MGM Resorts International (MGM)
MGM Resorts is a global hospitality giant that operates iconic hotels, casinos, and entertainment venues, most notably along the Las Vegas Strip.
Is MGM Resorts International a good stock for a UK beginner?
The honest version: MGM Resorts is a global hospitality giant that operates iconic hotels, casinos, and entertainment venues, most notably along the Las Vegas Strip.
Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Global expansion and a sustained boom in luxury travel.
A long-term shift away from physical casinos toward digital-only alternatives.
What does MGM Resorts International do?
MGM makes its money by welcoming guests to its hotels, hosting high-stakes casino gaming, and putting on world-class live entertainment. While they are famous for their physical resorts, they are also expanding into digital sports betting to reach customers beyond their casino floors. It comes down to how well they balance the high costs of running these massive properties against the changing travel habits of holidaymakers and gamblers.
On our factor screen it looks strongest on momentum and growth, and weakest on income.
- !Pays no dividend - the whole return rides on the share price
- !Thin profits - turns only about 2% of sales into profit
- !Carries a lot of debt - roughly 8.9x its equity
- ✓Strong return on shareholder money (ROE 19%)
- Strong brand recognition in the global travel and gaming industry
- Diverse revenue streams from hotels, dining, and digital betting
- High gross margins suggest a strong core business model
- Income screens low (16/100)
- Heavy reliance on the Las Vegas market makes them vulnerable to local issues
- High beta indicates the shares can be volatile during market stress
- Regulatory changes in the gambling industry could impact profitability
What do MGM Resorts International's numbers mean?
How much money does MGM Resorts International make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does MGM Resorts International pay a dividend?
No - MGM Resorts International doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.
When does MGM Resorts International report earnings, and how did recent quarters go?
MGM Resorts International is next scheduled to report on about 2026-10-28 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-29 | $0.58 | $0.59 | Beat +2% |
| 2026-04-29 | $0.48 | $0.49 | Beat +1% |
| 2026-02-05 | $0.55 | $1.60 | Beat +190% |
| 2025-10-29 | $0.30 | $0.24 | Missed -20% |
| 2025-07-30 | $0.55 | $0.79 | Beat +44% |
| 2025-04-30 | $0.45 | $0.69 | Beat +54% |
Across the last 6 quarters here, MGM Resorts International came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
More in Consumer Cyclical
Booking Holdings
Expedia Group
eBay Inc.
Hilton Worldwide Holdings Inc.
Yum! Brands, Inc.
Las Vegas Sands Corp.
Marriott International, Inc.
Casey's General Stores, Inc.What are the scenarios for MGM Resorts International?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of MGM Resorts International?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Strong brand recognition in the global travel and gaming industry
- Diverse revenue streams from hotels, dining, and digital betting
- High gross margins suggest a strong core business model
- Very thin net profit margins leave little room for error
- No dividend payments for those looking for regular income
- High sensitivity to economic downturns as travel is a luxury expense
- Heavy reliance on the Las Vegas market makes them vulnerable to local issues
- High beta indicates the shares can be volatile during market stress
- Regulatory changes in the gambling industry could impact profitability
The write-up's own warning lights — if these start happening, the case above changes.
- A sustained drop in Las Vegas tourism numbers
- A significant failure or regulatory crackdown on their digital betting division
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.