MGM Growth Properties LLC (MGP)
| Market Cap | 5.80B |
| Revenue (ttm) | 777.37M |
| Net Income (ttm) | 185.48M |
| Shares Out | 135.71M |
| EPS (ttm) | 1.40 |
| PE Ratio | 27.06 |
| Forward PE | 14.73 |
| Dividend | $1.96 |
| Dividend Yield | 5.18% |
| Trading Day | July 26 |
| Last Price | $37.80 |
| Previous Close | $37.82 |
| Change ($) | -0.02 |
| Change (%) | -0.05% |
| Day's Open | 37.93 |
| Day's Range | 37.69 - 38.23 |
| Day's Volume | 852,873 |
| 52-Week Range | 23.50 - 38.23 |
MGP vs. REXR: Which Stock Is the Better Value Option?
LAS VEGAS, July 12, 2021 /PRNewswire/ -- MGM Growth Properties LLC (NYSE: MGP) will release its financial results for the second quarter 2021 before the market opens on Friday, August 6, 2021. MGP will ...
REITs have gained popularity over the past year, as other income investments haven't been producing due to the historically low interest rates. While this has caused REIT prices to climb and their yield...
LAS VEGAS, June 15, 2021 /PRNewswire/ -- MGM Growth Properties LLC ("MGP") (NYSE:MGP) today announced that its board of directors declared a quarterly cash dividend of $0.515 per Class A common share fo...
LAS VEGAS, May 11, 2021 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) and MGM Growth Properties LLC ("MGP") (NYSE: MGP) announced today that they have entered into a definitive a...
MGM Growth (MGP) delivered FFO and revenue surprises of -1.64% and 0.01%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
LAS VEGAS, April 30, 2021 /PRNewswire/ -- MGM Growth Properties LLC ("MGP" or the "Company") (NYSE: MGP) today reported financial results for the quarter ended March 31, 2021. Net income attributable to...
LAS VEGAS, April 9, 2021 /PRNewswire/ -- MGM Growth Properties LLC (NYSE: MGP) will release its financial results for the first quarter 2021 before the market opens on Friday, April 30, 2021. MGP will h...
LAS VEGAS, March 15, 2021 /PRNewswire/ -- MGM Growth Properties LLC (NYSE: MGP) (the "Company") today announced that it has closed its previously announced underwritten follow-on public offering of 21,...
LAS VEGAS, March 15, 2021 /PRNewswire/ -- MGM Growth Properties LLC ("MGP") (NYSE:MGP) today announced that its board of directors declared a quarterly cash dividend of $0.495 per Class A common share f...
LAS VEGAS, March 10, 2021 /PRNewswire/ -- MGM Growth Properties LLC (NYSE: MGP) (the "Company") today announced that it has priced its previously announced underwritten public offering of 19,000,000 Cla...
LAS VEGAS, March 10, 2021 /PRNewswire/ -- MGM Growth Properties LLC (NYSE: MGP) (the "Company") today announced that it has commenced an underwritten public offering of 19,000,000 Class A shares (the "s...
LAS VEGAS, Feb. 16, 2021 /PRNewswire/ -- MGM Growth Properties LLC ("MGP" or the "Company") (NYSE: MGP) today reported financial results for the quarter and year ended December 31, 2020. Net income attr...
LAS VEGAS, Jan. 22, 2021 /PRNewswire/ -- MGM Growth Properties LLC (NYSE: MGP) will release its financial results for the fourth quarter and full year 2020 before the market opens on Tuesday, February 1...
LAS VEGAS, Jan. 20, 2021 /PRNewswire/ -- MGM Growth Properties LLC (NYSE: MGP) (the "Company") today announced the 2020 tax treatment of its Class A common share distributions as described below. 2020 T...
Net Asset Value (NAV) is $31.18, indicating a fair valuation compared to current market price of $30.68. P/FFO and P/AFFO indicate fair valuation relative to peers VICI and GLPI.
LAS VEGAS, Dec. 2, 2020 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) and MGM Growth Properties LLC ("MGP") (NYSE: MGP) today announced that MGP has redeemed approximately 23.5 m...
LAS VEGAS, Nov. 19, 2020 /PRNewswire/ -- MGM Growth Properties Operating Partnership LP (the "Operating Partnership") and MGP Finance Co-Issuer, Inc. (together with the Operating Partnership, the "Issue...
LAS VEGAS, Nov. 17, 2020 /PRNewswire/ -- MGM Growth Properties Operating Partnership LP (the "Operating Partnership") and MGP Finance Co-Issuer, Inc. (together, the "Issuers"), consolidated subsidiaries...
LAS VEGAS, Nov. 17, 2020 /PRNewswire/ -- MGM Growth Properties Operating Partnership LP (the "Operating Partnership") and MGP Finance Co-Issuer, Inc. (together, the "Issuers"), consolidated subsidiaries...
MGM Growth Properties LLC (MGP) CEO James Stewart on Q3 2020 Results - Earnings Call Transcript
LAS VEGAS, Nov. 2, 2020 /PRNewswire/ -- MGM Growth Properties LLC ("MGP" or the "Company") (NYSE: MGP) today reported financial results for the quarter ended September 30, 2020. Earnings attributable to...
LAS VEGAS, Oct. 20, 2020 /PRNewswire/ -- MGM Growth Properties LLC (NYSE: MGP) will release its financial results for the third quarter 2020 before the market opens on Monday, November 2, 2020. MGP will...
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MGM Growth Properties' (MGP) CEO James Stewart on Q2 2020 Results - Earnings Call Transcript
MGM Growth (MGP) delivered FFO and revenue surprises of -3.45% and -3.94%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
LAS VEGAS, Aug. 4, 2020 /PRNewswire/ -- MGM Growth Properties LLC ("MGP" or the "Company") (NYSE: MGP) today reported financial results for the quarter ended June 30, 2020.
LAS VEGAS, July 17, 2020 /PRNewswire/ -- MGM Growth Properties LLC (NYSE: MGP) will release its financial results for the second quarter 2020 before the market opens on Tuesday, August 4, 2020. MGP will...
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LAS VEGAS, June 5, 2020 /PRNewswire/ -- MGM Growth Properties Operating Partnership LP (the "Operating Partnership") and MGP Finance Co-Issuer, Inc. (together with the Operating Partnership, the "Issuer...
LAS VEGAS, June 2, 2020 /PRNewswire/ -- MGM Growth Properties Operating Partnership LP (the "Operating Partnership") and MGP Finance Co-Issuer, Inc. (together, the "Issuers"), consolidated subsidiaries ...
MGM Growth Properties LLC (MGP) CEO James Stewart on Q1 2020 Results - Earnings Call Transcript
MGM Growth (MGP) delivered FFO and revenue surprises of 0.00% and 0.37%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
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MGP vs. VTR: Which Stock Is the Better Value Option?
MGM Growth (MGP) delivered FFO and revenue surprises of 1.75% and -0.12%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
About MGP
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... [Read more...]
| Industry REIT-Diversified | IPO Date Apr 20, 2016 |
| CEO James Stewart | Country United States |
| Stock Exchange NYSE | Ticker Symbol MGP |
Financial Performance
In 2020, MGP's revenue was $792.60 million, a decrease of -10.04% compared to the previous year's $881.08 million. Earnings were $76.13 million, a decrease of -15.66%.
Analyst Forecasts
According to 17 analysts, the average rating for MGP stock is "Strong Buy." The 12-month stock price forecast is 38.78, which is an increase of 2.59% from the latest price.