MGM Resorts International Ord Shs (MGM)
$16.16
0.22 (1.34%)
MGM Stock Quote Delayed 30 Minutes
Previous Close
$16.16
Market Cap
9.00B
PE Ratio
4.80
EPS
3.37
Volume (Avg. Vol.)
18.15M
Day's Range
15.98 - 16.45
52-Week Range
5.90 - 34.63
Dividend & Yield
0.47 (2.91%)
MGM Stock Predictions, Articles, and MGM Resorts International Ord Shs News
The Second Wave Is Creating a Second Chance to Buy MGM Stock
MGM Resorts has seen its luck run cold as Covid-19 has entered a second wave. However, this is a good time to take advantage of the correction.
Investors Shouldn’t Gamble on MGM Stock
Investors interested in betting on MGM Resorts would be well-advised to wait until a vaccine is developed for Covid-19.
MGM Stock Has Upside, But You’ll Have to Wait for It
MGM stock purportedly has a market value of $50, but it's near-term value depends on when customers will come back after the pandemic.
Casinos, Like Airlines, Are Best Avoided for Now
A possible alternative for anyone who absolutely must make a bet on MGM, and doesn’t want to buy BJK, would be to invest in the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RCD), which gives you 61 S&P 500 consumer discretionary stocks, all equal-weighted, and rebalanced four times a year in March, June, September, and December.
As Coronavirus Cases Surge, MGM Stock Could Head Lower
As 'second wave' fears accelerate, MGM stock may head lower in the near-term. But cpnsider buying the shares on weakness.
MGM Stock Shows Signs of Life Amid Second Virus Wave Concerns
MGM stock remains attractively valued but fears of a next virus wave are weighing heavily on the highly encumbered casino operator.
MGM Stock Is a Tough Buy With Surging Coronavirus Cases
MGM stock doesn't have a clear picture on the charts, while its revenue remains at risk with a jump in coronavirus cases.
Wait and See How MGM ‘Reopenings’ Perform
MGM stock should get a boost when its other casinos open. July 4th weekend will show whether or not crowds are returning and if MGM can recover.
Fears of a Second Coronavirus Wave Make MGM Stock a Risky Bet
MGM has a relatively low exposure to Macao which could benefit its revenues. However, a second Coronavirus wave could cripple MGM stock
As Vegas Makes a Comeback, MGM Stock Could Move Higher
Yet, this may be a reason to buy shares now. With risks more than priced-in, potential share price upside from a recovery trumps these downside risks. Don't bet the ranch, but consider MGM stock a buy at today's prices.
Should You Bet on MGM Resorts or MGM Growth?
MGM has begun re-opening its resorts, with social distancing and safety shields, but how many gamblers are coming in remains an open question.
A Safer Way to Play MGM Resorts with Covid-19 Still Raging
Although the reopening of casinos is a positive narrative for MGM stock, your best bet at this time is to consider gambling-related ETFs.
The Real Reason You Should Avoid MGM Resorts
Thanks to MGM Resorts’ pivot to the convention industry, MGM stock was poised to jump higher in 2020. But the coronavirus completely disrupted this trajectory.
MGM is a Reopening Story Chock-full of Vulnerabilities With That Status
Leisure destinations are reopening with new health and safety protocols and at limited capacity. With its casinos among those, MGM stock may be vulnerable to fears about a second wave of Covid-19 cases.
Exercise Cautious Optimism with MGM Resorts Shares
Despite some reservations, investors should look for modest growth in MGM stock while the gambling industry regains its footing.
MGM Resorts Is Worth a Roll of the Dice
With Las Vegas soon reopening, a critical headwind against MGM stock will fade away, inviting the risky but compelling bullish trade.
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