NYSE:MGP - MGM Growth Properties Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $32.22 -0.20 (-0.62 %) (As of 04/22/2019 04:00 PM ET)Previous Close$32.42Today's Range$32.12 - $32.4352-Week Range$25.50 - $33.30Volume22,908 shsAverage Volume927,894 shsMarket Capitalization$2.83 billionP/E Ratio14.45Dividend Yield5.74%Beta0.53 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email MGM Growth Properties LLC (NYSE:MGP) is one of the leading publicly traded real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGP currently owns a portfolio of properties, consisting of 11 premier destination resorts in Las Vegas and elsewhere across the United States, the Hard Rock Rocksino Northfield Park in Northfield, OH, Empire Resort Casino in Yonkers, NY, as well as a retail and entertainment district, The Park in Las Vegas. As of December 31, 2018, our destination resorts, the Park, and Northfield Park collectively comprise approximately 27,500 hotel rooms, 2.7 million convention square footage, 150 retail outlets, 300 food and beverage outlets and 20 entertainment venues. As a growth-oriented public real estate entity, MGP expects its relationship with MGM Resorts and other entertainment providers to attractively position MGP for the acquisition of additional properties across the entertainment, hospitality and leisure industries. Receive MGP News and Ratings via Email Sign-up to receive the latest news and ratings for MGP and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:MGP Previous Symbol CUSIPN/A CIK1656936 Webwww.mgmgrowthproperties.com Phone702-669-1480Debt Debt-to-Equity Ratio0.80 Current Ratio0.99 Quick Ratio0.99Price-To-Earnings Trailing P/E Ratio14.45 Forward P/E Ratio14.38 P/E Growth2.88 Sales & Book Value Annual Sales$1.00 billion Price / Sales2.83 Cash Flow$4.8892 per share Price / Cash Flow6.59 Book Value$82.43 per share Price / Book0.39Profitability EPS (Most Recent Fiscal Year)$2.23 Net Income$67.07 million Net Margins6.69% Return on Equity1.13% Return on Assets0.63%Miscellaneous EmployeesN/A Outstanding Shares87,910,000Market Cap$2.83 billion Next Earnings Date4/30/2019 (Confirmed) OptionableOptionable MGM Growth Properties (NYSE:MGP) Frequently Asked Questions What is MGM Growth Properties' stock symbol? MGM Growth Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGP." How often does MGM Growth Properties pay dividends? What is the dividend yield for MGM Growth Properties? MGM Growth Properties announced a quarterly dividend on Friday, March 15th. Investors of record on Friday, March 29th will be given a dividend of $0.465 per share on Monday, April 15th. This represents a $1.86 annualized dividend and a yield of 5.77%. The ex-dividend date of this dividend is Thursday, March 28th. This is a positive change from MGM Growth Properties's previous quarterly dividend of $0.45. View MGM Growth Properties' Dividend History. How were MGM Growth Properties' earnings last quarter? MGM Growth Properties LLC (NYSE:MGP) issued its earnings results on Thursday, February, 14th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.33. The financial services provider had revenue of $284 million for the quarter, compared to analyst estimates of $283.16 million. MGM Growth Properties had a return on equity of 1.13% and a net margin of 6.69%. The firm's revenue was up 32.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 EPS. View MGM Growth Properties' Earnings History. When is MGM Growth Properties' next earnings date? MGM Growth Properties is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for MGM Growth Properties. What price target have analysts set for MGP? 10 analysts have issued twelve-month target prices for MGM Growth Properties' shares. Their predictions range from $28.00 to $37.00. On average, they anticipate MGM Growth Properties' stock price to reach $32.8889 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price. View Analyst Price Targets for MGM Growth Properties. What is the consensus analysts' recommendation for MGM Growth Properties? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGM Growth Properties in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MGM Growth Properties. Has MGM Growth Properties been receiving favorable news coverage? Media coverage about MGP stock has been trending somewhat positive this week, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. MGM Growth Properties earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next few days. Who are some of MGM Growth Properties' key competitors? Some companies that are related to MGM Growth Properties include Regency Centers (REG), Gecina (GECFF), Klepierre (KLPEF), Duke Realty (DRE), Sun Communities (SUI), Equity Lifestyle Properties (ELS), Iron Mountain (IRM), Camden Property Trust (CPT), Federal Realty Investment Trust (FRT), AGNC Investment (AGNC), VICI Properties (VICI), Gaming and Leisure Properties (GLPI), National Retail Properties (NNN), Lamar Advertising (LAMR) and Vereit (VER). What other stocks do shareholders of MGM Growth Properties own? Based on aggregate information from My MarketBeat watchlists, some companies that other MGM Growth Properties investors own include Johnson & Johnson (JNJ), AT&T (T), Cisco Systems (CSCO), New Residential Investment (NRZ), Verizon Communications (VZ), Exxon Mobil (XOM), Blackstone Group (BX), Alibaba Group (BABA), Bank of America (BAC) and Mcdonald's (MCD). Who are MGM Growth Properties' key executives? MGM Growth Properties' management team includes the folowing people: Mr. James C. Stewart, Chief Exec. Officer (Age 53)Mr. Andy H. Chien, CFO & Treasurer (Age 43)Mr. Andrew Hagopian III, Sec.Knicks Lau, Controller When did MGM Growth Properties IPO? (MGP) raised $975 million in an initial public offering (IPO) on Wednesday, April 20th 2016. The company issued 50,000,000 shares at a price of $18.00-$21.00 per share. BofA Merrill Lynch, J.P. Morgan, Morgan Stanley, Evercore ISI, Barclays, Citigroup and Deutsche Bank Securities acted as the underwriters for the IPO and BNP PARIBAS, Fifth Third Securities, SMBC Nikko, SunTrust Robinson Humphrey, Credit Agricole CIB, Union Gaming and Scotiabank were co-managers. Who are MGM Growth Properties' major shareholders? MGM Growth Properties' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Timbercreek Investment Management Inc. (0.56%), Deroy & Devereaux Private Investment Counsel Inc. (0.40%), Chartwell Investment Partners LLC (0.21%) and First Hawaiian Bank (0.00%). View Institutional Ownership Trends for MGM Growth Properties. Which institutional investors are buying MGM Growth Properties stock? MGP stock was acquired by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., Deroy & Devereaux Private Investment Counsel Inc., Chartwell Investment Partners LLC and First Hawaiian Bank. View Insider Buying and Selling for MGM Growth Properties. How do I buy shares of MGM Growth Properties? Shares of MGP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is MGM Growth Properties' stock price today? One share of MGP stock can currently be purchased for approximately $32.22. How big of a company is MGM Growth Properties? MGM Growth Properties has a market capitalization of $2.83 billion and generates $1.00 billion in revenue each year. The financial services provider earns $67.07 million in net income (profit) each year or $2.23 on an earnings per share basis. What is MGM Growth Properties' official website? The official website for MGM Growth Properties is http://www.mgmgrowthproperties.com. How can I contact MGM Growth Properties? MGM Growth Properties' mailing address is 1980 FESTIVAL PLAZA DRIVE SUITE 750, LAS VEGAS NV, 89135. The financial services provider can be reached via phone at 702-669-1480 or via email at [email protected] MarketBeat Community Rating for MGM Growth Properties (NYSE MGP)Community Ranking: 2.7 out of 5 ( )Outperform Votes: 235 (Vote Outperform)Underperform Votes: 194 (Vote Underperform)Total Votes: 429MarketBeat's community ratings are surveys of what our community members think about MGM Growth Properties and other stocks. Vote "Outperform" if you believe MGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGP will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 4/22/2019 by MarketBeat.com StaffFeatured Article: How are the companies in the S&P 500 selected?