MGM Resorts International (MGM)

Last Closing Price: 42.71 (2024-04-24)

Company Description

MGM Resorts International is a holding company which owns and operates casino resorts through wholly owned subsidiaries. The company's resorts portfolio incorporates unique hotel offerings, including some of the most familiar resort brands in the industry such as Bellagio, MGM Grand, Mandalay Bay and The Mirage. The company reports under three segments: Las Vegas Strip, Regional Operations, MGM China and Management and other operations. MGM China's operations consist of the MGM Macau resort and casino and the company is currently developing an integrated casino, hotel, and entertainment resort on the Cotai Strip in the region. MGM Resorts created a controlled real estate investment trust named MGM Growth Properties LLC. MGM Growth Properties LLC, a premier real estate investment trust engaged in the acquisition, ownership and leasing of large-scale resorts. The company's superior business model, extensive non-gaming revenue opportunities, high-quality assets and property locations are primary growth drivers.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $16.16B
Net Income (Most Recent Fiscal Year) $1.14B
PE Ratio (Current Year Earnings Estimate) 17.39
PE Ratio (Trailing 12 Months) 15.70
PEG Ratio (Long Term Growth Estimate) 1.76
Price to Sales Ratio (Trailing 12 Months) 0.84
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 3.38
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 8.14
Pre-Tax Margin (Trailing 12 Months) 9.11%
Net Margin (Trailing 12 Months) 7.07%
Return on Equity (Trailing 12 Months) 20.51%
Return on Assets (Trailing 12 Months) 2.25%
Current Ratio (Most Recent Fiscal Quarter) 1.57
Quick Ratio (Most Recent Fiscal Quarter) 1.53
Debt to Common Equity (Most Recent Fiscal Quarter) 1.46
Inventory Turnover (Trailing 12 Months) 63.69
Book Value per Share (Most Recent Fiscal Quarter) $12.69
Earnings per Share (Most Recent Fiscal Quarter) $1.06
Earnings per Share (Most Recent Fiscal Year) $2.67
Diluted Earnings per Share (Trailing 12 Months) $3.17
Stock
Exchange NYSE
Sector Consumer Cyclical
Industry Resorts & Casinos
Common Shares Outstanding 317.02M
Free Float 310.26M
Market Capitalization $13.58B
Average Volume (Last 20 Days) 2.72M
Beta (Past 60 Months) 2.19
Percentage Held By Insiders (Latest Annual Proxy Report) 2.13%
Percentage Held By Institutions (Latest 13F Reports) 68.11%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%