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MGM Resorts International: 52-Week High Recently Eclipsed
Monday, September 27, 2021 - 12:58pm | 742Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. MGM Resorts International (NYSE: MGM) traded today at a new 52-week high of $46.03. Approximately 4.2 million shares have changed hands...
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The Latest Barron's Picks And Pans: Meme Stocks, AstraZeneca, Citigroup And More
Sunday, July 11, 2021 - 9:43am | 1059Read More...The cover story in this weekend's Barron's reveals what investors should know now about the so-called meme stocks. Other featured articles discuss how to find bargains in Chinese stocks, the increasing likelihood of big tech regulation and how travel and leisure stocks have fared lately....
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Las Vegas Sands' China Woes
Tuesday, October 14, 2014 - 4:01pm | 734Read More...When trouble rears its ugly head in the financial world, China frequently becomes part of the conversation. Las Vegas Sands Corp. (NYSE: LVS) knows this all too well. Macau As a leader in both gaming and lodging, much of the company’s revenue has come from Macau, China. As Zack...
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Jefferies Comments on MGM China Holdings IPO
Tuesday, May 31, 2011 - 7:41am | 121Read More...MGM Resorts International (NYSE: MGM) announced the pricing of its subsidiary, MGM China Holdings, at HK$15.34 for its Hong Kong IPO, “which should generate $1.5 billion in cash for Pansy Ho,” Jefferies reports. “The price was at the top of the expected range and the subsidiary's shares are...
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Hudson Securities Comments On MGM Resorts 1Q11 Results
Tuesday, May 3, 2011 - 9:37am | 54Read More...According to Hudson Securities, MGM Resorts International (NYSE: MGM) is expecting progress on choppy LV recovery. Hudson Securities said that MGM reports 1Q11 results before the bell on Wednesday. “Our current EBITDA estimate of $330 million is $17 million above the Street.” MGM Resorts...
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Goldman Sachs Reiterates Buy Rating on MGM
Thursday, April 14, 2011 - 9:36am | 198Read More...Goldman Sachs, with news of the MGM Macau IPO, is reiterating its Buy rating on MGM Resorts International (NYSE: MGM) and has maintained its price target of $18 on the stock. In the report, Goldman Sachs writes, “We are reiterating our Buy rating on MGM as a long-term leisure travel and Vegas...
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Hudson Securities Releases Las Vegas January Visitation Statistics For Las Vegas Sands, MGM Resorts, Wynn Resorts, (LVS) (MGM) (WYNN)
Friday, March 11, 2011 - 10:54am | 246Read More...In a recent research report Hudson Securities commented on the Las Vegas January visitation numbers for Las Vegas Sands (NYSE: LVS), Wynn Resorts (NASDAQ: WYNN), MGM Resorts (NYSE: MGM). “Visitation was up 8.6% to 3.13 million visitors, on a large increase in convention attendance.' Hudson...
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MGM Struggles To Erase Shortfalls, Hudson Securities Reports
Monday, February 14, 2011 - 1:07pm | 180Read More...MGM Resorts International (NYSE: MGM) reported 4Q10 reported company EBITDA of $252 million, versus StreetAccount consensus of $289 million, Hudson Securities reports. “In Las Vegas, MGM reported EBITDA from its wholly-owned properties of $217 million, which was $20 million below consensus,” Hudson...
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Hudson Securities Previews MGM 4Q
Friday, February 11, 2011 - 2:03pm | 233Read More...MGM Resorts International (NYSE: MGM) reports 4Q10 results before the bell on Monday and will hold a call at 11:00 a.m. EST, Hudson Securities reports. “Our current 4Q10 EBITDA estimate of $304 million is $14 million above the Street,” Hudson Securities writes. “MGM does not guidance. We don't...
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Sterne Agee Raises Estimates On MGM
Monday, January 24, 2011 - 11:32am | 125Read More...Sterne Agee is raising its 4Q10, CY11 and CY12 estimates for MGM Resorts International (NYSE: MGM). “However, we note that our estimates project little negative impact from the aforementioned Cosmo opening or potential impact from rising gas prices, key risks in our view,” Sterne Agee writes. “Our...
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MGM Reports Slow Growth, Concerns Remain
Wednesday, July 28, 2010 - 8:27am | 61Read More...MGM Resorts International (NYSE: MGM) had a 2Q that afforded Citigroup to raise its EPS for MGM from 7% to 19%, due to improvements in condo sales, ADR, and debt and operating expenses, according to Citigroup. Citigroup maintains its "sell" rating, but has raised the price target from $9 to $9.90...
