Added to YB: 2026-06-10
Pitch date: 2026-06-07
MGM [neutral]
MGM Resorts International
-0.7%
current return
Author Info
No bio for this author
Company Info
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.
Market Cap
$12.1B
Pitch Price
$47.48
Price Target
60.00 (+27%)
Dividend
N/A
EV/EBITDA
9.07
P/E
67.97
EV/Sales
2.38
Sector
Hotels, Restaurants and Leisure
Category
special_situation
People's $48.30 bid for MGM
MGM (holding update): PPLI's $48.30 non-binding cash bid; stock $47.51. Author values at $60 (SOTP: BetMGM+MGM China $26-28, casinos $2bn EBITDA at 6-9x). ~$9bn financing gap + shareholder approval = key risks; if deal fails, stock back to high 30s/low 40s. ~25% upside, 7.7% IRR over 3yrs. Holding.
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