NYSE · MGMConsumer DiscretionaryHotels & Lodging

MGM RESORTS INTERNATIONAL (MGM)

$32.54−0.85%
Close Nov 5, 2026 · split-adjusted
Nov 4, 2026$32.82▲ 2.98% in range
Earnings Oct 28, 2026Earnings Jul 29, 2026Earnings Apr 29, 2026Earnings Feb 5, 2026
Nov 4, 2025Low $27.27 · High $50.69Nov 4, 2026
What changed · written from our data
As of Nov 5, 2026

MGM RESORTS INTERNATIONAL closed at $32.54 on Nov 5, down 0.85%, 35.8% below its 52-week closing high. Volume of 5.9M shares was 0.98× its 20-day average (close to normal).

Split-adjusted performance: +8.5% over one month, -14.6% over six months, +2.1% over one year.

In the quarter ended Sep 30, 2026, revenue was $4.21B, down 0.9% from a year earlier, with a net margin of -0.4%.

Short interest was 22.9M shares at the Oct 15 settlement, up 20.3% from the prior report (12.9% of float, 4.8 days to cover).

After its Oct 28 report (EPS missed estimates by 405.6%), the stock moved +3.0% from the close before to the close after.

Market cap$8.23B253.0M shares
Revenue · quarter$4.21B−0.9% YoY
Diluted EPS$-0.07—
P/E · TTM12.0×P/S 0.5×
Net margin-0.4%Gross 41.2%
Dividend yieldNone$0.0025 last paid
52-week range27.27 – 50.69−35.8% from high
Volume5.9M0.98× 20-day avg
Volatility · 60d38.2%Annualised
Short % of float12.9%4.8 days to cover
Net cash-$3.37BCash $2.40B
Next earnings—Not scheduled
Split-adjusted performance
1W +12.9%1M +8.5%3M −26.8%6M −14.6%YTD −10.8%1Y +2.1%3Y −6.8%5Y −30.7%

Earnings reactions

History →
Oct 28+3.0%
Jul 29−1.2%
Apr 29−2.0%
Feb 5+1.5%

Close before the report to close after it.

Rank within Hotels & Lodging

Percentile among 23 companies (100 = best)

6-month momentum23
Revenue growth14
Net margin32
Value (low P/E)86
Size82

Industry medians: 6-month return −3.3%, revenue growth +5.5%, net margin 6.9%, P/E 24.3×.

Short interest

Details →
Shares short22.9M+20.3% vs prior
Days to cover4.8Settled Oct 15
% of float12.9%
Short vol. 10d53.2%of daily volume

Closest peers by size in Hotels & Lodging

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
MGMMGM RESORTS INTERNATIONAL$32.54−0.85%−14.6%−0.9%−0.4%12.0$8.23B
WYNNWynn Resorts$79.32−3.71%−25.8%+6.9%7.5%18.2$8.17BCompare
CZRCaesars Entertainment$29.18−0.61%+5.0%+2.5%−4.2%—$5.95BCompare
WHWyndham Hotels & Resorts$77.83−3.32%−7.2%+7.3%24.1%28.6$5.78BCompare
BYDBoyd Gaming$77.07−0.81%−9.6%−1.4%12.6%10.8$5.45BCompare
CHHChoice Hotels Intnl.$117.84−2.07%+10.6%+2.5%12.6%25.7$5.24BCompare
TNLTravel + Leisure$75.05−3.31%+13.9%+5.5%9.8%19.2$4.52BCompare
HHyatt Hotels$183.78−3.37%+7.8%−2.4%3.3%92.3$17.16BCompare
HGVHilton Grand Vacations$43.60−0.37%−10.3%+50.8%14.8%7.9$3.31BCompare

Quick answers

What does MGM RESORTS INTERNATIONAL do?
MGM Resorts is the largest resort company on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one-fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio.
What is MGM's market cap?
$8.23B, based on the Nov 5 close of $32.54.
What is MGM's P/E ratio?
12.0× trailing-twelve-month earnings of $686.48M.
Does MGM RESORTS INTERNATIONAL pay a dividend?
No regular cash dividend has been paid in the last year.
How much of MGM is sold short?
22.9M shares, 12.9% of float, as of Oct 15, 2026.
What sector is MGM in?
Consumer Discretionary, in the Hotels & Lodging industry.

About MGM RESORTS INTERNATIONAL

MGM Resorts is the largest resort company on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one-fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 56% of total EBITDAR in 2025. MGM also owns US regional assets, which represented a low 20s share of 2025 EBITDAR (MGM's Macao EBITDAR was 23% of the total in 2025). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos, with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.

HQ: Las Vegas, NV62,000 employeesListed Nov 12, 1997mgmresorts.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology