Our top pick for
Building a portfolio
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
MGM Growth Properties LLC is a reit-diversified business based in the US. MGM Growth Properties LLC shares (MGP) are listed on the NYSE and all prices are listed in US Dollars.
|Latest market close||$40.80|
|52-week range||$24.69 - $43.19|
|50-day moving average||$40.30|
|200-day moving average||$36.56|
|Wall St. target price||$40.15|
|Dividend yield||$1.985 (4.89%)|
|Earnings per share (TTM)||$1.37|
*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-09-17)||1.95%|
|1 month (2021-08-25)||2.56%|
|3 months (2021-06-25)||10.60%|
|6 months (2021-03-25)||25.23%|
|1 year (2020-09-25)||45.77%|
|2 years (2019-09-25)||32.38%|
|3 years (2018-09-25)||39.30%|
|5 years (2016-09-23)||55.84%|
Valuing MGM Growth Properties LLC stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MGM Growth Properties LLC's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MGM Growth Properties LLC's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 29x. In other words, MGM Growth Properties LLC shares trade at around 29x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
MGM Growth Properties LLC's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.11. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MGM Growth Properties LLC's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
MGM Growth Properties LLC's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $838.9 million.
The EBITDA is a measure of a MGM Growth Properties LLC's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$878.4 million|
|Operating margin TTM||69.08%|
|Gross profit TTM||$662.8 million|
|Return on assets TTM||3.62%|
|Return on equity TTM||6.56%|
|Market capitalisation||$6.3 billion|
TTM: trailing 12 months
There are currently 1.4 million MGM Growth Properties LLC shares held short by investors – that's known as MGM Growth Properties LLC's "short interest". This figure is 54.4% down from 3.1 million last month.
There are a few different ways that this level of interest in shorting MGM Growth Properties LLC shares can be evaluated.
MGM Growth Properties LLC's "short interest ratio" (SIR) is the quantity of MGM Growth Properties LLC shares currently shorted divided by the average quantity of MGM Growth Properties LLC shares traded daily (recently around 1.8 million). MGM Growth Properties LLC's SIR currently stands at 0.76. In other words for every 100,000 MGM Growth Properties LLC shares traded daily on the market, roughly 760 shares are currently held short.
However MGM Growth Properties LLC's short interest can also be evaluated against the total number of MGM Growth Properties LLC shares, or, against the total number of tradable MGM Growth Properties LLC shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MGM Growth Properties LLC's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 MGM Growth Properties LLC shares in existence, roughly 10 shares are currently held short) or 0.009% of the tradable shares (for every 100,000 tradable MGM Growth Properties LLC shares, roughly 9 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against MGM Growth Properties LLC.
Find out more about how you can short MGM Growth Properties LLC stock.
Dividend payout ratio: 88.1% of net profits
Recently MGM Growth Properties LLC has paid out, on average, around 88.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.13% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MGM Growth Properties LLC shareholders could enjoy a 5.13% return on their shares, in the form of dividend payments. In MGM Growth Properties LLC's case, that would currently equate to about $1.985 per share.
MGM Growth Properties LLC's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
MGM Growth Properties LLC's most recent dividend payout was on 14 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 September 2021 (the "ex-dividend date").
Over the last 12 months, MGM Growth Properties LLC's shares have ranged in value from as little as $24.6948 up to $43.19. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while MGM Growth Properties LLC's is 0.8373. This would suggest that MGM Growth Properties LLC's shares are less volatile than average (for this exchange).
MGM Growth Properties LLC (NYSE:MGP) is one of the leading publicly traded real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGP, together with its joint venture, currently owns a portfolio of properties, consisting of 12 premier destination resorts in Las Vegas and elsewhere across the United States, MGM Northfield Park in Northfield, OH, Empire Resort Casino in Yonkers, NY, as well as a retail and entertainment district, The Park in Las Vegas. As of December 31, 2019, our destination resorts, the Park, Empire Resort Casino, and MGM Northfield Park collectively comprised approximately 27,400 hotel rooms, 1. 4 million casino square footage, and 2. 7 million convention square footage. As a growth-oriented public real estate entity, MGP expects its relationship with MGM Resorts and other entertainment providers to attractively position MGP for the acquisition of additional properties across the entertainment, hospitality and leisure industries. .
Everything we know about the Enfusion IPO, plus information on how to buy in.
Everything we know about the Intuity Medical IPO, plus information on how to buy in.
Everything we know about the Pyxis Oncology IPO, plus information on how to buy in.
Everything we know about the AEON Biopharma IPO, plus information on how to buy in.
Everything we know about the IHS Holding Ltd IPO, plus information on how to buy in.
Everything we know about the BT Brands IPO, plus information on how to buy in.
Everything we know about the Immix IPO, plus information on how to buy in.
Everything we know about the Keter Group SA IPO, plus information on how to buy in.
Everything we know about the Theseus Pharmaceuticals IPO, plus information on how to buy in.
See the 10 biggest gainers on the New York Stock Exchange and Nasdaq on Sep. 20, 2021
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.