MGM Resorts stock slips below the USD 48.30 offer reference
Published on 09/21/2026 at 14:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
MGM Resorts International stock (ISIN US5529531015) closed at USD 37.81 on the New York Stock Exchange on September 18, 2026, down 1.3 percent from the prior session. The shares finished well below the previously discussed USD 48.30 transaction reference and traded between USD 37.50 and USD 38.45 that day.
July 29 figures still frame the story
According to MarketBeat, MGM Resorts reported USD 0.59 in earnings per share for the quarter released on July 29, 2026, and beat the consensus estimate of USD 0.56 by USD 0.03. The same page says revenue rose 2.2 percent year over year, which gives the stock a current earnings backdrop even after the recent slide.
Consensus stays constructive
MarketBeat lists a consensus price target of USD 53.25 and a consensus rating of Moderate Buy on September 21, 2026, which implies 40.8 percent upside from the USD 37.81 close. Its coverage count stands at 22 analysts, with 2 strong buy ratings, 10 buy ratings, 8 hold ratings and 2 sell ratings.
For investors, the gap between the closing price and the USD 53.25 target is the key marker, while the 52-week range on MarketBeat stretches from USD 29.19 to USD 51.59. Volume reached 7.85 million shares in the session tied to the September 18, 2026 close.
Price stays below the range top
MGM Resorts stock stood at USD 37.81 on September 18, 2026, with a market capitalization of USD 9.51 billion, according to MarketBeat. The price was 26.7 percent below the 52-week high of USD 51.59 and 29.7 percent above the 52-week low of USD 29.19.
MGM Resorts stock snapshot
- Company: MGM Resorts International
- ISIN: US5529531015
- Ticker: MGM
- Trading venue: New York Stock Exchange
- Price (as of September 18, 2026): USD 37.81
- Market capitalization: USD 9.51 billion (as of September 18, 2026)
- Sector / Industry: Consumer Discretionary / Casinos & Gaming
- Index membership: S&P 500
