STOCK TITAN

Mgm Resorts Stock Price, News & Analysis

MGM NYSE

Company Description

Comprehensive Overview of MGM Resorts International

MGM Resorts International is a globally recognized gaming and entertainment company that sets the benchmark for integrated resort experiences. As an established operator of world-class hotels, casinos, and entertainment venues, the company is synonymous with luxury hospitality, innovative live shows, and premier gaming experiences. With a portfolio that includes iconic properties on the Las Vegas Strip and beyond, MGM Resorts is renowned for its quality entertainment, state-of-the-art facilities, and exceptional customer service.

Iconic Properties and Global Reach

At its core, MGM Resorts International operates a diverse collection of resorts that blend casino gaming, high-end accommodations, and live entertainment. Properties such as MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio showcase the company’s commitment to creating immersive guest experiences. These resorts feature extensive arrays of dining, nightlife, retail, and cultural attractions, positioning MGM as a cornerstone of the global hospitality industry. Beyond the iconic Las Vegas Strip, the company has ventured into regional U.S. markets and international destinations, ensuring a broad concentration of influential properties that create unparalleled entertainment and leisure experiences.

Diverse Business Segments and Revenue Channels

MGM Resorts generates revenue through a multifaceted business model that includes traditional casino gaming, hotel operations, and integrated resort experiences. The company’s business model is distinct for its balanced emphasis on high-quality customer service and sophisticated entertainment. Its operations leverage a combination of land-based resorts and digital platforms, such as the highly acclaimed BetMGM, to cater to a wide range of consumer preferences. By seamlessly integrating physical gaming venues with online sports betting and iGaming, MGM Resorts continues to capitalize on emerging market trends while retaining its strong heritage in traditional hospitality.

Industry Expertise, Strategic Partnerships, and Technological Integration

Central to MGM Resorts’ success is its deep industry expertise and its ability to innovate within a competitive landscape. The company’s strategic alliances, including partnerships with technology providers and media conglomerates, underscore its commitment to expanding its reach and enhancing its offerings. By embracing state-of-the-art technologies and integrating advanced digital solutions into its service model, MGM Resorts delivers consistently high-quality user experiences both in-house and through its dynamic online platforms.

Commitment to Excellence and Customer-Centric Innovation

The foundation of MGM Resorts’ market significance lies in its rigorous focus on customer experience and operational excellence. The company is dedicated to creating environments where guests can enjoy a complete blend of luxurious accommodations, premium dining options, and electrifying nightlife. Through meticulous attention to every detail—from grand architectural designs to thoughtfully curated entertainment programs—MGM Resorts ensures a consistently memorable experience that resonates with diverse audiences across the globe.

Positioning within the Competitive Landscape

MGM Resorts distinguishes itself not only by managing a significant share of the hotel and gaming market but also by continuously evolving its service model to meet the demands of a dynamic industry. Its commitment to excellence is evident in its diversified portfolio that spans traditional casino experiences and innovative digital gaming solutions. This clear differentiation, reinforced by its partnership with leading digital platforms and technology firms, allows MGM Resorts to maintain a robust competitive edge in a crowded marketplace.

Overall, MGM Resorts International encapsulates a unique blend of classic luxury, modern technology, and strategic innovation. Its comprehensive approach to creating immersive, iconic experiences makes it a fundamental reference point for investors and industry enthusiasts seeking detailed insight into the workings of one of the world’s most emblematic resort and entertainment operators.

Stock Performance

$31.59
+0.54%
+0.17
Last updated: April 25, 2025 at 04:13
-23.81 %
Performance 1 year
$8.1B
Market Cap
283.0M
Shares outstanding

SEC Filings

No SEC filings available for Mgm Resorts.

Financial Highlights

$17,240,545,000
Revenue (TTM)
$1,064,608,000
Net Income (TTM)
$2.40
Diluted EPS (TTM)
$2,362,495,000
Operating Cash Flow
6.18%
Net Profit Margin
8.65%
Oper. Profit Margin

Upcoming Events

Frequently Asked Questions

What is the current stock price of Mgm Resorts (MGM)?

The current stock price of Mgm Resorts (MGM) is $31.42 as of April 24, 2025.

What is the market cap of Mgm Resorts (MGM)?

The market cap of Mgm Resorts (MGM) is approximately 8.1B.

What is the revenue (TTM) of Mgm Resorts (MGM) stock?

The trailing twelve months (TTM) revenue of Mgm Resorts (MGM) is $17,240,545,000.

What is the net income of Mgm Resorts (MGM)?

The trailing twelve months (TTM) net income of Mgm Resorts (MGM) is $1,064,608,000.

What is the earnings per share (EPS) of Mgm Resorts (MGM)?

The diluted earnings per share (EPS) of Mgm Resorts (MGM) is $2.40 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Mgm Resorts (MGM)?

The operating cash flow of Mgm Resorts (MGM) is $2,362,495,000.

What is the profit margin of Mgm Resorts (MGM)?

The net profit margin of Mgm Resorts (MGM) is 6.18%.

What is the operating margin of Mgm Resorts (MGM)?

The operating profit margin of Mgm Resorts (MGM) is 8.65%.

What is the current ratio of Mgm Resorts (MGM)?

The current ratio of Mgm Resorts (MGM) is 1.30, indicating the company's ability to pay short-term obligations.

What is the operating income of Mgm Resorts (MGM)?

The operating income of Mgm Resorts (MGM) is $1,490,456,000.

What is MGM Resorts International known for?

MGM Resorts International is known for its world-class hotels, casinos, and entertainment venues, with a strong presence on the Las Vegas Strip and an expanding global footprint.

How does MGM Resorts generate its revenue?

The company generates revenue through a diversified business model that includes casino gaming, high-end hotel accommodations, integrated resort experiences, and digital gaming platforms like BetMGM.

What types of properties does MGM Resorts operate?

MGM Resorts operates a portfolio of iconic properties such as MGM Grand, Mandalay Bay, Bellagio, and more, which offer comprehensive entertainment, dining, and hospitality services.

How does MGM Resorts integrate technology into its offerings?

MGM Resorts leverages advanced digital platforms and partnerships with technology providers to enhance its physical and online gaming experiences, notably through its BetMGM platform for iGaming and sports betting.

What distinguishes MGM Resorts in the competitive hospitality sector?

MGM Resorts distinguishes itself through its blend of upscale luxury, integrated entertainment, extensive customer-centric innovations, and strategic global partnerships that keep it ahead in a competitive market.

What is the role of BetMGM within MGM Resorts?

BetMGM is a strategic venture that extends MGM Resorts' digital reach into sports betting and online gaming, combining cutting-edge technology with the company's renowned customer service and entertainment ethos.

How does MGM Resorts maintain its industry expertise?

The company continuously refines its offerings through technological integration, strategic partnerships, and a relentless focus on enhancing guest experiences, thereby maintaining its leadership and expertise in the gaming and hospitality sectors.