Wells Fargo has initiated coverage on MGM Resorts International (MGM) with an Underweight rating. This marks the firm's first assessment of the company's investment potential.
MGM Resorts, a holding company based in Las Vegas, operates casino resorts and employs approximately 45,000 people. The company’s segments include Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. Notable properties include the Bellagio, MGM Grand Las Vegas, and Borgata in Atlantic City.
As of November 17, 2025, MGM's shares are priced at $31.41, with a market capitalization of $8.6 billion. The company has a P/E ratio of 123.21 and an earnings per share (EPS) of 0.17. The dividend yield stands at 2.5%.
Upcoming earnings reports are scheduled for July 27, 2026, with an estimated EPS of $0.70 and revenue of $4.5 billion, and April 27, 2026, with an estimated EPS of $0.74 and revenue of $4.4 billion.
Analyst ratings serve as professional opinions based on research and financial models. While valuable, they should be considered alongside other factors such as company fundamentals and market trends. Analyst ratings can also change as new information becomes available.
This update provides insight into the evolving perceptions of MGM Resorts within the financial community.