Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy MGM Growth Properties LLC stock (MGP)

Buy MGM Growth Properties LLC stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

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. Its last market close was $41.64 – the same closing value as a week prior.

Our top picks for where to buy MGM Growth Properties LLC stock

Top pick for advanced traders

Go to site
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Our pick for investing by theme

Go to site
  • Trade $0 commission stocks & ETFs with as little as $1
  • Theme and ETF screener
  • Discover new opportunities with Opto's AI-driven classification system

Our pick for transfer bonus

Go to site
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options, with no options contract fees
  • Complimentary access to a financial planner and automated investing

How to buy MGM Growth Properties LLC stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – MGP. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy MGM Growth Properties LLC stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 4 of 4
Name Product USFST Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
OPTO
Finder Score: 3.1 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
SoFi Invest®
Finder Score: 4.2 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $1,000 in stock
Zero-commission stocks, ETFs and options, with no options per-contract fees. Plus, a no-advisory-fee robo-advisor and complimentary access to financial planners.
Robinhood
Finder Score: 4.5 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
Get a free stock
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

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

Information last updated 2022-07-03.
Latest market close$41.64
52-week range$0.00 - $0.00
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.

MGM Growth Properties LLC price performance over time

Historical closes compared with the close of $41.64 from 2022-05-19

1 week (2024-10-19) N/A
1 month (2024-09-26) N/A
3 months (2024-07-26) N/A
6 months (2024-04-26) N/A
1 year (2023-10-26) N/A
2 years (2022-10-26) N/A
3 years (2021-10-29) 5.74%
5 years (2019-10-30) 51.66%

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
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".

MGP.US volatility(beta: 0.92)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 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

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site