Sirius Investors
36.12
0.54%Today
MGMMGM Resorts International • New York Stock Exchange • Consumer Cyclical
Market Cap
9.83B
Volume
1.15M
52W High
42.54
52W Low
25.30

Company Overview

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.

Company Information

CEO
William Joseph Hornbuckle IV
Sector
Consumer Cyclical
Industry
Gambling, Resorts & Casinos
Employees
60000

Contact Information

Address
3600 Las Vegas Boulevard South
Country
US

Investment Analysis & Insights

Key Investment Highlights

  • Market Position: Consumer Cyclical leader with 9.83B market capitalization
  • Trading Volume: 1.15M shares traded today
  • Price Range: 52-week range of $25.30 - $42.54
  • Exchange: Listed on New York Stock Exchange

Financial Metrics

P/E Ratio:19.73
EPS:$1.83
Beta:1.82
Avg Volume:4.91M

Market Analysis for MGM Resorts International

MGM Resorts International (MGM) operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. With a current market capitalization of 9.83B, the company represents a significant player in its market. The stock is currently trading at $36.12 with a positivedaily change of 0.54%.

The company's 60000 employee base and presence on the New York Stock Exchangeexchange position it as a Consumer Cyclical sector leader. Investors should consider the stock's P/E ratio of 19.73, beta of 1.82, and 52-week price range from $25.30 to $42.54when evaluating investment opportunities.

Why Invest in MGM Resorts International?

Strengths
  • • Established market presence in Consumer Cyclical
  • • Strong financial metrics and market position
  • • Listed on major exchange (New York Stock Exchange)
  • • Experienced leadership under William Joseph Hornbuckle IV
Investment Considerations
  • • Monitor sector-specific market trends
  • • Track quarterly earnings performance
  • • Consider market volatility and beta
  • • Evaluate long-term growth potential

Related Consumer Cyclical Stocks

About Consumer Cyclical Sector

The Consumer Cyclical sector includes companies that sell non-essential goods and services that consumers purchase when they have disposable income.