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MGM Resorts International is a resorts & casinos business based in the US. MGM Resorts International shares (MGM) are listed on the NYSE and all prices are listed in US Dollars. MGM Resorts International employs 63,000 staff and has a trailing 12-month revenue of around USD$6.6 billion.
|Latest market close||USD$21.24|
|52-week range||USD$5.8983 - USD$33.6306|
|50-day moving average||USD$30.3585|
|200-day moving average||USD$23.2884|
|Wall St. target price||USD$26.81|
|Dividend yield||USD$0.01 (0.03%)|
|Earnings per share (TTM)||USD$2.947|
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 (2021-01-13)||-29.29%|
|1 month (2020-12-23)||-31.44%|
|3 months (2020-10-23)||-9.08%|
|6 months (2020-07-23)||33.67%|
|1 year (2020-01-19)||N/A|
|2 years (2019-01-19)||N/A|
|3 years (2018-01-19)||36.35|
|5 years (2016-01-20)||11.15%|
Valuing MGM Resorts International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MGM Resorts International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MGM Resorts International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, MGM Resorts International shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
MGM Resorts International's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.1999. 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 Resorts International'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 Resorts International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$762.6 million.
The EBITDA is a measure of a MGM Resorts International's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$6.6 billion|
|Gross profit TTM||USD$5.3 billion|
|Return on assets TTM||-2.71%|
|Return on equity TTM||10.74%|
|Market capitalisation||USD$14.7 billion|
TTM: trailing 12 months
There are currently 21.1 million MGM Resorts International shares held short by investors – that's known as MGM Resorts International's "short interest". This figure is 34.2% down from 32.1 million last month.
There are a few different ways that this level of interest in shorting MGM Resorts International shares can be evaluated.
MGM Resorts International's "short interest ratio" (SIR) is the quantity of MGM Resorts International shares currently shorted divided by the average quantity of MGM Resorts International shares traded daily (recently around 7.8 million). MGM Resorts International's SIR currently stands at 2.72. In other words for every 100,000 MGM Resorts International shares traded daily on the market, roughly 2720 shares are currently held short.
However MGM Resorts International's short interest can also be evaluated against the total number of MGM Resorts International shares, or, against the total number of tradable MGM Resorts International shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MGM Resorts International's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 MGM Resorts International shares in existence, roughly 40 shares are currently held short) or 0.0581% of the tradable shares (for every 100,000 tradable MGM Resorts International shares, roughly 58 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 Resorts International.
Find out more about how you can short MGM Resorts International stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like MGM Resorts International.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 31.42
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and MGM Resorts International's overall score of 31.42 (as at 01/01/2019) is nothing to write home about – landing it in it in the 45th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like MGM Resorts International is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 7.24/100
MGM Resorts International's environmental score of 7.24 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that MGM Resorts International is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 14.18/100
MGM Resorts International's social score of 14.18 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that MGM Resorts International is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 18/100
MGM Resorts International's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that MGM Resorts International is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. MGM Resorts International scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that MGM Resorts International has, for the most part, managed to keep its nose clean.
|Total ESG score||31.42|
|Total ESG percentile||44.58|
|Environmental score percentile||7|
|Social score percentile||7|
|Governance score percentile||7|
|Level of controversy||2|
Dividend payout ratio: 10.48% of net profits
Recently MGM Resorts International has paid out, on average, around 10.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.03% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MGM Resorts International shareholders could enjoy a 0.03% return on their shares, in the form of dividend payments. In MGM Resorts International's case, that would currently equate to about $0.01 per share.
While MGM Resorts International's payout ratio might seem low, this can signify that MGM Resorts International is investing more in its future growth.
MGM Resorts International's most recent dividend payout was on 15 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 9 December 2020 (the "ex-dividend date").
MGM Resorts International's shares were split on a 2:1 basis on 19 May 2005. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your MGM Resorts International shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for MGM Resorts International shares which in turn could have impacted MGM Resorts International's share price.
Over the last 12 months, MGM Resorts International's shares have ranged in value from as little as $5.8983 up to $33.6306. 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 Resorts International's is 2.4354. This would suggest that MGM Resorts International's shares are significantly more volatile than the average for this exchange and represent a higher risk.
MGM Resorts International, through its subsidiaries, owns and operates integrated casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots, table games, and race and sports book wagering. As of March 22, 2020, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts, Primm Valley Golf Club, and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.
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