MGM Resorts International vs Thomson Reuters Corp — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while Thomson Reuters Corp trades at $90.98 (market cap $41.28B). The key difference: Thomson Reuters Corp is far larger — about 3.5× MGM Resorts International's market cap, and Thomson Reuters Corp pays the higher dividend (2.75%). Which is the better fit depends on your goals.
| MGM | TRI | |
|---|---|---|
Market Cap | $11.86B | $41.28B |
Sector | Consumer Cyclical | Industrials |
52-Week High | $50.69 | $205.54 |
52-Week Low | $30.72 | $76.55 |
Enterprise Value | $40.90B | $43.24B |
Dividend Yield | 0.03% | 2.75% |
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 →Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
Read more on TRI →