Logo image of MGP

MGM Growth Properties LLC (MGP) Stock Price, Forecast & Analysis

USA - New York Stock Exchange - NYSE:MGP - US55303A1051 - REIT

41.64
+1.26 (+3.12%)
Last: 4/28/2022, 8:13:32 PM
41.73
+0.09 (+0.22%)
After Hours: 4/28/2022, 8:13:32 PM

MGP Key Statistics, Chart & Performance

Key Statistics
Market Cap6.53B
Revenue(TTM)789.66M
Net Income(TTM)215.33M
Shares156.75M
Float156.14M
52 Week High43.19
52 Week Low33.43
Yearly Dividend2.06
Dividend Yield5.09%
EPS(TTM)1.36
PE30.62
Fwd PE29.33
Earnings (Next)08-04 2022-08-04
IPO2016-04-20
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS SubIndustrySpecialized REITs


MGP short term performance overview.The bars show the price performance of MGP in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 2 4 6 8

MGP long term performance overview.The bars show the price performance of MGP in the last 1, 2 and 3 years. 1 year 2 years 3 years 5 10 15

The current stock price of MGP is 41.64 null. In the past month the price increased by 5.85%. In the past year, price increased by 15.6%.

MGM Growth Properties LLC / MGP Daily stock chart

MGP Latest News, Press Relases and Analysis

MGP Competitors/Peers

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About MGP

Company Profile

MGP logo image MGM Growth Properties LLC operates as real estate investment trust, which engages in the acquisition, ownership and leasing of destination entertainment and leisure resorts. The company is headquartered in Las Vegas, Nevada and currently employs 3 full-time employees. The company went IPO on 2016-04-20. Its portfolio consists of approximately 12 destination resorts. The company has over seven entertainment and gaming-related properties located on the Las Vegas Strip, including Mandalay Bay, MGM Grand Las Vegas, The Mirage, Park MGM, New York-New York, Luxor and Excalibur, and The Park, a dining and entertainment district located between New York-New York and Park MGM. Outside of Las Vegas, it owns over six casino resort properties, including MGM Grand Detroit in Detroit, Michigan, Beau Rivage and Gold Strike Tunica, both of which are located in Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts.

Company Info

MGM Growth Properties LLC

1980 Festival Plaza Dr Ste 750

Las Vegas NEVADA 89135 US

CEO: James C. Stewart

Employees: 3

MGP Company Website

Phone: 17026691480.0

MGM Growth Properties LLC / MGP FAQ

What does MGP do?

MGM Growth Properties LLC operates as real estate investment trust, which engages in the acquisition, ownership and leasing of destination entertainment and leisure resorts. The company is headquartered in Las Vegas, Nevada and currently employs 3 full-time employees. The company went IPO on 2016-04-20. Its portfolio consists of approximately 12 destination resorts. The company has over seven entertainment and gaming-related properties located on the Las Vegas Strip, including Mandalay Bay, MGM Grand Las Vegas, The Mirage, Park MGM, New York-New York, Luxor and Excalibur, and The Park, a dining and entertainment district located between New York-New York and Park MGM. Outside of Las Vegas, it owns over six casino resort properties, including MGM Grand Detroit in Detroit, Michigan, Beau Rivage and Gold Strike Tunica, both of which are located in Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts.


What is the current price of MGP stock?

The current stock price of MGP is 41.64 null. The price increased by 3.12% in the last trading session.


Does MGP stock pay dividends?

MGM Growth Properties LLC (MGP) has a dividend yield of 5.09%. The yearly dividend amount is currently 2.06.


What is the ChartMill technical and fundamental rating of MGP stock?

MGP has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 3 out of 10.


Where is MGM Growth Properties LLC (MGP) stock traded?

MGP stock is listed on the New York Stock Exchange exchange.


What sector and industry does MGM Growth Properties LLC belong to?

MGM Growth Properties LLC (MGP) operates in the Real Estate sector and the Diversified REITs industry.


What is the market capitalization of MGP stock?

MGM Growth Properties LLC (MGP) has a market capitalization of 6.53B null. This makes MGP a Mid Cap stock.


MGP Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to MGP. When comparing the yearly performance of all stocks, MGP is one of the better performing stocks in the market, outperforming 91.16% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

MGP Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to MGP. There are concerns on the financial health of MGP while its profitability can be described as average.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MGP Financial Highlights

Over the last trailing twelve months MGP reported a non-GAAP Earnings per Share(EPS) of 1.36. The EPS decreased by -0.73% compared to the year before.


Industry RankSector Rank
PM (TTM) 27.27%
ROA 2.08%
ROE 6.8%
Debt/Equity 1.32
Chartmill High Growth Momentum
EPS Q2Q%0%
Sales Q2Q%3.93%
EPS 1Y (TTM)-0.73%
Revenue 1Y (TTM)1.6%

MGP Forecast & Estimates

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.

For the next year, analysts expect an EPS growth of 11.4% and a revenue growth 5.61% for MGP


Analysts
Analysts69.09
Price Target42.02 (0.91%)
EPS Next Y11.4%
Revenue Next Year5.61%

MGP Ownership

Ownership
Inst Owners0.31%
Ins Owners0.05%
Short Float %N/A
Short RatioN/A