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

MGMNYSE

35.73

USD
-0.15
(-0.42%)
Market Closed
5.11P/E
38Forward P/E
0.25P/E to S&P500
13.721BMarket CAP
0.03%Div Yield
Upcoming Earnings
7 Feb-13 Feb
Shares Short
10/31/22
17.14M
Short % of Float
5.50%
Short % of Shares Outs.
4.46%
% Held by Insiders
20.28%
% Held by Institutions
68.57%
Beta
2.07
PEG Ratio
-0.24
52w. high/low
49.00/26.41
Avg. Daily Volume
5.56M
Return %
Stock
S&P 500
1 year
(11.95)
(12.95)
3 years
11.27
27.86
5 years
6.18
54.69
Scale: |
High
Low
100.50
56.40
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
21.62
33.87
23.68
34.64
5.90
51.17
27.81
49.00
26.41
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
25.35
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
20.23
29.30
Earnings per share
2.29
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)
2.62
1.07
FCF per share
(2.35)
(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)
1.85
2.78
Dividends per share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.44
0.48
0.52
0.16
0.01
0.01
CAPEX per share
6.66
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
1.03
1.45
Book Value per sh.
13.60
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
12.69
12.63
Comm.Shares outs.
283
287
280
379
450
489
489
490
491
543
568
572
544
524
494
478
430
Avg. annual P/E ratio
18.2
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)
15.3
5.1
P/E to S&P500
1.0
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
0.3
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.4%
1.6%
1.8%
0.7%
0.0%
0.0%
Revenue (m)
7,176
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
12,592
Operating margin
24.5%
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%
14.5%
Depreciation (m)
651
705
789
689
633
817
928
849
816
820
850
993
1,178
1,305
1,211
1,151
2,357
Net profit (m)
648
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
585
Income tax rate
35.0%
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%
21.9%
Net profit margin
9.0%
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%
5.0%
Working capital (m)
(133)
(549)
(1,470)
670
209
1,068
581
504
(381)
171
(64)
(718)
(422)
816
4,094
2,974
2,888
Long-term debt (m)
12,995
11,175
12,417
12,976
12,048
13,470
13,589
13,447
12,914
12,368
12,979
12,751
15,088
15,447
20,767
23,573
32,626
Equity (m)
3,850
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
4,842
ROIC
3.1%
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%
3.7%
Return on capital
4.5%
10.3%
(2.9)%
(5.5)%
(5.8)%
15.8%
(3.4)%
3.3%
4.1%
1.5%
7.4%
6.0%
4.9%
12.2%
(1.7)%
6.4%
4.2%
Return on equity
16.8%
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%
12.1%
Plowback ratio
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
87.1%
44.2%
86.8%
107.5%
99.6%
99.3%
Div.&Repurch./FCF
(23.7)%
24.1%
- -
- -
- -
- -
- -
- -
- -
- -
152.0%
51.1%
655.0%
4.9%
- -
109.4%
264.0%
Capital Structure
2 Nov · 2022 | Q3
All numbers in millions
Total liabilities
$ 41,624
Total assets
$ 46,466
Long-term debt
$ 32,626
Cash and equiv.
$ 5,295
Goodwill
$ 4,945
Retained earnings
$ 4,872
Common stock
393
Enterprise Value
$ 41,051
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
2,330
5,102
4,703
Receivables
1,375
560
858
Inventory
103
88
96
Other
200
2,973
3,132
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 liabilities
3,191
1,857
3,442
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
87.52%
11.60%
7.14%
Cash flow
(150.05)%
(22.81)%
(63.27)%
Earnings
(221.46)%
(27.26)%
(30.42)%
Dividends
(93.83)%
(39.43)%
- -
Book value
(6.67)%
(4.57)%
4.93%
Insider Trading
Type
Shares
Date
Sanders Corey Ian
Sale
20,000
11/15/22
Mckinney-James Rose
Sale
5,741
11/14/22
Sanders Corey Ian
Sale
10,000
10/31/22
Sanders Corey Ian
Exempt
10,714
10/19/22
Sanders Corey Ian
InKind
4,217
10/19/22
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
- -
- -
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
2.82
0.27
2.62
2022
(0.04)
4.27
(3.34)
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.15
- -
- -
- -
0.16
2021
- -
- -
- -
- -
0.01
2022
- -
- -
- -
- -
- -
Company Description
Sector:
Consumer Cyclical
Industry:
Resorts & Casinos
CEO:
Mr. William Hornbuckle
Full-time employees:
52,000
City:
Las Vegas
Address:
3600 LAS VEGAS BLVD S
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
· 19 Jan, 2021 · The Wall Street Journal
· 18 Jan, 2021 · The Wall Street Journal
· 4 Jan, 2021 · The Wall Street Journal