MGM Resorts International

MGM · Consumer Cyclical

About MGM Resorts International

MGM Resorts International (MGM) has been publicly traded since 1988, making it a 38-year-old public company. It operates in the Resorts & Casinos industry within the Consumer Cyclical sector. The company is headquartered in Las Vegas, United States and employs approximately 60,000 people. With a market capitalization of $10 billion, MGM is a large established company.

Key Statistics

Current Price
$36.65
Market Cap
$10.02B
52-Week High
$40.16
52-Week Low
$25.30
Sector
Consumer Cyclical
Industry
Resorts & Casinos

$1,000 Invested

1 Year
$1,215
+22%
3 Years
$849
+-15%
5 Years
$978
+-2%
10 Years
$1,958
+96%
Since IPO
$14,190
+1319%

Monthly Returns Heatmap

Annual Returns

Avg Return
+16.61%
Best Year
1993 (+104.58%)
Worst Year
2008 (-83.62%)
Positive Years
26/38
Year Return Start End
2026 +0.44% $36.49 $36.65
2025 +5.31% $34.65 $36.49
2024 -22.45% $44.68 $34.65
2023 +33.25% $33.53 $44.68
2022 -25.26% $44.86 $33.53
2021 +42.47% $31.49 $44.86
2020 -4.55% $32.99 $31.49
2019 +39.69% $23.62 $32.99
2018 -26.16% $31.99 $23.62
2017 +17.48% $27.23 $31.99
2016 +26.89% $21.46 $27.23
2015 +6.27% $20.19 $21.46
2014 -9.10% $22.21 $20.19
2013 +102.06% $10.99 $22.21
2012 +11.60% $9.85 $10.99
2011 -29.76% $14.03 $9.85
2010 +62.83% $8.61 $14.03
2009 -33.72% $13.00 $8.61
2008 -83.62% $79.36 $13.00
2007 +46.50% $54.17 $79.36
2006 +56.39% $34.64 $54.17
2005 +0.82% $34.35 $34.64
2004 +93.41% $17.76 $34.35
2003 +14.07% $15.57 $17.76
2002 +14.20% $13.63 $15.57
2001 +2.76% $13.27 $13.63
2000 +12.31% $11.81 $13.27
1999 +85.48% $6.37 $11.81
1998 -24.91% $8.48 $6.37
1997 +3.58% $8.19 $8.48
1996 +51.63% $5.40 $8.19
1995 -4.66% $5.66 $5.40
1994 -38.34% $9.19 $5.66
1993 +104.58% $4.49 $9.19
1992 +68.13% $2.67 $4.49
1991 +16.67% $2.29 $2.67
1990 -37.60% $3.67 $2.29
1989 +52.44% $2.41 $3.67

Valuation

MGM currently trades at a trailing P/E ratio of 48.3, which is considered high relative to the broader market. The forward P/E of 15.6 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 3.9. The price-to-sales ratio is 0.6.

Dividends

MGM Resorts International does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.

Risk & Volatility

MGM has a beta of 1.40, indicating it is significantly more volatile than the overall market. The stock's 52-week range is $25.30 to $40.16, and it currently trades in the upper half of its 52-week range.

Analyst Ratings

Based on 18 analyst opinions, MGM has a consensus "buy" rating. The average price target of $42.61 suggests 16.2% upside from current levels.

Frequently Asked Questions

What does MGM Resorts International do?

MGM Resorts International is a Resorts & Casinos company operating in the Consumer Cyclical sector. The company is headquartered in Las Vegas, United States.

What sector is MGM in?

MGM operates in the Consumer Cyclical sector, specifically in the Resorts & Casinos industry.

When did MGM go public?

MGM Resorts International went public in 1988, making it a 38-year-old public company as of 2026.

How much would $1,000 invested in MGM 5 years ago be worth today?

A $1,000 investment in MGM five years ago would be worth approximately $978 today, representing a -2.2% return.

Does MGM pay dividends?

No, MGM Resorts International does not currently pay a dividend. The company reinvests its earnings into growth.

What is MGM's market cap?

MGM Resorts International has a market capitalization of $10 billion, classifying it as a large-cap company.

What is MGM's P/E ratio?

MGM has a trailing P/E ratio of 48.3 and a forward P/E of 15.6, which measures how much investors are paying per dollar of earnings.

Is MGM a buy, hold, or sell?

Based on 18 opinions, MGM has a consensus "buy" rating. The average price target is $42.61.

Last updated: 3/14/2026