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MGM Resorts International

NYS: MGM

GO
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After Hours

 --Real time quotes

Jul 10, 2020, 6:10 p.m.

MGM
/zigman2/quotes/209932643/composite

$

16.25

Change

+0.05 +0.31%

Volume

Volume 141,566

Real time quotes

/zigman2/quotes/209932643/composite

Today's close

$ 16.00

$ 16.20

Change

+0.20 +1.25%

Day low

Day high

$15.50

$16.25

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

4.13

P/E Ratio (with extraordinary items)

2.81

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

6.97

Enterprise Value to Sales

1.68

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 - - President-Commercial & Growth
Mr. James Armin Freeman 50 2010 Senior Vice President-Capital Markets & Strategys

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
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
03/31/2020 Corvex Management LP
Director
1,000,000   Acquisition at $11.94 per share. 11,940,000
03/31/2020 Corey I. Sanders
CHIEF FINANCIAL OFFICER
8,271   Acquisition at $12.08 per share. 99,913
03/31/2020 William Joseph Hornbuckle
PRESIDENT AND ACTING CEO
33,000   Acquisition at $12.02 per share. 396,660
03/30/2020 Corvex Management LP
Director
500,000   Acquisition at $11.33 per share. 5,665,000
03/30/2020 Paul Jude Salem
Director
340,000   Acquisition at $11.54 per share. 3,923,600
03/30/2020 Corey I. Sanders
CHIEF FINANCIAL OFFICER
16,720   Acquisition at $11.96 per share. 199,971
03/30/2020 William Joseph Hornbuckle
PRESIDENT AND ACTING CEO
8,500   Acquisition at $11.76 per share. 99,960
03/30/2020 William Joseph Hornbuckle
PRESIDENT AND ACTING CEO
8,300   Acquisition at $12 per share. 99,600
03/30/2020 Mary Chris Gay
Director
1,550   Acquisition at $12 per share. 18,600
03/06/2020 James Joseph Murren
CHAIRMAN & CEO; Director
60,315   Derivative/Non-derivative trans. at $20.39 per share. 1,229,822
03/06/2020 Corey I. Sanders
CHIEF FINANCIAL OFFICER
20,339   Derivative/Non-derivative trans. at $20.39 per share. 414,712
03/06/2020 William Joseph Hornbuckle
PRESIDENT AND ACTING CEO
23,113   Derivative/Non-derivative trans. at $20.39 per share. 471,274
03/06/2020 John M. McManus
EVP GENERAL COUNSEL AND SECY
2,901   Derivative/Non-derivative trans. at $20.39 per share. 59,151
03/06/2020 James Joseph Murren
CHAIRMAN & CEO; Director
153,276   Award at $0 per share. 0
03/06/2020 Corey I. Sanders
CHIEF FINANCIAL OFFICER
51,686   Award at $0 per share. 0
03/06/2020 William Joseph Hornbuckle
PRESIDENT AND ACTING CEO
58,734   Award at $0 per share. 0
03/06/2020 John M. McManus
EVP GENERAL COUNSEL AND SECY
9,726   Award at $0 per share. 0
02/21/2020 James Joseph Murren
CHAIRMAN & CEO; Director
1,522   Derivative/Non-derivative trans. at $31.39 per share. 47,775
02/21/2020 Corey I. Sanders
CHIEF FINANCIAL OFFICER
626   Derivative/Non-derivative trans. at $31.39 per share. 19,650
02/21/2020 William Joseph Hornbuckle
PRESIDENT AND ACTING CEO
701   Derivative/Non-derivative trans. at $31.39 per share. 22,004
02/21/2020 James Joseph Murren
CHAIRMAN & CEO; Director
6,910   Derivative/Non-derivative trans. at $0 per share. 0
02/21/2020 Corey I. Sanders
CHIEF FINANCIAL OFFICER
2,839   Derivative/Non-derivative trans. at $0 per share. 0
02/21/2020 William Joseph Hornbuckle
PRESIDENT AND ACTING CEO
3,181   Derivative/Non-derivative trans. at $0 per share. 0
02/20/2020 James Joseph Murren
CHAIRMAN & CEO; Director
175,280   Disposition at $32.17 per share. 5,638,757
02/20/2020 James Joseph Murren
CHAIRMAN & CEO; Director
175,280   Disposition at $32.17 per share. 5,638,757
02/20/2020 James Joseph Murren
CHAIRMAN & CEO; Director
17,640   Disposition at $32.18 per share. 567,655
02/20/2020 James Joseph Murren
CHAIRMAN & CEO; Director
17,640   Disposition at $32.17 per share. 567,478
/news/latest/company/us/mgm

MarketWatch News on MGM

  1. 3 Regional Casino Stocks to Buy, Despite Covid-19 Concerns

    6:54 p.m. July 2, 2020

    - Teresa Rivas

  2. Stocks Closed Down Slightly as Jobs Report Disappoints

    4:26 p.m. June 18, 2020

    - Steve Goldstein

  3. Retail Traders Are Beating Hedge Funds

    11:51 a.m. June 15, 2020

    - Avi Salzman

  4. These U.S. stocks led the market’s brutal decline Thursday

    6:49 a.m. June 12, 2020

    - Philip van Doorn

  5. Stocks’ Rally Ends After Disappointing Jobs Data

    4:22 p.m. June 4, 2020

    - Steve Goldstein

  6. Casino Stocks Are Surging as Las Vegas Reopens

    11:53 a.m. June 4, 2020

    - Avi Salzman

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

Other News on MGM

  1. Oakmark Equity And Income Fund: 2Q 2020

    12:57 p.m. Today

    - Seeking Alpha

  2. MGM Resorts' BetMGM-Denver Broncos Tie Up for Sports Betting

    8:48 a.m. Today

    - Zacks.com

  3. MGM Stock Looks Undervalued as Pandemic Halved the Share Price

    5:01 a.m. July 9, 2020

    - InvestorPlace.com

  4. Big-time decisions coming soon on football

    1:56 p.m. July 8, 2020

    - Seeking Alpha

  5. BetMGM attracts new investments from JV partners

    12:26 p.m. July 8, 2020

    - Seeking Alpha

  6. Slight improvement in Macau after record low revenue in June

    3:03 p.m. July 7, 2020

    - Seeking Alpha

  7. Penn Stock Should Continue to Shine as Economies Reopen

    8:24 a.m. July 7, 2020

    - InvestorPlace.com

  8. MGM Stock Has Upside, But You’ll Have to Wait for It

    6:01 a.m. July 6, 2020

    - InvestorPlace.com

  9. Casinos, Like Airlines, Are Best Avoided for Now

    8:00 a.m. July 3, 2020

    - InvestorPlace.com

  10. As Coronavirus Cases Surge, MGM Stock Could Head Lower

    2:40 p.m. July 2, 2020

    - InvestorPlace.com

  11. MGM Stock Shows Signs of Life Amid Second Virus Wave Concerns

    5:54 a.m. July 2, 2020

    - InvestorPlace.com

  12. 3 Reasons to Be Optimistic About Penn National Gaming

    1:51 p.m. July 1, 2020

    - InvestorPlace.com

  13. Macau casino sector braces for another dismal revenue report

    12:44 p.m. June 30, 2020

    - Seeking Alpha

  14. 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. MGM Resorts International Announces Nationwide Mask Policy

    8:46 p.m. June 24, 2020

    - PR Newswire - PRF

  2. Monthly US Gainers With Bullish Signals: $MGM $FEYE $TJX

    9:19 a.m. June 22, 2020

    - The Market Signal

  3. Loading more headlines...
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