MGM Resorts International
MGM Resorts International
Your view on MGM
Overview
What the company does, where it operates, and who runs it.
About MGM Resorts International
- Industry
- Gambling, Resorts & Casinos
- Sector
- Consumer Cyclical
- CEO
- William Joseph Hornbuckle IV
- Headquarters
- 3600 Las Vegas Boulevard South, Las Vegas, NV, US
- Industry
- Gambling, Resorts & Casinos
- Sector
- Consumer Cyclical
- CEO
- William Joseph Hornbuckle IV
- Headquarters
- 3600 Las Vegas Boulevard South, Las Vegas, NV, US
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.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for MGM Resorts International, and the rating behind it. MGM last traded at $39.89, 24.0× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for MGM Resorts International. Starting points for MGM Resorts International: P/E 24.0, EPS $1.68, beta 1.28 — an Gambling, Resorts & Casinos name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for MGM Resorts International. MGM Resorts International does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for MGM Resorts International. Trailing twelve-month EPS for MGM Resorts International stands at $1.68. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for MGM Resorts International. MGM Resorts International has reported as a listed company since 1988. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
MGM Resorts International valued side by side against its closest peers. MGM Resorts International is measured against Gambling, Resorts & Casinos peers within the Consumer Cyclical sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold MGM Resorts International, and how their positions are changing. At a $10.04B market value, institutional positions materially move MGM Resorts International's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by MGM Resorts International executives and directors. Shares of MGM Resorts International have traded between $25.30 and $41.32 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming MGM Resorts International. MGM Resorts International is a $10.04B Consumer Cyclical company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming MGM Resorts International. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for MGM Resorts International. Coverage tracks MGM Resorts International within Gambling, Resorts & Casinos (Consumer Cyclical). Press releases and market coverage, newest first.