MGP - MGM Growth Properties LLC

NYSE - NYSE Delayed Price. Currency in USD
32.42
+0.09 (+0.28%)
At close: 4:02PM EDT
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Previous Close32.33
Open32.59
Bid32.41 x 800
Ask32.42 x 800
Day's Range32.30 - 32.78
52 Week Range25.50 - 33.30
Volume556,527
Avg. Volume925,706
Market Cap9.259B
Beta (3Y Monthly)0.54
PE Ratio (TTM)34.49
EPS (TTM)0.94
Earnings DateApr 30, 2019
Forward Dividend & Yield1.78 (5.82%)
Ex-Dividend Date2019-03-28
1y Target Est33.58
Trade prices are not sourced from all markets
  • Markit10 days ago

    See what the IHS Markit Score report has to say about MGM Growth Properties LLC.

    MGM Growth Properties LLC NYSE:MGPView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for MGP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MGP. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MGP totaled $194 million. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.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.

  • PR Newswire10 days ago

    MGM Growth Properties LLC Announces First Quarter 2019 Earnings Release Date

    LAS VEGAS , April 9, 2019 /PRNewswire/ -- MGM Growth Properties LLC (NYSE: MGP) will release its financial results for the first quarter 2019 before the market opens on Tuesday, April 30, 2019 . MGP will ...

  • Gambling Stock Roundup: Macau Gaming Revenues Dip, LVS to Expand in Singapore
    Zacks11 days ago

    Gambling Stock Roundup: Macau Gaming Revenues Dip, LVS to Expand in Singapore

    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.

  • 4 Rock-Solid High-Yield Dividend Stocks
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    4 Rock-Solid High-Yield Dividend Stocks

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  • IBD 50 Stocks To Watch: A Leader Among Growth And Dividend Stocks
    Investor's Business Daily17 days ago

    IBD 50 Stocks To Watch: A Leader Among Growth And Dividend Stocks

    MGM Growth — the owner of MGM Resorts properties — is just clearing a buy point as dividend stocks known as REITs outperform the general market.

  • PR Newswire18 days ago

    MGM Resorts International And MGM Growth Properties Complete Transaction For MGM Northfield Park

    LAS VEGAS , April 1, 2019 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) and MGM Growth Properties LLC ("MGP") (NYSE: MGP) announced today that they have completed ...

  • Moody's23 days ago

    MGM Resorts International -- Moody's assigns Ba3 to MGM Resorts' $500 million sr unsecured note offering

    Moody's Investors Service ("Moody's") assigned a Ba3 rating to MGM Resorts International's ("MGM") proposed $500 million senior unsecured notes due 2027. The net note proceeds, together with other sources of funds, which may include cash on hand or borrowings under its revolving credit facility, will be used to redeem up to $500 million aggregate principal amount of MGM's outstanding 5.25% senior notes due 2020 and 6.75% senior notes due 2020 through cash tender offers. MGM is constrained by its concentration in Las Vegas (approximately 61% of consolidated 2018 EBITDA), exposure to the Macau gaming market that is experiencing volatility, and the ramp-up risk associated with recent resort developments - MGM Cotai (opened in Q1 2018) and MGM Springfield (opened in August 2018) and the redeveloped Park MGM (completed in December 2018).

  • MoneyShowlast month

    Check into these Hotel-Related REITs

    For the REIT sector, an improving economy typically means rising commercial property values and the potential to increase rental rates, suggests Tim Plaehn, income expert and editor of The Dividend Hunter.

  • PR Newswirelast month

    MGM Growth Properties Increases Quarterly Dividend To An Annualized Rate Of $1.86 Per Share

    LAS VEGAS , March 15, 2019 /PRNewswire/ -- MGM Growth Properties LLC ("MGP") (NYSE:MGP) today announced that its board of directors declared a quarterly cash dividend of $0.465 per Class A common ...

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  • PR Newswirelast month

    MGM Growth Properties And MGM Resorts International Complete Transaction For Park MGM And NoMad Las Vegas Improvements And Amend Terms Of Northfield Park Transaction

    LAS VEGAS, March 7, 2019 /PRNewswire/ -- MGM Growth Properties LLC ("MGP") (MGP) and MGM Resorts International ("MGM Resorts") (MGM) announced today that they have completed the previously announced transaction relating to the investments made to reposition Park MGM and NoMad Las Vegas for total consideration of $637.5 million.  MGP and MGM Resorts agreed that 5% of the consideration, approximately $31.9 million, would be paid through the issuance of operating partnership units to MGM Resorts and the remaining $605.6 million would be paid in cash. As part of the transaction, the annual rent under the existing Master Lease between MGP and MGM Resorts was increased by $50 million.  Consistent with the Master Lease terms, 90 percent of the increased rent will be contractually fixed to grow at two percent per year until 2022, and thereafter will continue to grow provided a tenant revenue-to-rent ratio is met.  The remaining 10 percent is payable in percentage rent.

  • GlobeNewswire2 months ago

    Factors of Influence in 2019, Key Indicators and Opportunity within Edison International, Host Hotels & Resorts, Mondelez International, CACI International, MGM Growth Properties, and Chemed — New Research Emphasizes Economic Growth

    NEW YORK, March 04, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • GuruFocus.com2 months ago

    MGM Growth Properties LLC (MGP) Files 10-K for the Fiscal Year Ended on December 31, 2018

    MGM Growth Properties LLC is a REIT engaged in owning, acquiring and leasing casino resort properties, which include casino gaming, hotel, convention, dining, entertainment, retail and mixed-use facilities, and other resort amenities. The dividend yield of MGM Growth Properties LLC stocks is 5.68%. Warning! GuruFocus has detected 5 Warning Sign with MGP.

  • MGM Growth Properties LLC (NYSE:MGP): Are Analysts Bullish?
    Simply Wall St.2 months ago

    MGM Growth Properties LLC (NYSE:MGP): Are Analysts Bullish?

    The latest earnings update MGM Growth Properties LLC (NYSE:MGP) released in December 2018 showed that the business benefited from a large tailwind, eventuating to a high double-digit earnings growth ofRead More...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of MGP earnings conference call or presentation 14-Feb-19 5:30pm GMT

    Q4 2018 MGM Growth Properties LLC Earnings Call

  • MGM Growth Properties LLC (MGP) Q4 2018 Earnings Conference Call Transcript
    Motley Fool2 months ago

    MGM Growth Properties LLC (MGP) Q4 2018 Earnings Conference Call Transcript

    MGP earnings call for the period ending December 31, 2018.

  • MGM Growth Properties (MGP) Q4 FFO and Revenues Lag Estimates
    Zacks2 months ago

    MGM Growth Properties (MGP) Q4 FFO and Revenues Lag Estimates

    MGM Growth (MGP) delivered FFO and revenue surprises of -3.39% and -0.17%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?

  • MGP or HIFR: Which Is the Better Value Stock Right Now?
    Zacks2 months ago

    MGP or HIFR: Which Is the Better Value Stock Right Now?

    MGP vs. HIFR: Which Stock Is the Better Value Option?

  • Associated Press2 months ago

    MGM Growth: 4Q Earnings Snapshot

    LAS VEGAS (AP) _ MGM Growth Properties LLC (MGP) on Thursday reported a key measure of profitability in its fourth quarter. The results fell short of Wall Street expectations. The real estate investment trust, based in Las Vegas, said it had funds from operations of $152.4 million, or 57 cents per share, in the period.

  • PR Newswire2 months ago

    MGM Growth Properties Reports Fourth Quarter And Full Year Financial Results

    LAS VEGAS , Feb. 14, 2019 /PRNewswire/ -- MGM Growth Properties LLC ("MGP" or the "Company") (NYSE: MGP) today reported financial results for the quarter and year ended December 31, ...

  • 7 Low Price-to-Sales Stocks to Buy for an Attractive Portfolio
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  • PR Newswire3 months ago

    MGM Growth Properties Announces Closing Of Upsized Public Offering Of Class A Shares And Exercise Of Over-Allotment Option

    LAS VEGAS, Jan. 31, 2019 /PRNewswire/ -- MGM Growth Properties LLC (MGP) (the "Company") today announced that it has closed its previously announced underwritten follow-on public offering of 19,550,000 Class A shares (the "shares"), which includes 2,550,000 shares sold pursuant to the exercise in full by the underwriters of their over-allotment option, at a public offering price of $29.25 per share for expected net proceeds of approximately $548.3 million.  The 17,000,000 Class A shares prior to the exercise of the over-allotment option was increased from the originally announced offering size of 14,500,000 Class A shares. "We are pleased to have achieved another successful follow-on offering," said James Stewart, CEO of MGP.

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    Zacks.com featured expert Kevin Matras highlights: Colfax, MGM Growth Properties, Korea Electric Power, Daqo New Energy and Ready Capital

    Zacks.com featured expert Kevin Matras highlights: Colfax, MGM Growth Properties, Korea Electric Power, Daqo New Energy and Ready Capital