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Upturn AI SWOT - About
MGM 
MGM Resorts International (MGM)
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Upturn Advisory Summary
04/01/2025: MGM (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -53.82% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 8.55B USD | Price to earnings Ratio 12.47 | 1Y Target Price 49.36 |
Price to earnings Ratio 12.47 | 1Y Target Price 49.36 | ||
Volume (30-day avg) 5441635 | Beta 2.19 | 52 Weeks Range 28.63 - 47.26 | Updated Date 04/1/2025 |
52 Weeks Range 28.63 - 47.26 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.4 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 4.33% | Operating Margin (TTM) 8.06% |
Management Effectiveness
Return on Assets (TTM) 2.46% | Return on Equity (TTM) 26.33% |
Valuation
Trailing PE 12.47 | Forward PE 13.19 | Enterprise Value 37744302083 | Price to Sales(TTM) 0.5 |
Enterprise Value 37744302083 | Price to Sales(TTM) 0.5 | ||
Enterprise Value to Revenue 2.19 | Enterprise Value to EBITDA 15.78 | Shares Outstanding 285551008 | Shares Floating 217640959 |
Shares Outstanding 285551008 | Shares Floating 217640959 | ||
Percent Insiders 23.93 | Percent Institutions 71.92 |
Analyst Ratings
Rating 4.43 | Target Price 49.54 | Buy 5 | Strong Buy 14 |
Buy 5 | Strong Buy 14 | ||
Hold 4 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
MGM Resorts International
Company Overview
History and Background
MGM Resorts International was founded in 1987 as MGM Grand, Inc. It evolved from Kirk Kerkorian's earlier ventures in Las Vegas and later became MGM Resorts International. Significant milestones include the opening of the MGM Grand Las Vegas, acquisitions of Mirage Resorts and Mandalay Resort Group, and expansion into international markets like Macau and Japan.
Core Business Areas
- Casino Operations: MGM operates casinos worldwide, offering various gaming options, including slots, table games, and poker.
- Hotel Operations: MGM owns and operates numerous hotels, ranging from budget-friendly to luxury accommodations.
- Food and Beverage: MGM's resorts offer a wide range of dining options, from casual restaurants to fine-dining establishments.
- Entertainment: MGM hosts live entertainment, including concerts, shows, and sporting events.
- Retail: MGM's resorts feature retail shops selling souvenirs, clothing, and other merchandise.
Leadership and Structure
Bill Hornbuckle serves as the CEO and President. The organizational structure comprises various departments, including finance, operations, marketing, and development, with regional and property-level management teams.
Top Products and Market Share
Key Offerings
- MGM Grand Las Vegas: One of the largest hotels in the world, generating significant revenue through casino gaming, hotel stays, dining, and entertainment. Competitors include Caesars Palace (CZR), Wynn Las Vegas (WYNN), and The Venetian (LVS).
- Bellagio: A luxury resort known for its iconic fountains, high-end dining, and art galleries. Competitors include Wynn Las Vegas (WYNN), The Cosmopolitan (private), and Four Seasons Hotels (private).
- MGM Macau: A casino resort in Macau, generating revenue through gaming and hospitality services. Competitors include Sands China (1928.HK) and Galaxy Entertainment Group (0027.HK).
- BetMGM: Online sports betting and iGaming platform. Competitors include DraftKings (DKNG), FanDuel (Flutter Entertainment - PDYPY), and Caesars Sportsbook (CZR).
Market Dynamics
Industry Overview
The global gaming and hospitality industry is competitive, with players vying for market share in casino gaming, hotel occupancy, and entertainment spending. The industry is influenced by economic conditions, regulatory changes, and consumer preferences.
Positioning
MGM Resorts International is a leading global entertainment company with a strong presence in Las Vegas, Macau, and online gaming through BetMGM. Its competitive advantages include its established brand, extensive portfolio of resorts, and strategic partnerships.
Total Addressable Market (TAM)
The global gambling market is expected to reach hundreds of billions of dollars. MGM is positioned well with its diverse segments to capture a significant amount of this TAM.
Upturn SWOT Analysis
Strengths
- Strong brand recognition
- Diverse portfolio of resorts
- Prime locations in key markets
- Growing online gaming presence (BetMGM)
- Experienced management team
Weaknesses
- High debt levels
- Exposure to economic downturns
- Dependence on Las Vegas market
- Regulatory risks in gaming industry
- High operating costs
Opportunities
- Expansion into new geographic markets
- Growth of online gaming and sports betting
- Development of new integrated resorts
- Strategic partnerships and acquisitions
- Increased focus on loyalty programs and customer engagement
Threats
- Increased competition
- Economic recession
- Changes in consumer preferences
- Regulatory changes and tax increases
- Geopolitical risks
Competitors and Market Share
Key Competitors
- LVS
- CZR
- WYNN
- BYD
Competitive Landscape
MGM possesses a strong brand and diverse portfolio but faces competition from companies with specialized focuses or greater financial resources. MGM is well-positioned in Las Vegas but faces growing competition in Macau and online gaming.
Major Acquisitions
The Cosmopolitan of Las Vegas
- Year: 2022
- Acquisition Price (USD millions): 5650
- Strategic Rationale: Increased MGM's presence on the Las Vegas Strip and added a high-end luxury resort to its portfolio.
Growth Trajectory and Initiatives
Historical Growth: MGM's historical growth has been driven by acquisitions, development of new resorts, and expansion into new markets. However, growth has been impacted by economic cycles and regulatory changes.
Future Projections: Analyst estimates are generally positive, projecting continued growth in revenue and earnings driven by online gaming and international expansion. However, projections are subject to risks and uncertainties.
Recent Initiatives: Recent initiatives include the expansion of BetMGM, development of new resorts in Japan and other markets, and strategic partnerships to enhance customer experience.
Summary
MGM Resorts International is a leading global entertainment company with a strong presence in Las Vegas and a growing online gaming business. The company's strengths include its brand recognition, diverse portfolio, and prime locations. However, MGM faces challenges such as high debt levels, competition, and economic risks. MGM's future growth depends on its ability to expand into new markets, capitalize on the growth of online gaming, and manage its financial risks effectively.
Similar Companies
BYD
Boyd Gaming Corporation
BYD
Boyd Gaming Corporation
CZR
Caesars Entertainment Corporation
CZR
Caesars Entertainment Corporation
LVS
Las Vegas Sands Corp
LVS
Las Vegas Sands Corp
WYNN
Wynn Resorts Limited
WYNN
Wynn Resorts Limited
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Financial news sources
- Analyst reports
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions and company performance are subject to change, and past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MGM Resorts International
Exchange NYSE | Headquaters Las Vegas, NV, United States | ||
IPO Launch date 1990-01-12 | President, CEO & Director Mr. William Joseph Hornbuckle IV | ||
Sector Consumer Cyclical | Industry Resorts & Casinos | Full time employees 60000 | Website https://www.mgmresorts.com |
Full time employees 60000 | Website https://www.mgmresorts.com | ||
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. The company operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. It operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. The company's casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
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