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

0

 
Selling
 
Buying

Latest Trades

2024-03-12Keith A MeisterDisposed 325000 @ 42.9View
2023-12-14John McmanusDisposed 10000 @ 45View
2023-12-12John McmanusDisposed 10000 @ 43.45View
2023-08-10John McmanusDisposed 10000 @ 46.59View
2023-08-07John McmanusDisposed 10000 @ 45.22View
2023-06-13Keith A MeisterDisposed 250000 @ 43.79View
2023-06-07John McmanusDisposed 10000 @ 41.31View
2023-05-22Alexis HermanDisposed 2350 @ 42.63View
2023-04-03Corey Ian SandersDisposed 50000 @ 44.42View
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.
  
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.

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.
 
Housing Crash
 
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Covid

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.
2023-01-04Senator Thomas R. CarperAcquired Under $15KVerify
2021-09-17Representative Thomas SuozziDisposed $15K to $50KVerify
2020-04-02Representative Dean PhillipsAcquired Under $15KVerify
2020-03-18Representative Gilbert CisnerosAcquired Under $15KVerify

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 ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.30.4205
Way Down
Slightly volatile

MGM Resorts International Benchmark Summation

Operator
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 IVCEO PresidentProfile
William HornbucklePresident, Chief Executive Officer, DirectorProfile
Paul SalemIndependent Chairman of the BoardProfile
James MurrenChairman of the Board, Chief Executive OfficerProfile
Aaron FischerSenior Vice President - Corporate DevelopmentProfile
Sean ChristiePresident - Events and NightlifeProfile
George KliavkoffPresident - Entertainment and SportsProfile
Steve ZanellaPresident and COO of City CenterProfile
Daniel ArrigoCFO, Executive Vice PresidentProfile
Atif RafiqPresident of Commercial and GrowthProfile
Gary FritzPresident InteractiveProfile
John McManusExecutive Vice President General Counsel, SecretaryProfile
Scott ButeraPresident of Interactive GamingProfile
Chris KelleyPresident and Chief Operating officers of the OhioresortProfile
Robert SelwoodExecutive Vice President, Chief Accounting OfficerProfile
Phyllis JamesExecutive Vice President Special Counsel - Litigation and Chief Diversity OfficerProfile
Jonathan HalkyardChief Financial Officer, TreasurerProfile
Daniel DArrigoCFO, Executive VP and TreasurerProfile
Corey SandersChief Financial Officer, Chief Operating Officer, TreasurerProfile
Alexis HermanIndependent DirectorProfile
Janet SwartzIndependent DirectorProfile
Jan SwartzIndependent DirectorProfile
William GroundsDirectorProfile
Robert BaldwinChief Design and Construction Officer and DirectorProfile
Joey LevinIndependent DirectorProfile
Keith MeisterIndependent DirectorProfile
Burton CohenIndependent DirectorProfile
Gregory SpierkelIndependent DirectorProfile
Mary GayIndependent DirectorProfile
William BibleIndependent DirectorProfile
Barry DillerIndependent DirectorProfile
Anthony MandekicIndependent DirectorProfile
Daniel TaylorIndependent DirectorProfile
Rose McKinneyJamesIndependent DirectorProfile
Roland HernandezLead Independent DirectorProfile
John KilroyIndependent DirectorProfile
Tilak MandadiChief Strategy, Innovation and Technology OfficerProfile
Jennifer MichaelsSenior RelationsProfile
Alan FeldmanExec AffairsProfile
Andrew ChapmanDirector RelationsProfile
John EsqChief SecretaryProfile
Jyoti ChopraInclusion PeopleProfile
Mary JammetIndependent DirectorProfile
Todd MeinertPrincipal Accounting OfficerProfile
Jeff MochalSenior Vice President of Corporate CommunicationsProfile
Catherine ParkEx RelationsProfile

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 ReportedProjected 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 Employee278.7K
Revenue Per Executive351.4M
Net Income Per Employee19.7K
Net Income Per Executive24.8M
Working Capital Per Employee30.8K
Working Capital Per Executive38.8M
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 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.