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NYSE:MGP

MGM Growth Properties (MGP) Stock Price, News & Analysis

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About MGM Growth Properties Stock (NYSE:MGP)

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Key Stats

Today's Range
$41.64
$41.64
50-Day Range
$38.28
$41.64
52-Week Range
$33.43
$43.19
Volume
N/A
Average Volume
1.08 million shs
Market Capitalization
$6.53 billion
P/E Ratio
30.39
Dividend Yield
5.09%
Price Target
N/A
Consensus Rating
N/A

Company 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.

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MGP Stock News Headlines

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MGM Resorts posts record revenue in ‘24
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MGP Stock Analysis - Frequently Asked Questions

MGM Growth Properties LLC (NYSE:MGP) posted its quarterly earnings data on Thursday, April, 21st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.09. The firm's quarterly revenue was up 3.9% compared to the same quarter last year.

MGM Growth Properties (MGP) raised $975 million in an initial public offering on Wednesday, April 20th 2016. The company issued 50,000,000 shares at a price of $18.00-$21.00 per share. BofA Merrill Lynch, J.P. Morgan, Morgan Stanley, Evercore ISI, Barclays, Citigroup and Deutsche Bank Securities acted as the underwriters for the IPO and BNP PARIBAS, Fifth Third Securities, SMBC Nikko, SunTrust Robinson Humphrey, Credit Agricole CIB, Union Gaming and Scotiabank were co-managers.

Based on aggregate information from My MarketBeat watchlists, some other companies that MGM Growth Properties investors own include AT&T (T), Meta Platforms (META), Annaly Capital Management (NLY), NVIDIA (NVDA), Rithm Capital (RITM), Exxon Mobil (XOM) and Verizon Communications (VZ).

Company Calendar

Last Earnings
4/21/2022
Today
4/03/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Real Estate Investment Trusts
Sub-Industry
N/A
Current Symbol
NYSE:MGP
Fax
N/A
Employees
3
Year Founded
N/A

Profitability

Trailing P/E Ratio
30.39
Forward P/E Ratio
16.86
P/E Growth
2.74
Net Income
$205.50 million
Pretax Margin
46.74%

Debt

Sales & Book Value

Annual Sales
$782.06 million
Cash Flow
$3.25 per share
Price / Cash Flow
12.83
Book Value
$34.30 per share
Price / Book
1.21

Miscellaneous

Free Float
156,110,000
Market Cap
$6.53 billion
Optionable
Optionable
Beta
0.89

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This page (NYSE:MGP) was last updated on 4/3/2025 by MarketBeat.com Staff
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