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MGM Resorts International (MGM)

Stock Price: $22.62 USD 1.21 (5.65%)
Updated Oct 22, 2020 4:00 PM EDT - Market closed
After-hours: $22.57 -0.05 (-0.22%) Oct 22, 7:59 PM

Stock Price Chart

Key Info

Market Cap 11.16B
Revenue (ttm) 9.04B
Net Income (ttm) 1.92B
Shares Out 493.28M
EPS (ttm) 3.88
PE Ratio 5.83
Forward PE 47.62
Dividend $0.01
Dividend Yield 0.04%

Stock Quote

Trading Day Oct 22, 2020
Last Price $22.62
Previous Close $21.41
Change ($) 1.21
Change (%) 5.65%
Day's Open 22.01
Day's Range 21.90 - 22.69
Day's Volume 10,089,066
52-Week Range 5.90 - 34.64

More Stats

Market Cap 11.16B
Enterprise Value 26.17B
Earnings Date (est) Oct 29, 2020
Ex-Dividend Date Sep 9, 2020
Shares Outstanding 493.28M
Float 430.25M
EPS (basic) 3.73
EPS (diluted) 3.88
FCF / Share -1.62
Dividend $0.01
Dividend Yield 0.04%
Earnings Yield 17.15%
FCF Yield n/a
Payout Ratio 11.00%
Shares Short 41.63M
Short Ratio 2.73
Short % of Float 9.68%
Beta 2.36
PE Ratio 5.83
Forward PE 47.62
P/FCF Ratio n/a
PS Ratio 1.23
PB Ratio 1.42
Revenue 9.04B
Operating Income 3.33B
Net Income 1.92B
Free Cash Flow -798.33M
Net Cash -15.01B
Net Cash / Share -30.43
Gross Margin 60.78%
Operating Margin 36.87%
Profit Margin 21.30%
FCF Margin -8.83%
ROA -0.93%
ROE 15.43%
ROIC 7.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (19)

Buy 3
Overweight 1
Hold 12
Underweight 1
Sell 2

Analyst Consensus: Overweight

Price Target

$20.60*
(-8.93% downside)
Low
13.0
Current: $22.62
High
30.0
Target: 20.60
*Average 12-month price target from 16 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue12,90011,76310,7979,4789,94210,84810,5649,9028,5336,690
Revenue Growth9.66%8.94%13.92%-4.66%-8.36%2.69%6.69%16.04%27.55%-
Gross Profit5,2964,8444,6043,9574,3164,4804,3053,9803,5062,895
Operating Income3,8211,3221,5661,5503382,0261,8238791,153-447
Net Income2,0494671,9521,100-448-150-172-1,7683,115-1,437
Shares Outstanding524544572568543491490489489482
Earnings Per Share3.880.813.341.92-0.82-0.31-0.35-3.625.62-3.19
EPS Growth379.01%-75.75%73.96%-------
Dividend Per Share0.520.480.44-------
Dividend Growth8.33%9.09%--------
Operating Cash Flow1,8101,7232,2061,5341,0051,1311,310909675504
Capital Expenditures-736-1,461-1,863-2,259-1,459-864-544-422-301-130
Free Cash Flow1,074261343-725-454266766487374374
Cash & Equivalents2,3301,5271,5001,4471,6702,2841,8041,5441,866499
Total Debt15,56915,27113,04513,14712,86314,24213,63613,79613,67412,260
Net Cash / Debt-13,240-13,745-11,545-11,700-11,192-11,958-11,832-12,253-11,808-11,761
Assets33,87630,21129,16028,17325,21526,59426,08526,28527,76618,952
Liabilities21,21319,74117,54918,20417,45118,96618,22418,16917,88416,020
Book Value7,7276,5127,5776,2205,1204,0914,2164,3666,0872,932
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name MGM Resorts International
Country United States
Employees 63,000
CEO William Joseph Hornbuckle

Stock Information

Ticker Symbol MGM
Stock Exchange New York Stock Exchange
Sector Consumer Cyclical
Industry Resorts & Casinos
Unique Identifier NYSE: MGM

Description

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.