MGM Resorts International (MGM.N)

MGM.N on New York Stock Exchange

17.17USD
10 Feb 2016
Change (% chg)

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$17.17
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1,385,154
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$24.40
52-wk Low
$16.19

MGM.N

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About

MGM Resorts International is a holding company. Through its wholly owned subsidiaries, the Company owns and operates casino resorts. The Company operates in two segments: wholly owned domestic resorts and MGM China. The wholly owned domestic resorts segment includes non-gaming operations, including hotel, food and beverage,... (more)

Overall

Beta: 1.96
Market Cap(Mil.): $9,674.70
Shares Outstanding(Mil.): 563.47
Dividend: --
Yield (%): --

Financials

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Fitch Affirms MGM Resorts IDR at 'B+' on REIT Plan; Outlook Remains Positive

(The following statement was released by the rating agency) NEW YORK, October 29 (Fitch) Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) of MGM Resorts International (MGM) at 'B+' and MGM's Macau subsidiaries, MGM Grand Paradise and MGM China, at 'BB'. The Rating Outlook remains Positive on MGM and Stable on MGM's Macau subsidiaries. The affirmation takes into account MGM's plan to contribute 10 of its assets into a newly formed REIT subsidiary, MGM Growth Properties LLC (MGP).

30 Oct 2015

MGM Resorts to form REIT with 10 properties

MGM Resorts International said on Thursday that it would form a publicly traded real estate investment trust made up of 10 properties, including the Mirage and Mandalay Bay, and its shares rose as much as 7.5 percent.

29 Oct 2015

REFILE-UPDATE 4-MGM Resorts to form REIT with 10 properties

(Adds dropped word "chairman" in paragraph 6) * MGM to maintain control of new REIT * To contribute 7 Las Vegas, 3 other U.S. properties * Shares rise as much as 7.5 percent By Ankit Ajmera and Liana B. Baker Oct 29 MGM Resorts International said on Thursday that it would form a publicly traded real estate investment trust made up of 10 properties, including the Mirage and Mandalay Bay, and its shares rose as much as 7.5 percent. MGM had been under pressu

29 Oct 2015

CORRECTED-UPDATE 2-MGM Resorts to form REIT with 10 properties

Oct 29 MGM Resorts International, under pressure from a shareholder, said it would form a publicly traded real estate investment trust comprising 10 of its properties.

29 Oct 2015

CORRECTED-MGM Resorts to form REIT with some real estate assets

Oct 29 MGM Resorts International said it would form a publicly traded real estate investment trust comprising some of its properties.

29 Oct 2015

Earnings vs. Estimates

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