MGM Growth Properties LLC (MGP) |
| 41.64 1.26 (3.12%) 04-24 15:47 |
| Open: | 40.33 |
| High: | 42.2758 |
| Low: | 40.34 |
| Volume: | 3,587,233 |
| Market Cap: | 0(M) |
| PE Ratio: | 30.91 |
| Exchange: | New York Stock Exchange |
| Industry: | REIT - Diversified |
| Sector: | Real Estate |
| Technical analysis | ||||
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| sell | buy | |||
| Resistance 2: | 7.50 |
| Resistance 1: | 6.31 |
| Pivot price: | 5.28 |
| Support 1: | 4.38 |
| Support 2: | 3.64 |
| 52w High: | 43.19 |
| 52w Low: | 35.444 |
MGM Growth Properties LLC, traded publicly as MGP on the NYSE, is a prominent real estate investment trust (REIT). Its primary business involves acquiring, holding, and leasing large-scale entertainment and leisure destination resorts. These properties boast a comprehensive range of offerings, such as casino gambling, hotel accommodations, convention areas, diverse dining establishments, entertainment venues, and retail outlets. Currently, MGP, along with its joint venture, possesses a significant portfolio. This includes a dozen top-tier destination resorts located in various parts of the United States, including Las Vegas. Specific assets in its holdings are MGM Northfield Park in Ohio, Empire Resort Casino in New York, and The Park, an entertainment and retail complex also situated in Las Vegas. By the end of 2019, specifically December 31st, the combined extent of these properties – encompassing the destination resorts, The Park, Empire Resort Casino, and MGM Northfield Park – featured approximately 27,400 hotel rooms, 1.4 million square feet dedicated to casino operations, and 2.7 million square feet for convention facilities. Operating as a public real estate entity focused on expansion, MGP anticipates leveraging its strategic alliance with MGM Resorts and other entertainment providers. This positioning is expected to facilitate the acquisition of further assets across the broad entertainment, hospitality, and leisure sectors.
| EPS | 0.000 |
| Book Value | 0.000 |
| PEG Ratio | 0.00 |
| Gross Profit | 0.000 |
| Profit Margin (%) | 0.00 |
| Operating Margin (%) | 0.00 |
| Return on Assets (ttm) | 0.0 |
| Return on Equity (ttm) | 0.0 |
Tue, 03 May 2022
VICI Properties completes $17.2B acquisition of MGM Growth Properties - hotelbusiness.com
Tue, 17 Aug 2021
Real Estate Insider: With $17.2 billion bet, two rival Detroit casinos will share the same landlord - Crain's Detroit
Wed, 04 Aug 2021
VICI Properties to Acquire MGM Growth Properties in $17.2 Billion Deal - Nareit
Tue, 14 Jan 2020
More Las Vegas Acquisitions: MGM Grand, Mandalay Bay Casinos Sold For $4.6 Billion - International Business Times
Mon, 01 Apr 2019
MGM completes Northfield Park acquisition - Smart Business Dealmakers
Fri, 06 Jul 2018
MGM Growth Properties Completes Acquisition of The Hard Rock Rocksino Northfield Park - PR Newswire
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