Upgrade	Underperform ➝ Neutral		Low
2/11/2021	Stifel Nicolaus	Boost Target		$34.00 ➝ $40.00	Low
2/11/2021	Morgan Stanley	Boost Target	Equal Weight	$31.00 ➝ $34.00	Low
2/10/2021	Roth Capital	Boost Target		$20.00 ➝ $27.00	Low
2/8/2021	Bank of America	Upgrade	Underperform ➝ Neutral	$25.00 ➝ $35.00	High
1/28/2021	Morgan Stanley	Reiterated Rating	Equal Weight	$31.00	Medium
1/26/2021	The Goldman Sachs Group	Boost Target	Hold ➝ Sell	$23.00 ➝ $27.00	Medium
1/13/2021	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		Low
1/7/2021	Smith Barney Citigroup	Downgrade	Buy ➝ Neutral		High
12/3/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$18.00 ➝ $24.00	Medium
12/2/2020	Macquarie	Boost Target	Outperform	$29.00 ➝ $32.00	Medium
11/30/2020	Truist Financial	Boost Target		$22.00 ➝ $32.00	Low
10/30/2020	Roth Capital	Boost Target	Neutral	$19.00 ➝ $20.00	High
10/30/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$13.00 ➝ $18.00	Low
10/12/2020	Barclays	Downgrade	Equal Weight ➝ Underweight	$17.00 ➝ $20.00	Low
9/24/2020	Macquarie	Boost Target		$27.00 ➝ $30.00	Low
9/16/2020	Roth Capital	Downgrade	Buy ➝ Neutral	$21.00 ➝ $19.00	Medium
9/14/2020	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$17.00 ➝ $20.00	Medium
9/9/2020	JPMorgan Chase & Co.	Boost Target	Neutral	$17.00 ➝ $23.00	Low
8/28/2020	Morgan Stanley	Boost Target	Equal Weight	$18.00 ➝ $20.00	High
8/7/2020	Bank of America	Reiterated Rating	Sell	$15.00	High
7/31/2020	Cfra	Downgrade	Sell		Low
7/31/2020	Credit Suisse Group	Boost Target	Neutral	$15.00 ➝ $18.00	Medium
7/31/2020	Morgan Stanley	Lower Target	Equal Weight	$19.00 ➝ $18.00	Medium
7/21/2020	SunTrust Banks	Lower Target	Hold	$19.00 ➝ $18.00	Low
7/20/2020	Morgan Stanley	Boost Target	Equal Weight	$17.00 ➝ $19.00	Low
6/10/2020	Wolfe Research	Downgrade	Outperform ➝ Peer Perform		Low
5/27/2020	UBS Group	Lower Target	Neutral	$35.00 ➝ $18.00	Medium
5/21/2020	Credit Suisse Group	Initiated Coverage	Neutral	$34.00 ➝ $15.00	Low
5/21/2020	Bank of America	Downgrade	Neutral ➝ Underperform	$15.00	Low
5/21/2020	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$22.00 ➝ $17.00	Low
5/20/2020	Barclays	Reiterated Rating	Neutral ➝ Hold		High
5/4/2020	Morgan Stanley	Lower Target	Equal Weight	$18.00 ➝ $17.00	Medium
5/1/2020	Barclays	Downgrade	Overweight ➝ Equal Weight		Medium
5/1/2020	SunTrust Banks	Boost Target	Hold	$17.00	Low
5/1/2020	Stifel Nicolaus	Lower Target	Hold	$38.00 ➝ $20.00	Medium
5/1/2020	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$18.00	Medium
5/1/2020	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$13.00	High
4/19/2020	Nomura Securities	Reiterated Rating	Buy	$22.00	High
4/17/2020	SunTrust Banks	Lower Target	Hold	$34.00 ➝ $15.00	Medium
4/9/2020	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$35.00 ➝ $13.00	High
3/30/2020	Morgan Stanley	Lower Target	Equal Weight	$34.00 ➝ $18.00	Low
3/27/2020	JPMorgan Chase & Co.	Lower Target	Overweight	$37.00 ➝ $30.00	Medium
3/27/2020	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$35.00	High
3/18/2020	Susquehanna Bancshares	Upgrade	Negative ➝ Neutral	$27.00 ➝ $10.00	High
3/13/2020	Nomura Securities	Lower Target		$40.00 ➝ $30.00	High
3/12/2020	Argus	Downgrade	Buy ➝ Hold		High
2/13/2020	SunTrust Banks	Lower Target	Hold	$35.00 ➝ $34.00	Low
2/13/2020	Morgan Stanley	Lower Target	Equal Weight	$36.00 ➝ $34.00	High
2/7/2020	Cfra	Downgrade	Sell		Medium
1/23/2020	Barclays	Boost Target	Overweight	$37.00 ➝ $40.00	Medium
12/6/2019	SunTrust Banks	Initiated Coverage	Hold	$35.00	Low
11/14/2019	UBS Group	Boost Target	Neutral	$31.00 ➝ $34.00	Medium
10/31/2019	Roth Capital	Reiterated Rating	Buy		Medium
10/3/2019	Nomura Securities	Boost Target	Buy	$37.00 ➝ $38.00	Low
9/17/2019	Deutsche Bank Aktiengesellschaft	Set Target	Hold	$34.00	Low
9/17/2019	Morgan Stanley	Lower Target	Hold ➝ Equal Weight	$32.00 ➝ $31.00	Low
9/6/2019	JPMorgan Chase & Co.	Lower Target	Overweight	$37.00 ➝ $36.00	Low
8/21/2019	UBS Group	Boost Target	Neutral	$30.00 ➝ $31.00	Low
8/2/2019	Bank of America	Downgrade	Buy ➝ Neutral		Low
7/29/2019	Argus	Boost Target	Buy	$35.00	Low
7/26/2019	Deutsche Bank Aktiengesellschaft	Set Target	Hold	$32.00	Low
7/26/2019	Nomura Securities	Boost Target	Buy	$36.00 ➝ $37.00	Medium
7/26/2019	Morgan Stanley	Boost Target	Equal Weight	$31.00 ➝ $32.00	Medium
7/26/2019	JPMorgan Chase & Co.	Boost Target	Overweight ➝ In-Line	$33.00 ➝ $37.00	High
7/24/2019	Citigroup	Initiated Coverage		$23.00	Medium
7/24/2019	Susquehanna Bancshares	Initiated Coverage	Negative ➝ Negative	$23.00	Medium
7/18/2019	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$32.00 ➝ $31.00	Medium
6/6/2019	Morgan Stanley	Lower Target	Overweight	$35.00 ➝ $32.00	Medium
5/1/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$32.00	High
3/25/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$32.00	High
3/20/2019	Credit Suisse Group	Reiterated Rating	Neutral ➝ Neutral	$30.00	Low
3/6/2019	Morgan Stanley	Boost Target	Overweight ➝ Overweight	$34.00 ➝ $35.00	Low
2/14/2019	Morgan Stanley	Boost Target	Overweight	$33.00 ➝ $34.00	High
1/28/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$33.00	Low
12/3/2018	Morgan Stanley	Reiterated Rating	Buy		Low
11/15/2018	Sanford C. Bernstein	Initiated Coverage	Mkt Perform ➝ Market Perform		Low
10/16/2018	Bank of America	Reiterated Rating	Buy	$30.00	Medium
8/14/2018	Credit Suisse Group	Initiated Coverage	Neutral	$31.00	Low
8/6/2018	Barclays	Lower Target	Overweight ➝ Overweight	$39.00 ➝ $37.00	Low
8/3/2018	Telsey Advisory Group	Lower Target	Market Perform	$34.00 ➝ $31.00	Low
8/3/2018	Morgan Stanley	Lower Target	Overweight ➝ Buy	$38.00 ➝ $34.00	Low
8/3/2018	Stifel Nicolaus	Reiterated Rating	Hold ➝ Hold	$37.00 ➝ $33.00	Low
8/1/2018	Jefferies Financial Group	Reiterated Rating	Buy		High
7/20/2018	Morgan Stanley	Lower Target	Overweight ➝ Overweight	$39.00 ➝ $38.00	Medium
7/9/2018	Nomura Securities	Lower Target	Buy ➝ Buy	$40.00 ➝ $39.00	Low
6/26/2018	Morgan Stanley	Boost Target	Overweight ➝ Overweight	$38.00 ➝ $39.00	Medium
6/25/2018	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$37.00	Low
4/27/2018	Morgan Stanley	Lower Target	Overweight ➝ Overweight	$41.00 ➝ $38.00	Medium
4/27/2018	Telsey Advisory Group	Lower Target	Market Perform ➝ Market Perform	$39.00 ➝ $34.00	High
4/23/2018	Susquehanna Bancshares	Upgrade	Neutral ➝ Positive		Medium
4/23/2018	UBS Group	Upgrade	Neutral ➝ Positive		Medium
3/27/2018	Morgan Stanley	Boost Target	Overweight ➝ Buy	$40.00 ➝ $41.00	Low
3/14/2018	Telsey Advisory Group	Initiated Coverage	Market Perform ➝ Market Perform	$39.00	Low
2/23/2018	Barclays	Boost Target	Overweight ➝ Overweight	$37.00 ➝ $40.00	Low
2/21/2018	Bank of America	Boost Target	Buy ➝ Buy	$38.00 ➝ $39.00	Low
2/21/2018	Stifel Nicolaus	Reiterated Rating	Hold ➝ Hold	$36.00 ➝ $37.00	Low
1/18/2018	Jefferies Financial Group	Initiated Coverage	Buy ➝ Buy	$43.00	Low
1/9/2018	JPMorgan Chase & Co.	Reiterated Rating	Overweight ➝ Overweight	$41.00 ➝ $44.00	Low

(Data available from 12/1/2017 forward)

News Sentiment Rating

0.37 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

15 very positive mentions
26 positive mentions
3 negative mentions
2 very negative mentions

Mentions as of

5/5/2022

10 very positive mentions
34 positive mentions
1 negative mentions
1 very negative mentions

Mentions as of

6/4/2022

9 very positive mentions
21 positive mentions
9 negative mentions
4 very negative mentions

Mentions as of

7/4/2022

11 very positive mentions
27 positive mentions
7 negative mentions
2 very negative mentions

Mentions as of

8/3/2022

15 very positive mentions
40 positive mentions
5 negative mentions
1 very negative mentions

Mentions as of

9/2/2022

12 very positive mentions
12 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

10/2/2022

7 very positive mentions
20 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

11/1/2022

17 very positive mentions
33 positive mentions
5 negative mentions
3 very negative mentions

Mentions as of

12/1/2022

Current Sentiment

Recent Stories by Sentiment

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its 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.

Today's Range

Now: $36.86

$35.76

$36.87

50 Day Range

MA: $33.65

$29.72

$37.49

52 Week Range

Now: $36.86

$26.41

$49.00

Volume

7,097,012 shs

Average Volume

5,433,623 shs

Market Capitalization

$14.15 billion

P/E Ratio

12.62

Dividend Yield

0.03%

Beta

2.06

Frequently Asked Questions

What sell-side analysts currently cover shares of MGM Resorts International?: The following Wall Street analysts have issued stock ratings on MGM Resorts International in the last year: Argus, Bank of America Co., Citigroup Inc., Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group Inc., JMP Securities, JPMorgan Chase & Co., Macquarie, Morgan Stanley, Stifel Nicolaus, StockNews.com, Susquehanna, Susquehanna Bancshares, Inc., TheStreet, Truist Financial Co., UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for MGM.
What is the current price target for MGM Resorts International?: 15 Wall Street analysts have set twelve-month price targets for MGM Resorts International in the last year. Their average twelve-month price target is $51.03, suggesting a possible upside of 38.5%. Credit Suisse Group AG has the highest price target set, predicting MGM will reach $67.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $39.00 for MGM Resorts International in the next year.
View the latest price targets for MGM.
What is the current consensus analyst rating for MGM Resorts International?: MGM Resorts International currently has 7 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MGM will outperform the market and that investors should add to their positions of MGM Resorts International.
View the latest ratings for MGM.
What other companies compete with MGM Resorts International?: Other companies that are similar to MGM Resorts International include Caesars Entertainment, Wynn Resorts, Boyd Gaming, PENN Entertainment and Las Vegas Sands. Learn More about companies similar to MGM Resorts International.
How do I contact MGM Resorts International's investor relations team?: MGM Resorts International's physical mailing address is 3600 LAS VEGAS BLVD SOUTH, LAS VEGAS NV, 89109. The company's listed phone number is (702) 693-7120 and its investor relations email address is [email protected] The official website for MGM Resorts International is www.mgmresorts.com. Learn More about contacing MGM Resorts International investor relations.

MGM Resorts International - MGM Stock Price Target and Predictions

Analyst Price Target for MGM

Current Consensus is Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.37 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of MGM Resorts International?

What is the current price target for MGM Resorts International?

What is the current consensus analyst rating for MGM Resorts International?

What other companies compete with MGM Resorts International?

How do I contact MGM Resorts International's investor relations team?