MGM Resorts International (MGM) Expected to Announce Earnings on Wednesday

MGM Resorts International (NYSE:MGM) is anticipated to announce its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.0639 per share and revenue of $4.23 billion for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

MGM Resorts International (NYSE:MGM) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.03. The company had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.42 billion. MGM Resorts International had a net margin of 2.40% and a return on equity of 23.30%. MGM Resorts International’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.79 earnings per share. On average, analysts expect MGM Resorts International to post $1.94 EPS for the current fiscal year and $2.13 EPS for the next fiscal year.

MGM Resorts International Trading Up 1.6%

Shares of MGM opened at $28.91 on Wednesday. The firm’s 50 day simple moving average is $37.15 and its 200 day simple moving average is $40.99. The company has a market capitalization of $7.27 billion, a P/E ratio of 17.52, a P/E/G ratio of 1.47 and a beta of 1.35. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.34 and a quick ratio of 1.30. MGM Resorts International has a 1-year low of $27.93 and a 1-year high of $51.59.

Wall Street Analysts Forecast Growth

MGM has been the subject of a number of research reports. Capital One Financial boosted their price target on shares of MGM Resorts International from $53.00 to $57.00 and gave the stock an “overweight” rating in a research note on Monday, September 21st. Citigroup decreased their price target on shares of MGM Resorts International from $48.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, October 12th. HSBC upgraded shares of MGM Resorts International to a “strong-buy” rating in a research report on Thursday, July 30th. Argus lifted their price objective on shares of MGM Resorts International from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, August 17th. Finally, The Goldman Sachs Group set a $30.00 price objective on shares of MGM Resorts International in a report on Tuesday, October 13th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $46.71.

MGM Resorts International Company Profile

MGM Resorts International is a global hospitality and entertainment company that develops, owns, and operates destination resorts featuring casinos, hotels, restaurants, entertainment venues, convention facilities, retail spaces, and nightlife offerings. Its portfolio includes well-known properties such as MGM Grand, Bellagio, ARIA, Mandalay Bay, and The Cosmopolitan of Las Vegas.

The company serves customers through properties in Las Vegas and other U.S. markets, including regional destinations in Michigan, Maryland, Massachusetts, Mississippi, New Jersey, New York, and Ohio.