MGM Resorts International (MGM) Projected to Release Quarterly Earnings on Wednesday

MGM Resorts International (NYSE:MGM) will likely be releasing its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $0.0639 per share and revenue of $4.23 billion for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

MGM Resorts International (NYSE:MGM) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.03. The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.42 billion. MGM Resorts International had a net margin of 2.40% and a return on equity of 23.30%. The company’s revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.79 EPS. On average, analysts expect MGM Resorts International to post $1.94 EPS for the current fiscal year and $2.13 EPS for the next fiscal year.

MGM Resorts International Price Performance

Shares of MGM Resorts International stock opened at $28.91 on Wednesday. The company’s fifty day simple moving average is $37.15 and its two-hundred day simple moving average is $40.99. MGM Resorts International has a 12-month low of $27.93 and a 12-month high of $51.59. The firm has a market cap of $7.27 billion, a PE ratio of 17.52, a price-to-earnings-growth ratio of 1.47 and a beta of 1.35. The company has a quick ratio of 1.30, a current ratio of 1.34 and a debt-to-equity ratio of 1.80.

Analyst Ratings Changes

MGM has been the subject of several recent analyst reports. Susquehanna lowered their price objective on shares of MGM Resorts International from $46.00 to $41.00 and set a “positive” rating for the company in a research note on Thursday, October 8th. Mizuho cut their target price on MGM Resorts International from $60.00 to $55.00 and set an “outperform” rating on the stock in a research note on Thursday, September 24th. Argus raised their target price on MGM Resorts International from $45.00 to $55.00 and gave the stock a “buy” rating in a research note on Monday, August 17th. HSBC upgraded MGM Resorts International to a “strong-buy” rating in a report on Thursday, July 30th. Finally, UBS Group reduced their price target on MGM Resorts International from $50.00 to $46.00 and set a “neutral” rating on the stock in a report on Friday, September 11th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $46.71.

About MGM Resorts International

MGM Resorts International is a global hospitality and entertainment company that develops, owns, and operates destination resorts featuring casinos, hotels, restaurants, entertainment venues, convention facilities, retail spaces, and nightlife offerings. Its portfolio includes well-known properties such as MGM Grand, Bellagio, ARIA, Mandalay Bay, and The Cosmopolitan of Las Vegas.

The company serves customers through properties in Las Vegas and other U.S. markets, including regional destinations in Michigan, Maryland, Massachusetts, Mississippi, New Jersey, New York, and Ohio.