MGM Resorts International
MGM
NYSE33.58
MGM Resorts International
NYSE:MGM
RECENT
PRICE
33.58
P/E
RATIO
4.80
(PEG:0.02)
P/E RATIO
RELATIVE
TO S&P
0.27
DIV
YLD
0.03%
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
2.11 Beta (1.0 Market)
0
0
0
0
0
0
0
0
0
% total return 10/22:
Stock
S&P
1y.
0
0
3y.
0
0
5y.
0
0
0
Percent shares traded:
0
0
0
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Fiscal year
25.35
2.29
(2.35)
- -
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
20.23
2.62
1.85
0.01
26.35
7.22
3.09
0.01
Revenue per share
Earnings per share
Free Cash Flow per sh
Dividends per share
6.66
13.60
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
1.03
12.69
1.21
13.14
CAPEX per share
Book Value per share
283
287
280
379
450
489
489
490
491
543
568
572
544
524
494
478
451
Comm.Shares outs.(m)
18.2
1.0
- -
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%
15.3
0.5
0.0%
4.8
0.3
0.0%
Avg. annual P/E ratio
P/E relative to S&P500
Avg. annual div. yield
Capital Structure (30/6/22 | Q2)
Total liabilities
$41,092 m.
Total assets
$48,432 m.
Long-term debt
$32,243 m.
Cash and equiv.
$5,784 m.
Goodwill $4,706 m.
Retained earnings $5,747 m.
Common stock 417 m. shares
Market Capitalisation
$12,817 m. (as of 6/10/22)
7,849
(38.6)%
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%
11,884
39.7%
Revenue (m)
Operating margin
817
3,115
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
1,231
3,247
Depreciation (m)
Net profit (m)
(14.2)%
39.7%
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%
28.9%
27.0%
Income tax rate
Net profit margin
1,068
13,470
6,087
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
3,622
32,243
5,734
Working capital (m)
Long-term debt (m)
Equity (m)
19.5%
15.8%
51.2%
(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%
7.4%
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%
8.3%
10.3%
56.6%
ROIC
Return on capital
Return on equity
Working Capital
2019
2020
2021
Cash assets
2,330
5,102
4,703
Receivables
1,375
560
858
Inventory
103
88
96
Other
200
201
759
Current assets
4,008
5,951
6,416
Acc. Payable
235
143
263
Debt due
95
112
1,119
Other
2,861
1,602
2,060
Current liab.
3,191
1,857
3,442
100.0%
- -
100.0%
- -
100.0%
- -
100.0%
- -
100.0%
- -
100.0%
152.0%
87.1%
51.1%
44.2%
655.0%
86.8%
4.9%
107.5%
- -
99.6%
109.4%
99.9%
253.6%
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 52,000 full-time employees, and is led by Mr. William Hornbuckle. 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
11.60%
7.14%
Cash flow
-22.81%
-63.27%
Earnings
-27.26%
-30.42%
Dividends
-39.43%
- -
Book value
-4.57%
4.93%
Insider trading
Type
Shares
Date
Meister Keith A.
Award
1,094
09/30/22
Mckinney-James Rose
Award
25
09/30/22
Salem Paul J
Award
3,197
09/30/22
Taylor Daniel J
Award
0
09/15/22
Taylor Daniel J
Award
6
09/15/22
Fiscal Year Ends
Quarterly Revenue (m)
Full fiscal year
I
II
III
IV
2020
2,253
290
1,126
1,494
5,162
2021
1,648
2,268
2,708
3,057
9,680
2022
2,854
3,265
- -
- -
- -
Fiscal Year Ends
Earnings per share
Full fiscal year
I
II
III
IV
2020
1.63
(1.73)
(1.08)
(0.91)
-2.09
2021
(0.69)
0.22
2.82
0.27
2.62
2022
(0.04)
4.27
- -
- -
- -
Fiscal Year Ends
Quarterly dividends paid
Full fiscal year
I
II
III
IV
2020
0.15
- -
- -
- -
0.16
2021
- -
- -
- -
- -
0.01
2022
- -
- -
- -
- -
- -
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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12/14/2021
Hard Rock to Buy Mirage Casino on Las Vegas Strip for $1.1 Billion
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11/29/2021
Macau Casino Stocks Slide After Arrest of Junket Boss
The Wall Street Journal - Read more...
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
The Wall Street Journal - Read more...
08/04/2021
Casino Owner Vici Properties to Buy MGM Growth Properties
The Wall Street Journal - Read more...
07/01/2021
MGM Resorts to Sell Las Vegas CityCenter for $3.9 Billion
The Wall Street Journal - Read more...
04/29/2021
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04/28/2021
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03/15/2021
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02/11/2021
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01/19/2021
MGM Ends Bid for British Gaming Firm Entain
The Wall Street Journal - Read more...
01/19/2021
Tesla, GameStop, Coherent: What to Watch When the Stock Market Opens Today
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01/18/2021
U.K. Gets In on Global M&A Surge
The Wall Street Journal - Read more...
01/04/2021
MGM’s Bid for Ladbrokes Bets Online Gambling Can Help Casinos’ Odds
The Wall Street Journal - Read more...
01/04/2021
MGM Makes $11 Billion Offer for Ladbrokes Owner Entain
The Wall Street Journal - Read more...
11/23/2020
Nevada Tightens Covid-19 Restrictions on Casinos, Entertainment
The Wall Street Journal - Read more...