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MGM Resorts International

Consumer Cyclical
$35.07
- $1.08 (2.99%) 1D
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Performance

Today’s Low
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    Today’s High
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      52W High
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      Open PricePrev. CloseVolumeAvg. Volume
      $36.20$36.155,943,2645,208,224

      Fundamentals

      Market Cap$14.94B
      P/B Ratio2.9
      P/E Ratio9.5
      Enterprise Value$35.45B
      Div. Yield0.03%
      Book Value11.44
      EPS(TTM)-0.06
      ROENA
      Understand Fundamentals

      About the Company

      MGM Resorts International is a multinational hospitality and entertainment company. The company began operations in 1987 as MGM Grand, Inc. and later changed its corporate name to MGM Mirage in 2000. It adopted its current name, MGM Resorts Internati
      MGM Resorts International is a multinational hospitality and entertainment company. The company began operations in 1987 as MGM Grand, Inc. and later changed its corporate name to MGM Mirage in 2000. It adopted its current name, MGM Resorts International, in 2010. MGM Resort International shares trade on the New York Stock Exchange (NYSE) under the ticker symbol of MGM. MGM shares are also included as a component of the S&P 500 stock market index. The company’s headquarters are in Las Vegas, Nevada. The company offers hotels, casinos, meeting spaces, conference halls, restaurants as well as live and theatrical entertainment services. Its portfolio has 29 properties in the United States, China and Japan. It includes some notable brands such as MGM Grand, Bellagio, Park MGM, Mirage Las Vegas, Borgata, MGM Springfield, MGM National Harbor, and ARIA. Nine of its domestic resorts are on the Las Vegas Strip, while others are in Maryland, Mississippi, Michigan, New Jersey and Massachusetts. MGM also owns 50% of Las Vegas’ CityCenter. Its operations in China consists of two properties in Macau, namely MGM Cotai and MGM Macau. The company has a joint venture with Diaoyutai State Guesthouse of China called Diaoyutai MGM Hospitality. It also has a 50/50 venture called BetMGM, LLC, which offers an online gaming experience. MGM Resorts International completed a key acquisition in 2000 and bought-off Mirage Resorts, Inc. for a purchase price of $6.4 billion. This was also the largest acquisition of its kind in the gaming industry at the time. Another merger took place in 2005 when MGM purchased Mandalay Resort Group in a transaction of $7.9 billion. In 2018, it entered into a joint venture with Entain PLC (formerly GVC Holdings) and incorporated Roar Digital, LLC. Subsequently, Forbes recognized MGM as one of America’s Largest Public Companies in 2018. As of 2021, the company was recognized as one of the 98 organisations that create an inclusive workspace by Diversity Best Practices (DBP). It ranked 249th on the list of Fortune 500 companies. It ranked 290th on Forbes’ list of Best Employers for Diversity 2020. Forbes also included MGM Resorts International in its rankings of World’s Best Employers 2020, America’s Best Employers by State 2020, and Best Employers for Diversity 2020.
      ...Read more
      OrganisationMGM Resorts International
      IndustryResorts & Casinos
      HeadQuartersLas Vegas, NV

      Company Financials

      *All values are in Million $
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      FAQs on MGM Resorts International

      Can I Buy MGM Resorts International Shares in India?

      Yes, MGM Resorts International shares can be bought in India by opening an international trading account with Groww.

      How to Buy MGM Resorts International Shares in India?

      One can easily invest in MGM Resorts International shares from India by: Direct Investment - Opening an international trading account with Groww which includes KYC verification in the US. Your account gets activated in a few minutes to a few hours, after which you can start adding funds in USD balance to buy MGM Resorts International shares. Indirect Investment - Under this form of investment, you can choose either a Mutual Fund (MF) or an Exchange-Traded Fund (ETF) that invests in global shares and start investing in shares of MGM Resorts International.

      What is the Share Price of MGM Resorts International?

      The share price of MGM Resorts International is in Dollars and if you are investing from India, you can always check the INR valuation before investing. The current MGM Resorts International share price is $35.07 as of 16 May ‘22

      What is the Market Cap of MGM Resorts International?

      The MGM Resorts International market cap is $14.94B as of 16 May ‘22

      What is the PE and PB ratio of MGM Resorts International?

      The PE and PB ratio of MGM Resorts International is 9.5 and 2.9 as of 16 May ‘22
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