MGM RESORTS INTERNATIONAL
Symbol: MGM (NYSE)
Company Description:
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 59% of total EBITDAR in 2024. MGM also owns US regional assets, which represented a low 20s share of 2024 EBITDAR (MGM's Macao EBITDAR was 21% of the total in 2024). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
- Today's Open: $32.81
- Today's High: $33.039
- Today's Low: $32.45
- Today's Volume: 2.38M
- Yesterday Close: $32.9
- Yesterday High: $32.985
- Yesterday Low: $31.76
- Yesterday Volume: 3.98M
- Last Min Volume: 13.78K
- Last Min High: $32.791
- Last Min Low: $32.763
- Last Min VWAP: $32.77813
- Name: MGM RESORTS INTERNATIONAL
- Website: https://www.mgmresorts.com
- Listed Date: 1997-11-12
- Location: LAS VEGAS, NV
- Market Status: Active
- CIK Number: 0000789570
- SIC Code: 7011
- SIC description: HOTELS & MOTELS
- Market Cap: $8.96B
- Round Lot: 100
- Outstanding Shares: 272.19M
- Asset Type: CS
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