Business Description
MGM Resorts International
NAICS : 721120
SIC : 7011
ISIN : US5529531015
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MGM.USAMGM.MexicoMGG.GermanyM1GM34.Brazil0JWC.UK IPO Date
1997-11-12Description
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 62% of total EBITDAR in 2023. MGM also owns U.S. regional assets, which represented low-20s of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's U.S. sports and iGaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2030.
Financial Strength
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.09 | |||||
| Equity-to-Asset | 0.09 | |||||
| Debt-to-Equity | 8.3 | |||||
| Debt-to-EBITDA | 11.51 | |||||
| Interest Coverage | 3.44 | |||||
| Piotroski F-Score | 6/9 | |||||
| Altman Z-Score | 0.91 | |||||
| Beneish M-Score | -2.12 | |||||
| WACC vs ROIC | ||||||
Growth Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 62.8 | |||||
| 3-Year EBITDA Growth Rate | 116 | |||||
| 3-Year Book Growth Rate | -3.9 | |||||
| Future 3-5Y EPS without NRI Growth Rate | 1.31 | |||||
| Future 3-5Y Total Revenue Growth Rate | 8.5 |
Momentum Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 18.04 | |||||
| 9-Day RSI | 28.1 | |||||
| 14-Day RSI | 35.38 | |||||
| 6-1 Month Momentum % | 23.83 | |||||
| 12-1 Month Momentum % | -1.05 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 1.57 | |||||
| Quick Ratio | 1.53 | |||||
| Cash Ratio | 0.94 | |||||
| Days Inventory | 5.66 | |||||
| Days Sales Outstanding | 18.29 | |||||
| Days Payable | 16.65 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Average Share Buyback Ratio | 12.9 | |||||
| Shareholder Yield % | 13.08 |
Profitability Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 47.08 | |||||
| Operating Margin % | 9.8 | |||||
| Net Margin % | 7.07 | |||||
| FCF Margin % | 10.88 | |||||
| ROE % | 26.12 | |||||
| ROA % | 2.63 | |||||
| ROIC % | 3.71 | |||||
| ROC (Joel Greenblatt) % | 6.54 | |||||
| ROCE % | 4.81 | |||||
| Years of Profitability over Past 10-Year | 7 |
GF Value Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 13.3 | |||||
| Forward PE Ratio | 19.95 | |||||
| PE Ratio without NRI | 17 | |||||
| Shiller PE Ratio | 23.36 | |||||
| Price-to-Owner-Earnings | 9.94 | |||||
| PEG Ratio | 1.02 | |||||
| PS Ratio | 0.94 | |||||
| PB Ratio | 3.6 | |||||
| Price-to-Free-Cash-Flow | 8.58 | |||||
| Price-to-Operating-Cash-Flow | 5.63 | |||||
| EV-to-EBIT | 21.73 | |||||
| EV-to-Forward-EBIT | 30.33 | |||||
| EV-to-EBITDA | 15.29 | |||||
| EV-to-Forward-EBITDA | 18.49 | |||||
| EV-to-Revenue | 2.6 | |||||
| EV-to-Forward-Revenue | 2.49 | |||||
| EV-to-FCF | 23.88 | |||||
| Price-to-Projected-FCF | 1.35 | |||||
| Price-to-Median-PS-Value | 0.7 | |||||
| Earnings Yield (Greenblatt) % | 4.6 | |||||
| FCF Yield % | 13.2 | |||||
| Forward Rate of Return (Yacktman) % | 19.03 |
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
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Performance
Dividend
Log
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Annualized Return % Â
Total Annual Return % Â
MGM Resorts International Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | 16,164.249 | ||
| EPS (TTM) ($) | 3.16 | ||
| Beta | 1.46 | ||
| Volatility % | 39.55 | ||
| 14-Day RSI | 35.38 | ||
| 14-Day ATR ($) | 1.170668 | ||
| 20-Day SMA ($) | 45.0795 | ||
| 12-1 Month Momentum % | -1.05 | ||
| 52-Week Range ($) | 34.12 - 51.35 | ||
| Shares Outstanding (Mil) | 317.02 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 6 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
MGM Resorts International Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
MGM Resorts International Stock Events
| Event | Date | Price($) | ||
|---|---|---|---|---|
| No Event Data | ||||
MGM Resorts International Frequently Asked Questions
What is MGM Resorts International(MGM)'s stock price today?
The current price of MGM is $42.04. The 52 week high of MGM is $51.35 and 52 week low is $34.12.
When is next earnings date of MGM Resorts International(MGM)?
The next earnings date of MGM Resorts International(MGM) is 2024-05-01.
Does MGM Resorts International(MGM) pay dividends? If so, how much?
MGM Resorts International(MGM) does not pay dividend.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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