MGM Growth Properties LLC Class A common shares representing limited liability company interests (MGP): Price and Financial Metrics


MGM Growth Properties LLC Class A common shares representing limited liability company interests (MGP): $41.64

1.26 (+3.12%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: REITs - Hotel


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MGP Price/Volume Stats

Current price $41.64 52-week high $43.19
Prev. close $40.38 52-week low $33.43
Day low $40.33 Volume 3,587,200
Day high $42.28 Avg. volume 1,083,846
50-day MA $38.44 Dividend yield 5.09%
200-day MA $38.99 Market Cap 6.53B

MGM Growth Properties LLC Class A common shares representing limited liability company interests (MGP) Company Bio


MGM Growth Properties will own six large scale entertainment and gaming resorts on the strip in Las Vegas. These include Mandalay Bay, The Mirage, Monte Carlo, New York-New York, Luxur, and Excalibur, as well as The Park, a dining and entertainment complex located between New York-New York and Monte Carlo. Combined, these properties represent 24% of total hotel rooms on the strip and about 35% of the privately owned convention and meeting space. Outside of Las Vegas, MGP also will own three other casino-resort properties, such as MGM Grand Detroit, and Beau Rivage and Gold Strike Tunica, both of which are located in Mississippi.


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Latest MGP News From Around the Web

Below are the latest news stories about MGM GROWTH PROPERTIES LLC that investors may wish to consider to help them evaluate MGP as an investment opportunity.

7 REITs to Buy for a Profitable Summer

Investing in REITs that grow their profitability each year and trade at reasonable valuations is a perfect way to accumulate long-term wealth

Tezcan Gecgil on InvestorPlace | June 22, 2022

VICI Properties closes on MGM Growth Properties acquisition

VICI Properties (VICI) closed on its previously announced acquisition of MGM Growth Properties (MGP) on Friday, making it the largest owner of hotel and conference real estate in…

Seeking Alpha | April 29, 2022

MGM RESORTS INTERNATIONAL ANNOUNCES THE CLOSING OF STRATEGIC TRANSACTIONS WITH MGM GROWTH PROPERTIES AND VICI PROPERTIES INC.

MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the closing of the previously announced transactions with VICI Properties Inc. ("VICI") (NYSE: VICI) and MGM Growth Properties LLC ("MGP") (NYSE: MGP) whereby VICI redeemed a majority of the MGP operating partnership units held by MGM Resorts for $43 per unit, or approximately $4.4 billion in cash and acquired 100% of the outstanding class A shares of MGP in a stock-for-stock transaction.

Yahoo | April 29, 2022

VICI Properties Inc. Completes $17.2 Billion Strategic Acquisition of MGM Growth Properties LLC

NEW YORK, April 29, 2022--VICI Properties Inc. (NYSE: VICI) ("VICI," "VICI Properties" or the "Company"), an experiential real estate investment trust, today announced it has closed on the previously announced acquisition of MGM Growth Properties LLC (NYSE: MGP) ("MGP"). Upon completion of the merger, VICI will have an estimated enterprise value of approximately $44.0 billion, firmly solidifying VICI’s position as the largest experiential net lease REIT while also advancing VICI’s strategic goal

Yahoo | April 29, 2022

MGM Growth Properties AFFO of $0.69 beats by $0.08, revenue of $201.93M beats by $0.41M

MGM Growth Properties press release (MGP): Q1 AFFO of $0.69 beats by $0.08.Revenue of $201.93M (+3.9% Y/Y) beats by $0.41M.Consolidated net income of $116.5 million, or $0.43 per…

Seeking Alpha | April 21, 2022

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MGP Price Returns

1-mo N/A
3-mo N/A
6-mo N/A
1-year 14.05%
3-year 58.27%
5-year 87.70%
YTD 3.31%
2021 38.04%
2020 8.66%
2019 24.65%
2018 -3.59%
2017 21.74%

MGP Dividends

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Continue Researching MGP

Here are a few links from around the web to help you further your research on MGM Growth Properties LLC's stock as an investment opportunity:

MGM Growth Properties LLC (MGP) Stock Price | Nasdaq
MGM Growth Properties LLC (MGP) Stock Quote, History and News - Yahoo Finance
MGM Growth Properties LLC (MGP) Stock Price and Basic Information | MarketWatch

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