MGM Resorts International

NYSE:MGM Stock Report

Market Cap: US$10.0b

MGM Resorts International Management

Management criteria checks 3/4

MGM Resorts International's CEO is Bill Hornbuckle, appointed in Dec 2012, has a tenure of 4.42 years. total yearly compensation is $17.00M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $21.98M. The average tenure of the management team and the board of directors is 4 years and 6.1 years respectively.

Key information

Bill Hornbuckle

Chief executive officer

US$17.0m

Total compensation

CEO salary percentage11.8%
CEO tenure12yrs
CEO ownership0.2%
Management average tenure4yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

Investors Holding Back On MGM Resorts International (NYSE:MGM)

Dec 07
Investors Holding Back On MGM Resorts International (NYSE:MGM)

Why MGM Is A Buy: The Complete Guide

Nov 11

Here's Why We Think MGM Resorts International (NYSE:MGM) Is Well Worth Watching

Oct 13
Here's Why We Think MGM Resorts International (NYSE:MGM) Is Well Worth Watching

Is MGM Resorts International (NYSE:MGM) A Risky Investment?

Sep 29
Is MGM Resorts International (NYSE:MGM) A Risky Investment?

Rolling The Dice With MGM Resorts: Growth On The Strip, But Risks Linger

Sep 25

Not Many Are Piling Into MGM Resorts International (NYSE:MGM) Just Yet

Aug 16
Not Many Are Piling Into MGM Resorts International (NYSE:MGM) Just Yet

MGM: Buy On The Dip Despite Lingering Negative Sentiment

Aug 09

Analyst Estimates: Here's What Brokers Think Of MGM Resorts International (NYSE:MGM) After Its Second-Quarter Report

Aug 02
Analyst Estimates: Here's What Brokers Think Of MGM Resorts International (NYSE:MGM) After Its Second-Quarter Report

MGM: Could Be First Breakout Among Gaming Stocks From Current Undervalued Sector

Jul 02

MGM Resorts International (NYSE:MGM) Shares Could Be 33% Below Their Intrinsic Value Estimate

Jun 21
MGM Resorts International (NYSE:MGM) Shares Could Be 33% Below Their Intrinsic Value Estimate

Does MGM Resorts International (NYSE:MGM) Have A Healthy Balance Sheet?

May 22
Does MGM Resorts International (NYSE:MGM) Have A Healthy Balance Sheet?

MGM Resorts International: A Promising Investment Opportunity

May 07

MGM Resorts International's (NYSE:MGM) Prospects Need A Boost To Lift Shares

Mar 22
MGM Resorts International's (NYSE:MGM) Prospects Need A Boost To Lift Shares

MGM Resorts International's (NYSE:MGM) Intrinsic Value Is Potentially 44% Above Its Share Price

Feb 15
MGM Resorts International's (NYSE:MGM) Intrinsic Value Is Potentially 44% Above Its Share Price

MGM Resorts: Super Bowl And Chinese New Year Together Pose Unprecedented Upside Catalyst For Q1

Jan 11

We Think MGM Resorts International (NYSE:MGM) Is Taking Some Risk With Its Debt

Jan 01
We Think MGM Resorts International (NYSE:MGM) Is Taking Some Risk With Its Debt

MGM Resorts: Shares Look Attractive Amid Recovery In Macau

Dec 07

MGM Resorts: Despite Cyberattack, Best Recession-Resistant Play In The Sector

Nov 03

MGM Resorts: A High-Risk High-Reward Opportunity

Oct 13

MGM Resorts: Impact Of Ransomware Attack

Sep 25

MGM Resorts: Pent-Up Demand Likely To Translate Into Higher Profits

Sep 01

MGM Resorts: Trading At Attractive Multiples, Potential For +40% Price Appreciation

Aug 18

MGM Resorts: BetMGM First Half Result Adds To Rationale To Buy It Now

Jul 28

MGM Resorts International: Value, Growth, Deleveraging, And Buybacks

Jul 13

MGM: A Dip Signals A Buy As Value Scenario Grows With Sector Recovery

Jun 08

MGM Resorts: Smart Corporate Strategy Is The Engine For Much Higher Valuation

Feb 08

MGM Resorts added as a new long idea at Hedgeye

Jan 12

MGM Resorts: Raise Your Bet For 2023

Dec 25

MGM Sees Vegas Recovery, Regional Resilience And BetMGM Growth

Nov 03

MGM Resorts Is The Best Bet Among Casino Stocks Right Now

Oct 18

MGM Resorts and ExteNet Systems enter national connectivity partnership

Sep 28

MGM Resorts goes ex-dividend tomorrow

Sep 07

CEO Compensation Analysis

How has Bill Hornbuckle's remuneration changed compared to MGM Resorts International's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$903m

Jun 30 2024n/an/a

US$880m

Mar 31 2024n/an/a

US$894m

Dec 31 2023US$17mUS$2m

US$1b

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$366m

Mar 31 2023n/an/a

US$2b

Dec 31 2022US$16mUS$2m

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$3b

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$13mUS$2m

US$1b

Sep 30 2021n/an/a

US$615m

Jun 30 2021n/an/a

-US$1b

Mar 31 2021n/an/a

-US$2b

Dec 31 2020US$14mUS$1m

-US$997m

Sep 30 2020n/an/a

US$1b

Jun 30 2020n/an/a

US$2b

Mar 31 2020n/an/a

US$3b

Dec 31 2019US$6mUS$1m

US$2b

Sep 30 2019n/an/a

US$2m

Jun 30 2019n/an/a

US$181m

Mar 31 2019n/an/a

US$254m

Dec 31 2018US$6mUS$1m

US$445m

Sep 30 2018n/an/a

US$2b

Jun 30 2018n/an/a

US$2b

Mar 31 2018n/an/a

US$2b

Dec 31 2017US$7mUS$1m

US$2b

Compensation vs Market: Bill's total compensation ($USD17.00M) is above average for companies of similar size in the US market ($USD12.88M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


CEO

Bill Hornbuckle (66 yo)

12yrs

Tenure

US$17,003,794

Compensation

Mr. William Joseph Hornbuckle, IV, also known as Bill, serves as an Executive Co-Chairperson of MGM China Holdings Limited since May 25, 2023. He had been Executive Chairperson of MGM China Holdings Limite...


Leadership Team

NamePositionTenureCompensationOwnership
William Hornbuckle
President12yrsUS$17.00m0.22%
$ 22.0m
Jonathan Halkyard
CFO & Treasurer3.9yrsUS$5.84m0.019%
$ 1.9m
Corey Sanders
Chief Operating Officer4yrsUS$7.63m0.11%
$ 10.8m
John McManus
Chief Legal & Administrative Officer and Secretary16.4yrsUS$4.52m0.031%
$ 3.1m
Gary Fritz
President of MGM Resorts International Interactive2.2yrsUS$6.40m0.022%
$ 2.2m
Todd Meinert
Senior VP & Chief Accounting Officer4.1yrsno data0.0082%
$ 812.4k
Andrew Chapman
Director of Investor Relationsno datano datano data
Jeff Mochal
Senior Vice President of Corporate Communications3.8yrsno datano data
Jyoti Chopra
Senior VP and Chief Peopleno datano datano data
Jennifer Michaels
Senior Vice President of Public Relationsno datano datano data
Steven Zanella
President of MGM Resorts Operationsno datano datano data
Ayesha Molino
Chief Public Affairs Officer7.9yrsno datano data

4.0yrs

Average Tenure

56yo

Average Age

Experienced Management: MGM's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Hornbuckle
President4.4yrsUS$17.00m0.22%
$ 22.0m
Paul Salem
Independent Chairman6.3yrsUS$587.36k0.57%
$ 56.9m
Barry Diller
Independent Director4.3yrsUS$17.36kno data
Rose McKinney-James
Independent Director19.9yrsUS$367.36k0.00059%
$ 58.7k
Alexis Herman
Independent Director22.9yrsUS$377.36k0.0050%
$ 494.8k
Keith Meister
Independent Director5.9yrsUS$352.36kno data
Janet Swartz
Independent Director6.8yrsUS$337.36k0.019%
$ 1.8m
Daniel Taylor
Independent Director17.8yrsUS$497.36kno data
Mary Jammet
Independent Director10.8yrsUS$357.36k0.0018%
$ 175.2k
Keith Barr
Directorless than a yearno datano data
Joseph Levin
Independent Director4.3yrsUS$17.36kno data
Benjamin Winston
Independent Director1.8yrsUS$321.08k0.0018%
$ 178.2k

6.1yrs

Average Tenure

58yo

Average Age

Experienced Board: MGM's board of directors are considered experienced (6.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:44
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MGM Resorts International is covered by 55 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David BainAegis Capital Corporation
John StaszakArgus Research Company
Alistair ScobieAtlantic Equities LLP