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MGM Growth Properties LLC (MGP)

Stock Price: $28.72 USD 0.12 (0.42%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed
After-hours: $29.00 +0.28 (0.98%) Aug 14, 7:55 PM

Stock Price Chart

Key Info

Market Cap 3.78B
Revenue (ttm) 894.62M
Net Income (ttm) 39.72M
Shares Out 131.46M
EPS (ttm) 0.34
PE Ratio 84.47
Forward PE 26.11
Dividend $1.95
Dividend Yield 6.79%

Stock Quote

Trading Day Aug 14, 2020
Last Price $28.72
Previous Close $28.60
Change ($) 0.12
Change (%) 0.42%
Day's Open 28.56
Day's Range 28.56 - 28.99
Day's Volume 501,593
52-Week Range 11.43 - 34.37

More Stats

Market Cap 3.78B
Enterprise Value 7.00B
Earnings Date (est) Nov 10, 2020
Ex-Dividend Date Mar 30, 2020
Shares Outstanding 131.46M
Float 130.97M
EPS (basic) 0.39
EPS (diluted) 0.34
FCF / Share 5.79
Dividend $1.95
Dividend Yield 6.79%
Earnings Yield 1.18%
FCF Yield 20.16%
Payout Ratio n/a
Shares Short 3.85M
Short Ratio 3.45
Short % of Float 2.95%
Beta 0.74
PE Ratio 84.47
Forward PE 26.11
P/FCF Ratio 4.96
PS Ratio 4.22
PB Ratio 3.44
Revenue 894.62M
Operating Income 344.02M
Net Income 39.72M
Free Cash Flow 761.27M
Net Cash -3.23B
Net Cash / Share -24.57
Gross Margin 94.63%
Operating Margin 38.45%
Profit Margin 4.60%
FCF Margin 85.09%
ROA 2.16%
ROE 1.77%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (16)

Buy 13
Overweight 1
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$32.16*
(11.98% upside)
Low
29.0
Current: $28.72
High
35.0
Target: 32.16
*Average 12-month price target from 16 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 & Equivalents2024.002603600.000.00
Total Debt4,6454,6673,9353,622--
Net Cash / Debt-4,443-4,663-3,675-3,2610.000.00
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 C. Stewart

Stock Information

Ticker Symbol MGP
Stock Exchange New York Stock Exchange
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.