William Grounds - MGM Resorts Director

MGM Stock  USD 42.42  0.38  0.90%   

Director

Mr. William W. Grounds is Director of MGM Resorts International. He is Director, President and Chief Operating Officer of Infinity World Development Corporationration a private investment entity which owns half of CityCenter Holdings, LLC, since November 2009, having joined Infinity World in April 2008. Member of CityCenter Board of Directors since December 2009. Various senior executive positions in the real estate investment and development industries, including General Manager at Unlisted Funds of Investa Property Group Ltd. from April 2002 to May 2007 and CEO of Property and Finance at MFS Ltd. from June 2007 to March 2008. Board Member of Lend Lease Property Services and Civil Civic from 1997 to 1998.Board member of Grand Avenue L.A. LLC, a mixed use real estate development joint venture with The Related Companies from 2008 to 2017. Board Member of Fontainebleau Miami JV, LLC, in 2013. Board Member and member of the Audit Committee, Compensation Committee and Nominating Governance Committee of Remark Holdings Inc. since October 2013. Board Member of Nevada Public Radio KNPR since January 2017. since 2013.
Age 64
Tenure 11 years
Address 3600 Las Vegas Boulevard South, Las Vegas, NV, United States, 89109
Phone702 693 7120
Webhttps://www.mgmresorts.com

MGM Resorts Management Efficiency

The company has Return on Asset of 0.0225 % which means that on every $100 spent on assets, it made $0.0225 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2701 %, implying that it generated $0.2701 on every 100 dollars invested. MGM Resorts' management efficiency ratios could be used to measure how well MGM Resorts manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Tangible Assets is likely to grow to 0.03. Also, Return On Capital Employed is likely to grow to 0.05. At this time, MGM Resorts' Net Tangible Assets are very stable compared to the past year. As of the 19th of April 2024, Return On Tangible Assets is likely to grow to 0.03, though Non Currrent Assets Other are likely to grow to (1.9 B).
The company has 31.47 B in debt with debt to equity (D/E) ratio of 5.69, demonstrating that the company may be unable to create cash to meet all of its financial commitments. MGM Resorts International has a current ratio of 1.46, which is typical for the industry and considered as normal. Debt can assist MGM Resorts until it has trouble settling it off, either with new capital or with free cash flow. So, MGM Resorts' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MGM Resorts International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MGM to invest in growth at high rates of return. When we think about MGM Resorts' use of debt, we should always consider it together with cash and equity.

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MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada. MGM Resorts operates under Resorts Casinos classification in the United States and is traded on New York Stock Exchange. It employs 52000 people. MGM Resorts International (MGM) is traded on New York Stock Exchange in USA. It is located in 3600 Las Vegas Boulevard South, Las Vegas, NV, United States, 89109 and employs 58,000 people. MGM Resorts is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

MGM Resorts International Leadership Team

Elected by the shareholders, the MGM Resorts' board of directors comprises two types of representatives: MGM Resorts inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MGM. The board's role is to monitor MGM Resorts' management team and ensure that shareholders' interests are well served. MGM Resorts' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MGM Resorts' outside directors are responsible for providing unbiased perspectives on the board's policies.
Alexis Herman, Independent Director
Aaron Fischer, Senior Vice President - Corporate Development
Sean Christie, President - Events and Nightlife
Janet Swartz, Independent Director
Jan Swartz, Independent Director
William Grounds, Director
Tilak Mandadi, Chief Strategy, Innovation and Technology Officer
Robert Baldwin, Chief Design and Construction Officer and Director
Joey Levin, Independent Director
Keith Meister, Independent Director
William IV, CEO President
Jennifer Michaels, Senior Relations
George Kliavkoff, President - Entertainment and Sports
Alan Feldman, Exec Affairs
Steve Zanella, President and COO of City Center
Daniel Arrigo, CFO, Executive Vice President
Andrew Chapman, Director Relations
Burton Cohen, Independent Director
Gregory Spierkel, Independent Director
Mary Gay, Independent Director
William Bible, Independent Director
Barry Diller, Independent Director
Atif Rafiq, President of Commercial and Growth
Anthony Mandekic, Independent Director
William Hornbuckle, President, Chief Executive Officer, Director
Paul Salem, Independent Chairman of the Board
Jonathan Halkyard, Chief Financial Officer, Treasurer
Daniel Taylor, Independent Director
Gary Fritz, President Interactive
Rose McKinneyJames, Independent Director
Daniel DArrigo, CFO, Executive VP and Treasurer
James Murren, Chairman of the Board, Chief Executive Officer
John McManus, Executive Vice President General Counsel, Secretary
Scott Butera, President of Interactive Gaming
John Esq, Chief Secretary
Chris Kelley, President and Chief Operating officers of the Ohioresort
Jyoti Chopra, Inclusion People
Robert Selwood, Executive Vice President, Chief Accounting Officer
Corey Sanders, Chief Financial Officer, Chief Operating Officer, Treasurer
Mary Jammet, Independent Director
Phyllis James, Executive Vice President Special Counsel - Litigation and Chief Diversity Officer
Roland Hernandez, Lead Independent Director
John Kilroy, Independent Director
Todd Meinert, Principal Accounting Officer
Jeff Mochal, Senior Vice President of Corporate Communications
Catherine Park, Ex Relations

MGM Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MGM Resorts a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether MGM Resorts International is a strong investment it is important to analyze MGM Resorts' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGM Resorts' future performance. For an informed investment choice regarding MGM Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGM Resorts International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the MGM Resorts International information on this page should be used as a complementary analysis to other MGM Resorts' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running MGM Resorts' price analysis, check to measure MGM Resorts' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGM Resorts is operating at the current time. Most of MGM Resorts' value examination focuses on studying past and present price action to predict the probability of MGM Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM Resorts' price. Additionally, you may evaluate how the addition of MGM Resorts to your portfolios can decrease your overall portfolio volatility.
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Is MGM Resorts' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGM Resorts. If investors know MGM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGM Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.342
Earnings Share
3.19
Revenue Per Share
45.414
Quarterly Revenue Growth
0.219
Return On Assets
0.0225
The market value of MGM Resorts International is measured differently than its book value, which is the value of MGM that is recorded on the company's balance sheet. Investors also form their own opinion of MGM Resorts' value that differs from its market value or its book value, called intrinsic value, which is MGM Resorts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGM Resorts' market value can be influenced by many factors that don't directly affect MGM Resorts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGM Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGM Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGM Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.