MGM Growth Properties LLC (MGP)
| Market Cap | 9.24B |
| Revenue (ttm) | 792.60M |
| Net Income (ttm) | 76.13M |
| Shares Out | 129.49M |
| EPS (ttm) | 0.59 |
| PE Ratio | 56.16 |
| Forward PE | 16.69 |
| Dividend | $1.94 |
| Dividend Yield | 5.87% |
| Trading Day | February 26 |
| Last Price | $33.02 |
| Previous Close | $32.65 |
| Change ($) | 0.37 |
| Change (%) | 1.13% |
| Day's Open | 32.95 |
| Day's Range | 32.90 - 33.54 |
| Day's Volume | 752,751 |
| 52-Week Range | 10.63 - 33.64 |
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, ...
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 bel...
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 approximat...
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, ...
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 su...
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 su...
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 attri...
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...
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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...
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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, t...
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 sub...
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?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
A stock's price-to-sales ratio reflects how much investors are paying for each dollar of revenues generated by a company.
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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?
Investment firm Barrow, Hanley, Mewhinney & Strauss disclosed last week it exited its stake in MGM Growth Properties LLC (NYSE:MGP).
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MGM Growth Properties LLC (MGP) CEO James Stewart on Q3 2019 Results - Earnings Call Transcript
MGM Growth (MGP) delivered FFO and revenue surprises of 0.00% and -0.63%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
A stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.
Investors seeking growth in casino properties should consider MGM Growth Properties in place of Wynn Resorts, Ltd.
MGM Growth Properties LLC (MGP) CEO James Stewart on Q2 2019 Results - Earnings Call Transcript
MGM Growth (MGP) delivered FFO and revenue surprises of 0.00% and -3.11%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
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It has a strong asset base in Las Vegas - plus growing regionals.
MGM Growth Properties LLC raised its quarterly dividend by 5%, to 46.75 cents a share from 44.5 cents a share.
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 C. Stewart | |
| 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 36.03, which is an increase of 9.12% from the latest price.