MGP - MGM Growth Properties LLC

NYSE - NYSE Delayed Price. Currency in USD
31.67
+0.08 (+0.25%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous Close31.59
Open31.60
Bid31.67 x 800
Ask31.68 x 800
Day's Range31.50 - 31.76
52 Week Range25.50 - 33.30
Volume347,096
Avg. Volume722,096
Market Cap9.489B
Beta (3Y Monthly)0.52
PE Ratio (TTM)33.02
EPS (TTM)0.96
Earnings DateAug 5, 2019 - Aug 9, 2019
Forward Dividend & Yield1.78 (5.52%)
Ex-Dividend Date2019-03-28
1y Target Est34.88
  • How Should Investors React To MGM Growth Properties LLC's (NYSE:MGP) CEO Pay?
    Simply Wall St.17 days ago

    How Should Investors React To MGM Growth Properties LLC's (NYSE:MGP) CEO Pay?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In 2016 James Stewart was appointed CEO of MGM Growth Properties LLC (NYSE:MGP). First, th...

  • Markit18 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 $104 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.

  • Thomson Reuters StreetEvents19 days ago

    Edited Transcript of MGP earnings conference call or presentation 30-Apr-19 4:30pm GMT

    Q1 2019 MGM Growth Properties LLC Earnings Call

  • MGM Growth Properties LLC (MGP) Q1 2019 Earnings Call Transcript
    Motley Fool25 days ago

    MGM Growth Properties LLC (MGP) Q1 2019 Earnings Call Transcript

    MGP earnings call for the period ending March 31, 2019.

  • Moody's25 days ago

    MGM China Holdings Limited -- Moody's assigns a Ba3 to MGM Resorts proposed unsecured notes issued by MGM China sub

    Moody's Investors Service ("Moody's") today assigned a Ba3 rating to the proposed senior unsecured notes to be issued by MGM China Holdings Limited, a 55.95% owned discretely financed publicly traded subsidiary of MGM Resorts International. MGM China owns and operates two resort casinos in Macau, China that account for approximately 20% of MGM Resorts consolidated EBITDA.

  • Associated Press25 days ago

    MGM Growth: 1Q Earnings Snapshot

    LAS VEGAS (AP) _ MGM Growth Properties LLC (MGP) on Tuesday reported a key measure of profitability in its first quarter. The results did not meet Wall Street expectations. The Las Vegas-based real estate investment trust said it had funds from operations of $163.8 million, or 57 cents per share, in the period.

  • PR Newswire25 days ago

    MGM Growth Properties Reports First Quarter Financial Results

    LAS VEGAS , April 30, 2019 /PRNewswire/ -- MGM Growth Properties LLC ("MGP" or the "Company") (NYSE: MGP) today reported financial results for the quarter ended March 31, 2019 for its ...

  • The Zacks Analyst Blog Highlights: MGM, Plymouth and Cousins
    Zacks26 days ago

    The Zacks Analyst Blog Highlights: MGM, Plymouth and Cousins

    The Zacks Analyst Blog Highlights: MGM, Plymouth and Cousins

  • 3 Great REITs to Buy Right Now
    Zacks29 days ago

    3 Great REITs to Buy Right Now

    The strongest REITs are going to be those with improving outlooks and great Zacks Ranks. So, let's check out the REITs that our model says are impressive options right now...

  • MoneyShow29 days ago

    MGM Growth- Las Vegas to Macau

    A few years ago, the casino chain MGM Resorts International (MGM) was in a sticky situation. It had expanded very quickly and had a ton of debt on its balance sheet, observes growth and income expert Brit Ryle, editor of The Wealth Advisory.

  • Thomson Reuters StreetEventslast month

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

    Q4 2018 MGM Growth Properties LLC Earnings Call

  • Do Hedge Funds Love MGM Growth Properties LLC (MGP)?
    Insider Monkeylast month

    Do Hedge Funds Love MGM Growth Properties LLC (MGP)?

    Insider Monkey has processed numerous 13F filings of hedge funds and famous investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and investors' positions as of the end of the fourth quarter. You can find write-ups about an individual hedge fund's trades on numerous financial news websites. […]

  • PR Newswire2 months 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
    Zacks2 months 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
    Motley Fool2 months ago

    4 Rock-Solid High-Yield Dividend Stocks

    Big dividends with rock-solid businesses behind them.

  • IBD 50 Stocks To Watch: A Leader Among Growth And Dividend Stocks
    Investor's Business Daily2 months 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 Newswire2 months 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's2 months 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).

  • MoneyShow2 months ago

    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 Newswire2 months ago

    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 ...

  • Why This Casino REIT Thinks It's Best in Class
    Motley Fool2 months ago

    Why This Casino REIT Thinks It's Best in Class

    Are casino REITs a good investment? There are some big governance and growth issues you need to think about first. Here's one casino REIT that stands out.

  • PR Newswire3 months ago

    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.