7 analysts have expressed a variety of opinions on MGM Resorts Intl (NYSE:MGM) over the past quarter, offering a diverse set of opinions from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $55.29, along with a high estimate of $61.00 and a low estimate of $45.00. Marking an increase of 8.41%, the current average surpasses the previous average price target of $51.00.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of MGM Resorts Intl among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

To gain a panoramic view of MGM Resorts Intl's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on MGM Resorts Intl analyst ratings.

Discovering MGM Resorts Intl: A Closer Look

Breaking Down MGM Resorts Intl's Financial Performance

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Positive Revenue Trend: Examining MGM Resorts Intl's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 21.81% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: MGM Resorts Intl's net margin excels beyond industry benchmarks, reaching 7.18%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): MGM Resorts Intl's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 8.08%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): MGM Resorts Intl's ROA excels beyond industry benchmarks, reaching 0.74%. This signifies efficient management of assets and strong financial health.

Debt Management: MGM Resorts Intl's debt-to-equity ratio is notably higher than the industry average. With a ratio of 8.3, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

Analyst Ratings: Simplified

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.