MGM Resorts International
General ticker "MGM" information:
- Sector: Consumer Discretionary
- Industry: Hotels, Restaurants & Leisure
- Capitalization: $11.0B
MGM Resorts International does not follow the US Stock Market performance with the rate: -7.7%.
Estimated limits based on current volatility of 1.9%: low 33.35$, high 34.67$
Factors to consider:
- Company included in S&P500 list
- Current price 12.3% below estimated low
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [39.12$, 59.24$]
- 2024-12-30 to 2025-12-30 estimated range: [46.94$, 68.37$]
Financial Metrics affecting the MGM estimates:
- Positive: Non-GAAP EPS, $ of 2.73 > 2.29
- Positive: 9.05 < Operating profit margin, % of 12.13
- Positive: Operating cash flow per share per price, % of 18.02 > 12.76
- Positive: 6.82 < Industry operating profit margin (median), % of 11.14
- Negative: Industry inventory ratio change (median), % of 0.54 > 0.49
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 3.01
- Positive: 1.31 < Industry earnings per price (median), % of 3.88
Short-term MGM quotes
Long-term MGM plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $10,899.42MM | $14,764.02MM | $15,589.33MM |
| Operating Expenses | $8,620.72MM | $13,324.65MM | $13,697.83MM |
| Operating Income | $2,278.70MM | $1,439.37MM | $1,891.50MM |
| Non-Operating Income | $-816.89MM | $-535.57MM | $-418.73MM |
| Interest Expense | $799.59MM | $594.95MM | $460.29MM |
| Income(Loss) | $1,461.80MM | $903.80MM | $1,472.76MM |
| Taxes | $253.41MM | $697.07MM | $157.84MM |
| Profit(Loss) | $1,208.39MM | $206.73MM | $1,314.92MM |
| Stockholders Equity | $6,070.65MM | $4,831.53MM | $3,811.17MM |
| Inventory | $96.37MM | $126.06MM | $141.68MM |
| Assets | $40,899.12MM | $45,692.21MM | $42,368.55MM |
| Operating Cash Flow | $1,373.42MM | $1,756.46MM | $2,690.78MM |
| Capital expenditure | $490.70MM | $765.07MM | $931.81MM |
| Investing Cash Flow | $1,543.64MM | $2,118.18MM | $-714.17MM |
| Financing Cash Flow | $-2,814.09MM | $-3,024.30MM | $-5,004.63MM |
| Earnings Per Share* | $2.44 | $0.51 | $3.22 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.