MGM Resorts International vs Prospect Capital Corporation — how do they compare? MGM Resorts International trades at $44.04 (market cap $11.10B), while Prospect Capital Corporation trades at $2.27 (market cap $1.14B). The key difference: MGM Resorts International is far larger — about 9.7× Prospect Capital Corporation's market cap, and Prospect Capital Corporation pays the higher dividend (21.93%). Which is the better fit depends on your goals.
| MGM | PSEC | |
|---|---|---|
Market Cap | $11.10B | $1.14B |
Sector | Consumer Cyclical | Financials |
52-Week High | $50.69 | $3.05 |
52-Week Low | $30.72 | $2.11 |
Enterprise Value | $38.40B | — |
Dividend Yield | 0.03% | 21.93% |
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 →Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.
Read more on PSEC →