MGM Resorts International (NYSE:MGM) Posts Earnings Results, Misses Estimates By $0.15 EPS

Posted by Geri Gentry on Oct 28th, 2026

MGM Resorts International (NYSE:MGM – Get Free Report) announced its earnings results on Wednesday. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.15), FiscalAI reports. MGM Resorts International had a net margin of 2.40% and a return on equity of 23.30%. The business had revenue of $4.21 billion for the quarter, compared to analysts’ expectations of $4.21 billion.

MGM Resorts International Price Performance

Shares of NYSE:MGM traded down $0.71 during midday trading on Wednesday, hitting $27.28. The company had a trading volume of 8,225,321 shares, compared to its average volume of 4,364,143. MGM Resorts International has a twelve month low of $27.20 and a twelve month high of $51.59. The stock has a market cap of $6.86 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 1.56 and a beta of 1.35. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.34 and a quick ratio of 1.30. The business’s 50-day simple moving average is $35.67 and its 200-day simple moving average is $39.10.

Analysts Set New Price Targets

MGM has been the subject of several recent analyst reports. HSBC raised shares of MGM Resorts International to a “strong-buy” rating in a report on Thursday, July 30th. JPMorgan Chase & Co. decreased their price objective on shares of MGM Resorts International from $53.00 to $42.00 and set an “overweight” rating on the stock in a report on Tuesday, October 20th. Stifel Nicolaus dropped their target price on shares of MGM Resorts International from $49.00 to $40.00 and set a “hold” rating on the stock in a research report on Tuesday, October 20th. Morgan Stanley lowered their price objective on MGM Resorts International from $43.00 to $29.00 and set an “underweight” rating on the stock in a report on Monday, October 19th. Finally, The Goldman Sachs Group set a $30.00 price objective on MGM Resorts International in a research note on Tuesday, October 13th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $46.71.

View Our Latest Research Report on MGM

MGM Resorts International Company Profile

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MGM Resorts International is a global hospitality and entertainment company that develops, owns, and operates destination resorts featuring casinos, hotels, restaurants, entertainment venues, convention facilities, retail spaces, and nightlife offerings. Its portfolio includes well-known properties such as MGM Grand, Bellagio, ARIA, Mandalay Bay, and The Cosmopolitan of Las Vegas.

The company serves customers through properties in Las Vegas and other U.S. markets, including regional destinations in Michigan, Maryland, Massachusetts, Mississippi, New Jersey, New York, and Ohio.