MGM Resorts (MGM) Stock Forecast for 2023 – 2026. Sell or Buy?
Updated: December 5, 2023 (23:02)Sector: Consumer cyclical
The share price of MGM Resorts International (MGM) now
50/200 Day Moving Average: $37.38 / $42.18
This figure corresponds to the Average Price over the previous 50/200 days. For MGM Resorts stocks, the 50-day moving average is the support level today.
For MGM Resorts stocks, the 200-day moving average is the resistance level today.
Are you interested in MGM Resorts International stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the MGM Resorts stock price in 2024, 2025, 2026, 2027, 2028. How much will one MGM Resorts share be worth in 2024 - 2028?
When should I take profit in MGM Resorts stock? When should I record a loss on MGM Resorts stock? What are analysts' forecasts for MGM Resorts stock? What is the future of MGM Resorts stock? We forecast MGM Resorts stock performance using neural networks based on historical data on MGM Resorts stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
MGM Resorts stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for MGM Resorts shares. This happens once a day.
Historical and forecast chart of MGM Resorts stock
The chart below shows the historical price of MGM Resorts stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the MGM Resorts stock price can be found in the table below.
Long-term forecasts by years.
MGM Resorts International is engaged in the gaming, hospitality and entertainment industries. The company owns real estate in the states of Nevada, Mississippi and Michigan, it has stakes in property in the states of Nevada, Illinois, as well as in Macau. MGM Resorts also offers hotel services for casinos and other establishments around the world.
MGM Resorts daily forecast for a month
MGM Resorts Daily Price Targets
MGM Resorts Stock Forecast 12-07-2023.
Forecast target price for 12-07-2023: $40.63.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 2.616%.
Pessimistic target level: 39.93
Optimistic target level: 41.01
MGM Resorts Stock Forecast 12-08-2023.
Forecast target price for 12-08-2023: $40.68.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 3.054%.
Pessimistic target level: 39.90
Optimistic target level: 41.15
MGM Resorts Stock Forecast 12-09-2023.
Forecast target price for 12-09-2023: $40.74.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 2.590%.
Pessimistic target level: 40.44
Optimistic target level: 41.52
MGM Resorts Stock Forecast 12-10-2023.
Forecast target price for 12-10-2023: $41.07.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 2.821%.
Pessimistic target level: 40.75
Optimistic target level: 41.93
MGM Resorts Stock Forecast 12-11-2023.
Forecast target price for 12-11-2023: $42.19.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 4.575%.
Pessimistic target level: 41.19
Optimistic target level: 43.16
MGM Resorts Stock Forecast 12-12-2023.
Forecast target price for 12-12-2023: $43.20.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 2.381%.
Pessimistic target level: 42.50
Optimistic target level: 43.54
MGM (MGM) Monthly Stock Prediction for 2024
MGM Resorts forecast for this year
MGM Resorts Stock Prediction for Jan 2024
An uptrend is forecast for this month with an optimal target price of $42.398. Pessimistic: $41.38. Optimistic: $44.69
MGM Resorts Stock Prediction for Feb 2024
An downtrend is forecast for this month with an optimal target price of $40.6597. Pessimistic: $39.40. Optimistic: $42.29
MGM Resorts Stock Prediction for Mar 2024
An uptrend is forecast for this month with an optimal target price of $42.0828. Pessimistic: $40.44. Optimistic: $44.06
MGM Resorts Stock Prediction for Apr 2024
An uptrend is forecast for this month with an optimal target price of $43.3453. Pessimistic: $41.22. Optimistic: $46.08
MGM Resorts Stock Prediction for May 2024
An downtrend is forecast for this month with an optimal target price of $42.0449. Pessimistic: $38.81. Optimistic: $43.18
MGM Resorts Stock Prediction for Jun 2024
An downtrend is forecast for this month with an optimal target price of $41.2881. Pessimistic: $39.39. Optimistic: $43.15
MGM Resorts Stock Prediction for Jul 2024
An downtrend is forecast for this month with an optimal target price of $41.2055. Pessimistic: $39.60. Optimistic: $44.38
MGM Resorts Stock Prediction for Aug 2024
An uptrend is forecast for this month with an optimal target price of $42.4005. Pessimistic: $39.05. Optimistic: $44.90
MGM Resorts Stock Prediction for Sep 2024
An uptrend is forecast for this month with an optimal target price of $44.1389. Pessimistic: $40.74. Optimistic: $47.54
MGM Resorts Stock Prediction for Oct 2024
An uptrend is forecast for this month with an optimal target price of $45.1099. Pessimistic: $41.64. Optimistic: $48.00
MGM Resorts Stock Prediction for Nov 2024
An downtrend is forecast for this month with an optimal target price of $41.5914. Pessimistic: $39.68. Optimistic: $44.71
MGM Resorts Stock Prediction for Dec 2024
An uptrend is forecast for this month with an optimal target price of $41.8825. Pessimistic: $38.99. Optimistic: $43.85
MGM Resorts (MGM) Monthly Stock Prediction for 2025
MGM Resorts (MGM) Monthly Stock Prediction for 2026
MGM Resorts (MGM) Monthly Stock Prediction for 2027
MGM Resorts (MGM) Monthly Stock Prediction for 2028
MGM Resorts information and performance
3600 LAS VEGAS BLVD S, LAS VEGAS, NV, US
Market capitalization of the MGM Resorts International is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MGM shares in the company outstanding by the market price of one share.
EBITDA of MGM Resorts is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
MGM Resorts (MGM) stock dividend
MGM Resorts last paid dividends on 12/08/2022. The next scheduled payment will be on 12/15/2022. The amount of dividends is $0.003 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
Related stocks from Consumer cyclical sector
All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.