Is MGM Resorts International Stock Underperforming the Dow?

Core Insights - MGM Resorts International is a significant player in the hospitality and gaming industry, with a market capitalization of approximately $9.5 billion [1][2] - The company is currently trading 18.3% below its 52-week high of $42.53, reached on October 29, 2024, and has underperformed compared to the Dow Jones Industrials Average [3][4] Performance Analysis - Over the past three months, MGM stock has gained 4.6%, while the Dow Jones Industrials Average has increased by 8.7% [3] - Year-to-date, MGM has shown marginal growth, contrasting with the Dow Jones' 8.8% increase, and has declined 5.6% over the past 52 weeks compared to the Dow Jones' 9.9% returns [4] - The stock has faced challenges due to weaker results in Las Vegas operations, room remodels, lower table-games performance, and increased competition from regional casinos [6] Technical Indicators - MGM's stock has shown resilience by remaining above the 200-day moving average since July, despite earlier underperformance [5] - The stock crossed above the 50-day moving average in late April, indicating a potential shift in momentum [5] Competitive Landscape - MGM has underperformed relative to its competitor, Las Vegas Sands Corp., which has seen a 3.3% increase year-to-date and a 26% rise over the past 52 weeks [7] - Despite the challenges, analysts maintain a moderately bullish outlook on MGM, with a consensus rating of "Moderate Buy" and a mean price target of $47.56, suggesting a potential upside of 36.8% from its last closing price [7]