MGM Growth Properties LLC (NYSE: MGP) started the day on September 29, 2020, with a price decrease of -1.70% at $28.25. During the day, the stock rose to $28.53 and sunk to $27.88 before settling in for the price of $28.74 at the close. Taking a more long-term approach, MGP posted a 52-week range of $11.43-$34.37.
Meanwhile, its Annual Earning per share during the time was 16.99%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 10.70%. This publicly-traded company’s shares outstanding now amounts to $131.53 million, simultaneously with a float of $130.97 million. The organization now has a market capitalization sitting at $12.97 billion. At the time of writing, stock’s 50-day Moving Average stood at $28.13, while the 200-day Moving Average is $27.50.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 4 employees. It has generated 221,669,250 per worker during the last fiscal year. Meanwhile, its income per employee was 21,369,500. The stock had 114.00 Receivables turnover and 0.08 Total Asset turnover. For the Profitability, stocks gross margin was +62.87, operating margin was +30.60 and Pretax Margin of +30.11.
MGM Growth Properties LLC (MGP) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the REIT – Diversified Industry. MGM Growth Properties LLC’s current insider ownership accounts for 0.10%, in contrast to 97.60% institutional ownership. According to the most recent insider trade that took place on May 13, this organization’s Former Director sold 2,000 shares at the rate of 22.61, making the entire transaction reach 45,220 in total value, affecting insider ownership by 0. Preceding that transaction, on May 12, Company’s Former Director sold 17,745 for 23.23, making the whole transaction’s value amount to 412,224. This particular insider is now the holder of 2,000 in total.
MGM Growth Properties LLC (MGP) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2020, the organization reported $0.3 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.32) by -$0.02. This company achieved a net margin of +9.64 while generating a return on equity of 4.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
MGM Growth Properties LLC’s EPS increase for this current 12-month fiscal period is 10.70% and is forecasted to reach 1.32 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.43% through the next 5 years, which can be compared against the 16.99% growth it accomplished over the previous five years trading on the market.
MGM Growth Properties LLC (NYSE: MGP) Trading Performance Indicators
Let’s observe the current performance indicators for MGM Growth Properties LLC (MGP). The Stock has managed to achieve an average true range (ATR) of 0.78. Alongside those numbers, its PE Ratio stands at $72.62, and its Beta score is 0.70. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 15.15.
In the same vein, MGP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.39, a figure that is expected to reach 0.32 in the next quarter, and analysts are predicting that it will be 1.32 at the market close of one year from today.
Technical Analysis of MGM Growth Properties LLC (MGP)
If we take a close look at the recent performances of MGM Growth Properties LLC (NYSE: MGP), its last 5-days Average volume was 1.28 million that shows plunge from its year to date volume of 1.7 million. During the previous 9 days, stock’s Stochastic %D was recorded 43.56% While, its Average True Range was 0.76.
Raw Stochastic average of MGM Growth Properties LLC (MGP) in the period of the previous 100 days is set at 69.38%, which indicates a major rise in contrast to 37.77% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 24.54% that was lower than 28.99% volatility it exhibited in the past 100-days period.