There has been an observed change of -1.14% in the ownership of the shares in the past six months. Mgm Resorts International now has $17.57B valuation. The Beta factor for the stock is listed at 0.51. About 100 shares traded.
MGM Resorts International (NYSE:MGM) last released its earnings results on Thursday, July 27th. It has outperformed by 28.58% the S&P500. Total debt to equity ratio of the company for most recent quarter is 2.03 while Long term debt to equity ratio for same time period is 1.95. The U.S. & Canada segment includes sales of manufactured and sourced tableware having an end market destination in the United States and Canada, excluding glass products for original equipment manufacturers (OEMs), which remain in the Latin America segment.
Investors sentiment decreased to 1.01 in Q2 2017. It dived, as 45 investors sold MGM shares while 137 reduced holdings. 66 funds opened positions while 117 raised stakes. Morgan Stanley accumulated 3.46 million shares. Jefferies Ltd Company invested in 18,176 shares. Baker Avenue Asset Management LP invested in 12,705 shares. Archford Capital Strategies Limited Co has invested 0.01% in MGM Resorts International (NYSE:MGM). MGM's profit will be $195.47M for 22.38 P/E if the $0.34 EPS becomes a reality. Sandy Spring Financial Bank reported 767 shares or 0% of all its holdings. Huntington Commercial Bank holds 0% or 30 shares in its portfolio.
The company's quick ratio for most recent quarter is 0.90. Airain Ltd reported 9,938 shares. 92,781 were reported by Utah Retirement System.
Analysts await MGM Resorts International (NYSE:MGM) to report earnings on November, 6. 20,358 are owned by Cibc Asset Mgmt. Overall, 8.66 Million shares exchanged hands versus its average trading volume of 10.39 Million shares. Sg Americas Secs Llc owns 83,810 shares for 0.02% of their portfolio.
Gates Capital Management Inc decreased Mgm Resorts International (MGM) stake by 26.37% reported in 2017Q2 SEC filing. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 1.90, which implies that analysts are generally bullish in their outlook for MGM over the next year. Therefore 77% are positive. Finally, Instinet restated a "buy" rating and issued a $40.00 price target on shares of MGM Resorts International in a report on Tuesday, October 3rd.
Over the last few days fluctuation in the stock of MGM Resorts International (NYSE:MGM) was the main talking point of investors. Stifel Nicolaus has "Buy" rating and $33 target. The rating was maintained by Telsey Advisory Group with "Outperform" on Friday, July 28. The stock of MGM Resorts International (NYSE:MGM) has "Buy" rating given on Friday, June 17 by Deutsche Bank. Telsey Advisory Group maintained MGM Resorts International (NYSE:MGM) on Friday, December 9 with "Outperform" rating. The rating was maintained by JP Morgan with "Neutral" on Friday, May 27. The company has market cap of $17.50 billion. On Monday, May 1 the insider SANDERS COREY IAN sold $615,686. Finally, Janus Capital Management LLC grew its holdings in shares of MGM Resorts International by 297.5% during the 1st quarter. BlackRock Inc. now owns 22,704,066 shares of the company's stock worth $622,092,000 after purchasing an additional 22,465,373 shares during the period.
MGM Resorts International (MGM) closed its previous trading session at $30.9 with the gain of 1.54%.
Insider Trades for MGM Resorts International show that the latest trade was made on 2 Oct 2017 where D'Arrigo (Daniel J), the Chief Financial Officer completed a transaction type "Buy" in which 2931 shares were traded at a price of $0. Point72 Asia (Hong Kong) Ltd reported 0.04% in MGM Resorts International (NYSE:MGM).
Whereas they predicted High and Low Earnings Estimate as $0.42 and $0.21 respectively. After $0.31 actual EPS reported by MGM Resorts International for the previous quarter, Wall Street now forecasts 9.68% EPS growth. The company has a Return on Assets (ROA) of 3.50%. Manufacturers Life Insur The holds 0.01% or 196,269 shares. Rothschild Inv Corp Il owns 80,000 shares. Highstreet Asset Management Incorporated has 14,166 shares. The Texas-based Frontier Investment Mgmt Co has invested 0.07% in the stock. The target implies a 41.49% spike from where the shares are now trading. Gmt Cap reported 2.44% stake. MGM generated revenue of $2.93 Billion in the same quarter, one year ago. The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses. Libbey Inc. (LBY) has declined 48.72% since October 10, 2016 and is downtrending.