MGM Resorts International (MGM) fair value analysis
S&P 500 · Updated 2026-10-19
MGM price how computed
Forward Fair Value verdict
OvervaluedMGM is trading at a 10–25% premium to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $29.27
- Sector
- Consumer Cyclical
- 12-month range
- $28.60–$50.69
- Market cap
- $7.49B
- From 52-week high
- -42.3%
- Shares outstanding
- 256M
- Rank in Consumer Cyclical by discount to fair value
- #59 of 85
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
MGM Resorts International is a hospitality and entertainment company that owns and operates casinos, hotels, and resorts primarily featuring gaming, dining, and entertainment amenities. The company operates properties across the United States, with significant presence in Las Vegas and other major markets, as well as international locations including Macau and other regions.
MGM currently ranks #59 of 85 Consumer Cyclical stocks by discount to fair value. It has screened as Overvalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $7.49B
- P/E (trailing)
- 10x
- Revenue (TTM)
- $17.8B
- Net margin
- 2.4%
- EPS (TTM)
- $2.92
- Gross margin
- 44.5%
- Debt / equity
- 11.87
- Revenue growth (3-yr avg)
- 4.1%
- Shares outstanding
- 256M
Derived indicators how computed
- Quality grade
- D
- Margin trend
- Stable
- 52-week position
- The bottom quarter of its range
- DCF cross-check
- Undervalued
Technicals how computed
- RSI (14-day)
- 16 · oversold
- 50-day average
- $37.83
- 200-day average
- $39.38
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Dividends how computed
- Dividend
- None in the last 12 months (last ex-date 2022-12-08)
Earnings how computed
- Next earnings report
- 2026-10-28 (post-market)
- Last 8 quarters vs consensus
- 5 beat, 3 missed
- Quarter by quarter
- 2026-06 ▼ miss (-6.3%)
2026-03 ▲ beat (+2.1%)
2025-12 ▲ beat (+190.9%)
2025-09 ▼ miss (-20.0%)
2025-06 ▲ beat (+43.6%)
2025-03 ▲ beat (+53.3%)
2024-12 ▲ beat (+32.4%)
2024-09 ▼ miss (-11.5%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 10 buy · 11 hold · 2 sell (23 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $45.7
- Target vs last price
- +56.1%
What our data shows for MGM
- Our model validated 11 trailing price-to-earnings windows for MGM, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $28.60–$50.69.
- The 14-day relative strength index sits at an oversold 16.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for MGM
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent MGM news
TickrTrends' derived news-sentiment signal for MGM is currently leaning positive, computed from recent coverage.
- BetMGM and the National Football League Extend Partnership in Canada (manilatimes.net, 2026-10-22)
TickrTrends take: MGM's partnership extension with the NFL in Canada expands its sports betting footprint in a growing market, which could support revenue diversification beyond traditional casino operations. However, TickrTrends currently rates the stock as overvalued, suggesting the market may already be pricing in expectations from such expansion efforts. Investors focused on valuation metrics should monitor whether MGM's actual financial results from Canadian sports betting justify its current market price relative to comparable companies in the Consumer Cyclical sector. - MGM Maintains Overweight Rating by JP Morgan -- Price Target Lowered to $42 (gurufocus.com, 2026-10-20)
TickrTrends take: JP Morgan's maintained overweight stance on MGM despite lowering its price target to 42 dollars suggests analyst confidence in the company's fundamentals even as near-term valuation concerns emerge. This rating maintenance contrasts with TickrTrends' current overvalued assessment, indicating a divergence in how different analytical approaches view MGM's current risk-reward profile. Valuation-focused readers should monitor whether MGM's operational performance can justify closing the gap between analyst price targets and market pricing, particularly given the cyclical nature of the consumer discretionary sector. - MGM Maintains Hold Rating by Stifel -- Price Target Lowered to $40 (gurufocus.com, 2026-10-20)
TickrTrends take: Stifel's reduction of MGM's price target to $40 occurs against TickrTrends' assessment that the stock is currently overvalued, suggesting the analyst revision aligns with concerns about the company's fundamental value relative to its market price. For investors focused on valuation metrics, this downward adjustment in price target warrants attention to how the Consumer Cyclical sector's sensitivity to economic cycles may be weighing on MGM's near-term prospects. The maintained hold rating indicates the analyst sees limited upside at current levels, reinforcing the importance of monitoring whether MGM's valuation gap continues to narrow before a more favorable entry point emerges.
More MGM news
- MGM Maintained by Morgan Stanley -- Price Target Lowered to $29.00 (gurufocus.com, 2026-10-19)
- MGM Resorts International Shares Rise After BetMGM Q3 Revenue Growth Boosts Outlook (MGM) (gurufocus.com, 2026-10-14)
- MGM Maintained by Macquarie -- Price Target Steady at $48.00 (gurufocus.com, 2026-10-14)
- Helikon Investments Ltd Buys People Inc (PPLI) -- Shares Look 43% Overvalued on GF Value (gurufocus.com, 2026-10-13)
What people are saying
Follow the MGM conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is MGM stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), MGM is trading at a 10–25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.
What is MGM's TickrTrends verdict?
MGM's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.
How does MGM compare to other Consumer Cyclical stocks?
MGM ranks #59 of 85 Consumer Cyclical stocks in TickrTrends' coverage by discount to fair value.
Is MGM overbought or oversold?
MGM's 14-day RSI is in the oversold zone on TickrTrends' latest weekly data.
Does MGM pay a dividend?
MGM has paid no dividend in the last twelve months; its last ex-dividend date on file was 2022-12-08.
When does MGM report earnings next?
MGM's next earnings report is scheduled for 2026-10-28 (post-market), per the published earnings calendar.
Does MGM usually beat earnings estimates?
Over its last 8 reported quarters MGM beat the consensus estimate 5 times and missed 3 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about MGM?
Of 23 analysts covering MGM, 10 rate it a buy, 11 a hold and 2 a sell - hold-leaning, with a consensus price target of $45.7 (+56.1% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
More in Consumer Cyclical
Head-to-head comparisons
MGM vs CASY · MGM vs CVCO · MGM vs F · MGM vs LEGH · MGM vs LQDT