MGM Resorts International (MGM)
MGM Resorts International Statistics
Share Statistics
MGM Resorts International has 282.95M shares outstanding. The number of shares has increased by -8.97% in one year.
| Shares Outstanding | 282.95M |
| Shares Change (YoY) | -8.97% |
| Shares Change (QoQ) | -4.09% |
| Owned by Institutions (%) | 65.03% |
| Shares Floating | 215.75M |
| Failed to Deliver (FTD) Shares | 6.97K |
| FTD / Avg. Volume | 0.12% |
Short Selling Information
The latest short interest is 22.18M, so 7.77% of the outstanding shares have been sold short.
| Short Interest | 22.18M |
| Short % of Shares Out | 7.77% |
| Short % of Float | 10.47% |
| Short Ratio (days to cover) | 2.7 |
Valuation Ratios
The PE ratio is 14.27 and the forward PE ratio is 10.98. MGM Resorts International's PEG ratio is -0.59.
| PE Ratio | 14.27 |
| Forward PE | 10.98 |
| 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 39.85B.
| EV / Sales | 2.31 |
| EV / EBITDA | 16.66 |
| EV / EBIT | 16.87 |
| EV / FCF | 32.88 |
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 |
| Debt / EBITDA | 13.22 |
| Debt / FCF | 26.08 |
| Interest Coverage | 3.36 |
Financial Efficiency
Return on Equity is 24.69% and Return on Invested Capital is 3.64%.
| Return on Equity | 24.69% |
| Return on Assets | 1.77% |
| Return on Invested Capital | 3.64% |
| Revenue Per Employee | $287.34K |
| Profits Per Employee | $12.44K |
| Employee Count | 60,000 |
| Asset Turnover | 0.41 |
| Inventory Turnover | 66.83 |
Taxes
| Income Tax | 52.46M |
| Effective Tax Rate | 4.7% |
Stock Price Statistics
The stock price has increased by -20.75% in the last 52 weeks. The beta is 1.96, so MGM Resorts International's price volatility has been higher than the market average.
| Beta | 1.96 |
| 52-Week Price Change | -20.75% |
| 50-Day Moving Average | 31.55 |
| 200-Day Moving Average | 35.96 |
| Relative Strength Index (RSI) | 54.62 |
| Average Volume (20 Days) | 6.04M |
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 | 1.56B |
| 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 | 7.01% |
| FCF Yield | 11.38% |
Analyst Forecast
The average price target for MGM is $50, which is 58.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $50 |
| Price Target Difference | 58.7% |
| Analyst Consensus | Buy |
| Analyst Count | 18 |
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 |