MGM Stock Overview
Through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Community Narratives
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WA
Based on Analyst Price Targets
Decisive Partnerships And Luxury Focus Propel Company's Growth And Diversify Revenue Streams
US$54.68
FV
31.8% undervalued intrinsic discount2.29%
Revenue growth p.a.
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12 days agoauthor updated this narrative
MGM Resorts International Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$37.31 |
| 52 Week High | US$48.25 |
| 52 Week Low | US$33.44 |
| Beta | 2.24 |
| 11 Month Change | -5.54% |
| 3 Month Change | -11.17% |
| 1 Year Change | 2.11% |
| 33 Year Change | -16.38% |
| 5 Year Change | 36.82% |
| Change since IPO | 855.14% |
Recent News & Updates
Not Many Are Piling Into MGM Resorts International (NYSE:MGM) Just Yet
Aug 16
MGM: Buy On The Dip Despite Lingering Negative Sentiment
Aug 09Recent updates
Not Many Are Piling Into MGM Resorts International (NYSE:MGM) Just Yet
Aug 16MGM: Buy On The Dip Despite Lingering Negative Sentiment
Aug 09Analyst Estimates: Here's What Brokers Think Of MGM Resorts International (NYSE:MGM) After Its Second-Quarter Report
Aug 02MGM: Could Be First Breakout Among Gaming Stocks From Current Undervalued Sector
Jul 02MGM Resorts International (NYSE:MGM) Shares Could Be 33% Below Their Intrinsic Value Estimate
Jun 21Does MGM Resorts International (NYSE:MGM) Have A Healthy Balance Sheet?
May 22MGM Resorts International: A Promising Investment Opportunity
May 07MGM Resorts International's (NYSE:MGM) Prospects Need A Boost To Lift Shares
Mar 22MGM Resorts International's (NYSE:MGM) Intrinsic Value Is Potentially 44% Above Its Share Price
Feb 15MGM Resorts: Super Bowl And Chinese New Year Together Pose Unprecedented Upside Catalyst For Q1
Jan 11We Think MGM Resorts International (NYSE:MGM) Is Taking Some Risk With Its Debt
Jan 01MGM Resorts: Shares Look Attractive Amid Recovery In Macau
Dec 07MGM Resorts: Despite Cyberattack, Best Recession-Resistant Play In The Sector
Nov 03MGM Resorts: A High-Risk High-Reward Opportunity
Oct 13MGM Resorts: Impact Of Ransomware Attack
Sep 25MGM Resorts: Pent-Up Demand Likely To Translate Into Higher Profits
Sep 01MGM Resorts: Trading At Attractive Multiples, Potential For +40% Price Appreciation
Aug 18MGM Resorts: BetMGM First Half Result Adds To Rationale To Buy It Now
Jul 28MGM Resorts International: Value, Growth, Deleveraging, And Buybacks
Jul 13Is MGM Resorts International (NYSE:MGM) Using Too Much Debt?
Jul 06MGM: A Dip Signals A Buy As Value Scenario Grows With Sector Recovery
Jun 08Is MGM Resorts International (NYSE:MGM) Weighed On By Its Debt Load?
Apr 03MGM Resorts: Smart Corporate Strategy Is The Engine For Much Higher Valuation
Feb 08Do MGM Resorts International's (NYSE:MGM) Earnings Warrant Your Attention?
Jan 16MGM Resorts added as a new long idea at Hedgeye
Jan 12Is MGM Resorts International (NYSE:MGM) Using Debt Sensibly?
Dec 29MGM Resorts: Raise Your Bet For 2023
Dec 25MGM Sees Vegas Recovery, Regional Resilience And BetMGM Growth
Nov 03MGM Resorts Is The Best Bet Among Casino Stocks Right Now
Oct 18MGM Resorts and ExteNet Systems enter national connectivity partnership
Sep 28MGM Resorts goes ex-dividend tomorrow
Sep 07BetMGM and SportsGrid expand multi-year betting content deal
Aug 23MGM Resorts: Hiding In Plain Sight, A Global Giant In The Making
Aug 08Does MGM Resorts International (NYSE:MGM) Have A Healthy Balance Sheet?
Aug 04Shareholder Returns
| MGM | US Hospitality | US Market | |
|---|---|---|---|
| 7D | 2.2% | 5.0% | 2.6% |
| 1Y | 2.1% | 22.4% | 30.5% |
Return vs Industry: MGM underperformed the US Hospitality industry which returned 22.4% over the past year.
Return vs Market: MGM underperformed the US Market which returned 30.5% over the past year.
Price Volatility
| MGM volatility | |
|---|---|
| MGM Average Weekly Movement | 5.9% |
| Hospitality Industry Average Movement | 6.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MGM's share price has been volatile over the past 3 months.
Volatility Over Time: MGM's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | 67,000 | Bill Hornbuckle | www.mgmresorts.com |
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. 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.
MGM Resorts International Fundamentals Summary
| MGM fundamental statistics | |
|---|---|
| Market cap | US$11.47b |
| Earnings (TTM) | US$880.07m |
| Revenue (TTM) | US$17.01b |
12.9x
P/E Ratio0.7x
P/S RatioIs MGM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGM income statement (TTM) | |
|---|---|
| Revenue | US$17.01b |
| Cost of Revenue | US$9.11b |
| Gross Profit | US$7.90b |
| Other Expenses | US$7.02b |
| Earnings | US$880.07m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.90 |
| Gross Margin | 46.45% |
| Net Profit Margin | 5.17% |
| Debt/Equity Ratio | 163.6% |
How did MGM perform over the long term?
See historical performance and comparison