mgm resorts international - MGM

MGM

Close Chg Chg %
32.13 -0.50 -1.54%

Pre-Market

31.64

-0.50 (1.54%)

Volume: 4.01M

Last Updated:

Mar 27, 2025, 3:59 PM EDT

Company Overview: mgm resorts international - MGM

MGM Key Data

Open

$31.89

Day Range

31.60 - 32.41

52 Week Range

29.99 - 48.25

Market Cap

$9.03B

Shares Outstanding

285.55M

Public Float

217.73M

Beta

2.19

Rev. Per Employee

N/A

P/E Ratio

13.40

EPS

$2.41

Yield

0.00%

Dividend

$0.00

EX-DIVIDEND DATE

Dec 8, 2022

SHORT INTEREST

N/A

AVERAGE VOLUME

5.66M

 

MGM Performance

1 Week
 
2.23%
 
1 Month
 
-7.59%
 
3 Months
 
-7.62%
 
1 Year
 
-31.96%
 
5 Years
 
163.49%
 

MGM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 24
Full Ratings ➔

About mgm resorts international - MGM

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The Las Vegas Strip Resorts segment operates the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan, Beau Rivage in Biloxi, Mississippi, Gold Strike Tunica in Tunica, Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts. The MGM China segment includes MGM Macau and MGM Cotai. The MGM Digital segment focuses on the online gaming portfolio, which consists primarily of Leo Vegas, which is headquartered in Sweden and Malta. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.

MGM At a Glance

MGM Resorts International
3600 Las Vegas Boulevard South
Las Vegas, Nevada 89109
Phone 1-702-693-7120 Revenue 17.24B
Industry Casinos/Gaming Net Income 743.65M
Sector Consumer Services 2024 Sales Growth 6.658%
Fiscal Year-end 12 / 2025 Employees 78,000
View SEC Filings

MGM Valuation

P/E Current 13.366
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 14.455
Price to Sales Ratio 0.624
Price to Book Ratio 3.374
Price to Cash Flow Ratio 4.546
Enterprise Value to EBITDA 16.396
Enterprise Value to Sales 2.371
Total Debt to Enterprise Value 0.779

MGM Efficiency

Revenue/Employee 221,032.628
Income Per Employee 9,534.00
Receivables Turnover 12.973
Total Asset Turnover 0.381

MGM Liquidity

Current Ratio 1.302
Quick Ratio 1.26
Cash Ratio 0.721

MGM Profitability

Gross Margin 40.694
Operating Margin 9.643
Pretax Margin 6.479
Net Margin 4.313
Return on Assets 1.642
Return on Equity 21.761
Return on Total Capital 2.132
Return on Invested Capital 2.123

MGM Capital Structure

Total Debt to Total Equity 1,053.544
Total Debt to Total Capital 91.331
Total Debt to Total Assets 75.426
Long-Term Debt to Equity 1,047.848
Long-Term Debt to Total Capital 90.837
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Mgm Resorts International - MGM

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
9.68B 13.13B 16.16B 17.24B
Sales Growth
+87.52% +35.61% +23.13% +6.66%
Cost of Goods Sold (COGS) incl D&A
6.18B 10.14B 9.37B 10.22B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.34B 3.92B 814.13M 831.10M
Depreciation
1.14B 1.22B 711.13M 712.10M
Amortization of Intangibles
197.00M 2.70B 103.00M 119.00M
COGS Growth
+32.55% +63.96% -7.57% +9.15%
Gross Income
3.50B 2.99B 6.80B 7.02B
Gross Income Growth
+601.45% -14.48% +127.12% +3.23%
Gross Profit Margin
+36.15% +22.80% +42.05% +40.69%
2021 2022 2023 2024 5-year trend
SG&A Expense
2.94B 4.71B 5.21B 5.35B
Research & Development
- - - -
-
Other SG&A
2.94B 4.71B 5.21B 5.35B
SGA Growth
+17.05% +60.39% +10.75% +2.69%
Other Operating Expense
- - - -
-
Unusual Expense
37.00K (2.28B) 26.00M 163.00M
EBIT after Unusual Expense
563.77M 562.59M 1.56B 1.50B
Non Operating Income/Expense
1.70B 936.16M 375.97M 60.87M
Non-Operating Interest Income
- - - 81.00M
-
Equity in Earnings of Affiliates
1.58M (183.67M) (63.14M) (91.39M)
Interest Expense
799.59M 594.95M 460.29M 443.23M
Interest Expense Growth
+18.22% -25.59% -22.63% -3.71%
Gross Interest Expense
800.16M 595.69M 463.18M 445.66M
Interest Capitalized
563.00K 738.00K 2.88M 2.43M
Pretax Income
1.46B 903.80M 1.47B 1.12B
Pretax Income Growth
+196.71% -38.17% +62.95% -24.15%
Pretax Margin
+15.10% +6.88% +9.11% +6.48%
Income Tax
253.41M 697.07M 157.84M 52.46M
Income Tax - Current - Domestic
9.98M 198.49M 273.09M 138.87M
Income Tax - Current - Foreign
3.72M 2.26M (223.00K) (2.36M)
Income Tax - Deferred - Domestic
261.23M 724.69M (102.25M) (33.86M)
Income Tax - Deferred - Foreign
(21.51M) (228.37M) (12.78M) (50.19M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
1.58M (183.67M) (63.14M) (91.39M)
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.21B 206.73M 1.31B 1.06B
Minority Interest Expense
32.32M (1.23B) 170.62M 320.96M
Net Income
1.18B 1.44B 1.14B 743.65M
Net Income Growth
+217.94% +22.54% -20.60% -35.01%
Net Margin Growth
+12.15% +10.98% +7.08% +4.31%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.18B 1.44B 1.14B 743.65M
Preferred Dividends
- - - -
-
Net Income Available to Common
1.18B 1.44B 1.14B 743.65M
EPS (Basic)
2.4403 3.522 3.2241 2.4191
EPS (Basic) Growth
+220.93% +44.33% -8.46% -24.97%
Basic Shares Outstanding
481.93M 409.20M 354.93M 307.41M
EPS (Diluted)
2.4132 3.4897 3.1908 2.3971
EPS (Diluted) Growth
+219.58% +44.61% -8.57% -24.87%
Diluted Shares Outstanding
487.36M 412.99M 358.63M 310.23M
EBITDA
1.90B 2.20B 2.40B 2.49B
EBITDA Growth
+409.60% +15.82% +8.74% +4.02%
EBITDA Margin
+19.66% +16.79% +14.83% +14.46%

Snapshot

Average Recommendation BUY Average Target Price 49.50
Number of Ratings 24 Current Quarters Estimate 0.472
FY Report Date 03 / 2025 Current Year's Estimate 2.28
Last Quarter’s Earnings 0.45 Median PE on CY Estimate N/A
Year Ago Earnings 2.59 Next Fiscal Year Estimate 2.818
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 13 13 16 15
Mean Estimate 0.47 0.58 2.28 2.82
High Estimates 0.69 0.80 3.05 3.66
Low Estimate 0.20 0.31 1.57 1.96
Coefficient of Variance 27.94 22.30 20.37 20.15

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 17 18 17
OVERWEIGHT 4 4 3
HOLD 3 3 5
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Overweight

Insider Actions for Mgm Resorts International - MGM

Date Name Shares Transaction Value
Mar 17, 2025 Donna Langley Director 1,734 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 William Joseph Hornbuckle CEO AND PRESIDENT; Director 441,201 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 William Joseph Hornbuckle CEO AND PRESIDENT; Director 439,730 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $36 per share 15,830,280.00
Feb 26, 2025 William Joseph Hornbuckle CEO AND PRESIDENT; Director 445,388 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Jonathan S. Halkyard CHIEF FINANCIAL OFFICER 63,379 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $36 per share 2,281,644.00
Feb 26, 2025 William Joseph Hornbuckle CEO AND PRESIDENT; Director 444,142 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $36.37 per share 16,153,444.54
Feb 26, 2025 Jonathan S. Halkyard CHIEF FINANCIAL OFFICER 64,078 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Jonathan S. Halkyard CHIEF FINANCIAL OFFICER 6,347 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 William Joseph Hornbuckle CEO AND PRESIDENT; Director 13,366 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Jonathan S. Halkyard CHIEF FINANCIAL OFFICER 66,289 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Jonathan S. Halkyard CHIEF FINANCIAL OFFICER 65,648 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $36.37 per share 2,387,617.76
Feb 26, 2025 Jonathan S. Halkyard CHIEF FINANCIAL OFFICER 2,909 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 William Joseph Hornbuckle CEO AND PRESIDENT; Director 5,657 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 21, 2025 Todd Meinert SVP & Chief Accounting Officer 18,301 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.84 per share 692,509.84
Jan 6, 2025 Rose E. McKinney-James Director 59,595 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 6, 2025 Keith Arlyn Meister Director 51,862 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 6, 2025 Paul Jude Salem Director 98,697 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 22, 2024 Daniel J. Taylor Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $41.02 per share 0.00
May 22, 2024 Mary Chris Gay Director 5,250 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $41.11 per share 215,827.50
May 22, 2024 Alexis Margaret Herman Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $41.5 per share 0.00

Mgm Resorts International in the News