Revenue segments as reported by the company.

Casino

Rooms

Food and beverage

Entertainment, retail and other

Reimbursed costs

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Corporate expense

Depreciation and amortization

Income from unconsolidated affiliates

Property transactions, net

Preopening and start-up expenses

Gain on REIT transactions, net

Gain on consolidation of CityCenter, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

MGM Resorts

Mandalay Bay is a 43-story luxury resort and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International. One of the property's towers operates as the Delano; the Four Seasons Hotel is independently operated within the Mandalay Bay tower, occupying 5 floors (35–39).

Mandalay Bay

Bellagio  is a resort, luxury hotel and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International and was built on the site of the demolished Dunes hotel and casino. Inspired by the Lake Como town of Bellagio in Italy, Bellagio is famed for its elegance. One of its most notable features is an 8-acre (3.2 ha) lake between the building and the Strip, which houses the Fountains of Bellagio, a large dancing water fountain synchronized to music.

Bellagio

Circus Circus Las Vegas is a hotel, 123,928 sq ft (11,513.3 m2) casino, and RV park located on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by MGM Resorts International. Circus Circus features circus acts and carnival type games daily on the Midway.

Circus Circus Las Vegas

The Mirage is a 3,044 room Polynesian-themed resort and casino resort located on the Las Vegas Strip in Paradise, Nevada, United States. The resort was built by developer Steve Wynn and is currently owned and operated by MGM Resorts International.

The Mirage

The MGM Grand Las Vegas (formerly Marina and MGM-Marina) is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada. The MGM Grand is the largest single hotel in the United States with 6,852 rooms. It is also the third-largest hotel complex in the world by number of rooms and second-largest hotel resort complex in the United States behind the combined The Venetian and The Palazzo. When it opened in 1993, the MGM Grand was the largest hotel complex in the world.

MGM Grand Las Vegas

Excalibur Hotel and Casino is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada, in the United States. It is owned and operated by MGM Resorts International. Excalibur, named for the mythical sword of King Arthur, uses the Medieval theme in several ways. Its facade is a stylized image of a castle. Until 2007, a wizard-like figure representing Merlin looked out from a high turret (since replaced by a figure advertising Dick's Last Resort). Excalibur is situated at the Tropicana - Las Vegas Boulevard intersection. The hotel is linked by overhead pedestrian bridges to neighboring casinos to the north (New York-New York, across Tropicana Avenue) and to the east (Tropicana, across the Strip). A free tram connects Excalibur to its sister MGM Resorts International properties to the south, Luxor and Mandalay Bay.

Excalibur

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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MGM Resorts posts record Q4 earnings, eyes growth opportunities

MGM Resorts delivered strong financial performance driven by record EBITDAR and room night growth.
The company's diverse portfolio and strategic initiatives position it well for future growth.
Challenges include dividend suspension, operational metrics scrutiny, and project uncertainties.
Opportunities lie in continued growth in Macau, digital ventures, and capital allocation strategy.

MGM Resorts reports robust Q1 performance and eyes global expansion

MGM Resorts demonstrated resilience and growth potential across regions, with a focus on profitability and sustained market share.
Strategic investments in property enhancements and digital gaming aim to drive revenue and attract diverse customer segments.
Balanced financial position enables MGM to pursue growth opportunities and navigate potential challenges effectively.
Overall, MGM's performance outlook is positive, with a strong emphasis on market expansion and operational efficiency.

MGM Resorts posts record revenues and BetMGM on track for profitability

MGM Resorts delivered strong financial results, with a focus on margin improvement, digital investments, and strategic acquisitions. BetMGM's positive trajectory towards profitability and loyalty program enhancements driving revenue growth. Challenges include regional revenue variations and competitive pressures in Macau.

MGM Resorts reports record Q3 revenue amidst cybersecurity challenges

MGM Resorts showcased strong financial performance in Q3 2023, driven by record revenues in MGM China and BetMGM, despite short-term challenges.
The company's strategic focus on reducing leverage, growing free cash flow, and prioritizing share repurchases positions it well for future growth and profitability.
Opportunities in gaming expansion in Dubai, iGaming markets, and strategic partnerships offer avenues for revenue diversification and market expansion.
Efficient management of challenges like cybersecurity issues, labor negotiations, and inflationary impacts demonstrates MGM's resilience and adaptability.

MGM Resorts achieves record Q4 results, eyes digital expansion

MGM Resorts' strong performance in 2023 sets a positive tone for 2024, with a focus on innovation, strategic expansion, and event-driven growth. While challenges exist, the company's proactive approach to opportunities positions it well for continued success.

MGM Resorts achieves record Q1 earnings, eyes global expansion

MGM Resorts delivered a standout performance in Q1 2024, driven by strong results in Las Vegas and MGM China. The company's focus on digital expansion, strategic financial decisions, and potential market expansions position it for continued growth and shareholder value creation.

MGM Resorts reports strong Q2 performance driven by luxury and digital growth

MGM Resorts' Q2 performance reflects a balanced growth strategy with a focus on luxury resorts and digital initiatives
Strong partnerships, profitability in BetMGM, and plans for share repurchases signal a positive outlook for the company
While facing challenges in a competitive market, MGM's strategic investments and focus on cash flow generation position it for future success

MGM Resorts reports record Q3 performance and outlines growth strategies

MGM Resorts delivered a robust performance in Q3, driven by record revenues and EBITDAR across segments, showcasing operational strength
BetMGM's success in profitability and online gaming highlights its strategic positioning in the digital market landscape
Challenges include managing expenses, regulatory compliance, and sustaining growth momentum amidst industry competition
Future opportunities center on strategic expansion, market diversification, and innovation to drive sustained value creation

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Operating expenses

SG&A

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Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

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Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MGM Resorts International gained nearly 12% in the last 5 trading days. Despite this move, the stock is still nearly 20% below where it was at the beginning of 2020.

After Last Week's Gain, Should You Consider Investing In MGM Resorts' Stock?

Caesars Entertainment

Las Vegas Sands

Wynn Resorts

Nevada cuts maximum occupancy limits as the number of coronavirus cases rises.

Las Vegas Casinos Face Tighter Capacity Limits in New Threat to Recovery

Atlanta Braves Holdings Inc

Everest RE Group

Summit Materials

Worthington Industries

Southeastern Asset Management recently disclosed its portfolio updates for the third quarter of 2020, which ended on Sept. 30.

Mason Hawkins' Southeastern Buys 5 Stocks in 3rd Quarter

Delta Air Lines

Royal Caribbean Cruises

Exposure to Covid-19 is risky business, but promising drug results and deeply-discounted price action set up three stocks to buy The post 3 ‘Stay Away' Stocks to Buy Today appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets

3 ‘Stay Away' Stocks to Buy Today

MGM stock has support below and opportunity above. the bullish outcome makes much more sense than the bearish.

MGM Stock Is Less of a Gamble Now Even in the Face of Infections

Churchill Downs

DraftKings

Penn Entertainment

This year has certainly been one for indulging in simple pleasures and, in some cases, simple vices. Throughout 2020, consumers have been expanding their budgets to make more room for everything from food and alcohol to retail goods and electronics.

Are Gambling Stocks A Strong Bet In An Uncertain Market?

Why this gambling stock is poised for long-term success.

Better Buy: MGM Resorts vs. Penn National Gaming

LAS VEGAS, Nov. 17, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) was the recipient of the "Responsibility" H.E.R.O.E.S award from the Western Regional Minority Supplier Development Council (WRMSDC) for the company's leadership in inclusion and sustainable programs that allow...

MGM Resorts International Named the 2020 "Responsibility" H.E.R.O.E.S. By the Western Regional Minority Supplier Development Council

Coppersteel Holdco Inc

Dave & Buster's

Could the pain be almost over for entertainment stocks?

Why Entertainment Stocks Popped Today

American Airlines

Carnival

Choice Hotels Int.

Hyatt Hotels

Hilton Worldwide Holdings

InterContinental Hotels Group

JetBlue Airways

Southwest Airlines

Marriott

Norwegian Cruise Line

Park Hotels & Resorts

Red Lion Hotels

Extended Stay America

United Continental Hlds

Marriott Vacations Worldwide

Wyndham Hotels & Resorts Inc

Wyndham Destinations Inc

Airline, hotel, and cruise stocks surged in early Monday trading as Moderna's encouraging vaccine trial results spurred fresh optimism for an end to the coronavirus pandemic. The biotech company announced Monday morning that its experimental coronavirus vaccine was 94.5% effective at preventing COVID-19 in a preliminary analysis. The update comes one week after Pfizer and BioNTech revealed similarly positive results from early trials of their own vaccine. While both candidates still need to receive approval from the US Food and Drug Administration, their supposed effectiveness suggests a nationwide rollout could come in 2021. 

Travel stocks rally after Moderna's vaccine progress lifts hopes for near-term reopening

This time it's lack of demand hitting the Las Vegas Strip.

The Las Vegas Strip Is Shutting Down Again (Sort Of)

Though it's rampant today, the coronavirus will eventually go away. Some investors are willing to buy now and wait.

Why Norwegian Cruise Line, Carnival, and MGM Resorts Stocks Jumped Higher Today

The pandemic creates challenges. Does it also make the stock a good opportunity?

Is MGM Stock a Buy?

Investors are betting today's vaccine news gives casinos a tangible path back to normalcy.

Why Investors Are Rolling the Dice With Casinos Today

Even if a coronavirus vaccine is released next year, the battered lodging industry will take several years to recover.

The hotel industry may not recover until 2023

Booking Hlds

Expedia

TripAdvisor

Everything's up in the air right now. Health experts have long warned us not to get too excited about vaccine trials before the full range of data can be examined, but investors in the travel industry are doing just that.

Airline, hotel, and travel stocks poised for Monday rally on Pfizer vaccine news

Analysts are generally bearish on MGM due to over-focus on long ramp ahead to recovery of convention and group business on the Las Vegas strip. Price targets from $15 to $21 do not reflect a positive story for a company beginning to emerge from pandemic abyss.

MGM: Big, Liquid, Gaining Ground In Sports Betting, Real Value Hiding In Plain Sight

MGM Growth Properties

MGM Growth Properties LLC (MGP) CEO James Stewart on Q3 2020 Results - Earnings Call Transcript

Casino stocks Penn National Gaming (NASDAQ: PENN) and MGM Resorts International (NYSE: MGM) reported quarterly earnings Thursday. Here's what a BofA Securities analyst has to say about the results.

Casino Earnings: Why BofA Is Bullish On Penn National, Bearish On MGM

Melco Resorts and Entertainment

The national Golden Week holiday failed to provide much lift.

Macao Gambling Revenue Tumbled 72% in October, but It's the Best Month Since January

Flutter Entertainment PLC

Tennessee is set to launch online sports betting on Nov. 1, becoming the only state without brick-and-mortar casinos to legalize online gambling. What Happened: Four companies have been approved to launch online sports betting with conditional licenses, according to PlayTenn.

News for MGM Resorts Stock (MGM)