MGM Resorts International (MGM)
MGM Resorts International Statistics
Share Statistics
MGM Resorts International has 285.55M shares outstanding. The number of shares has increased by -6.08% in one year.
| Shares Outstanding | 285.55M |
| Shares Change (YoY) | -6.08% |
| Shares Change (QoQ) | -1.99% |
| Owned by Institutions (%) | 65% |
| Shares Floating | 217.73M |
| Failed to Deliver (FTD) Shares | 48 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 15.8M, so 5.31% of the outstanding shares have been sold short.
| Short Interest | 15.8M |
| Short % of Shares Out | 5.31% |
| Short % of Float | 6.87% |
| Short Ratio (days to cover) | 3.52 |
Valuation Ratios
The PE ratio is 14.27 and the forward PE ratio is 14.99. MGM Resorts International's PEG ratio is -0.59.
| PE Ratio | 14.27 |
| Forward PE | 14.99 |
| PS Ratio | 0.62 |
| Forward PS | 0.5 |
| PB Ratio | 3.52 |
| P/FCF Ratio | 8.79 |
| PEG Ratio | -0.59 |
Enterprise Valuation
MGM Resorts International has an Enterprise Value (EV) of 44.4B.
| EV / Earnings | 59.47 |
| EV / Sales | 2.58 |
| EV / EBITDA | 18.57 |
| EV / EBIT | 29.79 |
| EV / FCF | 36.64 |
Financial Position
The company has a current ratio of 1.3, with a Debt / Equity ratio of 10.45.
| Current Ratio | 1.3 |
| Quick Ratio | 1.26 |
| Debt / Equity | 10.45 |
| Total Debt / Capitalization | 91.27 |
| Cash Flow / Debt | 0.07 |
| Interest Coverage | 3.36 |
Financial Efficiency
Return on equity (ROE) is 0.25% and return on capital (ROIC) is 4.02%.
| Return on Equity (ROE) | 0.25% |
| Return on Assets (ROA) | 0.02% |
| Return on Capital (ROIC) | 4.02% |
| Revenue Per Employee | $287,342.42 |
| Profits Per Employee | $12,442.63 |
| Employee Count | 60,000 |
| Asset Turnover | 0.41 |
| Inventory Turnover | 66.83 |
Taxes
| Income Tax | 52.46M |
| Effective Tax Rate | 0.05 |
Stock Price Statistics
The stock price has increased by -35.73% in the last 52 weeks. The beta is 2.19, so MGM Resorts International's price volatility has been higher than the market average.
| Beta | 2.19 |
| 52-Week Price Change | -35.73% |
| 50-Day Moving Average | 33.77 |
| 200-Day Moving Average | 37.39 |
| Relative Strength Index (RSI) | 37.26 |
| Average Volume (20 Days) | 5.22M |
Income Statement
In the last 12 months, MGM Resorts International had revenue of 17.24B and earned 746.56M in profits. Earnings per share was 2.44.
| Revenue | 17.24B |
| Gross Profit | 7.85B |
| Operating Income | 1.49B |
| Net Income | 746.56M |
| EBITDA | 2.39B |
| EBIT | 1.49B |
| Earnings Per Share (EPS) | 2.44 |
Balance Sheet
The company has 2.42B in cash and 31.61B in debt, giving a net cash position of -29.19B.
| Cash & Cash Equivalents | 2.42B |
| Total Debt | 31.61B |
| Net Cash | -29.19B |
| Retained Earnings | 3.08B |
| Total Assets | 42.23B |
| Working Capital | 1.01B |
Cash Flow
In the last 12 months, operating cash flow was 2.36B and capital expenditures -1.15B, giving a free cash flow of 1.21B.
| Operating Cash Flow | 2.36B |
| Capital Expenditures | -1.15B |
| Free Cash Flow | 1.21B |
| FCF Per Share | 3.94 |
Margins
Gross margin is 45.51%, with operating and profit margins of 8.65% and 4.33%.
| Gross Margin | 45.51% |
| Operating Margin | 8.65% |
| Pretax Margin | 6.48% |
| Profit Margin | 4.33% |
| EBITDA Margin | 13.87% |
| EBIT Margin | 8.65% |
| FCF Margin | 7.03% |
Dividends & Yields
MGM pays an annual dividend of $0.01, which amounts to a dividend yield of 0.03%.
| Dividend Per Share | $0.01 |
| Dividend Yield | 0.03% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 0.52% |
| Earnings Yield | 8.04% |
| FCF Yield | 13.99% |
Analyst Forecast
The average price target for MGM is $50, which is 64.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $50 |
| Price Target Difference | 64.8% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
Stock Splits
The last stock split was on May 19, 2005. It was a forward split with a ratio of 2:1.
| Last Split Date | May 19, 2005 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 0.81 |
| Piotroski F-Score | 7 |