Home / Stocks / MGM

MGM Resorts International (MGM, Casinos & Gaming) Stock Valuation & Fair Value Significantly overvalued

MGM Resorts International (MGM, Casinos & Gaming) trades at a blended P/E of 18.4, about 38% below its historical normal valuation, with a forward growth estimate of 0.1% and a PEG of 204.56. Analysts' one-year estimates have been hit 18% of the time.

DATA AS OF 2026-08-21
Blended P/E
18.4
Normal P/E
29.7
PEG
204.56
Fwd growth
0.1%
Div yield
0.0%
RSI (14)
39.3
Neutral

The Street vs SeerForecast

Wall Street's mean price target for MGM is $50.57 across 18 analysts, 15.6% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from trading above fair value (2026-06-10) to significantly overvalued (2026-08-21).

Price and rating by weekClose moved -6.0 percent from 2026-06-10 to 2026-08-17, with 2 rating changes over 20 recorded weeks.2026-06-10: Trading above fair value, close 46.91 (recalculated)2026-06-14: Trading above fair value, close 48.97 (recalculated)2026-06-16: Trading above fair value, close 47.98 (recalculated)2026-06-21: Trading above fair value, close 46.84 (recalculated)2026-07-02: Trading above fair value, close 47.10 (recalculated)2026-07-06: Trading above fair value, close 46.88 (recalculated)2026-07-09: Trading above fair value, close 46.44 (recalculated)2026-07-12: Trading above fair value, close 46.88 (recalculated)2026-07-13: Trading above fair value, close 47.24 (recalculated)2026-07-14: Trading above fair value, close 46.67 (recalculated)2026-07-20: Trading above fair value, close 46.34 (recalculated)2026-07-22: Trading above fair value, close 45.49 (recalculated)2026-07-25: Trading above fair value, close 45.54 (recalculated)2026-07-27: Trading above fair value, close 46.30 (recalculated)2026-07-31: Significantly overvalued, close 44.57 (recalculated)2026-08-03: Significantly overvalued, close 44.572026-08-07: Significantly overvalued, close 44.47 (recalculated)2026-08-10: Significantly overvalued, close 44.472026-08-14: Trading above fair value, close 44.10 (recalculated)2026-08-17: Trading above fair value, close 44.1047442026-06-102026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-10P/E 18.1-39%Trading above fair value
2026-06-14P/E 18.1-39%Trading above fair value
2026-06-16P/E 18.1-39%Trading above fair value
2026-06-21P/E 18.1-39%Trading above fair value
2026-07-02P/E 18.9-36%Trading above fair value
2026-07-06P/E 18.6-37%Trading above fair value
2026-07-09P/E 18.6-37%Trading above fair value
2026-07-12P/E 18.7-37%Trading above fair value
2026-07-13P/E 18.7-37%Trading above fair value
2026-07-14P/E 18.7-37%Trading above fair value
2026-07-20P/E 18.8-36%Trading above fair value
2026-07-22P/E 18.8-36%Trading above fair value
2026-07-25P/E 18.8-37%Trading above fair value
2026-07-27P/E 18.8-37%Trading above fair value
2026-07-31P/E 18.6-37%Significantly overvalued
2026-08-03P/E 18.2-39%Significantly overvalued
2026-08-07P/E 18.5-38%Significantly overvalued
2026-08-10P/E 18.5-38%Significantly overvalued
2026-08-14P/E 18.6-37%Trading above fair value
2026-08-17P/E 18.6-37%Trading above fair value
2026-08-21P/E 18.4-38%Significantly overvalued ← now

Frequently asked questions

Is MGM Resorts International stock overvalued?

At a blended P/E of 18.4 versus its historical normal P/E of 29.7, MGM Resorts International trades about 38% below its typical valuation, with a PEG of 204.56 on 0.1% forward growth. tickerseer currently rates it significantly overvalued.

What is MGM Resorts International's fair value and PEG?

MGM Resorts International trades at a blended P/E of 18.4 against a historical normal P/E of 29.7, a PEG of 204.56, and a forward growth estimate of 0.1%.

Has tickerseer's rating of MGM Resorts International changed?

tickerseer's rating moved from trading above fair value (2026-06-10) to significantly overvalued (2026-08-21).

What is the analyst price target for MGM Resorts International?

The mean Wall Street price target for MGM Resorts International is $50.57 across 18 analysts, 15.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Casinos & Gaming. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

See the full analysis →🔔 Track MGM free: valuation & earnings alerts

Get the free weekly earnings preview

One email each Monday with the week's named earnings setups, the reasoning, and what settled last week. Strikes and sizing stay in Premium.

It's free, and you can unsubscribe any time. Educational content, not investment advice.