Analysts Set New Price TargetsĪ number of equities research analysts have recently weighed in on the company. MGM Resorts International’s payout ratio is 0.14%. The ex-dividend date was Thursday, September 8th. This represents a $0.01 annualized dividend and a dividend yield of 0.03%. Stockholders of record on Friday, September 9th were paid a dividend of $0.0025 per share. The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. MGM Resorts International Dividend Announcement As a group, analysts forecast that MGM Resorts International will post 0.04 EPS for the current year. MGM Resorts International had a net margin of 27.33% and a return on equity of 1.44%. The company had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.03 billion. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.21). MGM Resorts International ( NYSE:MGM – Get Rating) last announced its quarterly earnings results on Wednesday, August 3rd. The company has a current ratio of 1.65, a quick ratio of 1.63 and a debt-to-equity ratio of 0.99. The business has a 50 day moving average of $33.46 and a two-hundred day moving average of $34.54. The company has a market capitalization of $12.85 billion, a PE ratio of 4.58 and a beta of 2.04. MGM Resorts International has a 12-month low of $26.41 and a 12-month high of $51.17. Shares of NYSE:MGM opened at $32.68 on Friday. MGM Resorts International Trading Down 1.9 % 2.13% of the stock is currently owned by company insiders. Insiders acquired a total of 590,030 shares of company stock valued at $20,493,524 in the last three months. The disclosure for this purchase can be found here. Following the completion of the purchase, the insider now owns 64,672,502 shares in the company, valued at approximately $2,184,637,117.56. The stock was purchased at an average cost of $33.78 per share, with a total value of $4,999,440.00. acquired 148,000 shares of MGM Resorts International stock in a transaction that occurred on Monday, August 22nd. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

The stock was sold at an average price of $34.41, for a total value of $154,810.59. Taylor sold 4,499 shares of the stock in a transaction on Wednesday, August 10th. The acquisition was disclosed in a filing with the SEC, which is available at this link. Following the purchase, the insider now directly owns 64,672,502 shares in the company, valued at approximately $2,184,637,117.56. The stock was acquired at an average cost of $33.78 per share, with a total value of $4,999,440.00. bought 148,000 shares of MGM Resorts International stock in a transaction dated Monday, August 22nd.

In other MGM Resorts International news, major shareholder Iac Inc. Insider Transactions at MGM Resorts International 67.54% of the stock is currently owned by institutional investors. purchased a new stake in shares of MGM Resorts International during the first quarter worth about $22,786,000. Qube Research & Technologies Ltd purchased a new stake in shares of MGM Resorts International during the first quarter worth about $24,419,000. MA now owns 4,098,554 shares of the company’s stock worth $171,893,000 after acquiring an additional 639,019 shares during the last quarter. MA grew its stake in shares of MGM Resorts International by 18.5% during the first quarter. now owns 798,295 shares of the company’s stock worth $33,480,000 after purchasing an additional 745,445 shares in the last quarter. raised its holdings in MGM Resorts International by 1,410.5% in the first quarter. Millennium Management LLC now owns 881,375 shares of the company’s stock worth $39,556,000 after purchasing an additional 825,416 shares in the last quarter. Millennium Management LLC raised its holdings in MGM Resorts International by 1,475.0% in the fourth quarter. Geneos Wealth Management Inc.’s holdings in MGM Resorts International were worth $237,000 at the end of the most recent reporting period.Ī number of other large investors have also added to or reduced their stakes in MGM. The institutional investor owned 7,903 shares of the company’s stock after selling 525 shares during the quarter. cut its position in MGM Resorts International ( NYSE:MGM – Get Rating) by 6.2% in the second quarter, according to its most recent Form 13F filing with the SEC.

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