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MGM Resorts (GB:0JWC)
LSE:0JWC
MGM Resorts (0JWC) Share Price & Analysis
0 Followers
0JWC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$34.32 - $51.32
Previous Close$42.4
Volume1.46K
Average Volume (3M)4.96K
Market Cap
$13.32B
Enterprise Value$42.42B
Total Cash (Recent Filing)$2.93B
Total Debt (Recent Filing)$31.47B
Price to Earnings (P/E)13.4
Beta1.63
Next Earnings
May 01, 2024EPS Estimate
$0.56Last Dividend Ex-Date
Dec 08, 2022Dividend YieldN/A
Share Statistics
EPS (TTM)3.17
Shares Outstanding319,678,271
10 Day Avg. Volume1,255
30 Day Avg. Volume4,959
Standard Deviation0.17
R-Squared0.51
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-4.45
Price to Sales (P/S)0.58
Price to Cash Flow (P/CF)4.80
P/FCF Ratio6.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.48
Enterprise Value/Gross Profit3.58
Enterprise Value/Ebitda15.30
Forecast
1Y Price Target
$57.00Price Target Upside34.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
MGM Resorts News
PremiumStock Analysis & Ideas
These 3 Macau Casino Stocks Are a Good Bet, Says Seaport
PremiumStock Analysis & Ideas
RCL, CCL, MGM: Which Leisure Stock Is the Best Buy?
Bulls Say, Bears Say
Bulls Say
Growth OpportunitiesMGM has several growth opportunities including partnerships, new casino developments, and achieving profitability in BetMGM.
Shareholder ValueMGM could theoretically buy $4-5bn of stock over the next five years, demonstrating a strong free cash flow and stock buyback value creation path.
ValuationMGM is fundamentally mis-valued, with US operations trading at attractive multiples compared to M&A comps, indicating potential undervaluation.
Bears Say
EarningsMGM reported EBITDAR of $1.2bn, below consensus expectations, with mixed results across its three segments.
Financial PerformanceMargins in Macau are expected to remain flat to modestly lower due to investment in low margin amenities to comply with concession agreements.
Quarterly EstimatesAdverse weather in January is expected to affect the company's first-quarter regional estimates.
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Ownership Overview
52.60% Insiders
23.02% Mutual Funds
18.23% Other Institutional Investors
6.16% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by MGM Resorts
Desktop Users
Mobile Users
0JWC FAQ
What was MGM Resorts’s price range in the past 12 months?
MGM Resorts lowest share price was $34.32 and its highest was $51.32 in the past 12 months.
What is MGM Resorts’s market cap?
Currently, no data Available
When is MGM Resorts’s upcoming earnings report date?
MGM Resorts’s upcoming earnings report date is May 01, 2024 which is in 12 days.
How were MGM Resorts’s earnings last quarter?
MGM Resorts released its earnings results on Feb 13, 2024. The company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.711 by $0.349.
Is MGM Resorts overvalued?
According to Wall Street analysts MGM Resorts’s price is currently Undervalued.
Does MGM Resorts pay dividends?
MGM Resorts pays a Quarterly dividend of <$0.01 which represents an annual dividend yield of N/A. See more information on MGM Resorts dividends here
What is MGM Resorts’s EPS estimate?
MGM Resorts’s EPS estimate is $0.56.
How many shares outstanding does MGM Resorts have?
MGM Resorts has 317,015,700 shares outstanding.
What happened to MGM Resorts’s price movement after its last earnings report?
MGM Resorts reported an EPS of $1.06 in its last earnings report, beating expectations of $0.711. Following the earnings report the stock price went down -6.799%.
Which hedge fund is a major shareholder of MGM Resorts?
Among the largest hedge funds holding MGM Resorts’s share is Davis Selected Advisers. It holds MGM Resorts’s shares valued at 462M.
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MGM Resorts Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$57.00 (34.43% Upside)
$57.00 (34.43% Upside)
Blogger Sentiment
Bullish
GB:0JWC Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $18.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-4.21%
12-Months-Change
Fundamentals
Return on Equity
26.46%
Trailing 12-Months
Asset Growth
-6.47%
Trailing 12-Months
Company Description
MGM Resorts
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.
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0JWC Company Deck
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0JWC Earnings Call
Q4 2024
0:00 / 0:00
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0JWC Net revenue Breakdown
54.44% Las Vegas Strip Resorts
22.71% Regional Operations
19.51% MGM China
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0JWC Stock 12 Months Forecast
Average Price Target
$57.00
▲(34.43% Upside)
Technical Analysis
MGM Resorts
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Wynn Resorts
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Las Vegas Sands
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Caesars Entertainment
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Full House Resorts
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Best Analysts Covering 0JWC
1 Year
1 Year Success Rate
23/30 ratings generated profit
1 Year Average Return
+10.89%
reiterated a buy rating 2 months ago
Copying Carlo Santarelli's trades and holding each position for 1 Year would result in 76.67% of your transactions generating a profit, with an average return of +10.89% per trade.
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