MGM (MGM Resorts) Stock Analysis - News

MGM Resorts (MGM) is a publicly traded Consumer Cyclical sector company. As of May 20, 2026, MGM trades at $36.64 with a market cap of $9.49B and a P/E ratio of 49.63. MGM moved +1.37% today. Year to date, MGM is +1.53%; over the trailing twelve months it is +10.97%. Its 52-week range spans $25.30 to $42.54. Analyst consensus is neutral with an average price target of $42.15. Rallies surfaces MGM's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in MGM news today?

MGM drops after Jefferies downgrade cites leased-asset drag and softer EBITDAR: MGM Resorts shares are sliding about 3% on May 1, 2026 after Jefferies cut the stock to Hold from Buy and lowered its price target to $44 from $50. The downgrade flagged MGM’s fully leased U.S. property portfolio as a structural drag and pointed to Q1 results that missed key profitability expectations despite revenue beating forecasts.

MGM Key Metrics

Key financial metrics for MGM
MetricValue
Price$36.64
Market Cap$9.49B
P/E Ratio49.63
EPS$0.74
Dividend Yield0.00%
52-Week High$42.54
52-Week Low$25.30
Volume3.47M
Avg Volume0
Revenue (TTM)$17.72B
Net Income$468.93M
Gross Margin0.00%

Latest MGM News

Recent MGM Insider Trades

  • IAC Inc. bought 450.00K (~$16.71M) on Mar 24, 2026.
  • IAC Inc. bought 550.00K (~$20.52M) on Mar 23, 2026.
  • Meister Keith A. sold 37.50K (~$1.29M) on Mar 9, 2026.

MGM Analyst Consensus

15 analysts cover MGM: 0 strong buy, 4 buy, 8 hold, 3 sell, 0 strong sell. Consensus rating is neutral. Average price target: $42.15.

Common questions about MGM

What changed in MGM news today?
MGM drops after Jefferies downgrade cites leased-asset drag and softer EBITDAR: MGM Resorts shares are sliding about 3% on May 1, 2026 after Jefferies cut the stock to Hold from Buy and lowered its price target to $44 from $50. The downgrade flagged MGM’s fully leased U.S. property portfolio as a structural drag and pointed to Q1 results that missed key profitability expectations despite revenue beating forecasts.
Does Rallies summarize MGM news?
Yes. Rallies summarizes MGM news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is MGM research on Rallies investment advice?
No. Rallies provides research, data, and educational context for MGM. It does not provide personalized investment advice.
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