MGM Resorts International (MGM) EPS Estimated At $0.30

April 25, 2018 - By Nellie Frank

MGM Resorts International (NYSE:MGM) LogoInvestors sentiment decreased to 0.95 in Q4 2017. Its down 0.58, from 1.53 in 2017Q3. It dived, as 60 investors sold MGM Resorts International shares while 150 reduced holdings. 71 funds opened positions while 128 raised stakes. 450.52 million shares or 1.77% less from 458.66 million shares in 2017Q3 were reported.
Oakbrook Investments Ltd Llc holds 0.04% of its portfolio in MGM Resorts International (NYSE:MGM) for 19,310 shares. The New York-based State Common Retirement Fund has invested 0.05% in MGM Resorts International (NYSE:MGM). Calamos Wealth Mgmt Limited Liability Com holds 0.69% in MGM Resorts International (NYSE:MGM) or 159,719 shares. Swiss National Bank & Trust holds 0.06% of its portfolio in MGM Resorts International (NYSE:MGM) for 1.70 million shares. Kj Harrison & Prtn Inc, Ontario – Canada-based fund reported 35,000 shares. Ameritas Invest Partners Inc owns 0.02% invested in MGM Resorts International (NYSE:MGM) for 11,029 shares. Blackrock has 35.61 million shares. Selz Lc invested in 421,300 shares or 2.08% of the stock. Putnam Invs Limited Com has invested 0% in MGM Resorts International (NYSE:MGM). Caxton Lp holds 0.3% or 180,000 shares. Alliancebernstein Limited Partnership holds 0.02% in MGM Resorts International (NYSE:MGM) or 824,587 shares. Nuveen Asset Management Limited Liability Co has invested 0.12% in MGM Resorts International (NYSE:MGM). Ls Inv Ltd Liability holds 11,811 shares. 144 are held by America First Inv Advsr Limited Liability. Morgan Stanley, a New York-based fund reported 3.24 million shares.

Since February 22, 2018, it had 1 buying transaction, and 6 selling transactions for $5.07 million activity. Another trade for 6,260 shares valued at $215,773 was sold by BIBLE WILLIAM A. 12,536 shares valued at $434,632 were sold by TAYLOR DANIEL J on Thursday, February 22. Shares for $2.18 million were sold by HORNBUCKLE WILLIAM. HERMAN ALEXIS sold $159,351 worth of stock or 4,350 shares. Shares for $1.26M were sold by D’ARRIGO DANIEL. The insider SANDERS COREY IAN sold 23,134 shares worth $848,588.

Analysts expect MGM Resorts International (NYSE:MGM) to report $0.30 EPS on April, 26 before the open.They anticipate $0.08 EPS change or 21.05 % from last quarter’s $0.38 EPS. MGM’s profit would be $170.00 million giving it 29.32 P/E if the $0.30 EPS is correct. The stock decreased 0.94% or $0.335 during the last trading session, reaching $35.185. About 4.81 million shares traded. MGM Resorts International (NYSE:MGM) has risen 31.15% since April 25, 2017 and is uptrending. It has outperformed by 19.60% the S&P500.

MGM Resorts International (NYSE:MGM) Ratings Coverage

Among 12 analysts covering MGM Resorts Intl (NYSE:MGM), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. MGM Resorts Intl had 15 analyst reports since November 1, 2017 according to SRatingsIntel. The firm has “Hold” rating by Susquehanna given on Thursday, February 15. On Wednesday, November 1 the stock rating was maintained by Nomura with “Buy”. The stock has “Positive” rating by Susquehanna on Monday, April 23. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, November 9. The rating was maintained by Roth Capital with “Buy” on Thursday, November 9. The stock has “Buy” rating by Nomura on Thursday, January 25. The rating was maintained by Stifel Nicolaus on Wednesday, February 21 with “Hold”. Morgan Stanley maintained the shares of MGM in report on Tuesday, March 27 with “Overweight” rating. The stock of MGM Resorts International (NYSE:MGM) earned “Overweight” rating by JP Morgan on Wednesday, November 1. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, March 13.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China. The company has market cap of $19.94 billion. The firm operates through two divisions, Domestic Resorts and MGM China. It has a 10.49 P/E ratio. The Company’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.

MGM Resorts International (NYSE:MGM) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.