Buy & Sell MGM Resorts International (MGM) – MGM Resorts International Price Today
Aura AI Summary
Key Stats
- $9.55BMarket Cap
- Consumer CyclicalSector
- -10.3%3M Drawdown
- $38.86BEnterprise Value
- 0.03%Dividend Yield
- 99% Buy | 1% SellTrading Activity
- 88 daysTypical Hold Time
MGM Resorts International (MGM) is currently valued at a market capitalization of $9.55B, with an enterprise value of $38.86B. Over the past 52 weeks, MGM Resorts International has traded between a low of $28.46 and a high of $39.77, highlighting its annual price range. Over the past three months, MGM Resorts International has recorded a drawdown of -10.3%, reflecting recent price volatility. MGM Resorts International offers a dividend yield of 0.03%, with the most recent dividend of $0.00 paid on 08 Dec 22. On average, investors hold MGM Resorts International for approximately 88 days, indicating typical investor behavior on the platform.
About MGM Resorts International
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
