Key facts, as of
As of September 29, 2026, MGM Resorts (MGM) trades at $31.52, down 13.7% over the past year. Its 52-week range runs from $29.19 to $51.59; the price is 38.9% below that high. It sits 20.9% below its 200-day average of $39.85, the usual sign of a long-term downtrend. Its 30-day volatility is 41.4% annualized, which we rate high risk. It has a trailing P/E of 19.1.
Cite: Portfolio Terminal, "MGM Resorts (MGM) stock analysis", 2026-09-29. https://portfolio-terminal.com/analyse/mgm
Where it trades today
trading 10% of the way up its 52-week range
How the price has moved
What to weigh before acting
What Matters Now
- Demand sensitivity, pricing power, and how exposed the business is to macro slowdowns matter more than headline growth alone.
- MGM is valued near its sector range at 19.1x earnings versus 20.0x for peers, so the next move likely needs a real earnings or guidance catalyst.
- Recent realized volatility is running around 41.4%, above the sector norm of 26.0%, so position sizing matters more than usual.
- MGM remains in a bearish short-term trend and sits 38.9% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- MGM is more useful for investors comparing conviction names inside consumer cyclical than for someone looking for a passive “set and forget” holding.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- It is best monitored alongside valuation discipline, because strong narratives in consumer cyclical can stay expensive longer than expected.
What Would Change the View
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
- There is little income cushion here, so total return depends mainly on price appreciation and execution staying on track.
Methodology
- Price, market cap, beta, yield, and liquidity fields for MGM come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Consumer Cyclical so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AMZN, TSLA, HD.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for MGM. Last refresh: Sep 29, 2026, 10:33 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AMZN, TSLA, HD.
What MGM Resorts does
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. Its casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. The company's customers include premium gaming customers; leisure and wholesale travel customers; business travelers;…
What analysts expect
MGM carries a buy consensus from 19 analysts, with an average price target of $49.33 versus $31.52 today (+56.5%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
MGM generated $17.76B in trailing revenue (1.0% year over year), with a 2.4% net margin, and $878.99M of free cash flow, against $27.40B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $17.54B | $7.79B | $1.34B | $205.86M | $0.77 | $1.46B |
| 2024 | $17.24B | $7.85B | $1.67B | $746.56M | $2.42 | $1.21B |
| 2023 | $16.16B | $7.61B | $1.58B | $1.14B | $3.22 | $1.76B |
| 2022 | $13.13B | $6.47B | -$1.71B | $1.47B | $3.52 | $991.39M |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
How it sits in consumer cyclical
Discretionary spending sector sensitive to economic cycles, including retail and automotive.
The companies it competes with
MGM beside the consumer cyclical names it is usually measured against.
AMZNAmazon.com Inc.$246.67$2.66TWhat the chart is saying
Slipped under its 50-day average inside a longer uptrend.
weakening- Price is 24.7% below its 50-day average and 20.9% below its 200-day.
- RSI at 13 is oversold: selling has been one-sided.
- The nearest ceiling is $33.53 (+6.4%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is MGM a good buy right now?
MGM Resorts trades at 19.1x earnings. This is near market average. Current risk level is High based on 41.4% volatility.
Does MGM pay dividends?
MGM Resorts does not currently pay a regular dividend. The company may be reinvesting profits for growth.
How volatile is MGM?
With 30-day annualized volatility of 41.4% and beta of 1.28, MGM is classified as High risk. Expect larger swings than the broader market during volatile periods.
What is the analyst price target for MGM?
The average analyst price target for MGM Resorts (MGM) is $49.33 based on 19 analyst estimates, about 56.5% above the current price of $31.52. The published range runs from $40.00 to $57.00.
How much revenue does MGM generate?
MGM Resorts reported $17.76B in trailing twelve-month revenue. Revenue growth is running at 1.0% year over year. Net margin sits at 2.4%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare MGM with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.