MGM Resorts International vs Wipro Limited — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while Wipro Limited trades at $1.87 (market cap $18.49B). The key difference: Wipro Limited is the larger of the two by market cap, and Wipro Limited pays the higher dividend (4.68%). Which is the better fit depends on your goals.
| MGM | WIT | |
|---|---|---|
Market Cap | $11.86B | $18.49B |
Sector | Consumer Cyclical | Technology |
52-Week High | $50.69 | $3.06 |
52-Week Low | $30.72 | $1.82 |
Enterprise Value | $40.90B | $16.42B |
Dividend Yield | 0.03% | 4.68% |
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 →Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.
Read more on WIT →