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MGM

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

42.48USD-2.24 (-5.01%)Market Closed

Market Summary

MGM
USD42.48-2.24
Market Closed
-5.01%

MGM Alerts

  • 1 major insider sales recently.

MGM Stock Price

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MGM RSI Chart

MGM Valuation

Market Cap

13.6B

Price/Earnings (Trailing)

11.89

Price/Sales (Trailing)

0.84

EV/EBITDA

6.19

Price/Free Cashflow

7.72

MGM Price/Sales (Trailing)

MGM Profitability

EBT Margin

9.11%

Return on Equity

29.97%

Return on Assets

2.7%

Free Cashflow Yield

12.95%

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

Last 7 days

-8.7%

Last 30 days

-0.9%

Last 90 days

0.3%

Trailing 12 Months

-2.6%

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
YearQ1Q2Q3Q4
202314.1B14.8B15.4B16.2B
202210.9B11.9B12.6B13.1B
20214.6B6.5B8.1B9.7B
202012.0B9.0B6.9B5.2B
201912.1B12.5B12.8B12.9B
201810.9B11.1B11.3B11.8B
201710.0B10.4B10.7B10.8B
20168.9B8.6B8.6B9.5B
201510.6B10.4B10.1B9.2B
201410.8B10.9B11.0B10.8B
201310.0B10.1B10.3B10.6B
20129.3B9.9B9.9B9.9B
20116.7B7.0B7.7B8.5B
20106.6B6.7B6.7B6.7B
200907.5B7.1B6.7B
20080007.9B
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Tracking the Latest Insider Buys and Sells of MGM Resorts International

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold MGM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
Gulf International Bank (UK) Ltd
unchanged
-
3,000
51,000
-%
Apr 11, 2024
Sebold Capital Management, Inc.
new
-
265,746
265,746
0.18%
Apr 11, 2024
DHJJ Financial Advisors, Ltd.
unchanged
-
367
6,846
-%
Apr 11, 2024
&PARTNERS
added
69.43
171,863
389,058
0.05%
Apr 11, 2024
Fortitude Family Office, LLC
unchanged
-
483
9,017
0.01%
Apr 11, 2024
Ballentine Partners, LLC
added
18.46
52,084
259,042
-%
Apr 11, 2024
City State Bank
unchanged
-
2,000
47,000
0.02%
Apr 11, 2024
Opal Wealth Advisors, LLC
added
0.46
14,289
246,629
0.08%
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
89.00
1,653
-%
Apr 11, 2024
Signature Resources Capital Management, LLC
unchanged
-
-
11,617
0.01%

1–10 of 49

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

Unveiling MGM Resorts International's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm 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)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
120.7B
21.4B
0.93% 34.34%
28.14
5.65
25.01% 40.26%
101.5B
9.9B
-3.25% 39.89%
21.19
10.24
18.07% 153.14%
38.3B
3.7B
4.69% -
-47.78
10.46
63.60% 41.79%
32.8B
13.9B
-3.38% 106.17%
19.3
2.36
57.24% 178.71%
16.1B
22.6B
-13.63% 47.19%
39.85
0.72
77.46% 108.27%
13.6B
16.2B
-0.89% -2.57%
11.89
0.84
23.13% -22.46%
MID-CAP
7.7B
5.0B
5.22% 6.02%
-5.2
1.55
-14.57% -831.84%
7.6B
8.5B
-10.67% 37.92%
45.47
0.88
76.51% 107.32%
6.3B
5.4B
-8.91% 3.37%
29.53
1.16
0.12% -45.58%
2.5B
6.4B
-12.24% -43.14%
-5.19
0.4
-0.61% -320.62%
SMALL-CAP
1.3B
2.7B
-19.50% -64.92%
-1.47
0.47
-10.55% 68.37%
923.5M
1.2B
-3.33% 21.63%
20.25
0.79
20.69% -38.46%
356.9M
356.5M
2.02% 37.25%
833.94
1
15.22% 105.33%
232.5M
286.0M
-8.16% -38.40%
-22.91
0.81
-36.17% 85.46%
99.3M
550.2M
6.17% -55.33%
-3.52
0.18
27.80% -453.54%

MGM Resorts International News

Latest updates
MarketWatch36 hours ago
Skift Travel News10 Apr 202408:59 pm

MGM Resorts International Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue10.1%4,3763,9733,9423,8733,5923,4163,2652,8543,0572,7082,2681,6481,4941,1262902,2533,1853,3143,2233,1773,053
Costs and Expenses9.3%3,9633,6263,5553,0673,5544,4458282,7022,6808502,0881,8691,8521,6421,3161,0382433,1122,8792,8452,750
  S&GA Expenses3.0%1,2281,1921,1441,1361,2091,2121,029777747623590546531543474574557494524525445
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%107111112130137125137196201200203195189174157157200216216216215
Income Taxes-578.5%-59.5212.0039.00166286-125573-36.3431.0028235.00-94.70-106-76.73-270262556-7.2812.0072.0092.00
Earnings Before Taxes42.7%320224283646-34.08-1,1862,195-71.131471,620125-430-562-678-1,2069372,622-1.1788.0013898.00
EBT Margin25.3%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 Income94.6%313161201467284-5761,784-18.021311,350105-331-447-534-8578072,012-37.1343.0031.00-23.33
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%387484323564115181377319318380352-166---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.5%42,36942,57242,90643,54245,69247,33048,43238,65040,89941,33836,77637,33136,49537,00537,47139,11933,87631,16930,81431,14730,211
  Current Assets-6.6%4,9115,2595,6176,2318,1558,7839,1674,5156,4166,6706,5757,0845,9516,1866,3717,5984,0082,8812,0402,2072,527
    Cash Equivalents-11.7%2,9283,3163,8434,5055,9125,2955,7843,2195,2035,5715,6266,1725,1024,5944,8366,0162,3301,2341,1611,2231,527
  Inventory4.3%14213613112912611311510296.0094.0079.0082.0088.0097.00107106103104107111111
  Net PPE3.7%5,4505,2575,2335,1415,2245,0895,02814,14514,43514,52814,34514,45414,63214,79214,97715,17318,28620,60421,05421,19620,730
  Goodwill0.4%5,1665,1435,0295,0255,0292884,7063,4753,4811,3972,0892,0872,0912,0922,0922,0922,0852,0762,0812,0021,821
  Current Liabilities5.5%3,1262,9622,7492,8444,5165,8965,5453,6003,4423,4102,0361,8351,8572,7672,5752,6263,1913,2932,7872,8132,949
  Long Term Debt-2.5%6,3446,5066,6746,8417,4337,2107,10710,50711,77111,61912,57513,24512,37711,41511,34011,74311,16914,94414,66214,73115,088
    LT Debt, Current---35.0036.001,2861,3511,2501,2501,0001,000---------3.0043.00
    LT Debt, Non Current-2.5%6,3446,5066,6746,8417,4337,2107,10710,50711,77111,61912,57513,24512,37711,41511,34011,74311,16914,94414,66214,73115,088
Shareholder's Equity-3.9%3,8113,9664,8355,2224,8325,8257,1989,88010,97711,66111,10411,23311,18011,70312,34913,33212,66310,52110,95511,21810,470
  Retained Earnings-7.5%3,6643,9634,3834,7994,7944,8725,7474,3214,3414,2112,8612,7583,0913,5404,0764,9344,2012,2562,3602,3852,423
  Additional Paid-In Capital--------7621,7502,6403,3353,5693,4393,3563,3333,2743,5313,8464,1824,4204,092
Shares Outstanding-4.2%327341353367379418430443482488489495---------
Minority Interest12.9%5234634193823799831,4644,8144,9064,8314,9244,9264,6754,8424,9745,1584,9364,4604,4344,4323,958
Float---12,300---8,200---17,500---7,900---14,400--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations3.1%715,938694,080576,706704,053423,188400,561512,231420,482486,718518,289456,026-87,610-243,438-164,103-662,565-422,937454,293388,275568,051399,782327,073
  Share Based Compensation145.9%27,36111,12511,23023,89125,1587,41515,37923,34426,49511,28110,85816,54929,27521,94818,83536,89824,32015,32017,06232,13619,167
Cashflow From Investing18.8%-293,621-361,537-271,195212,178535,545-644,0452,464,064-237,383-133,3761,950,743-118,810-154,912-112,250-69,561-21,5662,362,6814,548,687-151,688-150,754-726,811-284,329
Cashflow From Financing2.4%-827,534-847,561-949,403-2,380,133-243,738-241,133-373,844-2,165,587-720,668-2,523,413-883,5131,313,499863,589-7,985-496,9301,744,753-3,909,708-162,107-482,63024,851181,837
  Dividend Payments-----9579801,0211,0901,1511,1811,2201,2371,2361,2331,23373,90466,12566,94868,41669,79963,297
  Buy Backs9.0%623,029571,590626,338484,399-306,9541,114,0831,001,972-686,533220,392119,269---------

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 administrative4,700,6574,226,6172,507,239
Corporate expense512,399479,118422,777
Preopening and start-up expenses4151,8765,094
Property transactions, net(370,513)(1,036,997)(67,736)
Gain on REIT transactions, net0(2,277,747)0
Gain on consolidation of CityCenter, net00(1,562,329)
Depreciation and amortization814,1283,482,0501,150,610
Total expenses14,210,64811,527,9007,486,264
Income (loss) from unconsolidated affiliates(62,104)(160,213)84,823
Operating income1,891,4971,439,3722,278,699
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, net42,59182,83865,941
Total non-operating income (expense)(418,734)(535,573)(816,895)
Income before income taxes1,472,763903,7991,461,804
Provision for income taxes(157,839)(697,068)(253,415)
Net income1,314,924206,7311,208,389
Less: Net (income) loss attributable to noncontrolling interests(172,744)1,266,36245,981
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)354,926409,201481,930
Diluted (in shares)358,627412,993487,356
Casino   
Revenues   
Total revenue$ 8,087,917$ 5,734,173$ 5,362,912
Expenses   
Expenses4,316,5472,746,5762,551,169
Rooms   
Revenues   
Total revenue3,500,9263,057,1451,690,037
Expenses   
Expenses1,017,650937,272600,942
Food and beverage   
Revenues   
Total revenue2,891,4832,604,2381,391,605
Expenses   
Expenses2,153,7951,905,6251,034,780
Entertainment, retail and other   
Revenues   
Total revenue1,638,1831,686,2361,009,503
Expenses   
Expenses1,019,8301,017,817617,635
Reimbursed costs   
Revenues   
Total revenue45,74045,693226,083
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, net929,135852,149
Inventories141,678126,065
Income tax receivable141,44473,016
Prepaid expenses and other770,503583,132
Assets held for sale0608,437
Total current assets4,910,5938,154,692
Property and equipment, net5,449,5445,223,928
Other assets  
Investments in and advances to unconsolidated affiliates240,803173,039
Goodwill5,165,6945,029,312
Other intangible assets, net1,724,5821,551,252
Operating lease right-of-use assets, net24,027,46524,530,929
Other long-term assets, net849,8671,029,054
Total other assets32,008,41132,313,586
Total assets42,368,54845,692,206
Current liabilities  
Accounts and construction payable461,718369,817
Current portion of long-term debt01,286,473
Accrued interest on long-term debt60,17383,451
Other accrued liabilities2,604,1772,236,323
Liabilities related to assets held for sale0539,828
Total current liabilities3,126,0684,515,892
Deferred income taxes, net2,860,9972,969,443
Long-term debt, net6,343,8107,432,817
Operating lease liabilities25,127,46425,149,299
Other long-term obligations542,708256,282
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests33,356158,350
Stockholders' equity  
Common stock, $0.01 par value: authorized 1,000,000,000 shares, issued and outstanding 326,550,141 and 379,087,524 shares3,2663,791
Capital in excess of par value00
Retained earnings3,664,0084,794,239
Accumulated other comprehensive income143,89633,499
Total MGM Resorts International stockholders' equity3,811,1704,831,529
Noncontrolling interests522,975378,594
Total stockholders' equity4,334,1455,210,123
Total liabilities and stockholders' equity$ 42,368,548$ 45,692,206
MGM
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
 WEBSITEmgmresorts.com
 INDUSTRYLeisure
 EMPLOYEES57000

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 Fri Apr 12 2024, market cap of MGM Resorts International is 13.58 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 Fri Apr 12 2024, MGM's PE ratio (Price to Earnings) is 11.89 and Price to Sales (PS) ratio is 0.84. 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 0.067 (multiply by 100 for percentage) rate of return.