MGM Resorts International [NYSE: MGM] surged by $2.57 during the normal trading session on while it closed the day at $34.30.
MGM Resorts International stock has also gained 5.64% of its value over the past 7 days. However, MGM stock has inclined by 5.80% in the 3 months of the year. Over the past six months meanwhile, it has lost -7.15% and lost -1.01% year-on date.
The market cap for MGM stock reached $9.33 billion, with 279.65 million shares outstanding and 207.63 million shares in the current float. Compared to the average trading volume of 5.75M shares, MGM reached a trading volume of 9056354 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about MGM Resorts International [MGM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MGM shares is $45.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MGM stock is a recommendation set at 1.57. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Argus have made an estimate for MGM Resorts International shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 14, 2025. The new note on the price target was released on February 03, 2025, representing the official price target for MGM Resorts International stock. Previously, the target price had yet another raise to $52, while BTIG Research analysts kept a Buy rating on MGM stock.
The Average True Range (ATR) for MGM Resorts International is set at 1.17, with the Price to Sales ratio for MGM stock in the period of the last 12 months amounting to 0.54. The Price to Book ratio for the last quarter was 3.36, with the Price to Cash per share for the same quarter was set at 8.34. Price to Free Cash Flow for MGM in the course of the last twelve months was 8.01 with Quick ratio for the last quarter at 1.26.
MGM stock trade performance evaluation
MGM Resorts International [MGM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.64. With this latest performance, MGM shares dropped by -0.26% in over the last four-week period, additionally sinking by -7.15% over the last 6 months – not to mention a drop of -15.25% in the past year of trading.
MGM Resorts International [MGM]: An insightful look at the core fundamentals
MGM Resorts International’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.26 and a Current Ratio set at 1.31.
Earnings per share (EPS) analysis for MGM Resorts International [MGM] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MGM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for MGM Resorts International go to 4.88%.
MGM Resorts International [MGM]: Institutional Ownership
The top three institutional holders of MGM stocks are: VANGUARD GROUP INC with ownership of 27.95 million shares, which is approximately 8.9821%. BLACKROCK INC., holding 21.56 million shares of the stock with an approximate value of $$958.15 million in MGM stocks shares; and BLACKROCK INC., currently with $$529.35 million in MGM stock with ownership which is approximately 3.8279%.
