Last 7 days
-11.0%
Last 30 days
-15.2%
Last 90 days
-11.7%
Trailing 12 Months
19.4%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-18 | Meinert Todd | acquired | - | - | 2,350 | svp & chief accounting officer |
2023-08-18 | SANDERS COREY IAN | acquired | - | - | 158,186 | chief operating officer |
2023-08-18 | McManus John | sold (taxes) | -1,230,340 | 42.54 | -28,922 | chief legal admin ofc and secy |
2023-08-18 | SANDERS COREY IAN | acquired | - | - | 20,300 | chief operating officer |
2023-08-18 | HORNBUCKLE WILLIAM | acquired | - | - | 297,764 | ceo and president |
2023-08-18 | HORNBUCKLE WILLIAM | acquired | - | - | 38,212 | ceo and president |
2023-08-18 | McManus John | acquired | - | - | 8,358 | chief legal admin ofc and secy |
2023-08-18 | Meinert Todd | sold (taxes) | -24,375 | 42.54 | -573 | svp & chief accounting officer |
2023-08-18 | SANDERS COREY IAN | sold (taxes) | -2,987,880 | 42.54 | -70,237 | chief operating officer |
2023-08-18 | McManus John | acquired | - | - | 65,135 | chief legal admin ofc and secy |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | -170 | 14,940 | -% |
2023-09-20 | BARCLAYS PLC | added | 55.45 | 35,142,000 | 100,584,000 | 0.06% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -75.17 | -96,393 | 31,359 | 0.01% |
2023-09-12 | Prosperity Financial Group, Inc. | added | 5.94 | 17,287 | 381,709 | 0.34% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 30,744 | 30,744 | -% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 1,245 | 15,610 | -% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | -2,350 | 206,424 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | -152 | 13,396 | -% |
2023-08-23 | Rehmann Capital Advisory Group | reduced | -8.75 | -42,635 | 393,386 | 0.04% |
2023-08-23 | WOLVERINE TRADING, LLC | reduced | -49.28 | -3,031,990 | 3,074,010 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Feb 01, 2022 | blackrock inc. | 5.5% | 25,615,689 | SC 13G/A | |
Feb 16, 2021 | capital world investors | 0.0% | 0 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 8.78% | 43,381,150 | SC 13G/A | |
Jan 29, 2021 | blackrock inc. | 5.7% | 28,373,425 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 13, 2023 | 8-K | Current Report | |
Aug 22, 2023 | 4 | Insider Trading | |
Aug 22, 2023 | 4 | Insider Trading | |
Aug 22, 2023 | 4 | Insider Trading | |
Aug 22, 2023 | 4 | Insider Trading | |
Aug 10, 2023 | 4 | Insider Trading | |
Aug 10, 2023 | 4 | Insider Trading | |
Aug 10, 2023 | 4 | Insider Trading | |
Aug 07, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 07, 2023 | 144 | Notice of Insider Sale Intent |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MAR | 60.2B | 22.9B | -4.37% | 39.07% | 21.97 | 2.71 | 27.87% | 59.84% |
MGM | 12.9B | 14.8B | -15.20% | 19.38% | 34.4 | 0.87 | 24.74% | -88.46% |
WYNN | 10.4B | 4.9B | -4.70% | 52.12% | 1.5K | 2.12 | 26.04% | 101.07% |
MID-CAP | ||||||||
MTN | 10.0B | 2.9B | 8.11% | 16.44% | 34.79 | 3.47 | 17.20% | -8.79% |
CHDN | 8.7B | 2.2B | -7.39% | 25.81% | 24.37 | 3.97 | 28.56% | -26.62% |
WH | 7.7B | 1.4B | -3.38% | 18.69% | 24.32 | 5.34 | -12.16% | -16.00% |
PENN | 3.4B | 6.6B | -1.84% | -16.41% | 4.63 | 0.52 | 4.51% | 252.90% |
SEAS | 3.0B | 1.7B | -5.73% | -4.82% | 11.83 | 1.72 | 4.65% | -9.64% |
FUN | 2.4B | 1.8B | 1.24% | -2.80% | 9.26 | 1.33 | 4.78% | 218.46% |
SIX | 2.0B | 1.4B | 10.48% | 24.12% | 25.1 | 1.46 | -10.34% | -40.81% |
SMALL-CAP | ||||||||
TH | 1.5B | 603.5M | -2.84% | 17.93% | 10.62 | 2.48 | 67.23% | 329.24% |
MCRI | 1.2B | 494.6M | -6.17% | 12.68% | 13.4 | 2.44 | 10.82% | 12.88% |
GDEN | 1.0B | 1.1B | -2.25% | 0.93% | 20.44 | 0.89 | -0.35% | -53.55% |
CNTY | 162.9M | 461.6M | -17.00% | -20.44% | -37.88 | 0.35 | 5.35% | -117.72% |
FLL | 149.4M | 187.0M | -8.28% | -26.41% | -5.42 | 0.8 | 6.04% | -608.56% |
6.7%
6.0%
5.8%
19.1%
75.4%
48.9%
28.1%
Y-axis is the maximum loss one would have experienced if MGM Resorts International was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 4.8% | 14,824 | 14,146 | 13,127 | 12,592 | 11,884 | 10,887 | 9,680 | 8,117 | 6,535 | 4,557 | 5,162 | 6,854 | 9,042 | 11,976 | 12,900 | 12,767 | 12,482 | 12,118 | 11,763 | 11,308 | 11,109 |
Costs and Expenses | 22.9% | 14,620 | 11,894 | 11,528 | 10,654 | 7,059 | 8,319 | 7,486 | 6,658 | 7,450 | 6,679 | 5,847 | 4,238 | 5,709 | 7,271 | 9,079 | 11,586 | 11,128 | 10,792 | 10,441 | 10,094 | 9,815 |
S&GA Expenses | 2.5% | 4,701 | 4,585 | 4,227 | 3,765 | 3,176 | 2,738 | 2,507 | 2,291 | 2,211 | 2,094 | 2,122 | 2,149 | 2,100 | 2,150 | 2,101 | 1,989 | 1,958 | 1,872 | 1,765 | 1,734 | 1,673 |
EBITDA | -100.0% | - | 5,547 | 4,981 | 4,102 | 5,857 | 3,770 | 3,412 | 2,691 | 381 | -981 | 375 | 3,605 | 4,352 | 5,741 | 4,999 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.39* | 0.38* | 0.33* | 0.50* | 0.35* | 0.35* | 0.33* | 0.06* | -0.22* | 0.07* | 0.53* | 0.48* | 0.48* | 0.39* | - | - | - | - | - | - |
Interest Expenses | -4.7% | 505 | 529 | 595 | 659 | 734 | 800 | 800 | 787 | 761 | 715 | 676 | 688 | 730 | 789 | 848 | 862 | 852 | 818 | 770 | 712 | 670 |
Earnings Before Taxes | -118.0% | -292 | 1,621 | 904 | 1,085 | 3,892 | 1,821 | 1,462 | 752 | -1,547 | -2,878 | -1,511 | 1,674 | 2,351 | 3,646 | 2,847 | 323 | 515 | 591 | 634 | 577 | 677 |
EBT Margin | -100.0% | - | 0.11* | 0.07* | 0.09* | 0.33* | 0.17* | 0.15* | 0.09* | -0.24* | -0.63* | -0.29* | 0.24* | 0.26* | 0.30* | 0.22* | - | - | - | - | - | - |
Net Income | -80.9% | 375 | 1,958 | 1,473 | 1,320 | 3,247 | 1,568 | 1,254 | 676 | -1,209 | -2,171 | -1,032 | 1,426 | 1,924 | 2,825 | 2,049 | 14.00 | 194 | 275 | 467 | 1,878 | 1,883 |
Net Income Margin | -100.0% | - | 0.14* | 0.11* | 0.10* | 0.28* | 0.14* | 0.13* | 0.08* | -0.19* | -0.48* | -0.20* | 0.21* | 0.21* | 0.24* | 0.16* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 1,237 | 991 | 1,195 | 1,394 | 1,368 | 883 | 228 | -352 | -1,434 | -1,763 | -1,229 | -800 | 359 | 1,071 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -1.5% | 42,906 | 43,542 | 45,692 | 47,330 | 48,432 | 38,650 | 40,899 | 41,338 | 36,776 | 37,331 | 36,495 | 37,005 | 37,471 | 39,119 | 33,876 | 31,169 | 30,814 | 31,147 | 30,211 | 29,974 | 28,977 |
Current Assets | -9.9% | 5,617 | 6,231 | 8,155 | 8,783 | 9,167 | 4,515 | 6,416 | 6,670 | 6,575 | 7,084 | 5,951 | 6,186 | 6,371 | 7,598 | 4,008 | 2,881 | 2,040 | 2,207 | 2,527 | 2,208 | 2,083 |
Cash Equivalents | -14.7% | 3,843 | 4,505 | 5,912 | 5,295 | 5,784 | 3,219 | 5,203 | 5,571 | 5,626 | 6,172 | 5,102 | 4,594 | 4,836 | 6,016 | 2,330 | 1,234 | 1,161 | 1,223 | 1,527 | 1,303 | 1,273 |
Inventory | 1.7% | 131 | 129 | 126 | 113 | 115 | 102 | 96.00 | 94.00 | 79.00 | 82.00 | 88.00 | 97.00 | 107 | 106 | 103 | 104 | 107 | 111 | 111 | 104 | 109 |
Net PPE | 1.8% | 5,233 | 5,141 | 5,224 | 5,089 | 5,028 | 14,145 | 14,435 | 14,528 | 14,345 | 14,454 | 14,632 | 14,792 | 14,977 | 15,173 | 18,286 | 20,604 | 21,054 | 21,196 | 20,730 | 20,733 | 19,863 |
Goodwill | 0.1% | 5,029 | 5,025 | 5,029 | 288 | 4,706 | 3,475 | 3,481 | 1,397 | 2,089 | 2,087 | 2,091 | 2,092 | 2,092 | 2,092 | 2,085 | 2,076 | 2,081 | 2,002 | 1,821 | 1,822 | 18.00 |
Current Liabilities | -3.3% | 2,749 | 2,844 | 4,516 | 5,896 | 5,545 | 3,600 | 3,442 | 3,410 | 2,036 | 1,835 | 1,857 | 2,767 | 2,575 | 2,626 | 3,191 | 3,293 | 2,787 | 2,813 | 2,949 | 2,978 | 3,065 |
LT Debt, Current | -3.5% | 35.00 | 36.00 | 1,286 | 1,351 | 1,250 | 1,250 | 1,000 | 1,000 | - | - | - | - | - | - | - | - | - | 3.00 | 43.00 | - | - |
LT Debt, Non Current | -2.4% | 6,674 | 6,841 | 7,433 | 7,210 | 7,107 | 10,507 | 11,771 | 11,619 | 12,575 | 13,245 | 12,377 | 11,415 | 11,340 | 11,743 | 11,169 | 14,944 | 14,662 | 14,731 | 15,088 | 14,664 | 13,513 |
Shareholder's Equity | -15.4% | 4,416 | 5,222 | 4,832 | 4,842 | 7,198 | 9,880 | 10,977 | 11,661 | 11,104 | 11,233 | 11,180 | 11,703 | 12,349 | 13,332 | 12,663 | 10,521 | 10,955 | 11,218 | 10,470 | 10,746 | 10,840 |
Retained Earnings | -8.7% | 4,383 | 4,799 | 4,794 | 4,872 | 5,747 | 4,321 | 4,341 | 4,211 | 2,861 | 2,758 | 3,091 | 3,540 | 4,076 | 4,934 | 4,201 | 2,256 | 2,360 | 2,385 | 2,423 | 2,510 | 2,431 |
Additional Paid-In Capital | - | - | - | - | - | - | 762 | 1,750 | 2,640 | 3,335 | 3,569 | 3,439 | 3,356 | 3,333 | 3,274 | 3,531 | 3,846 | 4,182 | 4,420 | 4,092 | 4,252 | 4,414 |
Shares Outstanding | -3.9% | 353 | 367 | 379 | 389 | 417 | 443 | 454 | 478 | 489 | 495 | 494 | 494 | 493 | 495 | 503 | 519 | 532 | 534 | 527 | 535 | 548 |
Minority Interest | 9.6% | 419 | 382 | 379 | 983 | 1,464 | 4,814 | 4,906 | 4,831 | 4,924 | 4,926 | 4,675 | 4,842 | 4,974 | 5,158 | 4,936 | 4,460 | 4,434 | 4,432 | 3,958 | 3,973 | 3,993 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 3.2% | 2,105 | 2,040 | 1,756 | 1,820 | 1,938 | 1,882 | 1,373 | 643 | -39.12 | -1,157 | -1,493 | -795 | -242 | 988 | 1,810 | 1,683 | 1,597 | 1,545 | 1,723 | 2,090 | 2,360 |
Share Based Compensation | -5.8% | 68.00 | 72.00 | 71.00 | 73.00 | 76.00 | 72.00 | 65.00 | 68.00 | 79.00 | 87.00 | 107 | 102 | 95.00 | 94.00 | 89.00 | 84.00 | 85.00 | 86.00 | 70.00 | 67.00 | 65.00 |
Cashflow From Investing | -106.5% | -167 | 2,568 | 2,118 | 1,449 | 4,044 | 1,461 | 1,544 | 1,565 | -455 | -358 | 2,159 | 6,820 | 6,738 | 6,609 | 3,519 | -1,313 | -2,281 | -2,377 | -2,083 | -2,252 | -1,667 |
Cashflow From Financing | -17.8% | -3,814 | -3,238 | -3,024 | -3,501 | -5,783 | -6,293 | -2,814 | -1,229 | 1,286 | 1,672 | 2,103 | -2,669 | -2,823 | -2,809 | -4,529 | -438 | 570 | 531 | 389 | -519 | -1,173 |
Dividend Payments | -34.5% | 2.00 | 3.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 78.00 | 142 | 208 | 275 | 271 | 268 | 265 | 262 | 261 | 260 | 259 |
Buy Backs | -21.6% | 1,770 | 2,258 | 2,775 | 3,150 | 3,530 | 2,636 | 1,754 | 1,026 | 340 | 119 | 354 | 746 | 1,103 | 1,385 | 1,032 | 789 | 608 | 921 | 1,283 | 1,133 | 1,285 |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues | ||||
Total revenue | $ 3,942,207 | $ 3,264,888 | $ 7,815,503 | $ 6,119,197 |
Expenses | ||||
General and administrative | 1,144,390 | 1,028,765 | 2,279,930 | 1,805,602 |
Corporate expense | 117,088 | 119,610 | 244,647 | 230,851 |
Preopening and start-up expenses | 149 | 542 | 288 | 976 |
Property transactions, net | 5,614 | (19,395) | (390,462) | 35,343 |
Gain on REIT transactions, net | 0 | (2,277,747) | 0 | (2,277,747) |
Depreciation and amortization | 203,503 | 366,255 | 407,004 | 654,893 |
Total expenses | 3,554,640 | 827,854 | 6,622,098 | 3,529,537 |
Loss from unconsolidated affiliates | (16,189) | (55,583) | (91,188) | (102,421) |
Operating income | 371,378 | 2,381,451 | 1,102,217 | 2,487,239 |
Non-operating income (expense) | ||||
Interest expense, net of amounts capitalized | (111,945) | (136,559) | (242,245) | (332,650) |
Non-operating items from unconsolidated affiliates | (441) | (6,120) | (1,625) | (21,253) |
Other, net | 23,693 | (43,308) | 70,000 | (9,006) |
Non-operating income (expense) | (88,693) | (185,987) | (173,870) | (362,909) |
Income before income taxes | 282,685 | 2,195,464 | 928,347 | 2,124,330 |
Provision for income taxes | (39,141) | (572,839) | (204,920) | (536,498) |
Net income | 243,544 | 1,622,625 | 723,427 | 1,587,832 |
Less: Net (income) loss attributable to noncontrolling interests | (42,748) | 161,312 | (55,824) | 178,089 |
Net Income attributable to MGM Resorts International | $ 200,796 | $ 1,783,937 | $ 667,603 | $ 1,765,921 |
Earnings per share | ||||
Basic (in dollars per share) | $ 0.56 | $ 4.24 | $ 1.82 | $ 4.06 |
Diluted (in dollars per share) | $ 0.55 | $ 4.20 | $ 1.80 | $ 4.02 |
Weighted average common shares outstanding | ||||
Basic (in shares) | 361,050 | 417,393 | 367,535 | 430,084 |
Diluted (in shares) | 365,339 | 421,303 | 371,685 | 434,336 |
Casino | ||||
Revenues | ||||
Total revenue | $ 1,951,382 | $ 1,357,134 | $ 3,833,810 | $ 2,778,044 |
Expenses | ||||
Cost of revenues | 1,025,745 | 622,166 | 2,016,635 | 1,296,531 |
Rooms | ||||
Revenues | ||||
Total revenue | 815,323 | 774,732 | 1,663,811 | 1,331,805 |
Expenses | ||||
Cost of revenues | 250,300 | 232,429 | 490,414 | 428,542 |
Food and beverage | ||||
Revenues | ||||
Total revenue | 743,236 | 677,756 | 1,465,367 | 1,170,610 |
Expenses | ||||
Cost of revenues | 537,824 | 480,121 | 1,049,416 | 848,783 |
Entertainment, retail and other | ||||
Revenues | ||||
Total revenue | 420,711 | 445,342 | 830,289 | 816,908 |
Expenses | ||||
Cost of revenues | 258,472 | 265,184 | 502,000 | 483,933 |
Reimbursed costs | ||||
Revenues | ||||
Total revenue | 11,555 | 9,924 | 22,226 | 21,830 |
Expenses | ||||
Cost of revenues | $ 11,555 | $ 9,924 | $ 22,226 | $ 21,830 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 3,843,366 | $ 5,911,893 |
Accounts receivable, net | 703,971 | 852,149 |
Inventories | 130,889 | 126,065 |
Income tax receivable | 129,497 | 73,016 |
Prepaid expenses and other | 809,272 | 583,132 |
Assets held for sale | 0 | 608,437 |
Total current assets | 5,616,995 | 8,154,692 |
Property and equipment, net | 5,233,400 | 5,223,928 |
Other assets | ||
Investments in and advances to unconsolidated affiliates | 156,993 | 173,039 |
Goodwill | 5,029,189 | 5,029,312 |
Other intangible assets, net | 1,734,012 | 1,551,252 |
Operating lease right-of-use assets, net | 24,276,784 | 24,530,929 |
Other long-term assets, net | 858,456 | 1,029,054 |
Total other assets | 32,055,434 | 32,313,586 |
Total assets | 42,905,829 | 45,692,206 |
Current liabilities | ||
Accounts and construction payable | 358,807 | 369,817 |
Current portion of long-term debt | 35,200 | 1,286,473 |
Accrued interest on long-term debt | 60,225 | 83,451 |
Other accrued liabilities | 2,295,172 | 2,236,323 |
Liabilities related to assets held for sale | 0 | 539,828 |
Total current liabilities | 2,749,404 | 4,515,892 |
Deferred income taxes, net | 3,006,583 | 2,969,443 |
Long-term debt, net | 6,674,044 | 7,432,817 |
Operating lease liabilities | 25,136,719 | 25,149,299 |
Other long-term obligations | 493,996 | 256,282 |
Commitments and contingencies (Note 9) | ||
Redeemable noncontrolling interests | 9,716 | 158,350 |
Stockholders’ equity | ||
Common stock, $0.01 par value: authorized 1,000,000,000 shares, issued and outstanding 352,789,905 and 379,087,524 shares | 3,528 | 3,791 |
Capital in excess of par value | 0 | 0 |
Retained earnings | 4,382,588 | 4,794,239 |
Accumulated other comprehensive income | 30,057 | 33,499 |
Total MGM Resorts International stockholders’ equity | 4,416,173 | 4,831,529 |
Noncontrolling interests | 419,194 | 378,594 |
Total stockholders’ equity | 4,835,367 | 5,210,123 |
Total liabilities and stockholders' equity | $ 42,905,829 | $ 45,692,206 |