MGM - Dec 24 Opening Sustainable Momentum
Grading B 7 points
No idea, it is a pute technical play +1
Stock’s fundamentals are also aligned +1
Greater force - There is alignment with RUT +2
Technicals - Breakthrough below H1 100SMA, consolidation, Strong KL resistance above 100SMA(H1)
Opening Sustainable Momentum 🧑🏻🚀
Strategy
Key facts today
Truist Securities cut its price target for MGM Resorts International from $50 to $45 per share, keeping a 'Buy' rating. MGM has an average target of $46.29.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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2.4 USD
743.65 M USD
17.24 B USD
215.75 M
About MGM Resorts International
Sector
Industry
CEO
William Joseph Hornbuckle
Website
Headquarters
Las Vegas
Founded
1986
FIGI
BBG00JRY8X49
MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The Las Vegas Strip Resorts segment operates the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan, Beau Rivage in Biloxi, Mississippi, Gold Strike Tunica in Tunica, Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts. The MGM China segment includes MGM Macau and MGM Cotai. The MGM Digital segment focuses on the online gaming portfolio, which consists primarily of Leo Vegas, which is headquartered in Sweden and Malta. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.
MGM Worth the BET? Not financial advice
1st thing that draws my attention is the resistance at 47.00
2nd thing I noticed is the move up the last 3 months back to 47.00 was a bearish move up as evidenced by the descending channel on Stoch RSI
3rd thing is we double topped on regular RSI even though we came up to 47.0
MGM Resorts draws increased institutional investmentMGM Resorts International (NYSE: MGM), a prominent operator of global casino resorts, has seen a notable influx of investments from major institutional firms in recent months. The company's robust revenue growth and promising expansion into new markets fuelled the growing interest from investors.
Two Signals For MGM Provide Rollercoaster ActionI had two trading signal trigger for MGM last week that could set the stage for some good up and down trading. My MACD overtraded signal fired on the daily chart on January 31, 2023 indicating the stock should move down over the next 10 trading days. This signal is accurate 94.297% of the 264 studie
MGM Resorts International Options Ahead of EarningsIf you haven`t bought MGM during the Covid pandemic:
Then analyzing the options chain and the chart patterns of MGM Resorts International prior to the earnings report this week,
I would consider purchasing the 39usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approxi
MGM a Good Bet moving forward Gamblers are BackNot financial advice
Said it all on the charts but I'd try to get an entry between 35-38.00 to take profits at upper end of this huge rising wedge that started developing way back in 2014 .
If we get a close above 58 and out of this rising wedge could be some big gains in store.
Let's just see how
Green Energy Investments Propel MGM Resorts (NYSE: MGM)MGM Resorts Riding the Bullish Wave
MGM Resorts (MGM) is currently riding a bullish wave on the New York Stock Exchange (NYSE). The company's stock has surged in response to strategic moves towards sustainable practices and green energy investments. This shift has resonated with investors seeking e
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Maturity date
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MGM Resorts International 4.75% 15-OCT-2028Yield to maturity
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Maturity date
Oct 15, 2028
MGM5885613
MGM Resorts International 6.125% 15-SEP-2029Yield to maturity
6.37%
Maturity date
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5.45%
Maturity date
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C
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4.72%
Maturity date
Nov 15, 2096
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Frequently Asked Questions
The current price of 0JWC is 31.5 USD — it has increased by 3.69% in the past 24 hours. Watch MGM RESORTS INTERNATIONAL COM STK USD0.01 stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on LSE exchange MGM RESORTS INTERNATIONAL COM STK USD0.01 stocks are traded under the ticker 0JWC.
0JWC stock has risen by 1.38% compared to the previous week, the month change is a −6.01% fall, over the last year MGM RESORTS INTERNATIONAL COM STK USD0.01 has showed a −25.61% decrease.
We've gathered analysts' opinions on MGM RESORTS INTERNATIONAL COM STK USD0.01 future price: according to them, 0JWC price has a max estimate of 60.00 USD and a min estimate of 35.00 USD. Watch 0JWC chart and read a more detailed MGM RESORTS INTERNATIONAL COM STK USD0.01 stock forecast: see what analysts think of MGM RESORTS INTERNATIONAL COM STK USD0.01 and suggest that you do with its stocks.
0JWC reached its all-time high on Jul 31, 2023 with the price of 51.3 USD, and its all-time low was 9.0 USD and was reached on Mar 20, 2020. View more price dynamics on 0JWC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
0JWC stock is 7.32% volatile and has beta coefficient of 1.38. Track MGM RESORTS INTERNATIONAL COM STK USD0.01 stock price on the chart and check out the list of the most volatile stocks — is MGM RESORTS INTERNATIONAL COM STK USD0.01 there?
Today MGM RESORTS INTERNATIONAL COM STK USD0.01 has the market capitalization of 8.57 B, it has decreased by −1.53% over the last week.
Yes, you can track MGM RESORTS INTERNATIONAL COM STK USD0.01 financials in yearly and quarterly reports right on TradingView.
MGM RESORTS INTERNATIONAL COM STK USD0.01 is going to release the next earnings report on Apr 30, 2025. Keep track of upcoming events with our Earnings Calendar.
0JWC earnings for the last quarter are 0.45 USD per share, whereas the estimation was 0.32 USD resulting in a 40.16% surprise. The estimated earnings for the next quarter are 0.47 USD per share. See more details about MGM RESORTS INTERNATIONAL COM STK USD0.01 earnings.
MGM RESORTS INTERNATIONAL COM STK USD0.01 revenue for the last quarter amounts to 4.35 B USD, despite the estimated figure of 4.27 B USD. In the next quarter, revenue is expected to reach 4.28 B USD.
0JWC net income for the last quarter is 154.51 M USD, while the quarter before that showed 184.36 M USD of net income which accounts for −16.19% change. Track more MGM RESORTS INTERNATIONAL COM STK USD0.01 financial stats to get the full picture.
MGM RESORTS INTERNATIONAL COM STK USD0.01 dividend yield was 0.00% in 2024, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 23, 2025, the company has 78 K employees. See our rating of the largest employees — is MGM RESORTS INTERNATIONAL COM STK USD0.01 on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MGM RESORTS INTERNATIONAL COM STK USD0.01 EBITDA is 2.49 B USD, and current EBITDA margin is 14.46%. See more stats in MGM RESORTS INTERNATIONAL COM STK USD0.01 financial statements.
Like other stocks, 0JWC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MGM RESORTS INTERNATIONAL COM STK USD0.01 stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MGM RESORTS INTERNATIONAL COM STK USD0.01 technincal analysis shows the buy rating today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MGM RESORTS INTERNATIONAL COM STK USD0.01 stock shows the sell signal. See more of MGM RESORTS INTERNATIONAL COM STK USD0.01 technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.