|Bid||4.280 x 0|
|Ask||4.290 x 0|
|Day's range||4.220 - 4.450|
|52-week range||3.570 - 6.420|
|Beta (5Y monthly)||1.27|
|PE ratio (TTM)||8.43|
|Earnings date||24 Feb 2022 - 28 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||03 Jun 2020|
|1y target est||5.60|
MGM (MGM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Casino operator MGM China Holding said it will inject 4.8 billion patacas ($594 million) into its MGM Grande Paradise unit as it prepares to re-tender for a licence to operate its gaming business in Macau. Under the terms of a revised gaming law released by Macau's legislature earlier this year, a casino needs a minimum capital requirement of 5 billion patacas, and the managing director of the concessionaire must be a Macau permanent resident holding at least 15% of its capital. MGM China, the Chinese arm of U.S. gambling giant MGM Resorts International, said in a filing on Sunday that if the company is awarded the new concession, co-chairperson Pansy Ho will fill that role.
MGM Resorts' (MGM) second-quarter 2022 performance is likely to benefit from sports betting expansion, digitalization efforts and its loyalty program.