MGM Resorts International (NYSE:MGM) Price Target Raised to $39.00

MGM Resorts International (NYSE:MGM) had its target price increased by Truist Financial from $38.00 to $39.00 in a research report report published on Friday morning,Benzinga reports. The firm currently has a hold rating on the stock.

Several other research firms have also recently commented on MGM. Citigroup dropped their price objective on MGM Resorts International from $51.00 to $47.50 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Wells Fargo & Company upped their target price on shares of MGM Resorts International from $29.00 to $31.00 and gave the company an “underweight” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. lifted their price target on shares of MGM Resorts International from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. UBS Group decreased their price objective on shares of MGM Resorts International from $39.00 to $37.00 and set a “neutral” rating for the company in a report on Monday, November 17th. Finally, Texas Capital upgraded shares of MGM Resorts International to a “strong-buy” rating in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, MGM Resorts International has a consensus rating of “Hold” and a consensus target price of $43.82.

MGM Resorts International Price Performance

Shares of MGM opened at $37.49 on Friday. MGM Resorts International has a twelve month low of $25.30 and a twelve month high of $41.32. The company has a market capitalization of $10.25 billion, a P/E ratio of 49.99 and a beta of 1.44. The firm has a 50 day moving average of $35.62 and a 200 day moving average of $34.98. The company has a quick ratio of 1.19, a current ratio of 1.23 and a debt-to-equity ratio of 1.80.

MGM Resorts International (NYSE:MGM) last released its quarterly earnings data on Thursday, February 5th. The company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.96. The business had revenue of $4.61 billion for the quarter, compared to analysts’ expectations of $4.42 billion. MGM Resorts International had a return on equity of 25.46% and a net margin of 1.17%.During the same period in the prior year, the firm posted $0.45 EPS. As a group, equities research analysts anticipate that MGM Resorts International will post 2.21 earnings per share for the current fiscal year.

Insider Buying and Selling at MGM Resorts International

In other MGM Resorts International news, major shareholder Iac Inc. purchased 1,098,748 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were acquired at an average price of $36.30 per share, for a total transaction of $39,884,552.40. Following the purchase, the insider directly 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.06% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On MGM Resorts International

Institutional investors have recently bought and sold shares of the stock. Global Retirement Partners LLC grew its holdings in MGM Resorts International by 55.9% during the fourth quarter. Global Retirement Partners LLC now owns 784 shares of the company’s stock valued at $29,000 after purchasing an additional 281 shares during the period. Asset Management One Co. Ltd. lifted its position in shares of MGM Resorts International by 4.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 7,700 shares of the company’s stock valued at $286,000 after buying an additional 313 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of MGM Resorts International by 4.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 7,975 shares of the company’s stock valued at $274,000 after acquiring an additional 315 shares during the period. Vanguard Personalized Indexing Management LLC increased its holdings in MGM Resorts International by 0.8% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 39,763 shares of the company’s stock worth $1,378,000 after acquiring an additional 328 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in MGM Resorts International by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 64,006 shares of the company’s stock worth $2,218,000 after acquiring an additional 397 shares during the period. 68.11% of the stock is owned by institutional investors.

Key MGM Resorts International News

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

• Positive Sentiment: Q4 earnings and revenue topped estimates, driven by strong Macau performance, digital growth and regional casinos; EPS $1.60 vs. consensus ~ $0.63, and consolidated revenue/EBITDA gains. MGM Resorts Q4 Earnings & Revenues Top Estimates, Rise Y/Y
• Positive Sentiment: MGM highlighted full-year and Q4 cash returns from BetMGM (distributed $135M in 4Q25) and sizable share repurchases (15M in 4Q, 37.5M in 2025), which support future EPS and free cash flow per share. MGM Resorts International Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: MGM China reported record 4Q adjusted EBITDA and all-time highs in revenue/market share for 2025, reinforcing Macau as a growth engine for the group. MGM China Reports 2025 Annual Results
• Positive Sentiment: Company reported $17.5B revenue for 2025, signaling underlying scale and recovery outside Las Vegas. MGM Resorts revenue hits $17.5 billion in 2025
• Positive Sentiment: Truist raised its price target from $38 to $39 (hold), reflecting modest analyst support after the quarter. MGM Resorts International Upgraded at Truist Financial
• Neutral Sentiment: Detailed investor materials (earnings presentation and full call transcript) are available for parsing guidance and segment-level metrics. MGM Resorts International Q4 2025 Earnings Call Transcript
• Neutral Sentiment: MGM moved its earnings release earlier (timing change only). MGM Resorts International Updates Earnings Release Date
• Negative Sentiment: Las Vegas/Strip results were weaker in 2025 and the Strip was down in Q4, creating near-term headwinds for MGM’s largest market. MGM Resorts down in Las Vegas in Q4, though CEO remains optimistic
• Negative Sentiment: Analysts flagged questions about costs in Macau despite record EBITDA at MGM China, which could pressure margins if costs persist. MGM China had ‘record’ 4Q EBITDA but ‘questions’ regarding costs: analysts
• Negative Sentiment: Management acknowledged weaker Strip demand in 2025 even as early indicators show improvement — a mixed recovery that could keep investors cautious on near-term Vegas cash flow. MGM sees improving demand indicators following weaker 2025 performance on the Strip

About MGM Resorts International

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.