MGM Resorts (MGM) stock forecast for 2022

The forecast has been updated: May 21, 2022 6:21


MGM Resorts stock price online today

Analyst Target Price

54.52

Dividend Date

15.06.2022

Ex Dividend Date

09.06.2022

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell MGM Resorts stock stock today? What is the projected target price level for 2022? How much will it cost in 2022? MGM Resorts stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2022.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $54.52 target price for MGM Resorts stock stock.

Today 200 Day Moving Average is the resistance level (42.7 $).

50 Day Moving Average is the resistance level (40.1 $).




MGM Forecast for 2022

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jun 32.65 30.69 33.96 9.62 %
Jul 31.70 29.87 32.47 8.01 %
Aug 30.25 29.49 32.00 7.85 %
Sep 30.37 28.91 32.46 10.94 %
Oct 30.61 28.25 32.35 12.68 %
Nov 30.09 28.56 31.56 9.53 %
Dec 32.92 31.47 34.99 10.07 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of MGM Resorts stock.


MGM Resorts overview

MGM Resorts Address

3600 LAS VEGAS BLVD S, LAS VEGAS, NV, US

Market Capitalization

14 336 650 000 $

EBITDA

2 114 912 000

PE Ratio

10.72

PEG Ratio

4.2

Dividend Per Share

0.01

Dividend Yield

0.0003

EPS

3.14

Quarterly Earnings Growth YOY

31.15

Quarterly Revenue Growth YOY

0.788

Trailing PE

10.72

Forward PE

57.8

EV To Revenue

3.207

EV To EBITDA

9.26

52 Week High

51.16

52 Week Low

32.37

50 Day Moving Average

40.1

200 Day Moving Average

42.7

Shares Outstanding

426052000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

MGM Resorts stock forecast for this year


MGM Resorts stock forecast for Jun 2022.
Estimated Average Forecasted MGM Resorts Price: 32.65. Positive monthly dynamics of the instrument is expected with 9.616% volatility is expected.

Pessimistic forecast: 30.69

Optimistic: 33.96


MGM Resorts stock forecast for Jul 2022.
Estimated Average Forecasted MGM Resorts Price: 31.70. Negative monthly dynamics of the instrument is expected with 8.008% volatility is expected.

Pessimistic forecast: 29.87

Optimistic: 32.47


MGM Resorts stock forecast for Aug 2022.
Estimated Average Forecasted MGM Resorts Price: 30.25. Negative monthly dynamics of the instrument is expected with 7.845% volatility is expected.

Pessimistic forecast: 29.49

Optimistic: 32.00


MGM Resorts stock forecast for Sep 2022.
Estimated Average Forecasted MGM Resorts Price: 30.37. Positive monthly dynamics of the instrument is expected with 10.945% volatility is expected.

Pessimistic forecast: 28.91

Optimistic: 32.46


MGM Resorts stock forecast for Oct 2022.
Estimated Average Forecasted MGM Resorts Price: 30.61. Positive monthly dynamics of the instrument is expected with 12.678% volatility is expected.

Pessimistic forecast: 28.25

Optimistic: 32.35


MGM Resorts stock forecast for Nov 2022.
Estimated Average Forecasted MGM Resorts Price: 30.09. Negative monthly dynamics of the instrument is expected with 9.533% volatility is expected.

Pessimistic forecast: 28.56

Optimistic: 31.56


MGM Resorts stock forecast for Dec 2022.
Estimated Average Forecasted MGM Resorts Price: 32.92. Positive monthly dynamics of the instrument is expected with 10.066% volatility is expected.

Pessimistic forecast: 31.47

Optimistic: 34.99



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