Insider buying last 90 days
No open-market insider purchases were filed for MGM in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every MGM insider filing, plotted on the chart in Gekko.Open MGM in Gekko
NYSE: MGM
MGM Resorts International (MGM) Stock Analysis & Forecast
Sep 28 close
$31.86−0.72 (−2.2%)
Gekko Brief
AI summaryMGM Resorts scheduled its third-quarter 2026 results for October 28 after market close, with a conference call to follow. Separately, the Pennsylvania Gaming Control Board fined MGM $50,250 for failing to timely file a Principal Licensing application, alongside a related fine for CountR GmbH. The most notable theme, however, is takeover speculation: after Barry Diller's People Inc withdrew its prior $18 billion offer for MGM, reports and analyst commentary, including from Seaport Research Partners, suggest MGM could now pursue an offer for People Inc itself, a reversal that has also moved People Incorporated shares.
MGM closed at $31.86, down 2.2%, sitting below both its 50-day average of $42.16 and 200-day average of $39.88, with one-month and three-month returns of -25.9% and -35.9% respectively. The GekkoIndex reads 83.8, placing the stock in the Buying zone, up 9 over five sessions. Gekko Fair Value stands at $61.99, putting price 48.6% below that level.
The next earnings date falls on 4 November, 36 days out and beyond a typical 20-trading-day window. Over the last 30 days there have been 2 unusual options signals, with call premium of $1,641,993 against put premium of $507,280. Consensus among 15 analysts includes 5 buy, 8 hold and 2 sell ratings, with a consensus target of $49.33. Historically, the next 20 trading days from this point averaged +3.7% across 5 years, rising in 3 of them.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
MGM Resorts International price vs fair value
Close $31.86200-day averageGekko Fair Value $61.99
MGM Resorts International quick facts
- Market cap
- $8.02B
- P/E ratio
- 22.9
- Forward P/E
- 17.4
- EPS, TTM
- $1.47
- Revenue, TTM
- $17.76B
- Profit margin
- 2.4%
- Dividend yield
- —
- Beta
- 1.28
- Volume
- 9.31M avg 4.23M
- 1-year return
- −7.6%
- Typical daily move
- ±4%
- Typical 20-day move
- ±6.8%
- 50-day average
- $42.16
- 200-day average
- $39.88
- Next earnings
- Nov 4 after close
- Shares outstanding
- 255.9M
MGM Resorts International swing-trade checklist
MGM Resorts International scores 5 supportive, 1 mixed and 0 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
5 supportive1 mixed0 headwinds
- Trendmixed
Averages disagree
Close $31.86 sits between the 50-day ($42.16) and 200-day ($39.88) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
83.8, Buying
Reading 83.8 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
48.6% below
Price is 48.6% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 2 unusual options signals.
See smart money - Earnings risksupportive
Reports in 36 days
Next report Nov 4, 2026, 36 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+3.7% on average
From this point in the calendar, the next 20 trading days averaged +3.7% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
MGM Resorts International stock chart and price history
MGM Resorts International closed at $31.86 on Sep 28, 2026, −7.6% over the past year, inside a 52-week range of $29.19 to $51.59.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −25.9%
- 3 months
- −35.9%
- 6 months
- −12.3%
- 1 year
- −7.6%
The full MGM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open MGM in Gekko
Follow MGM Resorts International through every session
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About MGM Resorts International
MGM Resorts International owns and operates casino resorts, hotels, and entertainment venues located in the United States and in Macau. Its properties combine gaming floors with lodging, convention areas, restaurants, live entertainment, and shopping, and the company is widely recognized for its collection of destinations along the Las Vegas Strip. In addition to traditional slot machines and table games, it extends into online betting and digital casino play through its BetMGM platform.
The business is organized into three segments covering Las Vegas Strip resorts, regional properties elsewhere in the country, and its MGM China operations. Its portfolio has included dozens of hotel and gaming venues along with other assets such as the Fallen Oak golf course. Customers range from high-limit gamblers and everyday vacationers to wholesale tour operators, corporate travelers, and groups booking conventions, trade shows, or smaller conferences.
The company traces its origins to 1986 and once operated under the name MGM MIRAGE before adopting its current name in June 2010. It is headquartered in Las Vegas, Nevada, and its shares are listed on the NYSE under the ticker MGM.
- Listed
- NYSE
- Sector
- Consumer services
- Industry
- Casinos/Gaming
- Website
- mgmresorts.com
MGM Resorts International GekkoIndex: the smart money zone
MGM Resorts International’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 83.8, in the Buying zone, up 9 points over five sessions.
83.8Buying
Up 9 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 45 | +1.5% | +4.6% | ||
| Accumulation | 266 | −0.3% | +1.5% | ||
| Neutral | 325 | +0.2% | −0.8% | ||
| Distribution | 33 | −1.0% | −6.6% | ||
| Selling | 3 | Too few readings yet | |||
Average MGM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the MGM price, zone by zone.Track MGM in Gekko
Is MGM Resorts International stock overvalued? Gekko Fair Value
MGM Resorts International trades 48.6% below Gekko Fair Value of $61.99, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what MGM Resorts International shares are worth, recalculated every trading day.
$61.99
Gekko Fair Value, Sep 26, 2026
48.6% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open MGM in Gekko
MGM Resorts International insider and Congress trading
No open-market insider purchases were filed for MGM Resorts International, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in MGM were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for MGM, plotted on the chart in Gekko.Open MGM in Gekko
Buybacks
MGM Resorts International has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $173.6M
- As a share of market cap
- 2.17%
- Trailing four quarters
- $773.6M
From company filings.
Unusual options activity last 30 days
2signals, 76% of the flagged premium in calls.
Latest: Bullish flow on Sep 26, $1.18M in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
2of the funds Gekko tracks hold MGM.
0added0opened2trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
MGM Resorts International earnings: next date and track record
MGM Resorts International reports on Nov 4, 2026, after the close (36 days away), and beat the EPS estimate in 4 of its last 8 reports.
Next earnings report
Nov 4, 2026
Expected after the close, 36 days away
- EPS estimate
- $0.16
- Revenue estimate
- $4.28B
4 of 8reports beat the EPS estimate
±5.5%average move across the report
2 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 29, 2026 AI summary
- What they said
- MGM Resorts reported record consolidated net revenue for 2Q26 driven by growth across Las Vegas Strip resorts, regional operations (record same-store quarterly revenue), and a 20% YoY revenue increase at MGM Digital. Las Vegas benefitted from strong group and convention demand, major events (BTS, UFC, Golden Knights playoff run), and luxury segment strength, while lower-tier properties (Excalibur, Luxor) remain challenged though stabilizing via promotional packages. Regional operations produced exceptional results, and Macau volumes dipped in June (coinciding with the World Cup) but rebounded strongly in July. CapEx remains focused on luxury upgrades (suite conversions, premium gaming space) and event-driven activations; MGM Osaka remains on track for a 2030 opening. BetMGM and MGM Digital showed steady growth with expectations of operating leverage in 2027 from the European/LeoVegas business to help partially self-fund international expansion (notably Brazil). Management emphasized stabilization and long-term optimism for Vegas, continued regional strength, and a recovering Macau.
- Guidance
- Qualitative forward-looking commentary: Las Vegas is stabilizing and management expects continued momentum into Q3 with some seasonal variability; group/convention bookings are strong with a favorable on-the-books position into 2027; MGM Digital (European/LeoVegas operations) is expected to generate significant operating leverage and substantial profitability in 2027, enabling partial self-funding of growth investments (primarily Brazil); MGM Macau expects a busy summer and volumes rebounded in July; MGM Osaka remains on track for 2030 opening. No specific numeric revenue/earnings guidance was provided.
- Risks flagged
- Short booking windows and seasonal summer volatility; continued intense promotional competition in Macau; international visitor shortfall (notably international travel still below pre-pandemic peak); earnings volatility due to gaming hold variability; potential margin/EBITDA pressure in Vegas despite revenue growth; macroeconomic and consumer spending uncertainties; demand sensitivity to major events and calendar timing.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 29, 2026 | $0.59 est $0.63 | $4.50B est $4.42B | −1.2% |
| Apr 29, 2026 | $0.49 est $0.53 | $4.45B est $4.37B | −2.0% |
| Feb 5, 2026 | $1.60 est $0.52 | $4.61B est $4.50B | +1.5% |
| Oct 29, 2025 | $0.24 est $0.37 | $4.25B est $4.42B | −3.8% |
| Jul 30, 2025 | $0.79 est $0.58 | $4.40B est $4.25B | −2.6% |
| Apr 30, 2025 | $0.69 est $0.50 | $4.28B est $4.28B | −3.0% |
| Feb 12, 2025 | $0.45 est $0.34 | $4.35B est $4.27B | +17.8% |
| Oct 30, 2024 | $0.54 est $0.61 | $4.18B est $4.31B | −12.2% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
MGM Resorts International stock forecast and analyst price targets
Analysts’ average 12-month price target for MGM Resorts International is $49.33, +54.8% from the last close, from 15 firms rating the stock in the last 90 days.
$49.33consensus 12-month target, +54.8% from the last close
Now $31.86Avg $49.33
Low $40High $55
Each firm’s latest rating in the last 90 days: 15 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 24 | Bank of America Securities | $40 | +25.5% |
| Sep 24 | Mizuho Securities | $55 | +72.6% |
| Sep 24 | Truist Financial | — | — |
| Sep 11 | UBS | $46 | +44.4% |
| Aug 18 | UBS | $50 | +56.9% |
+4.6%average 20-day move after past Buying readings
+3.7%average move over the next 20 trading days in the last 5 years
±4%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
MGM Resorts International seasonality: the next 20 trading days
Over the next 20 trading days from Sep 26, MGM Resorts International averaged +3.7% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −0.1% | 2 of 5 |
| Next 10 trading days | +0.1% | 3 of 5 |
| Next 15 trading days | +2.1% | 3 of 5 |
| Next 20 trading days | +3.7% | 3 of 5 |
| Next 30 trading days | +3.6% | 4 of 5 |
For scale, MGM’s typical 20-trading-day move in either direction is about 6.8%.
MGM Resorts International market cap and key statistics
MGM Resorts International’s market cap is $8.02B, with a P/E ratio of 22.9 and revenue of $17.76B over the last twelve months.
Valuation
- Market cap
- $8.02B
- P/E ratio
- 22.9
- Forward P/E
- 17.4
- EPS, TTM
- $1.47
- Gekko Fair Value
- $61.99
Trading
- Volume
- 9.31M
- Avg volume, 20 days
- 4.23M
- 52-week high
- $51.59
- 52-week low
- $29.19
- Shares outstanding
- 255.9M
Financials
- Revenue, TTM
- $17.76B
- Profit margin
- 2.4%
- Return on equity
- 18.9%
- Quarterly earnings growth, YoY
- +519.0%
Risk and income
- Beta
- 1.28
- Typical daily move
- ±4%
- Typical 20-day move
- ±6.8%
MGM Resorts International stock news this week
Coverage of MGM Resorts International this week reads positive: 8 positive, 5 neutral and 6 negative headlines.
- MGM Resorts will discuss third-quarter results on Oct. 28 at 5 p.m. Eastern.Stock Titan, Sep 28
- MGM Resorts International Announces Third Quarter Earnings Release DatePRNewsWire, Sep 28
- Pennsylvania Gaming Board fines MGM Resorts and CountR over licensing breachesYogonet, Sep 28
- Head to Head Review: MGM Resorts International (NYSE:MGM) and Rave Restaurant Group (NASDAQ:RAVE)Defense World, Sep 28
- MGM Wants to Buy People Inc. : Did Barry Diller Anticipate This Outcome?Stefan Waldhauser | Substack, Sep 27
- Seaport: Diller Could Make Another Run at Casino Giant MGMCasino.org, Sep 26
MGM Resorts International peers
MGM Resorts International’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| LVSLas Vegas Sands | Accumulation | 31.2% below |
| FLUTFlutter Entertainment | Buying | 38.6% below |
| WYNNWynn Resorts | Buying | 48.9% below |
| CZRCaesars Entertainment | Accumulation | 42.1% below |
| SGHCSuper Group (SGHC) | Buying | 16.2% below |
| BYDBoyd Gaming | Buying | 44.3% below |
A peer links to its own page where one exists.
MGM Resorts International stock FAQ
What is MGM Resorts International’s market cap?
MGM Resorts International’s market cap is $8.02B at the Sep 28, 2026 close of $31.86, with 255.9M shares outstanding. The shares trade on a P/E ratio of 22.9.
What is the MGM Resorts International stock forecast?
The consensus analyst 12-month price target for MGM Resorts International is $49.33, +54.8% from the last close. Of the 15 firms that rated the stock in the last 90 days, 5 rate it a buy, 8 a hold and 2 a sell. Gekko doesn’t publish price predictions of its own.
Is MGM Resorts International stock overvalued or undervalued?
On Gekko’s estimate MGM Resorts International is undervalued: the Sep 28, 2026 close of $31.86 is 48.6% below Gekko Fair Value of $61.99. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does MGM Resorts International report earnings next?
MGM Resorts International is expected to report on Nov 4, 2026, after the market closes (36 days away). Analysts expect earnings of $0.16 per share on revenue of $4.28B. MGM Resorts International beat the earnings estimate in 4 of its last 8 reports, moving 5.5% on average across the report.
What is MGM Resorts International’s 52-week high and low?
MGM Resorts International’s 52-week high is $51.59 and its 52-week low is $29.19; it closed at $31.86 on Sep 28, 2026, −7.6% over the past year.
Is MGM Resorts International stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in MGM Resorts International?
Gekko flagged 2 unusual options signals in MGM Resorts International over the last 30 days, with $1.64M of flagged premium in calls and $507K in puts. The latest, bullish flow, was on Sep 26, 2026 with $1.18M in unusual premium. The signal-by-signal table is in Gekko.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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