MGM RESORTS INTERNATIONAL REPORTS FIRST QUARTER 2026 FINANCIAL AND OPERATING RESULTS [TheStreet.com]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: TheStreet.com
LAS VEGAS April 29, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2026. "We are pleased to report record 1Q consolidated net revenues driven primarily by MGM China and MGM Digital, as well as growth at our BetMGM North America Venture," said Bill Hornbuckle, President and CEO of MGM Resorts International. "MGM Resorts' Las Vegas Strip Resorts delivered comparable period quarterly top line growth for the first time in over a year and monthly net revenues that strengthened into March. Looking into the second quarter and beyond, we are seeing signs of strength driven by solid convention bookings, our newly launched all-inclusive promotion, and our recently refreshed rooms at the MGM Grand Las Vegas." "This month we closed on the sale of the operations of MGM Northfield Park for $546 million reflecting a significantly higher multiple than currently ascribed to our premium an
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MGM
News
- MGM Resorts International (MGM) had its price target raised by The Goldman Sachs Group, Inc. from $34.00 to $38.00. They now have a "sell" rating on the stock.MarketBeat
- MGM Resorts International (MGM) had its price target lowered by JPMorgan Chase & Co. from $42.00 to $41.00. They now have a "neutral" rating on the stock.MarketBeat
- MGM Resorts International (MGM) had its price target lowered by Citigroup Inc. from $41.00 to $40.00. They now have a "neutral" rating on the stock.MarketBeat
- MGM Resorts International (MGM) had its price target raised by Truist Financial Corporation from $39.00 to $42.00. They now have a "hold" rating on the stock.MarketBeat
- MGM Resorts International (MGM) had its price target raised by Wells Fargo & Company from $30.00 to $33.00. They now have an "underweight" rating on the stock.MarketBeat
MGM
Earnings
- 4/29/26 - Miss
MGM
Sec Filings
- 4/29/26 - Form 10-Q
- 4/29/26 - Form 8-K
- 4/7/26 - Form DEFA14A
- MGM's page on the SEC website