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Added to YB: 2025-04-08

Pitch date: 2025-04-06

MGM [bullish]

MGM Resorts International

+43.51%

current return

Author Info

Company Info

MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.

Market Cap

$9.2B

Pitch Price

$26.06

Price Target

N/A

Dividend

N/A

EV/EBITDA

8.49

P/E

15.16

EV/Sales

2.31

Sector

Hotels, Restaurants and Leisure

Category

value

Show full summary:
Market Update and MGM Resorts International (MGM)

MGM: Resilient casino op, 42% buyback since 2020. Strong Vegas presence, global expansion. Sale-leaseback freed cash for reinvestment. Historically underperformed S&P500 but recent shift to buybacks & debt reduction. Strong brand, cornered Strip real estate. 11x PE, 17.5% buyback/mkt cap. Recession-resistant cash flows.

Read full article (8 min)