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MGM Resorts International (MGM)

NYSE - Nasdaq Real Time Price. Currency in USD
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44.91-0.18 (-0.40%)
As of 10:34AM EDT. Market open.
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Trade prices are not sourced from all markets
Previous Close45.09
Open45.04
Bid45.03 x 800
Ask45.01 x 800
Day's Range44.71 - 45.39
52 Week Range19.55 - 46.07
Volume1,346,552
Avg. Volume6,377,439
Market Cap21.641B
Beta (5Y Monthly)2.45
PE Ratio (TTM)N/A
EPS (TTM)-2.56
Earnings DateOct. 27, 2021 - Nov. 01, 2021
Forward Dividend & Yield0.01 (0.02%)
Ex-Dividend DateSep. 09, 2021
1y Target Est48.54
  • Motley Fool

    Blackstone Just Sold the Cosmopolitan in Las Vegas -- Well, Sort of

    It was only a few weeks ago that we learned that investment firm Blackstone Group (NYSE: BX) was looking to unload the Cosmopolitan on the Las Vegas Strip, with an asking price of at least $5 billion. Well, we just found out that Blackstone has officially found a buyer for the massive property -- sort of. Here's an overview of the deal that Blackstone has made with one of the largest gaming companies in the world and what it means for the gaming industry.

  • Reuters

    UPDATE 1-Blackstone to sell The Cosmopolitan resort and casino for $5.65 billion

    Blackstone Inc said on Monday it would sell its The Cosmopolitan of Las Vegas resort and casino for $5.65 billion. As part of the deal, MGM Resorts International would buy the operations of The Cosmopolitan for $1.63 billion. MGM would also enter into a long-term lease agreement with a partnership among Stonepeak Partners, Cherng Family Trust and Blackstone Real Estate Income Trust Inc, which will acquire The Cosmopolitan's real estate assets.

  • Reuters

    Blackstone to sell The Cosmopolitan resort and casino for $5.65 billion

    As part of the deal, MGM Resorts International would buy the operations of The Cosmopolitan for $1.63 billion. MGM would also enter into a long-term lease agreement with a partnership among Stonepeak Partners, Cherng Family Trust and Blackstone Real Estate Income Trust Inc, which will acquire The Cosmopolitan's real estate assets. Blackstone had acquired the property for about $1.7 billion in 2014 and spent $500 million on upgrades, including renovating nearly 3,000 guest rooms and adding new restaurants and bars.