MGM Resorts International (NYSE:MGM) Shares Gap Up Following Analyst Upgrade

MGM Resorts International (NYSE:MGM) shares gapped up before the market opened on Wednesday after Truist Financial upgraded the stock from a hold rating to a strong-buy rating. The stock had previously closed at $34.17, but opened at $38.19. MGM Resorts International shares last traded at $38.0920, with a volume of 1,767,435 shares traded.

Other analysts have also issued reports about the company. Argus dropped their target price on MGM Resorts International from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, November 14th. UBS Group dropped their price objective on shares of MGM Resorts International from $39.00 to $37.00 and set a “neutral” rating on the stock in a research note on Monday, November 17th. Mizuho set a $62.00 target price on shares of MGM Resorts International in a research note on Thursday, October 30th. Citigroup lowered their price target on shares of MGM Resorts International from $51.00 to $47.50 and set a “buy” rating on the stock in a report on Thursday, October 30th. Finally, Zacks Research raised shares of MGM Resorts International from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $43.85.

Insider Activity

In related news, major shareholder Iac Inc. bought 1,098,748 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were acquired at an average price of $36.30 per share, for a total transaction of $39,884,552.40. Following the completion of the transaction, the insider directly owned 65,822,350 shares in the company, valued at $2,389,351,305. This trade represents a 1.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.06% of the stock is currently owned by company insiders.

Trending Headlines about MGM Resorts International

Here are the key news stories impacting MGM Resorts International this week:

• Positive Sentiment: Q4 2025 earnings beat — MGM reported revenue of $4.61B and diluted EPS $1.11, well above consensus (EPS $0.63), with operating profit and net income rising materially year-over-year; this is the primary catalyst for the stock rally. MGM Resorts International (MGM) Releases Q4 2025 Earnings: Revenue Up, EPS More Than Doubles
• Positive Sentiment: BetMGM momentum and cash returns — BetMGM says FY‑2025 results showed EBITDA inflection and returned cash to parents; a related report notes a $270M cash return to Entain and MGM, which supports MGM’s cash flow outlook and shareholder value. BETMGM FY 2025 BUSINESS UPDATE Entain tops FTSE leaderboard as BetMGM starts paying dividends
• Positive Sentiment: Analyst upgrade — Truist upgraded MGM to a stronger rating (reported by Zacks), adding momentum to buying interest ahead of and after results. MGM Resorts upgraded to strong-buy (Zacks)
• Neutral Sentiment: Company moved earnings release earlier — MGM advanced its Q4/2025 release and scheduled the conference call for Feb. 5, accelerating information flow that may have concentrated trading today. MGM Resorts International Updates Earnings Release Date
• Neutral Sentiment: Mixed analyst/positioning backdrop — recent analyst price targets are clustered around the high‑$30s but include outliers; institutional flows and insider trades in recent quarters have been mixed, which could amplify volatility after earnings. MGM Resorts International (QuiverQuant summary)
• Negative Sentiment: Reputational/legal risk item — social‑media pressure related to a separate public controversy (calls to distance the company from a headline performer after an external file release) is a headline risk that could create headlines or scrutiny. Vegas Influencers Push MGM To Make Copperfield Disappear After Epstein File Dump

Institutional Investors Weigh In On MGM Resorts International

Large investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of MGM Resorts International by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,652 shares of the company’s stock worth $582,000 after purchasing an additional 951 shares in the last quarter. NewEdge Advisors LLC boosted its stake in MGM Resorts International by 12.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,893 shares of the company’s stock worth $115,000 after purchasing an additional 421 shares during the last quarter. Woodline Partners LP grew its holdings in shares of MGM Resorts International by 39.1% during the first quarter. Woodline Partners LP now owns 18,901 shares of the company’s stock worth $560,000 after buying an additional 5,312 shares in the last quarter. QRG Capital Management Inc. raised its position in shares of MGM Resorts International by 1.4% in the second quarter. QRG Capital Management Inc. now owns 75,346 shares of the company’s stock valued at $2,591,000 after buying an additional 1,016 shares during the last quarter. Finally, Valeo Financial Advisors LLC purchased a new position in shares of MGM Resorts International in the second quarter worth about $236,000. 68.11% of the stock is currently owned by hedge funds and other institutional investors.

MGM Resorts International Stock Up 8.1%

The stock has a market capitalization of $10.10 billion, a price-to-earnings ratio of 230.81 and a beta of 1.44. The business’s 50-day moving average is $35.55 and its two-hundred day moving average is $35.02. The company has a quick ratio of 1.19, a current ratio of 1.23 and a debt-to-equity ratio of 1.80.

MGM Resorts International (NYSE:MGM) last released its quarterly earnings data on Wednesday, February 11th. The company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.48. The company had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $4.42 billion. MGM Resorts International had a net margin of 0.40% and a return on equity of 17.23%. Equities analysts anticipate that MGM Resorts International will post 2.21 EPS for the current year.

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.