MGM Resorts International vs Oxford Lane Capital Corp — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while Oxford Lane Capital Corp trades at $8.82 (market cap $866.15M). The key difference: MGM Resorts International is far larger — about 13.7× Oxford Lane Capital Corp's market cap, and Oxford Lane Capital Corp pays the higher dividend (27.06%). Which is the better fit depends on your goals.
| MGM | OXLC | |
|---|---|---|
Market Cap | $11.86B | $866.15M |
Sector | Consumer Cyclical | Financials |
52-Week High | $50.69 | $19.90 |
52-Week Low | $30.72 | $8.15 |
Enterprise Value | $40.90B | — |
Dividend Yield | 0.03% | 27.06% |
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 →Oxford Lane Capital Corp. is a non-diversified, closed-end management investment company. Its primary investment objective is to achieve high current income, with a secondary objective of capital appreciation. The company primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs), which are pools of corporate loans. OXLC is known for its high-yield distribution policy and provides investors with leveraged exposure to the CLO market.
Read more on OXLC →