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How to buy MGM Resorts International stock
Learn how to easily invest in MGM Resorts International stock.
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 57,000 staff and has a trailing 12-month revenue of around $13.1 billion.
How to buy MGM Resorts International stock
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- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – MGM. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- MGM shares summary
- Compare share dealing platforms
- Is MGM stock a buy or sell?
- Stock performance over time
- Are MGM shares over-valued?
- MGM Resorts International's financials
- How volatile are MGM shares?
- Does MGM Resorts International pay a dividend?
- Have MGM shares ever split?
- Other common questions
MGM Resorts International stock price (NYSE: MGM)Use our graph to track the performance of MGM stocks over time.
MGM Resorts International shares at a glance
|Latest market close||$41.25|
|52-week range||$26.41 - $46.24|
|50-day moving average||$41.41|
|200-day moving average||$35.27|
|Wall St. target price||$54.48|
|Dividend yield||$0.01 (0.02%)|
|Earnings per share (TTM)||$3.38|
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Is it a good time to buy MGM Resorts International stock?
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.
MGM Resorts International price performance over time
Historical closes compared with the close of $41.25 from 2023-03-17
|1 week (2023-03-09)||N/A|
|1 month (2023-02-16)||N/A|
|3 months (2022-12-16)||15.68%|
|6 months (2022-09-16)||23.65%|
|1 year (2022-03-16)||-2.18%|
|2 years (2021-03-19)||3.05%|
|3 years (2020-03-20)||353.07%|
|5 years (2018-03-20)||16.80%|
Is MGM Resorts International stock undervalued or overvalued?
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 P/E ratio
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 12x. In other words, MGM Resorts International shares trade at around 12x 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 PEG ratio
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
MGM Resorts International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.8 billion.
The EBITDA is a measure of a MGM Resorts International's overall financial performance and is widely used to measure a its profitability.
MGM Resorts International financials
|Revenue TTM||$13.1 billion|
|Gross profit TTM||$6.5 billion|
|Return on assets TTM||-2.48%|
|Return on equity TTM||2.51%|
|Market capitalisation||$15.3 billion|
TTM: trailing 12 months
MGM Resorts International share dividends
Dividend payout ratio: 0.29% of net profits
Recently MGM Resorts International has paid out, on average, around 0.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.02% 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 0.02% 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 14 December 2022. The latest dividend was paid out to all shareholders who bought their shares by 7 December 2022 (the "ex-dividend date").
Have MGM Resorts International's shares ever split?
MGM Resorts International's shares were split on a 2:1 basis on 18 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.
MGM Resorts International share price volatility
Over the last 12 months, MGM Resorts International's shares have ranged in value from as little as $26.4062 up to $46.24. 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 2.0593. 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 overview
MGM Resorts International, through its subsidiaries, owns and operates 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 and table games, as well as online sports betting and iGaming through BetMGM. 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 incorporated in 1986 and is based in Las Vegas, Nevada.
MGM Resorts International in the news
13 Best Consumer Discretionary Stocks To Buy
MGM Shares Surprising Las Vegas Strip News
Las Vegas Strip Resort Prices Will Go Up (There May Be a Limit)
Frequently asked questionsWhat percentage of MGM Resorts International is owned by insiders or institutions?
Currently 17.984% of MGM Resorts International shares are held by insiders and 67.431% by institutions. How many people work for MGM Resorts International?
Latest data suggests 57,000 work at MGM Resorts International. When does the fiscal year end for MGM Resorts International?
MGM Resorts International's fiscal year ends in December. Where is MGM Resorts International based?
MGM Resorts International's address is: 3600 Las Vegas Boulevard South, Las Vegas, NV, United States, 89109 What is MGM Resorts International's ISIN number?
MGM Resorts International's international securities identification number is: US5529531015 What is MGM Resorts International's CUSIP number?
MGM Resorts International's Committee on Uniform Securities Identification Procedures number is: 552953101
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