RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

MGM Resorts International P/E 2024

MGM Resorts International P/E

19.03

MGM Resorts International Dividend yield

0.02 %

Ticker

MGM

ISIN

US5529531015

WKN

880883

As of May 4, 2024, MGM Resorts International's P/E ratio was 19.03, a 55.22% change from the 12.26 P/E ratio recorded in the previous year.

The MGM Resorts International P/E history

MGM Resorts International Aktienanalyse

What does MGM Resorts International do?

MGM Resorts International is a global company in the entertainment, gaming, and hospitality industry based in the USA. It was founded in 1969 when Metro-Goldwyn-Mayer (MGM), one of the oldest and most famous film studios in Hollywood history, planned to expand into the gambling sector. This led to the creation of MGM Grand, which is now known as MGM Resorts International. MGM Resorts International's business model consists of three main areas: casino operations, hotel management, and entertainment production. The company operates a variety of casinos in the USA, Asia, and Europe, including well-known establishments such as Bellagio, MGM Grand, Mandalay Bay, and Mirage in Las Vegas, as well as MGM Cotai in Macau. In the hotel management sector, MGM Resorts International operates numerous luxury and themed hotels worldwide, including Aria in Las Vegas, the famous Bellagio in Las Vegas, and Monte Carlo in Monaco. The company's entertainment production division produces shows, concerts, and other entertainment events in its properties and also operates the renowned T-Mobile Arena in Las Vegas. MGM Resorts International offers its customers a variety of products and services, including high-quality hotel rooms, various food and drink options, slot machines, live dealer games, and other entertainment choices. Special highlights include VIP suites and services, which aim to provide guests with an exclusive gaming experience. In addition, the company offers special packages, such as wedding packages. Alongside its various divisions and products, MGM Resorts International places great importance on sustainability and social responsibility. The company has implemented a sustainability program focusing on environmentally friendly measures, such as reducing water and energy consumption and plastic waste. It also engages in various social projects, including support for nonprofit organizations and the promotion of educational programs and initiatives. Overall, MGM Resorts International is a global company with a wide range of divisions, products, and services. It has received numerous awards in the past and is known for its high-quality offerings and focus on sustainability and social responsibility. MGM Resorts International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering MGM Resorts International's P/E Ratio

The Price to Earnings (P/E) Ratio of MGM Resorts International is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing MGM Resorts International's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of MGM Resorts International is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in MGM Resorts International’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about MGM Resorts International Stock

What is the price-to-earnings ratio of MGM Resorts International?

The price-earnings ratio of MGM Resorts International is currently 19.03.

How has the price-earnings ratio of MGM Resorts International changed compared to last year?

The price-to-earnings ratio of MGM Resorts International has increased by 55.22% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of MGM Resorts International high compared to other companies?

Yes, the price-to-earnings ratio of MGM Resorts International is high compared to other companies.

How does an increase in the price-earnings ratio of MGM Resorts International affect the company?

An increase in the price-earnings ratio of MGM Resorts International would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of MGM Resorts International affect the company?

A decrease in the price-earnings ratio of MGM Resorts International would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of MGM Resorts International?

Some factors that influence the price-earnings ratio of MGM Resorts International are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does MGM Resorts International pay?

Over the past 12 months, MGM Resorts International paid a dividend of 0.01 USD . This corresponds to a dividend yield of about 0.02 %. For the coming 12 months, MGM Resorts International is expected to pay a dividend of 0 USD.

What is the dividend yield of MGM Resorts International?

The current dividend yield of MGM Resorts International is 0.02 %.

When does MGM Resorts International pay dividends?

MGM Resorts International pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of MGM Resorts International?

MGM Resorts International paid dividends every year for the past 7 years.

What is the dividend of MGM Resorts International?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is MGM Resorts International located?

MGM Resorts International is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von MGM Resorts International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of MGM Resorts International from 12/15/2022 amounting to 0.003 USD, you needed to have the stock in your portfolio before the ex-date on 12/8/2022.

When did MGM Resorts International pay the last dividend?

The last dividend was paid out on 12/15/2022.

What was the dividend of MGM Resorts International in the year 2023?

In the year 2023, MGM Resorts International distributed 0.01 USD as dividends.

In which currency does MGM Resorts International pay out the dividend?

The dividends of MGM Resorts International are distributed in USD.

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Andere Kennzahlen von MGM Resorts International

Our stock analysis for MGM Resorts International Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MGM Resorts International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.