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An update from MGM Resorts ( (MGM) ) is now available.
On August 29, 2025, MGM Resorts International extended the employment agreement of Corey Sanders, its Chief Operating Officer, until December 31, 2025, after which he will transition to a Senior Advisor role through December 31, 2026. This transition follows Sanders’ announcement of retirement after over 30 years with the company, during which he played a pivotal role in major acquisitions and expansions. MGM Resorts plans to appoint a new COO later in September 2025. Sanders’ leadership has been instrumental in shaping the company’s culture and operational success, and his departure marks a significant change in the company’s executive team.
The most recent analyst rating on (MGM) stock is a Hold with a $44.00 price target. To see the full list of analyst forecasts on MGM Resorts stock, see the MGM Stock Forecast page.
Spark’s Take on MGM Stock
According to Spark, TipRanks’ AI Analyst, MGM is a Neutral.
MGM Resorts’ overall stock score reflects strong revenue growth and positive earnings call sentiment, indicating optimism for future performance. However, high leverage and declining profitability margins pose financial risks. The technical indicators suggest a neutral trend, and the valuation is moderate without a dividend yield. The company’s strategic initiatives and global ventures provide a positive outlook, but financial stability needs attention.
To see Spark’s full report on MGM stock, click here.
More about MGM Resorts
MGM Resorts International is a global gaming and entertainment company, part of the S&P 500®, with a portfolio of 31 hotel and gaming destinations worldwide. The company offers hotels, casinos, meeting spaces, entertainment experiences, and a range of dining and retail options. MGM Resorts is also involved in sports betting and online gaming through BetMGM in North America and LV Lion Holding Limited in Europe and Brazil. The company is expanding in Asia with a resort development in Japan and is committed to sustainability and community impact.
Average Trading Volume: 4,657,926
Technical Sentiment Signal: Buy
Current Market Cap: $10.08B
See more data about MGM stock on TipRanks’ Stock Analysis page.