Mgm Resorts International Stock Performance
| MGM Stock | USD 42.71 0.14 0.33% |
The company secures a Beta (Market Risk) of 1.15, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MGM Resorts will likely underperform. MGM Resorts International has an expected return of -0.0131%. Please make sure to verify MGM Resorts International maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if MGM Resorts International performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days MGM Resorts International has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical and fundamental indicators, MGM Resorts is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (0.56) | Five Day Return 1.19 | Year To Date Return (6.31) | Ten Year Return 73.56 | All Time Return 1.4 K |
Last Split Factor 2:1 | Dividend Date 2022-12-15 | Ex Dividend Date 2022-12-08 | Last Split Date 2005-05-19 |
1 | PLAYSTUDIOS, Inc. Announces Fourth Quarter Results | 03/11/2024 |
2 | Marriott Bonvoy and BetMGM Unlock a New World of Play, Earn, Stay with New Rewards Connection | 03/18/2024 |
3 | MGM Resorts to offer 750M in senior notes due 2032 | 03/25/2024 |
4 | Acquisition by Mckinney-james Rose of tradable shares of MGM Resorts subject to Rule 16b-3 | 03/28/2024 |
5 | Want Better Returns Dont Ignore These 2 Consumer Discretionary Stocks Set to Beat Earnings | 04/01/2024 |
6 | MGM Resorts target trimmed by Jefferies on Las Vegas outlook | 04/02/2024 |
7 | DraftKings and MGM Find New Gaming Frontier in Brazil | 04/03/2024 |
8 | RCL, CCL, MGM Which Leisure Stock Is the Best Buy | 04/05/2024 |
9 | MGM Resorts International Announces Closing of Offering of 750,000,000 Senior Notes due 2032 | 04/09/2024 |
10 | NCAA womens basketball tournament smashes betting and viewership records | 04/10/2024 |
11 | Seaport Global sets MGM Resorts stock to buy rating | 04/15/2024 |
12 | Las Vegas Sands Loss Could Be MGM and Wynns Gain | 04/19/2024 |
13 | Mohawks Q1 Earnings Likely to Decline Factors to Note | 04/23/2024 |
| Begin Period Cash Flow | 5.9 B |
MGM |
MGM Resorts Relative Risk vs. Return Landscape
If you would invest 4,362 in MGM Resorts International on January 25, 2024 and sell it today you would lose (77.00) from holding MGM Resorts International or give up 1.77% of portfolio value over 90 days. MGM Resorts International is generating negative expected returns assuming volatility of 1.7478% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than MGM, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
MGM Resorts Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MGM Resorts' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MGM Resorts International, and traders can use it to determine the average amount a MGM Resorts' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0075
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| Negative Returns | MGM |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MGM Resorts is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MGM Resorts by adding MGM Resorts to a well-diversified portfolio.
MGM Resorts Fundamentals Growth
MGM Stock prices reflect investors' perceptions of the future prospects and financial health of MGM Resorts, and MGM Resorts fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MGM Stock performance.
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.0225 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 42.97 B | ||||
| Shares Outstanding | 317.02 M | ||||
| Price To Earning | 11.79 X | ||||
| Price To Book | 3.53 X | ||||
| Price To Sales | 0.84 X | ||||
| Revenue | 16.16 B | ||||
| Gross Profit | 6.47 B | ||||
| EBITDA | 2.4 B | ||||
| Net Income | 1.14 B | ||||
| Cash And Equivalents | 5.91 B | ||||
| Cash Per Share | 13.79 X | ||||
| Total Debt | 31.47 B | ||||
| Debt To Equity | 5.69 % | ||||
| Current Ratio | 1.49 X | ||||
| Book Value Per Share | 11.67 X | ||||
| Cash Flow From Operations | 2.69 B | ||||
| Earnings Per Share | 3.19 X | ||||
| Market Capitalization | 13.58 B | ||||
| Total Asset | 42.37 B | ||||
| Retained Earnings | 3.66 B | ||||
| Working Capital | 1.78 B | ||||
| Current Asset | 2.41 B | ||||
| Current Liabilities | 2.24 B | ||||
About MGM Resorts Performance
To evaluate MGM Resorts International Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when MGM Resorts generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare MGM Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand MGM Resorts International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents MGM's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 5.52 | 11.01 | |
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.04 | 0.05 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.30 | 0.31 |
Things to note about MGM Resorts International performance evaluation
Checking the ongoing alerts about MGM Resorts for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MGM Resorts International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MGM Resorts generated a negative expected return over the last 90 days | |
| MGM Resorts is unlikely to experience financial distress in the next 2 years | |
| About 69.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Mohawks Q1 Earnings Likely to Decline Factors to Note |
- Analyzing MGM Resorts' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MGM Resorts' stock is overvalued or undervalued compared to its peers.
- Examining MGM Resorts' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MGM Resorts' management team can have a significant impact on its success or failure. Reviewing the track record and experience of MGM Resorts' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MGM Resorts' stock. These opinions can provide insight into MGM Resorts' potential for growth and whether the stock is currently undervalued or overvalued.
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.