Truist Financial Forecasts Strong Price Appreciation for MGM Resorts International (NYSE:MGM) Stock

MGM Resorts International (NYSE:MGM) had its price objective increased by analysts at Truist Financial from $38.00 to $39.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Truist Financial’s target price indicates a potential upside of 5.04% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on MGM. Weiss Ratings reaffirmed a “sell (d)” rating on shares of MGM Resorts International in a research note on Monday, December 29th. Susquehanna dropped their price objective on shares of MGM Resorts International from $52.00 to $46.00 and set a “positive” rating on the stock in a research note on Tuesday, January 27th. Wells Fargo & Company upped their price objective on shares of MGM Resorts International from $29.00 to $31.00 and gave the stock an “underweight” rating in a report on Friday, January 16th. The Goldman Sachs Group reiterated a “sell” rating and issued a $33.00 target price on shares of MGM Resorts International in a research note on Monday, December 15th. Finally, Zacks Research upgraded shares of MGM Resorts International from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $44.15.

MGM Resorts International Trading Up 2.3%

MGM stock traded up $0.85 during midday trading on Friday, hitting $37.13. The company had a trading volume of 2,557,784 shares, compared to its average volume of 5,126,157. The company has a current ratio of 1.23, a quick ratio of 1.19 and a debt-to-equity ratio of 1.80. MGM Resorts International has a 52 week low of $25.30 and a 52 week high of $41.32. The stock has a market cap of $10.15 billion, a price-to-earnings ratio of 231.84 and a beta of 1.44. The stock’s 50 day moving average price is $35.57 and its 200 day moving average price is $35.03.

MGM Resorts International (NYSE:MGM) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.97. MGM Resorts International had a net margin of 0.40% and a return on equity of 17.23%. The business had revenue of $4.61 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter in the prior year, the company posted $0.45 EPS. As a group, equities research analysts expect that MGM Resorts International will post 2.21 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder Iac Inc. acquired 1,098,748 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were purchased at an average price of $36.30 per share, with a total value of $39,884,552.40. Following the completion of the purchase, the insider directly owned 65,822,350 shares of the company’s stock, valued at $2,389,351,305. This represents a 1.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.06% of the company’s stock.

Hedge Funds Weigh In On MGM Resorts International

Large investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of MGM Resorts International by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,652 shares of the company’s stock valued at $582,000 after acquiring an additional 951 shares during the last quarter. NewEdge Advisors LLC lifted its position in MGM Resorts International by 12.1% during the first quarter. NewEdge Advisors LLC now owns 3,893 shares of the company’s stock valued at $115,000 after purchasing an additional 421 shares during the last quarter. Woodline Partners LP grew its stake in shares of MGM Resorts International by 39.1% in the 1st quarter. Woodline Partners LP now owns 18,901 shares of the company’s stock worth $560,000 after buying an additional 5,312 shares in the last quarter. Valeo Financial Advisors LLC bought a new stake in shares of MGM Resorts International in the 2nd quarter worth about $236,000. Finally, Callan Family Office LLC purchased a new stake in shares of MGM Resorts International during the 2nd quarter valued at about $545,000. Hedge funds and other institutional investors own 68.11% of the company’s stock.

More MGM Resorts International News

Here are the key news stories impacting MGM Resorts International this week:

• Positive Sentiment: Q4 results materially beat expectations: revenue of $4.61B, EPS of $1.60 (well above consensus) and consolidated adjusted EBITDA growth, which supports earnings momentum and helped lift sentiment. PR Newswire: Q4 & Full‑Year 2025 Results
• Positive Sentiment: Shareholder returns and BetMGM cash: MGM repurchased 15M shares in 4Q (37.5M in 2025 total) and received $135M from BetMGM in 4Q — both increase per‑share economics and support valuation. PR Newswire: Q4 Release
• Positive Sentiment: Analyst upgrades/price target increases: Macquarie raised its target to $46 with an Outperform, and Truist also upgraded — these lifts add near‑term buying interest and signal improved analyst conviction. Benzinga: Macquarie Price Target
• Positive Sentiment: MGM China reported all‑time highs for revenue, adjusted EBITDA and market share in 2025, providing international growth tailwinds for the parent. PR Newswire: MGM China 2025 Results
• Neutral Sentiment: Company commentary: management acknowledges headwinds on the Las Vegas Strip but says demand indicators are improving heading into 2026 — a constructive signal but still early for a durable turn. Yogonet: Improving Demand Indicators
• Neutral Sentiment: Full‑year scale: company reported ~$17.5B revenue for 2025, showing portfolio diversification benefits (U.S. + China + betting) but mixed region performance. Gaming Intelligence: 2025 Revenue
• Negative Sentiment: Las Vegas softness: several reports note weaker Strip performance in 2025 and lower Las Vegas revenue in Q4, which could pressure near‑term margins and valuation if the recovery lags. Yahoo Finance: Vegas Weakness
• Negative Sentiment: Cost questions at MGM China: while EBITDA hit records, analysts flagged rising costs and margin risks in Macau that could temper upside from the region. GGRAsia: China Cost Concerns
• Negative Sentiment: Balance sheet & liquidity watch: cash fell year‑over‑year and total liabilities remain large (noted in filings), so investors should monitor leverage and free‑cash‑flow conversion as buybacks continue. Company Slide Deck / Filings

MGM Resorts International Company Profile

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.