Digital Realty Trust, Inc. vs MGM Resorts International — how do they compare? Digital Realty Trust, Inc. trades at $191.45 (market cap $70.61B), while MGM Resorts International trades at $43.5 (market cap $11.10B). The key difference: Digital Realty Trust, Inc. is far larger — about 6.4× MGM Resorts International's market cap, and Digital Realty Trust, Inc. pays the higher dividend (2.56%). Which is the better fit depends on your goals.
| DLR | MGM | |
|---|---|---|
Market Cap | $70.61B | $11.10B |
Sector | Real Estate | Consumer Cyclical |
52-Week High | $203.91 | $50.69 |
52-Week Low | $147.93 | $30.72 |
Enterprise Value | $89.32B | $38.40B |
Dividend Yield | 2.56% | 0.03% |
Trailing returns across standard periods
Latest headlines on both assets
Digital Realty owns and operates nearly 300 data centers worldwide. It has more than 35 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to cold shells, where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. Digital Realty has also moved more into the co-location business, increasingly serving enterprises and facilitating network connections. Digital Realty operates as a real estate investment trust.
Read more on DLR →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.
Read more on MGM →