MGM Resorts Intl
(NYSE:MGM)
$39.50
-2.11[-5.07%]
At close: Apr 30
$39.50
0[0.00%]
After Hours: 7:14PM EDT
Q1 2024 earnings tomorrow on Wed May 1st after the market close
Conference call scheduled tomorrow at 17:00 PM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$75.00
Lowest Price Target1
$43.00
Consensus Price Target1
$52.06

MGM Resorts Intl Stock (NYSE:MGM), Analyst Ratings, Price Targets, Predictions

MGM Resorts International has a consensus price target of $52.06, established from looking at the 78 latest analyst ratings. The last 3 analyst ratings were released from Seaport Global, Morgan Stanley, and Mizuho on April 15, 2024, April 9, 2024, and March 26, 2024. With an average price target of $54.33 between Seaport Global, Morgan Stanley, and Mizuho, there's an implied 37.55% upside for MGM Resorts International from these 3 analyst ratings.

Analyst Trend
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3.5
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Analyst Firms Making Recommendations1

Seaport Global
Morgan Stanley
Mizuho
JMP Securities
Macquarie

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for MGM Resorts Intl

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FAQ

Q

What is the target price for MGM Resorts Intl (MGM)?

A

The latest price target for MGM Resorts Intl (NYSE: MGM) was reported by Seaport Global on April 15, 2024. The analyst firm set a price target for $56.00 expecting MGM to rise to within 12 months (a possible 41.77% upside). 34 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for MGM Resorts Intl (MGM)?

A

The latest analyst rating for MGM Resorts Intl (NYSE: MGM) was provided by Seaport Global, and MGM Resorts Intl initiated their buy rating.

Q

When was the last upgrade for MGM Resorts Intl (MGM)?

A

The last upgrade for MGM Resorts International happened on December 5, 2022 when Truist Securities raised their price target to $50. Truist Securities previously had a hold for MGM Resorts International.

Q

When was the last downgrade for MGM Resorts Intl (MGM)?

A

The last downgrade for MGM Resorts International happened on September 8, 2022 when Argus Research changed their price target from N/A to N/A for MGM Resorts International.

Q

When is the next analyst rating going to be posted or updated for MGM Resorts Intl (MGM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MGM Resorts Intl, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MGM Resorts Intl was filed on April 15, 2024 so you should expect the next rating to be made available sometime around April 15, 2025.

Q

Is the Analyst Rating MGM Resorts Intl (MGM) correct?

A

While ratings are subjective and will change, the latest MGM Resorts Intl (MGM) rating was a initiated with a price target of $0.00 to $56.00. The current price MGM Resorts Intl (MGM) is trading at is $39.50, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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