MGM

#755
MGM Resorts International Common Stock
43.6 7 USD
+1.32%
Sector: Consumer Cyclical
Base: USD
Profit Currency: USD
Daily Range
43.37
43.84
Year Range
29.19
43.84
Daily Change
+1.32%
Monthly Change
+10.06%
6 month change
+24.10%
Year Change
+39.92%
Previous Close
43.1 0
Open
43.7 7
Low
43.3 7
High
43.8 4
Volume
2 933
Open full chart Full chart

Financials

Overview Statement Statistics Dividends
Quarterly Annual
  • Market Capitalization 11.17 B
  • Employee 62 K
  • Founded 1986
  • CEO -
  • Website www.mgmresorts.com
  • Headquarter Delaware, United States
  • FIGI BBG000C2BXK4
  • Industry Resorts & Casinos
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
50.7
Price to sales ratio
0.57
Dividends per share
—
Dividend yield %
—

MGM Resorts International Common Stock

MGM Resorts International is an American multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, Ohio, New Jersey, Macau, Shanghai, Chengdu, Hangzhou and Sanya, including the Bellagio, Mandalay Bay, MGM Grand and Park MGM. The company began operations in 1987 as MGM Grand, Inc. and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gambling revenue began to outpace gambling receipts, and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its focus from owning and operating resorts and casinos to developing and building real estate in the leisure and gambling industry—launching the massive CityCenter mixed-use project, which was at the time of its construction the world's largest construction site and ranks as one of the most expensive real estate projects in history. City Center's development coincided with the 2008 financial crisis, causing more than $1 billion in write-offs in its valuation.

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