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Last $340.20 MXN
Change Today +0.40 / 0.12%
Volume 1.2K
MGM* On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 4:09 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

mgm resorts international (MGM*) Snapshot

Open
$340.50
Previous Close
$339.80
Day High
$340.50
Day Low
$340.20
52 Week High
07/30/14 - $360.00
52 Week Low
12/17/14 - $258.58
Market Cap
167.2B
Average Volume 10 Days
61.2K
EPS TTM
--
Shares Outstanding
491.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MGM RESORTS INTERNATIONAL (MGM*)

mgm resorts international (MGM*) Details

MGM Resorts International, through its subsidiaries, owns and/or operates casino resorts. It operates through two segments, Wholly Owned Domestic Resorts and MGM China. The company’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations include slots, table games, and race and sports book wagering. The company operates 15 wholly owned resorts in the United States; and the MGM Macau resort and casino in China, as well as develops a gaming resort in Cotai, Macau. It also owns Shadow Creek golf course, Primm Valley golf club, and Fallen Oak golf course. The company serves premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. It was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June, 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.

52,100 Employees
Last Reported Date: 03/2/15
Founded in 1986

mgm resorts international (MGM*) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $2.0M
President
Total Annual Compensation: $1.3M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $857.5K
Chief Operating Officer
Total Annual Compensation: $1.1M
Chief Design & Construction Officer and Direc...
Total Annual Compensation: $1.7M
Compensation as of Fiscal Year 2014.

mgm resorts international (MGM*) Key Developments

MGM Resorts Seeks Acquisitions

MGM Resorts International (NYSE:MGM) is looking for acquisitions. MGM Resorts has retained Evercore Group L.L.C. as an independent advisor to MGM and its Board of Directors. They will continue to actively evaluate strategic options for the Company that drive sustainable value for shareholders.

MGM Resorts International Introduces the Compressed Natural Gas (CNG) Cadillac XTS Limousines

MGM Resorts International have introduced the compressed natural gas (CNG) Cadillac XTS limousines. The 22-foot-long luxury vehicles are the third generation of CNG-fueled limousines and vehicles in the MGM Resorts fleet. The Cadillac XTS limousines are 70 inches longer than traditional limos, giving them the designation of "stretch" limos. They are the first XTS limousines certified by Cadillac and the first-ever Cadillac XTS vehicles to be converted to CNG. The new limousines produce only one-ninth of the emissions when compared to their predecessors, the discontinued gasoline-powered Lincoln Town Car limousines. ARIA was the first resort in the company to introduce the luxury vehicle to its fleet. MGM Resorts currently has 31 CNG Cadillac XTS limousines servicing guests at ARIA, Bellagio Resort & Casino, MGM Grand Las Vegas and Mandalay Bay Resort & Casino. The new Cadillac XTS limousines have been specifically converted to enhance the guest experience and provide superior comfort while maintaining a responsibility to the environment. Each luxury vehicle includes custom leather interior. Additionally, each element – from door seals to systems – has been hand-selected to create the ultimate guest experience. The new Cadillac XTS limousines will join a family of other CNG vehicles in MGM Resorts' luxury transportation portfolio. CityCenter introduced the world's first full fleet of CNG-powered limos when it opened in 2009 based on the Lincoln Town Car limousine.

MGM Resorts International Breaks Ground on MGM Springfield

MGM Resorts International has broken ground on MGM Springfield, an approximately $800 million casino resort slated to open in fall 2017 in Downtown Springfield. The event marked the start of the construction phase of this unique urban mixed-use development, the Commonwealth's first destination casino resort. MGM Springfield will bring 3,000 permanent jobs and 2,000 construction jobs to Downtown Springfield. MGM has established a hiring goal of 35% of the workforce from the City of Springfield and 90 from a combination of Springfield and the region.

 

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MGM*:MM $340.20 MXN +0.40

MGM* Competitors

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Company Last Change
Accor SA €49.97 EUR -0.185
Host Hotels & Resorts Inc $20.69 USD +0.01
Starwood Hotels & Resorts Worldwide Inc $83.13 USD -0.21
Wyndham Worldwide Corp $91.33 USD +0.56
Wynn Resorts Ltd $130.09 USD +2.01
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Industry Analysis

MGM*

Industry Average

Valuation MGM* Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.1x
Price/Book 2.6x
Price/Cash Flow 16.2x
TEV/Sales NM Not Meaningful
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