MGM Resorts International
General ticker "MGM" information:
- Sector: Consumer Discretionary
- Industry: Hotels, Restaurants & Leisure
- Capitalization: $9.8B (TTM average)
MGM Resorts International follows the US Stock Market performance with the rate: 51.1%.
Estimated limits based on current volatility of 1.8%: low 35.24$, high 36.55$
Factors to consider:
- Company included in S&P500 list
- Total employees count: 60000 as of 2024
- China accounted for 23.3% of revenue in the fiscal year ended 2024-12-31
- US accounted for 73.5% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Liquidity and credit risks, Economic downturns and volatility, High rent payments affecting cash flow, Market competition, Lease related risks for gaming facilities
- Price in estimated range
- 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [23.67$, 38.50$]
- 2025-12-31 to 2026-12-31 estimated range: [25.93$, 41.07$]
Financial Metrics affecting the MGM estimates:
- Positive: with PPE of 13.3 at the end of fiscal year the price was neutral
- Positive: 7.86 < Operating profit margin, % of 8.65
- Positive: Operating cash flow per share per price, % of 22.38 > 13.24
- Negative: Shareholder equity ratio, % of 7.16 <= 18.93
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 2.46
- Positive: -14.38 < Investing cash flow per share per price, % of -12.15
Short-term MGM quotes
Long-term MGM plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $11,894.61MM | $11,722.83MM | $17,240.54MM |
| Operating Expenses | $10,455.24MM | $9,831.33MM | $15,750.09MM |
| Operating Income | $1,439.37MM | $1,891.50MM | $1,490.46MM |
| Non-Operating Income | $-535.57MM | $-418.73MM | $-373.39MM |
| Interest Expense | $594.95MM | $460.29MM | $443.23MM |
| Income(Loss) | $903.80MM | $1,472.76MM | $1,117.07MM |
| Taxes | $697.07MM | $157.84MM | $52.46MM |
| Profit(Loss)* | $1,473.09MM | $1,142.18MM | $746.56MM |
| Stockholders Equity | $4,831.53MM | $3,811.17MM | $3,023.48MM |
| Inventory | $126.06MM | $141.68MM | $140.56MM |
| Assets | $45,692.21MM | $42,368.55MM | $42,231.63MM |
| Operating Cash Flow | $1,766.82MM | $2,699.12MM | $2,362.49MM |
| Capital expenditure | $765.07MM | $931.81MM | $1,150.59MM |
| Investing Cash Flow | $2,107.82MM | $-722.52MM | $-1,283.16MM |
| Financing Cash Flow | $-3,024.30MM | $-5,004.63MM | $-1,564.28MM |
| Earnings Per Share** | $3.60 | $3.22 | $2.43 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.