The mgm stock price forecast models now incorporate AI-driven marketing analytics that enhance customer loyalty programs, expected to drive recurring revenue growth. Last week saw the newest first-quarter earnings release from MGM Resorts International ( NYSE:MGM ), an important milestone in the company's journey to build a stronger business. It was a credible result overall, with revenues of US$4.3b and statutory earnings per share of US$0.51 both in line with analyst estimates, showing that MGM Resorts International is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. We have seen 269 institutional investors add shares of $MGM stock to their portfolio, and 450 decrease their positions in their most recent quarter. The mgm stock price forecast currently integrates a 5% sector premium over historical averages due to sustained tourism growth and elevated corporate event bookings in Las Vegas venues.
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