MGM Resorts International vs Newmont Corporation — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while Newmont Corporation trades at $92.5 (market cap $95.23B). The key difference: Newmont Corporation is far larger — about 8× MGM Resorts International's market cap, and Newmont Corporation pays the higher dividend (1.17%). Which is the better fit depends on your goals.
| MGM | NEM | |
|---|---|---|
Market Cap | $11.86B | $95.23B |
Sector | Consumer Cyclical | Basic Materials |
52-Week High | $50.69 | $131.95 |
52-Week Low | $30.72 | $59.86 |
Enterprise Value | $40.90B | $91.98B |
Dividend Yield | 0.03% | 1.17% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Read more on NEM →