MGM Resorts International (NYSE:MGM) Upgraded at Truist Financial

Truist Financial upgraded shares of MGM Resorts International (NYSE:MGM) from a hold rating to a strong-buy rating in a report published on Tuesday morning,Zacks.com reports.

Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. lifted their price objective on MGM Resorts International from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Stifel Nicolaus set a $45.00 price target on MGM Resorts International in a research report on Thursday, October 30th. Citigroup cut their price objective on MGM Resorts International from $51.00 to $47.50 and set a “buy” rating for the company in a report on Thursday, October 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of MGM Resorts International in a research note on Monday, December 29th. Finally, Susquehanna dropped their target price on shares of MGM Resorts International from $52.00 to $46.00 and set a “positive” rating for the company in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, MGM Resorts International has an average rating of “Hold” and an average price target of $43.85.

MGM Resorts International Price Performance

Shares of NYSE:MGM opened at $36.23 on Tuesday. The company has a 50 day moving average of $35.57 and a 200 day moving average of $35.03. The stock has a market cap of $9.91 billion, a P/E ratio of 226.45 and a beta of 1.44. MGM Resorts International has a 12 month low of $25.30 and a 12 month high of $41.32. The company has a current ratio of 1.23, a quick ratio of 1.19 and a debt-to-equity ratio of 1.80.

MGM Resorts International (NYSE:MGM) last posted its earnings results on Wednesday, February 11th. The company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.97. The business had revenue of $4.61 billion for the quarter, compared to analysts’ expectations of $4.42 billion. MGM Resorts International had a net margin of 0.40% and a return on equity of 17.23%. During the same period in the prior year, the company posted $0.45 EPS. As a group, sell-side analysts forecast that MGM Resorts International will post 2.21 EPS for the current fiscal year.

Insider Buying and Selling

In other MGM Resorts International news, major shareholder Iac Inc. purchased 1,098,748 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were purchased at an average cost of $36.30 per share, with a total value of $39,884,552.40. Following the completion of the purchase, the insider owned 65,822,350 shares of the company’s stock, valued at $2,389,351,305. The trade was a 1.70% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.06% of the stock is owned by insiders.

Hedge Funds Weigh In On MGM Resorts International

Several institutional investors and hedge funds have recently made changes to their positions in the business. CYBER HORNET ETFs LLC purchased a new stake in MGM Resorts International during the second quarter valued at about $25,000. Mendota Financial Group LLC purchased a new stake in MGM Resorts International during the 3rd quarter valued at about $27,000. Mather Group LLC. purchased a new position in MGM Resorts International in the 3rd quarter worth approximately $33,000. Elyxium Wealth LLC purchased a new position in MGM Resorts International in the 4th quarter worth approximately $42,000. Finally, City Holding Co. bought a new stake in MGM Resorts International in the fourth quarter valued at approximately $44,000. Institutional investors own 68.11% of the company’s stock.

MGM Resorts International News Summary

Here are the key news stories impacting MGM Resorts International this week:

• Positive Sentiment: MGM reported stronger-than-expected Q4 results: revenue of $4.61B and EPS of $1.60, beating consensus and showing meaningful YoY profit improvement — a clear near-term fundamental positive. MGM Resorts International reports Q4 and FY2025 results
• Positive Sentiment: BetMGM is generating cash returns: the JV distributed $135M to MGM in 4Q25 and BetMGM reported strong FY2025 performance and an EBITDA inflection, supporting future cash distributions. This underpins MGM’s growth outlook and cash flow expectations. BetMGM FY2025 business update
• Positive Sentiment: Capital return and buybacks: MGM repurchased ~15M shares in 4Q and 37.5M in 2025, materially reducing float since 2021 — a catalyst for EPS accretion and shareholder value. MGM Resorts International reports Q4 and FY2025 results
• Positive Sentiment: MGM China reported all-time highs in revenue, adjusted EBITDA and market share for 2025, strengthening MGM’s Macau exposure and international revenue base. MGM China 2025 annual results
• Neutral Sentiment: Analyst activity: Truist upgraded MGM to strong-buy and some firms reiterated positive views (multiple buy/overweight ratings remain), but price targets are mixed (median ~$38). This provides analyst support but mixed conviction. Analyst upgrade coverage
• Neutral Sentiment: Corporate disclosures/timing: MGM pulled its earnings release forward and provided conference materials and a call — transparency that reduces short-term event risk. Earnings release date update
• Negative Sentiment: Operational headwinds in Las Vegas and macro/structural questions about brick‑and‑mortar gaming persist; coverage highlights risks as sports betting grows and shifts customer behavior. These dynamics could pressure Vegas cash flow and valuations. Article on sports betting vs brick-and-mortar impact
• Negative Sentiment: Insider selling and still-elevated leverage metrics noted in data summaries may weigh on sentiment; margin and net income improvement helped, but balance sheet and low net margin vs. enterprise leverage remain watch items. QuiverQuant earnings summary

MGM Resorts International Company Profile

MGM Resorts International is a leading global hospitality and entertainment company that develops, owns and operates destination resorts, hotels and casinos. Its properties feature integrated gaming floors alongside luxury accommodations, fine dining and retail outlets, live entertainment venues and convention facilities. The company also offers loyalty programs, sports betting and digital gaming experiences to enhance guest engagement and drive repeat visitation.

The company traces its heritage to the opening of the original MGM Grand Hotel & Casino on the Las Vegas Strip in 1973.