MGM Resorts (MGM) Misses Q4 EPS, Initiates Dividend
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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
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
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
