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

MGMNYSE

34.37

USD
+0.72
(+2.14%)
Market Closed
10.95P/E
24Forward P/E
0.42P/E to S&P500
14.643BMarket CAP
0.03%Div Yield
Upcoming Earnings
2 Aug-8 Aug
Shares Short
4/29/22
13.44M
Short % of Float
3.80%
Short % of Shares Outs.
3.15%
% Held by Insiders
17.96%
% Held by Institutions
69.04%
Beta
2.33
PEG Ratio
-0.15
52w. high/low
51.17/32.37
Avg. Daily Volume
5.43M
Return %
Stock
S&P 500
1 year
(14.37)
(6.46)
3 years
33.37
36.32
5 years
9.42
63.92
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
32.37
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
16.92
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
3.14
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
2.88
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
1.08
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
12.72
Comm.Shares outs.
283
287
280
379
450
489
489
490
491
543
568
572
544
524
494
478
475
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
10.9
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
0.4
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
8,032
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%
Infinity%
Depreciation (m)
651
705
789
689
633
817
928
849
816
820
850
993
1,178
1,305
1,211
1,151
1,149
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
1,568
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%
3.8%
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%
(Infinity)%
Working capital (m)
(133)
(549)
(1,470)
670
209
1,068
581
504
(381)
171
(64)
(718)
(422)
816
4,094
2,974
915
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
11,980
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
5,065
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%
7.7%
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%
7.2%
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%
31.0%
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%
87.7%
105.9%
99.6%
99.7%
Div.&Repurch./FCF
(23.7)%
24.1%
- -
- -
- -
- -
- -
- -
- -
- -
152.0%
51.1%
655.0%
4.9%
- -
109.4%
184.5%
Capital Structure
2 May · 2022 | Q1
All numbers in millions
Total liabilities
$ 33,071
Total assets
$ 38,136
Long-term debt
$ 11,980
Cash and equiv.
$ 2,719
Goodwill
$ 3,475
Retained earnings
$ 4,321
Common stock
465
Enterprise Value
$ 23,904
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
Meister Keith A.
Award
4,453
05/05/22
Meister Keith A.
Exempt
4,499
05/05/22
Meister Keith A.
Exempt
4,499
05/05/22
Salem Paul J
Award
4,453
05/05/22
Salem Paul J
Exempt
4,499
05/05/22
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
- -
- -
- -
- -
- -
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)
- -
- -
- -
- -
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
· 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
· 23 Nov, 2020 · The Wall Street Journal
· 28 Aug, 2020 · The Wall Street Journal
· 10 Aug, 2020 · The Wall Street Journal
· 29 Jul, 2020 · The Wall Street Journal