NYSE:MGP - MGM Growth Properties Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MGM Growth Properties LLC Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $30.00 +0.14 (+0.47 %) (As of 12/8/2019 02:33 AM ET) Add Compare Today's Range$29.75Now: $30.00▼$30.1050-Day Range$29.89MA: $31.18▼$32.7952-Week Range$25.50Now: $30.00▼$33.30Volume1.91 million shsAverage Volume916,892 shsMarket Capitalization$2.87 billionP/E Ratio13.45Dividend Yield6.30%Beta0.47 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider 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. Read More… Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:MGP Previous Symbol CUSIPN/A CIK1656936 Webhttp://www.mgmgrowthproperties.com/ Phone702-669-1480Debt Debt-to-Equity Ratio0.81 Current Ratio1.58 Quick Ratio1.58Price-To-Earnings Trailing P/E Ratio13.45 Forward P/E Ratio13.39 P/E Growth8.52 Sales & Book Value Annual Sales$1.00 billion Price / Sales2.87 Cash Flow$4.77 per share Price / Cash Flow6.29 Book Value$82.43 per share Price / Book0.36Profitability EPS (Most Recent Fiscal Year)$2.23 Net Income$67.07 million Net Margins8.24% Return on Equity1.31% Return on Assets0.70%Miscellaneous EmployeesN/A Outstanding Shares95,807,000Market Cap$2.87 billion Next Earnings Date2/13/2020 (Estimated) OptionableOptionable 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. MGP Rates by TradingView 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 declared a quarterly dividend on Friday, September 13th. Investors of record on Monday, September 30th will be paid a dividend of $0.47 per share on Tuesday, October 15th. This represents a $1.88 dividend on an annualized basis and a yield of 6.27%. The ex-dividend date of this dividend is Friday, September 27th. This is an increase from MGM Growth Properties's previous quarterly dividend of $0.47. View MGM Growth Properties' Dividend History. How were MGM Growth Properties' earnings last quarter? MGM Growth Properties LLC (NYSE:MGP) issued its quarterly earnings results on Tuesday, November, 5th. The financial services provider reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.59 by $0.35. The financial services provider had revenue of $226.01 million for the quarter, compared to analysts' expectations of $227.29 million. MGM Growth Properties had a return on equity of 1.31% and a net margin of 8.24%. The firm's quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 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 Thursday, February 13th 2020. View Earnings Estimates for MGM Growth Properties. What price target have analysts set for MGP? 10 brokers have issued 1-year price objectives for MGM Growth Properties' stock. Their forecasts range from $31.00 to $39.00. On average, they expect MGM Growth Properties' stock price to reach $34.44 in the next year. This suggests a possible upside of 14.8% 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 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MGM Growth Properties. What are Wall Street analysts saying about MGM Growth Properties stock? Here are some recent quotes from research analysts about MGM Growth Properties stock: 1. According to Zacks Investment Research, "MGM Growth Properties LLC is a real estate investment trust. The company is engaged in the acquisition, ownership and leasing of destination entertainment and leisure resorts which include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGM Growth Properties LLC is based in Las Vegas, Nevada. " (11/8/2019) 2. Nomura analysts commented, "We expect the company’s risk profile to continue to improve as EPRT grows its portfolio and enhances its portfolio diversification." (8/8/2019) Has MGM Growth Properties been receiving favorable news coverage? Media coverage about MGP stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MGM Growth Properties earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for MGM Growth Properties. Who are some of MGM Growth Properties' key competitors? Some companies that are related to MGM Growth Properties include VICI Properties (VICI), Klepierre (KLPEF), Medical Properties Trust (MPW), Regency Centers (REG), Camden Property Trust (CPT), Vereit (VER), Federal Realty Investment Trust (FRT), Liberty Property Trust (LPT), Iron Mountain (IRM), National Retail Properties (NNN), AGNC Investment (AGNC), Omega Healthcare Investors (OHI), Store Capital (STOR), SINO LD LTD/S (SNLAY) and Gaming and Leisure Properties (GLPI). 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 AT&T (T), Verizon Communications (VZ), New Residential Investment (NRZ), Blackstone Group (BX), Johnson & Johnson (JNJ), Main Street Capital (MAIN), Enterprise Products Partners (EPD), ARBOR RLTY TR I/SH (ABR), Exxon Mobil (XOM) and Omega Healthcare Investors (OHI). 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 on Wednesday, April 20th 2016. The company issued 50,000,000 shares at $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 investors include Wedge Capital Management L L P NC (2.08%), Millennium Management LLC (1.95%), Point72 Asset Management L.P. (0.53%), Timbercreek Investment Management Inc. (0.51%), Deroy & Devereaux Private Investment Counsel Inc. (0.50%) and State Street Corp (0.29%). View Institutional Ownership Trends for MGM Growth Properties. Which major investors are selling MGM Growth Properties stock? MGP stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Russell Investments Group Ltd., V3 Capital Management L.P., Timbercreek Investment Management Inc., Stifel Financial Corp, LDR Capital Management LLC, Deroy & Devereaux Private Investment Counsel Inc. and Dean Capital Investments Management LLC. View Insider Buying and Selling for MGM Growth Properties. Which major investors are buying MGM Growth Properties stock? MGP stock was bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., State of New Jersey Common Pension Fund D, Man Group plc, State Street Corp, Wellington Shields Capital Management LLC, First Trust Advisors LP, California Public Employees Retirement System and Barclays PLC. 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, Robinhood, Fidelity and Charles Schwab. What is MGM Growth Properties' stock price today? One share of MGP stock can currently be purchased for approximately $30.00. How big of a company is MGM Growth Properties? MGM Growth Properties has a market capitalization of $2.87 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. View Additional Information About MGM Growth Properties. 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: 276 (Vote Outperform)Underperform Votes: 243 (Vote Underperform)Total Votes: 519MarketBeat'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 12/8/2019 by MarketBeat.com StaffFeatured Article: How does a security become overbought?