Brokerage Overview of: MGM Resorts International (MGM)


They now have a $35.00 price target on the stock, up from their prior price target of $33.00. Utah Retirement System reported 0.06% in MGM Resorts International (NYSE:MGM).

Over the past 50 days, MGM Resorts International stock was -1.80% off of the high and 26.02% removed from the low. Finally, Highline Capital Management L.P. raised its position in shares of MGM Resorts International by 17.7% in the third quarter. Finally, Aegis restated a "buy" rating and set a $35.00 target price (up previously from $33.00) on shares of MGM Resorts International in a research note on Saturday, April 29th. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be. Argus Research upgraded the stock to "Buy" rating in Thursday, October 6 report.

Among 12 analysts covering Popular Inc (NASDAQ:BPOP), 6 have Buy rating, 2 Sell and 4 Hold. $369,247 worth of MGM Resorts International (NYSE:MGM) was sold by TAYLOR DANIEL J on Monday, May 1. The company's market cap is $18.11 Billion, and the average volume is 9.85 Million. Recently, the stock has been moved -56.56% from its 200-day simple moving average. -1.80% (High), 49.37%, (Low).

Jorge Garcia, the Senior VP & Comptroller of Popular Inc, sold 4,000 shares of the company, with a market value $152,600 Dollars, calculated based on $38.2 a share.

Before that, quarter ending December 2016, MGM Resorts International also surprised analysts by beating the consensus estimate.

The stock decreased 3.26% or $1.05 during the last trading session, reaching $31.15. Investors bought 575 put options on the company.

MGM Resorts International (NYSE:MGM) last announced its quarterly earnings results on Thursday, April 27th. The company beat the analyst EPS Estimate with the difference of $0.09.

The stock of MGM Resorts International (NYSE:MGM) is a huge mover today! The average analysts gave this company a mean recommendation of 2.00. BlackRock Fund Advisors now owns 4,810,848 shares of the company's stock valued at $125,226,000 after buying an additional 210,880 shares during the last quarter. MGM's profit will be $144.53M for 30.03 P/E if the $0.26 EPS becomes a reality. Equities analysts expect that MGM Resorts International will post $1.27 EPS for the current year. The company presently has an average rating of Buy and a consensus price target of $33.87. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & worldwide copyright and trademark legislation. The legal version of this report can be viewed at

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. The ex-dividend date of this dividend is Wednesday, June 7th. Stock has got OUTPERFORM rating from 1 analyst of Thomson Reuters, no analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating. About 7.44M shares traded.

In order to tell which way a stock is trending, the stock's share price should be compared to its moving average. Shares for $2.79M were sold by BALDWIN ROBERT on Tuesday, February 28. It improved, as 31 investors sold MGM shares while 121 reduced holdings. The disclosure for this purchase can be found here. Following the sale, the insider now owns 185,558 shares of the company's stock, valued at $5,754,153.58. Hedge funds and other institutional investors own 71.92% of the company's stock. Investors measure stock performance on the basis of a company's earnings power. Ameriprise Financial Inc. increased its stake in MGM Resorts International by 31.6% in the third quarter. Skandinaviska Enskilda Banken AB publ increased its stake in shares of MGM Resorts International by 19.5% in the third quarter. Ltd. now owns 59,420 shares of the company's stock worth $1,547,000 after buying an additional 1,400 shares during the period. British Columbia Investment Management Corp boosted its position in MGM Resorts International by 185.1% in the first quarter. HighTower Advisors LLC now owns 39,944 shares of the company's stock valued at $1,040,000 after buying an additional 520 shares during the last quarter. Janus Capital Ltd Limited Liability Company has 723,734 shares.

04/07/2017 - MGM Resorts International had its "buy" rating reiterated by analysts at UBS. Ameriprise Financial Inc. now owns 275,687 shares of the company's stock worth $7,177,000 after buying an additional 66,209 shares during the period. The stock of MGM Resorts International (NYSE:MGM) has "Outperform" rating given on Tuesday, November 8 by Telsey Advisory Group. The Company, through its subsidiaries, owns and operates casino resorts. Its domestic resorts segment consists of non-gaming operations, including hotel, food and beverage, entertainment and other non-gaming amenities.