US · Consumer Cyclical · Resorts & Casinos
EPS came in at -0.11 against a street estimate of 0.15 — a miss of 173.3%.
Analysts rate MGM Resorts International a buy (11 buy, 10 hold, 2 sell out of 23) with an average price target of $38.63.
MIXED MGM reported resilient gaming, record MGM China revenue and sharply improved BetMGM profitability, but Las Vegas leisure demand and room rates faced significant travel-cost pressure. Q3 FY26 Las Vegas faced elevated travel costs and weaker leisure pricing, while Macau and digital operations showed stronger momentum. Analysts focused on Las Vegas leisure weakness, capital allocation, competition, margins and Macau trends. Management emphasized October improvement, disciplined investment, cost control and resilient premium demand. 2026-10-28…
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| Fund | Stake |
|---|---|
| Davis Selected Advisers | 9.45% |
| BlackRock Inc | 5.00% |
| Vanguard Capital Management, LLC | 4.80% |
| Starlite Capital Inc. | 3.69% |
| Vanguard Portfolio Management, LLC | 3.27% |
| State Street Corp | 2.79% |
| Amvescap Plc. | 2.12% |
| Corvex Management LP | 2.11% |
| Document | Date |
|---|---|
| Quarterly report · Q3 2026 HEADLINE NUMBERS • Third-quarter 2026 revenue was $4,211,891,000, down from $4,250,464,000 in the third quarter of 2025. • Third-quarter operating i | 2026-10-28 |
| Results announced · Q4 2026 HEADLINE NUMBERS • Third-quarter 2026 revenue was $4.2 billion, down 1% from the prior-year quarter. • Net loss attributable to MGM Resorts was $17 | 2026-10-28 |
| Material agreement · Q4 2026 HEADLINE NUMBERS • MGM Resorts International amended its voting agreement with People Incorporated (formerly IAC Inc.) and Barry Diller on October 27 | 2026-10-28 |
| Quarterly report · Q2 2026 MGM RESORTS INTERNATIONAL – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total revenues (six months): $8,905,711 thousand ($8.91 billion), up from $8,681 | 2026-07-29 |
| Results announced · Q3 2026 MGM RESORTS INTERNATIONAL Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Consolidated Revenue: $4.5 billion, up 1% year-over-year (record for Q2) • Net | 2026-07-29 |
| Material agreement · Q2 2026 MGM RESORTS INTERNATIONAL - 8-K SUMMARY (May 13, 2026) HEADLINE NUMBERS • MGM China Holdings Limited (MGM subsidiary) issued $750 million in aggrega | 2026-05-14 |
| Shareholder vote results · Q2 2026 MGM RESORTS INTERNATIONAL - FORM 8-K SUMMARY HEADLINE NUMBERS • Annual stockholder meeting held May 6, 2026 • Total votes cast (excluding broker non | 2026-05-08 |
| Quarterly report · Q1 2026 MGM RESORTS INTERNATIONAL – Q1 2026 SUMMARY HEADLINE NUMBERS • Total Revenue (Q1 2026): $4,454.7 million vs. $4,277.1 million (Q1 2025) – up 4.1% • | 2026-04-29 |
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Open in the appGoogle PlayApp StoreData updated 2026-11-07.