Truist Financial Boosts MGM Resorts International (NYSE:MGM) Price Target to $39.00

MGM Resorts International (NYSE:MGM) had its price objective upped by investment analysts at Truist Financial from $38.00 to $39.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial’s price target points to a potential upside of 4.03% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the stock. Susquehanna dropped their price target on shares of MGM Resorts International from $52.00 to $46.00 and set a “positive” rating for the company in a research report on Tuesday, January 27th. Zacks Research raised shares of MGM Resorts International from a “strong sell” rating to a “hold” rating in a research note on Monday, December 22nd. The Goldman Sachs Group reiterated a “sell” rating and set a $33.00 target price on shares of MGM Resorts International in a report on Monday, December 15th. Capital One Financial cut their target price on MGM Resorts International from $47.00 to $46.00 and set an “overweight” rating on the stock in a research note on Friday, December 5th. Finally, Citigroup lowered their price target on MGM Resorts International from $51.00 to $47.50 and set a “buy” rating for the company in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, MGM Resorts International has an average rating of “Hold” and an average target price of $43.82.

MGM Resorts International Price Performance

Shares of MGM Resorts International stock opened at $37.49 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.23 and a quick ratio of 1.19. MGM Resorts International has a one year low of $25.30 and a one year high of $41.32. The business’s 50 day simple moving average is $35.62 and its two-hundred day simple moving average is $35.01. The stock has a market capitalization of $10.25 billion, a P/E ratio of 49.99 and a beta of 1.44.

MGM Resorts International (NYSE:MGM) last released its quarterly earnings data on Thursday, February 5th. The company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.96. MGM Resorts International had a return on equity of 25.46% and a net margin of 1.17%.The firm had revenue of $4.61 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the prior year, the firm posted $0.45 earnings per share. Analysts forecast that MGM Resorts International will post 2.21 EPS for the current year.

Insiders Place Their Bets

In other news, major shareholder Iac Inc. acquired 1,098,748 shares of the business’s stock in a transaction on Friday, December 5th. The shares were acquired at an average cost of $36.30 per share, with a total value of $39,884,552.40. Following the transaction, the insider owned 65,822,350 shares in the company, valued at $2,389,351,305. The trade was a 1.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 3.06% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in MGM Resorts International by 5.1% in 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 during the period. NewEdge Advisors LLC lifted its position in MGM Resorts International by 12.1% during the first quarter. NewEdge Advisors LLC now owns 3,893 shares of the company’s stock valued at $115,000 after buying an additional 421 shares during the period. Woodline Partners LP boosted its holdings in shares of MGM Resorts International by 39.1% during the 1st quarter. Woodline Partners LP now owns 18,901 shares of the company’s stock valued at $560,000 after buying an additional 5,312 shares in the last quarter. Valeo Financial Advisors LLC purchased a new stake in shares of MGM Resorts International in the 2nd quarter worth about $236,000. Finally, Callan Family Office LLC purchased a new stake in shares of MGM Resorts International in the 2nd quarter worth about $545,000. Hedge funds and other institutional investors own 68.11% of the company’s stock.

More MGM Resorts International News

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

• Positive Sentiment: Q4 earnings and revenue topped estimates, driven by strong Macau performance, digital growth and regional casinos; EPS $1.60 vs. consensus ~ $0.63, and consolidated revenue/EBITDA gains. MGM Resorts Q4 Earnings & Revenues Top Estimates, Rise Y/Y
• Positive Sentiment: MGM highlighted full-year and Q4 cash returns from BetMGM (distributed $135M in 4Q25) and sizable share repurchases (15M in 4Q, 37.5M in 2025), which support future EPS and free cash flow per share. MGM Resorts International Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: MGM China reported record 4Q adjusted EBITDA and all-time highs in revenue/market share for 2025, reinforcing Macau as a growth engine for the group. MGM China Reports 2025 Annual Results
• Positive Sentiment: Company reported $17.5B revenue for 2025, signaling underlying scale and recovery outside Las Vegas. MGM Resorts revenue hits $17.5 billion in 2025
• Positive Sentiment: Truist raised its price target from $38 to $39 (hold), reflecting modest analyst support after the quarter. MGM Resorts International Upgraded at Truist Financial
• Neutral Sentiment: Detailed investor materials (earnings presentation and full call transcript) are available for parsing guidance and segment-level metrics. MGM Resorts International Q4 2025 Earnings Call Transcript
• Neutral Sentiment: MGM moved its earnings release earlier (timing change only). MGM Resorts International Updates Earnings Release Date
• Negative Sentiment: Las Vegas/Strip results were weaker in 2025 and the Strip was down in Q4, creating near-term headwinds for MGM’s largest market. MGM Resorts down in Las Vegas in Q4, though CEO remains optimistic
• Negative Sentiment: Analysts flagged questions about costs in Macau despite record EBITDA at MGM China, which could pressure margins if costs persist. MGM China had ‘record’ 4Q EBITDA but ‘questions’ regarding costs: analysts
• Negative Sentiment: Management acknowledged weaker Strip demand in 2025 even as early indicators show improvement — a mixed recovery that could keep investors cautious on near-term Vegas cash flow. MGM sees improving demand indicators following weaker 2025 performance on the Strip

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.