MGM Resorts International Statistics
Total Valuation
MGM has a market cap or net worth of $13.28 billion. The enterprise value is $42.06 billion.
| Market Cap | 13.28B |
| Enterprise Value | 42.06B |
Important Dates
The next confirmed earnings date is Wednesday, July 31, 2024, after market close.
| Earnings Date | Jul 31, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
MGM has 313.68 million shares outstanding. The number of shares has decreased by -14.37% in one year.
| Shares Outstanding | 313.68M |
| Shares Change (YoY) | -14.37% |
| Shares Change (QoQ) | -4.77% |
| Owned by Insiders (%) | 21.44% |
| Owned by Institutions (%) | 66.97% |
| Float | 246.13M |
Valuation Ratios
The trailing PE ratio is 16.34 and the forward PE ratio is 14.51. MGM's PEG ratio is 15.74.
| PE Ratio | 16.34 |
| Forward PE | 14.51 |
| PS Ratio | 0.80 |
| Forward PS | 0.77 |
| PB Ratio | 3.84 |
| P/FCF Ratio | 8.40 |
| PEG Ratio | 15.74 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.64, with an EV/FCF ratio of 26.61.
| EV / Earnings | 47.10 |
| EV / Sales | 2.52 |
| EV / EBITDA | 15.64 |
| EV / EBIT | 30.73 |
| EV / FCF | 26.61 |
Financial Position
The company has a current ratio of 1.51, with a Debt / Equity ratio of 9.11.
| Current Ratio | 1.51 |
| Quick Ratio | 1.20 |
| Debt / Equity | 9.11 |
| Debt / EBITDA | 11.72 |
| Debt / FCF | 19.93 |
| Interest Coverage | 3.11 |
Financial Efficiency
Return on equity (ROE) is 22.80% and return on invested capital (ROIC) is 4.49%.
| Return on Equity (ROE) | 22.80% |
| Return on Assets (ROA) | 2.10% |
| Return on Capital (ROIC) | 4.49% |
| Revenue Per Employee | $219,400 |
| Profits Per Employee | $11,748 |
| Employee Count | 76,000 |
| Asset Turnover | 0.39 |
| Inventory Turnover | 64.60 |
Taxes
In the past 12 months, MGM has paid $35.73 million in taxes.
| Income Tax | 35.73M |
| Effective Tax Rate | 3.85% |
Stock Price Statistics
The stock price has decreased by -3.36% in the last 52 weeks. The beta is 2.25, so MGM's price volatility has been higher than the market average.
| Beta (5Y) | 2.25 |
| 52-Week Price Change | -3.36% |
| 50-Day Moving Average | 40.97 |
| 200-Day Moving Average | 41.37 |
| Relative Strength Index (RSI) | 54.63 |
| Average Volume (20 Days) | 3,517,658 |
Short Selling Information
The latest short interest is 14.10 million, so 4.50% of the outstanding shares have been sold short.
| Short Interest | 14.10M |
| Short Previous Month | 13.11M |
| Short % of Shares Out | 4.50% |
| Short % of Float | 5.73% |
| Short Ratio (days to cover) | 4.09 |
Income Statement
In the last 12 months, MGM had revenue of $16.67 billion and earned $892.85 million in profits. Earnings per share was $2.59.
| Revenue | 16.67B |
| Gross Profit | 7.76B |
| Operating Income | 1.63B |
| Pretax Income | 928.58M |
| Net Income | 892.85M |
| EBITDA | 2.69B |
| EBIT | 1.37B |
| Earnings Per Share (EPS) | $2.59 |
Balance Sheet
The company has $2.72 billion in cash and $31.50 billion in debt, giving a net cash position of -$28.78 billion or -$91.74 per share.
| Cash & Cash Equivalents | 2.72B |
| Total Debt | 31.50B |
| Net Cash | -28.78B |
| Net Cash Per Share | -$91.74 |
| Equity (Book Value) | 3.46B |
| Book Value Per Share | 11.02 |
| Working Capital | 1.54B |
Cash Flow
In the last 12 months, operating cash flow was $2.54 billion and capital expenditures -$955.71 million, giving a free cash flow of $1.58 billion.
| Operating Cash Flow | 2.54B |
| Capital Expenditures | -955.71M |
| Free Cash Flow | 1.58B |
| FCF Per Share | $4.93 |
Margins
Gross margin is 46.52%, with operating and profit margins of 9.78% and 5.35%.
| Gross Margin | 46.52% |
| Operating Margin | 9.78% |
| Pretax Margin | 5.57% |
| Profit Margin | 5.35% |
| EBITDA Margin | 16.12% |
| EBIT Margin | 8.21% |
| FCF Margin | 9.48% |
Dividends & Yields
MGM does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 14.37% |
| Shareholder Yield | 14.37% |
| Earnings Yield | 6.72% |
| FCF Yield | 11.90% |
Analyst Forecast
The average price target for MGM is $54.62, which is 29.03% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $54.62 |
| Price Target Difference | 29.03% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 3.77% |
| EPS Growth Forecast (5Y) | 9.84% |
Stock Splits
The last stock split was on May 19, 2005. It was a forward split with a ratio of 2:1.
| Last Split Date | May 19, 2005 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
MGM has an Altman Z-Score of 0.87 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.87 |
| Piotroski F-Score | 7 |