But DraftKings, perhaps unfairly, was caught up in the meme stock movement. Some investors will point out that the stock is down 76% from its peak in 2021. And the stock is up over 80% from when it went public in 2019. DKNG stock is up 17.8% in the last 12 months. (NASDAQ: DKNG) stock is among the biggest winners in the last 12 months. The King Continues to Go After the ThroneĭraftKings Inc. Analysts tracked by give MGM stock a price target of $51.61, a 22% gain from the current price. The company has a trailing price-to-earnings (P/E) ratio of 12.48 and a debt-to-income ratio of around 1.30%.

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In addition to that, MGM is expected to post average EPS growth of approximately 27% in the next five years with revenue averaging high single-digit growth in that same timeframe. That's in-line with the mid-point of analysts' estimates. And the company is guiding to earnings per share of 87 cents for 2023. That made it three out of four profitable quarters for MGM.

But in its last earnings report, MGM reported record revenue of $3.59 billion and an unexpected profit of 69 cents per share. The company's earnings have taken a beating in the last three years. The latter stands to benefit from the reopening of Macau casinos. The company combines the benefits of a sportsbook (BetMGM) with a portfolio of brick-and-mortar casino properties. The first of the three sports betting stocks to consider is MGM Resorts International (NYSE: MGM).

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