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 18, 2024 (23:03)

Sector: Consumer cyclical

The share price of MGM Resorts International (MGM) now

Latest session on the 17th of April for
MGM Resorts International is negative
Trading Volume: 2523122
Open: 43.05 /  High: 43.05 /  Low: 42.02
What analysts predict: $55.18
52-week High/Low: $51.35 / $34.12

50/200 Day Moving Average: $44.22 / $42.55

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 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

Date Target Pes. Opt. Vol., %
Apr 20 42.94 42.41 43.20 1.85
Apr 21 42.54 42.27 43.51 2.93
Apr 22 42.93 42.42 43.94 3.58
Apr 23 43.26 42.23 43.67 3.41
Apr 24 43.78 43.25 44.14 2.06
Apr 25 43.71 42.94 44.58 3.82
Apr 26 44.22 43.43 45.16 4.00
Apr 27 43.73 42.86 44.24 3.21
Apr 28 44.64 44.33 45.59 2.84
Apr 29 43.40 42.90 44.03 2.64
Apr 30 43.03 42.37 43.52 2.71
May 01 42.70 41.96 43.18 2.90
May 02 42.97 42.71 43.60 2.08
May 03 42.53 41.59 43.11 3.65
May 04 43.58 43.15 44.42 2.94
May 05 43.25 42.75 43.95 2.82
May 06 44.14 43.41 45.12 3.93
May 07 43.57 43.14 43.87 1.70
May 08 42.67 41.82 43.14 3.15
May 09 41.55 41.19 41.83 1.54
May 10 41.50 41.23 42.36 2.75
May 11 40.80 40.39 41.38 2.46
May 12 40.39 40.13 41.22 2.72
May 13 40.17 39.90 40.83 2.33
May 14 40.37 39.44 40.69 3.16
May 15 40.88 40.41 41.39 2.43
May 16 40.66 40.15 41.48 3.31
May 17 40.00 39.72 40.81 2.75
May 18 40.60 39.67 41.27 4.05
May 19 39.63 38.99 40.31 3.38

MGM Resorts Daily Price Targets


MGM Resorts Stock Forecast 04-20-2024.

Forecast target price for 04-20-2024: $42.94.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 1.819%.
Pessimistic target level: 42.41
Optimistic target level: 43.20

MGM Resorts Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $42.54.
Negative dynamics for MGM Resorts shares will prevail with possible volatility of 2.845%.
Pessimistic target level: 42.27
Optimistic target level: 43.51

MGM Resorts Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $42.93.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 3.459%.
Pessimistic target level: 42.42
Optimistic target level: 43.94

MGM Resorts Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $43.26.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 3.298%.
Pessimistic target level: 42.23
Optimistic target level: 43.67

MGM Resorts Stock Forecast 04-24-2024.

Forecast target price for 04-24-2024: $43.78.
Positive dynamics for MGM Resorts shares will prevail with possible volatility of 2.023%.
Pessimistic target level: 43.25
Optimistic target level: 44.14

MGM Resorts Stock Forecast 04-25-2024.

Forecast target price for 04-25-2024: $43.71.
Negative dynamics for MGM Resorts shares will prevail with possible volatility of 3.677%.
Pessimistic target level: 42.94
Optimistic target level: 44.58

MGM (MGM) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 46.15 44.95 49.57 9.31
Jun. 50.21 48.30 53.38 9.50
Jul. 51.27 49.37 53.98 8.55
Aug. 49.32 47.25 50.45 6.35
Sep. 51.54 48.86 55.15 11.40
Oct. 56.12 54.95 60.05 8.50
Nov. 54.55 50.95 55.70 8.52
Dec. 55.26 51.12 57.31 10.80

MGM Resorts forecast for this year


MGM Resorts Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $46.151. Pessimistic: $44.95. Optimistic: $49.57


MGM Resorts Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $50.2123. Pessimistic: $48.30. Optimistic: $53.38


MGM Resorts Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $51.2668. Pessimistic: $49.37. Optimistic: $53.98


MGM Resorts Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $49.3187. Pessimistic: $47.25. Optimistic: $50.45


MGM Resorts Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $51.538. Pessimistic: $48.86. Optimistic: $55.15


MGM Resorts Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $56.1249. Pessimistic: $54.95. Optimistic: $60.05


MGM Resorts Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $54.5534. Pessimistic: $50.95. Optimistic: $55.70


MGM Resorts Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $55.2626. Pessimistic: $51.12. Optimistic: $57.31



MGM Resorts (MGM) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 53.49 50.87 57.77 11.94
Feb 49.27 47.40 50.75 6.60
Mar 51.63 48.02 53.90 10.92
Apr 51.17 48.41 54.55 11.26
May 53.52 51.97 57.27 9.25
Jun 55.93 52.57 57.22 8.11
Jul 54.25 51.11 55.66 8.19
Aug 57.07 52.85 58.90 10.27
Sep 60.78 57.93 64.80 10.60
Oct 60.54 56.00 65.20 14.11
Nov 58.60 56.14 60.42 7.08
Dec 53.39 50.02 56.48 11.44

MGM Resorts (MGM) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 48.53 45.23 51.20 11.66
Feb 48.53 45.33 50.66 10.54
Mar 48.77 44.87 50.92 11.88
Apr 47.99 44.63 49.24 9.36
May 47.70 45.03 49.56 9.14
Jun 48.47 46.38 51.86 10.56
Jul 52.73 51.68 55.10 6.22
Aug 51.41 49.72 54.45 8.69
Sep 47.97 45.62 50.08 8.91
Oct 49.17 45.28 50.74 10.76
Nov 46.17 43.49 47.23 7.92
Dec 47.55 46.27 49.84 7.16

MGM Resorts (MGM) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 49.69 47.26 52.08 9.26
Feb 53.02 50.37 54.99 8.39
Mar 57.64 54.12 60.17 10.06
Apr 62.94 58.60 65.71 10.82
May 66.72 63.98 70.92 9.78
Jun 63.91 58.99 67.68 12.84
Jul 65.38 63.75 69.37 8.11
Aug 67.02 64.27 71.37 9.95
Sep 62.80 59.97 66.25 9.48
Oct 65.62 63.52 70.74 10.20
Nov 68.31 66.26 71.39 7.18
Dec 70.43 68.04 75.36 9.72

MGM Resorts (MGM) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 67.47 66.05 71.18 7.20
Feb 66.05 64.54 70.88 8.95
Mar 67.77 64.65 72.18 10.42
Apr 69.20 64.14 72.31 11.29
May 72.31 70.43 74.55 5.53
Jun 78.17 75.66 81.92 7.63
Jul 80.67 74.46 86.39 13.82
Aug 84.14 79.26 87.67 9.60
Sep 84.30 81.35 87.00 6.49
Oct 84.64 81.09 90.57 10.47
Nov 86.50 80.02 91.17 12.24
Dec 84.95 80.44 88.51 9.12

MGM Resorts information and performance

MGM Resorts Address

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

Market Capitalization: 14 176 956 000 $

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: 14.02

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

PEG Ratio: 16.57

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: 14.02

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: 21.69

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

EV To Revenue: 2.652

Enterprise Value (EV) /Revenue

EV To EBITDA: 15.6

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.