29-Apr-2026
TipRanks (Thu, 30-Apr 5:00 AM ET)
MGM outlines $200M-$225M Japan funding in 2026 while eyeing faster share repurchases
Seeking Alpha News (Wed, 29-Apr 7:42 PM ET)
MGM China Reports 2026 First Quarter Results
PRNewswire (Wed, 29-Apr 6:34 PM ET)
MGM Resorts points to a bounceback in Las Vegas properties, strong results in Macau
Seeking Alpha News (Wed, 29-Apr 4:28 PM ET)
MGM Resorts Non-GAAP EPS of $0.49 misses by $0.04, revenue of $4.45B beats by $70M
Seeking Alpha News (Wed, 29-Apr 4:19 PM ET)
MGM RESORTS INTERNATIONAL REPORTS FIRST QUARTER 2026 FINANCIAL AND OPERATING RESULTS
PRNewswire (Wed, 29-Apr 4:15 PM ET)
VICI Properties Inc. Announces First Quarter 2026 Results
Business Wire (Wed, 29-Apr 4:15 PM ET)
Here are the major earnings after the close Wednesday
Seeking Alpha News (Wed, 29-Apr 10:00 AM ET)
MGM Resorts Q1 2026 Earnings Preview
Seeking Alpha News (Tue, 28-Apr 5:35 PM ET)
IAC changes name, shifting focus to publishing and MGM Resort investment
Seeking Alpha News (Tue, 28-Apr 2:43 PM ET)
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 56% of total EBITDAR in 2025. MGM also owns US regional assets, which represented a low 20s share of 2025 EBITDAR (MGM's Macao EBITDAR was 23% of the total in 2025). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
MGM Resorts International trades on the NYSE stock market under the symbol MGM.
As of April 29, 2026, MGM stock price declined to $39.27 with 5,091,928 million shares trading.
MGM has a beta of 1.01, meaning it tends to be more sensitive to market movements. MGM has a correlation of 0.17 to the broad based SPY ETF.
MGM has a market cap of $10.05 billion. This is considered a Large Cap stock.
Last quarter MGM Resorts International reported $5 billion in Revenue and $1.60 earnings per share. This beat revenue expectation by $219 million and exceeded earnings estimates by $.96.
In the last 3 years, MGM traded as high as $51.35 and as low as $25.30.
The top ETF exchange traded funds that MGM belongs to (by Net Assets): VTI, RSP, VOO, VB, IVV.
MGM has underperformed the market in the last year with a return of +21.9%, while SPY returned +30.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MGM shares. However, MGM has outperformed the market in the last 3 month and 2 week periods, returning +19.9% and +6.9%, while SPY returned +2.6% and +2.5%, respectively. This indicates MGM has been having a stronger performance recently.
MGM support price is $38.74 and resistance is $40.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MGM shares will trade within this expected range on the day.