Últimas noticias sobre MGM Resorts Intl (NYSE:MGM) Bolsa

MGM Resorts Intl

MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.

MGM Resorts International

METRO GLOBAL MEDIA INC by Metro Global Media, Inc.

Metro Global Media Inc

MAPLE GOLD MINES LTD by Maple Gold Mines Ltd.

Maple Gold Mines Ltd

Magna Mining Inc

MAGMA OPEN JT STK S/GDR by Magma Open Joint Stock Company

Ballast Small/Mid Cap ETF

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/31/25</td>
<td>$395.00</td>
<td>$49.7K</td>
<td>3.8K</td>
<td>10.6K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$100.00</td>
<td>$39.1K</td>
<td>14.3K</td>
<td>4.0K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/07/25</td>
<td>$240.00</td>
<td>$48.0K</td>
<td>6.3K</td>
<td>1.6K</td>
</tr>
<tr>
<td>WYNN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$80.00</td>
<td>$134.9K</td>
<td>681</td>
<td>601</td>
</tr>
<tr>
<td>MGM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/28/25</td>
<td>$30.00</td>
<td>$83.5K</td>
<td>600</td>
<td>400</td>
</tr>
<tr>
<td>ABNB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/31/25</td>
<td>$135.00</td>
<td>$29.7K</td>
<td>94</td>
<td>254</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$30.00</td>
<td>$134.5K</td>
<td>552</td>
<td>86</td>
</tr>
<tr>
<td>BKNG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$4500.00</td>
<td>$41.7K</td>
<td>76</td>
<td>76</td>
</tr>
<tr>
<td>DHI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$145.00</td>
<td>$32.7K</td>
<td>232</td>
<td>32</td>
</tr>
<tr>
<td>CAVA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/07/25</td>
<td>$111.00</td>
<td>$26.8K</td>
<td>11</td>
<td>10</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on January 31, 2025. This event was a transfer of 30 contract(s) at a $395.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $49.7K, with a price of $1652.0 per contract. There were 3806 open contracts at this strike prior to today, and today 10666 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option trade with bullish sentiment. It expires in 352 day(s) on January 16, 2026. Parties traded 25 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $39.1K, with a price of $1565.0 per contract. There were 14367 open contracts at this strike prior to today, and today 4025 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on February 7, 2025. This event was a transfer of 60 contract(s) at a $240.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $48.0K, with a price of $800.0 per contract. There were 6397 open contracts at this strike prior to today, and today 1697 contract(s) were bought and sold. 
• For WYNN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>), we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on February 21, 2025. This event was a transfer of 201 contract(s) at a $80.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $134.9K, with a price of $675.0 per contract. There were 681 open contracts at this strike prior to today, and today 601 contract(s) were bought and sold. 
• For MGM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>), we notice a call option sweep that happens to be bearish, expiring in 30 day(s) on February 28, 2025. This event was a transfer of 200 contract(s) at a $30.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $83.5K, with a price of $420.0 per contract. There were 600 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold. 
• For ABNB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on January 31, 2025. This event was a transfer of 130 contract(s) at a $135.00 strike. This particular put needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $231.0 per contract. There were 94 open contracts at this strike prior to today, and today 254 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a call option trade that happens to be bearish, expiring in 716 day(s) on January 15, 2027. This event was a transfer of 86 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $134.5K, with a price of $1565.0 per contract. There were 552 open contracts at this strike prior to today, and today 86 contract(s) were bought and sold. 
• For BKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), we notice a put option trade that happens to be bearish, expiring in 78 day(s) on April 17, 2025. This event was a transfer of 3 contract(s) at a $4500.00 strike. The total cost received by the writing party (or parties) was $41.7K, with a price of $13930.0 per contract. There were 76 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold. 
• Regarding DHI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>), we observe a put option trade with bearish sentiment. It expires in 142 day(s) on June 20, 2025. Parties traded 29 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $1130.0 per contract. There were 232 open contracts at this strike prior to today, and today 32 contract(s) were bought and sold. 
• For CAVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), we notice a call option trade that happens to be neutral, expiring in 37 day(s) on March 7, 2025. This event was a transfer of 10 contract(s) at a $111.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $2681.0 per contract. There were 11 open contracts at this strike prior to today, and today 10 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ABNB

AMZN

BABA

BKNG

CAVA

TSLA

WYNN

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

<a href="https://www.hollywoodreporter.com/business/business-news/netflix-bites-las-vegas-restaraurant-mgm-grand-opening-1236114520/">https://www.hollywoodreporter.com/business/business-news/netflix-bites-las-vegas-restaraurant-mgm-grand-opening-1236114520/</a>
&nbsp;
<a href="https://www.hollywoodreporter.com/t/las-vegas/">Las Vegas</a>‘ newest residency isn't a musical act, it's an opportunity to taste everything <a href="https://www.hollywoodreporter.com/t/netflix/">Netflix</a> has to offer.
Netflix says that it will open its latest experiential project on the casino floor at the MGM Grand in Las Vegas Feb. 20: A new outpost of its "Netflix Bites" full service restaurant.
Netflix first tested out the food concept in Los Angeles in 2023, but while <a href="https://www.hollywoodreporter.com/business/business-news/netflix-restaurant-los-angeles-curtis-stone-1235514246/">that experience</a> lasted about six weeks and was focused mostly on dinner service, the new Netflix Bites is being described as a "residency," a longer-term project than the L.A. popup.

News

NFLX

'Netflix to Open Restaurant in Las Vegas Next Month As Live Experiences Business Expands' - Hollywood Reporter

WIIM

DKNG

FLUT

Melco Resorts & Entertainment Limited - American Depositary Shares

MLCO

PENN

Shares of sports betting and gambling stocks are trading higher following Trump's inauguration as investors weigh the new administration's economic policies.

The 2028 presidential election is over 1,000 days away and President Donald Trump <a href="https://www.benzinga.com/government/regulations/25/01/43085323/trump-sworn-in-as-47th-president-declares-golden-age-of-america-begins-right-now">just took office</a>, but that hasn&#8217;t stopped sportsbooks and prediction markets from taking an early look at the election betting odds.
What Happened: From Bet365, here are the current betting odds on who will emerge as a top candidate, as reported by <a href="https://www.covers.com/politics/us-election-betting-odds">Covers</a>:
<ul>
<li>J.D. Vance (Republican): +250</li>
<li>Gavin Newsom (Democrat): +1,000</li>
<li>Josh Shapiro (Democrat): +1,000</li>
<li>Pete Buttigieg (Democrat): +1,400</li>
<li>Michelle Obama (Democrat): +1,600</li>
<li>Gretchen Whitmer (Democrat): +1,600</li>
<li>Vivek Ramaswamy (Republican): +1,600</li>
<li>Donald Trump Jr. (Republican): +1,600</li>
<li>Ron DeSantis (Republican): +2,000</li>
<li>Tucker Carlson (Republican): +2,000</li>
<li>Tulsi Gabbard (Republican): +2,000</li>
<li>Kamala Harris (Democrat): +2,000</li>
</ul>
Outside of those figures, other notable names include Nikki Haley (Republican) at +4,000 and Hillary Clinton (Democrat) at +5,000.
Here are the odds from BetMGM, which is a unit of MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>), as <a href="https://www.actionnetwork.com/politics/2028-united-states-presidential-election-odds-potential-candidates-include-jd-vance-michelle-obama-more">shared </a>by Action Network:
<ul>
<li>J.D Vance: +275</li>
<li>Gavin Newsom: +650</li>
<li>Josh Shapiro: +800</li>
<li>Michelle Obama: +800</li>
<li>Ron DeSantis: +1,000</li>
<li>Pete Buttigieg: +1,400</li>
<li>Vivek Ramaswamy: +1,400</li>
<li>Gretchen Whitmer: +1,600</li>
<li>Ivanka Trump (Republican): +2,000</li>
<li>Marco Rubio (Republican): +2,000</li>
<li>Alexandria Ocasio-Cortez (Democrat): +2,500</li>
<li>Andy Beshear (Democrat): ++2,500</li>
<li>Kristi Noem (Republican): +2,500</li>
<li>Nikki Haley: +2,500</li>
<li>Tucker Carlson: +2,500</li>
</ul>
BetMGM UK also has other notable names like Robert F. Kennedy Jr. (+3,300), Donald Trump Jr. (+3,300) and Hillary Clinton (+5,000) listed further down the odds. Harris is notably missing in the current BetMGM UK odds, but that may change if she ever makes her future intentions clear. 
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent012125">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Prediction Markets: Kalshi, which is legal to U.S. bettors has several betting markets open for 2028, including the winning <a href="https://kalshi.com/markets/kxpresparty/party-winning-presidency">party </a>with Republicans at 49% and Democrats at 51%.
Here are the betting <a href="https://kalshi.com/markets/kxpresnomr/republican-primary-winner">odds </a>on Kalshi for the GOP nominee for the 2028 election, with <a href="https://www.benzinga.com/general/sports-betting/24/11/41830883/2028-election-betting-odds-where-do-j-d-vance-michelle-obama-mark-cuban-ron-desantis-kamal">odds from November</a> in parentheses:
<ul>
<li>J.D. Vance: 44% (57%)</li>
<li>Vivek Ramaswamy: 7% (4%)</li>
<li>Donald Trump: 7% (4%)</li>
<li>Ron DeSantis: 6% (6%)</li>
<li>Donald Trump Jr.: 6% (7%)</li>
<li>Marco Rubio: 5% (Under 4%)</li>
</ul>
The 22nd&nbsp;Amendment currently would keep Trump from serving more than two terms in the White House, but he&#8217;s included in Kalshi&#8217;s odds here.
Here are the betting&nbsp;<a href="https://kalshi.com/markets/kxpresnomd/democratic-primary-winner" target="_blank" rel="noreferrer noopener">odds&nbsp;</a>on Kalshi for the Democrat Party nominee for the 2028 election with odds from November in parentheses:
<ul>
<li>Gavin Newsom: 14% (16%)</li>
<li>Josh Shapiro: 13% (16%)</li>
<li>Alexandria Ocasio-Cortez: 8% (7%)</li>
<li>Pete Buttigieg: 8% (11%)</li>
<li>Wes Moore: 7% (9%)</li>
<li>Michelle Obama: 7% (6%</li>
<li>Gretchen Whitmer: 6% (14%)</li>
<li>Kamala Harris: 5% (2%)</li>
</ul>
Why It Matters: The 2024 presidential election could go down as the political event that changed prediction markets forever. <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41694948/trump-polymarket-whale-has-30m-bet-on-former-president-winning-2024-election-my-intent-is-">Billions of dollars were</a> wagered on Polymarket and CFTC-regulated market Kalshi.
Polymarket, which <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41694948/trump-polymarket-whale-has-30m-bet-on-former-president-winning-2024-election-my-intent-is-" target="_blank" rel="noreferrer noopener">had many prediction markets</a> for the 2024 election, does not currently offer 2028 markets. The decentralized platform allows users to deposit funds using USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) via the Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POL</a>) network or directly from a crypto account with Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>). The platform will be closely watched in the coming months to see who takes the early lead in 2028 election betting.
No candidate has officially declared their intentions to run for president on Nov. 7, 2028. With Trump unable to run for president again, barring a change to the U.S. Constitution, it is likely that Vance would be the frontrunner to win the Republican Party nomination.
The betting odds and prediction markets also list Donald Trump Jr. and Ivanka Trump suggesting that someone in the Trump family could seek to continue their father's legacy.
For the Democratic Party, things could look different in 2028 depending on if Harris, who lost the 2024 election, decides to run again. Harris was the party's nominee after Joe Biden stepped <a href="https://www.benzinga.com/general/politics/24/07/39874057/biden-drops-out-of-2024-race-in-bombshell-announcement-it-has-been-the-greatest-honor-of-my-life">down from the race</a>.
Along with prediction markets, Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) got in on the fun <a href="https://www.benzinga.com/general/sports-betting/24/11/41719799/robinhood-passes-100-million-2024-election-contracts-do-users-favor-trump-or-harris-on-sto">with election contracts</a> offered on the 2024 election winner. After a successful initial venture into politics, Robinhood hinted it could have<a href="https://www.benzinga.com/general/sports-betting/24/12/42345211/robinhood-ceo-vlad-tenev-says-sports-betting-comments-taken-a-little-bit-out-of-context-but-he-also-wouldnt-rule-it-out"> more sports betting </a>options available in the future.
Sportsbook giant DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) could also have election betting in the future, based <a href="https://www.benzinga.com/general/sports-betting/23/05/32244769/exclusive-draftkings-benefits-from-non-nfl-sports-growth-eyes-horse-racing-and-election-be">on past comments </a>from CEO Jason Robins. DraftKings offered 2024 election betting in Canada.
Robins previously told Benzinga the company is continuing to work with regulators to get election betting approved for states that offer legalized betting. With the election more than three years away, there is a chance that the U.S. could have more legalized betting options for political outcomes the next time a presidential race is decided. Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/01/43041374/exclusive-how-high-will-sp-500-go-under-donald-trump-in-2025-readers-are-optimistic-26-say-this">EXCLUSIVE: How High Will S&amp;P 500 Go Under Donald Trump In 2025? Readers Are Optimistic, 26% Say This…</a></li>
</ul>
Image: Shutterstock

Sports Betting

Politics

$ETH

$POL

$USDC

HOOD

2028 Election Betting Odds: Where Do J.D. Vance, Kamala Harris, Michelle Obama, Donald Trump Jr. Rank?

Collaboration will bring bespoke content and never-before-seen show integrations

Reported Sunday, BetMGM Secures Online Casino Rights For Fremantle's "Family Feud" And "The Price Is Right"

Newly remodeled rooms available for reservation beginning March 1, 2025
LAS VEGAS, Jan. 17, 2025 /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4343055-1&amp;h=3455563134&amp;u=https%3A%2F%2Fmgmgrand.mgmresorts.com%2Fen.html&amp;a=MGM+Grand+Hotel+%26+Casino">MGM Grand Hotel &amp; Casino</a> is revealing details surrounding its $300 million remodel encompassing all of the hotel's 4,212 rooms and suites within its main tower. The transformation, which is slated for completion in December 2025, is set to enhance the overall guest experience with modern, sophisticated design elements inspired by the flair of the disco era. The remodeled rooms will join a vibrant lineup of new dining and entertainment experiences set to open at MGM Grand later this year.
 &nbsp;

MGM Grand Hotel & Casino Reveals Details Surrounding Its $300M Remodel Encompassing All Of The Hotel's 4,212 Rooms And Suites Within Its Main Tower

JMP Securities analyst Aaron Hecht reiterates MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Market Outperform and maintains $50 price target.

Price Target

Reiteration

Analyst Ratings

JMP Securities Reiterates Market Outperform on MGM Resorts Intl, Maintains $50 Price Target

In the current market session, MGM Resorts Intl Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) price is at $33.75, after a 1.96% spike. However, over the past month, the stock decreased by 1.66%, and in the past year, by 22.45%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1736968542_0.png" alt="Past Year Chart" />

<h3>MGM Resorts Intl P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of the 80.1 in the Hotels, Restaurants &amp; Leisure industry, MGM Resorts Intl Inc. has a lower P/E ratio of 11.86. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1736968542_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

Markets

P/E Ratio Insights for MGM Resorts Intl

<a href="https://dbm.maryland.gov/budget/Documents/operbudget/2026/proposed/FY2026BudgetPresentation.pdf" title="https://dbm.maryland.gov/budget/Documents/operbudget/2026/proposed/FY2026BudgetPresentation.pdf">https://dbm.maryland.gov/budget/Documents/operbudget/2026/proposed/FY2026BudgetPresentation.pdf</a>

Watching Gambling Stocks; Traders Circulate Maryland 2025 Budget Announcement From Governor Wes Moore, Says "Increase The Sports Wagering Tax Rate From 15% To 30%", "Increase The Table Game Tax Rate From 20% To 25%"

Truist Securities analyst Barry Jonas maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Buy and lowers the price target from $54 to $50.

Truist Securities Maintains Buy on MGM Resorts Intl, Lowers Price Target to $50

Across the recent three months, 11 analysts have shared their insights on MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">8</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated MGM Resorts Intl and provided 12-month price targets. The average target is $51.18, accompanied by a high estimate of $56.00 and a low estimate of $44.00. Experiencing a 4.59% decline, the current average is now lower than the previous average price target of $53.64. 
<img src="https://www.benzinga.com/files/images/story/2025/1735934441_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A comprehensive examination of how financial experts perceive MGM Resorts Intl is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Katz</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$50.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$46.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Jordan Bender</td>
<td>JMP Securities</td>
<td>Lowers</td>
<td>Market Outperform</td>
<td>$50.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Jordan Bender</td>
<td>JMP Securities</td>
<td>Lowers</td>
<td>Market Outperform</td>
<td>$54.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$50.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$56.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$56.00</td>
<td>$58.00</td>
</tr>
<tr>
<td>Stephen Grambling</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$44.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Daniel Politzer</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$47.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$54.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Jordan Bender</td>
<td>JMP Securities</td>
<td>Lowers</td>
<td>Market Outperform</td>
<td>$56.00</td>
<td>$57.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MGM Resorts Intl. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of MGM Resorts Intl compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for MGM Resorts Intl's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of MGM Resorts Intl's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/MGM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MGM Resorts Intl analyst ratings.</a>
<h2>About MGM Resorts Intl</h2>
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
<h3>Breaking Down MGM Resorts Intl's Financial Performance</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Over the 3 months period, MGM Resorts Intl showcased positive performance, achieving a revenue growth rate of 5.28% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: MGM Resorts Intl's net margin is impressive, surpassing industry averages. With a net margin of 4.41%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): MGM Resorts Intl's ROE excels beyond industry benchmarks, reaching 5.72%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): MGM Resorts Intl's ROA excels beyond industry benchmarks, reaching 0.44%. This signifies efficient management of assets and strong financial health.
Debt Management: MGM Resorts Intl's debt-to-equity ratio stands notably higher than the industry average, reaching 9.9. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>The Basics of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Breaking: Wall Street's Next Big Mover
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

MGM Resorts Intl Stock: A Deep Dive Into Analyst Perspectives (11 Ratings)

Jefferies analyst David Katz maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Buy and lowers the price target from $52 to $50.

Jefferies Maintains Buy on MGM Resorts Intl, Lowers Price Target to $50

DENN

NCLH

PLAY

TXRH

Shares of several companies in the hotels, restaurants & leisure space are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

Barclays analyst Brandt Montour maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Overweight and lowers the price target from $50 to $46.

Barclays Maintains Overweight on MGM Resorts Intl, Lowers Price Target to $46

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/12/12/final-trades-cisco-kkr-co-dominion-energy-and-uber.html">Halftime Report Final Trades</a>,&#8221; Joshua Brown of Ritholtz Wealth Management picked Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) as <a href="https://www.benzinga.com/24/11/42045056/cisco-brings-ai-and-automation-to-mgm-resorts-with-55-year-portfolio-pact">his final trade.</a>
On Dec. 6, Uber and Chinese Robotaxi company WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) announced the launch of their ride-hailing partnership in Abu Dhabi. The launch represents the first time autonomous vehicles (AVs) are available on the Uber platform outside the U.S. and the largest commercial robotaxi service outside <a href="https://www.benzinga.com/24/12/42363171/uber-and-weride-come-together-to-launch-robotaxi-service-in-abu-dhabi">the U.S. and China</a>.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Jim Lebenthal of Cerity Partners named Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) 
On Nov. 18, Cisco Systems, inked a 5.5-year Whole Portfolio Agreement (WPA) with MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>), granting MGM access to Cisco's software portfolio. The portfolio includes cybersecurity, software-defined networking, WAN, digital experience assurance, and data center services.
Jason Snipe of Odyssey Capital Advisors said he likes KKR &amp; Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>).
On Thursday, Wells Fargo analyst Michael Brown maintained KKR with an Equal-Weight and raised the price target from $152 to $163, while Oppenheimer analyst Chris Kotowski maintained the stock with an Outperform and increased the price target from $153 to $175.
Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said Dominion Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>) took off like a rocket earlier in the year but now faded, so you can get back in with a 5% yield.
Scotiabank analyst Andrew Weisel maintained Dominion Energy with a Sector Perform and raised the price target from $58 to $61.
Price Action:
<ul>
<li>Cisco shares gained by 0.4% to close at $58.85 on Thursday.</li>
<li>KKR shares fell by 1% to settle at $155.75 during Thursday's session.</li>
<li>Dominion shares fell 0.8% to close at $53.83 during Thursday's session.</li>
<li>Uber shares gained 0.4% to close at $61.41 on Thursday.</li>
</ul>
Check This Out:<a href="https://www.benzinga.com/news/earnings/24/12/42478606/dow-dips-more-than-200-points-following-inflation-data-nvidia-and-amd-decline-fear-greed-index-remains-in-neutral-zone"> </a>
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/12/42478606/dow-dips-more-than-200-points-following-inflation-data-nvidia-and-amd-decline-fear-greed-index-remains-in-neutral-zone">Dow Dips More Than 200 Points Following Inflation Data, Nvidia And AMD Decline: Fear &amp; Greed Index Remains In &#8216;Neutral&#8217; Zone</a></li>
</ul>
Image: Shutterstock

Media

Trading Ideas

CSCO

UBER

Uber, Cisco, KKR And More On CNBC's 'Final Trades'

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/13/24</td>
<td>$420.00</td>
<td>$34.1K</td>
<td>41.2K</td>
<td>82.4K</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$85.00</td>
<td>$225.6K</td>
<td>17.6K</td>
<td>1.6K</td>
</tr>
<tr>
<td>RIVN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.00</td>
<td>$52.1K</td>
<td>33.5K</td>
<td>1.3K</td>
</tr>
<tr>
<td>GME</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$20.00</td>
<td>$29.7K</td>
<td>17.3K</td>
<td>553</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$250.00</td>
<td>$53.7K</td>
<td>5.6K</td>
<td>337</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$410.00</td>
<td>$30.0K</td>
<td>980</td>
<td>133</td>
</tr>
<tr>
<td>MGM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$36.00</td>
<td>$30.0K</td>
<td>139</td>
<td>128</td>
</tr>
<tr>
<td>SFIX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$2.50</td>
<td>$44.5K</td>
<td>562</td>
<td>107</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$42.00</td>
<td>$30.0K</td>
<td>952</td>
<td>99</td>
</tr>
<tr>
<td>RCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$270.00</td>
<td>$51.3K</td>
<td>109</td>
<td>34</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on December 13, 2024. This event was a transfer of 61 contract(s) at a $420.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $34.1K, with a price of $560.0 per contract. There were 41266 open contracts at this strike prior to today, and today 82471 contract(s) were bought and sold. 
• Regarding NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we observe a call option sweep with bearish sentiment. It expires in 37 day(s) on January 17, 2025. Parties traded 1139 contract(s) at a $85.00 strike. This particular call needed to be split into 55 different trades to become filled. The total cost received by the writing party (or parties) was $225.6K, with a price of $198.0 per contract. There were 17625 open contracts at this strike prior to today, and today 1629 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a put option sweep with bullish sentiment. It expires in 37 day(s) on January 17, 2025. Parties traded 246 contract(s) at a $15.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $52.1K, with a price of $211.0 per contract. There were 33522 open contracts at this strike prior to today, and today 1341 contract(s) were bought and sold. 
• For GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we notice a call option trade that happens to be bullish, expiring in 37 day(s) on January 17, 2025. This event was a transfer of 30 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $29.7K, with a price of $990.0 per contract. There were 17300 open contracts at this strike prior to today, and today 553 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bearish, expiring in 191 day(s) on June 20, 2025. This event was a transfer of 36 contract(s) at a $250.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $53.7K, with a price of $1493.0 per contract. There were 5632 open contracts at this strike prior to today, and today 337 contract(s) were bought and sold. 
• Regarding LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we observe a call option trade with bearish sentiment. It expires in 37 day(s) on January 17, 2025. Parties traded 20 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $1500.0 per contract. There were 980 open contracts at this strike prior to today, and today 133 contract(s) were bought and sold. 
• For MGM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>), we notice a call option trade that happens to be neutral, expiring in 72 day(s) on February 21, 2025. This event was a transfer of 100 contract(s) at a $36.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $300.0 per contract. There were 139 open contracts at this strike prior to today, and today 128 contract(s) were bought and sold. 
• Regarding SFIX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>), we observe a call option trade with bearish sentiment. It expires in 401 day(s) on January 16, 2026. Parties traded 100 contract(s) at a $2.50 strike. The total cost received by the writing party (or parties) was $44.5K, with a price of $445.0 per contract. There were 562 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold. 
• Regarding DKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), we observe a call option trade with bullish sentiment. It expires in 72 day(s) on February 21, 2025. Parties traded 80 contract(s) at a $42.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $375.0 per contract. There were 952 open contracts at this strike prior to today, and today 99 contract(s) were bought and sold. 
• For RCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>), we notice a put option trade that happens to be bearish, expiring in 100 day(s) on March 21, 2025. This event was a transfer of 16 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $51.3K, with a price of $3210.0 per contract. There were 109 open contracts at this strike prior to today, and today 34 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

LULU

RIVN

SFIX

10 Consumer Discretionary Stocks Whale Activity In Today's Session

<a href="https://www.reuters.com/world/asia-pacific/macaus-future-leader-unveils-team-govern-gambling-hub-2024-12-02/" title="https://www.reuters.com/world/asia-pacific/macaus-future-leader-unveils-team-govern-gambling-hub-2024-12-02/">https://www.reuters.com/world/asia-pacific/macaus-future-leader-unveils-team-govern-gambling-hub-2024-12-02/</a>

Reuters Reported Earlier, Macau's Chief Executive-elect Sam Hou Fai, Announced Team To Govern Gambling Hub

Casinos and bookmakers in Great Britain will be forced to pay a £100m-a-year levy to fund research, education and treatment of gambling harms, under government plans to be announced as soon as this week.
Labour is understood to be poised to <a href="https://www.theguardian.com/society/article/2024/jul/21/labour-urged-to-follow-through-on-tories-promised-100m-gambling-levy">rubber-stamp the previous government's proposal</a> to do away with a voluntary system that allows industry operators to choose how much to donate to tackle damage caused by gambling and which organisations should receive the money.
<a href="https://www.theguardian.com/society/2024/nov/25/labour-poised-announce-ratify-100m-gambling-levy-addiction-charity#:~:text=Casinos%20and%20bookmakers%20in%20Great,as%20soon%20as%20this%20week" title="https://www.theguardian.com/society/2024/nov/25/labour-poised-announce-ratify-100m-gambling-levy-addiction-charity#:~:text=Casinos%20and%20bookmakers%20in%20Great,as%20soon%20as%20this%20week">https://www.theguardian.com/society/2024/nov/25/labour-poised-announce-ratify-100m-gambling-levy-addiction-charity#:~:text=Casinos%20and%20bookmakers%20in%20Great,as%20soon%20as%20this%20week</a>.

Macro Notification

General

'Labour poised to announce £100m levy on gambling companies' - The Guardian

MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) underwent analysis by 11 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">7</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $51.09, a high estimate of $56.00, and a low estimate of $43.00. A 4.59% drop is evident in the current average compared to the previous average price target of $53.55. 
<img src="https://www.benzinga.com/files/images/story/2024/1732550456_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The standing of MGM Resorts Intl among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jordan Bender</td>
<td>JMP Securities</td>
<td>Lowers</td>
<td>Market Outperform</td>
<td>$50.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Jordan Bender</td>
<td>JMP Securities</td>
<td>Lowers</td>
<td>Market Outperform</td>
<td>$54.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$50.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$56.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$56.00</td>
<td>$58.00</td>
</tr>
<tr>
<td>Stephen Grambling</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$44.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Daniel Politzer</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$47.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$54.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Jordan Bender</td>
<td>JMP Securities</td>
<td>Lowers</td>
<td>Market Outperform</td>
<td>$56.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Carlo Santarelli</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Buy</td>
<td>$52.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Stephen Grambling</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$43.00</td>
<td>$44.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MGM Resorts Intl. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of MGM Resorts Intl compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of MGM Resorts Intl's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into MGM Resorts Intl's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MGM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MGM Resorts Intl analyst ratings.</a>
<h2>Delving into MGM Resorts Intl's Background</h2>
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
<h3>MGM Resorts Intl's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Over the 3 months period, MGM Resorts Intl showcased positive performance, achieving a revenue growth rate of 5.28% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: MGM Resorts Intl's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 4.41%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): MGM Resorts Intl's ROE stands out, surpassing industry averages. With an impressive ROE of 5.72%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): MGM Resorts Intl's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.44%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 9.9, caution is advised due to increased financial risk.
<h2>What Are Analyst Ratings?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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