MGM Resorts International (MGM)

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Company Performance

Current Price

as of Oct 03, 2024

$39.67

P/E Ratio

14.98

Market Cap

$12.05B

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 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.

Metrics

Overview

  • HQLas Vegas, NV
  • SectorConsumer Services
  • IndustryCasinos/Gaming
  • TickerMGM
  • Price$39.67+0.13%

Trading Information

  • Market Cap$12.05B
  • Float77.75%
  • Average Daily Volume (1m)5,090,508
  • Average Daily Volume (3m)4,778,708
  • EPS$2.67

Company

  • Revenue$17.06B
  • Rev Growth (1yr)9.77%
  • Net Income$187.17M
  • Gross Margin41.88%
  • EBITDA Margin15.44%
  • EBITDA$668.29M
  • EV$43.94B
  • EV/Revenue2.58
  • P/E14.98
  • P/S0.73
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