MGM Resorts International, listed on the NYSE under the symbol MGM, is a global hospitality and entertainment company. It operates a portfolio of destination resort brands, including Bellagio, MGM Grand, and Mandalay Bay. The company competes with other major players in the hospitality industry, such as Caesars Entertainment and Wynn Resorts.
On September 10, 2025, Robin Farley from UBS set a price target of $39 for MGM. At that time, MGM's stock price was $35.95, suggesting a potential price increase of approximately 8.48% to reach the target. This target reflects optimism about MGM's future performance and potential growth in the market.
Currently, MGM's stock price is $35.95, showing a slight decrease of 0.14% or $0.05. The stock has traded between $35.79 and $36.32 today. Over the past year, MGM's stock has experienced fluctuations, reaching a high of $42.54 and a low of $25.30. These variations indicate the stock's volatility and the market's changing perception of the company's value.
MGM's market capitalization is approximately $9.79 billion, reflecting the total market value of its outstanding shares. This figure provides insight into the company's size and its standing in the industry. The trading volume for MGM on the NYSE is 2,557,264 shares, indicating the level of investor interest and activity in the stock.
