MGM
MGM Resorts International Consumer Discretionary - Casinos Investor Relations →
MGM Resorts International (MGM) closed at $37.49 as of 2026-02-02, trading 1.0% below its 200-week moving average of $37.86. This places MGM in the below line zone. The stock moved further from the line this week, up from -11.4% last week. The 14-week RSI sits at 68, indicating neutral momentum.
Over the past 1922 weeks of data, MGM has crossed below its 200-week moving average 32 times. On average, these episodes lasted 17 weeks. Historically, investors who bought MGM at the start of these episodes saw an average one-year return of +24.2%.
With a market cap of $10.3 billion, MGM is a large-cap stock. Return on equity stands at 14.9%. The stock trades at 4.0x book value.
The company has been aggressively buying back shares, reducing its share count by 35.1% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in MGM would have grown to $594, compared to $2849 for the S&P 500. MGM has returned 5.5% annualized vs 10.6% for the index, underperforming the broader market over this period.
In the past 12 months, corporate insiders have made 2 open-market purchases totaling $40,206,252. Notably, these purchases occurred while MGM is trading below its 200-week moving average — insiders are buying when the market is most pessimistic.
Free cash flow has been growing at a 11.1% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: MGM vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MGM Crosses Below the Line?
Across 28 historical episodes, buying MGM when it crossed below its 200-week moving average produced an average return of +16.0% after 12 months (median +24.0%), compared to +12.2% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was +54.9% vs +36.2% for the index.
Each line shows $100 invested at the moment MGM crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MGM has crossed below its 200-week MA 32 times with an average 1-year return of +24.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1989 | May 1989 | 4 | 0.9% | +23.8% | +1420.7% |
| Feb 1990 | Feb 1990 | 1 | 2.3% | -12.6% | +1140.2% |
| Apr 1990 | Apr 1990 | 2 | 1.7% | +8.7% | +1128.2% |
| Aug 1990 | Mar 1991 | 33 | 25.4% | -3.0% | +1190.3% |
| Jun 1991 | Oct 1991 | 15 | 9.3% | -2.9% | +1128.2% |
| Oct 1991 | Jun 1992 | 32 | 21.3% | +53.1% | +1230.6% |
| Jun 1992 | Jun 1992 | 1 | 1.8% | +152.5% | +1164.7% |
| Jul 1995 | Aug 1995 | 3 | 1.4% | +64.0% | +538.7% |
| Aug 1995 | Sep 1995 | 2 | 2.1% | +51.5% | +538.7% |
| Sep 1995 | Jan 1996 | 14 | 13.4% | +69.6% | +526.2% |
| Apr 1997 | Apr 1997 | 1 | 0.8% | +4.8% | +391.3% |
| May 1998 | Feb 1999 | 38 | 30.1% | +26.6% | +381.1% |
| Mar 1999 | Apr 1999 | 1 | 2.3% | +44.4% | +379.3% |
| Feb 2000 | Mar 2000 | 1 | 0.5% | +38.6% | +319.2% |
| Sep 2001 | Oct 2001 | 2 | 22.7% | +95.2% | +341.3% |
| Oct 2001 | Nov 2001 | 3 | 4.0% | +49.2% | +251.6% |
| Jan 2003 | Mar 2003 | 9 | 13.8% | +46.1% | +190.0% |
| Mar 2003 | Jun 2003 | 9 | 9.2% | +59.6% | +170.9% |
| Apr 2008 | May 2008 | 1 | 1.7% | -84.1% | -19.9% |
| May 2008 | Feb 2012 | 194 | 95.9% | -83.9% | -15.9% |
| Feb 2012 | Feb 2012 | 1 | 0.1% | -11.3% | +183.5% |
| Apr 2012 | Dec 2012 | 32 | 17.4% | +17.6% | +218.3% |
| Feb 2016 | Feb 2016 | 3 | 4.1% | +61.4% | +122.0% |
| Oct 2018 | Jan 2019 | 11 | 14.2% | +15.0% | +55.1% |
| Mar 2019 | Apr 2019 | 3 | 2.9% | -39.9% | +47.3% |
| Apr 2019 | Jun 2019 | 6 | 7.4% | -41.0% | +47.4% |
| Feb 2020 | Nov 2020 | 39 | 67.5% | +55.1% | +53.9% |
| Jun 2022 | Jul 2022 | 6 | 9.5% | +52.6% | +34.2% |
| Sep 2022 | Oct 2022 | 4 | 5.2% | +21.6% | +24.8% |
| Oct 2023 | Oct 2023 | 1 | 2.0% | +17.9% | +9.5% |
| Jul 2024 | Oct 2024 | 11 | 11.8% | +0.8% | +5.7% |
| Oct 2024 | Ongoing | 67+ | 32.4% | Ongoing | +3.0% |
| Average | 17 | — | +24.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02