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MGM Growth Properties LLC

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, together with its joint venture, currently owns a portfolio of properties, consisting of 13 premier destination resorts in Las Vegas and elsewhere across the United States, MGM 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, 2021, MGP's portfolio of destination resorts, the Park, Empire Resort Casino, and MGM Northfield Park collectively comprised approximately 32,700 hotel rooms, 1.7 million casino square footage, and 3.6 million convention square footage. 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.

Market Cap

$6.5B

Volume

1.0M

Cash and Equivalents

$7.6M

EBITDA

$846.3M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$864.3M

Profit Margin

97.07%

52 Week High

$43.19

52 Week Low

$33.43

Dividend

N/A

Price / Book Value

2.06

Price / Earnings

30.32

Price / Tangible Book Value

2.09

Enterprise Value

N/A

Enterprise Value / EBITDA

N/A

Operating Income

$606.0M

Return on Equity

6.89%

Return on Assets

3.71

Cash and Short Term Investments

$7.6M

Debt

$4.5B

Equity

$5.4B

Revenue

$890.4M

Unlevered FCF

$650.0M

Sector

Hotel and Resort REITs

Category

N/A

Hedge Funds that own this stock

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