MGM Resorts International traded at $31.86 this Monday September 28th, decreasing $0.72 or 2.21 percent since the previous trading session. Looking back, over the last four weeks, MGM Resorts International lost 22.97 percent. Over the last 12 months, its price fell by 12.78 percent. Looking ahead, we forecast MGM Resorts International to be priced at 31.88 by the end of this quarter and at 29.85 in one year, according to Trading Economics global macro models projections and analysts expectations.
MGM Resorts International is a holding company. The Company, through its subsidiaries, owns and operates casino resorts. The Company segments include Las Vegas Strip Resorts, Regional Operations and MGM China. Las Vegas Strip Resorts, which consists of Bellagio, MGM Grand Las Vegas (including The Signature), Mandalay Bay (including Delano and Four Seasons), The Mirage, Luxor, New York-New York (including The Park), Excalibur and Park MGM (including NoMad Las Vegas). Regional Operations, which consists of 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; MGM Springfield in Springfield, Massachusetts; Empire City in Yonkers, New York, and MGM Northfield Park in Northfield Park, Ohio. MGM China consists of MGM Macau and MGM Cotai.