Wall Street analyst estimates for MGM Resorts International (MGM): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
MGM Resorts International, through its various divisions, manages and possesses casino, lodging, and entertainment complexes across the United States and Macau. The company's operations are segmented into three main areas: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its resort properties offer a comprehensive suite of amenities including gaming facilities, accommodation, convention spaces, dining options, entertainment venues, retail outlets, and more.
Consensus price target
$47.57 (+65 % vs price $28.90)
between $30.00 and $55.00 · 5 targets published in the last quarter
Closing price, Oct 20
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 19 |
| Hold | 17 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 37 |
| Avg rating (1-5) | 0.49 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-10-28 | $0.10 | ||
| 2026-07-29 | $0.59 | $0.56 | +5.5% |
| 2026-04-29 | $0.49 | $0.50 | -1.3% |
| 2026-02-05 | $1.60 | $0.64 | +150.0% |
| 2025-10-29 | $0.24 | $0.37 | -35.1% |
| 2025-07-30 | $0.79 | $0.58 | +36.2% |
| 2025-04-30 | $0.69 | $0.50 | +38.0% |
| 2025-02-12 | $0.45 | $0.37 | +21.6% |
Valuation Ratios
| P/E Ratio | 17.52 |
| Price / Book | 2.92 |
| EV / EBITDA | 17.31 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.46B | $10.80B | $11.76B | $12.90B | $4.92B | $9.68B | $13.13B | $16.16B | $17.24B | $17.54B |
| Cost of Revenue | $5.50B | $6.19B | $6.92B | $7.60B | $3.21B | $5.03B | $6.65B | $8.55B | $9.39B | $9.75B |
| Gross Profit | $3.96B | $4.60B | $4.84B | $5.30B | $1.71B | $4.65B | $6.47B | $7.61B | $7.85B | $7.79B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $1.38B | $1.56B | $1.76B | $2.10B | $2.12B | $2.51B | $4.23B | $4.70B | $4.83B | $4.88B |
| Operating Expenses | $2.68B | $3.03B | $3.51B | $1.36B | $2.35B | $2.37B | $5.04B | $5.72B | $6.36B | $6.79B |
| Operating Income | $2.08B | $1.71B | $1.47B | $3.94B | -$642.4M | $2.28B | $1.44B | $1.89B | $1.49B | $1.00B |
| EBITDA | $2.80B | $2.57B | $2.51B | $5.00B | -$779.8M | $3.41B | $4.98B | $2.40B | $2.39B | $1.72B |
| Interest Expense | $694.8M | $668.7M | $769.5M | $847.9M | $676.4M | $799.6M | $595.0M | $460.3M | $443.2M | $419.0M |
| Pre-tax Income | $1.26B | $960.8M | $634.0M | $2.85B | -$1.51B | $1.46B | $903.8M | $1.47B | $1.12B | $388.0M |
| Income Tax | $22.3M | -$1.13B | $50.1M | $632.3M | -$191.6M | $253.4M | $697.1M | $157.8M | $52.5M | -$44.1M |
| Net Income | $1.10B | $1.95B | $466.8M | $2.05B | -$1.03B | $1.25B | $1.47B | $1.14B | $746.6M | $206.2M |
| EPS | $1.94 | $3.38 | $0.86 | $3.90 | $-2.67 | $2.44 | $0.51 | $3.22 | $2.42 | $0.77 |
| EPS (Diluted) | $1.92 | $3.34 | $0.85 | $3.88 | $-2.67 | $2.41 | $0.50 | $3.19 | $2.40 | $0.76 |
| Shares Outstanding (Diluted) | $573.3M | $578.8M | $549.5M | $527.6M | $494.2M | $487.4M | $413.0M | $358.6M | $310.2M | $264.9M |
Price
| Price | $28.90 (closing price, October 20, 2026) |
| Market Cap | $7.3B |
| Exchange | NYSE |
| Country | US |
Related companies: WYNN · CZR · RRR · PENN · MCRI · LVS · BYD
Explore sector: Consumer Cyclical · Gambling, Resorts & Casinos
More sections of MGM: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks