LTC Properties Inc vs MGM Resorts International — how do they compare? LTC Properties Inc trades at $41.74 (market cap $2.15B), while MGM Resorts International trades at $46.57 (market cap $11.86B). The key difference: MGM Resorts International is far larger — about 5.5× LTC Properties Inc's market cap, and LTC Properties Inc pays the higher dividend (5.44%). Which is the better fit depends on your goals.
| LTC | MGM | |
|---|---|---|
Market Cap | $2.15B | $11.86B |
Sector | Real Estate | Consumer Cyclical |
52-Week High | $41.92 | $50.69 |
52-Week Low | $33.98 | $30.72 |
Enterprise Value | $2.99B | $40.90B |
Dividend Yield | 5.44% | 0.03% |
Trailing returns across standard periods
Latest headlines on both assets
LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in healthcare facilities through mortgage loans, property lease transactions, and other investments. LTC generates all of its revenue in the United States. LTC is an active capital provider in the seniors housing and health care real estate industry. The company has been actively engaged with its operating partners to create a growing pipeline of projects. LTC considers merger and acquisition investment as a component of its operational growth strategy.
Read more on LTC →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 →