MGM Resorts International with ticker code (MGM) have now 16 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 68 and 38 and has a mean target at $54.82. Given that the stocks previous close was at $43.44 this indicates there is a potential upside of 26.2%. The day 50 moving average is $43.32 and the 200 day MA is $37.03. The company has a market cap of $15,799m. You can visit the company’s website by visiting: https://www.mgmresorts.com
The potential market cap would be $19,938m based on the market consensus.
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. 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.
The company has a dividend yield of 0.02% with the ex dividend date set at 8-12-2022 (DMY).
Other points of data to note are a P/E ratio of 12.46, revenue per share of 31.97 and a -2.48% return on assets.
