MGM Resorts (MGM) Stock Forecast for 2024–2028. Sell or Buy Prediction







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MGM Resorts (MGM) Stock Forecast for 2024–2028. Sell or Buy?

Updated: April 25, 2024 (11:02)

Sector: Consumer cyclical

The share price of MGM Resorts International (MGM) now

Latest session on the 24th of April for
MGM Resorts International is negative
Trading Volume: 2617104
Open: 43.07 /  High: 43.28 /  Low: 42.13
What analysts predict: $55.33
52-week High/Low: $51.35 / $34.12

50/200 Day Moving Average: $44.02 / $42.53

This figure corresponds to the Average Price over the previous 50/200 days. For MGM Resorts stocks, the 50-day moving average is the resistance level today.

For MGM Resorts stocks, the 200-day moving average is the support 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

Date Target Pes. Opt. Vol., %
Apr 27 43.48 43.20 44.18 2.26
Apr 28 44.13 43.59 44.87 2.95
Apr 29 43.86 43.23 44.46 2.83
Apr 30 42.86 42.59 43.80 2.84
May 01 42.30 42.04 42.98 2.23
May 02 41.75 41.06 42.44 3.36
May 03 41.39 40.68 41.86 2.90
May 04 41.84 41.27 42.20 2.25
May 05 41.56 40.76 42.26 3.67
May 06 41.17 40.65 41.45 1.94
May 07 41.70 41.08 42.49 3.44
May 08 41.75 40.85 42.16 3.19
May 09 41.35 40.98 41.76 1.91
May 10 42.58 42.21 43.36 2.72
May 11 42.19 41.41 43.07 4.00
May 12 43.06 42.04 43.73 4.03
May 13 42.43 41.78 43.14 3.26
May 14 42.66 41.76 43.08 3.16
May 15 43.05 42.48 43.83 3.16
May 16 43.17 42.33 43.91 3.73
May 17 43.22 42.88 43.62 1.72
May 18 42.75 42.06 43.57 3.60
May 19 42.91 42.04 43.80 4.16
May 20 43.34 42.42 44.39 4.63
May 21 43.18 42.42 43.58 2.72
May 22 43.03 42.65 43.72 2.51
May 23 43.12 42.43 43.51 2.56
May 24 43.01 42.52 43.92 3.31
May 25 42.90 41.98 43.68 4.05
May 26 42.74 42.12 43.69 3.71

MGM Resorts Daily Price Targets


MGM Resorts Stock Forecast 04-27-2024.

Forecast target price for 04-27-2024: $43.48.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 2.214%.
Pessimistic target level: 43.20
Optimistic target level: 44.18

MGM Resorts Stock Forecast 04-28-2024.

Forecast target price for 04-28-2024: $44.13.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 2.862%.
Pessimistic target level: 43.59
Optimistic target level: 44.87

MGM Resorts Stock Forecast 04-29-2024.

Forecast target price for 04-29-2024: $43.86.
Negative dynamics for MGM Resorts shares will prevail with possible volatility of 2.753%.
Pessimistic target level: 43.23
Optimistic target level: 44.46

MGM Resorts Stock Forecast 04-30-2024.

Forecast target price for 04-30-2024: $42.86.
Negative dynamics for MGM Resorts shares will prevail with possible volatility of 2.760%.
Pessimistic target level: 42.59
Optimistic target level: 43.80

MGM Resorts Stock Forecast 05-01-2024.

Forecast target price for 05-01-2024: $42.30.
Negative dynamics for MGM Resorts shares will prevail with possible volatility of 2.185%.
Pessimistic target level: 42.04
Optimistic target level: 42.98

MGM Resorts Stock Forecast 05-02-2024.

Forecast target price for 05-02-2024: $41.75.
Negative dynamics for MGM Resorts shares will prevail with possible volatility of 3.246%.
Pessimistic target level: 41.06
Optimistic target level: 42.44

MGM (MGM) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 42.21 39.93 45.46 12.16
Jun. 43.31 42.40 44.52 4.77
Jul. 42.57 41.08 45.89 10.48
Aug. 41.93 39.08 44.57 12.32
Sep. 43.57 40.08 45.13 11.20
Oct. 44.87 42.76 46.44 7.92
Nov. 48.69 47.28 49.95 5.36
Dec. 50.10 48.80 51.40 5.07

MGM Resorts forecast for this year


MGM Resorts Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $42.2082. Pessimistic: $39.93. Optimistic: $45.46


MGM Resorts Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $43.3056. Pessimistic: $42.40. Optimistic: $44.52


MGM Resorts Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $42.5694. Pessimistic: $41.08. Optimistic: $45.89


MGM Resorts Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $41.9308. Pessimistic: $39.08. Optimistic: $44.57


MGM Resorts Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $43.5661. Pessimistic: $40.08. Optimistic: $45.13


MGM Resorts Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $44.8731. Pessimistic: $42.76. Optimistic: $46.44


MGM Resorts Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $48.6873. Pessimistic: $47.28. Optimistic: $49.95


MGM Resorts Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $50.0993. Pessimistic: $48.80. Optimistic: $51.40



MGM Resorts (MGM) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 50.50 48.88 51.71 5.47
Feb 51.61 48.72 54.45 10.52
Mar 46.50 44.46 48.78 8.87
Apr 45.99 44.89 47.14 4.78
May 50.08 48.73 51.84 5.99
Jun 49.83 47.09 50.88 7.44
Jul 51.78 49.81 55.66 10.51
Aug 51.05 49.11 54.42 9.76
Sep 50.44 46.91 53.21 11.85
Oct 50.79 48.66 52.47 7.26
Nov 52.16 49.97 53.62 6.81
Dec 51.69 48.70 55.78 12.70

MGM Resorts (MGM) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 49.06 46.51 51.02 8.85
Feb 50.33 46.36 51.99 10.84
Mar 50.89 47.48 54.40 12.72
Apr 52.82 49.81 55.99 11.04
May 56.68 52.65 58.89 10.59
Jun 56.39 52.67 60.45 12.87
Jul 58.59 55.02 60.53 9.10
Aug 53.14 49.05 54.52 10.04
Sep 52.13 50.99 55.16 7.56
Oct 52.03 50.57 53.54 5.54
Nov 54.47 52.73 56.00 5.84
Dec 52.02 49.84 53.64 7.08

MGM Resorts (MGM) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 52.13 51.08 55.98 8.75
Feb 54.00 52.11 56.65 8.01
Mar 53.73 51.48 58.03 11.30
Apr 56.26 51.98 60.14 13.56
May 54.57 50.92 58.72 13.29
Jun 52.50 48.40 54.76 11.60
Jul 54.55 51.27 56.56 9.35
Aug 52.20 49.12 55.33 11.23
Sep 48.23 44.66 50.79 12.06
Oct 49.63 47.99 51.32 6.48
Nov 51.47 49.00 55.53 11.77
Dec 54.56 50.63 57.34 11.70

MGM Resorts (MGM) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 52.21 50.49 54.77 7.82
Feb 57.38 54.11 60.94 11.21
Mar 61.62 59.34 64.83 8.46
Apr 61.69 60.27 63.54 5.15
May 64.52 61.49 66.14 7.02
Jun 68.07 65.08 70.86 8.17
Jul 67.87 66.17 71.40 7.32
Aug 66.99 63.84 71.47 10.68
Sep 65.78 64.46 67.36 4.30
Oct 60.19 57.66 63.86 9.71
Nov 61.45 57.34 64.28 10.80
Dec 59.92 57.10 62.13 8.10

MGM Resorts information and performance

MGM Resorts Address

3600 LAS VEGAS BLVD S, LAS VEGAS, NV, US

Market Capitalization: 13 327 353 000 $

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: 2 397 216 000 $

EBITDA of MGM Resorts is earnings before interest, income tax and depreciation of assets.

PE Ratio: 13.18

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 15.74

Price/earnings to growth

DPS: None

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.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 3.19

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.342
Quarterly Revenue Growth YOY: 0.219
Trailing PE: 13.18

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 PE: 20.62

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.608

Enterprise Value (EV) /Revenue

EV To EBITDA: 15.34

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 317016000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

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 $None 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 Factor:

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.




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Disclaimer:

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.