MGM Resorts International (MGM) Stock Forecast & Price Target
MGM Resorts International · NYSE
$46.22-0.08 (-0.17%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 13 firms covering MGM Resorts International, 5 rate it Buy or better, 7 sit at Hold, and 1 rate it Sell or worse, a hold consensus. Targets span $35.00 to $55.00, a moderate spread. The average target of $47.66 sits 3% above the current $46.22. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 3 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.23 next quarter toward $2.21 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS13 ratings
Hold
Strong Buy00%
Buy538%
Hold754%
Sell18%
Strong Sell00%
Based on 13 analysts giving stock ratings to MGM Resorts International.
As of Jul, 4 of 12 firms rate MGM a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
MGM EPS & revenue forecast
EPS · NEXT QUARTER
$0.23
Range $0.04 – $0.43 · 12 analysts · -5% YoY
Next period, 12 analysts expect MGM Resorts International to earn $0.23 a share (range $0.04 – $0.43), versus $0.24 a year earlier. Full-year consensus is $1.79, growing to $2.21 the year after.
REVENUE · NEXT QUARTER
$4.3B
Range $3.9B – $4.4B · 12 analysts · +0% YoY
Revenue is expected to reach $4.3B (range $3.9B – $4.4B), +0.5% year-over-year. Full-year consensus is $17.7B, rising to $17.9B next year.
Top analysts covering MGM Resorts International
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MGM.
#1
Jordan Bender
JMP Securities · Rank #382
Hold
No targeton MGM
Overall win rate
14%
+ Follow
#2
Barry Jonas
Truist Securities
Buy
$55.00+19.0% to target
Coverage
—
+ Follow
#3
DP
Daniel Politzer
JP Morgan
Buy
$53.00+14.7% to target
Coverage
—
+ Follow
#4
Brandt Montour
Barclays
Hold
$48.00+3.9% to target
Coverage
—
+ Follow
#5
Trey Bowers
Wells Fargo
Hold
$48.30+4.5% to target
Coverage
—
+ Follow
MGM stock forecast FAQ
What is MGM's average 12-month price target?+
The 11 analysts with a live target average $47.66 for MGM Resorts International over the next 12 months, ranging from a $55.00 high to a $35.00 low.
Is MGM stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 13 analyst ratings, 5 are Buy or Strong Buy, 7 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for MGM?+
The Street-high target is $55.00 (Truist Securities), and the Street-low is $35.00 (Morgan Stanley). The average of all 11 active targets is $47.66.
How many Wall Street analysts cover MGM?+
13 analysts have an active rating on MGM Resorts International, and 11 firms carry a live 12-month price target.
Who is the most accurate analyst covering MGM?+
Among analysts who currently cover MGM, Jordan Bender of JMP Securities has the strongest overall Quantellect track record (Rank #382). Their current call is Hold.
What is MGM Resorts International's projected EPS for next quarter?+
The consensus estimate is $0.23 per share (range $0.04 – $0.43) across 12 analysts. Full-year EPS is projected at $1.79, rising to $2.21 the following year.
How much revenue is MGM Resorts International expected to report next quarter?+
Consensus revenue is $4.3B (range $3.9B – $4.4B). Full-year revenue is projected at $17.7B, growing to $17.9B next year.
Have analysts been upgrading or downgrading MGM lately?+
As of Jul, 4 of 12 firms rate MGM a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MGM calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
