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How to buy MGM Growth Properties LLC (MGP) stocks in Canada

Learn how to easily invest in MGM Growth Properties LLC stocks.

MGM Growth Properties LLC is a reit-diversified business based in the US. MGM Growth Properties LLC stocks (MGP.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $36.04 – a decrease of 2.89% over the previous week. MGM Growth Properties LLC employs 0 staff and has a trailing 12-month revenue of around $878.2 million.

How to buy shares in MGM Growth Properties LLC

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MGP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

MGM Growth Properties LLC stock price (NYSE:MGP)

Use our graph to track the performance of MGP stocks over time.

MGM Growth Properties LLC shares at a glance

Information last updated 2022-01-18.
Latest market close$37.28
52-week range$28.30 - $42.06
50-day moving average $38.72
200-day moving average $38.06
Wall St. target price$40.75
PE ratio 19.1799
Dividend yield $2.018 (5.44%)
Earnings per share (TTM) $1.36

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Is it a good time to buy MGM Growth Properties LLC 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.

MGM Growth Properties LLC price performance over time

Historical closes compared with the close of $37.28 from 2022-01-20

1 week (2022-01-14) -3.47%
1 month (2021-12-21) -3.82%
3 months (2021-10-21) -8.06%
6 months (2021-07-21) -1.06%
1 year (2021-01-21) 17.53%
2 years (2020-01-21) 14.50%
3 years (2019-01-18) 27.76%
5 years (2017-01-20) 49.06%

Is MGM Growth Properties LLC under- or over-valued?

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 P/E ratio

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 19x. In other words, MGM Growth Properties LLC shares trade at around 19x 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 Growth Properties LLC's PEG ratio

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

MGM Growth Properties LLC's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $831.7 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.

MGM Growth Properties LLC financials

Revenue TTM $878.2 million
Operating margin TTM 68.35%
Gross profit TTM $662.8 million
Return on assets TTM 3.61%
Return on equity TTM 705.66%
Profit margin 22.2%
Book value $19.20
Market capitalisation $6.1 billion

TTM: trailing 12 months

MGM Growth Properties LLC share dividends

89%

Dividend payout ratio: 89.35% of net profits

Recently MGM Growth Properties LLC has paid out, on average, around 89.35% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.44% 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 5.44% return on their shares, in the form of dividend payments. In MGM Growth Properties LLC's case, that would currently equate to about $2.018 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 13 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 29 December 2021 (the "ex-dividend date").

MGM Growth Properties LLC share price volatility

Over the last 12 months, MGM Growth Properties LLC's shares have ranged in value from as little as $28.2981 up to $42.0591. A popular way to gauge a stock's volatility is its "beta".

MGP.US volatility(beta: 0.91)Avg. volatility(beta: 1.00)LowHigh

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 0.9052. This would suggest that MGM Growth Properties LLC's shares are less volatile than average (for this exchange).

MGM Growth Properties LLC overview

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. .

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