MGM Resorts Company Leadership
MGM Stock | USD 47.21 0.61 1.31% |
MGM Resorts' insiders are aggressively selling. The analysis of insider sentiment suggests that most MGM Resorts International insiders are, at present, panicking. MGM Resorts employs about 58 K people. The company is managed by 46 executives with a total tenure of roughly 323 years, averaging almost 7.0 years of service per executive, having 1260.87 employees per reported executive.
William Hornbuckle CEO President, Chief Executive Officer, Director |
Paul Salem Chairman Independent Chairman of the Board |
MGM Resorts' Insider Buying Vs Selling
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Selling | Buying |
Latest Trades
2024-03-12 | Keith A Meister | Disposed 325000 @ 42.9 | View | ||
2023-12-14 | John Mcmanus | Disposed 10000 @ 45 | View | ||
2023-12-12 | John Mcmanus | Disposed 10000 @ 43.45 | View | ||
2023-08-10 | John Mcmanus | Disposed 10000 @ 46.59 | View | ||
2023-08-07 | John Mcmanus | Disposed 10000 @ 45.22 | View | ||
2023-06-13 | Keith A Meister | Disposed 250000 @ 43.79 | View | ||
2023-06-07 | John Mcmanus | Disposed 10000 @ 41.31 | View | ||
2023-05-22 | Alexis Herman | Disposed 2350 @ 42.63 | View | ||
2023-04-03 | Corey Ian Sanders | Disposed 50000 @ 44.42 | View |
Monitoring MGM Resorts' insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
MGM |
MGM Resorts' Workforce Through the Years
Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with MGM Resorts' future performance. Based on our forecasts, it is anticipated that MGM will maintain a workforce of about 67400 employees by April 2024.MGM Resorts' latest congressional trading
Congressional trading in companies like MGM Resorts International, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in MGM Resorts by those in governmental positions are based on the same information available to the general public.
2023-01-04 | Senator Thomas R. Carper | Acquired Under $15K | Verify | ||
2021-09-17 | Representative Thomas Suozzi | Disposed $15K to $50K | Verify | ||
2020-04-02 | Representative Dean Phillips | Acquired Under $15K | Verify | ||
2020-03-18 | Representative Gilbert Cisneros | Acquired Under $15K | Verify |
MGM Resorts Management Team Effectiveness
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 29th of March 2024, Return On Capital Employed is likely to grow to 0.05. Also, Return On Assets is likely to grow to 0.03. At this time, MGM Resorts' Net Tangible Assets are very stable compared to the past year. As of the 29th of March 2024, Fixed Asset Turnover is likely to grow to 0.61, though Non Currrent Assets Other are likely to grow to (1.9 B).As of the 29th of March 2024, Common Stock Shares Outstanding is likely to grow to about 370.4 M. Also, Net Income Applicable To Common Shares is likely to grow to about 1.8 B
MGM Resorts Workforce Comparison
MGM Resorts International is considered to be number one stock in number of employees category among related companies. The total workforce of Consumer Discretionary industry is now estimated at about 226,398. MGM Resorts totals roughly 58,000 in number of employees claiming about 26% of stocks in Consumer Discretionary industry.
MGM Resorts Profit Margins
The company has Net Profit Margin of 0.07 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.3 | 0.4205 |
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MGM Resorts International Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. MGM Resorts International Price Series Summation is a cross summation of MGM Resorts price series and its benchmark/peer.
MGM Resorts Notable Stakeholders
A MGM Resorts stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as MGM Resorts often face trade-offs trying to please all of them. MGM Resorts' stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting MGM Resorts' stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
William IV | CEO President | Profile | |
William Hornbuckle | President, Chief Executive Officer, Director | Profile | |
Paul Salem | Independent Chairman of the Board | Profile | |
James Murren | Chairman of the Board, Chief Executive Officer | Profile | |
Aaron Fischer | Senior Vice President - Corporate Development | Profile | |
Sean Christie | President - Events and Nightlife | Profile | |
George Kliavkoff | President - Entertainment and Sports | Profile | |
Steve Zanella | President and COO of City Center | Profile | |
Daniel Arrigo | CFO, Executive Vice President | Profile | |
Atif Rafiq | President of Commercial and Growth | Profile | |
Gary Fritz | President Interactive | Profile | |
John McManus | Executive Vice President General Counsel, Secretary | Profile | |
Scott Butera | President of Interactive Gaming | Profile | |
Chris Kelley | President and Chief Operating officers of the Ohioresort | Profile | |
Robert Selwood | Executive Vice President, Chief Accounting Officer | Profile | |
Phyllis James | Executive Vice President Special Counsel - Litigation and Chief Diversity Officer | Profile | |
Jonathan Halkyard | Chief Financial Officer, Treasurer | Profile | |
Daniel DArrigo | CFO, Executive VP and Treasurer | Profile | |
Corey Sanders | Chief Financial Officer, Chief Operating Officer, Treasurer | Profile | |
Alexis Herman | Independent Director | Profile | |
Janet Swartz | Independent Director | Profile | |
Jan Swartz | Independent Director | Profile | |
William Grounds | Director | Profile | |
Robert Baldwin | Chief Design and Construction Officer and Director | Profile | |
Joey Levin | Independent Director | Profile | |
Keith Meister | Independent Director | Profile | |
Burton Cohen | Independent Director | Profile | |
Gregory Spierkel | Independent Director | Profile | |
Mary Gay | Independent Director | Profile | |
William Bible | Independent Director | Profile | |
Barry Diller | Independent Director | Profile | |
Anthony Mandekic | Independent Director | Profile | |
Daniel Taylor | Independent Director | Profile | |
Rose McKinneyJames | Independent Director | Profile | |
Roland Hernandez | Lead Independent Director | Profile | |
John Kilroy | Independent Director | Profile | |
Tilak Mandadi | Chief Strategy, Innovation and Technology Officer | Profile | |
Jennifer Michaels | Senior Relations | Profile | |
Alan Feldman | Exec Affairs | Profile | |
Andrew Chapman | Director Relations | Profile | |
John Esq | Chief Secretary | Profile | |
Jyoti Chopra | Inclusion People | Profile | |
Mary Jammet | Independent Director | Profile | |
Todd Meinert | Principal Accounting Officer | Profile | |
Jeff Mochal | Senior Vice President of Corporate Communications | Profile | |
Catherine Park | Ex Relations | Profile |
About MGM Resorts Management Performance
The success or failure of an entity such as MGM Resorts International often depends on how effective the management is. MGM Resorts management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of MGM management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the MGM management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.04 | 0.05 | |
Return On Assets | 0.03 | 0.03 | |
Return On Equity | 0.30 | 0.31 |
The data published in MGM Resorts' official financial statements usually reflect MGM Resorts' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of MGM Resorts International. For example, before you start analyzing numbers published by MGM accountants, it's critical to develop an understanding of what MGM Resorts' liquidity, profitability, and earnings quality are in the context of the Hotels, Restaurants & Leisure space in which it operates.
Please note, the presentation of MGM Resorts' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MGM Resorts' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in MGM Resorts' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MGM Resorts International. Please utilize our Beneish M Score to check the likelihood of MGM Resorts' management manipulating its earnings.
MGM Resorts Workforce Analysis
Traditionally, organizations such as MGM Resorts use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare MGM Resorts within its industry.MGM Resorts Manpower Efficiency
Return on MGM Resorts Manpower
Revenue Per Employee | 278.7K | |
Revenue Per Executive | 351.4M | |
Net Income Per Employee | 19.7K | |
Net Income Per Executive | 24.8M | |
Working Capital Per Employee | 30.8K | |
Working Capital Per Executive | 38.8M |
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for MGM Stock analysis
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.