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


Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 18 in REITs - Hotel

See all "A" rated Strong Buy stocks

MGP Stock Summary

  • MGP's current price/earnings ratio is 186.09, which is higher than 97.41% of US stocks with positive earnings.
  • Of note is the ratio of MGM Growth Properties LLC's sales and general administrative expense to its total operating expenses; merely 2.76% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for MGM Growth Properties LLC is higher than it is for about 89.14% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to MGM Growth Properties LLC are FSP, GMRE, MGEE, GASS, and BDN.
  • Visit MGP's SEC page to see the company's official filings. To visit the company's web site, go to www.mgmgrowthproperties.com.
MGP Daily Price Range
MGP 52-Week Price Range

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MGP Price/Volume Stats

Current price $29.09 52-week high $34.37
Prev. close $29.11 52-week low $11.43
Day low $28.96 Volume 1,962,839
Day high $30.87 Avg. volume 2,113,030
50-day MA $24.65 Dividend yield 6.53%
200-day MA $28.61 Market Cap 3.82B

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.

MGP Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$29.09$479.241540%

We started the process of determining a valid price forecast for MGM Growth Properties LLC with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that MGM Growth Properties LLC ranked in the 89th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 1547.67% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for MGP, they are:

  • Its compound free cash flow growth rate, as measured over the past 3.17 years, is 0.66% -- higher than 87.39% of stocks in our DCF forecasting set.
  • The company has produced more trailing twelve month cash flow than 86.41% of its sector Real Estate.
  • 46% of the company's capital comes from equity, which is greater than just 24.91% of stocks in our cash flow based forecasting set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%1507%
1%1523%
2%1540%
3%1556%
4%1572%
5%1588%

CLNC, KRG, PEB, RVI, and WELL can be thought of as valuation peers to MGP, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.


MGP Latest News Stream


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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.

MGM Growth Properties Operating Partnership LP Announces Closing Of Upsized $800 Million Senior Notes Offering

MGM Growth Properties Operating Partnership LP (the "Operating Partnership") and MGP Finance Co-Issuer, Inc. (together with the Operating Partnership, the "Issuers"), consolidated subsidiaries of MGM Growth Properties LLC (NYSE: MGP) (the "Company"), have completed the issuance of $800 million in aggregate principal amount of 4.625% senior notes due 2025 (the "notes") at par. The $800 million aggregate principal amount of the notes represented an increase of $300 million from the originally announced offering size of $500 million.

Yahoo | June 5, 2020

Casino Stocks Are Surging as Las Vegas Reopens

Gambling companies’ success at drawing customers while keeping Covid-19 at bay will be closely watched.

Yahoo | June 4, 2020

A Safe Vegas Dividend-Yield Play: MGM Growth Properties

Las Vegas is reopening, but attractive dividend yields look scarce. MGM Growth Properties, formed in 2015, sports an attractive and arguably safe yield of 6.6%.

Yahoo | June 4, 2020

MGM Growth Properties partnership proposes private offering

Two MGM Growth Properties (MGP) subsidiaries propose to offer $500M of senior notes due 2025 to raise capital to repay $494M of drawings under MGM Growth Properties Operating Partnership's revolving credit facility.The company drew down from the credit facility primarily to improve its liquidity position in light of the COVID-19...

Seeking Alpha | June 2, 2020

MGM Growth Properties Operating Partnership LP Announces Proposed Private Offering

LAS VEGAS, June 2, 2020 /PRNewswire/ -- MGM Growth Properties Operating Partnership LP (the "Operating Partnership") and MGP Finance Co-Issuer, Inc. (together, the "Issuers"), consolidated subsidiaries of MGM Growth Properties LLC (NYSE: MGP) (the "Company"), today announced that the…

PR Newswire | June 2, 2020

Read More 'MGP' Stories Here

MGP Price Returns

1-mo 21.01%
3-mo 9.86%
6-mo 0.58%
1-year 1.36%
3-year 26.91%
5-year N/A
YTD -4.04%
2019 24.65%
2018 -3.59%
2017 21.74%
2016 N/A
2015 N/A

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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