Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from MGM Resorts ( (MGM) ).
At its annual meeting of stockholders held on May 6, 2026, MGM Resorts International shareholders elected all nominated directors, including Keith Barr, Barry Diller and Chief Executive William J. Hornbuckle, each receiving a majority of votes cast with a quorum present. The results reinforce the current board’s mandate and governance structure, signaling continued investor support for the company’s leadership and strategic direction.
Shareholders also ratified Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, and approved on an advisory basis the compensation of the company’s named executive officers. The approvals indicate broad shareholder alignment with MGM Resorts’ financial oversight and executive pay practices, which may contribute to stability in management and investor confidence in the near term.
The most recent analyst rating on (MGM) stock is a Hold with a $40.00 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.
The score is driven primarily by mixed financial performance—solid cash generation and stable revenue offset by sharp margin compression and very high leverage. Technicals are moderately supportive with a positive trend, while valuation is a clear drag due to the high P/E. Earnings-call commentary is moderately constructive on growth and China/digital momentum but tempered by near-term EBITDA and cost headwinds.
To see Spark’s full report on MGM stock, click here.
More about MGM Resorts
MGM Resorts International is a global hospitality and entertainment company focused on casino resorts, hotels and gaming operations. The company operates integrated resorts featuring gaming, lodging, dining, entertainment and meeting facilities, targeting both leisure and business travelers in key U.S. and international destination markets.
Average Trading Volume: 4,696,548
Technical Sentiment Signal: Buy
Current Market Cap: $9.75B
Learn more about MGM stock on TipRanks’ Stock Analysis page.