MGM Resorts International
MGM
NYSE40.39
MGM Resorts International
NYSE:MGM
RECENT
PRICE
40.39
P/E
RATIO
17.37
(PEG:-0.22)
P/E RATIO
RELATIVE
TO S&P
0.72
DIV
YLD
0.02%
High:
Low:
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Legends
Stock price
2.07 Beta (1.0 Market)
0
0
0
0
0
0
0
0
0
% total return 05/23:
Stock
S&P
1y.
0
0
3y.
0
0
5y.
0
0
0
Percent shares traded:
0
0
0
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Fiscal year
26.80
5.52
(6.70)
- -
25.76
(3.06)
(0.10)
- -
15.79
(3.41)
1.19
- -
13.36
(3.19)
0.66
- -
16.06
6.37
0.77
- -
18.73
(3.61)
1.00
- -
20.03
(0.32)
1.53
- -
20.54
(0.31)
0.35
- -
16.93
(0.82)
(0.85)
- -
16.64
1.94
(1.28)
- -
18.83
3.43
0.60
0.44
21.61
0.86
0.43
0.48
24.61
3.91
2.04
0.52
10.45
(2.09)
(3.57)
0.16
20.09
2.60
1.83
0.01
32.08
3.60
2.42
0.01
36.07
1.96
3.15
0.01
Revenue per share
Earnings per share
Free Cash Flow per sh
Dividends per share
10.16
21.12
2.79
14.20
0.36
10.23
0.46
6.66
0.62
12.46
0.86
8.93
1.15
8.64
1.95
8.33
2.70
9.43
3.98
10.95
3.26
13.30
2.73
11.97
1.41
14.74
0.55
13.16
1.02
12.60
1.87
11.81
2.05
12.91
CAPEX per share
Book Value per share
287
280
379
450
489
489
490
491
543
568
572
544
524
494
482
409
392
Comm.Shares outs.(m)
14.2
0.8
- -
(13.2)
(0.6)
- -
(2.5)
(0.0)
- -
(3.7)
(0.2)
- -
2.0
0.1
- -
(3.2)
(0.2)
- -
(50.1)
(2.9)
- -
(79.5)
(4.4)
- -
(25.0)
(1.2)
- -
12.1
0.5
- -
9.0
0.4
1.4%
35.5
1.4
1.6%
7.2
0.3
1.8%
(10.4)
(0.3)
0.7%
15.4
0.5
0.0%
10.2
0.5
0.0%
17.4
0.7
0.0%
Avg. annual P/E ratio
P/E relative to S&P500
Avg. annual div. yield
Capital Structure (31/3/23 | Q1)
Total liabilities
$38,310 m.
Total assets
$43,542 m.
Long-term debt
$31,987 m.
Cash and equiv.
$4,505 m.
Goodwill $5,025 m.
Retained earnings $4,799 m.
Common stock 374 m. shares
Market Capitalisation
$14,694 m. (as of 28/5/23)
9,161
0.9%
9,810
11.3%
10,082
13.1%
9,190
(1.7)%
9,455
22.0%
10,774
15.9%
11,763
12.5%
12,900
30.5%
5,162
(12.4)%
9,680
23.5%
13,127
(13.1)%
14,146
(11.8)%
Revenue (m)
Operating margin
928
(1,768)
849
(157)
816
(150)
820
(448)
850
1,101
993
1,960
1,178
467
1,305
2,049
1,211
(1,033)
1,151
1,254
3,482
1,473
3,397
870
Depreciation (m)
Net profit (m)
6.8%
(19.3)%
35.6%
(1.6)%
69.0%
(1.5)%
0.6%
(4.9)%
1.8%
11.6%
(117.5)%
18.2%
7.9%
4.0%
22.2%
15.9%
12.7%
(20.0)%
17.3%
13.0%
77.1%
11.2%
(194.2)%
6.7%
Income tax rate
Net profit margin
581
13,589
4,366
504
13,447
4,231
(381)
12,914
4,091
171
12,368
5,120
(64)
12,979
6,220
(718)
12,751
7,613
(422)
15,088
6,512
816
15,447
7,727
4,094
20,767
6,505
2,974
23,573
6,071
3,639
32,582
4,832
3,387
31,987
4,840
Working capital (m)
Long-term debt (m)
Equity (m)
(3.5)%
(3.4)%
(40.5)%
2.3%
3.3%
(3.7)%
1.5%
4.1%
(3.7)%
1.7%
1.5%
(8.7)%
8.1%
7.5%
17.7%
14.8%
6.0%
25.8%
5.1%
4.9%
7.2%
10.7%
12.2%
26.5%
(1.6)%
(1.7)%
(15.9)%
5.9%
6.4%
20.7%
1.6%
6.1%
30.5%
(11.7)%
(3.7)%
18.0%
ROIC
Return on capital
Return on equity
Working Capital
2020
2021
2022
Cash assets
5,102
4,703
5,912
Receivables
560
858
925
Inventory
88
96
126
Other
201
759
1,192
Current assets
5,951
6,416
8,155
Acc. Payable
143
263
370
Debt due
112
1,119
1,286
Other
1,602
2,060
2,860
Current liab.
1,857
3,442
4,516
100.0%
- -
100.0%
- -
100.0%
- -
100.0%
- -
100.0%
152.0%
88.0%
51.1%
55.4%
655.0%
87.7%
4.9%
105.9%
- -
99.6%
109.4%
98.0%
280.3%
99.6%
182.8%
Plowback ratio
Div.&Repurch. to FCF
MGM Resorts International (US) started trading on December 3, 1989 (cik: 0000789570), operates in the Consumer Cyclical sector (Resorts & Casinos industry), has 57,000 full-time employees, and is led by Mr. William Joseph Hornbuckle IV. MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
Annual rates
(avg rate of change)
Past
5 y.
Past
10 y.
Revenues
18.20%
10.31%
Cash flow
-11.95%
-67.88%
Earnings
-3.85%
-18.36%
Dividends
-44.15%
- -
Book value
-6.06%
3.00%
Insider trading
Type
Shares
Date
Herman Alexis
Sale
2,350
05/22/23
Winston Ben
Exempt
986
05/02/23
Winston Ben
Exempt
986
05/02/23
Winston Ben
Award
4,344
05/03/23
Taylor Daniel J
Exempt
4,454
05/02/23
Fiscal Year Ends
Quarterly Revenue (m)
Full fiscal year
I
II
III
IV
2021
1,648
2,268
2,708
3,057
9,680
2022
2,854
3,265
3,416
3,592
13,127
2023
3,873
- -
- -
- -
- -
Fiscal Year Ends
Earnings per share
Full fiscal year
I
II
III
IV
2021
(0.69)
0.22
2.80
0.24
2.57
2022
(0.09)
4.36
(2.59)
(0.78)
0.90
2023
1.25
- -
- -
- -
- -
Fiscal Year Ends
Quarterly dividends paid
Full fiscal year
I
II
III
IV
2021
- -
- -
- -
- -
0.01
2022
- -
- -
- -
- -
0.01
2023
- -
- -
- -
- -
- -
11/26/2022
American Casino Giants Win 10-Year Macau License Renewals
The Wall Street Journal - Read more...
08/22/2022
MGM China Pumps $594 Million Into Macau Casino Unit Ahead of License Bid
The Wall Street Journal - Read more...
07/20/2022
Macau Casinos to Reopen Saturday After Covid-19 Shutdown
The Wall Street Journal - Read more...
05/20/2022
Nevada Gambling Regulators Approve Barry Diller to Work in Casino Business
The Wall Street Journal - Read more...
05/02/2022
MGM Resorts Offers $607 Million for Swedish Online Gambling Company
The Wall Street Journal - Read more...
03/17/2022
Barry Diller’s Gambling License Is Delayed by Regulator Over Investigation Into Trading
The Wall Street Journal - Read more...
12/14/2021
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11/29/2021
Macau Casino Stocks Slide After Arrest of Junket Boss
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11/04/2021
MGM Plans to Sell Mirage Operations in Las Vegas
The Wall Street Journal - Read more...
10/12/2021
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09/15/2021
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08/11/2021
Sotheby’s to Auction 11 Picassos Linked to Steve Wynn at Bellagio
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08/04/2021
Casino Owner Vici Properties to Buy MGM Growth Properties
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07/01/2021
MGM Resorts to Sell Las Vegas CityCenter for $3.9 Billion
The Wall Street Journal - Read more...