MGM Resorts International (MGM) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does MGM Resorts International Do?
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada. MGM Resorts International (MGM) is classified as a mid-cap stock in the Consumer Discretionary sector, specifically within the Restaurants, Hotels, Motels industry. The company is led by CEO William J. Hornbuckle and employs approximately 46,000 people, headquartered in LAS VEGAS, Nevada. With a market capitalization of $9.4B, MGM is one of the notable companies in the Consumer Discretionary sector.
MGM Resorts International (MGM) Stock Rating — Hold (April 2026)
As of April 2026, MGM Resorts International receives a Hold rating with a composite score of 47.6/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.MGM ranks #846 out of 4,446 stocks in our coverage universe. Within the Consumer Discretionary sector, MGM Resorts International ranks #58 of 442 stocks, placing it in the top quartile of its Consumer Discretionary peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
MGM Stock Price and 52-Week Range
MGM Resorts International (MGM) currently trades at $37.45. The stock gained $0.52 (1.4%) in the most recent trading session. The 52-week high for MGM is $40.16, which means the stock is currently trading -6.7% from its annual peak. The 52-week low is $25.30, putting the stock 48.0% above its annual trough. Recent trading volume was 3.7M shares, reflecting moderate market activity.
Is MGM Overvalued or Undervalued? — Valuation Analysis
MGM Resorts International (MGM) carries a value factor score of 68/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 24.83x, compared to the Consumer Discretionary sector average of 24.47x — a premium of 1%. The price-to-book ratio stands at 2.92x, versus the sector average of 1.99x. The price-to-sales ratio is 0.55x, compared to 0.27x for the average Consumer Discretionary stock. On an enterprise value basis, MGM trades at 8.00x EV/EBITDA, versus 4.91x for the sector.
Overall, MGM's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
MGM Resorts International Profitability — ROE, Margins, and Quality Score
MGM Resorts International (MGM) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 11.8%, compared to the Consumer Discretionary sector average of 6.2%, which is within a healthy range. Return on assets (ROA) comes in at 0.9% versus the sector average of 2.5%.
On a margin basis, MGM Resorts International reports gross margins of 43.4%, compared to 36.9% for the sector. The operating margin is 5.8% (sector: 3.8%). Net profit margin stands at 2.2%, versus 2.1% for the average Consumer Discretionary stock. Revenue growth is running at -1.8% on a trailing basis, compared to 3.3% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
MGM Debt, Balance Sheet, and Financial Health
MGM Resorts International has a debt-to-equity ratio of 191.0%, compared to the Consumer Discretionary sector average of 89.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.23x, suggesting adequate working capital coverage. Total debt on the balance sheet is $6.23B. Cash and equivalents stand at $2.13B.
MGM has a beta of 1.36, meaning it is more volatile than the broader market — a $10,000 investment in MGM would be expected to move 36.2% more than the S&P 500 on any given day. The stability factor score for MGM Resorts International is 59/100, reflecting average volatility within the normal range for its sector.
MGM Resorts International Revenue and Earnings History — Quarterly Trend
In TTM 2026, MGM Resorts International reported revenue of $17.12B and earnings per share (EPS) of $0.77. Net income for the quarter was $382M. Gross margin was 43.4%. Operating income came in at $992M.
In FY 2025, MGM Resorts International reported revenue of $17.54B and earnings per share (EPS) of $0.77. Net income for the quarter was $521M. Revenue grew 1.7% year-over-year compared to FY 2024. Operating income came in at $1.00B.
In Q3 2025, MGM Resorts International reported revenue of $4.25B and earnings per share (EPS) of $-1.05. Net income for the quarter was $-207M. Gross margin was 43.4%. Revenue grew 1.6% year-over-year compared to Q3 2024. Operating income came in at $-113M.
In Q2 2025, MGM Resorts International reported revenue of $4.40B and earnings per share (EPS) of $0.18. Net income for the quarter was $118M. Revenue grew 1.8% year-over-year compared to Q2 2024. Operating income came in at $405M.
Over the past 8 quarters, MGM Resorts International has demonstrated a growth trajectory, with revenue expanding from $4.33B to $17.12B. Investors analyzing MGM stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
MGM Dividend Yield and Income Analysis
MGM Resorts International (MGM) does not currently pay a dividend. This is common among smaller companies in the Restaurants, Hotels, Motels industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Discretionary dividend stocks may want to explore other Consumer Discretionary stocks or use the stock screener to filter by dividend yield.
MGM Momentum and Technical Analysis Profile
MGM Resorts International (MGM) has a momentum factor score of 48/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 34/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 12/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
MGM vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison
Within the Consumer Discretionary sector, MGM Resorts International (MGM) ranks #58 out of 442 stocks based on the Blank Capital composite score. This places MGM in the top quartile of all Consumer Discretionary stocks in our coverage universe. Key competitors and sector peers include MONARCH CASINO & RESORT INC (MCRI) with a score of 50.5/100, CASEYS GENERAL STORES INC (CASY) with a score of 57.3/100, INGLES MARKETS INC (IMKTA) with a score of 51.0/100, FIVE BELOW, INC (FIVE) with a score of 51.6/100, and TARGET CORP (TGT) with a score of 52.6/100.
Comparing MGM against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MGM vs S&P 500 (SPY) comparison to assess how MGM Resorts International stacks up against the broader market across all factor dimensions.
MGM Next Earnings Date
No upcoming earnings date has been announced for MGM Resorts International (MGM) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy MGM? — Investment Thesis Summary
MGM Resorts International presents a balanced picture with arguments on both sides. The value score of 68/100 suggests attractive pricing relative to fundamentals.
In summary, MGM Resorts International (MGM) earns a Hold rating with a composite score of 47.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MGM stock.
Related Resources for MGM Investors
Explore more research and tools: MGM vs S&P 500 comparison, top Consumer Discretionary stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MGM head-to-head with peers: MGM vs MCRI, MGM vs CASY, MGM vs IMKTA.