Hi! 👋 We have a new venture. Please check out Satire Labs 😉.
The funniest way to turn your $100 to $1 million. ⛴️ 🚢.
Note: This is a joke. Kinda. We really do think you'll make money 😎🙂

What is MGM's Long-term Investments?

  MGM Resorts International ( MGM ) |
2005 - 2021 (17 years)

Long-term Investments is 
$5.9B (1Y +27.0% )

MGM Stock Price & Long-term Investments

Long-term Investments for MGM competitors.
MCRI PENN CNTY WYNN MLCO BYD LVS
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Long-term Investments

chevron_right 2021 $1.4B -0.5x
( -3.5% / year avg)
chevron_left 2005 $2.7B
vertical_align_top Peak $17.5B +11.1x
vertical_align_bottom Bottom $1.4B
arrow_drop_up # Up Years 8 8 of 17
years up.
arrow_drop_down # Down Years 9
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • MGM's stock price has rallied +807% from $2.54 in 2005 , or -14.1x faster than it's long-term investments over the same period.
  • If MGM shrinks it's stock at the same rate as it's long-term investments (-3.5%/year) , it's stock price will shrink +70.0% and hit $16.15 over the next 10 years.
  • MGM's stock price has gone up 3 of the 8 years (+37%) it's long-term investments were also up.
  • MGM Historical Long-term Investments Table
    in $ million
    Year Long-term Investments YoY % Change Stock Price YoY % Change (Stock Price)
    4/1/2021 $1,447 -73.0% $23.06 34.2%
    4/1/2020 $5,360 80.5% $17.18 -29.3%
    4/1/2019 $2,969 -18.3% $24.3 -19.7%
    4/1/2018 $3,634 -18.5% $30.26 0.5%
    4/1/2017 $4,461 -19.3% $30.11 39.4%
    4/1/2016 $5,530 -11.5% $21.6 14.0%
    4/1/2015 $6,248 8.3% $18.95 -22.1%
    4/1/2014 $5,767 1.1% $24.34 69.7%
    4/1/2013 $5,704 -8.2% $14.34 40.1%
    4/1/2012 $6,213 -13.9% $10.24 -28.1%
    4/1/2011 $7,214 -36.4% $14.25 20.9%
    4/1/2010 $11,338 -35.1% $11.78 67.0%
    4/1/2009 $17,476 74.6% $7.05 -84.8%
    4/1/2008 $10,011 127.0% $46.52 -38.1%
    4/1/2007 $4,410 9.4% $75.18 91.8%
    4/1/2006 $4,032 51.9% $39.19 8.8%
    4/1/2005 $2,654 - $36.01 -

  • About
    Industry: Resorts & Casinos
    Sector: Consumer Cyclical
    Country: US
    IPO Date: 12/13/1989
    Stonk Exchange: NYSE
    • MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts.
    • The company is headquartered in Las Vegas, Nevada and currently employs 55,000 full-time employees.
    • The Company, through its subsidiaries, owns and operates casino resorts.
    • The firm operates in two segments: domestic resorts and MGM China.
    • Its domestic resorts segment consists of non-gaming operations, including hotel, food and beverage, entertainment and other non-gaming amenities.
    • Its casino operations feature a range of slots, table games, and race and sports book wagering.
    • Its MGM China’s operations consist of the MGM Macau resort and casino, and the development of an integrated casino, hotel and entertainment resort on the Cotai Strip in Macau.
    • Under its resort operation, the Company's casino resorts offer gaming, hotel, convention, dining, entertainment, retail and other resort amenities.
    • The company owns Primm Valley Golf Club at the California/Nevada state line and Fallen Oak golf course in Saucier, Mississippi, among others.

  • A long-term investment is an account on the asset side of a company's balance sheet that represents the company's investments, including stocks, bonds, real estate, and cash. Long-term investments are assets that a company intends to hold for more than a year.

    For more detailed definitions, please see Investopedia.