MGM | MGM Resorts International Stock Overview

(Stock Exchange: NYSE)

Day's Range	32.97 - 33.58
52 Week Range	31.61 - 48.25
Beta	1.50
Implied Volatility	46.19%
IV Rank	61.62%
Day's Volume	4,281,751
Average Volume	4,173,016
Shares Outstanding	297,740,000
Market Cap	9,929,629,000
Sector	Consumer Cyclical
Industry	Gambling, Resorts & Casinos
IPO Date	1988-05-02

Valuation
Profitability
Growth
Health
P/E Ratio	11.95
Forward P/E Ratio	30.14
EPS	2.79
1YR Price Target	49.00
Dividend Yield	N/A
Dividend Per Share	N/A
Dividend ExDate	2022-12-08
Dividend PayDate	2022-12-15
Employees	58,000
Country	USA
Website	MGM

MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.

MGM's peers: BALY, BYD, CZR, LVS, WYNN, MLCO, PENN, RRR

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Analyzing fundamentals for MGM we got that it has average fundamentals where Valuation is considered to be undervalued, Profitability is moderate, Growth is very good and Health is very weak. For more detailed analysis please see MGM Fundamentals page.

Watching at MGM technicals we can see that long-term trend is bearish, the same as bearish middle-term trend, as well as bearish short-term trend. More technicals details can be found on MGM Technicals page.