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) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day down 0.5%. By the end of trading, MGM Resorts International rose $0.22 (1.3%) to $17.46 on average volume. Throughout the day, 9,120,857 shares of MGM Resorts International exchanged hands as compared to its average daily volume of 8,824,000 shares. The stock ranged in a price between $17.19-$17.56 after having opened the day at $17.22 as compared to the previous trading day's close of $17.24. Other companies within the Leisure industry that increased today were:
), up 5.6%,
), up 3.6%,
), up 2.4% and
), up 2.3%.
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MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts. The company operates in two segments, Wholly Owned Domestic Resorts and MGM China. Its resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. MGM Resorts International has a market cap of $8.4 billion and is part of the services sector. Shares are up 48.1% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate MGM Resorts International a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates MGM Resorts International as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity.
- You can view the full MGM Resorts International Ratings Report.
On the negative front,
), down 5.2%,
), down 4.0%,
), down 4.0% and
), down 3.6% , were all laggards within the leisure industry with
) being today's leisure industry laggard.
- Use our leisure section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
) while those bearish on the leisure industry could consider
- Find other investment ideas from our top rated ETFs lists.