MGM Resorts International (MGM) Projected to Announce Quarterly Earnings on Wednesday

MGM Resorts International (NYSE:MGM) will likely be releasing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to post earnings of $0.5620 per share and revenue of $4.4208 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

MGM Resorts International (NYSE:MGM) last announced its earnings results on Wednesday, April 29th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.07). MGM Resorts International had a return on equity of 24.43% and a net margin of 1.03%.The business had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the previous year, the company posted $0.69 EPS. MGM Resorts International’s revenue for the quarter was up 4.2% on a year-over-year basis. On average, analysts expect MGM Resorts International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

MGM Resorts International Stock Performance

MGM Resorts International stock opened at $45.61 on Monday. The stock has a 50-day simple moving average of $45.61 and a 200 day simple moving average of $39.64. The stock has a market capitalization of $11.67 billion, a price-to-earnings ratio of 63.35 and a beta of 1.29. The company has a quick ratio of 1.30, a current ratio of 1.33 and a debt-to-equity ratio of 1.93. MGM Resorts International has a 12-month low of $29.18 and a 12-month high of $51.59.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. KeyCorp raised shares of MGM Resorts International from a “sector weight” rating to an “overweight” rating and set a $117.00 price target on the stock in a research note on Monday, April 27th. Morgan Stanley restated an “underweight” rating on shares of MGM Resorts International in a research report on Wednesday. Weiss Ratings raised MGM Resorts International from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 15th. Stifel Nicolaus reiterated a “hold” rating and issued a $49.00 price objective (up from $48.00) on shares of MGM Resorts International in a research report on Monday, June 15th. Finally, Capital One Financial lifted their target price on MGM Resorts International from $46.00 to $51.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $52.31.

Insiders Place Their Bets

In related news, Director Daniel J. Taylor sold 6,675 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $38.44, for a total value of $256,587.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 3.38% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Corient Private Wealth LLC grew its position in shares of MGM Resorts International by 235.1% during the 4th quarter. Corient Private Wealth LLC now owns 932,610 shares of the company’s stock worth $34,031,000 after buying an additional 654,328 shares during the period. Beacon Pointe Advisors LLC boosted its position in shares of MGM Resorts International by 3.1% during the fourth quarter. Beacon Pointe Advisors LLC now owns 16,645 shares of the company’s stock worth $607,000 after purchasing an additional 496 shares in the last quarter. State of Tennessee Department of Treasury boosted its position in shares of MGM Resorts International by 114.8% during the fourth quarter. State of Tennessee Department of Treasury now owns 54,600 shares of the company’s stock worth $1,831,000 after purchasing an additional 29,182 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of MGM Resorts International by 207.5% in the 4th quarter. NewEdge Advisors LLC now owns 11,367 shares of the company’s stock valued at $415,000 after buying an additional 7,671 shares during the period. Finally, Empowered Funds LLC grew its holdings in shares of MGM Resorts International by 88.5% in the 4th quarter. Empowered Funds LLC now owns 15,114 shares of the company’s stock valued at $552,000 after buying an additional 7,096 shares during the period. Institutional investors and hedge funds own 68.11% of the company’s stock.

MGM Resorts International Company Profile

MGM Resorts International is a leading global hospitality and entertainment company that develops, owns and operates destination resorts, hotels and casinos. Its properties feature integrated gaming floors alongside luxury accommodations, fine dining and retail outlets, live entertainment venues and convention facilities. The company also offers loyalty programs, sports betting and digital gaming experiences to enhance guest engagement and drive repeat visitation.

The company traces its heritage to the opening of the original MGM Grand Hotel & Casino on the Las Vegas Strip in 1973.