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MGM Resorts International

NYS: MGM

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 --Quotes are delayed by 20 min

Oct 22, 2020, 7:18 a.m.

MGM
/zigman2/quotes/209932643/composite

$

21.74

Change

+0.33 +1.54%

Volume

Volume 2,532

Quotes are delayed by 20 min

/zigman2/quotes/209932643/composite

Previous close

$ 21.41

$ 21.41

Change

0.00 0.00%

Day low

Day high

$21.09

$21.57

Open

52 week low

52 week high

$5.90

$34.64

Open

Company Description

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 ...

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 and MGM China. The Las Vegas Strip Resorts segment consists of 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 consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.

Valuation

P/E Current

5.52

P/E Ratio (with extraordinary items)

5.38

P/E Ratio (without extraordinary items)

8.58

Price to Sales Ratio

1.36

Price to Book Ratio

2.17

Price to Cash Flow Ratio

9.19

Enterprise Value to EBITDA

10.92

Enterprise Value to Sales

2.78

Total Debt to Enterprise Value

0.44

Efficiency

Revenue/Employee

184,281.00

Income Per Employee

29,235.00

Receivables Turnover

12.52

Total Asset Turnover

0.39

Liquidity

Current Ratio

1.26

Quick Ratio

1.22

Cash Ratio

0.73

Profitability

Gross Margin

30.94

Operating Margin

11.71

Pretax Margin

22.07

Net Margin

15.86

Return on Assets

6.17

Return on Equity

28.74

Return on Total Capital

5.59

Return on Invested Capital

9.13

Capital Structure

Total Debt to Total Equity

202.01

Total Debt to Total Capital

66.89

Total Debt to Total Assets

44.26

Long-Term Debt to Equity

200.77

Long-Term Debt to Total Capital

66.48

Officers and Executives

Name Age Officer Since Title
Mr. William Joseph Hornbuckle 61 2009 President & Chief Operating Officer
Mr. Corey I. Sanders 55 2007 Chief Financial Officer & Treasurer
Ms. Jyoti Chopra - 2019 SVP, Chief Diversity & Sustainability Officer
Mr. Atif Rafiq 46 - President-Commercial & Growth
Mr. Stephen Martino - - Chief Compliance Officer & Senior Vice President

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
10/03/2020 Corey I. Sanders
CHIEF FINANCIAL OFFICER
2,001   Derivative/Non-derivative trans. at $21.66 per share. 43,341
10/03/2020 William Joseph Hornbuckle
CEO AND PRESIDENT; Director
2,001   Derivative/Non-derivative trans. at $21.66 per share. 43,341
10/03/2020 Robert C. Selwood
EVP - CHIEF ACCOUNTING OFFICER
543   Derivative/Non-derivative trans. at $21.66 per share. 11,761
10/03/2020 John M. McManus
EVP GENERAL COUNSEL AND SECY
946   Derivative/Non-derivative trans. at $21.66 per share. 20,490
10/03/2020 Corey I. Sanders
CHIEF FINANCIAL OFFICER
5,082   Derivative/Non-derivative trans. at $0 per share. 0
10/03/2020 William Joseph Hornbuckle
CEO AND PRESIDENT; Director
5,082   Derivative/Non-derivative trans. at $0 per share. 0
10/03/2020 Robert C. Selwood
EVP - CHIEF ACCOUNTING OFFICER
2,229   Derivative/Non-derivative trans. at $0 per share. 0
10/03/2020 John M. McManus
EVP GENERAL COUNSEL AND SECY
2,401   Derivative/Non-derivative trans. at $0 per share. 0
09/01/2020 John M. McManus
EVP GENERAL COUNSEL AND SECY
10,000   Disposition at $22.89 per share. 228,900
08/31/2020 John M. McManus
EVP GENERAL COUNSEL AND SECY
10,000   Disposition at $22.8 per share. 228,000
08/21/2020 John M. McManus
EVP GENERAL COUNSEL AND SECY
30,000   Disposition at $21.23 per share. 636,900
08/14/2020 Daniel J. Taylor
Director
1,637   Disposition at $21.76 per share. 35,621
05/06/2020 Daniel J. Taylor
Director
1,637   Derivative/Non-derivative trans. at $0 per share. 0
05/02/2020 Roland A. Hernandez
Director
6,006   Derivative/Non-derivative trans. at $0 per share. 0
05/02/2020 Mary Chris Gay
Director
6,006   Derivative/Non-derivative trans. at $0 per share. 0
05/02/2020 Alexis Margaret Herman
Director
6,006   Derivative/Non-derivative trans. at $0 per share. 0
05/02/2020 Gregory M. E. Spierkel
Director
6,006   Derivative/Non-derivative trans. at $0 per share. 0
05/02/2020 Jan G. Swartz
Director
6,006   Derivative/Non-derivative trans. at $0 per share. 0
05/02/2020 William Warwick Grounds
Director
6,006   Derivative/Non-derivative trans. at $0 per share. 0
05/02/2020 John B. Kilroy
Director
6,006   Derivative/Non-derivative trans. at $0 per share. 0
05/02/2020 Rose E. McKinney-James
Director
3,003   Derivative/Non-derivative trans. at $0 per share. 0
04/09/2020 Alexis Margaret Herman
Director
340   Acquisition at $14.64 per share. 4,977
04/09/2020 Atif Rafiq
President, Commercial & Growth
9,812   Acquisition at $15.35 per share. 150,614
04/09/2020 Gregory M. E. Spierkel
Director
5,000   Acquisition at $14.7 per share. 73,500
04/03/2020 Paul Jude Salem
Director
195,000   Acquisition at $10.4 per share. 2,028,000
04/01/2020 Corvex Management LP
Director
100,000   Acquisition at $10.97 per share. 1,097,000
04/01/2020 Paul Jude Salem
Director
182,000   Acquisition at $10.87 per share. 1,978,340
/news/latest/company/us/mgm

MarketWatch News on MGM

  1. Borgata's 'The Poker Room' to reopen in Atlantic City

    1:52 p.m. Oct. 15, 2020

    - Tomi Kilgore

  2. MGM Resorts to offer $500 million in senior debt

    9:09 a.m. Oct. 8, 2020

    - Tomi Kilgore

  3. MGM to offer $500 mln in senior debt due 2028

    9:04 a.m. Oct. 8, 2020

    - Tomi Kilgore

  4. Wynn Resorts Stock Can Double: Fund Manager

    5:17 p.m. Oct. 7, 2020

    - John Yetimoglu, Infinitum Partners

  5. MGM Resorts stock price target raised to $24 from $18 at Truist

    9:02 a.m. Sept. 24, 2020

    - Tomi Kilgore

  6. MGM’s Outlook Looks Dicey, Goldman Sachs Says

    10:34 a.m. Sept. 14, 2020

    - Teresa Rivas

  7. Loading more headlines...
/news/nonmarketwatch/company/us/mgm

Other News on MGM

  1. Penn National Stock Is a Long-Term Winner

    2:13 p.m. Oct. 21, 2020

    - InvestorPlace.com

  2. Voters could expand sports betting to new markets on November 3

    12:43 p.m. Oct. 21, 2020

    - Seeking Alpha

  3. MGM: A Brand With Multi-Bagger Potential

    2:01 p.m. Oct. 20, 2020

    - Seeking Alpha

  4. REIT Earnings Preview: Who Paid The Rent?

    2:00 p.m. Oct. 19, 2020

    - Seeking Alpha

  5. Macau recovery timeline pushed back by Union Gaming

    1:45 p.m. Oct. 19, 2020

    - Seeking Alpha

  6. Seeking Alpha Catalyst Watch

    3:30 p.m. Oct. 16, 2020

    - Seeking Alpha

  7. Spree Capital Advisers Q3 2020 Letter

    3:20 p.m. Oct. 15, 2020

    - Seeking Alpha

  8. MGM Resorts' BetMGM & Genius Sports Unveil Parlay Builder

    9:19 a.m. Oct. 14, 2020

    - Zacks.com

  9. How to Play Penn National Gaming Stock Without Getting Sacked

    6:00 a.m. Oct. 14, 2020

    - InvestorPlace.com

  10. Bill Nygren Market Commentary - 3Q20

    2:50 a.m. Oct. 13, 2020

    - Seeking Alpha

  11. MGM Is the Best Bet on U.S. Sports Betting

    3:13 p.m. Oct. 12, 2020

    - InvestorPlace.com

  12. Caesars plans for return of Strip production show this month

    2:18 p.m. Oct. 12, 2020

    - Seeking Alpha

  13. American Needs a Covid-19 Vaccine — And So Does MGM Resorts

    1:42 p.m. Oct. 12, 2020

    - InvestorPlace.com

  14. Las Vegas Strip Empty Without Conventions

    5:30 a.m. Oct. 10, 2020

    - Katherine Sayre

  15. Loading more headlines...

At a Glance

MGM Resorts International

3600 Las Vegas Boulevard South

Las Vegas, Nevada 89109

Phone

1 7026937120

Industry

Gambling Industries

Sector

Leisure/Arts/Hospitality

Fiscal Year-end

12/2020

Revenue

$12.90B

Net Income

$2.05B

2019 Sales Growth

9.7%

Employees

70,000

/news/pressrelease/company/us/mgm

Press Releases on MGM

  1. Now Open: Din Tai Fung Debuts In Las Vegas At Aria Resort & Casino

    1:30 p.m. Oct. 19, 2020

    - PR Newswire - PRF

  2. MGM Resorts Named One of World's Best Employers by Forbes

    3:41 p.m. Oct. 15, 2020

    - PR Newswire - PRF

  3. MGM Resorts International Prices $750,000,000 in Senior Notes

    4:34 p.m. Oct. 8, 2020

    - PR Newswire - PRF

  4. MGM Resorts International Announces Proposed Senior Notes Offering

    8:59 a.m. Oct. 8, 2020

    - PR Newswire - PRF

  5. Jamie Foxx To Star In BetMGM's New Brand Campaign

    4:30 p.m. Sept. 22, 2020

    - PR Newswire - PRF

  6. MGM Grand To Lay Off 18,000 Furloughed Employees

    1:52 p.m. Sept. 21, 2020

    - Equities.com

  7. Online Gambling Market | Market Size And Industry Analysis 2025

    7:55 a.m. Sept. 18, 2020

    - Heraldkeepers

  8. Loading more headlines...
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