MGM Resorts Intl Option Alert: Apr 17 $38 Puts at the Ask: 8207 vs 14 OI

MGM Resorts Intl Option Alert: Apr 17 $38 Puts at the Ask: 8207 @ $1.61 vs 14 OI; Ref=$38.15

MGM Resorts Intl Option Alert: Jun 20 $42 Calls at the Bid: 2000 vs 620 OI

MGM Resorts Intl Option Alert: Jun 20 $42 Calls at the Bid: 2000 @ $2.9 vs 620 OI; Ref=$40.695

MGM Resorts International Stock (NYSE: MGM)

MGM Resorts International (NYSE:MGM) Stock

MGM Resorts International

MGM Resorts Intl

MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.

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Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns over persistent inflationary pressures. 

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Shares of companies in the broader consumer discretionary sector are trading lower amid overall market weakness on US consumer and economic concerns.

MGM Resorts Intl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) short percent of float has fallen 4.26% since its last report. The company recently reported that it has 15.12 million shares sold short, which is 6.75% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.36 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>MGM Resorts Intl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739798118_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for MGM Resorts Intl has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing MGM Resorts Intl's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, MGM Resorts Intl's peer group average for short interest as a percentage of float is 4.98%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

(MGM) - Analyzing MGM Resorts Intl's Short Interest

Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43692996/inflation-fears-mount-as-producer-prices-soar-to-35-put-fed-interest-rate-cut-on-ice">over persistent inflationary pressures. </a>
Despite the hotter-than-expected PPI reading—up 3.5% year-over-year in January, surpassing the 3.3% forecast—investors found some relief in certain PPI components that influence the Federal Reserve's preferred inflation gauge, which showed signs of <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43701823/economists-breathe-sigh-of-relief-why-producer-inflation-isnt-as-bad-as-it-seems">cooling compared to December.</a>
Investor risk appetite remained supported by expectations of ceasefire talks in Ukraine following a conversation between former President Donald Trump and Russian President Vladimir Putin a day earlier. 
By midday trading in New York, all major indices were in positive territory, with technology stocks leading the gains. Among semiconductor stocks, Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) continued to rally, surging 10% after strong performances in prior sessions. 
The U.S. chipmaker benefited from renewed buying momentum following comments from Vice President J.D. Vance, who indicated that the Trump administration plans to ease regulations to accelerate AI chip innovation in the U.S.
Intel has now soared over 27% this week, tracking its best weekly performance since 1974. 
The U.S. dollar extended its decline as Treasury yields pulled back sharply, reversing Wednesday&#8217;s surge.
In commodities, gold edged up 0.4% to $2,918 per ounce, oil remained steady at $71 per barrel, and natural gas surged 2.4% to $3.66 per million British thermal units. 
Sentiment in cryptocurrency markets remained subdued, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) sliding 2.4% to trade below $96,000.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,903.94</td>
<td>0.9%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,088.51</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,493.13</td>
<td>0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,261.64</td>
<td>0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:45 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021325&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 0.6% to $606.89.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.3% to $445.18.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.9% to $532.98.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.4% to $224.58.</li>
<li>The&nbsp;Materials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) outperformed, up 1.1%; the&nbsp;Industrials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) lagged, down 1.2%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
Stocks reacting to company earnings reports included:
<ul>
<li>Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>): up 2.05%</li>
<li>Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>): down 7.8%</li>
<li>Duke Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>): down 2.5%</li>
<li>American Electric Power Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>): down 0.6%</li>
<li>Equinix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>): down 1.9%</li>
<li>Moody's Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>): up 2.9%</li>
<li>Deere &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>): down 1.5%</li>
<li>PPL Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>): down 1.8%</li>
<li>MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>): up 17.9%</li>
<li>Paycom Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>): flat</li>
<li>HubSpot Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>): up 1.6%</li>
<li>Lincoln Electric Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LECO#NASDAQ">LECO</a>): up 11.7%</li>
<li>Curtiss-Wright Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CW#NYSE">CW</a>): down 0.5%</li>
<li>West Pharmaceutical Services Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>): down 34%</li>
<li>CBRE Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>): up 1.1%</li>
<li>DTE Energy Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTE#NYSE">DTE</a>): up 2.4%</li>
<li>AppLovin Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>): up 19.9%</li>
<li>Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>): down 8.8%. </li>
</ul>
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Photo: Ryan DeBerardinis via Shutterstock

Stocks Rise Despite Hot Producer Inflation, Intel Soars, Bitcoin Drops Below $96,000: What's Driving Markets Thursday?

Macquarie analyst Chad Beynon maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Outperform and maintains $50 price target.

Price Target

Analyst Ratings

Macquarie Maintains Outperform on MGM Resorts Intl, Maintains $50 Price Target

MGM Resorts International shares are trading higher after the company reported better-than-expected Q4 financial results.

Citigroup analyst George Choi maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Buy and raises the price target from $48 to $50.

Citigroup Maintains Buy on MGM Resorts Intl, Raises Price Target to $50

U.S. stocks were higher, with the Nasdaq Composite gaining around 100 points on Thursday.
Shares of Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) rose sharply during Thursday's session after the company reported better-than-expected fourth-quarter <a href="https://www.benzinga.com/news/earnings/25/02/43676276/robinhood-q4-earnings-highlights-record-revenue-eps-beat-analyst-estimates-crypto-revenue-up-700">financial results</a>.
Robinhood reported fourth-quarter revenue of $1.01 billion, up 115% year-over-year and a new company record. The revenue figure beat a Street consensus estimate of $944.62 million, according to data from Benzinga Pro. The company reported record quarterly earnings per share of $1.01, beating a Street consensus estimate of 43 cents per share.
Robinhood shares jumped 11.9% to $62.56 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) shares jumped 33.7% to $509.14 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter revenue guidance above estimates.</li>
<li>Dutch Bros Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) gained 30.6% to $84.55 following better-than-expected quarterly financial results. D Securities and Wedbush raised their respective price targets on the stock.</li>
<li>SBC Medical Group Holdings Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBC#NASDAQ">SBC</a>) gained 28.5% to $6.63. The company recently announced it will invest one billion yen into Bitcoin.</li>
<li>Pagaya Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGY#NASDAQ">PGY</a>) climbed 27% to $14.97 following upbeat quarterly results.</li>
<li>Aurora Innovation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) shares jumped 22% to $7.89 following quarterly results.</li>
<li>DNOW Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) shares gained 21.9% to $17.20 following strong quarterly earnings.</li>
<li>The Manitowoc Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTW#NYSE">MTW</a>) shares jumped 20.3% to $11.76 following fourth-quarter results.</li>
<li>Sable Offshore Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOC#NYSE">SOC</a>) gained 19.5% to $29.25.</li>
<li>Corsair Gaming, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRSR#NASDAQ">CRSR</a>) gained 18.7% to $11.80 after reporting upbeat quarterly results.</li>
<li>Iridium Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>) rose 18.7% to $32.99 after the company reported better-than-expected quarterly financial results.</li>
<li>Crocs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>) gained 18.4% to $105.20 following strong fourth-quarter earnings and upbeat guidance.</li>
<li>Palomar Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLMR#NASDAQ">PLMR</a>) rose 16% to $126.48 following upbeat earnings.</li>
<li>MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) gained 14.3% to $39.27 after the company reported better-than-expected quarterly financial results.</li>
<li>Lincoln Electric Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LECO#NASDAQ">LECO</a>) rose 13.3% to $219.72 following better-than-expected Q4 financial results.</li>
<li>Hims &amp; Hers Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NASDAQ">HIMS</a>) gained 13.3% to $52.40.</li>
<li>Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) rose 9.9% to $24.71.</li>
<li>Service Corporation International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCI#NYSE">SCI</a>) rose 9.3% to $83.12 following better-than-expected Q4 financial results.</li>
<li>Sony Group Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) gained 9% to $23.95 after the company reported a year-over-year increase in third-quarter financial results.</li>
<li>HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>) gained 7.7% to $846.00 following stronger-than-expected results.</li>
<li>GE HealthCare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>) gained 7.1% to $92.03 after the company reported better-than-expected fourth-quarter adjusted EPS results and issued FY25 adjusted EPS guidance with its midpoint above estimates.</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) gained 6.3% to $648.75 following quarterly results.</li>
</ul>
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Wells Fargo analyst Daniel Politzer maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Overweight and raises the price target from $44 to $46.

Wells Fargo Maintains Overweight on MGM Resorts Intl, Raises Price Target to $46

JMP Securities analyst Jordan Bender reiterates MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Market Outperform and maintains $50 price target.

Reiteration

JMP Securities Reiterates Market Outperform on MGM Resorts Intl, Maintains $50 Price Target

As of Feb. 13, 2025, three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the<a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Dutch Bros Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>)</h3>
<ul>
<li>On Feb. 12, Dutch Bros reported quarterly earnings of 7 cents per share which beat the analyst consensus estimate of 2 cents. Quarterly revenue came in at $342.8 million which beat the analyst consensus estimate of $317.8 million and is an increase over revenue of $254.12 million from the same period last year. The company's stock gained around 16% over the past month and has a <a href="https://www.benzinga.com/quote/BROS">52-week high of $68.47</a> .</li>
<li>RSI Value: 82.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>BROS Price Action: Shares of Dutch Bros gained 0.8% to close at $64.71 on Wednesday.</li>
</ul>
<h3 class="wp-block-heading">MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>)</h3>
<ul>
<li>On Feb. 12, MGM Resorts International shares are trading higher after the company reported better-than-expected Q4 financial results. "MGM Resorts is proud to report the best full-year consolidated net revenues in the history of the company, driven by record performance from MGM China," said Bill Hornbuckle, president and CEO of MGM Resorts International. The company's stock gained around 6% over the past month and <a href="https://www.benzinga.com/quote/MGM">has a 52-week high</a> of $48.24.</li>
<li>RSI Value: 74.1</li>
<li>MGM Price Action: Shares of MGM gained 0.3% to close at $34.37 on Wednesday.</li>
</ul>
<h3 class="wp-block-heading">Red Rock Resorts Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RRR#NASDAQ">RRR</a>)</h3>
<ul>
<li>On Feb. 11, Red Rock Resorts posted better-than-expected quarterly results. The company's stock gained around 17% over the past month and has a <a href="https://www.benzinga.com/quote/RRR">52-week high</a> of $63.28.</li>
<li>RSI Value: 78.1</li>
<li>RRR Price Action: Shares of Red Rock Resorts gained 1.3% to close at $51.57 on Wednesday.</li>
</ul>
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Needham raised Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) price target from $190 to $220. Needham analyst Laura Martin maintained a Buy rating. Fidelity National In Reddit formation shares closed at $216.47 on Wednesday. See how other analysts view this stock.</li>
<li>Barclays raised the price target for Mr. Cooper Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COOP#NYSE">COOP</a>) from $111 to $130. Barclays analyst Terry Ma maintained an Overweight rating. Mr. Cooper shares closed at $106.71 on Tuesday. See how other analysts view this stock.</li>
<li>Baird slashed The Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) price target from $160 to $145. Baird analyst Vikram Kesavabhotla maintained an Outperform rating. Lyft shares closed at $122.23 on Wednesday. See how other analysts view this stock.</li>
<li>HC Wainwright &amp; Co. cut the price target for Cybin Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYBN#NYSE">CYBN</a>) from $190 to $150. HC Wainwright &amp; Co. analyst Patrick Trucchio maintained a Buy rating. Cybin shares closed at $9.36 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Leerink Partners cut the price target for 10x Genomics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXG#NASDAQ">TXG</a>) from $25 to $12. Leerink Partners analyst Mike Kratky downgraded the stock from Outperform to Market Perform. 10x Genomics shares closed at $12.00 on Wednesday. See how other analysts view this stock.</li>
<li>Morgan Stanley cut Cytokinetics, Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYTK#NASDAQ">CYTK</a>) price target from $70 to $67. Morgan Stanley analyst Jeffrey Hung upgraded the stock from Equal-Weight to Overweight. Cytokinetics shares settled at $42.18 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho increased MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) price target from $56 to $60. Mizuho analyst Ben Chaiken maintained an Outperform rating. MGM shares closed at $34.37 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Canaccord Genuity raised HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>) price target from $710 to $900. Canaccord Genuity analyst David Hynes maintained a Buy rating. HubSpot shares closed at $785.50 on Wednesday.  <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wedbush raised the price target for Dutch Bros Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) from $65 to $100. Wedbush analyst Nick Setyan maintained an Outperform rating. Dutch Bros shares settled at $64.71 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays increased Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) price target from $56 to $61. Barclays analyst Tim Long maintained an Equal-Weight rating. Cisco shares closed at $62.53 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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COOP

CYBN

CYTK

MGM Resorts To Rally Around 75%? Here Are 10 Top Analyst Forecasts For Thursday

Barclays analyst Brandt Montour maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Overweight and raises the price target from $45 to $47.

Barclays Maintains Overweight on MGM Resorts Intl, Raises Price Target to $47

7 analysts have expressed a variety of opinions on MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $50.86, a high estimate of $60.00, and a low estimate of $46.00. This current average represents a 1.93% decrease from the previous average price target of $51.86. 
<img src="https://www.benzinga.com/files/images/story/2025/1739451668_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive MGM Resorts Intl is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$60.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Steven Wieczynski</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$50.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Aaron Hecht</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$50.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$50.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>David Katz</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$50.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$46.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Jordan Bender</td>
<td>JMP Securities</td>
<td>Lowers</td>
<td>Market Outperform</td>
<td>$50.00</td>
<td>$54.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to MGM Resorts Intl. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MGM Resorts Intl compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for MGM Resorts Intl's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of MGM Resorts Intl's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/MGM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MGM Resorts Intl analyst ratings.</a>
<h2>Discovering MGM Resorts Intl: A Closer Look</h2>
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
<h3>A Deep Dive into MGM Resorts Intl's Financials</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: MGM Resorts Intl displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 5.28%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: MGM Resorts Intl's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 4.41%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): MGM Resorts Intl's ROE stands out, surpassing industry averages. With an impressive ROE of 5.72%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): MGM Resorts Intl's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.44% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a high debt-to-equity ratio of 9.9, MGM Resorts Intl faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Basics of Analyst Ratings</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: MGM Resorts Intl In The Eyes Of 7 Experts

Mizuho analyst Ben Chaiken maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Outperform and raises the price target from $56 to $60.

Mizuho Maintains Outperform on MGM Resorts Intl, Raises Price Target to $60

MGM Resorts shares are trading higher after Stifel raised its price target on the stock from $47 to $50.

Stifel analyst Steven Wieczynski maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Buy and raises the price target from $47 to $50.

Stifel Maintains Buy on MGM Resorts Intl, Raises Price Target to $50

MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) shares are rising in extended trading Wednesday after the company reported better-than-expected financial results for <a href="https://www.benzinga.com/quote/mgm">the fourth quarter</a>.
<ul>
<li>Q4 Revenue: $4.35 billion, versus <a href="https://www.benzinga.com/calendars/earnings">estimates</a> of $4.27 billion</li>
</ul>
<ul>
<li>Q4 Adjusted EPS: 45 cents, versus estimates of 30 cents</li>
</ul>
Total revenue was down 1% on a year-over-year basis. Las Vegas Strip revenue came in at $2.2 billion, down 6% year-over-year. Regional revenue totaled $932 million, up 7% year-over-year. MGM China revenue totaled $1 billion, up 4% year-over-year, and MGM digital revenue increased 15% year-over-year to $140 million.
MGM noted that BetMGM accelerated its revenue growth throughout 2024 and is on track to be profitable in 2025. 
The company repurchased approximately 3 million shares during the quarter for approximately $121 million. MGM had $826 million remaining under its buyback as of Dec. 31. The company ended the quarter with $2.42 billion in cash and cash equivalents.
&#8220;MGM Resorts is proud to report the best full-year consolidated net revenues in the history of the company, driven by record performance from MGM China,&#8221; said Bill Hornbuckle, president and CEO of MGM Resorts International.
&#8220;We&#8217;re also encouraged by the strong demand we&#8217;re seeing in the business so far in 2025, which positions us well for continued growth. In fact, December was our highest convention booking month on record, and in January we saw revenue growth in our Las Vegas Strip Resorts and Regional Operations as well as strong future bookings.&#8221;
MGM executives will further discuss the quarter on a call with investors and analysts at 5 p.m. ET.
MGM Price Action: <a href="http://benzinga.com/quote/mgm">MGM shares</a> were up 8% after hours, trading at $37.12 at the time of publication Wednesday, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
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Photo: Shutterstock.

Earnings

Global

MGM Resorts International Q4 Earnings: Revenue Beat, EPS Beat, 'Strong Demand' To Start 2025, BetMGM On Track To Turn Profitable This Year

MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.30 by 50 percent. This is a 57.55 percent decrease over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $4.346 billion which beat the analyst consensus estimate of $4.273 billion by 1.70 percent. This is a 0.68 percent decrease over sales of $4.376 billion the same period last year.

Earnings Beats

MGM Resorts Intl Q4 2024 Adj. EPS $0.45 Beats $0.30 Estimate, Sales $4.346B Beat $4.273B Estimate

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Earnings Scheduled For February 12, 2025

Press Releases

W LAS VEGAS DEBUTS AT MANDALAY BAY

MGM Resorts International Announces Fourth Quarter and Full Year 2024 Earnings Release Date

Entertainment

General

MGM Resorts International and Entain Notice of BetMGM FY 2024 Update

MGM GRAND ANNOUNCES $300 MILLION ROOM AND SUITE REMODEL

BetMGM Secures Exclusive Online Casino Content Rights To "Family Feud" and "The Price is Right" With Fremantle Partnership

BETMGM FY 2024 UPDATE

NETFLIX BITES IS NOW OPEN!

MGM RESORTS INTERNATIONAL REPORTS FOURTH QUARTER AND RECORD FULL YEAR 2024 RESULTS

MGM China Reports 2024 Annual Results

BetMGM Canada Offers Odds to Ontario Residents On More Canadian Political Events

GMVHY

MCHVY

NFLX

Accel Entertainment

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
01:55 PMFeb 18, 2025	PUT	$38.00	Apr 17, 2025	53	8931	8207	63793	14	TRADE	BEARISH
10:33 AMFeb 14, 2025	CALL	$42.00	Jun 20, 2025	117	4053	2000	654	620	TRADE	BEARISH
10:33 AMFeb 14, 2025	CALL	$42.00	Jun 20, 2025	117	2053	2000	331	620	TRADE	NEUTRAL

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