MGM Resorts International (NYSE:MGM) Given New $41.00 Price Target at Citigroup

MGM Resorts International (NYSE:MGM) had its price target raised by Citigroup from $35.00 to $41.00 in a research report report published on Friday,MarketScreener reports. The firm currently has a neutral rating on the stock.

A number of other brokerages also recently commented on MGM. Barclays set a $37.00 target price on shares of MGM Resorts International in a report on Friday. Mizuho set a $62.00 target price on MGM Resorts International in a research note on Thursday, October 30th. Wells Fargo & Company raised their price target on MGM Resorts International from $29.00 to $31.00 and gave the stock an “underweight” rating in a report on Friday, January 16th. Stifel Nicolaus increased their price objective on shares of MGM Resorts International from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Friday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of MGM Resorts International in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $43.82.

MGM Resorts International Price Performance

Shares of MGM opened at $37.49 on Friday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.19 and a current ratio of 1.23. The company has a 50 day moving average price of $35.62 and a 200-day moving average price of $35.03. MGM Resorts International has a fifty-two week low of $25.30 and a fifty-two week high of $41.32. The stock has a market capitalization of $10.25 billion, a PE ratio of 49.99 and a beta of 1.44.

MGM Resorts International (NYSE:MGM) last issued its quarterly earnings data on Thursday, February 5th. The company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.96. MGM Resorts International had a net margin of 1.17% and a return on equity of 25.46%. The company had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the previous year, the firm posted $0.45 earnings per share. Equities analysts predict that MGM Resorts International will post 2.21 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other MGM Resorts International news, major shareholder Iac Inc. purchased 1,098,748 shares of the stock in a transaction on Friday, December 5th. The shares were bought at an average price of $36.30 per share, for a total transaction of $39,884,552.40. Following the completion of the transaction, the insider owned 65,822,350 shares of the company’s stock, valued at $2,389,351,305. This trade represents a 1.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 3.06% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Helikon Investments Ltd increased its holdings in MGM Resorts International by 379.9% in the 2nd quarter. Helikon Investments Ltd now owns 8,810,322 shares of the company’s stock worth $302,987,000 after acquiring an additional 6,974,347 shares in the last quarter. AQR Capital Management LLC grew its position in shares of MGM Resorts International by 202.5% in the third quarter. AQR Capital Management LLC now owns 8,446,982 shares of the company’s stock valued at $292,772,000 after purchasing an additional 5,654,757 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of MGM Resorts International by 81.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 7,642,060 shares of the company’s stock worth $264,874,000 after purchasing an additional 3,429,946 shares in the last quarter. Davis Selected Advisers increased its stake in shares of MGM Resorts International by 14.4% during the second quarter. Davis Selected Advisers now owns 23,821,109 shares of the company’s stock worth $819,208,000 after purchasing an additional 3,006,052 shares in the last quarter. Finally, Samlyn Capital LLC acquired a new position in shares of MGM Resorts International during the 3rd quarter worth about $62,787,000. 68.11% of the stock is owned by institutional investors and hedge funds.

Key MGM Resorts International News

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

• Positive Sentiment: Q4 earnings and revenue topped estimates, driven by strong Macau performance, digital growth and regional casinos; EPS $1.60 vs. consensus ~ $0.63, and consolidated revenue/EBITDA gains. MGM Resorts Q4 Earnings & Revenues Top Estimates, Rise Y/Y
• Positive Sentiment: MGM highlighted full-year and Q4 cash returns from BetMGM (distributed $135M in 4Q25) and sizable share repurchases (15M in 4Q, 37.5M in 2025), which support future EPS and free cash flow per share. MGM Resorts International Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: MGM China reported record 4Q adjusted EBITDA and all-time highs in revenue/market share for 2025, reinforcing Macau as a growth engine for the group. MGM China Reports 2025 Annual Results
• Positive Sentiment: Company reported $17.5B revenue for 2025, signaling underlying scale and recovery outside Las Vegas. MGM Resorts revenue hits $17.5 billion in 2025
• Positive Sentiment: Truist raised its price target from $38 to $39 (hold), reflecting modest analyst support after the quarter. MGM Resorts International Upgraded at Truist Financial
• Neutral Sentiment: Detailed investor materials (earnings presentation and full call transcript) are available for parsing guidance and segment-level metrics. MGM Resorts International Q4 2025 Earnings Call Transcript
• Neutral Sentiment: MGM moved its earnings release earlier (timing change only). MGM Resorts International Updates Earnings Release Date
• Negative Sentiment: Las Vegas/Strip results were weaker in 2025 and the Strip was down in Q4, creating near-term headwinds for MGM’s largest market. MGM Resorts down in Las Vegas in Q4, though CEO remains optimistic
• Negative Sentiment: Analysts flagged questions about costs in Macau despite record EBITDA at MGM China, which could pressure margins if costs persist. MGM China had ‘record’ 4Q EBITDA but ‘questions’ regarding costs: analysts
• Negative Sentiment: Management acknowledged weaker Strip demand in 2025 even as early indicators show improvement — a mixed recovery that could keep investors cautious on near-term Vegas cash flow. MGM sees improving demand indicators following weaker 2025 performance on the Strip

About MGM Resorts International

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.