MGM Resorts International vs Prologis Inc — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while Prologis Inc trades at $151.05 (market cap $137.50B). The key difference: Prologis Inc is far larger — about 11.6× MGM Resorts International's market cap, and Prologis Inc pays the higher dividend (2.9%). Which is the better fit depends on your goals.
| MGM | PLD | |
|---|---|---|
Market Cap | $11.86B | $137.50B |
Sector | Consumer Cyclical | Real Estate |
52-Week High | $50.69 | $149.96 |
52-Week Low | $30.72 | $104.08 |
Enterprise Value | $40.90B | $172.18B |
Dividend Yield | 0.03% | 2.9% |
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 →Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $70 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
Read more on PLD →