MGM Resorts International (NYSE:MGM) is scheduled to release its earnings data before the market opens on Tuesday, February 20th. Analysts expect MGM Resorts International to post earnings of $0.09 per share for the quarter.
MGM Resorts International (NYSE MGM) opened at $33.20 on Tuesday. The stock has a market cap of $18,800.00, a price-to-earnings ratio of 32.55, a PEG ratio of 5.88 and a beta of 1.43. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.98 and a current ratio of 1.02. MGM Resorts International has a 1-year low of $25.15 and a 1-year high of $38.41.
Several brokerages have recently issued reports on MGM. Zacks Investment Research upgraded shares of MGM Resorts International from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a report on Monday, February 5th. Stifel Nicolaus downgraded shares of MGM Resorts International from a “buy” rating to a “hold” rating and lowered their price target for the stock from $38.00 to $33.00 in a report on Wednesday, October 18th. JPMorgan Chase & Co. upped their price target on shares of MGM Resorts International from $39.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday, November 1st. Jefferies Group began coverage on shares of MGM Resorts International in a report on Thursday, January 18th. They set a “buy” rating and a $43.00 price target for the company. Finally, Nomura lowered their price target on shares of MGM Resorts International from $38.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, November 1st. Four investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $37.38.
About MGM Resorts International
MGM Resorts International is a holding company. The Company, through its subsidiaries, owns and operates casino resorts. The Company operates in two segments: domestic resorts and MGM China. Its domestic resorts segment consists of non-gaming operations, including hotel, food and beverage, entertainment and other non-gaming amenities.
Receive News & Ratings for MGM Resorts International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MGM Resorts International and related companies with MarketBeat.com's FREE daily email newsletter.