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MGM Growth Properties LLC is an equity real estate investment trusts (reits) business based in the US. MGM Growth Properties LLC shares (MGP) are listed on the NYSE and all prices are listed in US Dollars.
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MGM Growth Properties LLC stock price (NYSE: MGP)
Use our graph to track the performance of MGP stocks over time.MGM Growth Properties LLC shares at a glance
52-week range | $0.00 - $0.00 |
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50-day moving average | $39.61 |
200-day moving average | $39.30 |
Wall St. target price | $41.44 |
PE ratio | 30.6176 |
Dividend yield | $2.055 (5.09%) |
Earnings per share (TTM) | $1.36 |
Is it a good time to buy MGM Growth Properties LLC 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.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is MGM Growth Properties LLC stock undervalued or overvalued?
Valuing MGM Growth Properties LLC stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MGM Growth Properties LLC's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MGM Growth Properties LLC's P/E ratio
MGM Growth Properties LLC's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, MGM Growth Properties LLC shares trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
MGM Growth Properties LLC's PEG ratio
MGM Growth Properties LLC's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.11. 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 Growth Properties LLC'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 Growth Properties LLC's EBITDA
MGM Growth Properties LLC's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $839.5 million.
The EBITDA is a measure of a MGM Growth Properties LLC's overall financial performance and is widely used to measure a its profitability.
MGM Growth Properties LLC financials
Revenue TTM | $882.9 million |
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Operating margin TTM | 68.41% |
Gross profit TTM | $857.5 million |
Return on assets TTM | 3.59% |
Return on equity TTM | 6.56% |
Profit margin | 23.28% |
Book value | $20.14 |
Market Capitalization | $11.2 billion |
TTM: trailing 12 months
MGM Growth Properties LLC share dividends
Dividend payout ratio: 112.37% of net profits
Recently MGM Growth Properties LLC has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MGM Growth Properties LLC shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In MGM Growth Properties LLC's case, that would currently equate to about $2.055 per share.
MGM Growth Properties LLC's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
MGM Growth Properties LLC's most recent dividend payout was on 13 April 2022. The latest dividend was paid out to all shareholders who bought their shares by 29 March 2022 (the "ex-dividend date").
MGM Growth Properties LLC share price volatility
Over the last 12 months, MGM Growth Properties LLC's shares have ranged in value from as little as $0 up to $0. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while MGM Growth Properties LLC's is 0.9167. This would suggest that MGM Growth Properties LLC's shares are less volatile than average (for this exchange).
MGM Growth Properties LLC overview
MGM Growth Properties LLC (NYSE:MGP) is one of the leading publicly traded real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGP, together with its joint venture, currently owns a portfolio of properties, consisting of 12 premier destination resorts in Las Vegas and elsewhere across the United States, MGM Northfield Park in Northfield, OH, Empire Resort Casino in Yonkers, NY, as well as a retail and entertainment district, The Park in Las Vegas. As of December 31, 2019, our destination resorts, the Park, Empire Resort Casino, and MGM Northfield Park collectively comprised approximately 27,400 hotel rooms, 1. 4 million casino square footage, and 2. 7 million convention square footage. As a growth-oriented public real estate entity, MGP expects its relationship with MGM Resorts and other entertainment providers to attractively position MGP for the acquisition of additional properties across the entertainment, hospitality and leisure industries. .
Frequently asked questions
What percentage of MGM Growth Properties LLC is owned by insiders or institutions?Currently 0.394% of MGM Growth Properties LLC shares are held by insiders and 92.113% by institutions. When does the fiscal year end for MGM Growth Properties LLC?
MGM Growth Properties LLC's fiscal year ends in December. Where is MGM Growth Properties LLC based?
MGM Growth Properties LLC's address is: 1980 Festival Plaza Drive, Las Vegas, NV, United States, 89135 What is MGM Growth Properties LLC's ISIN number?
MGM Growth Properties LLC's international securities identification number is: US55303A1051 What is MGM Growth Properties LLC's CUSIP number?
MGM Growth Properties LLC's Committee on Uniform Securities Identification Procedures number is: 55303A105
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