Davis Selected Advisers has disclosed a 9.6% beneficial ownership stake in MGM Resorts International, holding 24,043,354 shares of common stock as of September 30, 2026. This stake gives the investment adviser sole voting authority over 23,274,889 shares and sole dispositive authority over all 24,043,354 shares. The filing specifies that these shares were acquired and are held in the ordinary course of business, not for the purpose of influencing company control.
Original sourceMGM RESORTS INTERNATIONAL
Public company snapshot, recent ticker-linked headlines, and a path into evidence-backed AI research.
Latest price
$32.34
-0.61%
Alpha Vantage · 11/6/2026
One-year price history
Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
+7.8%
3 months
-25.4%
6 months
-16.6%
1 year
+1.9%
Year to date
-11.4%
52-week range
$27.27 – $50.69
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$8.18B
P/E
11.8
P/B
3.3
P/S
0.5
Revenue
$17.72B
Net income
$694.07M
Diluted EPS
2.6
Gross margin
43.60%
Net margin
3.90%
Return on equity
28.10%
Total debt
$29.51B
Cash
$2.4B
Free cash flow
$1.93B
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $4.21B | -$17.11M | 41.20% | -0.40% | $318.31M |
| Jun 30, 2026 | $4.45B | $292.43M | 44.50% | 6.60% | $824.39M |
| Mar 31, 2026 | $4.45B | $125.14M | 44.70% | 2.80% | $418.75M |
| Dec 31, 2025 | $4.61B | $293.61M | 44.00% | 6.40% | $365.04M |
| Sep 30, 2025 | $4.25B | -$285.26M | 43.40% | -6.70% | $405.97M |
| Jun 30, 2025 | $4.4B | $48.95M | 44.50% | 1.10% | $377.46M |
| Mar 31, 2025 | $4.28B | $148.55M | 45.80% | 3.50% | $319.1M |
| Dec 31, 2024 | $4.35B | $157.43M | 44.90% | 3.60% | $277.25M |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
Recent MGM news
All market newsWynn Resorts' stock dropped 3.71% after its Q3 2026 results missed revenue and EPS expectations across all major resort operations. Despite recent short-term gains, the stock is down significantly over the past year, though it is currently considered 35% undervalued by a popular narrative. However, risks like higher labor costs and potential project delays could challenge this valuation.
Original sourceBy Dan Whateley You're currently following this author! Click to unsubscribe from email alerts. Barry Diller told Business Insider's Peter Kafka that "forever assets" like MGM and its Las Vegas resorts are protected from AI disruption. Carl Timpone/ BFA Media mogul Barry Diller thinks businesses that operate in the rea
Original source