MGM Resorts International 

MGM:NYSE

LastChange / % ChangeDividend YieldVolumeAvg Volume (10 day)
13.15 0.19   1.47%0.00%5,758,7519.4M

Market data is delayed by at least 20 minutes.
Market is closed. As of 03:59 PM ET 3/28/2013
 
 
 

Latest News Headlines for MGM Resorts International

Bottom 5 Companies in the Casinos & Gaming Industry with the Lowest Relative Performance (MGM, IGT, LVS, WYNN, SHFL)
14 hours 24 minutes ago - Financial News Network Online - News Corner
Analysis was conducted on the Casinos & Gaming industry to measure relative performance to find stocks that have underperformed. Relative underperformance is a possible bearish sign of underlying fundamental and technical weakness should it continue for an extended period of time. We looked at yesterday's price action of all companies in this peer group and measured their performance against one another. MGM Resorts International (NYSE:MGM) ranks first with a loss of 1.37%; International Game Technology (NYSE:IGT) ranks second with a loss of 1.32%; and Las Vegas Sands (NYSE:LVS) ranks third with a loss of 0.42%.
MGM Mirage (MGM) Trading Near $12.94 Support Level
1 days 13 hours 21 minutes ago - Freshbrewedmedia
MGM MIRAGE (NYSE: MGM) closed Tuesday's trading session at $13.14. In the past year, the stock has hit a 52-week low of $8.83 and 52-week high of $14.80. MGM Mirage (MGM) stock has been showing support around $12.94 and resistance in the $13.40 range. Technical indicators for the stock are Bullish and S&P; gives MGM Mirage (MGM) a neutral 3 STARS (out of 5) hold rating. For a hedged play on MGM Mirage (MGM), look at the Sep '13 $13.00 covered call for a net debit in the $11.83 area. That is also the break-even stock price for this trade. This covered call has a duration of 178 days, provides 9.97% downside protection and an assigned return rate of 9.89% for an annualized return rate of 20.28% (for comparison purposes only). A lower-cost hedged play for MGM Mirage (MGM) would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the MGM Mirage (MGM) Jan '14 $10.00 call and selling the Sep '13 $13.00 call for a total debit of $2.39. The trade has a lifespan of 178 days and would provide 5.71% downside protection and an assigned return rate of 25.52% for an annualized return rate of 52% (for comparison purposes only). MGM Mirage (MGM) has a current trailing average dividend yield of 0%.
Relatively Good Performance Detected in Shares of Boyd Gaming in the Casinos & Gaming Industry (BYD, MPEL, LVS, MGM, PNK)
2 days 14 hours 39 minutes ago - Financial News Network Online - News Corner
We looked at the Casinos & Gaming industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.
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More Filings

Latest Annual and Quarterly SEC Filings

10-K
March 1, 2013
This report contains detailed information about the company's business finances and management.
10-Q
November 9, 2012
Quarterly reports contain financial statement, a discussion from management and a list of company events (stock splits, acquisitions, etc.)
 
 
 
Company Background
MGM Resorts International is a holding company. The Company is a hospitality company. The Company's primary business is the ownership and operation of casino resorts, which includes offering gaming, hotel, convention, dining, entertainment, retail and other resort amenities. The Company operates in segments: wholly owned domestic resorts and MGM China. The Company operates 15 wholly owned resorts in the United States. MGM China's operations consist of the MGM Macau resort and casino (MGM Macau). The Company's casino resorts offer gaming, hotel, convention, dining, entertainment, retail and other resort amenities. All of its casino resorts operate 24 hours a day, every day of the year, with the exception of Grand Victoria which operates 22 hours a day, every day of the year. At its wholly owned domestic resorts, the Company's primary casino and hotel operations are owned and managed by the Company.

Bid/Size
-- / --
Ask/Size
-- / --
Price Open
13.00
Previous Close
12.96
Day High
13.20
Day Low
13.00
52wk High/Date
14.65 / 3/28/2012
52wk Low/Date
8.83 / 8/2/2012
% off 52wk High
-10.24%
% off 52wk Low
48.92%
Beta (5 Yr)
3.7
Market Capitalization
6.4B
Shares Outstanding
489.3M
Volatility Avg
34.67
EPS(TTM)
-3.61
P/E Ratio
Not Meaningful
Dividend Announcement
--
Dividend Yield
0.00%
Ex-Date
--
Date of Record
--
Payable
0.00 - --
Payable Date
--
Last Trade as of 3/28/2013 4:00 PM ET
 
 
 

MGM MGM Resorts International vs. Peers

Peers 
MGM
MGM Resorts International
11.34%
Wynn Resorts, Limited
10.35%
Boyd Gaming Corporation
30.42%
Pinnacle Entertainment, Inc
-5.18%
MGM
MGM Resorts International
0.00%
Wynn Resorts, Limited
3.22%
Boyd Gaming Corporation
--
Pinnacle Entertainment, Inc
--
MGM
MGM Resorts International
1.47%
Wynn Resorts, Limited
0.83%
Boyd Gaming Corporation
-4.50%
Pinnacle Entertainment, Inc
-2.60%
Compare these stocks