US stock · Consumer Cyclical sector · Resorts & Casinos
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MGM Resorts International

MGMNYSE

41.81

USD
+0.08
(+0.19%)
Pre Market
12.01P/E
35Forward P/E
0.57P/E to S&P500
15.591BMarket CAP
0.02%Div Yield
Upcoming Earnings
1 May-5 May
Shares Short
3/15/23
8.03M
Short % of Float
2.68%
Short % of Shares Outs.
2.15%
% Held by Insiders
17.96%
% Held by Institutions
67.60%
Beta
2.06
PEG Ratio
0.89
52w. high/low
46.24/26.41
Avg. Daily Volume
4.28M
Return %
Stock
S&P 500
1 year
(3.93)
(13.92)
3 years
233.68
54.65
5 years
20.46
50.75
Scale: |
High
Low
84.92
8.00
16.89
1.81
16.66
8.92
16.94
7.40
14.94
8.83
23.65
11.72
28.75
17.25
24.41
16.84
30.62
16.18
34.65
25.15
38.41
21.61
33.87
23.68
34.63
5.90
51.17
27.81
49.00
26.41
46.23
33.23
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Revenue per share
26.80
25.76
15.79
13.36
16.06
18.73
20.03
20.54
16.93
16.64
18.83
21.61
24.61
10.45
20.09
32.08
Earnings per share
5.52
(3.06)
(3.41)
(3.19)
6.37
(3.61)
(0.32)
(0.31)
(0.82)
1.94
3.43
0.86
3.91
(2.09)
2.60
3.60
FCF per share
(6.70)
(0.10)
1.19
0.66
0.77
1.00
1.53
0.35
(0.85)
(1.28)
0.60
0.43
2.04
(3.57)
1.83
2.42
Dividends per share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.44
0.48
0.52
0.16
0.01
0.01
CAPEX per share
10.16
2.79
0.36
0.46
0.62
0.86
1.15
1.95
2.70
3.98
3.26
2.73
1.41
0.55
1.02
1.87
Book Value per sh.
21.12
14.20
10.23
6.66
12.46
8.93
8.64
8.33
9.43
10.95
13.30
11.97
14.74
13.16
12.60
11.81
Comm.Shares outs.
287
280
379
450
489
489
490
491
543
568
572
544
524
494
482
409
Avg. annual P/E ratio
14.2
(13.2)
(2.5)
(3.7)
2.0
(3.2)
(50.1)
(79.5)
(25.0)
12.1
9.0
35.5
7.2
(10.4)
15.4
10.2
P/E to S&P500
0.8
(0.6)
(0.0)
(0.2)
0.1
(0.2)
(2.9)
(4.4)
(1.2)
0.5
0.4
1.4
0.3
(0.3)
0.5
0.5
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.4%
1.6%
1.8%
0.7%
0.0%
0.0%
Revenue (m)
7,692
7,209
5,979
6,019
7,849
9,161
9,810
10,082
9,190
9,455
10,774
11,763
12,900
5,162
9,680
13,127
Operating margin
37.2%
(1.8)%
(16.1)%
(18.0)%
(38.6)%
0.9%
11.3%
13.1%
(1.7)%
22.0%
15.9%
12.5%
30.5%
(12.4)%
23.5%
(13.1)%
Depreciation (m)
705
789
689
633
817
928
849
816
820
850
993
1,178
1,305
1,211
1,151
3,482
Net profit (m)
1,584
(855)
(1,292)
(1,437)
3,115
(1,768)
(157)
(150)
(448)
1,101
1,960
467
2,049
(1,033)
1,254
1,473
Income tax rate
35.1%
(27.8)%
35.8%
35.1%
(14.2)%
6.8%
35.6%
69.0%
0.6%
1.8%
(117.5)%
7.9%
22.2%
12.7%
17.3%
77.1%
Net profit margin
20.6%
(11.9)%
(21.6)%
(23.9)%
39.7%
(19.3)%
(1.6)%
(1.5)%
(4.9)%
11.6%
18.2%
4.0%
15.9%
(20.0)%
13.0%
11.2%
Working capital (m)
(549)
(1,470)
670
209
1,068
581
504
(381)
171
(64)
(718)
(422)
816
4,094
2,974
3,639
Long-term debt (m)
11,175
12,417
13,233
12,247
13,637
13,589
13,447
12,914
12,368
12,979
12,751
15,088
15,447
20,767
23,573
32,582
Equity (m)
6,061
3,974
3,870
2,999
6,087
4,366
4,231
4,091
5,120
6,220
7,613
6,512
7,727
6,505
6,071
4,832
ROIC
7.2%
(4.2)%
(3.9)%
(4.0)%
19.5%
(3.5)%
2.3%
1.5%
1.7%
8.1%
14.8%
5.1%
10.7%
(1.6)%
5.9%
1.6%
Return on capital
10.3%
(2.9)%
(5.5)%
(5.8)%
15.8%
(3.4)%
3.3%
4.1%
1.5%
7.5%
6.0%
4.9%
12.2%
(1.7)%
6.4%
6.1%
Return on equity
26.1%
(21.5)%
(33.4)%
(47.9)%
51.2%
(40.5)%
(3.7)%
(3.7)%
(8.7)%
17.7%
25.8%
7.2%
26.5%
(15.9)%
20.7%
30.5%
Plowback ratio
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
88.0%
55.4%
87.7%
105.9%
99.6%
98.0%
Div.&Repurch./FCF
24.1%
- -
- -
- -
- -
- -
- -
- -
- -
152.0%
51.1%
655.0%
4.9%
- -
109.4%
280.3%
Capital Structure
24 Feb · 2023 | Q4
All numbers in millions
Total liabilities
$ 40,324
Total assets
$ 45,692
Long-term debt
$ 32,582
Cash and equiv.
$ 5,912
Goodwill
$ 5,029
Retained earnings
$ 4,794
Common stock
384
Enterprise Value
$ 42,261
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
5,102
4,703
5,912
Receivables
560
858
925
Inventory
88
96
126
Other
201
360
2,002
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 liabilities
1,857
3,442
4,516
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
35.61%
18.20%
10.31%
Cash flow
12.31%
(11.95)%
(67.88)%
Earnings
17.44%
(3.85)%
(18.36)%
Dividends
(15.47)%
(44.15)%
- -
Book value
(20.41)%
(6.06)%
3.00%
Insider Trading
Type
Shares
Date
Winston Ben
Award
986
03/01/23
Mckinney-James Rose
Sale
2,870
03/01/23
Sanders Corey Ian
Exempt
4,110
02/27/23
Sanders Corey Ian
InKind
1,521
02/27/23
Sanders Corey Ian
Exempt
4,110
02/27/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
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
3,416
3,592
13,127
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
1.63
(1.73)
(1.08)
(0.91)
(2.09)
2021
(0.69)
0.22
2.80
0.27
2.60
2022
(0.04)
4.36
(1.41)
0.69
3.60
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.15
- -
- -
- -
0.16
2021
- -
- -
- -
- -
0.01
2022
- -
- -
- -
- -
0.01
Company Description
Sector:
Consumer Cyclical
Industry:
Resorts & Casinos
CEO:
Mr. William Joseph Hornbuckle IV
Full-time employees:
52,000
City:
Las Vegas
Address:
3600 Las Vegas Boulevard South
IPO:
Dec 13, 1989
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.
Recent News
· 26 Nov, 2022 · The Wall Street Journal
· 20 Jul, 2022 · The Wall Street Journal
· 29 Nov, 2021 · The Wall Street Journal
· 4 Nov, 2021 · The Wall Street Journal
· 4 Aug, 2021 · The Wall Street Journal
· 1 Jul, 2021 · The Wall Street Journal