MGM Resorts International vs Realty Income Corp — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while Realty Income Corp trades at $64.95 (market cap $60.78B). The key difference: Realty Income Corp is far larger — about 5.1× MGM Resorts International's market cap, and Realty Income Corp pays the higher dividend (4.99%). Which is the better fit depends on your goals.
| MGM | O | |
|---|---|---|
Market Cap | $11.86B | $60.78B |
Sector | Consumer Cyclical | Real Estate |
52-Week High | $50.69 | $67.56 |
52-Week Low | $30.72 | $55.93 |
Enterprise Value | $40.90B | $90.58B |
Dividend Yield | 0.03% | 4.99% |
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 →Realty Income owns roughly 11,400 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.
Read more on O →