After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.
Stocks Info
This NYSE-listed company operates within the Resorts & Casinos industry segment, falling under the Consumer Cyclical sector. The current market capitalization of MGM Resorts International is $10.29B. A total of 4.85 million shares were traded on the day, compared to an average of 4.30M shares.
In the most recent transaction, Meister Keith A. sold 51,000 shares of MGM for 36.57 per share on Dec 13 ’24. After the transaction, the Director now owns 5,687,478 company shares. In a previous transaction on Dec 13 ’24, Corvex Management LP bought 51,000 shares at 36.60 per share.
Among the insiders who sold shares, Meister Keith A. disposed of 121,000 shares on Sep 13 ’24 at a per-share price of $36.72. This resulted in the Director holding 5,738,478 shares of MGM after the transaction. In another insider transaction, Corvex Management LP bought 121,000 shares at $34.97 per share on Sep 13 ’24.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, MGM has a high of $48.24 and a low of $31.61.
As of this writing, MGM has an earnings estimate of $0.37 per share for the current quarter. EPS was calculated based on a consensus of 12.0 estimates, with a high estimate of $0.72 per share and a lower estimate of $0.18.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MGM’s latest balance sheet shows that the firm has $4.70B in Cash & Short Term Investments as of fiscal 2021. There were $24.69B in debt and $3.44B in liabilities at the time. Its Book Value Per Share was $10.89, while its Total Shareholder’s Equity was $11.12B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MGM is Buy with a score of 4.67.
