MGM Resorts (MGM)
NYSEConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-11-05
$32.54-0.85%
Close 2026-11-05 · 1-day change
NYSEConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-11-05
Research Workspace
Put MGM beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Consumer Discretionary is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Recent financial performance freshly dropped to the bottom half of its industry.
View ThesisRevenue is growing steadily — about 3% over the past year.
View GrowthRanks among the strongest in its industry on quality — around the top 17%.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 1% on a typical day and fell roughly 46% in its worst 12-month stretch.
View RiskMGM's digital growth has to keep compounding to justify the price. Revenue fell 1% year over year in the latest quarter. The company reported an adjusted loss of $0.11 per share. This result missed the consensus estimate by 173%. MGM trades at 13 times earnings versus a 16 times peer median. The price reflects less growth than our forecast. Our model puts the next-quarter miss probability near 61%. Recent financial performance dropped to the bottom half of its industry. Peer multiples imply a price about 37% above where it trades. The thesis has broken. This read is provisional.
End-of-day figures as of 2026-11-05. EPS is implied from price ÷ P/E. Not investment advice.
Trailing returns as of 2026-11-05. MGM is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 24 analysts currently covering MGM (as of Nov 2026).
Based on 8 Wall Street analysts offering 12-month price targets for MGM in the last 4 months.
Current $32.54
The last 12 months of price, then the range of analyst 12-month targets from today’s $32.54.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
Continue this research
Compare MGM with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| MGM Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-11-05. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
A price-focused, side-by-side fair-value read versus Casinos & Gaming — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put MGM next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Deal amendment confirms withdrawal but no new strategic shift.
Threatens: Grow MGM's core resort operations
Vegas softness directly threatens core resort growth objective.
Withdrawal of takeover proposal removes M&A uncertainty.
Duplicate confirmation of People Inc. withdrawal.
52-week low signals market skepticism on current thesis.
Advances: Expand digital businesses and improve profitability
7% revenue growth supports digital business expansion objective.
Stock sink reflects negative market reaction to deal collapse.
Failed bid indicates potential challenges in shareholder returns.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.