MGM Resorts International (NYSE:MGM) During the most recent session, the shares traded at 0.14 points or 0.64% higher at $22.06. The money flow data is unimpressive with the net money flow value of $(-0.68) million. As per the intraday data, the upticks measured $1.8 million and the downticks measured $2.48 million. As a result, the up/down ratio registered a value of 0.73. The shares have seen 0.64% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $0.58 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-0.58) million.
Shares of MGM Resorts International rose by 5.72% in the last five trading days and 6.35% for the last 4 weeks. MGM Resorts International has dropped 4.84% during the last 3-month period . Year-to-Date the stock performance stands at -4.84%. Currently the company Insiders own 1.05% of MGM Resorts International shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 8.82% . Institutional Investors own 70.94% of MGM Resorts International shares. During last six month period, the net percent change held by insiders has seen a change of 1.29%.
Many Wall Street Analysts have advised their investors on the company shares.Company shares were Reiterated by UBS on Mar 7, 2016 to Buy, Raises Price Target to $ 28 from a previous price target of $27 .
MGM RESORTS INTERNATIONAL Last issued its quarterly earnings results on Feb 18, 2016. The company reported $-0.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.12. Analyst had a consensus of $0.09. The company had revenue of $2191.90 million for the quarter, compared to analysts expectations of $2252.58 million. The companys revenue was down -8.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.66 EPS.
Company has reported several Insider transactions to the SEC, on Mar 15, 2016, Roland A Hernandez (director) sold 12,285 shares at 21.06 per share price.On Mar 15, 2016, William Warwick Grounds (director) purchased 1,250 shares at 20.77 per share price.On Mar 10, 2016, Phyllis James (EVP SPECIAL COUNSEL-LITIGATION) sold 18,520 shares at 20.30 per share price.
MGM Resorts International (NYSE:MGM) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.3 points or 1.37% at $21.62 with 5,648,850 shares getting traded. Post opening the session at $21.82, the shares hit an intraday low of $21.49 and an intraday high of $22.1 and the price was in this range throughout the day. The company has a market cap of $12,212 million and the number of outstanding shares have been calculated to be 564,861,090 shares. The 52-week high of MGM Resorts International (NYSE:MGM) is $24.41 and the 52-week low is $16.18.
MGM Resorts International is a holding company. Through its wholly owned subsidiaries, the Company owns and operates casino resorts. The Company operates in two segments: wholly owned domestic resorts and MGM China. The wholly owned domestic resorts segment includes non-gaming operations, including hotel, food and beverage, entertainment and other non-gaming amenities. Its casino operations feature a variety of table games, and race and sports book wagering. It operates over 15 wholly owned resorts in the United States. The MGM China segments operations consist of the MGM Macau resort and casino (MGM Macau) and the development of a gaming resort in Cotai, Macau. It owns and operates two resorts in Mississippi, which includes Beau Rivage in Biloxi and Gold Strike Tunica. It also owns Shadow Creek, Primm Valley Golf Club at the California/Nevada state line and Fallen Oak golf course in Saucier, Mississippi.