MGM
MGM Resorts
$46.57
▼ 0.6%Updated Today 7:15 PM ET
▲ Up 38.0% over the last 12 months
Market Cap
$11.98B
P/E
66.01x
Forward P/E (est.)
94.3x
ROE
6.9%
Revenue Growth
3.4%
EPS Growth
-69.8%
Profit Margin
1.0%
FCF Yield
14.9%
Debt / Equity
2.67x
ROIC
9.0%
Interest Coverage
2.18x
Current Ratio
1.33x
Dividend Yield
0.0%
Implied Growth (rev. DCF)
-2.8%
Rating Score
21/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what MGM's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. MGM trades near $46.57, above its 50-day average ($40.93) and 200-day average ($36.46). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 63 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. MGM's is $1.84 (~4.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month MGM found buyers near $35.32 (support) and sellers near $51.59 (resistance); its 52-week range is $29.19–$51.59. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.6× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
MGM Resorts (MGM) is a large-cap company in the Casinos & Gaming industry, part of the Consumer Discretionary sector of the S&P 500, with a market value around $11.98B.
In its latest reported year it generated about $17.54B in revenue and $205.86M in net profit.
Our model rates MGM Weak (21/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
16.0%
Revenue moved from $9.68B in 2021 to $17.54B in 2025, a 16.0% compound annual growth rate. The most recent year was roughly flat (3.4%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
44.2%
Operating Margin
5.7%
Net Margin
1.2%
ROE
6.9%
MGM Resorts keeps about 1.0% of each sales dollar as net profit, with a 44.2% gross margin and 5.7% operating margin. Return on equity is 6.9% and return on invested capital about 9.0%. Thin margins leave less cushion if costs rise.
Total Debt
$6.40B
Net Debt
$4.11B
Net Debt / EBITDA
4.1x
Debt / Equity
2.67x
Leverage: debt-to-equity is 2.7x, and operating profit covers interest about 2.2x, with a current ratio of 1.3x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $6.40B of total debt against $2.29B of cash.
Operating CF
$2.53B
Free Cash Flow
$1.46B
FCF Margin
8.3%
In the latest year MGM Resorts produced about $2.53B of operating cash flow and $1.46B of free cash flow after capital spending. That is a free-cash-flow yield of about 14.9% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
66.01x
P/S
0.7x
P/B
4.01x
EV / EBITDA
8.11x
MGM trades at 66.0x trailing earnings (about 94.3x on estimated forward earnings), 0.7x sales, and 4.0x book value. Reverse-engineering today's price implies the market expects roughly -2.8% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How MGM stacks up against its Consumer Discretionary peers — valuation, profitability, and growth versus the sector median.
In the Consumer Discretionary sector (48 S&P 500 companies), MGM ranks #47 of 48 by our overall rating. It trades at a premium versus the sector on earnings (66x P/E vs. 23.7x median) with a lower return on equity (6.9% vs. 39.2%) and slower revenue growth (3.4% vs. 6.2%).
P/E vs sector
66x
median 23.7x
ROE vs sector
6.9%
median 39.2%
Growth vs sector
3.4%
median 6.2%
Sector rank
#47
of 48 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Consumer Discretionary companies by sub-industry and size. Sector median is across all 48 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$95.36 – $157.34
vs. $46.57 today · expected CAGR 15% – 28%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $18.06B | $18.61B | $19.16B | $19.74B | $20.33B |
| Net income | $541.91M | $558.17M | $574.92M | $592.16M | $609.93M |
| EPS | $2.12 | $2.18 | $2.25 | $2.31 | $2.38 |
| Share price (low) | $84.72 | $87.27 | $89.88 | $92.58 | $95.36 |
| Share price (high) | $139.79 | $143.99 | $148.31 | $152.76 | $157.34 |
| CAGR (low–high) | 82% / 200% | 37% / 76% | 25% / 47% | 19% / 35% | 15% / 28% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for MGM:
- Healthy free-cash-flow yield (~14.9%) funds buybacks and dividends.
- As an established S&P 500 member in Consumer Discretionary, it brings scale and a long operating history.
The case against MGM:
- Thin net margins (1.0%) leave little room for error.
- Elevated leverage (debt/equity 2.7x) adds financial risk.
- Interest coverage is thin (2.2x), so debt costs bite.
- A rich 66.0x earnings multiple prices in a lot of growth.
- Our model's overall read is Weak (21/100).
Valuation risk — at 66.0x earnings, disappointing results could compress the multiple.
Balance-sheet risk — debt/equity of 2.7x magnifies the impact of higher rates or weaker earnings.
Margin risk — thin profitability (1.0%) is vulnerable to cost or pricing pressure.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen weakly: MGM Resorts is a large-cap consumer discretionary business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 66.0x earnings, which our model scores Weak (21/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.