How to buy MGM Resorts International shares | MGM historical share price and analysis

How to buy MGM Resorts International shares

Own MGM Resorts International shares in just a few minutes.

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MGM Resorts International (MGM) is a leading resorts & casinos business with stocks listed in the US. It opened the day at US$37.2 after a previous close of US$37.16. During the day the price has varied from a low of USD37.17 to a high of USD38.38. The latest price was USD38.21 (25 minute delay). MGM Resorts International is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in MGM Resorts International

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for MGM Resorts International. Find the share by name or ticker symbol: MGM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MGM Resorts International reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$36.7, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of MGM Resorts International, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of MGM Resorts International. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

MGM Resorts International share price

Use our graph to track the performance of MGM stocks over time.

MGM Resorts International shares at a glance

Information last updated 2021-03-30.
OpenUS$37.2
HighUS$38.38
LowUS$37.17
CloseUS$38.21
Previous closeUS$37.16
Change US$1.05
Change % 2.8256%
Volume 5,134,187
Information last updated 2021-04-08.
52-week rangeUS$11.7665 - US$42.74
50-day moving average US$38.4511
200-day moving average US$30.0224
Target priceUS$38.7
PE ratio 12.3753
Dividend yield US$0.158 (0.38%)
Earnings per share (TTM) US$2.947

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Is it a good time to buy MGM Resorts International stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

MGM Resorts International price performance over time

Historical closes compared with the last close of $38.21

1 week (2021-04-05) -8.37%
1 month (2021-03-12) -1.98%
3 months (2021-01-12) 26.15%
6 months (2020-10-12) 78.55%
1 year (2020-04-09) 162.61%
2 years (2019-04-12) 39.71%
3 years (2018-04-12) 9.39%
5 years (2016-04-12) 68.70%

Is MGM Resorts International under- or over-valued?

Valuing MGM Resorts International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MGM Resorts International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MGM Resorts International's P/E ratio

MGM Resorts International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, MGM Resorts International shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

MGM Resorts International's PEG ratio

MGM Resorts International's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.1999. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MGM Resorts International's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

MGM Resorts International's EBITDA

MGM Resorts International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$762.6 million (£0.0 million).

The EBITDA is a measure of a MGM Resorts International's overall financial performance and is widely used to measure a its profitability.

MGM Resorts International financials

Revenue TTM US$4.9 billion
Gross profit TTM US$1.7 billion
Return on assets TTM -3.5%
Return on equity TTM -10.99%
Profit margin -21%
Book value 13.159
Market capitalisation US$20.9 billion

TTM: trailing 12 months

Shorting MGM Resorts International shares

There are currently 13.7 million MGM Resorts International shares held short by investors – that's known as MGM Resorts International's "short interest". This figure is 25% down from 18.2 million last month.

There are a few different ways that this level of interest in shorting MGM Resorts International shares can be evaluated.

MGM Resorts International's "short interest ratio" (SIR)

MGM Resorts International's "short interest ratio" (SIR) is the quantity of MGM Resorts International shares currently shorted divided by the average quantity of MGM Resorts International shares traded daily (recently around 10.9 million). MGM Resorts International's SIR currently stands at 1.26. In other words for every 100,000 MGM Resorts International shares traded daily on the market, roughly 1260 shares are currently held short.

However MGM Resorts International's short interest can also be evaluated against the total number of MGM Resorts International shares, or, against the total number of tradable MGM Resorts International shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MGM Resorts International's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 MGM Resorts International shares in existence, roughly 30 shares are currently held short) or 0.0333% of the tradable shares (for every 100,000 tradable MGM Resorts International shares, roughly 33 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against MGM Resorts International.

Find out more about how you can short MGM Resorts International stock.

MGM Resorts International's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like MGM Resorts International.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

MGM Resorts International's total ESG risk score

Total ESG risk: 31.42

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and MGM Resorts International's overall score of 31.42 (as at 12/31/2018) is nothing to write home about – landing it in it in the 45th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like MGM Resorts International is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

MGM Resorts International's environmental score

Environmental score: 7.24/100

MGM Resorts International's environmental score of 7.24 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that MGM Resorts International is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

MGM Resorts International's social score

Social score: 14.18/100

MGM Resorts International's social score of 14.18 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that MGM Resorts International is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

MGM Resorts International's governance score

Governance score: 18/100

MGM Resorts International's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that MGM Resorts International is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

MGM Resorts International's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. MGM Resorts International scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that MGM Resorts International has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

MGM Resorts International was last rated for ESG on: 2019-01-01.

Total ESG score 31.42
Total ESG percentile 44.58
Environmental score 7.24
Environmental score percentile 7
Social score 14.18
Social score percentile 7
Governance score 18
Governance score percentile 7
Level of controversy 2

MGM Resorts International share dividends

We're not expecting MGM Resorts International to pay a dividend over the next 12 months.

Have MGM Resorts International's shares ever split?

MGM Resorts International's shares were split on a 2:1 basis on 18 May 2005. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your MGM Resorts International shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for MGM Resorts International shares which in turn could have impacted MGM Resorts International's share price.

MGM Resorts International share price volatility

Over the last 12 months, MGM Resorts International's shares have ranged in value from as little as US$11.7665 up to US$42.74. A popular way to gauge a stock's volatility is its "beta".

MGM.US volatility(beta: 2.47)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while MGM Resorts International's is 2.4727. This would suggest that MGM Resorts International's shares are significantly more volatile than the average for this exchange and represent a higher risk.

MGM Resorts International overview

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. 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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