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Here's What to Expect From MGM Resorts' Next Earnings Report
Yahoo Finance· 2025-10-10 16:00
Company Overview - MGM Resorts International has a market cap of $8.8 billion and operates iconic resorts including Bellagio, MGM Grand, Mandalay Bay, and The Mirage, through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital [1] Q3 2025 Earnings Expectations - The company is expected to announce its Q3 2025 results on October 29, with analysts predicting an adjusted EPS of $0.42, a decrease of 22.2% from $0.54 in the same quarter last year [2] - MGM Resorts has exceeded Wall Street's earnings estimates in three of the last four quarters, missing on one occasion [2] Fiscal 2025 and 2026 Projections - For fiscal 2025, analysts anticipate an adjusted EPS of $2.43, down 6.2% from $2.59 in fiscal 2024, but expect a year-over-year growth of 14.8% to $2.79 in fiscal 2026 [3] Stock Performance - MGM Resorts shares have declined by 18.4% over the past 52 weeks, underperforming the S&P 500 Index's gain of 16.8% and the Consumer Discretionary Select Sector SPDR Fund's increase of 19.2% [4] Recent Earnings Report - In Q2 2025, MGM reported an adjusted EPS of $0.79 and revenue of $4.4 billion, but shares fell 3.8% the following day despite beating estimates [5] - Adjusted EPS decreased from $0.86 a year earlier, with Las Vegas Strip revenues dropping 4% to $2.11 billion and EBITDAR down 9% due to room remodel disruptions and lower table games hold [5] - MGM Digital experienced a larger EBITDAR loss of $25.7 million, raising concerns among analysts [5] Analyst Ratings - The consensus view on MGM stock is cautiously optimistic, with a "Moderate Buy" rating from 20 analysts: 11 recommend "Strong Buy," 8 suggest "Hold," and 1 advises "Strong Sell" [6] - The average analyst price target for MGM Resorts is $47.20, indicating a potential upside of 46.4% from current levels [6]
MGM Resorts International's Financial Outlook and Market Performance
Financial Modeling Prep· 2025-09-11 13:00
Company Overview - MGM Resorts International is a global hospitality and entertainment company operating a portfolio of destination resort brands, including Bellagio, MGM Grand, and Mandalay Bay [1] - The company competes with major players in the hospitality industry such as Caesars Entertainment and Wynn Resorts [1] Stock Performance - As of September 10, 2025, MGM's stock price is $35.95, reflecting a slight decrease of 0.14% or $0.05 [3] - The stock has traded between $35.79 and $36.32 on the same day, indicating its volatility [3] - Over the past year, MGM's stock reached a high of $42.54 and a low of $25.30, showcasing significant fluctuations in market perception [3] Market Analysis - Robin Farley from UBS set a price target of $39 for MGM, suggesting a potential price increase of approximately 8.48% from the current stock price [2] - MGM's market capitalization is approximately $9.79 billion, providing insight into the company's size and industry standing [4] - The trading volume for MGM on the NYSE is 2,557,264 shares, indicating a high level of investor interest and activity in the stock [4]