MGM Resorts International (MGM)
Total Valuation
MGM has a market cap or net worth of $14.97 billion. The enterprise value is $43.57 billion.
Market Cap | 14.97B |
Enterprise Value | 43.57B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, after market close.
Earnings Date | May 1, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
MGM has 317.02 million shares outstanding. The number of shares has decreased by -13.16% in one year.
Shares Outstanding | 317.02M |
Shares Change (YoY) | -13.16% |
Shares Change (QoQ) | -3.25% |
Owned by Insiders (%) | 21.21% |
Owned by Institutions (%) | 69.81% |
Float | 251.51M |
Valuation Ratios
The trailing PE ratio is 14.80 and the forward PE ratio is 19.19. MGM's PEG ratio is 19.35.
PE Ratio | 14.80 |
Forward PE | 19.19 |
PS Ratio | 0.93 |
Forward PS | 0.89 |
PB Ratio | 3.93 |
P/FCF Ratio | 6.73 |
PEG Ratio | 19.35 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.10, with an EV/FCF ratio of 19.58.
EV / Earnings | 38.15 |
EV / Sales | 2.70 |
EV / EBITDA | 14.10 |
EV / EBIT | 24.75 |
EV / FCF | 19.58 |
Financial Position
The company has a current ratio of 1.57, with a Debt / Equity ratio of 8.27.
Current Ratio | 1.57 |
Quick Ratio | 1.23 |
Debt / Equity | 8.27 |
Debt / EBITDA | 10.20 |
Debt / FCF | 14.17 |
Interest Coverage | 3.82 |
Financial Efficiency
Return on equity (ROE) is 26.80% and return on invested capital (ROIC) is 4.86%.
Return on Equity (ROE) | 26.80% |
Return on Assets (ROA) | 2.70% |
Return on Capital (ROIC) | 4.86% |
Revenue Per Employee | $212,687 |
Profits Per Employee | $15,029 |
Employee Count | 76,000 |
Asset Turnover | 0.38 |
Inventory Turnover | 63.89 |
Taxes
In the past 12 months, MGM has paid $157.84 million in taxes.
Income Tax | 157.84M |
Effective Tax Rate | 12.14% |
Stock Price Statistics
The stock price has increased by +12.92% in the last 52 weeks. The beta is 2.19, so MGM's price volatility has been higher than the market average.
Beta (1Y) | 2.19 |
52-Week Price Change | +12.92% |
50-Day Moving Average | 43.70 |
200-Day Moving Average | 42.41 |
Relative Strength Index (RSI) | 75.00 |
Average Volume (30 Days) | 4,085,852 |
Short Selling Information
The latest short interest is 13.69 million, so 4.32% of the outstanding shares have been sold short.
Short Interest | 13.69M |
Short Previous Month | 11.30M |
Short % of Shares Out | 4.32% |
Short % of Float | 5.44% |
Short Ratio (days to cover) | 3.71 |
Income Statement
In the last 12 months, MGM had revenue of $16.16 billion and earned $1.14 billion in profits. Earnings per share was $3.19.
Revenue | 16.16B |
Gross Profit | 7.61B |
Operating Income | 1.95B |
Pretax Income | 1.30B |
Net Income | 1.14B |
EBITDA | 3.09B |
EBIT | 1.76B |
Earnings Per Share (EPS) | $3.19 |
Balance Sheet
The company has $2.93 billion in cash and $31.53 billion in debt, giving a net cash position of -$28.60 billion or -$90.23 per share.
Cash & Cash Equivalents | 2.93B |
Total Debt | 31.53B |
Net Cash | -28.60B |
Net Cash Per Share | -$90.23 |
Equity / Book Value | 3.81B |
Book Value Per Share | 12.02 |
Working Capital | 1.78B |
Cash Flow
In the last 12 months, operating cash flow was $2.69 billion and capital expenditures -$465.99 million, giving a free cash flow of $2.22 billion.
Operating Cash Flow | 2.69B |
Capital Expenditures | -465.99M |
Free Cash Flow | 2.22B |
FCF Per Share | $6.27 |
Margins
Gross margin is 47.08%, with operating and profit margins of 12.09% and 7.07%.
Gross Margin | 47.08% |
Operating Margin | 12.09% |
Pretax Margin | 8.04% |
Profit Margin | 7.07% |
EBITDA Margin | 19.12% |
EBIT Margin | 10.89% |
FCF Margin | 13.76% |
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 | 13.16% |
Shareholder Yield | 13.16% |
Earnings Yield | 7.63% |
FCF Yield | 14.87% |
Analyst Forecast
The average price target for MGM is $55.29, which is 17.12% higher than the current price. The consensus rating is "Buy".
Price Target | $55.29 |
Price Target Difference | 17.12% |
Analyst Consensus | Buy |
Analyst Count | 14 |
Revenue Growth Forecast (5Y) | 2.50% |
EPS Growth Forecast (5Y) | n/a |
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 0.93 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 0.93 |
Piotroski F-Score | 7 |