NYSE:MGP MGM Growth Properties (MGP) Stock Price, News & Analysis → The ONE AI Stock to own now. (It’s not Nvidia.) (From Weiss Ratings) (Ad) Free MGP Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$41.64▼$41.6450-Day Range$38.28▼$41.6452-Week Range$33.43▼$43.19VolumeN/AAverage Volume1.08 million shsMarket Capitalization$6.53 billionP/E Ratio30.39Dividend Yield5.09%Price TargetN/A Stock AnalysisStock Analysis Get MGM Growth Properties alerts: Email Address Ad Weiss RatingsThe ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …Click here to see the presentation now. About MGM Growth Properties Stock (NYSE:MGP)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.Read More Ad Weiss RatingsThe ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …Click here to see the presentation now. MGP Stock News HeadlinesMay 9, 2024 | benzinga.comMGM Resorts Intl Stock (NYSE:MGM), Quotes and News SummaryMay 2, 2024 | msn.comMGM Resorts Stock Rallies On Q1 Results, Upgrade; Posts Record Revenue From China, Las VegasApril 26, 2024 | forbes.comWill A Macau Recovery Drive MGM Stock Higher Following Q1 Results?January 10, 2024 | seekingalpha.comMGM Resorts: Super Bowl And Chinese New Year Together Pose Unprecedented Upside Catalyst For Q1December 25, 2023 | bbc.comMGM hack exposes personal data of 10.6 million guestsNovember 20, 2023 | markets.businessinsider.comMGM Resorts International Recognized for Superior Achievement in Creating an Inclusive WorkplaceNovember 11, 2023 | news.yahoo.comMGM reaches tentative agreement with Culinary union avoiding strikeOctober 29, 2023 | investing.comMGP Historical DataSeptember 21, 2023 | msn.comMGM Springfield looking to create job growth in more of the city’s communitiesAugust 3, 2023 | markets.businessinsider.comMGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2023 FINANCIAL AND OPERATING RESULTSJuly 17, 2023 | markets.businessinsider.comMarriott And MGM Resorts Forge Partnership To Boost Las Vegas Strip RevenuesJuly 13, 2023 | seekingalpha.comMGM Resorts International: Value, Growth, Deleveraging, And BuybacksMay 24, 2023 | forbes.comMGM Shifts Strategy To Focusing On Mobile GrowthMay 1, 2023 | markets.businessinsider.comMGM RESORTS INTERNATIONAL REPORTS FIRST QUARTER 2023 FINANCIAL AND OPERATING RESULTSMarch 17, 2023 | benzinga.comMGM Resorts Intl Stock (NYSE:MGM), Analyst Ratings, Price Targets, PredictionsMarch 1, 2023 | insidermonkey.comVICI Properties Inc. (NYSE:VICI) Q4 2022 Earnings Call TranscriptFebruary 8, 2023 | seekingalpha.comMGM Resorts: Smart Corporate Strategy Is The Engine For Much Higher ValuationFebruary 1, 2023 | msn.comMGM Resorts (MGM) Unveils Sport Betting in MassachusettsJanuary 16, 2023 | finance.yahoo.comMGM Resorts International (MGM) Interactive Stock Chart - Yahoo FinanceJanuary 12, 2023 | seekingalpha.comVICI Properties buys Blackstone REIT's stake in MGM Grand, Mandalay Bay hotelsDecember 1, 2022 | seekingalpha.comBlackstone to sell stakes in MGM Grand, Mandalay Bay hotels to VICI Properties (updated)September 28, 2022 | techcrunch.comAdvocacy groups slam Amazon and MGM’s controversial ‘Ring Nation’ show ahead of its premiereAugust 12, 2022 | nasdaq.comWhat's Next For MGM Resorts After A Strong Q2?July 19, 2022 | msn.comHere's How Much a $1000 Investment in MGM Resorts Made 10 Years Ago Would Be Worth TodayApril 29, 2022 | seekingalpha.comVICI Properties closes on MGM Growth Properties acquisitionSee More Headlines Receive MGP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MGM Growth Properties and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/21/2022Today5/19/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real Estate Investment Trusts Sub-IndustryN/A Current SymbolNYSE:MGP CUSIPN/A CIK1656936 Webwww.mgmgrowthproperties.com Phone(702) 669-1480FaxN/AEmployees3Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$1.37 Trailing P/E Ratio30.39 Forward P/E Ratio16.86 P/E Growth2.74Net Income$205.50 million Net Margins27.27% Pretax Margin46.74% Return on Equity4.10% Return on Assets2.10% Debt Debt-to-Equity Ratio0.78 Current Ratio14.96 Quick Ratio14.96 Sales & Book Value Annual Sales$782.06 million Price / Sales8.35 Cash Flow$3.25 per share Price / Cash Flow12.83 Book Value$34.30 per share Price / Book1.21Miscellaneous Outstanding Shares156,753,000Free Float156,110,000Market Cap$6.53 billion OptionableOptionable Beta0.89 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. James C. Stewart (Age 56)Chief Exec. Officer Comp: $2.17MMr. Andy H. Chien (Age 46)CFO & Treasurer Comp: $859.13kMr. Andrew Hagopian IIISec.Mr. Knicks Lau (Age 40)Controller Ms. Jessica CunninghamSec.Key CompetitorsStarwood Property TrustNYSE:STWDSTAG IndustrialNYSE:STAGBrixmor Property GroupNYSE:BRXFirst Industrial Realty TrustNYSE:FRRyman Hospitality PropertiesNYSE:RHPView All Competitors MGP Stock Analysis - Frequently Asked Questions How were MGM Growth Properties' earnings last quarter? MGM Growth Properties LLC (NYSE:MGP) posted its quarterly earnings results on Thursday, April, 21st. The financial services provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.35 by $0.09. The financial services provider had revenue of $201.90 million for the quarter, compared to analyst estimates of $201.52 million. MGM Growth Properties had a net margin of 27.27% and a trailing twelve-month return on equity of 4.10%. MGM Growth Properties's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 earnings per share. Is MGM Growth Properties a good dividend stock? MGM Growth Properties (NYSE:MGP) pays an annual dividend of $2.12 per share and currently has a dividend yield of 5.09%. MGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 154.75%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, MGP will have a dividend payout ratio of 98.60% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for MGP. What other stocks do shareholders of MGM Growth Properties own? Based on aggregate information from My MarketBeat watchlists, some companies that other MGM Growth Properties investors own include AT&T (T), New Residential Investment (NRZ), Pfizer (PFE), Main Street Capital (MAIN), Enterprise Products Partners (EPD), Wells Fargo & Company (WFC), Annaly Capital Management (NLY), Johnson & Johnson (JNJ), DHT (DHT) and Intel (INTC). When did MGM Growth Properties IPO? 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 served 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. This page (NYSE:MGP) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersBuy this small stock before coming AI Tidal WaveChaikin AnalyticsCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingShocking $16T Elon Musk Crypto LeakCrypto 101 MediaForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsDems have chosen Biden replacement?Paradigm PressHow Biden has already won 2024Porter & CompanyExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersA letter is coming from the "Bureau of the Fiscal Service".Stansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding MGM Growth Properties LLC Please log in to your account or sign up in order to add this asset to your watchlist. 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