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MGM

MGM - MGM Resorts International Stock Price, Fair Value and News

40.10USD-0.54 (-1.33%)Delayed as of 08 May 2024, 02:17 pm ET

Market Summary

MGM
USD40.10-0.54
Delayedas of 08 May 2024, 02:17 pm
-1.33%

MGM Alerts

  • Big fall in earnings (Y/Y)

MGM Stock Price

View Fullscreen

MGM RSI Chart

MGM Valuation

Market Cap

12.8B

Price/Earnings (Trailing)

14.28

Price/Sales (Trailing)

0.76

EV/EBITDA

6.71

Price/Free Cashflow

8.11

MGM Price/Sales (Trailing)

MGM Profitability

EBT Margin

7.02%

Return on Equity

22.17%

Return on Assets

2.12%

Free Cashflow Yield

12.33%

MGM Fundamentals

MGM Revenue

Revenue (TTM)

16.7B

Rev. Growth (Yr)

13.17%

Rev. Growth (Qtr)

0.18%

MGM Earnings

Earnings (TTM)

892.8M

Earnings Growth (Yr)

-53.41%

Earnings Growth (Qtr)

-30.62%

Breaking Down MGM Revenue

52 Week Range

34.4951.35
(Low)(High)

Last 7 days

3.1%

Last 30 days

-12.6%

Last 90 days

-9.1%

Trailing 12 Months

-6.4%

How does MGM drawdown profile look like?

MGM Financial Health

Current Ratio

1.51

Debt/Equity

1.56

Debt/Cashflow

0.4

MGM Investor Care

Dividend Yield

0.03%

Dividend/Share (TTM)

0.01

Buy Backs (1Y)

13.78%

Diluted EPS (TTM)

2.61

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202416.7B000
202314.1B14.8B15.4B16.2B
202210.9B11.9B12.6B13.1B
20214.6B6.5B8.1B9.7B
202012.0B9.0B6.9B5.2B
201912.1B12.5B12.8B12.9B
201810.9B11.1B11.3B11.8B
201710.0B10.4B10.7B10.8B
20168.9B8.6B8.6B9.5B
201510.6B10.4B10.1B9.2B
201410.8B10.9B11.0B10.8B
201310.0B10.1B10.3B10.6B
20129.3B9.9B9.9B9.9B
20116.7B7.0B7.7B8.5B
20106.6B6.7B6.7B6.7B
200907.5B7.1B6.7B
20080007.9B
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Tracking the Latest Insider Buys and Sells of MGM Resorts International

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 01, 2024
herman alexis
acquired
-
-
4,344
-
May 01, 2024
winston ben
acquired
-
-
4,344
-
May 01, 2024
mckinney-james rose
acquired
-
-
869
-
May 01, 2024
taylor daniel j
acquired
-
-
4,344
-
May 01, 2024
swartz janet
acquired
-
-
4,344
-
May 01, 2024
jammet mary chris
acquired
-
-
4,344
-
Apr 01, 2024
mcmanus john
sold (taxes)
-122,795
47.78
-2,570
chief legal admin ofc and secy
Apr 01, 2024
sanders corey ian
sold (taxes)
-166,561
47.78
-3,486
chief operating officer
Apr 01, 2024
sanders corey ian
acquired
-
-
8,856
chief operating officer
Apr 01, 2024
mcmanus john
acquired
-
-
6,529
chief legal admin ofc and secy

1–10 of 50

Which funds bought or sold MGM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
added
0.22
100,083
1,797,520
0.02%
May 06, 2024
Quantbot Technologies LP
new
-
1,346,950
1,346,950
0.08%
May 06, 2024
DUALITY ADVISERS, LP
sold off
-100
-517,350
-
-%
May 06, 2024
Parallel Advisors, LLC
added
15.87
67,891
370,597
0.01%
May 06, 2024
Schechter Investment Advisors, LLC
added
11.02
111,711
757,248
0.06%
May 06, 2024
Investors Research Corp
reduced
-1.26
42,298
1,018,560
0.24%
May 06, 2024
Metis Global Partners, LLC
reduced
-4.77
2,521
408,886
0.01%
May 06, 2024
SG Americas Securities, LLC
added
379
1,881,000
2,344,000
0.01%
May 06, 2024
BOYAR ASSET MANAGEMENT INC.
added
4.58
115,238
1,212,400
0.79%
May 06, 2024
BANQUE PICTET & CIE SA
reduced
-25.45
-65,780
244,076
-%

1–10 of 48

Are Funds Buying or Selling MGM?

Are funds buying MGM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MGM
No. of Funds

Unveiling MGM Resorts International's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 16, 2024
t. rowe price investment management, inc.
2.1%
7,130,512
SC 13G/A
Feb 14, 2024
t. rowe price investment management, inc.
2.1%
7,130,512
SC 13G
Feb 13, 2024
vanguard group inc
8.92%
30,476,791
SC 13G/A
Jan 29, 2024
blackrock inc.
6.3%
21,674,207
SC 13G/A
Feb 14, 2023
t. rowe price investment management, inc.
5.5%
21,276,150
SC 13G
Feb 09, 2023
vanguard group inc
8.87%
34,064,558
SC 13G/A
Feb 01, 2023
blackrock inc.
5.7%
21,975,943
SC 13G/A
Aug 26, 2022
iac inc.
16.5%
64,723,602
SC 13D/A
Feb 16, 2022
iac/interactivecorp
13.7%
63,533,902
SC 13D/A
Feb 10, 2022
vanguard group inc
8.98%
42,100,501
SC 13G/A

Recent SEC filings of MGM Resorts International

View All Filings
Date Filed Form Type Document
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
8-K
Current Report
May 01, 2024
8-K
Current Report

Peers (Alternatives to MGM Resorts International)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
122.6B
22.0B
0.32% 36.90%
25.55
5.57
21.07% 19.26%
101.8B
9.9B
-1.22% 27.18%
21.24
10.26
18.07% 153.14%
37.5B
4.1B
-8.24% -
-68.55
9.22
57.00% 58.12%
36.4B
14.7B
4.10% 80.73%
17.31
2.47
38.21% 303.01%
15.8B
22.6B
-6.61% 33.08%
39.13
0.7
77.46% 108.27%
12.8B
16.7B
-12.64% -6.42%
14.28
0.76
17.87% -54.40%
MID-CAP
8.5B
4.8B
8.40% 2.84%
-6.04
1.79
-16.42% -1272.21%
6.7B
8.9B
-17.42% 9.40%
19.52
0.75
76.51% 123.70%
6.4B
5.4B
-3.00% 4.35%
22.02
1.18
4.38% 9.98%
2.4B
6.3B
-8.35% -38.60%
-2.17
0.39
-3.29% -263.41%
SMALL-CAP
1.5B
2.7B
12.98% -49.44%
-1.97
0.56
-4.86% 66.45%
963.7M
1.2B
-1.46% 27.46%
21.13
0.82
20.69% -38.46%
337.3M
356.5M
-7.63% 60.15%
788.11
0.95
15.22% 105.33%
259.3M
257.9M
3.04% -19.02%
25.57
1.01
-16.24% 113.80%
93.8M
550.2M
-2.51% -56.20%
-3.33
0.17
27.80% -453.54%

MGM Resorts International News

Latest updates
Defense World • 3 hours ago
Yahoo Finance • 06 May 2024 • 01:40 pm
Yahoo New Zealand News • 05 May 2024 • 09:11 pm
The Motley Fool • 03 May 2024 • 02:37 pm
Investor's Business Daily • 02 May 2024 • 02:00 pm

MGM Resorts International Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.2%4,3834,3763,9733,9423,8733,5923,4163,2652,8543,0572,7082,2681,6481,4941,1262902,2533,1853,3143,2233,177
Costs and Expenses-1.6%3,9003,9633,6263,5553,0673,5544,4458282,7022,6808502,0881,8691,8521,6421,3161,0382433,1122,8792,845
  S&GA Expenses-2.7%1,1951,2281,1921,1441,1361,2091,2121,029777747623590546531543474574557494524525
EBITDA Margin-14.7%0.14*0.17*0.24*0.23*0.39*0.38*0.33*0.49*0.35*0.35*0.33*0.06*---------
Interest Expenses3.0%110107111112130137125137196201200203195189174157157200216216216
Income Taxes173.4%44.00-59.5212.0039.00166286-125573-36.3431.0028235.00-94.70-106-76.73-270262556-7.2812.0072.00
Earnings Before Taxes7.3%343320224283646-34.08-1,1862,195-71.131471,620125-430-562-678-1,2069372,622-1.1788.00138
EBT Margin-23.0%0.07*0.09*0.07*-0.02*0.11*0.07*0.09*0.33*0.17*0.15*0.09*-0.24*---------
Net Income-30.6%217313161201467284-5761,784-18.021311,350105-331-447-534-8578072,012-37.1343.0031.00
Net Income Margin-24.2%0.05*0.07*0.07*0.03*0.14*0.11*0.10*0.27*0.14*0.13*0.08*-0.19*---------
Free Cashflow-2.6%377387484323564115181377319318380352---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.7%42,07942,36942,57242,90643,54245,69247,33048,43238,65040,89941,33836,77637,33136,49537,00537,47139,11933,87631,16930,81431,147
  Current Assets-6.9%4,5744,9115,2595,6176,2318,1558,7839,1674,5156,4166,6706,5757,0845,9516,1866,3717,5984,0082,8812,0402,207
    Cash Equivalents-4.1%2,8092,9283,3163,8434,5055,9125,2955,7843,2195,2035,5715,6266,1725,1024,5944,8366,0162,3301,2341,1611,223
  Inventory4.0%14714213613112912611311510296.0094.0079.0082.0088.0097.00107106103104107111
  Net PPE3.3%5,6305,4505,2575,2335,1415,2245,0895,02814,14514,43514,52814,34514,45414,63214,79214,97715,17318,28620,60421,05421,196
  Goodwill-0.2%5,1535,1665,1435,0295,0255,0292884,7063,4753,4811,3972,0892,0872,0912,0922,0922,0922,0852,0762,0812,002
  Current Liabilities-2.9%3,0343,1262,9622,7492,8444,5165,8965,5453,6003,4423,4102,0361,8351,8572,7672,5752,6263,1913,2932,7872,813
  Long Term Debt-1.2%6,2706,3446,5066,6746,8417,4337,2107,10710,50711,77111,61912,57513,24512,37711,41511,34011,74311,16914,94414,66214,731
    LT Debt, Current----35.0036.001,2861,3511,2501,2501,0001,000---------3.00
    LT Debt, Non Current-100.0%-6,3446,5066,6746,8417,4337,2107,10710,50711,77111,61912,57513,24512,37711,41511,34011,74311,16914,94414,66214,731
Shareholder's Equity5.7%4,0273,8113,9664,8355,2224,8325,8257,1989,88010,97711,66111,10411,23311,18011,70312,34913,33212,66310,52110,95511,218
  Retained Earnings-7.4%3,3943,6643,9634,3834,7994,7944,8725,7474,3214,3414,2112,8612,7583,0913,5404,0764,9344,2012,2562,3602,385
  Additional Paid-In Capital---------7621,7502,6403,3353,5693,4393,3563,3333,2743,5313,8464,1824,420
Shares Outstanding-3.6%315327341353367379418430443482488489---------
Minority Interest9.1%5715234634193823799831,4644,8144,9064,8314,9244,9264,6754,8424,9745,1584,9364,4604,4344,432
Float----12,300---8,200---17,500---7,900---14,400-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-23.3%549,271715,938694,080576,706704,053423,188400,561512,231420,482486,718518,289456,026-87,610-243,438-164,103-662,565-422,937454,293388,275568,051399,782
  Share Based Compensation-2.1%26,78027,36111,12511,23023,89125,1587,41515,37923,34426,49511,28110,85816,54929,27521,94818,83536,89824,32015,32017,06232,136
Cashflow From Investing63.1%-108,410-293,621-361,537-271,195212,178535,545-644,0452,464,064-237,383-133,3761,950,743-118,810-154,912-112,250-69,561-21,5662,362,6814,548,687-151,688-150,754-726,811
Cashflow From Financing24.0%-628,970-827,534-847,561-949,403-2,380,133-243,738-241,133-373,844-2,165,587-720,668-2,523,413-883,5131,313,499863,589-7,985-496,9301,744,753-3,909,708-162,107-482,63024,851
  Dividend Payments------9579801,0211,0901,1511,1811,2201,2371,2361,2331,23373,90466,12566,94868,41669,799
  Buy Backs-17.9%511,482623,029571,590626,338484,399-306,9541,114,0831,001,972-686,533220,392119,269--------
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MGM Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Total revenue$ 4,383,470$ 3,873,296
Expenses  
General and administrative1,194,6821,135,540
Corporate expense129,666127,559
Preopening and start-up expenses1,095139
Property transactions, net17,154(396,076)
Depreciation and amortization196,562203,501
Total expenses3,899,9683,067,458
Loss from unconsolidated affiliates(25,124)(74,999)
Operating income458,378730,839
Non-operating income (expense)  
Interest expense, net of amounts capitalized(110,037)(130,300)
Non-operating items from unconsolidated affiliates(136)(1,184)
Other, net(4,806)46,307
Non-operating income (expense)(114,979)(85,177)
Income before income taxes343,399645,662
Provision for income taxes(43,673)(165,779)
Net income299,726479,883
Less: Net income attributable to noncontrolling interests(82,250)(13,076)
Net income attributable to MGM Resorts International$ 217,476$ 466,807
Earnings per share  
Basic (in dollars per share)$ 0.68$ 1.25
Diluted (in dollars per share)$ 0.67$ 1.24
Weighted average common shares outstanding  
Basic (in shares)320,488374,085
Diluted (in shares)323,757378,095
Casino  
Revenues  
Total revenue$ 2,241,095$ 1,882,428
Expenses  
Cost of revenues1,271,844990,890
Rooms  
Revenues  
Total revenue956,401848,488
Expenses  
Cost of revenues274,408240,114
Food and beverage  
Revenues  
Total revenue769,403722,131
Expenses  
Cost of revenues558,080511,592
Entertainment, retail and other  
Revenues  
Total revenue404,391409,578
Expenses  
Cost of revenues244,297243,528
Reimbursed costs  
Revenues  
Total revenue12,18010,671
Expenses  
Cost of revenues$ 12,180$ 10,671

MGM Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 2,722,292$ 2,927,833
Accounts receivable, net924,060929,135
Inventories147,357141,678
Income tax receivable91,880141,444
Prepaid expenses and other688,223770,503
Total current assets4,573,8124,910,593
Property and equipment, net5,630,0145,449,544
Other assets  
Investments in and advances to unconsolidated affiliates246,167240,803
Goodwill5,152,8265,165,694
Other intangible assets, net1,686,2451,724,582
Operating lease right-of-use assets, net23,901,02324,027,465
Other long-term assets, net888,966849,867
Total other assets31,875,22732,008,411
Total assets42,079,05342,368,548
Current liabilities  
Accounts and construction payable448,158461,718
Accrued interest on long-term debt114,82860,173
Other accrued liabilities2,471,0002,604,177
Total current liabilities3,033,9863,126,068
Deferred income taxes, net2,849,5832,860,997
Long-term debt, net6,269,7636,343,810
Operating lease liabilities25,115,88325,127,464
Other long-term obligations750,280542,708
Commitments and contingencies (Note 8)
Redeemable noncontrolling interests32,28133,356
Stockholders’ equity  
Common stock, $0.01 par value: authorized 1,000,000,000 shares, issued and outstanding 314,915,054 and 326,550,141 shares3,1493,266
Capital in excess of par value00
Retained earnings3,393,8053,664,008
Accumulated other comprehensive income59,810143,896
Total MGM Resorts International stockholders’ equity3,456,7643,811,170
Noncontrolling interests570,513522,975
Total stockholders’ equity4,027,2774,334,145
Total liabilities and stockholders' equity$ 42,079,053$ 42,368,548
MGM
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
 CEO
 WEBSITEmgmresorts.com
 INDUSTRYLeisure
 EMPLOYEES57000

MGM Resorts International Frequently Asked Questions


What is the ticker symbol for MGM Resorts International? What does MGM stand for in stocks?

MGM is the stock ticker symbol of MGM Resorts International. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of MGM Resorts International (MGM)?

As of Tue May 07 2024, market cap of MGM Resorts International is 12.75 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MGM stock?

You can check MGM's fair value in chart for subscribers.

What is the fair value of MGM stock?

You can check MGM's fair value in chart for subscribers. The fair value of MGM Resorts International is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of MGM Resorts International is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MGM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is MGM Resorts International a good stock to buy?

The fair value guage provides a quick view whether MGM is over valued or under valued. Whether MGM Resorts International is cheap or expensive depends on the assumptions which impact MGM Resorts International's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MGM.

What is MGM Resorts International's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, MGM's PE ratio (Price to Earnings) is 14.28 and Price to Sales (PS) ratio is 0.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MGM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on MGM Resorts International's stock?

In the past 10 years, MGM Resorts International has provided 0.059 (multiply by 100 for percentage) rate of return.