MGM: MGM Resorts International

Stock

About

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan, Beau Rivage in Biloxi, Mississippi, Gold Strike Tunica in Tunica, Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986, and is headquartered in Las Vegas, NV.

Year Founded
1986
Employees
45,000
Sector
Consumer Discretionary
HQ Location
Las Vegas, NV

Current Value

$37.21

1 Year Return

-$2.59
-6.51%

Key Details

Market Cap

$11.10B

P/E Ratio

13.33

1Y Stock Return

-6.50%

1Y Revenue Growth

12.28%

Dividend Yield

0.00%

Price to Book

3.4

Strategies that include
MGM

Medium risk

$14,000

US 500

growth
balanced
growth income

The original passive investment vehicle is generally considered to comprise of 500 of the largest stocks traded within the US. Double's take on this exposes a client to the US stock market in a diversified way without any expense ratio.

Top Sector

Information Technology

Top Holdings

Return

+15.05%

Expense Ratio

0.00%

Holdings

502

Medium risk

$6,600

Value Stocks

growth
balanced
growth income

This Strategy targets undervalued stocks in the U.S. market, emphasizing companies with solid fundamentals and potential for long-term growth. Emphasizing sectors such as healthcare, financials, industrials, and consumer goods, it seeks opportunities where market prices may not fully reflect underlying value metrics like earnings and book value.

Top Sector

Financials

Top Holdings

Return

+11.09%

Expense Ratio

0.00%

Holdings

333

Medium risk

$3,600

USA Mid-Cap Companies

growth
balanced
growth income

Targeting mid-sized U.S. companies, striking a balance between growth potential and stability. Investing in sectors like industrials, technology, consumer goods, and healthcare, it offers exposure to companies with established market positions and growth opportunities.

Top Sector

Industrials

Top Holdings

Return

+11.46%

Expense Ratio

0.00%

Holdings

310

High risk

$9,300

Consumer Discretionary Sector

speculation
maximum growth

This strategy focuses on consumer discretionary companies, including retail, automotive, leisure, and entertainment firms. Reflecting consumer spending trends and economic conditions, it's sensitive to changes in consumer sentiment and economic growth.

Top Sector

Consumer Discretionary

Top Holdings

Return

+16.08%

Expense Ratio

0.00%

Holdings

274

Medium risk

$3,300

Equal Weighted US 500

growth
balanced
growth income

This index provides equal-weight exposure to the top 500 companies in the US, offering a unique approach compared to traditional market-cap weighted indexes. With an aim to reduce concentration risk by allocating equal amounts to each constituent, it potentially benefits from smaller companies' outperformance.

Top Sector

Industrials

Top Holdings

Return

+11.97%

Expense Ratio

0.00%

Holdings

502

Low risk

$4,900

Democratic Trading

capital preservation
balanced
income

This strategy seeks to broadly invest in stocks purchased or sold by Democratic members of the US Congress and their families.

Top Sector

Information Technology

Top Holdings

Return

+10.61%

Expense Ratio

0.00%

Holdings

168

Medium risk

$33,000

US 1000

growth
balanced
growth income

This strategy tracks a market-cap-weighted index of the 1000-largest US companies. It offers broad exposure to the US equity market, encompassing a diverse range of sectors and industries. By investing in this fund, you gain access to the performance of large and well-established companies within the US economy.

Top Sector

Information Technology

Top Holdings

Return

+15.03%

Expense Ratio

0.00%

Holdings

995

Create your own
strategy with

MGM
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Stock's related to
MGM

Correlated Stocks

NameCorrelationMarket CapReturn % (1 Year)Div Yield %
CZR65.90%$7.94B-17.94%0.00%
RRR60.93%$2.95B+13.51%2.03%
WYNN58.36%$10.02B+5.05%1.10%
BYD58.13%$6.32B+21.62%0.94%
IEX56.22%$16.93B+12.60%1.21%
CACC55.43%$5.39B+4.23%0.00%
H54.91%$14.71B+32.52%0.39%
VNT54.45%$5.57B+11.08%0.27%
LVS54.16%$35.66B-0.53%1.62%
MG54.00%$12.29B-21.35%4.47%
GDEN53.35%$910.64M-10.03%2.27%
MAR53.07%$77.61B+34.79%0.82%
CGNX52.11%$6.73B+6.19%0.78%
HST51.95%$12.11B+1.49%4.66%
IAC51.95%$4.11B-0.75%0.00%
TNL51.77%$3.60B+42.43%3.72%
CODI51.73%$1.74B+13.88%4.37%
GXO51.05%$7.02B+3.60%0.00%
CAE51.04%$7.16B+7.26%0.00%
HLT50.73%$60.89B+47.04%0.24%

Uncorrelated Stocks

NameCorrelationMarket CapReturn % (1 Year)Div Yield %
RNR0.01%$13.74B+23.09%0.58%
LPTH-0.07%$62.27M+33.05%0.00%
FDP-0.08%$1.62B+45.67%2.97%
CPB0.14%$12.96B+7.08%3.40%
SMC0.14%$383.35M+97.26%0.00%
IDA-0.21%$6.27B+21.37%2.85%
XOS-0.37%$30.51M-57.24%0.00%
JAKK-0.47%$303.66M-7.19%0.00%
INSM-0.53%$13.19B+202.50%0.00%
AQB0.55%$3.78M-37.77%0.00%
UTZ-0.58%$1.37B+26.87%1.41%
CPSH0.72%$20.70M-40.13%0.00%
CYD-0.76%$364.46M-2.94%4.26%
DOGZ-0.79%$614.77M+1,372.26%0.00%
PAYC0.91%$12.12B+21.78%0.69%
SAVA-0.92%$1.35B+25.50%0.00%
MX0.92%$135.79M-45.52%0.00%
SYPR0.92%$32.23M-26.32%0.00%
CCEC0.93%$1.02B+28.03%3.26%
POAI1.00%$4.29M-78.60%0.00%

Inversely Correlated Stocks

NameCorrelationMarket CapReturn % (1 Year)Div Yield %
CBOE-12.93%$21.46B+15.84%1.11%
MNR-11.80%$1.66B-10.71%15.90%
MCK-11.30%$78.15B+35.51%0.42%
CHD-11.17%$27.18B+19.50%1.03%
UUU-10.57%$4.97M-41.89%0.00%
HUSA-10.44%$16.69M-11.56%0.00%
ROOT-10.23%$1.53B+972.93%0.00%
COR-9.24%$47.48B+21.20%0.86%
NEUE-8.81%$40.93M-34.13%0.00%
EXAS-8.81%$9.98B-17.22%0.00%
CWAN-8.74%$6.77B+47.68%0.00%
ASPS-8.50%$22.36M-80.26%0.00%
QTTB-8.42%$354.34M+188.64%0.00%
PGR-8.01%$149.10B+57.29%0.45%
AVDL-7.02%$1.03B-3.16%0.00%
PG-6.99%$402.15B+14.14%2.33%
LTM-6.90%$8.51B-100.00%<0.01%
OMCL-6.28%$1.96B+30.61%0.00%
BNED-6.19%$277.22M-91.94%0.00%
K-6.17%$27.77B+52.50%2.79%

ETF's related to
MGM

News

SeekingAlpha

The decline in Wynn stock since "soft" 3Q results opens up an opportunity to buy undervalued assets. Read more on this gaming company and future prospects for the luxury casino operator.

Yahoo

The agreement seeks to automate MGM Resorts' network to enhance guest engagement in gaming and hospitality.

Yahoo

Cisco Systems, Inc. (NASDAQ:CSCO) inked a 5.5-year Whole Portfolio Agreement (WPA) with MGM Resorts International (NYSE:MGM), granting MGM access to Cisco’s software portfolio. The portfolio includes cybersecurity, software-defined networking, WAN, digital experience assurance, and data center services. This collaboration aims to enhance the guest and employee experience across all MGM Resorts properties. The agreement will automate MGM Resorts’ network, enabling future location services and nex

Yahoo

Cisco (NASDAQ: CSCO) and MGM Resorts International today announce that the companies have signed a Whole Portfolio Agreement (WPA), empowering MGM Resorts with the majority of Cisco's software portfolio. This includes cybersecurity, software defined networking, software defined-WAN, digital experience assurance, full-stack observability, data center and services. This agreement spans 5.5 years, benefiting guests and employees across all of MGM Resorts' properties.

Yahoo

Artisan Partners, an investment management company, released its “Artisan Mid Cap Value Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. In Q3, US stocks recovered from brief periods of volatility to hit new all-time highs. The portfolio returned strong absolute returns in the third quarter but lagged the […]

SeekingAlpha

The SaltLight Worldwide Flexible FR Fund returned +15.61%1 during the third quarter of 2024. Read more here.

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Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

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