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NYSE: MGM
Mgm Resorts International Stock Forecast, Predictions & Price Target

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Analyst price target for MGM

Based on 10 analysts offering 12 month price targets for Mgm Resorts International.
Min Forecast
$35.00+16.71%
Avg Forecast
$51.65+72.22%
Max Forecast
$72.00+140.08%

Should I buy or sell MGM stock?

Based on 11 analysts offering ratings for Mgm Resorts International.
Buy
Strong Buy
4 analysts 36.36%
Buy
2 analysts 18.18%
Hold
4 analysts 36.36%
Sell
0 analysts 0%
Strong Sell
1 analysts 9.09%

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MGM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 32%
69
Strong BuyMaintains$58.50+95.07%2022-09-26
Argus Research
Bottom 19%
19
HoldDowngradesN/AN/A2022-09-08
Credit Suisse
Bottom 14%
14
BuyMaintains$72.00+140.08%2022-08-04
Wells Fargo
Bottom 11%
11
Strong BuyMaintains$58.00+93.40%2022-08-04
Truist Securities
Top 17%
84
HoldMaintains$35.00+16.71%2022-07-20
JMP Securities
Bottom 18%
18
BuyInitiates Coverage On$55.00+83.39%2022-06-28
Deutsche Bank
Top 12%
89
Strong BuyMaintains$48.00+60.05%2022-05-20
Anonymous
Morgan Stanley
HoldMaintains$52.00+73.39%2022-05-03
JP Morgan
Bottom 36%
36
Strong BuyReinstates$53.00+76.73%2022-05-03
Morgan Stanley
Top 16%
85
HoldMaintains$51.00+70.06%2022-04-25

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Forecast return on equity

Is MGM forecast to generate an efficient return?
Company
9.6%
Industry
55.64%
Market
109.89%
MGM's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MGM forecast to generate an efficient return on assets?
Company
1.14%
Industry
5.67%
MGM is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MGM earnings per share forecast

What is MGM's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.04-99.45%
Avg 2 year Forecast
$0.67-90.75%
Avg 3 year Forecast
$1.40-80.66%
MGM's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MGM revenue forecast

What is MGM's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$12.5B+5.56%
Avg 2 year Forecast
$13.1B+10.55%
Avg 3 year Forecast
$13.6B+14.25%
MGM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGM earnings growth forecast

How is MGM forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
-69.58%
Industry
-14.26%
Market
18.69%
MGM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MGM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MGM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MGM revenue growth forecast

How is MGM forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
4.96%
Industry
16.04%
Market
8.28%
MGM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGM vs Casino Stocks

TickerPricePrice TargetUp/downsideConsensus
MGM$29.99$51.65+72.22%Buy
MTN$213.55$291.43+36.47%Hold
WYNN$64.35$89.17+38.57%Strong Buy
CZR$32.42$82.58+154.73%Strong Buy
BYD$47.98$85.11+77.39%Strong Buy

Mgm Resorts International Stock Forecast FAQ

Is Mgm Resorts International Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: MGM) stock is to Buy MGM stock.

Out of 11 analysts, 4 (36.36%) are recommending MGM as a Strong Buy, 2 (18.18%) are recommending MGM as a Buy, 4 (36.36%) are recommending MGM as a Hold, 0 (0%) are recommending MGM as a Sell, and 1 (9.09%) are recommending MGM as a Strong Sell.

If you're new to stock investing, here's how to buy Mgm Resorts International stock.

What is MGM's earnings growth forecast for 2022-2024?

(NYSE: MGM) Mgm Resorts International's forecast annual earnings growth rate of -69.58% is not forecast to beat the US Resorts & Casinos industry's average forecast earnings growth rate of -14.26%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.69%.

Mgm Resorts International's earnings in 2022 is $3,247,367,000.On average, 2 Wall Street analysts forecast MGM's earnings for 2022 to be $15,724,086, with the lowest MGM earnings forecast at -$11,793,064, and the highest MGM earnings forecast at $39,310,215. On average, 7 Wall Street analysts forecast MGM's earnings for 2023 to be $263,378,438, with the lowest MGM earnings forecast at -$180,826,988, and the highest MGM earnings forecast at $1,022,065,582.

In 2024, MGM is forecast to generate $550,343,006 in earnings, with the lowest earnings forecast at $66,827,365 and the highest earnings forecast at $1,293,306,064.

What is MGM's revenue growth forecast for 2022-2024?

(NYSE: MGM) Mgm Resorts International's forecast annual revenue growth rate of 4.96% is not forecast to beat the US Resorts & Casinos industry's average forecast revenue growth rate of 16.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.28%.

Mgm Resorts International's revenue in 2022 is $11,883,628,000.On average, 5 Wall Street analysts forecast MGM's revenue for 2022 to be $4,931,198,338,451, with the lowest MGM revenue forecast at $4,772,024,203,292, and the highest MGM revenue forecast at $5,041,806,275,756. On average, 5 Wall Street analysts forecast MGM's revenue for 2023 to be $5,164,096,422,667, with the lowest MGM revenue forecast at $4,803,629,615,911, and the highest MGM revenue forecast at $5,459,009,515,389.

In 2024, MGM is forecast to generate $5,337,287,794,183 in revenue, with the lowest revenue forecast at $5,096,176,233,708 and the highest revenue forecast at $5,587,306,263,105.

What is MGM's forecast return on assets (ROA) for 2022-2024?

(NYSE: MGM) forecast ROA is 1.14%, which is lower than the forecast US Resorts & Casinos industry average of 5.67%.

What is MGM's Price Target?

According to 10 Wall Street analysts that have issued a 1 year MGM price target, the average MGM price target is $51.65, with the highest MGM stock price forecast at $72.00 and the lowest MGM stock price forecast at $35.00.

On average, Wall Street analysts predict that Mgm Resorts International's share price could reach $51.65 by Sep 26, 2023. The average Mgm Resorts International stock price prediction forecasts a potential upside of 72.22% from the current MGM share price of $29.99.

What is MGM's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: MGM) Mgm Resorts International's current Earnings Per Share (EPS) is $7.24. On average, analysts forecast that MGM's EPS will be $0.04 for 2022, with the lowest EPS forecast at -$0.03, and the highest EPS forecast at $0.10. On average, analysts forecast that MGM's EPS will be $0.67 for 2023, with the lowest EPS forecast at -$0.46, and the highest EPS forecast at $2.60. In 2024, MGM's EPS is forecast to hit $1.40 (min: $0.17, max: $3.29).

What is MGM's forecast return on equity (ROE) for 2022-2024?

(NYSE: MGM) forecast ROE is 9.6%, which is considered weak.
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