MGM

MGM Resorts International

Consumer Cyclical · $8.0B market cap

Verdict

Share price

$30.48

close of Oct 3, 2026

Fair value

$85.59

Sticker Price

Payback Price

$34.24

buy price

On Sale

MGM is On Sale: at $30.48 it trades 11% below its buy price (Payback Price) of $34.24 and 64% below its fair value of $85.59. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Owner Earnings. Earnings have been shrinking, but the business still generates cash, so we value it on its cash flow instead of its earnings.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth-6.3% a year✗
Equity per share growth-0.7% a year✗
Sales growth5.0% a year✗
Free cash flow growth10.2% a year✓
Return on invested capital3.5%✗

Follow MGM

Get notified when it reaches its buy price of $34.24. Free.

Create a free account

Superinvestors

3 of the investors we track hold MGM. In Q2 2026, 1 trimmed. Who we track

Moves in Q2 2026

Trimmed: Mason Hawkins

Insider activity

Since Jun 30, 2026: no open-market purchases and 5 other filings (stock awards, tax withholding and similar). Why purchases matter

Other filings

About MGM Resorts International

MGM Resorts International, through its various divisions, manages and possesses casino, lodging, and entertainment complexes across the United States and Macau. The company's operations are segmented into three main areas: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its resort properties offer a comprehensive suite of amenities including gaming facilities, accommodation, convention spaces, dining…

Gambling, Resorts & Casinos

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works