MGM Resorts International (MGM) Expected to Release Earnings on Wednesday

MGM Resorts International (NYSE:MGM) is expected to announce its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect MGM Resorts International to announce earnings of $0.5620 per share and revenue of $4.4211 billion for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

MGM Resorts International (NYSE:MGM) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.07). The company had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $4.37 billion. MGM Resorts International had a net margin of 1.03% and a return on equity of 24.43%. The company’s revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.69 earnings per share. On average, analysts expect MGM Resorts International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

MGM Resorts International Trading Up 1.7%

MGM opened at $46.33 on Tuesday. The firm has a market cap of $11.85 billion, a price-to-earnings ratio of 64.34 and a beta of 1.29. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 1.93. MGM Resorts International has a 12 month low of $29.18 and a 12 month high of $51.59. The stock has a fifty day moving average price of $45.79 and a 200-day moving average price of $39.71.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on MGM shares. Citigroup lifted their target price on MGM Resorts International from $40.00 to $48.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Weiss Ratings raised shares of MGM Resorts International from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 15th. Stifel Nicolaus reissued a “hold” rating and set a $49.00 price target (up from $48.00) on shares of MGM Resorts International in a research report on Monday, June 15th. Jefferies Financial Group restated a “hold” rating on shares of MGM Resorts International in a report on Thursday, July 2nd. Finally, Mizuho reduced their price objective on shares of MGM Resorts International from $62.00 to $59.00 and set an “outperform” rating for the company in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, MGM Resorts International presently has an average rating of “Hold” and a consensus target price of $52.31.

Insider Buying and Selling

In other MGM Resorts International news, Director Daniel J. Taylor sold 6,675 shares of MGM Resorts International stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $38.44, for a total transaction of $256,587.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.38% of the company’s stock.

Hedge Funds Weigh In On MGM Resorts International

Institutional investors and hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in MGM Resorts International by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,652 shares of the company’s stock worth $582,000 after acquiring an additional 951 shares during the period. NewEdge Advisors LLC lifted its holdings in MGM Resorts International by 12.1% in the first quarter. NewEdge Advisors LLC now owns 3,893 shares of the company’s stock valued at $115,000 after acquiring an additional 421 shares during the period. Woodline Partners LP lifted its holdings in MGM Resorts International by 39.1% in the first quarter. Woodline Partners LP now owns 18,901 shares of the company’s stock valued at $560,000 after acquiring an additional 5,312 shares during the period. EverSource Wealth Advisors LLC boosted its position in MGM Resorts International by 57.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,248 shares of the company’s stock worth $112,000 after purchasing an additional 1,182 shares in the last quarter. Finally, Jump Financial LLC boosted its position in MGM Resorts International by 221.9% in the 2nd quarter. Jump Financial LLC now owns 26,782 shares of the company’s stock worth $921,000 after purchasing an additional 18,463 shares in the last quarter. Institutional investors and hedge funds own 68.11% of the company’s stock.

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.