About MGM Resorts International Common Stock (MGM)
MGM Resorts International is a global hospitality and entertainment company that operates a diverse portfolio of destination resorts, casinos, and hotels, primarily in the United States and Macau. The company is renowned for its luxurious accommodations, expansive gaming facilities, and a wide range of dining, entertainment, and leisure options, catering to both leisure and business travelers. MGM Resorts focuses on providing a unique guest experience with its iconic properties, rich entertainment offerings, and commitment to sustainability and community engagement. Through its various brands and innovative experiences, the company aims to create memorable moments and a vibrant atmosphere for its guests. Read More
The 2025 NFL Draft kicks off Thursday, April 24, with three days of more than 250 college football players drafted. A look at the draft order and betting trends.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the casino operator stocks, including Golden Entertainment (NASDAQ:GDEN) and its peers.
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
What a brutal six months it’s been for MGM Resorts. The stock has dropped 23.9% and now trades at $29.97, rattling many shareholders. This may have investors wondering how to approach the situation.
International travel contributes only 5% of US room nights and 3% of arrivals, but brings in more revenue as international travelers stay longer and spend more. Canada is the largest source market, followed by Europe and Mexico.
BofA Securities analyst expects cautious tone from gaming operators due to US/China tensions and lowered estimates for Macau and Vegas. Stocks down 12% YTD.
Gaming and lodging stocks are under pressure as recession risks mount, BofA Securities reports. With tariffs weighing on GDP, analysts warn of a potential 3%–8% EBITDA hit. Hotel and timeshare sectors remain the most exposed, while REITs and Gaming OpCos face heightened earnings risk. Stocks are now trading at their lowest valuations since the COVID-19 and GFC downturns.
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Most consumer discretionary businesses succeed or fail based on the broader economy. This sensitive demand profile can cause discretionary stocks to plummet when macro uncertainty enters the fray,
and over the past six months, the industry has shed 10.7%. This drop was worse than the S&P 500’s 5.2% fall.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Bally's (NYSE:BALY) and the rest of the casino operator stocks fared in Q4.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
