MGM Stock Overview
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
MGM Resorts International Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$38.77 |
| 52 Week High | US$51.35 |
| 52 Week Low | US$29.20 |
| Beta | 2.11 |
| 1 Month Change | -8.32% |
| 3 Month Change | -8.78% |
| 1 Year Change | 18.27% |
| 3 Year Change | 81.34% |
| 5 Year Change | 40.47% |
| Change since IPO | 892.51% |
Recent News & Updates
MGM Resorts: Pent-Up Demand Likely To Translate Into Higher Profits
Sep 01MGM Resorts: Trading At Attractive Multiples, Potential For +40% Price Appreciation
Aug 18Recent updates
MGM 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 06
MGM: 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 04MGM Resorts, Bet MGM renew and expand agreement with MLB
Jul 14MGM: The Bear Dip In Progress Has Put MGM In Bargain Range At $27
Jun 16MGM Resorts: IAC's Barry Diller Licensed In Nevada In Clear Swerve To Bigger Online Deals Ahead
May 25We Think MGM Resorts International (NYSE:MGM) Is Taking Some Risk With Its Debt
Apr 21MGM: Swiss Army Knife Of Gaming Poised For Breakthrough Led By Vegas Spurt
Apr 11MGM Resorts International: Why Buying The Stock Is Not Gambling Your Money Away
Jan 30MGM: The Case For A Renewed Offer For Entain Never Made More Sense For Investors
Jan 05MGM Resorts: Sentiment Will Turn Highly Positive With All Cylinders Firing By Q2 2022
Dec 24MGM Resorts International (NYSE:MGM) Has Debt But No Earnings; Should You Worry?
Dec 23MGM Resorts: DraftKings Exit From Entain Deal Positions A Renewed Offer From The Vegas Giant
Oct 27Shareholder Returns
| MGM | US Hospitality | US Market | |
|---|---|---|---|
| 7D | -6.5% | -1.2% | -1.5% |
| 1Y | 18.3% | 22.6% | 13.8% |
Return vs Industry: MGM underperformed the US Hospitality industry which returned 22.6% over the past year.
Return vs Market: MGM exceeded the US Market which returned 13.8% over the past year.
Price Volatility
| MGM volatility | |
|---|---|
| MGM Average Weekly Movement | 4.4% |
| Hospitality Industry Average Movement | 5.4% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in US Market | 14.3% |
| 10% least volatile stocks in US Market | 2.5% |
Stable Share Price: MGM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MGM's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | 66,000 | Bill Hornbuckle | https://www.mgmresorts.com |
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.
MGM Resorts International Fundamentals Summary
| MGM fundamental statistics | |
|---|---|
| Market Cap | US$13.60b |
| Earnings (TTM) | US$365.69m |
| Revenue (TTM) | US$14.78b |
37.2x
P/E Ratio0.9x
P/S RatioIs MGM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGM income statement (TTM) | |
|---|---|
| Revenue | US$14.78b |
| Cost of Revenue | US$7.61b |
| Gross Profit | US$7.17b |
| Other Expenses | US$6.80b |
| Earnings | US$365.69m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.04 |
| Gross Margin | 48.52% |
| Net Profit Margin | 2.47% |
| Debt/Equity Ratio | 138.5% |
How did MGM perform over the long term?
See historical performance and comparison