MGM Resorts International is a holding company. Co., through subsidiaries, is a global gaming and entertainment company with domestic and international locations. Co.'s segments include Las Vegas Strip Resorts, Regional Operations, and MGM China. The Las Vegas Strip Resorts segment consists of casino resorts: Aria (including Vdara), Bellagio, The Cosmopolitan of Las Vegas; MGM Grand Las Vegas, Mandalay Bay (including Delano and Four Seasons), Luxor, New York-New York (including The Park), Excalibur, and Park MGM (including NoMad Las Vegas). We show 62 historical shares outstanding datapoints in our MGM shares outstanding history coverage, used to compute MGM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MGM market cap history over the course of time is important for investors
interested in comparing MGM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MGM versus a peer is one thing; comparing
MGM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MGM can fluctuate over the course of history.
With this page we aim to empower investors researching MGM by allowing them to research the MGM market cap history. |
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Video: The Importance of Market Cap
