MGM Resorts (MGM)
NYSEConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-09-14
$39.83-0.15%
Close 2026-09-14 · 1-day change
NYSEConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-09-14
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.
Primary pillar broken — Las Vegas Strip Resorts net revenues >= $2.2 billion in 2026-Q1: metric not reported.
View ThesisRevenue is growing steadily — about 3% over the past year.
View GrowthRanks among the strongest in its industry on quality — around the top 12%.
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 ValuationModerate volatility — typically moves about 1% a day.
View RiskMGM's growth relies on enhancing Las Vegas Strip Resorts performance and digital expansion. Recent financial results show strong performance, but the latest earnings miss raises concerns. MGM trades at 13.7× P/E, below the peer median of 14.5×. This suggests the price reflects less growth than expected, indicating potential undervaluation. A specific risk is the 33% probability of a miss in the next quarter. Peer multiples imply a price about 44% above where it trades. Our read remains provisional.
Trailing returns as of 2026-09-14. MGM is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 22 analysts currently covering MGM (as of Sep 2026).
Based on 9 Wall Street analysts offering 12-month price targets for MGM in the last 4 months.
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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 2026-09-14. 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 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.
Advances: Expand MGM Digital and BetMGM businesses
BetMGM deal extension supports digital business growth.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-14. EPS is implied from price ÷ P/E. Not investment advice.
Current $39.83
The last 12 months of price, then the range of analyst 12-month targets from today’s $39.83.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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.
Advances: Return capital to shareholders via share repurchases
Acquisition premium supports shareholder capital return strategy.
Advances: Enhance Las Vegas Strip Resorts performance
Q2 results highlight strong performance in Las Vegas and digital expansion.
Advances: Enhance Las Vegas Strip Resorts performance
Solid Q2 results enhance Las Vegas Strip performance.
Advances: Enhance Las Vegas offerings
Strong Las Vegas performance enhances growth outlook.
Advances: Enhance Las Vegas offerings
Beating sales expectations supports growth strategy.
Advances: Enhance Las Vegas offerings
Higher profit and revenue indicate growth in Las Vegas operations.
Threatens: Leverage all-inclusive promotion
BetMGM's outlook cut indicates competitive pressures affecting growth.
