CapitalOne initiated coverage on MGM Resorts with a new price target
$MGM
Hotels/Resorts
Consumer Discretionary
CapitalOne initiated coverage of MGM Resorts with a rating of Overweight and set a new price target of $50.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/14/2025 | $50.00 | Hold → Buy | Argus |
| 2/3/2025 | Buy → Neutral | BTIG Research | |
| 7/3/2024 | $52.00 | Buy | BTIG Research |
| 5/2/2024 | $54.00 | Neutral → Positive | Susquehanna |
| 4/15/2024 | $56.00 | Buy | Seaport Research Partners |
| 3/26/2024 | $61.00 | Buy | Mizuho |
| 10/23/2023 | $49.00 | Buy | HSBC Securities |
| 10/12/2023 | $50.00 | Overweight | CapitalOne |
4 - MGM Resorts International (0000789570) (Issuer)
4 - MGM Resorts International (0000789570) (Issuer)
4 - MGM Resorts International (0000789570) (Issuer)
8-K - MGM Resorts International (0000789570) (Filer)
8-K - MGM Resorts International (0000789570) (Filer)
10-Q - MGM Resorts International (0000789570) (Filer)
Argus upgraded MGM Resorts from Hold to Buy and set a new price target of $50.00
BTIG Research downgraded MGM Resorts from Buy to Neutral
BTIG Research initiated coverage of MGM Resorts with a rating of Buy and set a new price target of $52.00
SC 13G - MGM Resorts International (0000789570) (Subject)
SC 13G/A - MGM Resorts International (0000789570) (Subject)
SC 13G - MGM Resorts International (0000789570) (Subject)
Sequential Growth in Adjusted EBITDA and Market Share HONG KONG, May 1, 2025 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months ended March 31, 2025 (the "Period"). The Group is pleased to see Macau's average daily visitor arrival in the first quarter up 12% quarter-to-quarter to 109,585, recovered to 95% of same period in 2019. Gross gaming revenue (GGR) in Macau also saw sequential growth. Headline daily GGR rose 3% quarter-to-quarter to MOP641 million per day in the first quarter, represented 76% of same period 2019. Ma
Record 1Q Las Vegas Strip occupancy and slot win, with slot win up 7% year over yearBetMGM venture reported significant revenue growth and a substantial year over year turn to positive EBITDA in 1Q 2025Repurchased 15 million shares in 1Q 2025, reducing shares outstanding by 43% since the beginning of 2021Board of Directors authorized a new $2 billion share repurchase programMGM Rewards program crossed 50 million members, a notable milestone reflecting the staying power of MGM Resort's iconic brandsLAS VEGAS, April 30, 2025 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2025.
Strong start to 2025 affirms strategic approach and confidence of positive EBITDA in 2025 LAS VEGAS, April 28, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across North America, jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on its 1Q 2025 performance. BetMGM's strong momentum from 2H 2024 continued during 1Q 2025, driven by its leading iGaming offering and strengthened sports product, and refined approach to player management1Q Net
4 - MGM Resorts International (0000789570) (Issuer)
4 - MGM Resorts International (0000789570) (Issuer)
4 - MGM Resorts International (0000789570) (Issuer)
BetMGM to donate meals to the Just One Project for every Aces home steal during the 2025 season Click here for high-res photo/video of The Fountains of Bellagio partnership launch LAS VEGAS, May 28, 2025 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, and the Las Vegas Aces announced today that BetMGM is the exclusive online casino and sportsbook partner of the WNBA's Las Vegas Aces. The agreement runs through the 2027 season, marking BetMGM's first major partnership with a women's professional sports franchise. Key features include prominent signage at Michelob ULTRA Arena at Mandalay Bay Resort and Casino and sponsorship across Aces social media platforms. Added co
COLORADO SPRINGS, Colo., May 27, 2025 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that its subsidiary, Century Casino & Hotel Cape Girardeau ("Century"), has entered into a long-term agreement with BetMGM to bring BetMGM's sports betting platform to the Missouri market. Under the terms of the agreement, BetMGM will operate an online and mobile sports betting application under Century's license in Missouri. The agreement includes a percentage of net gaming revenue payable to Century, with a guaranteed minimum, as well as retail sportsboo
New Offerings Introduce City's Grandest Asian Gaming Experience, Luxurious High-Limit Gaming Area, First-to-Market High-Limit Bar, Elegant Private Gaming Salons, and More ATLANTIC CITY, N.J., May 22, 2025 /PRNewswire/ -- Borgata Hotel Casino & Spa has unveiled a series of elevated new gaming, dining and bar experiences, once again setting the standard for excellence in one of the country's most exciting hospitality destinations. The stunning new gaming floor spans 25,000 square feet featuring 51 tables, five private gaming salons, a dedicated Asian gaming space, as well as a sophisticated high-limit gaming area and private bar. Guests can test their fortune at player favorites including Pai
New Marriott Bonvoy Tier Matching, Enriched Royal Caribbean and Celebrity Vacation Perks, Tier Celebrations and Rollover Tier Credits Highlight Exciting Program Enhancements Click here to download high-res photography LAS VEGAS, March 25, 2025 /PRNewswire/ -- MGM Rewards, MGM Resorts' loyalty program, is rolling out new industry-leading benefits for millions of members including the debut of Milestone Rewards to unlock more perks in between tiers, expanded tier match benefits with Marriott Bonvoy, enhanced benefits through Royal Caribbean, the launch of an eGift card, and coming soon, an iconic credit card.
More than 100 wounded warriors and their guests to visit Las Vegas over Veterans Day weekend LAS VEGAS, Nov. 4, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will host the United Service Organizations (USO) Experience: Salute to the Troops, honoring more than 100 active-duty service members who have been injured in the line of duty beginning Friday, November 8. Now in its 14th year, the five-day celebration will take place at Mandalay Bay Resort & Casino. In partnership with USO, American Airlines will fly these honored guests and t
Hospitality industry leader will more than double solar electricity access LAS VEGAS, Sept. 12, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") is making a bold leap toward its ambitious sustainability goals, signing a power purchase agreement with Escape Solar LLC that will more than double its access to clean solar electricity—an extraordinary stride toward a greener future. The agreement will help propel the Company closer to its goal of procuring 100% renewable electricity in North America by 2030. Already a global leader in sustainability with the world's largest direct connect solar array in the hospitality industry, MGM Resorts currently use