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MGM Resorts International (MGM)

(Delayed Data from NYSE)

$41.09 USD

41.09
4,681,522

-1.09 (-2.58%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $41.16 +0.07 (0.17%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth D Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 21% (200 out of 252)

Industry: Gaming

Better trading starts here.

Balance Sheet

Research for MGM

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for MGM Resorts International falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2,928 5,912 5,203 5,102 2,330
Receivables 1,071 925 858 560 1,375
Notes Receivable 0 0 0 0 0
Inventories 142 126 96 88 103
Other Current Assets 771 1,192 259 201 200
Total Current Assets 4,911 8,155 6,416 5,951 4,008
Net Property & Equipment 5,450 5,224 14,435 14,632 18,286
Investments & Advances 241 173 967 1,447 822
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 6,890 6,581 7,097 5,735 5,911
Deposits & Other Assets 850 1,029 490 443 457
Total Assets 42,369 45,692 40,899 36,495 33,876
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 462 370 263 143 235
Current Portion Long-Term Debt 0 1,286 1,000 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 2,664 2,320 2,179 1,714 2,221
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 540 0 0 735
Total Current Liabilities 3,126 4,516 3,442 1,857 3,191
Mortgages 0 0 0 0 0
Deferred Taxes/Income 2,861 2,969 2,439 2,153 2,107
Convertible Debt 0 0 0 0 0
Long-Term Debt 6,344 7,433 11,771 12,377 11,169
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 543 256 320 472 364
Minority Interest (Liabilities) 33 158 148 67 105
Total Liabilities 38,034 40,482 29,922 25,315 21,213
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 3 4 5 5 5
Capital Surplus 0 0 1,750 3,439 3,531
Retained Earnings 3,664 4,794 4,341 3,091 4,201
Other Equity 667 412 4,882 4,645 4,925
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 4,334 5,210 10,977 11,180 12,663
Total Liabilities & Shareholder's Equity 42,369 45,692 40,899 36,495 33,876
Total Common Equity 4,334 5,210 10,977 11,180 12,663
Shares Outstanding 341.50 384.00 468.90 493.90 521.40
Book Value Per Share 12.69 13.57 23.41 22.64 24.29

Fiscal Year End for MGM Resorts International falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2,928 3,316 3,843 4,505
Receivables NA 1,071 972 833 755
Notes Receivable NA 0 0 0 0
Inventories NA 142 136 131 129
Other Current Assets NA 771 835 809 842
Total Current Assets NA 4,911 5,259 5,617 6,231
Net Property & Equipment NA 5,450 5,257 5,233 5,141
Investments & Advances NA 241 232 157 154
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 6,890 6,876 6,763 6,781
Deposits & Other Assets NA 850 798 858 832
Total Assets NA 42,369 42,572 42,906 43,542
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 462 413 359 347
Current Portion Long-Term Debt NA 0 0 35 36
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 2,664 2,549 2,355 2,395
Income Taxes Payable NA 0 0 0 66
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 3,126 2,962 2,749 2,844
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 2,861 2,991 3,007 3,009
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 6,344 6,506 6,674 6,841
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 523 494 471
Minority Interest (Liabilities) NA 33 33 10 10
Total Liabilities NA 38,034 38,144 38,070 38,320
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 3 3 4 4
Capital Surplus NA 0 0 0 0
Retained Earnings NA 3,664 3,963 4,383 4,799
Other Equity NA 667 462 449 419
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 4,334 4,429 4,835 5,222
Total Liabilities & Shareholder's Equity NA 42,369 42,572 42,906 43,542
Total Common Equity 0 4,334 4,429 4,835 5,222
Shares Outstanding 317.00 341.50 350.80 363.80 363.80
Book Value Per Share 0.00 12.69 12.62 13.29 14.35