DailyIQ
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Sector:Consumer CyclicalAll sectors
Last updated 1 minute ago

MGM·MGM Resorts International

$.
+. (+.%)
High
$43.20
Open
$41.93
Market Cap
10.75B
52W High
$42.71
Low
$41.18
P. Close
$41.95
P/E
58.91
52W Low
$29.19
Fwd P/E
18.49
Mean Target
$43.89
Technical Score (1D)
100
BUY
News Sentiment
72
BULLISH
MGM Resorts International shares saw a significant surge today following multiple analyst upgrades, with JPMorgan initiating an "Overweight" rating and Truist Securities also upgrading the stock. These upgrades are driven by expectations of a strong rebound in Las Vegas consumer demand and stabilizing room rates on the Strip. Analysts are citing MGM's attractive valuation and free cash flow yield, suggesting that earnings estimates for Las Vegas operations may have already bottomed. This positive sentiment is further supported by the resilience of U.S. leisure travel, which is contributing to an improved growth outlook for the company. Investors should monitor MGM's execution on growth initiatives and the broader competitive landscape in the gaming and hospitality sector. Meanwhile, broader market sentiment in the online gaming sector appears to be shifting, with some institutional investors reportedly reducing exposure to U.S. operators and refocusing on international markets, as exemplified by Super Group's strategic pivot.
Earnings Summary
MGM Resorts International is a prominent gaming and entertainment company operating integrated casino resorts and digital platforms in the United States and China, offering a comprehensive hospitality experience that includes gaming, lodging, dining, and entertainment. The company's business model extends to online gaming and digital sports betting through its BetMGM platform, serving a diverse clientele from high-end gamers to leisure travelers and convention groups. In its most recent reported quarters, MGM Resorts demonstrated a mixed performance in earnings per share (EPS) against analyst estimates, while revenue figures were available for some periods. For Q2 2025, EPS was $0.79 against an estimate of $0.54849, and for Q3 2025, EPS was $0.24 against an estimate of $0.29944. Revenue for Q2 2025 was $4.40 billion, and for Q3 2025 was $4.25 billion. Looking at the historical trend, MGM Resorts has shown an inconsistent pattern in beating EPS estimates, with notable beats in Q4 2024 ($0.45 actual vs. $0.33845 estimate) and Q1 2025 ($0.69 actual vs. $0.44713 estimate), but a miss in Q3 2025. The company's revenue performance has been generally strong, with actual revenues reported for Q4 2024 ($4.35 billion), Q1 2025 ($4.28 billion), Q2 2025 ($4.40 billion), and Q3 2025 ($4.25 billion). Recent news highlights MGM Resorts reporting record first-quarter revenue, driven by strong China operations and digital segments, though it missed EPS expectations. Macquarie adjusted its price target to $46 from $48 while maintaining an 'Outperform' rating, indicating continued confidence despite valuation scrutiny. The extension of the "Thunder from Down Under" show at Excalibur with a showroom renovation also signals a focus on proven entertainment attractions. Investors will be watching for MGM's ability to improve cost management and demonstrate sustainable profitability, alongside the impact of its entertainment investments and any potential sector consolidation.

EPS

EstBeatMiss
$0.16$0.34$0.52$0.69$0.87Q4'24Q1'25Q2'25Q3'25Q4'25
QtrEstActual+/−
Q4'25$0.61 - -
Q3'25$0.30$0.24-19.9%
Q2'25$0.55$0.79+44.0%
Q1'25$0.45$0.69+54.3%
Q4'24$0.34$0.45+33.0%

Revenue

EstBeatMiss
$4.2B$4.3B$4.4B$4.4B$4.5BQ4'24Q1'25Q2'25Q3'25Q4'25
QtrEstActual+/−
Q4'25$4.5B - -
Q3'25 - $4.3B -
Q2'25 - $4.4B -
Q1'25 - $4.3B -
Q4'24 - $4.3B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

MGM Stock Snapshot

MGM is currently trading at $43.02, giving MGM Resorts International a market cap of 10.75B and a P/E ratio of 58.9. Today's range spans $41.18–$43.20, with shares opening at $41.93 and moving up $1.07 (2.6%) from the prior close. DailyIQ's technical score sits at 100/100 (BUY) with a news sentiment reading of 72/100.

Over the past year MGM has traded between $29.19 and $42.71 - the current price is +47.4% off the 52-week low and +0.7% from the high. 31 analysts cover the stock with a Hold consensus and a mean 12-month target of $43.89 (range $33.00–$59.00), implying upside of +2.0%.

The breakout geometry on MGM is constructive - price at $43.02 (near 52-week highs in $29.19–$42.71), scoring 100/100 (BUY) with bullish sentiment (72/100). (P/E: 58.9) At 10.75B in Consumer Cyclical market cap, technical breakouts through prior resistance at this capitalization tier tend to be better validated than in smaller-cap peers - institutional participation means that cleared levels attract follow-through buying rather than immediate fade behavior.

The combination of a BUY signal (100/100) and bullish news sentiment (72/100) puts MGM on the screens of active managers who run quality-momentum overlays — a cohort that can build meaningful positions at 10.75B in Consumer Cyclical market cap without immediately moving the stock. At $43.02 (near 52-week highs in the $29.19–$42.71 range), the entry discipline is clean and the potential re-rating if sentiment continues to improve is meaningful.