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

OverviewForecast
EarningsDividendOwnership

Analyst price target for MGM

Based on 10 analysts offering 12 month price targets for Mgm Resorts International.
Min Forecast
$46.00+7.7%
Avg Forecast
$55.10+29.01%
Max Forecast
$61.00+42.82%

Should I buy or sell MGM stock?

Based on 10 analysts offering ratings for Mgm Resorts International.
Strong Buy
Strong Buy
6 analysts 60%
Buy
3 analysts 30%
Hold
1 analysts 10%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MGM stock forecasts and price targets.

MGM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-15
lockedlocked$00.00+00.00%2024-04-09
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-02-14
JP Morgan
Top 35%
66
Strong BuyMaintains$54.00+26.43%2024-02-14
Barclays
Top 10%
91
Strong BuyMaintains$55.00+28.78%2024-02-14
Truist Securities
Top 16%
85
Strong BuyReiterates$55.00+28.78%2023-12-05
Stifel Nicolaus
Top 17%
84
Strong BuyMaintains$55.00+28.78%2023-11-09
Wells Fargo
Top 17%
84
Strong BuyMaintains$54.00+26.43%2023-11-09

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Forecast return on equity

Is MGM forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
19.57%

Forecast return on assets

Is MGM forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MGM revenue forecast

What is MGM's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$16.6B+2.85%
Avg 2 year Forecast
$16.9B+4.28%
Avg 3 year Forecast
$16.9B+4.79%
MGM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGM revenue growth forecast

How is MGM forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
2.02%
Industry
5.22%
Market
9.23%
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$42.71$55.10+29.01%Strong Buy
WYNN$97.06$123.00+26.73%Strong Buy
CZR$38.48$57.78+50.15%Strong Buy
MTN$201.38$249.43+23.86%Buy
RRR$59.85$61.67+3.04%Strong Buy
View Top Casino Stocks

Mgm Resorts International Stock Forecast FAQ

Is Mgm Resorts International Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NYSE: MGM) stock is to Strong Buy MGM stock.

Out of 10 analysts, 6 (60%) are recommending MGM as a Strong Buy, 3 (30%) are recommending MGM as a Buy, 1 (10%) are recommending MGM as a Hold, 0 (0%) are recommending MGM as a Sell, and 0 (0%) 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 revenue growth forecast for 2024-2026?

(NYSE: MGM) Mgm Resorts International's forecast annual revenue growth rate of 2.02% is not forecast to beat the US Resorts & Casinos industry's average forecast revenue growth rate of 5.22%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Mgm Resorts International's revenue in 2024 is $16,164,249,000.On average, 8 Wall Street analysts forecast MGM's revenue for 2024 to be $5,314,381,766,593, with the lowest MGM revenue forecast at $5,214,847,699,169, and the highest MGM revenue forecast at $5,468,061,021,489. On average, 8 Wall Street analysts forecast MGM's revenue for 2025 to be $5,388,325,268,744, with the lowest MGM revenue forecast at $5,270,439,750,496, and the highest MGM revenue forecast at $5,513,970,657,344.

In 2026, MGM is forecast to generate $5,414,985,157,833 in revenue, with the lowest revenue forecast at $5,364,776,808,268 and the highest revenue forecast at $5,465,193,507,398.

What is MGM's forecast return on assets (ROA) for 2024-2026?

(NYSE: MGM) forecast ROA is N/A, which is lower than the forecast US Resorts & Casinos industry average of N/A.

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 $55.10, with the highest MGM stock price forecast at $61.00 and the lowest MGM stock price forecast at $46.00.

On average, Wall Street analysts predict that Mgm Resorts International's share price could reach $55.10 by Apr 15, 2025. The average Mgm Resorts International stock price prediction forecasts a potential upside of 29.01% from the current MGM share price of $42.71.

What is MGM's forecast return on equity (ROE) for 2024-2026?

(NYSE: MGM) forecast ROE is N/A, which is considered weak.
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