MGM Resorts (Germany) Today

MGG Stock  EUR 35.29  0.35  0.98%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 64

 
High
 
Low
Quite High
MGM Resorts is trading at 35.29 as of the 29th of November 2024. This is a 0.98 percent decrease since the beginning of the trading day. The stock's lowest day price was 35.29. MGM Resorts has more than 64 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for MGM Resorts International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of January 2023 and ending today, the 29th of November 2024. Click here to learn more.
MGM Resorts International, through its subsidiaries, owns and operates integrated casino, hotel, and entertainment resorts in the United States and Macau. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada. MGM RESORTS operates under Resorts Casinos classification in Germany and is traded on Frankfurt Stock Exchange. The company has 379.09 M outstanding shares. More on MGM Resorts International

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Moving against MGM Stock

  0.87DBPD Xtrackers ShortDAXPairCorr
  0.5203F IDP EDUCATION LTDPairCorr
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Follow Valuation Odds of Bankruptcy
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MGM Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MGM Resorts' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MGM Resorts or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationResorts & Casinos, Consumer Cyclical (View all Sectors)
MGM Resorts International (MGG) is traded on Frankfurt Exchange in Germany and employs 57,000 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MGM Resorts's market, we take the total number of its shares issued and multiply it by MGM Resorts's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MGM Resorts International classifies itself under Consumer Cyclical sector and is part of Resorts & Casinos industry. The entity has 379.09 M outstanding shares. MGM Resorts International has accumulated about 1.16 B in cash with 1.76 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.2.
Check MGM Resorts Probability Of Bankruptcy
Ownership Allocation
MGM Resorts International maintains a total of 379.09 Million outstanding shares. Over half of MGM Resorts' outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Therefore, these institutions are subject to different rules and regulations than regular investors in MGM Resorts International. Please watch out for any change in the institutional holdings of MGM Resorts International as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MGM Ownership Details

MGM Resorts International Risk Profiles

Although MGM Resorts' alpha and beta are two of the key measurements used to evaluate MGM Resorts' performance over the market, the standard measures of volatility play an important role as well.

MGM Stock Against Markets

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Our tools can tell you how much better you can do entering a position in MGM Resorts without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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MGM Resorts Corporate Management

Elected by the shareholders, the MGM Resorts' board of directors comprises two types of representatives: MGM Resorts inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MGM. The board's role is to monitor MGM Resorts' management team and ensure that shareholders' interests are well served. MGM Resorts' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MGM Resorts' outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Information and Resources on Investing in MGM Stock

When determining whether MGM Resorts International is a strong investment it is important to analyze MGM Resorts' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGM Resorts' future performance. For an informed investment choice regarding MGM Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGM Resorts International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between MGM Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGM Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGM Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.