Financial Performance
5Y price score: 4
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 90%
US$ Per
Share
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29.1
52-week range
51.5
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
14.6 %
Dividend Yield TTM
-
Market cap $
$ 10,904
Price / Earnings TTM
26.3
Price / Book TTM
4.4
PEG TTM
0.1
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
13.7 %
2.9 %
90 %
Free cash flow per share growth
(10.1) %
276.4 %
840.3 %
Earnings per share growth
516.7 %
128.5 %
192.7 %
Founded: 1,986
Employees: 78,000
Business Summary:
Latest Earnings Call Takeaways
2026 Q2 (Jul 29, 2026)
1) Strategy & Leadership
- MGM Resorts is evaluating a proposal from People Incorporated through a special committee of independent directors.
- The company is focused on enhancing luxury experiences and expanding its offerings in Las Vegas, including remodeling and new concepts.
- MGM is committed to investing in its regional operations and is optimistic about future growth in both Las Vegas and Macau.
2) Financial & Segment Results
- MGM reported record second quarter consolidated net revenue, with significant contributions from Las Vegas Strip resorts and a 20% YoY revenue growth at MGM Digital.
- Las Vegas revenue was bolstered by strong group and convention business, achieving the highest second quarter convention ADR and catering revenue in history.
- Regional operations also saw all-time best revenue on a same-store basis, with record revenues at Borgata and Beau Rivage.
- MGM China maintained a market share of 16.4%, with a rebound in volumes observed post-World Cup.
3) Operational Plans & Product Initiatives
- The company is enhancing its luxury offerings, including renovations at Bellagio and ARIA, and expanding premium gaming areas.
- MGM Digital is focusing on growth in iGaming and sports betting, with double-digit revenue growth and a strategy to self-fund investments in Brazil.
- The launch of all-inclusive packages has attracted nearly 50% first-time visitors, stabilizing occupancy at Luxor and Excalibur.
4) Guidance & Outlook
- MGM expects continued positive momentum driven by a solid group and convention calendar, particularly in the tech sector.
- The company is on track for a strong performance in the second half of 2026, with optimistic projections for 2027 based on current bookings.
- MGM's capital investment for Japan is projected to be between $125 million and $175 million for the second half of the year, with a total commitment of approximately $1 billion for 2027 and 2028.
5) Problems / Headwinds
- The company faced challenges in June due to seasonal heat and the World Cup impacting Macau volumes, but has since seen recovery.
- There is ongoing competition in the regional market, and while Las Vegas is stabilizing, international travel remains below pre-pandemic levels.
Bottom line: MGM Resorts is well-positioned for growth with record revenues and strong operational momentum, particularly in Las Vegas and digital segments. The strategic focus on luxury experiences and regional investments, alongside a rebound in Macau, supports a positive outlook for shareholders.
Annual Reports, Presentations And IR Contacts
Go to the websiteMGM Resorts — Financial Overview, Stock Price, Market Cap
MGM Resorts is a company. Founded in 1986. As of August 26, 2026, the company's market capitalization is $10904335115 with a current stock price of $43.34.