MGM Growth Properties LLC (MGP) Forecast, Price Target & Analyst Ratings

NYSE:MGP • US55303A1051

Current stock price

41.64
+1.26 (+3.12%)
At close:
41.73
+0.09 (+0.22%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MGM Growth Properties LLC (MGP).

Forecast Snapshot

Consensus Price Target

Price Target
$42.02
+ 0.92% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Aug 4, 2022
Period
Q2 / 2022
EPS Estimate
$0.35
Revenue Estimate
201.032M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
69.09%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$42.02
Upside
+ 0.92%
From current price of $41.64 to mean target of $42.02, Based on 11 analyst forecasts
Low
$37.37
Median
$43.35
High
$46.20

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for MGP. The average price target is 42.02 null. This implies a price increase of 0.92% is expected in the next year compared to the current price of 41.64.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MGP Current Analyst RatingMGP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

MGP Historical Analyst RatingsMGP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
69.09%
MGP was analyzed by 11 analysts. The buy percentage consensus is at 69. So analysts seem to be have mildly positive about MGP.
In the previous month the buy percentage consensus was at a similar level.
MGP was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2021-12-06MacquarieDowngrade Outperform -> Neutral
2021-09-28KeybancDowngrade Overweight -> Sector Weight
2021-06-15Wolfe ResearchInitiate Peer Perform
2021-05-04Morgan StanleyMaintains Equal-Weight
2021-03-15KeybancInitiate Overweight
2021-02-18Morgan StanleyMaintains Equal-Weight
2021-02-17Raymond JamesMaintains Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Aug 4, 2022
Period
Q2 / 2022
EPS Estimate
$0.35
Revenue Estimate
201.032M
Revenue Q2Q
3.44%
EPS Q2Q
23.54%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

MGP is expected to report earnings on 8/4/2022. The consensus EPS estimate for the next earnings is 0.35 null and the consensus revenue estimate is 201.03M null.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
MGP revenue by date.MGP revenue by date.
881.1M
1.33%		792.6M
-10.04%		782.063M
-1.33%		835.879M
6.88%		838.981M
0.37%		855.515M
1.97%		881.098M
2.99%
EBITDA
YoY % growth
MGP ebitda by date.MGP ebitda by date.
840.9M
14.69%		752.9M
-10.46%		740.36M
-1.67%		N/AN/AN/AN/A
EBIT
YoY % growth
MGP ebit by date.MGP ebit by date.
546.2M
17.06%		516M
-5.53%		504.875M
-2.16%		N/AN/AN/AN/A
Operating Margin
MGP operating margin by date.MGP operating margin by date.
61.99%65.10%64.56%N/AN/AN/AN/A
EPS
YoY % growth
MGP eps by date.MGP eps by date.
1.00
7.53%		0.54
-46.00%		1.36
151.85%		1.52
11.40%		1.42
-6.30%		1.43
0.89%		1.46
1.90%

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 22 Q3 / 22 Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth		0.35
23.54%		0.35
11.75%		0.34
3.45%		0.33
-25.17%		0.34
-2.48%		0.34
-2.62%		0.34
-1.18%
Revenue
Q2Q % growth		201.032M
3.44%		201.537M
3.70%		201.537M
1.26%		196.125M
-2.88%		197.924M
-1.55%		197.924M
-1.79%		197.924M
-1.79%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/A

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MGP Yearly Revenue VS EstimatesMGP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
MGP Yearly EPS VS EstimatesMGP Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
1.74%
EPS Next 5 Year
1.78%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.63%
Revenue Next 5 Year
2.72%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MGM Growth Properties LLC / MGP Forecast FAQ

Can you provide the average price target for MGM Growth Properties LLC stock?

11 analysts have analysed MGP and the average price target is 42.02 null. This implies a price increase of 0.92% is expected in the next year compared to the current price of 41.64.

Can you provide the upcoming earnings date for MGM Growth Properties LLC?

MGM Growth Properties LLC (MGP) will report earnings on 2022-08-04.

What are the consensus estimates for MGP stock next earnings?

The consensus EPS estimate for the next earnings of MGM Growth Properties LLC (MGP) is 0.35 null and the consensus revenue estimate is 201.03M null.

What is the consensus rating for MGM Growth Properties LLC (MGP) stock?

The consensus rating for MGM Growth Properties LLC (MGP) is 69.0909 / 100 . This indicates that analysts generally have a neutral outlook on the stock.