NYSE:MGP - MGM Growth Properties Stock Price, Price Target & More

MGM Growth Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "MGP."

MGM Growth Properties declared a quarterly dividend on Thursday, March 15th. Shareholders of record on Friday, March 30th will be paid a dividend of $0.42 per share on Friday, April 13th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 6.04%. The ex-dividend date of this dividend is Wednesday, March 28th. View MGM Growth Properties' Dividend History.

MGM Growth Properties (NYSE:MGP) posted its quarterly earnings data on Tuesday, February, 20th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.53 by $0.01. The financial services provider earned $214.50 million during the quarter, compared to analysts' expectations of $207.74 million. MGM Growth Properties had a return on equity of 0.73% and a net margin of 5.46%. The business's revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.47 earnings per share. View MGM Growth Properties' Earnings History.

MGM Growth Properties is scheduled to release their next quarterly earnings announcement on Thursday, April, 26th 2018. View Earnings Estimates for MGM Growth Properties.

9 equities research analysts have issued twelve-month price objectives for MGM Growth Properties' stock. Their predictions range from $29.00 to $35.00. On average, they expect MGM Growth Properties' share price to reach $31.2222 in the next twelve months. View Analyst Ratings for MGM Growth Properties.

Some companies that are related to MGM Growth Properties include Equity Lifestyle Properties (ELS), Gaming and Leisure Properties (GLPI), AGNC Investment (AGNC), Sun Communities (SUI), Kilroy Realty (KRC), Vici Properties (VICI), W. P. Carey (WPC), VEREIT (VER), Apartment Inv & Mgmt (AIV), Douglas Emmett (DEI), RioCan Real Estate Investment Trust (RIOCF), Howard Hughes (HHC), Liberty Property Trust (LPT), National Retail Properties (NNN) and Kimco Realty (KIM).

(MGP) raised $975 million in an initial public offering 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.

News articles about MGP stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MGM Growth Properties earned a media sentiment score of 0.03 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 46.08 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

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.

One share of MGP stock can currently be purchased for approximately $27.82.

MGM Growth Properties has a market capitalization of $1.96 billion and generates $765.70 million in revenue each year. The financial services provider earns $41.77 million in net income (profit) each year or $2.01 on an earnings per share basis.

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]