|Bid||27.43 x 4000|
|Ask||27.44 x 800|
|Day's Range||27.17 - 27.56|
|52 Week Range||21.62 - 36.73|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||33.96|
|Earnings Date||Apr 29, 2019|
|Forward Dividend & Yield||0.52 (2.03%)|
|1y Target Est||33.79|
LAS VEGAS, April 18, 2019 /PRNewswire/ -- MGM Resorts International (MGM) was ranked No. 18 on Forbes' list of 500 America's Best Large Employers for 2019. Forbes, in partnership with the research firm Statista, compiled the annual list by independently surveying more than 50,000 employees across 25 industries. This year MGM Resorts led the Travel & Leisure Industry with its ranking.
Las Vegas Sands' (LVS) top-line growth in first-quarter 2019 can be primarily attributed to increased revenues at casino, rooms and mall. Also, it generated solid revenues from Macao operations.
Las Vegas Sands earnings and revenue topped Q1 estimates. Las Vegas Sands stock rose late, along with other Macau-focused gaming stocks.
MGM (MGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Thousands of visitors flock to National Harbor each day, transforming the development into one of the most bustling areas across Greater Washington — but all of that foot traffic has also allegedly attracted the worst kind of attention. Federal prosecutors revealed earlier this week that they’d arrested a Maryland man who they believe was planning to plow a rented van into crowds at National Harbor. Officials said the man was inspired by similar terror attacks across the country, and chose the Prince George’s County development after initially spending time scouting Washington Dulles International Airport.
LAS VEGAS, April 10, 2019 /PRNewswire/ -- MGM Resorts International (the "Company") (MGM) today announced that it has completed its previously announced issuance (the "Offering") of $1.0 billion in aggregate principal amount of 5.500% senior notes due 2027 (the "2027 Notes"), which were issued at par. The Company intends to use the net proceeds from the offering of the 2027 Notes, together with other sources of funds, which may include cash on hand or borrowings under its revolving credit facility, to fund the purchase of up to $1.0 billion aggregate principal amount of its outstanding 6.750% senior notes due 2020 (the "6.750% Notes") and 5.250% senior notes due 2020 (the "5.250% Notes" and, together with the 6.750% Notes, the "2020 Notes") through the Company's previously announced cash tender offers (the "Tender Offers").
NEW YORK (AP) — While shoppers are getting everything from morning coffee to complete work wardrobes delivered to their homes, some businesses are working with ride-hailing company Uber to entice customers through their doors.
MGM Resorts International NYSE:MGMView full report here! Summary * Perception of the company's creditworthiness is positive and improving * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for MGM with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding MGM is favorable, with net inflows of $25.22 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a strengthening bias over the past 1-month. MGM credit default swap spreads are decreasing and near the lowest level of the last one year, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
LAS VEGAS , April 9, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the first quarter 2019 after the market closes on Monday, April 29, 2019 . MGM Resorts ...
The sport offers advantages that make it easier for gamblers to beat the house, a gaming scholar says.
rose on Monday after the casino and resort operator received an upgrade and 12-month price target lift from Jefferies. Shares of Wynn gained nearly 3%, rising $3.76 to $44.63 on the Nasdaq Stock Market, after Jefferies analyst David Katz upgraded the company's stock to a buy from a hold, and raised his one-year price target on the stock to $170 from $119.
Macau witnesses a decline in Gross Gaming Revenue (GGR) in March. However, so far this year, the region reports highest revenues in the same month.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Based on MGM Resorts International's (NYSE:MGM) earnings update in December 2018...
LAS VEGAS, April 4, 2019 /PRNewswire/ -- MGM Resorts International (MGM) is proud to announce that it received a perfect score of 100 on the 2019 Corporate Equality Index (CEI), the nation's premier benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality, administered by the Human Rights Campaign (HRC) Foundation. MGM Resorts joins the ranks of over 560 major U.S. businesses that also earned top marks this year. The Human Rights Campaign Foundation is the educational arm of America's largest civil rights organization working to achieve equality for lesbian, gay, bisexual transgender and queer people. "The top-scoring companies on this year's CEI are not only establishing policies that affirm and include employees here in the United States, they are applying these policies to their global operations and impacting millions of people beyond our shores," said HRC President Chad Griffin.
Las Vegas-based gaming and hospitality giant MGM Resorts International is looking to Silicon Valley to transform its business with its latest executive hire. The company on Wednesday announced it has appointed Atif Rafiq into a new role as president of commercial and growth, reporting directly to CEO Jim Murren. His tenure begins in May. Rafiq, […] The post MGM Resorts’ New Exec Hire Signals a Transformation to an Experience Platform appeared first on Skift.
LAS VEGAS, April 3, 2019 /PRNewswire/ -- MGM Resorts International (MGM) ("MGM Resorts" or the "Company") today announced the appointment of highly respected leader in digital business and companywide transformation, Atif Rafiq, as President of Commercial and Growth, reporting directly to Chairman and CEO Jim Murren. Rafiq has extensive experience in rethinking and transforming global organizations, reshaping consumer behavior and delivering significant, measurable, new sources of profitability for companies.
MGM Growth — the owner of MGM Resorts properties — is just clearing a buy point as dividend stocks known as REITs outperform the general market.
LAS VEGAS, April 2, 2019 /PRNewswire/ -- When crowds of noisy fans enter a sports arena or concert hall, many expect – or even hope for – some sort of sensory overload. It is a challenge MGM Resorts is working to address at an unprecedented scale.