MGM Resorts International Reports Fourth Quarter And Full Year Financial And Operating Results; Announces Quarterly Dividend

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MGM Resorts (MGM) PT Lowered to $33 at Aegis Capital

February 17, 2017 8:32 AM EST

Aegis Capital lowered its price target on MGM Resorts (NYSE: MGM) to $33.00 (from $35.00) while maintaining a Buy rating.

Analyst David Bain commented, "MGM put itself in the show-me category yesterday, essentially calling out 3Q16 and 4Q15 as somewhat lower-quality, boosted by calendar and one-time... More

MGM Resorts (MGM) PT Lowered to $34 at Instinet Following 4Q Miss

February 17, 2017 6:19 AM EST

Instinet Equity Research analyst Harry Curtis maintains Buy rating, but lowers price target on MGM Resorts International (NYSE: MGM) to $34 from $35, suggesting management's weak clarifications hurt its credibility, as the company reported a 2016 fourth quarter miss, despite returning cash to shareholders for the... More

MGM Resorts (MGM) Initiates $0.11 Quarterly Dividend; 1.5% Yield

February 16, 2017 7:44 AM EST

MGM Resorts (NYSE: MGM) declared a quarterly dividend of $0.11 per share, or $0.44 annualized.

The dividend will be payable on March 15, 2017, to stockholders of record on March 10, 2017, with an ex-dividend date of March 8, 2017.

The annual yield on the dividend is 1.5... More

MGM Resorts (MGM) Misses Q4 EPS, Initiates Dividend

February 16, 2017 7:42 AM EST

MGM Resorts (NYSE: MGM) reported Q4 EPS of $0.11, $0.09 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $2.46 billion versus the consensus estimate of $2.46 billion.

MGM Resorts Dividend:

The Company's Board of Directors approved a quarterly dividend on February 15,... More