MGM Resorts International (MGM): Price and Financial Metrics
MGM Price/Volume Stats
| Current price | $41.33 | 52-week high | $46.37 |
| Prev. close | $41.57 | 52-week low | $26.41 |
| Day low | $40.99 | Volume | 3,465,400 |
| Day high | $41.92 | Avg. volume | 4,325,475 |
| 50-day MA | $42.71 | Dividend yield | N/A |
| 200-day MA | $38.47 | Market Cap | 15.04B |
MGM Stock Price Chart Interactive Chart >
MGM POWR Grades
- Sentiment is the dimension where MGM ranks best; there it ranks ahead of 92.6% of US stocks.
- MGM's strongest trending metric is Growth; it's been moving up over the last 179 days.
- MGM's current lowest rank is in the Stability metric (where it is better than 26.72% of US stocks).
MGM Stock Summary
- MGM RESORTS INTERNATIONAL's stock had its IPO on January 12, 1990, making it an older stock than 89.64% of US equities in our set.
- Of note is the ratio of MGM RESORTS INTERNATIONAL's sales and general administrative expense to its total operating expenses; 98.96% of US stocks have a lower such ratio.
- MGM RESORTS INTERNATIONAL's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 20.71%, greater than the shareholder yield of 90.99% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to MGM RESORTS INTERNATIONAL are HBAN, L, ARCO, HEES, and CROX.
- MGM's SEC filings can be seen here. And to visit MGM RESORTS INTERNATIONAL's official web site, go to www.mgmresorts.com.
MGM Valuation Summary
- In comparison to the median Consumer Cyclical stock, MGM's price/sales ratio is 38.89% lower, now standing at 1.1.
- Over the past 243 months, MGM's price/sales ratio has gone up 0.2.
Below are key valuation metrics over time for MGM.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| MGM | 2023-05-19 | 1.1 | 3.2 | 7.9 | 12.7 |
| MGM | 2023-05-18 | 1.1 | 3.2 | 8.0 | 12.8 |
| MGM | 2023-05-17 | 1.1 | 3.2 | 7.8 | 12.7 |
| MGM | 2023-05-16 | 1.1 | 3.1 | 7.6 | 12.6 |
| MGM | 2023-05-15 | 1.1 | 3.2 | 7.9 | 12.7 |
| MGM | 2023-05-12 | 1.1 | 3.2 | 7.8 | 12.7 |
MGM Growth Metrics
- Its 5 year net income to common stockholders growth rate is now at 127.53%.
- Its 2 year price growth rate is now at 179.61%.
- The year over year net cashflow from operations growth rate now stands at 262.52%.
The table below shows MGM's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 13,127.49 | 1,756.462 | 1,473.093 |
| 2022-09-30 | 12,592.16 | 1,819.992 | 1,320.104 |
| 2022-06-30 | 11,883.63 | 1,937.72 | 3,247.367 |
| 2022-03-31 | 10,886.7 | 1,881.515 | 1,568.183 |
| 2021-12-31 | 9,680.14 | 1,373.423 | 1,254.37 |
| 2021-09-30 | 8,116.784 | 643.267 | 675.752 |
MGM's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- MGM has a Quality Grade of C, ranking ahead of 58.84% of graded US stocks.
- MGM's asset turnover comes in at 0.177 -- ranking 70th of 79 Restaraunts Hotels Motels stocks.
- WYNN, XHR, and PLYA are the stocks whose asset turnover ratios are most correlated with MGM.
The table below shows MGM's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.177 | 0.432 | -0.016 |
| 2021-03-31 | 0.123 | 0.354 | -0.045 |
| 2020-12-31 | 0.138 | 0.331 | -0.012 |
| 2020-09-30 | 0.186 | 0.352 | 0.061 |
| 2020-06-30 | 0.255 | 0.375 | 0.078 |
| 2020-03-31 | 0.355 | 0.401 | 0.114 |
MGM Price Target
For more insight on analysts targets of MGM, see our MGM price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $48.54 | Average Broker Recommendation | 1.68 (Moderate Buy) |
MGM Resorts International (MGM) Company Bio
MGM Resorts International, headquartered in Las Vegas, Nevada, owns and operates 30 casino, hotel, and entertainment resorts. The company offers its services through its properties in Las Vegas, which include Bellagio, MGM Grand, Mandalay Bay, Mirage, Luxor, and New York-New York. MGM Resorts provide accommodation, dining and gaming services for individuals and families. Since March 24, 2020 MGM Resorts Chief Operating Officer is William (Bill) Hornbuckle. MGM Resort’s main competitors are Caesars Entertainment Inc. (CZR), Las Vegas Sands Corp. (LVS), and Wynn Resorts Ltd. (WYNN). The company has 83,000 employees and made $5.16 billion in revenue in 2020.
Latest MGM News From Around the Web
Below are the latest news stories about MGM RESORTS INTERNATIONAL that investors may wish to consider to help them evaluate MGM as an investment opportunity.
BetMGM Launches Mobile Sports Betting in Puerto RicoBetMGM, a leading sports betting and iGaming operator, announced the launch of the BetMGM mobile sports betting app in Puerto Rico in partnership with Casino del Mar at La Concha Resort. Puerto Rico is the second market outside of the U.S. mainland for BetMGM's mobile sports betting app. |
MGM Resorts Intl Stock Scores Rising Relative StrengthMGM Resorts Intl shows improving price performance, earning an upgrade to its IBD Relative Strength Rating |
Bull Signal Says Bet on MGM Resorts StocksMGM Resorts stock pulled back to a historically bullish trendline |
The 7 Best Stocks to Buy on a Dip in June 2023With one of the best analysts turning very bullish on stocks and the economy, investors should look for the best stocks to buy on a dip. |
MGM Makes Surprising Las Vegas Strip Gambling ChangeThe company has changed a long-standing policy that may lead to Caesars and other operators doing the same thing. |
MGM Price Returns
| 1-mo | -2.80% |
| 3-mo | -3.16% |
| 6-mo | 12.01% |
| 1-year | 30.07% |
| 3-year | 101.63% |
| 5-year | 35.53% |
| YTD | 23.26% |
| 2022 | -25.27% |
| 2021 | 42.46% |
| 2020 | -4.57% |
| 2019 | 39.69% |
| 2018 | -26.16% |
Continue Researching MGM
Want to see what other sources are saying about MGM Resorts International's financials and stock price? Try the links below:MGM Resorts International (MGM) Stock Price | Nasdaq
MGM Resorts International (MGM) Stock Quote, History and News - Yahoo Finance
MGM Resorts International (MGM) Stock Price and Basic Information | MarketWatch
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