NYSE:MGM

MGM Resorts International - MGM Price Target & Analyst Ratings

$33.75

+0.16 (+0.48%)

(As of 09/8/2022 11:10 AM ET)

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Today's Range: $32.77
▼
$33.81
50-Day Range: $28.40
▼
$36.17
52-Week Range: $26.41
▼
$51.17

Volume: 90,024 shs
Average Volume: 4.02 million shs
Market Capitalization: $13.27 billion

P/E Ratio: 4.73
Dividend Yield: 0.03%
Price Target: $53.31

MGM Resorts International Consensus Rating and Price Target (2022)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 15 Analyst Ratings

Consensus Analyst Price Target

$53.31
57.94% Upside

High Prediction	$72.00
Average Prediction	$53.31
Low Prediction	$40.00

Type	Current 9/8/21 to 9/8/22	1 Month Ago 8/9/21 to 8/9/22	3 Months Ago 6/10/21 to 6/10/22	1 Year Ago 9/8/20 to 9/8/21
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)
Hold	7 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$53.31	$53.31	$52.93	$41.08
Predicted Upside	57.94% Upside	36.42% Upside	24.87% Upside	14.64% Upside

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MGM Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MGM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

MGM Resorts International Stock vs. The Competition

Type	MGM Resorts International	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.57	2.54	2.49
Consensus Rating	Moderate Buy	Buy	Hold
Predicted Upside	58.70% Upside	151.52% Upside	21.73% Upside
News Sentiment Rating	Positive News	Neutral News	Neutral News
MarketBeat Community Rating	Outperform Votes 1241 77.27% Underperform Votes 365 22.73%	Avg. Outperform Votes 257 65.56% Avg. Underperform Votes 135 34.44%	Avg. Outperform Votes 851 68.46% Avg. Underperform Votes 392 31.54%

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/8/2022	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
8/9/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$58.00	+72.52%
8/4/2022	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$35.00 ➝ $40.00	+12.83%
8/4/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$76.00 ➝ $72.00	+103.62%
8/4/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$48.00 ➝ $51.00	+49.12%
8/4/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$49.00 ➝ $58.00	+69.59%
6/28/2022	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$55.00	+83.15%
6/9/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$40.00	+16.55%
5/3/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight ➝ Overweight	$53.00	+26.28%
4/25/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Thomas Allen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight	$56.00 ➝ $51.00	+24.15%
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4/18/2022	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$55.00 ➝ $50.00	+21.30%
3/18/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Negative ➝ Neutral	$36.00 ➝ $45.00	+7.30%
2/10/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$53.00 ➝ $55.00	+13.22%
2/10/2022	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$60.00 ➝ $62.00	+27.78%
1/21/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	David Katz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$57.00 ➝ $59.00	+44.68%
9/13/2021	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$58.90	+39.28%
7/28/2021	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Neutral	$38.00 ➝ $43.00	+13.04%
2/10/2021	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Bain Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$20.00 ➝ $27.00	-26.01%
1/13/2021	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Weight ➝ Sector Weight
1/7/2021	Smith Barney Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
10/12/2020	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Felicia Hendrix Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Equal Weight ➝ Underweight	$17.00 ➝ $20.00	-5.88%
7/31/2020	Cfra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Tuna Amobi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sell
7/21/2020	SunTrust Banks Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$19.00 ➝ $18.00	+9.62%
6/10/2020	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform
4/19/2020	Nomura Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	$22.00	+56.25%

(Data available from 9/8/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)

MGM Price Target - Frequently Asked Questions

What is MGM Resorts International's consensus rating and price target?: According to the issued ratings of 15 analysts in the last year, the consensus rating for MGM Resorts International stock is Moderate Buy based on the current 7 hold ratings and 8 buy ratings for MGM. The average twelve-month price prediction for MGM Resorts International is $53.31 with a high price target of $72.00 and a low price target of $40.00. Learn more on MGM's analyst rating history.
Do Wall Street analysts like MGM Resorts International more than its competitors?: Analysts like MGM Resorts International less than other Consumer Discretionary companies. The consensus rating for MGM Resorts International is Moderate Buy while the average consensus rating for consumer discretionary companies is Buy. Learn more on how MGM compares to other companies.
Do MarketBeat users like MGM Resorts International more than its competitors?: MarketBeat users like MGM Resorts International more than other Consumer Discretionary companies. 77.22% of MarketBeat users gave MGM Resorts International an outperform vote while consumer discretionary companies recieve an average of 65.56% outperform votes by MarketBeat users.

Is MGM Resorts International being downgraded by Wall Street analysts?: Over the previous 90 days, MGM Resorts International's stock had 1 downgrade by analysts.
Does MGM Resorts International's stock price have much upside?: According to analysts, MGM Resorts International's stock has a predicted upside of 36.42% based on their 12-month price targets.
What analysts cover MGM Resorts International?: MGM Resorts International has been rated by Argus, Citigroup, Credit Suisse Group, Deutsche Bank Aktiengesellschaft, JMP Securities, Truist Financial, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:MGM) was last updated on 9/8/2022 by MarketBeat.com Staff

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