|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||30.74 - 31.12|
|52-week range||25.15 - 34.65|
|PE ratio (TTM)||18.37|
|Earnings date||8 Nov. 2017|
|Forward Dividend & Yield||0.44 (1.44%)|
|1y target est||36.71|
A stronger and simplified Caesars Entertainment is upgrading its Las Vegas properties while eyeing domestic acquisitions and development outside the U.S., after its largest operating unit emerged from a contentious and expensive bankruptcy dubbed “Godzilla vs. Godzilla” because of the power players involved. Caesars (CZR) is the largest U.S.-focused gambling company, and No. 2 behind MGM Resorts International (MGM) in the country’s largest market, Las Vegas, where it operates nine hotel/casinos, including Caesars Palace, and generates about 60% of its cash flow. Wall Street has warmed to the Caesars story this year in a strong market for casino operators.
Despite the MGM Resorts International (MGM) tragedy at the Vegas strip, the gambling mecca and expansion in Macau could reap financial rewards, but analysts are struggling to find catalysts for the stock. Stifel's Steven M. Wieczynski and Brad J. Boyer downgraded MGM shares to hold from buy Wednesday, and cut their price target to $33 from $38, sending shares lower by 0.6%. They prefer Las Vegas Sands (LVS).
IBM, MGM Resorts, Amazon, Rio Tinto, AMC, Regal, Cinemark and Marcus are among the stocks to watch.
MGM Resorts International acquired the San Antonio Stars of the Women’s National Basketball Association and will move the team to Las Vegas, the latest move in the nation’s gambling capital to embrace ...
LAS VEGAS (AP) — Las Vegas' tourism sector is bracing for changes in the aftermath of the massacre that killed 58 people at an outdoor music festival.
MGM Resorts International said Las Vegas Metropolitan Police were on the premises of its Mandalay Bay hotel when a deranged guest began firing on concert goers in an Oct. 1 attack that killed 58 people....
A revised timeline of events is raising questions about how MGM Resorts International and Las Vegas police responded to the mass shooting on Oct. 1 that left 58 people dead and hundreds more injured.
Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. NORTHERN CALIFORNIA WILDFIRES DEATH TOLL EXPECTED TO RISE The fast-moving blazes, many of which ...
The revised timeline given by investigators for the Las Vegas massacre raises questions about whether better communication might have allowed police to respond more quickly and take out the gunman before he could kill and wound so many people.
You can't blame J.P. Morgan for burying the fact that it raised its price target on Wynn Resorts (WYNN) shares by 18% Thursday. That's because the new target of $150 is just a hair above the current price ...
MGM Resorts was downgraded at Susquehanna, which cited expectations that the Las Vegas tragedy will lead to lower profit and bookings in the coming months.
Are we headed for another crash in stocks? We could be, so here’s a way to protect yourself while remaining invested, says Nigam Arora.
Stocks of leading Las Vegas-focused casino operators lost value after the rampage on the Strip. This may keep tourists away from the region for the time being and hamper casino operators' performance.
The Zacks Analyst Blog Highlights: MGM Resorts, Wynn Resorts, Caesars Entertainment, Las Vegas Sands and American Outdoor Brands
Stocks that moved substantially or traded heavily Monday: Nordstrom Inc., down $2.97 to $44.18 The New York Post said a deal to sell the department store to the Nordstrom family is in trouble. Halliburton ...
Casino stocks initially fell Monday but ended mixed as markets reacted to a mass shooting at a music festival in Las Vegas.
A gunman identified as 64-year-old Stephen Paddock from Mesquite, Nevada opened fire on a crowd at a country-music concert in Las Vegas on Sunday evening.
Shares of MGM Resorts (MGM) have tumbled nearly 5% today following the horrific-and-deadly mass shooting attack from one of its Las Vegas hotel windows. Investors should keep in mind that while the United States accounted for the majority of MGM's revenue of $10.3 billion over the last 12 months, China's gambling playground of Macau accounted for roughly 20% of revenue in that period, according to FactSet, and operations there are expanding. Macau revenue has tumbled nearly 16% year-on-year following Chinese government crackdowns on money laundering, fraud and crime that have curbed high-roller and VIP spending.
Updated: at this time, 58 people have been killed, and 515 injured, making this the deadliest mass shooting in modern U.S. history. Monday morning saw shares of some of the biggest casino stocks react to the news.
Shares in MGM Resorts International were trading sharply lower Monday in the wake of a mass shooting at the company’s Mandalay Bay property in Las Vegas on Sunday night. On a day when the Standard & Poor's 500 was up 0.22%, shares of MGM (ticker:ticker:NYSE:MGM) were down 4.54% in midday trading Monday. Shares of rival operators Wynn Resorts ( WYNN) and Las Vegas Sands (LVS) were down 1.84% and 0.07%, respectively. At around 10 p.m. Mountain Time Sunday night, a lone gunman opened fire on a crowd at an outdoor country-music concert in Las Vegas.
The appetite for discussing stocks and markets ahead of today's opening bell is substantially curbed by news reports that Las Vegas' Mandalay Bay was struck by the worst mass shooting in U.S. history.
Shares in MGM Resorts International are trading sharply lower Monday in the wake of a mass shooting at the company’s Mandalay Bay property in Las Vegas.