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MGM Growth Properties LLC (MGP)

Stock Price: $32.55 USD 1.09 (3.46%)
Updated December 3, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 4.28B
Revenue (ttm) 824.14M
Net Income (ttm) 60.58M
Shares Out 131.57M
EPS (ttm) 0.49
PE Ratio 66.43
Forward PE 15.48
Dividend $1.95
Dividend Yield 5.99%

Stock Quote

Trading Day December 3
Last Price $32.55
Previous Close $31.46
Change ($) 1.09
Change (%) 3.46%
Day's Open 31.54
Day's Range 31.43 - 32.62
Day's Volume 1,602,430
52-Week Range 12.55 - 32.62

More Stats

Market Cap 4.28B
Enterprise Value 7.48B
Earnings Date (est) n/a
Ex-Dividend Date Sep 29, 2020
Shares Outstanding 131.57M
Float n/a
EPS (basic) 0.49
EPS (diluted) 0.49
FCF / Share 5.92
Dividend $1.95
Dividend Yield 5.99%
Earnings Yield 1.51%
FCF Yield 18.21%
Payout Ratio 391.80%
Shares Short 2.62M
Short Ratio 2.28
Short % of Float n/a
Beta 0.73
PE Ratio 66.43
Forward PE 15.48
P/FCF Ratio 5.49
PS Ratio 5.19
PB Ratio 3.80
Revenue 824.14M
Operating Income 337.08M
Net Income 60.58M
Free Cash Flow 779.02M
Net Cash -3.20B
Net Cash / Share -24.35
Gross Margin 95.31%
Operating Margin 40.90%
Profit Margin 7.40%
FCF Margin 94.52%
ROA 2.27%
ROE 2.23%
ROIC 2.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (15)

Buy 11
Overweight 1
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$33.00*
(1.38% upside)
Low
30.0
Current: $32.55
High
37.0
Target: 33.00
*Average 12-month price target from 15 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014
Revenue881869766468--
Revenue Growth1.33%13.56%63.77%---
Gross Profit857750677399-58.47-
Operating Income525440353154-262-246
Net Income90.2667.0741.7829.94--
Shares Outstanding93.0571.0061.7357.50--
Earnings Per Share0.970.940.670.52--
EPS Growth3.19%40.3%28.85%---
Dividend Per Share1.871.741.601.04--
Dividend Growth7.95%8.64%53.85%---
Operating Cash Flow116580483298-58.47-59.98
Capital Expenditures--0.19-0.49-139-129-90.50
Free Cash Flow116580482159-188-150
Cash & Equivalents2024.00260360--
Total Debt4,6454,6673,9353,622--
Net Cash / Debt-4,443-4,663-3,675-3,261--
Assets11,91010,95110,3519,5077,794-
Liabilities5,0125,1064,2833,8981,735-
Book Value2,5151,5661,6251,3346,059-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name MGM Growth Properties LLC
Country United States
CEO James Stewart

Stock Information

Ticker Symbol MGP
Stock Exchange NYSE
Sector Real Estate
Industry REIT-Diversified
Unique Identifier NYSE: MGP
IPO Date April 20, 2016

Description

MGM Growth Properties LLC (NYSE:MGP) is one of the leading publicly traded real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGP, together with its joint venture, currently owns a portfolio of properties, consisting of 12 premier destination resorts in Las Vegas and elsewhere across the United States, MGM Northfield Park in Northfield, OH, Empire Resort Casino in Yonkers, NY, as well as a retail and entertainment district, The Park in Las Vegas. As of December 31, 2019, our destination resorts, the Park, Empire Resort Casino, and MGM Northfield Park collectively comprised approximately 27,400 hotel rooms, 1.4 million casino square footage, and 2.7 million convention square footage. As a growth-oriented public real estate entity, MGP expects its relationship with MGM Resorts and other entertainment providers to attractively position MGP for the acquisition of additional properties across the entertainment, hospitality and leisure industries.