-0.20%
-0.49%
-6.48%
-19.76%
-20.50%
-19.29%
11.01%
AI Spotlight on MGM
Company Description
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.
Market Data
| Last Price | 34.48 |
| Change Percentage | -0.20% |
| Open | 34.55 |
| Previous Close | 34.55 |
| Market Cap ( Millions) | 10266 |
| Volume | 4994388 |
| Year High | 48.25 |
| Year Low | 31.61 |
| M A 50 | 35.22 |
| M A 200 | 38.83 |
Financial Ratios
| FCF Yield | 12.74% |
| Dividend Yield | 0.00% |
| ROE | 26.33% |
| Debt / Equity | 990.16% |
| Net Debt / EBIDTA | 1103.24% |
| Price To Book | 3.21 |
| Price Earnings Ratio | 11.48 |
| Price To FCF | 7.85 |
| Price To sales | 0.59 |
| EV / EBITDA | 14.93 |
News
- Jan -29 - MGM Resorts settles lawsuits after millions of customer records stolen in data breaches
- Jan -22 - This Cheap Stock Has Huge Market Beating Potential
- Jan -20 - MGM Resorts' BetMGM Expands Online Casino With Fremantle Deal
- Jan -20 - BetMGM Secures Exclusive Online Casino Content Rights To "Family Feud" and "The Price is Right" With Fremantle Partnership
- Jan -17 - MGM GRAND ANNOUNCES $300 MILLION ROOM AND SUITE REMODEL
- Jan -16 - 1 Incredible Value Stock I'm Buying Now
- Jan -16 - MGM Resorts: A 13% FCF Yielding Bet That Could Double In 3 Years
- Jan -15 - MGM Stock Could Rise 60% If It Recovers To Pre-Inflation Shock Highs
- Jan -13 - MGM Resorts: Ready To Roll The Dice On A Market Leader And Cashflow Generator
- Jan -07 - MGM Resorts International and Entain Notice of BetMGM FY 2024 Update
- Jan -07 - MGM Resorts International Announces Fourth Quarter and Full Year 2024 Earnings Release Date
- Dec -19 - Tax Loss Selling, Three (More) Oversold Stocks
- Dec -18 - W LAS VEGAS DEBUTS AT MANDALAY BAY
- Dec -16 - Where Will MGM Resorts Stock Be in 5 Years?
- Dec -05 - MGM RESORTS PROMOTES ARI KASTRATI TO CHIEF CONTENT, HOSPITALITY AND DEVELOPMENT OFFICER
- Dec -02 - MGM Resorts International and MGM China to Speak at Leveraged Finance Conference
- Nov -25 - MGM RESORTS LEADS THE CHARGE AT LAS VEGAS GRAND PRIX WITH EXCLUSIVE EVENTS AND STAR POWER
- Nov -25 - BetMGM Rewards Points Now Combined Into Single, Digital Wallet
- Nov -22 - Here's Why Investors Should Retain MGM Resorts Stock for Now
- Nov -18 - Cisco and MGM Resorts International Sign Multi-Year Agreement
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Las Vegas Strip Resorts
Expected Growth : 1.8 %
What the company do ?
The Las Vegas Strip Resorts from MGM Resorts International feature iconic hotels like Bellagio, MGM Grand, and Mandalay Bay, offering luxury accommodations and entertainment.
Why we expect these perspectives ?
MGM Resorts International's Las Vegas Strip Resorts growth of 1.8% is driven by increasing demand for luxury experiences, strategic room renovations, and a strong events calendar. Additionally, the company's focus on non-gaming revenue streams, such as entertainment and dining, has contributed to the growth. Furthermore, the ongoing recovery of the meetings and conventions business has also supported the segment's expansion.
Segment n°2 -> Regional Operations
Expected Growth : 1.5 %
What the company do ?
Regional Operations from MGM Resorts International oversees and manages the company's regional properties, including casinos, hotels, and resorts outside of Las Vegas.
Why we expect these perspectives ?
MGM Resorts International's Regional Operations segment growth of 1.5% is driven by increasing demand for gaming and entertainment in regional markets, strategic marketing initiatives, and operational efficiencies. Additionally, the segment benefits from a strong presence in high-growth markets, such as the Midwest and Northeast regions, and a diversified portfolio of properties.
Segment n°3 -> MGM China
Expected Growth : 2.5 %
What the company do ?
MGM China, a subsidiary of MGM Resorts International, is a hospitality company that develops and operates casino resorts in Macau, China.
Why we expect these perspectives ?
MGM China's 2.5% growth driven by increasing tourism in Macau, rising middle-class disposable income in China, and strategic expansion into new markets. Additionally, the company's focus on premium mass market and non-gaming amenities, such as luxury hotels and entertainment options, contributes to its growth momentum.
Segment n°4 -> Corporate and Other
Expected Growth : 1.2 %
What the company do ?
Corporate and Other from MGM Resorts International refers to the company's corporate office and other non-operating expenses, including administrative costs, marketing, and IT expenses.
Why we expect these perspectives ?
MGM Resorts International's Corporate and Other segment growth of 1.2% is driven by increased management and licensing fees, growth in interactive gaming, and cost savings initiatives. Additionally, the company's focus on strategic partnerships, such as the BetMGM joint venture, and its efforts to enhance operational efficiencies also contribute to this growth.
Mgm Resorts International Products
| Product Range | What is it ? |
|---|---|
| Luxury Hotel Rooms | MGM Resorts International offers luxurious hotel rooms and suites at its various properties, providing guests with comfortable and stylish accommodations. |
| Casino Gaming | MGM Resorts International operates casinos at its properties, offering a range of games, including slots, table games, and poker. |
| Dining and Nightlife | MGM Resorts International offers a diverse range of restaurants, bars, and nightclubs at its properties, featuring celebrity-chef restaurants and trendy lounges. |
| Entertainment and Shows | MGM Resorts International hosts various entertainment options, including Cirque du Soleil productions, concerts, and comedy acts. |
| Meetings and Conventions | MGM Resorts International offers extensive meeting and convention spaces at its properties, catering to corporate events and conferences. |
| Spas and Wellness | MGM Resorts International provides luxurious spa and wellness facilities at its properties, offering massages, treatments, and fitness centers. |
| Golf and Recreation | MGM Resorts International offers golf courses, pools, and recreational activities at its properties, providing guests with leisure options. |
MGM Resorts International's Porter Forces
Threat Of Substitutes
MGM Resorts International faces moderate threat from substitutes, as customers have alternative options for entertainment and leisure activities.
Bargaining Power Of Customers
MGM Resorts International has a high bargaining power of customers, as customers have many options for gaming, hospitality, and entertainment, giving them the power to negotiate prices and services.
Bargaining Power Of Suppliers
MGM Resorts International has a low bargaining power of suppliers, as the company has a strong brand and scale, allowing it to negotiate favorable terms with suppliers.
Threat Of New Entrants
MGM Resorts International faces a low threat of new entrants, as the gaming and hospitality industry has high barriers to entry, including regulatory hurdles and significant capital requirements.
Intensity Of Rivalry
MGM Resorts International operates in a highly competitive industry, with intense rivalry among existing players, including Caesars Entertainment, Las Vegas Sands, and Wynn Resorts.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 63.00% |
| Debt Cost | 3.95% |
| Equity Weight | 37.00% |
| Equity Cost | 15.04% |
| WACC | 8.05% |
| Leverage | 170.24% |
MGM Resorts International : Quality Control
MGM Resorts International passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| VAC | Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The … |
| CHDN | Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. As … |
| MTN | Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and urban ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment … |
| WYNN | Wynn Resorts, Limited designs, develops, and operates integrated resorts. Its Wynn Palace segment operates 424,000 square feet of casino space with 323 table games, 1,035 slot machines, private gaming salons, … |
| HGV | Hilton Grand Vacations Inc., a timeshare company, develops, markets, sells, and manages vacation ownership resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Marriott Vacations Worldwide
A-Score
1-Year Total Return ->
🥈
Vail Resorts
A-Score
1-Year Total Return ->
🥉
Churchill Downs
A-Score
1-Year Total Return ->
4
Hilton Grand Vacations
A-Score
1-Year Total Return ->
5
Wynn Resorts
A-Score
1-Year Total Return ->
6
