MGM Resorts International vs Tidewater Inc — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while Tidewater Inc trades at $78.18 (market cap $3.75B). The key difference: MGM Resorts International is far larger — about 3.2× Tidewater Inc's market cap, and MGM Resorts International pays a 0.03% dividend while Tidewater Inc pays none. Which is the better fit depends on your goals.
| MGM | TDW | |
|---|---|---|
Market Cap | $11.86B | $3.75B |
Sector | Consumer Cyclical | Utilities |
52-Week High | $50.69 | $91.12 |
52-Week Low | $30.72 | $47.29 |
Enterprise Value | $40.90B | $3.85B |
Dividend Yield | 0.03% | — |
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 →Tidewater is the leading global provider of offshore support vessels (OSVs) to the energy industry. With the world's largest fleet of platform supply vessels (PSVs) and anchor handling tugs (AHTS), it provides critical logistics and marine support for offshore oil, gas, and renewable energy projects. Following a period of massive strategic consolidation, Tidewater is now focused on maximizing day rates and free cash flow in a supply-constrained market, positioning itself as a primary beneficiary of the multi-year offshore upcycle.
Read more on TDW →