MGM NYSE
Credit Risk of going bust: higher than 58% of companies Debt: 80.6% of company value Bonds: $261.0M held by 243 funds, 155 bp over Treasuries → details ▾
If the stock fell to about $1.56 (down 94%), MGM Resorts International would be worth roughly what it owes.
Total debt $29.85B against a stock market value of $7.18B.
Distance to default 4.37 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $3.03B (short-term plus half of long-term), stock volatility 38.7%; Altman Z'' 0.60. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Las Vegas, NV 89109
US
MGM Resorts International, through its various divisions, manages and possesses casino, lodging, and entertainment complexes across the United States and Macau. The company's operations are segmented into three main areas: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its resort properties offer a comprehensive suite of amenities including gaming facilities, accommodation, convention spaces, dining options, entertainment venues, retail outlets, and more. Beyond traditional slots and table games, its casino activities also encompass online sports wagering and iGaming through its BetMGM platform. As of February 17, 2021, its extensive portfolio comprised 29 distinct hotel and gaming destinations. Notable assets include its properties on the Las Vegas Strip and the Fallen Oak golf course. The company caters to a diverse clientele, including high-stakes gamblers, vacationers, wholesale travel groups, business travelers, and organizational clients such as conventions, trade groups, and small conferences. Originally known as MGM MIRAGE, the firm rebranded to MGM Resorts International in June 2010. Established in 1986, MGM Resorts International is headquartered in Las Vegas, Nevada.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| HORNBUCKLE WILLIAM | M-Exempt | 32,441 | — | 2026-10-07 |
| HORNBUCKLE WILLIAM | F-InKind | 12,766 | $30.00 | 2026-10-07 |
| HORNBUCKLE WILLIAM | M-Exempt | 32,441 | — | 2026-10-07 |
| McManus John | M-Exempt | 7,299 | — | 2026-10-07 |
| McManus John | F-InKind | 2,873 | $30.00 | 2026-10-07 |