MGM Resorts' Japan casino resort is still tracking for a 2030 opening
The resort, which is expected to see about 20M visitors a year, is still Japan's only approved casino resort, though the ...
Model output · Signal date 2026-10-16
Mgm Resorts International (MGM) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE
Rating · 90D
▲ Bullish
Exact rating locked
90-day forecast
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30-day forecast
Total
Rank in coverage
Top 35%
of 5171 stocks scored
Rank correlation · 90D
38.0%
Spearman, 357 dates
Market Cap
$7.20B
mid-cap · #8 of 26 peers
Summary
Mgm Resorts International (MGM) stock forecast summary
Our AI ranks Mgm Resorts International outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Mgm Resorts International is a mid-cap company with a market capitalization of $7.20B. It ranks number 8 by market capitalization among the 26 Hotels & Motels issuers in our coverage with a current forecast. Its Current Ratio of 1.33x is the highest of the 21 peers that report one.
For MGM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 38.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 37.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.0%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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MGM price chart and AI forecast
Cross-section · 2026-10-16
How MGM ranks among 5171 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-30
Mgm Resorts International (MGM) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Hotels & Motels peers listed below that report each metric.
Valuation & Market
| Metric | MGM | Rank |
|---|---|---|
| Market Cap | $7.20B | 8/26 |
| P/E Ratio | 16.92x | 11/15 |
| P/B Ratio | 2.86x | 9/17 |
| EPS | $1.69 | – |
| Book Value/Share | $9.99 | – |
| Revenue/Share | $70.60 | – |
| FCF/Share | $5.94 | – |
Profitability & Margins
| Metric | MGM | Rank |
|---|---|---|
| ROE | 16.9% | 7/13 |
| ROA | 1.1% | 11/19 |
| ROIC | 2.8% | 12/16 |
| Operating Margin | 5.7% | 13/20 |
| Net Margin | 2.4% | 12/20 |
| EBT Margin | 2.8% | 13/23 |
| Tax Rate | -35.8% | – |
Financial Health
| Metric | MGM | Rank |
|---|---|---|
| Current Ratio | 1.33x | 1/21 |
| Quick Ratio | 1.30x | 1/15 |
| D/E Ratio | 14.51x | 4/17 |
| Financial Leverage | 15.85x | 5/15 |
| Interest Coverage | 4.2x | 7/23 |
| Working Capital | $1.11B | 1/21 |
Cash Flow
| Metric | MGM | Rank |
|---|---|---|
| Operating Cash Flow | $2.46B | 4/24 |
| Free Cash Flow | $1.49B | 5/17 |
| Capital Spending | -$968M | 16/17 |
| OCF Growth YoY | -2.7% | 15/22 |
| FCF Growth YoY | 15.4% | 6/14 |
| FCF/Sales | 8.4% | 9/16 |
| CapEx/Sales | 5.5% | 8/16 |
Operational Efficiency
| Metric | MGM | Rank |
|---|---|---|
| Asset Turnover | 0.45x | 14/19 |
| Receivables Turnover | 14.6x | 15/19 |
| Fixed Assets Turnover | 3.0x | 8/18 |
| Days Sales Outstanding | 25 days | 5/19 |
Income Statement
| Metric | MGM | Rank |
|---|---|---|
| Total Revenue | $17.76B | 2/20 |
| Operating Income | $1.02B | 7/21 |
| Net Income | $426M | 7/21 |
| SG&A Expense | $5.05B | 1/11 |
Dividend & Shareholder Information
| Metric | MGM | Rank |
|---|---|---|
| Shares Outstanding | 252M | – |
| Net Income Growth | -21.1% | 12/15 |
| EPS Growth | -14.7% | 11/16 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $4.40B | 11.1% of assets |
| Cash & Short-term Investments | $2.55B | 6.4% of assets |
| Accounts Receivable | $1.22B | 3.1% of assets |
| Inventory | $123M | 0.3% of assets |
| Total Liabilities | $36.47B | 91.5% of assets |
| Short-term Debt | $2.88B | 7.2% of assets |
Quarterly Financial Reports
MGM quarterly financials and insider trading
Industry Peers · Hotels & Motels
Mgm Resorts International (MGM) industry peers
Companies classified under the same SEC industry code as Mgm Resorts International (Hotels & Motels): 26 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| MGM Mgm Resorts International | ▲ | $7.20B |
| MAR Marriott International Inc /Md/ | ▼ | $101.19B |
| HLT Hilton Worldwide Holdings Inc. | ▼ | $77.67B |
| IHG Intercontinental Hotels Group Plc /New/ | ▼ | $27.63B |
| LVS Las Vegas Sands Corp | ▲ | $24.62B |
| H Hyatt Hotels Corp | ▼ | $15.94B |
| HTHT H World Group Ltd | ▶ | $14.28B |
| WYNN Wynn Resorts Ltd | ▶ | $7.93B |
| CZR Caesars Entertainment, Inc. | ▼ | $5.87B |
| WH Wyndham Hotels & Resorts, Inc. | ▼ | $5.59B |
| RRR Red Rock Resorts, Inc. | ▼ | $5.18B |
| BYD Boyd Gaming Corp | ▼ | $5.09B |
| CHH Choice Hotels International Inc /De | ▼ | $4.88B |
| ATAT Atour Lifestyle Holdings Ltd | ▼ | $4.59B |
| TNL Travel & Leisure Co. | ▼ | $4.00B |
| PK Park Hotels & Resorts Inc. | ▲ | $3.20B |
| SHO Sunstone Hotel Investors, Inc. | ▶ | $2.21B |
| MCRI Monarch Casino & Resort Inc | ▼ | $2.08B |
| PENN Penn Entertainment, Inc. | ▶ | $2.00B |
| XHR Xenia Hotels & Resorts, Inc. | ▼ | $1.72B |
| MLCO Melco Resorts & Entertainment Ltd | ▶ | $1.60B |
| BALY Bally's Corp | ▲ | $677M |
| MSC Studio City International Holdings Ltd | ▲ | $192M |
| FLL Full House Resorts Inc | ▲ | $40M |
| CNTY Century Casinos Inc /Co/ | ▲ | $22M |
| HIGR Hi-Great Group Holding Co | ▶ | $1M |
Where MGM sits on the market map
Real Estate & Construction · Hotels & Motels
News
Mgm Resorts International (MGM) stock news
MGM Resorts International stock underperforms Thursday when compared to competitors despite daily gains
MGM Resorts International closed 42.86% short of its 52-week high of $51.59, which the company reached on June 1st.
MGM Resorts International (MGM) Stock Dropped, So What Is Driving Attention Now?
People Incorporated’s cancelled plan to acquire a 73.9% stake in MGM Resorts International (MGM) for US$9.3b in cash has left investors reassessing the stock’s standalone outlook. The cancellation hit ...
FAQ
Mgm Resorts International (MGM) stock forecast FAQ
What is the Mgm Resorts International (MGM) stock forecast?
Our AI ranks Mgm Resorts International outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Mgm Resorts International stock predictions?
For MGM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 38.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 37.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Mgm Resorts International forecasts updated?
Mgm Resorts International forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Mgm Resorts International's industry peers?
26 issuers in our coverage, MGM included, share the SEC industry code Hotels & Motels. The largest are: Marriott International Inc /Md/ (MAR), Hilton Worldwide Holdings Inc. (HLT), Intercontinental Hotels Group Plc /New/ (IHG), Las Vegas Sands Corp (LVS), Hyatt Hotels Corp (H), H World Group Ltd (HTHT).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.