(MGM) MGM Resorts International - Overview
Stock: Casinos, Hotels, Gaming, Entertainment, Digital
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 37.9% |
| Relative Tail Risk | -9.04% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.31 |
| Alpha | -10.45 |
| Character TTM | |
|---|---|
| Beta | 1.372 |
| Beta Downside | 1.218 |
| Drawdowns 3y | |
|---|---|
| Max DD | 49.33% |
| CAGR/Max DD | -0.10 |
Description: MGM MGM Resorts International January 04, 2026
MGM Resorts International (NYSE:MGM) operates a portfolio of casino-resort properties across three geographic clusters-Las Vegas Strip, regional U.S. markets, and China-plus a digital betting platform (BetMGM). Its four reporting segments are Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital, each delivering a mix of gaming (slots, tables, live-dealer), hospitality (rooms, conventions, dining), and non-gaming amenities (retail, entertainment). The company serves a broad customer base ranging from high-net-worth gamblers to leisure travelers and corporate groups.
Key recent metrics: FY 2023 total revenue was $13.1 billion, with gaming contributing ~55% and non-gaming (rooms, food-beverage, entertainment) ~45%; RevPAR on the Strip rose 8% YoY, reflecting strong post-pandemic tourism, while MGM China’s revenue declined 12% amid regulatory tightening. Macro drivers include U.S. consumer discretionary spending, which is positively correlated with GDP growth (≈2.5% annualized in 2023) and inversely with real interest rates, and the rollout of sports-betting legislation in additional states, expanding the addressable market for BetMGM.
For a data-rich, forward-looking view of MGM’s valuation sensitivities, you may find ValueRay’s analyst dashboard useful as a next step in your research.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 69.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.19 > 1.0 |
| NWC/Revenue: 4.33% < 20% (prev 5.47%; Δ -1.14% < -1%) |
| CFO/TA 0.06 > 3% & CFO 2.55b > Net Income 69.7m |
| Net Debt (29.39b) to EBITDA (1.76b): 16.71 < 3 |
| Current Ratio: 1.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (272.5m) vs 12m ago -10.20% < -2% |
| Gross Margin: 44.65% > 18% (prev 0.44%; Δ 4420 % > 0.5%) |
| Asset Turnover: 41.07% > 50% (prev 40.48%; Δ 0.58% > 0%) |
| Interest Coverage Ratio: 1.91 > 6 (EBITDA TTM 1.76b / Interest Expense TTM 423.7m) |
Altman Z'' 0.50
| A: 0.02 (Total Current Assets 3.93b - Total Current Liabilities 3.18b) / Total Assets 41.41b |
| B: 0.06 (Retained Earnings 2.32b / Total Assets 41.41b) |
| C: 0.02 (EBIT TTM 810.4m / Avg Total Assets 42.08b) |
| D: 0.07 (Book Value of Equity 2.67b / Total Liabilities 37.96b) |
| Altman-Z'' Score: 0.50 = B |
Beneish M -3.14
| DSRI: 0.93 (Receivables 1.10b/1.18b, Revenue 17.28b/17.30b) |
| GMI: 1.00 (GM 44.65% / 44.49%) |
| AQI: 1.00 (AQ_t 0.19 / AQ_t-1 0.19) |
| SGI: 1.00 (Revenue 17.28b / 17.30b) |
| TATA: -0.06 (NI 69.7m - CFO 2.55b) / TA 41.41b) |
| Beneish M-Score: -3.14 (Cap -4..+1) = AA |
What is the price of MGM shares?
Over the past week, the price has changed by +11.94%, over one month by +6.66%, over three months by +14.12% and over the past year by +9.11%.
Is MGM a buy, sell or hold?
- StrongBuy: 14
- Buy: 3
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the MGM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 41.5 | 10.7% |
| Analysts Target Price | 41.5 | 10.7% |
| ValueRay Target Price | 37.1 | -1% |
MGM Fundamental Data Overview February 03, 2026
P/E Forward = 14.5985
P/S = 0.5309
P/B = 3.4076
P/EG = 1.3962
Revenue TTM = 17.28b USD
EBIT TTM = 810.4m USD
EBITDA TTM = 1.76b USD
Long Term Debt = 6.16b USD (from longTermDebt, last quarter)
Short Term Debt = 173.2m USD (from shortTermDebt, last quarter)
Debt = 31.52b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 29.39b USD (from netDebt column, last quarter)
Enterprise Value = 38.56b USD (9.17b + Debt 31.52b - CCE 2.13b)
Interest Coverage Ratio = 1.91 (Ebit TTM 810.4m / Interest Expense TTM 423.7m)
EV/FCF = 28.16x (Enterprise Value 38.56b / FCF TTM 1.37b)
FCF Yield = 3.55% (FCF TTM 1.37b / Enterprise Value 38.56b)
FCF Margin = 7.93% (FCF TTM 1.37b / Revenue TTM 17.28b)
Net Margin = 0.40% (Net Income TTM 69.7m / Revenue TTM 17.28b)
Gross Margin = 44.65% ((Revenue TTM 17.28b - Cost of Revenue TTM 9.56b) / Revenue TTM)
Gross Margin QoQ = 43.42% (prev 44.48%)
Tobins Q-Ratio = 0.93 (Enterprise Value 38.56b / Total Assets 41.41b)
Interest Expense / Debt = 0.32% (Interest Expense 102.3m / Debt 31.52b)
Taxrate = 4.70% (52.5m / 1.12b)
NOPAT = 772.3m (EBIT 810.4m * (1 - 4.70%))
Current Ratio = 1.23 (Total Current Assets 3.93b / Total Current Liabilities 3.18b)
Debt / Equity = 11.78 (Debt 31.52b / totalStockholderEquity, last quarter 2.68b)
Debt / EBITDA = 16.71 (Net Debt 29.39b / EBITDA 1.76b)
Debt / FCF = 21.46 (Net Debt 29.39b / FCF TTM 1.37b)
Total Stockholder Equity = 2.88b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.17% (Net Income 69.7m / Total Assets 41.41b)
RoE = 2.42% (Net Income TTM 69.7m / Total Stockholder Equity 2.88b)
RoCE = 8.96% (EBIT 810.4m / Capital Employed (Equity 2.88b + L.T.Debt 6.16b))
RoIC = 8.42% (NOPAT 772.3m / Invested Capital 9.17b)
WACC = 2.71% (E(9.17b)/V(40.69b) * Re(10.97%) + D(31.52b)/V(40.69b) * Rd(0.32%) * (1-Tc(0.05)))
Discount Rate = 10.97% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -10.49%
[DCF Debug] Terminal Value 86.10% ; FCFF base≈1.35b ; Y1≈1.32b ; Y5≈1.34b
Fair Price DCF = 38.58 (EV 39.94b - Net Debt 29.39b = Equity 10.55b / Shares 273.5m; r=5.90% [WACC]; 5y FCF grow -3.37% → 2.90% )
EPS Correlation: 44.55 | EPS CAGR: -0.17% | SUE: -3.51 | # QB: 0
Revenue Correlation: 87.94 | Revenue CAGR: 9.19% | SUE: 0.11 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.63 | Chg30d=-0.055 | Revisions Net=-2 | Analysts=9
EPS next Year (2026-12-31): EPS=2.16 | Chg30d=+0.028 | Revisions Net=-2 | Growth EPS=-4.4% | Growth Revenue=+1.0%