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MGM Resorts International

NYS: MGM

GO
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Market open

 --Real time quotes

Apr 9, 2020, 1:21 p.m.

MGM
/zigman2/quotes/209932643/composite

$

15.40

Change

+0.40 +2.67%

Volume

Volume 22.67m

Real time quotes

/zigman2/quotes/209932643/composite

Previous close

$ 15.00

$ 15.40

Change

+0.40 +2.67%

Day low

Day high

$15.15

$16.44

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

3.87

P/E Ratio (with extraordinary items)

3.78

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

6.68

Enterprise Value to Sales

1.50

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
Mr. Atif Rafiq - - President-Commercial & Growth
Ms. Jyoti Chopra - 2019 SVP, Chief Diversity & Sustainability Officer
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
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
02/19/2020 James Joseph Murren
CHAIRMAN & CEO; Director
137,720   Disposition at $32.15 per share. 4,427,698
02/19/2020 James Joseph Murren
CHAIRMAN & CEO; Director
137,720   Disposition at $32.15 per share. 4,427,698
02/19/2020 James Joseph Murren
CHAIRMAN & CEO; Director
13,860   Disposition at $32.15 per share. 445,599
02/19/2020 James Joseph Murren
CHAIRMAN & CEO; Director
13,860   Disposition at $32.15 per share. 445,599
11/15/2019 Corvex Management LP
Director
295,000   Acquisition at $31.21 per share. 9,206,950
11/14/2019 James Joseph Murren
CHAIRMAN & CEO; Director
7,433   Derivative/Non-derivative trans. at $31.1 per share. 231,166
11/14/2019 Corey I. Sanders
CHIEF FINANCIAL OFFICER
3,098   Derivative/Non-derivative trans. at $31.1 per share. 96,347
11/14/2019 William Joseph Hornbuckle
PRESIDENT AND ACTING CEO
3,098   Derivative/Non-derivative trans. at $31.1 per share. 96,347
11/14/2019 Robert C. Selwood
EVP - CHIEF ACCOUNTING OFFICER
1,088   Derivative/Non-derivative trans. at $31.1 per share. 33,836
11/14/2019 John M. McManus
EVP GENERAL COUNSEL AND SECY
1,239   Derivative/Non-derivative trans. at $31.1 per share. 38,532
11/14/2019 James Joseph Murren
CHAIRMAN & CEO; Director
18,886   Derivative/Non-derivative trans. at $0 per share. 0
11/14/2019 Corey I. Sanders
CHIEF FINANCIAL OFFICER
7,869   Derivative/Non-derivative trans. at $0 per share. 0
11/14/2019 William Joseph Hornbuckle
PRESIDENT AND ACTING CEO
7,869   Derivative/Non-derivative trans. at $0 per share. 0
11/14/2019 Robert C. Selwood
EVP - CHIEF ACCOUNTING OFFICER
2,762   Derivative/Non-derivative trans. at $0 per share. 0
11/14/2019 John M. McManus
EVP GENERAL COUNSEL AND SECY
3,147   Derivative/Non-derivative trans. at $0 per share. 0
/news/latest/company/us/mgm

MarketWatch News on MGM

  1. MGM Resorts stock price target cut to $13 from $35 at Deutsche Bank

    6:43 a.m. Today

    - Tomi Kilgore

  2. U.S. Stocks End Worst Quarter Since ’87, the Year of Black Monday

    12:35 p.m. March 31, 2020

    - Steve Goldstein

  3. These 62 stocks in the S&P 500 soared at least 20% on Tuesday

    6:53 a.m. March 25, 2020

    - Philip van Doorn

  4. Casino and Hotel Stocks Rally Sharply From Midweek Lows

    3:55 p.m. March 20, 2020

    - Andrew Bary

  5. Travel and Casino Stocks Are Soaring as the Dow Goes Down

    1:00 p.m. March 20, 2020

    - Ben Walsh

  6. MGM Resorts to close MGM National Harbor casino by midnight

    7:11 p.m. March 15, 2020

    - Tomi Kilgore

  7. MGM Resorts stock price target cut to $30 from $40 at Instinet

    8:38 a.m. March 13, 2020

    - Tomi Kilgore

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

Other News on MGM

  1. Daily Insider Ratings Round Up 4/7/20

    9:56 a.m. Today

    - Seeking Alpha

  2. Wynn Resorts Gains 14% Despite Bleak Q1 Revenue Forecast

    9:16 a.m. Today

    - Zacks.com

  3. Ignore The Fortune Tellers

    9:10 p.m. April 8, 2020

    - Seeking Alpha

  4. How These 5 Casino Stocks Are Handling The Coronavirus

    11:18 a.m. April 7, 2020

    - InvestorPlace.com

  5. RTX, SKT among premarket gainers

    9:15 a.m. April 7, 2020

    - Seeking Alpha

  6. Casino sector attracts some bets

    10:25 a.m. April 6, 2020

    - Seeking Alpha

  7. Weekly CEO Buys Highlight

    10:09 a.m. April 6, 2020

    - GuruFocus.com

  8. Insider Weekends: The Mood Turns Significantly Darker

    9:50 a.m. April 6, 2020

    - Seeking Alpha

  9. Daily Insider Ratings Round Up 4/2/20

    3:36 p.m. April 4, 2020

    - Seeking Alpha

  10. Deutsche Bank Keeps Their Hold Rating on MGM Resorts (MGM)

    5:30 p.m. April 3, 2020

    - SmarterAnalyst

  11. The slow burn continues in travel sector

    1:00 p.m. April 3, 2020

    - Seeking Alpha

  12. Daily Insider Ratings Round Up 4/1/20

    12:13 a.m. April 3, 2020

    - Seeking Alpha

  13. Daily Insider Ratings Round Up 3/31/20

    2:55 p.m. April 2, 2020

    - Seeking Alpha

  14. Betting Takes a Back Seat in Macau on Coronavirus Fears

    8:55 a.m. April 2, 2020

    - Zacks.com

  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. MGM Resorts Statement On Departure Of Governor Sandoval

    1:00 p.m. April 1, 2020

    - PR Newswire - PRF

  2. Wednesday 4/1 Insider Buying Report: MGM, ET

    10:54 a.m. April 1, 2020

    - MarketNewsVideo.com

  3. S&P 500 Movers: WCG, MGM

    10:30 a.m. March 20, 2020

    - MarketNewsVideo.com

  4. MGM Northfield Park Donates 1 Ton of Food to Cleveland Food Bank

    3:03 p.m. March 18, 2020

    - PR Newswire - PRF

  5. Casino Stocks Are in Crisis

    6:43 a.m. March 18, 2020

    - Baystreet.ca

  6. TIX CORPORATION SUSPENDS OPERATIONS IN LAS VEGAS

    9:00 a.m. March 17, 2020

    - GlobeNewswire

  7. TIX CORPORATION SUSPENDS OPERATIONS IN LAS VEGAS

    9:00 a.m. March 17, 2020

    - GlobeNewswire

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