MGM Resorts International Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
-11.1%projected annual EPS growth
Analyst Coverage
18analysts covering
FY EPS (est.)
$1.91next fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release | 28 Oct 2026 |
Monitoring Framework
Key Performance Indicators
Las Vegas Strip Hotel Occupancy Rate Quarterly9,200.0%Target: Maintain above 90% to optimize pricing power and labor utilization
Las Vegas Strip Average Daily Rate (ADR) Quarterly25,700.0%Target: Stabilize or grow year-over-year through luxury and convention demand
Las Vegas Strip Revenue Per Available Room (RevPAR) Quarterly238.0Target: Rebound to positive year-over-year growth as room remodels complete
MGM Digital Net Revenue Growth Quarterly4,300.0%Target: Maintain high double-digit growth driven by BetMGM and LeoVegas
Watch Items
- Acquisition Proposal from People Incorporated (formerly IAC)Trigger: $48.30 per share non-binding cash offerAction: Monitor MGM Board of Directors' review and response to the non-binding proposal from People Incorporated.
- Las Vegas Strip Margin CompressionTrigger: Segment Adjusted Property EBITDAR margin decline (e.g., down to 34.4% in Q1 2026)Action: Track self-insurance accruals, labor costs, and the efficacy of all-inclusive promotional packages at lower-tier properties
- MGM Osaka Integrated Resort DevelopmentTrigger: Targeted opening in 2030 with 2026 funding of $200M - $225MAction: Verify construction milestones (foundation piles, concrete, and steel erection) and regulatory compliance in Japan
Research as of 2 Sep 2026