Twin Tree Management LP Takes $1.55 Million Position in MGM Resorts International $MGM

Posted by George Bondi on Aug 23rd, 2026

Twin Tree Management LP bought a new stake in shares of MGM Resorts International (NYSE:MGM – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 32,375 shares of the company’s stock, valued at approximately $1,548,000.

A number of other hedge funds have also recently added to or reduced their stakes in MGM. Davis Asset Management L.P. purchased a new stake in MGM Resorts International during the second quarter worth $1,504,000. Bank of Nova Scotia purchased a new position in MGM Resorts International in the second quarter valued at $507,000. Elevation Point Wealth Partners LLC acquired a new position in shares of MGM Resorts International in the second quarter worth about $491,000. Commerce Bank acquired a new position in shares of MGM Resorts International in the second quarter worth about $1,346,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of MGM Resorts International in the second quarter worth about $1,322,000. 68.11% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MGM. The Goldman Sachs Group restated a “sell” rating and set a $43.00 target price on shares of MGM Resorts International in a research report on Wednesday, July 15th. KeyCorp raised MGM Resorts International from a “sector weight” rating to an “overweight” rating and set a $117.00 price target for the company in a report on Monday, April 27th. Stifel Nicolaus reiterated a “hold” rating and set a $49.00 price target (up from $48.00) on shares of MGM Resorts International in a research report on Monday, June 15th. Barclays raised their price objective on MGM Resorts International from $39.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Finally, JPMorgan Chase & Co. boosted their price objective on MGM Resorts International from $46.00 to $53.00 and gave the company an “overweight” rating in a research report on Friday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, MGM Resorts International currently has a consensus rating of “Moderate Buy” and an average price target of $53.37.

Get Our Latest Stock Analysis on MGM Resorts International

MGM Resorts International Stock Up 1.3%

NYSE MGM opened at $43.72 on Friday. MGM Resorts International has a one year low of $29.18 and a one year high of $51.59. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.30 and a current ratio of 1.34. The business has a fifty day moving average price of $45.96 and a 200 day moving average price of $41.02. The company has a market cap of $11.00 billion, a P/E ratio of 26.50, a P/E/G ratio of 2.24 and a beta of 1.31.

MGM Resorts International (NYSE:MGM – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.03. The business had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.42 billion. MGM Resorts International had a net margin of 2.40% and a return on equity of 23.30%. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.79 earnings per share. Research analysts anticipate that MGM Resorts International will post 1.96 EPS for the current fiscal year.

MGM Resorts International Profile

(Free Report)

MGM Resorts International is a leading global hospitality and entertainment company that develops, owns and operates destination resorts, hotels and casinos. Its properties feature integrated gaming floors alongside luxury accommodations, fine dining and retail outlets, live entertainment venues and convention facilities. The company also offers loyalty programs, sports betting and digital gaming experiences to enhance guest engagement and drive repeat visitation.

The company traces its heritage to the opening of the original MGM Grand Hotel & Casino on the Las Vegas Strip in 1973.