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

42.06USD+0.03 (+0.07%)Delayed as of 18 Apr 2024, 03:49 pm ET

Market Summary

USD42.06+0.03

Delayedas of 18 Apr 2024, 03:49 pm

0.07%

MGM Alerts

1 major insider sales recently.

MGM Stock Price

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MGM RSI Chart

MGM Valuation

Market Cap

13.4B

Price/Earnings (Trailing)

11.77

Price/Sales (Trailing)

0.83

EV/EBITDA

6.14

Price/Free Cashflow

7.64

MGM Price/Sales (Trailing)

MGM Profitability

EBT Margin

9.11%

Return on Equity

29.97%

Return on Assets

2.7%

Free Cashflow Yield

13.09%

MGM Fundamentals

MGM Revenue

Revenue (TTM)

16.2B

Rev. Growth (Yr)

21.81%

Rev. Growth (Qtr)

10.13%

MGM Earnings

Earnings (TTM)

1.1B

Earnings Growth (Yr)

10.37%

Earnings Growth (Qtr)

94.55%

Breaking Down MGM Revenue

52 Week Range

34.4951.35

(Low)(High)

Last 7 days

-5.9%

Last 30 days

-4.7%

Last 90 days

-1.9%

Trailing 12 Months

-5.7%

How does MGM drawdown profile look like?

MGM Financial Health

Current Ratio

1.57

Debt/Equity

1.66

Debt/Cashflow

0.42

MGM Investor Care

Dividend Yield

0.02%

Dividend/Share (TTM)

0.01

Buy Backs (1Y)

14.50%

Diluted EPS (TTM)

3.18

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	14.1B	14.8B	15.4B	16.2B
2022	10.9B	11.9B	12.6B	13.1B
2021	4.6B	6.5B	8.1B	9.7B
2020	12.0B	9.0B	6.9B	5.2B
2019	12.1B	12.5B	12.8B	12.9B
2018	10.9B	11.1B	11.3B	11.8B
2017	10.0B	10.4B	10.7B	10.8B
2016	8.9B	8.6B	8.6B	9.5B
2015	10.6B	10.4B	10.1B	9.2B
2014	10.8B	10.9B	11.0B	10.8B
2013	10.0B	10.1B	10.3B	10.6B
2012	9.3B	9.9B	9.9B	9.9B
2011	6.7B	7.0B	7.7B	8.5B
2010	6.6B	6.7B	6.7B	6.7B
2009	0	7.5B	7.1B	6.7B
2008	0	0	0	7.9B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of MGM Resorts International

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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
Apr 01, 2024	hornbuckle william	sold (taxes)	-211,713	47.78	-4,431	ceo and president
Apr 01, 2024	hornbuckle william	acquired	-	-	11,259	ceo and president
Mar 13, 2024	meister keith a.	sold	-4,298,000	42.98	-100,000	-
Mar 12, 2024	meister keith a.	sold	-13,942,500	42.9	-325,000	-
Feb 27, 2024	mcmanus john	sold (taxes)	-3,738	42.00	-89.00	chief legal admin ofc and secy
Feb 27, 2024	hornbuckle william	sold (taxes)	-71,526	42.00	-1,703	ceo and president

Which funds bought or sold MGM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	Arlington Trust Co LLC	unchanged	-	8,012	149,514	0.04%
Apr 16, 2024	Cedar Mountain Advisors, LLC	added	32.75	5,164	17,987	-%
Apr 16, 2024	WEBSTER BANK, N. A.	added	89.69	4,353	8,687	-%
Apr 16, 2024	TSFG, LLC	unchanged	-	1,000	15,000	-%
Apr 16, 2024	Stratos Wealth Partners, LTD.	reduced	-20.03	-142,359	776,045	0.01%
Apr 16, 2024	180 WEALTH ADVISORS, LLC	sold off	-100	-533,515	-	-%
Apr 16, 2024	Pinnacle Bancorp, Inc.	unchanged	-	478	8,923	-%
Apr 16, 2024	Arlington Partners LLC	sold off	-100	-20,195	-	-%
Apr 16, 2024	Register Financial Advisors LLC	unchanged	-	1,997	37,260	0.02%
Apr 16, 2024	MCF Advisors LLC	reduced	-0.55	36,843	762,527	0.06%

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

MGM Alerts

1 major insider sales recently.

Unveiling MGM Resorts International's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
Apr 11, 2024	PX14A6G	PX14A6G
Apr 09, 2024	8-K	Current Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	8-K	Current Report
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 27, 2024	424B2	Prospectus Filed

Peers (Alternatives to MGM Resorts International)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BKNG	117.5B	21.4B	-0.32%	27.56%	27.41	5.5	25.01%	40.26%
ABNB	100.9B	9.9B	-2.15%	32.88%	21.05	10.17	18.07%	153.14%
DKNG	36.6B	3.7B	-3.06%	-	-45.58	9.98	63.60%	41.79%
RCL	32.9B	13.9B	-0.16%	98.70%	19.37	2.36	57.24%	178.71%
CCL	15.8B	22.6B	-12.79%	43.50%	39.13	0.7	77.46%	108.27%
MGM	13.4B	16.2B	-4.71%	-5.72%	11.77	0.83	23.13%	-22.46%
MID-CAP
NCLH	7.7B	8.5B	-8.24%	37.53%	46.18	0.9	76.51%	107.32%
HAS	7.6B	5.0B	2.81%	3.83%	-5.11	1.52	-14.57%	-831.84%
MAT	6.2B	5.4B	-6.72%	4.76%	28.97	1.14	0.12%	-45.58%
PENN	2.5B	6.4B	-7.88%	-44.16%	-5.06	0.39	-0.61%	-320.62%
SMALL-CAP
PTON	1.1B	2.7B	-29.36%	-68.89%	-1.27	0.41	-10.55%	68.37%
ACEL	945.3M	1.2B	-1.83%	25.08%	20.73	0.81	20.69%	-38.46%
AGS	343.6M	356.5M	3.06%	41.75%	802.78	0.96	15.22%	105.33%
CLAR	228.7M	286.0M	-10.21%	-37.97%	-22.54	0.8	-9.27%	85.46%
CNTY	95.3M	550.2M	9.47%	-57.44%	-3.38	0.17	27.80%	-453.54%

MGM Resorts International News

Latest updates

MGM Resorts International Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	10.1%	4,376	3,973	3,942	3,873	3,592	3,416	3,265	2,854	3,057	2,708	2,268	1,648	1,494	1,126	290	2,253	3,185	3,314	3,223	3,177	3,053
Costs and Expenses	9.3%	3,963	3,626	3,555	3,067	3,554	4,445	828	2,702	2,680	850	2,088	1,869	1,852	1,642	1,316	1,038	243	3,112	2,879	2,845	2,750
S&GA Expenses	3.0%	1,228	1,192	1,144	1,136	1,209	1,212	1,029	777	747	623	590	546	531	543	474	574	557	494	524	525	445
EBITDA Margin	-28.2%	0.17*	0.24*	0.23*	0.39*	0.38*	0.33*	0.49*	0.35*	0.35*	0.33*	0.06*	-0.22*	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.9%	107	111	112	130	137	125	137	196	201	200	203	195	189	174	157	157	200	216	216	216	215
Income Taxes	-578.5%	-59.52	12.00	39.00	166	286	-125	573	-36.34	31.00	282	35.00	-94.70	-106	-76.73	-270	262	556	-7.28	12.00	72.00	92.00
Earnings Before Taxes	42.7%	320	224	283	646	-34.08	-1,186	2,195	-71.13	147	1,620	125	-430	-562	-678	-1,206	937	2,622	-1.17	88.00	138	98.00
EBT Margin	25.3%	0.09*	0.07*	-0.02*	0.11*	0.07*	0.09*	0.33*	0.17*	0.15*	0.09*	-0.24*	-0.63*	-	-	-	-	-	-	-	-	-
Net Income	94.6%	313	161	201	467	284	-576	1,784	-18.02	131	1,350	105	-331	-447	-534	-857	807	2,012	-37.13	43.00	31.00	-23.33
Net Income Margin	-2.3%	0.07*	0.07*	0.03*	0.14*	0.11*	0.10*	0.27*	0.14*	0.13*	0.08*	-0.19*	-0.48*	-	-	-	-	-	-	-	-	-
Free Cashflow	-20.1%	387	484	323	564	115	181	377	319	318	380	352	-166	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.5%	42,369	42,572	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
Current Assets	-6.6%	4,911	5,259	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
Cash Equivalents	-11.7%	2,928	3,316	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
Inventory	4.3%	142	136	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
Net PPE	3.7%	5,450	5,257	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
Goodwill	0.4%	5,166	5,143	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
Current Liabilities	5.5%	3,126	2,962	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
Long Term Debt	-2.5%	6,344	6,506	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
LT Debt, Current	-	-	-	35.00	36.00	1,286	1,351	1,250	1,250	1,000	1,000	-	-	-	-	-	-	-	-	-	3.00	43.00
LT Debt, Non Current	-2.5%	6,344	6,506	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
Shareholder's Equity	-3.9%	3,811	3,966	4,835	5,222	4,832	5,825	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
Retained Earnings	-7.5%	3,664	3,963	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
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
Shares Outstanding	-4.2%	327	341	353	367	379	418	430	443	482	488	489	495	-	-	-	-	-	-	-	-	-
Minority Interest	12.9%	523	463	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
Float	-	-	-	12,300	-	-	-	8,200	-	-	-	17,500	-	-	-	7,900	-	-	-	14,400	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	3.1%	715,938	694,080	576,706	704,053	423,188	400,561	512,231	420,482	486,718	518,289	456,026	-87,610	-243,438	-164,103	-662,565	-422,937	454,293	388,275	568,051	399,782	327,073
Share Based Compensation	145.9%	27,361	11,125	11,230	23,891	25,158	7,415	15,379	23,344	26,495	11,281	10,858	16,549	29,275	21,948	18,835	36,898	24,320	15,320	17,062	32,136	19,167
Cashflow From Investing	18.8%	-293,621	-361,537	-271,195	212,178	535,545	-644,045	2,464,064	-237,383	-133,376	1,950,743	-118,810	-154,912	-112,250	-69,561	-21,566	2,362,681	4,548,687	-151,688	-150,754	-726,811	-284,329
Cashflow From Financing	2.4%	-827,534	-847,561	-949,403	-2,380,133	-243,738	-241,133	-373,844	-2,165,587	-720,668	-2,523,413	-883,513	1,313,499	863,589	-7,985	-496,930	1,744,753	-3,909,708	-162,107	-482,630	24,851	181,837
Dividend Payments	-	-	-	-	-	957	980	1,021	1,090	1,151	1,181	1,220	1,237	1,236	1,233	1,233	73,904	66,125	66,948	68,416	69,799	63,297
Buy Backs	9.0%	623,029	571,590	626,338	484,399	-	306,954	1,114,083	1,001,972	-	686,533	220,392	119,269	-	-	-	-	-	-	-	-	-

MGM Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Total revenue	$ 16,164,249	$ 13,127,485	$ 9,680,140
Expenses
General and administrative	4,700,657	4,226,617	2,507,239
Corporate expense	512,399	479,118	422,777
Preopening and start-up expenses	415	1,876	5,094
Property transactions, net	(370,513)	(1,036,997)	(67,736)
Gain on REIT transactions, net	0	(2,277,747)	0
Gain on consolidation of CityCenter, net	0	0	(1,562,329)
Depreciation and amortization	814,128	3,482,050	1,150,610
Total expenses	14,210,648	11,527,900	7,486,264
Income (loss) from unconsolidated affiliates	(62,104)	(160,213)	84,823
Operating income	1,891,497	1,439,372	2,278,699
Non-operating income (expense)
Interest expense, net of amounts capitalized	(460,293)	(594,954)	(799,593)
Non-operating items from unconsolidated affiliates	(1,032)	(23,457)	(83,243)
Other, net	42,591	82,838	65,941
Total non-operating income (expense)	(418,734)	(535,573)	(816,895)
Income before income taxes	1,472,763	903,799	1,461,804
Provision for income taxes	(157,839)	(697,068)	(253,415)
Net income	1,314,924	206,731	1,208,389
Less: Net (income) loss attributable to noncontrolling interests	(172,744)	1,266,362	45,981
Net income attributable to MGM Resorts International	$ 1,142,180	$ 1,473,093	$ 1,254,370
Earnings per share
Basic (in dollars per share)	$ 3.22	$ 3.52	$ 2.44
Diluted (in dollars per share)	$ 3.19	$ 3.49	$ 2.41
Weighted average common shares outstanding
Basic (in shares)	354,926	409,201	481,930
Diluted (in shares)	358,627	412,993	487,356
Casino
Revenues
Total revenue	$ 8,087,917	$ 5,734,173	$ 5,362,912
Expenses
Expenses	4,316,547	2,746,576	2,551,169
Rooms
Revenues
Total revenue	3,500,926	3,057,145	1,690,037
Expenses
Expenses	1,017,650	937,272	600,942
Food and beverage
Revenues
Total revenue	2,891,483	2,604,238	1,391,605
Expenses
Expenses	2,153,795	1,905,625	1,034,780
Entertainment, retail and other
Revenues
Total revenue	1,638,183	1,686,236	1,009,503
Expenses
Expenses	1,019,830	1,017,817	617,635
Reimbursed costs
Revenues
Total revenue	45,740	45,693	226,083
Expenses
Expenses	$ 45,740	$ 45,693	$ 226,083

MGM Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 2,927,833	$ 5,911,893
Accounts receivable, net	929,135	852,149
Inventories	141,678	126,065
Income tax receivable	141,444	73,016
Prepaid expenses and other	770,503	583,132
Assets held for sale	0	608,437
Total current assets	4,910,593	8,154,692
Property and equipment, net	5,449,544	5,223,928
Other assets
Investments in and advances to unconsolidated affiliates	240,803	173,039
Goodwill	5,165,694	5,029,312
Other intangible assets, net	1,724,582	1,551,252
Operating lease right-of-use assets, net	24,027,465	24,530,929
Other long-term assets, net	849,867	1,029,054
Total other assets	32,008,411	32,313,586
Total assets	42,368,548	45,692,206
Current liabilities
Accounts and construction payable	461,718	369,817
Current portion of long-term debt	0	1,286,473
Accrued interest on long-term debt	60,173	83,451
Other accrued liabilities	2,604,177	2,236,323
Liabilities related to assets held for sale	0	539,828
Total current liabilities	3,126,068	4,515,892
Deferred income taxes, net	2,860,997	2,969,443
Long-term debt, net	6,343,810	7,432,817
Operating lease liabilities	25,127,464	25,149,299
Other long-term obligations	542,708	256,282
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests	33,356	158,350
Stockholders' equity
Common stock, $0.01 par value: authorized 1,000,000,000 shares, issued and outstanding 326,550,141 and 379,087,524 shares	3,266	3,791
Capital in excess of par value	0	0
Retained earnings	3,664,008	4,794,239
Accumulated other comprehensive income	143,896	33,499
Total MGM Resorts International stockholders' equity	3,811,170	4,831,529
Noncontrolling interests	522,975	378,594
Total stockholders' equity	4,334,145	5,210,123
Total liabilities and stockholders' equity	$ 42,368,548	$ 45,692,206

About MGM Resorts International

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	Mr. William Joseph Hornbuckle IV
WEBSITE	mgmresorts.com
INDUSTRY	Leisure
EMPLOYEES	57000

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 Wed Apr 17 2024, market cap of MGM Resorts International is 13.44 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 Wed Apr 17 2024, MGM's PE ratio (Price to Earnings) is 11.77 and Price to Sales (PS) ratio is 0.83. 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 0.064 (multiply by 100 for percentage) rate of return.