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How to buy MGM Resorts International (MGM) stocks in Canada

Learn how to easily invest in MGM Resorts International stocks.

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.

How to buy shares in MGM Resorts International

  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 – MGM – 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 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

Information last updated 2022-01-16.
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
PE ratio 35.6616
Dividend yield $0.01 (0.02%)
Earnings per share (TTM) $1.25

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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.

MGM Resorts International price performance over time

Historical closes compared with the close of $43.83 from 2022-01-18

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%
Profit margin 8.66%
Book value $14.54
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

1%

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".

MGM.US volatility(beta: 2.41)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 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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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