MGM Resorts International is a resorts & casinos business based in the US. MGM Resorts International stocks (MGM.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $44.76 – a decrease of 2.17% over the previous week. MGM Resorts International employs 45,000 staff and has a trailing 12-month revenue of around $7.8 billion.
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What's in this guide?
- Can I buy shares in MGM Resorts International?
- Has coronavirus impacted MGM Resorts International shares?
- MGM Resorts International shares summary
- Compare share dealing platforms
- Is MGM Resorts International stock a buy or sell?
- MGM Resorts International performance over time
- Is MGM Resorts International suitable for ethical investing?
- Are MGM Resorts International shares over-valued?
- MGM Resorts International's financials
- How volatile are MGM Resorts International shares?
- Does MGM Resorts International pay a dividend?
- Have MGM Resorts International 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||$43.83|
|52-week range||$27.81 - $51.17|
|50-day moving average||$43.83|
|200-day moving average||$42.46|
|Wall St. target price||$55.15|
|Dividend yield||$0.01 (0.02%)|
|Earnings per share (TTM)||$1.25|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
MGM Resorts International price performance over time
|1 week (2022-01-12)||-2.17%|
|1 month (2021-12-17)||3.67%|
|3 months (2021-10-19)||-7.67%|
|6 months (2021-07-19)||19.66%|
|1 year (2021-01-19)||43.56%|
|2 years (2020-01-17)||26.90%|
|3 years (2019-01-18)||53.47%|
|5 years (2017-01-19)||52.77%|
Is MGM Resorts International under- or over-valued?
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 36x. In other words, MGM Resorts International shares trade at around 36x 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 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 $1.1 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||$7.8 billion|
|Gross profit TTM||$1.7 billion|
|Return on assets TTM||-0.12%|
|Return on equity TTM||5.41%|
|Market capitalisation||$20.9 billion|
TTM: trailing 12 months
MGM Resorts International's environmental, social and governance track record
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.
MGM Resorts International's total ESG risk score
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.).
MGM Resorts International's environmental score
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.
MGM Resorts International's social score
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.
MGM Resorts International's governance score
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.
MGM Resorts International's controversy score
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.
MGM Resorts International share dividends
Dividend payout ratio: 0.8% of net profits
Recently MGM Resorts International has paid out, on average, around 0.8% 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 15 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 9 December 2021 (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 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.
MGM Resorts International share price volatility
Over the last 12 months, MGM Resorts International's shares have ranged in value from as little as $27.8071 up to $51.167. 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 2.4065. This would suggest that MGM Resorts International's shares are significantly more volatile than the average for this exchange and represent a higher risk.
How has Coronavirus impacted MGM Resorts International's stock price?
Since the stock market crash in March caused by coronavirus, MGM Resorts International's stock price has had significant positive movement.
Its last market close was $43.83, which is 28.38% up on its pre-crash value of $31.39 and 642.87% up on the lowest point reached during the March crash when the stocks fell as low as $5.9001.
If you had bought $1,000 worth of MGM Resorts International stocks at the start of February 2020, those stocks would have been worth $293.17 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,404.31.
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. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts 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.
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