Risk factor
Strong trading liquidity
Profitability factor
Very low or no dividends
In Guru Portfolios
About
MGM Resorts International stands as a premier global gaming and entertainment conglomerate, operating through its subsidiaries across the United States, China, and various international markets. Its extensive business activities are structured into four primary segments: the iconic Las Vegas Strip Resorts, a wide-ranging portfolio of Regional Operations, its significant presence in MGM China, and its expanding MGM Digital division. The company owns and manages integrated casino resorts, offering a comprehensive array of amenities that include gaming floors, luxury accommodations, convention and meeting spaces, diverse dining experiences, live entertainment, retail shopping, and other upscale resort services. Complementing its physical establishments, MGM also provides online gaming opportunities through its digital platforms. Its gaming offerings encompass traditional slot machines and table games found within its casinos, alongside modern digital options such as live dealer games, online sports wagering, and iGaming services facilitated by its BetMGM platform. MGM caters to a broad clientele, serving premium gaming enthusiasts, individual leisure and wholesale travelers, business professionals, and various group customers, including attendees of conventions, trade association events, and smaller corporate gatherings. Established in 1986 and initially named MGM MIRAGE, the company rebranded to MGM Resorts International in June 2010, maintaining its corporate headquarters in Las Vegas, Nevada.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, overvalued on EV/EBITDA
Target Price
The average target price of MGM is 47.4 and suggests 25.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre