2024 Oil Boom
There is a much better way to profit from oil in 2024. It's NOT oil stocks, futures, or anything you've likely heard about. In fact, one man used it build a small $1,000 investment into a $100,000 income stream over fifty years.
Shares Stats
| Shares Outstanding | 493,939,008 |
| Shares Float | 401,207,306 |
| Shares Short | 13,404,155 |
| Insider Holdings | 1272% |
| Institution Holdings | 66.33% |
About MGM Resorts International
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
General
| Name | MGM Resorts International |
| Ticker | MGM |
| Exchange | NYSE |
| Sector | Consumer Cyclical |
| Industry | Resorts & Casinos |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 45,000 |
Highlights
| Analyst Target | 35.01 |
| Market Cap | 20,402,788,352 |
| PE Ratio | 12.97 |
| PEG Ratio | 4.20 |
| EBITDA | 762,585,984 |
Financials
| Curr Year EPS Estimate | -1.89 |
| Next Quarter EPS Estimate | -0.69 |
| Profit Margin | -0.21 |
| Return on Assets | -0.04 |
| Return on Equity | -0.11 |
| Revenue | 4,917,132,800 |
| Earnings Per Share | -2.02 |
| Revenue Per Share | 9.95 |
| Gross Profit | 1,709,371,000 |
| Quarterly Revenue Growth | -0.55 |
Valuation
| Trailing PE | 12.38 |
| Forward PE | 47.62 |
| Price/Sales (Trailing 12 Mt.) | 3.72 |
| Price/Book (Most Recent Quarter) | 2.95 |
Earnings
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