Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - MGM MIRAGE (NYSE:MGG)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials
Recent Events
July 24Conference call: MGM MIRAGE Earnings (Q2)
Location
3600 Las Vegas Blvd. South
Las Vegas, NV 89109
Phone: (702) 693-7120
Fax: (702) 693-8626
Email: info@mgmgrand.com
Employees (last reported count): 39,000
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Hotels & Motels
Company Websites
 ·Home Page
 ·Yahoo! Category

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 76%
·Over the last 6 months:
 · 2 insider sells; 1.90M shares
  (1.5% of insider shares)
·Institutional: 42% (175% of float)
(341 institutions)
·Net Inst. Buying: 1.41M shares (+2.06%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
MGM MIRAGE owns and operates several hotel-casinos and resorts in Nevada, Michigan, New York, Australia and South Africa through its wholly owned subsidiaries. They include Mirage Resorts, Incorporated, Primadonna Resorts, Inc., MGM Grand Hotel, LLC, MGM Grand Detroit, Inc, MGM Grand Australia Pty Ltd. and MGM Grand South Africa, Inc. The Company's operating properties include, among others, the Bellagio, a European-style luxury resort; The Mirage, a tropically-themed destination resort; Treasure Island at The Mirage, a pirate-themed hotel and casino resort, and the Holiday Inn Casino Boardwalk.
More from Market Guide: Expanded Business Description

Financial Summary
MGM MIRAGE is an entertainment, hotel and gaming company headquartered in Las Vegas, Nevada, which owns and/or operates, through subsidiaries, 18 casino properties on three continents. For the six months ended 6/30/01, total revenues rose from $1.03 billion to $2.12 billion. Net income before extraordinary items rose from $26 million to $161.3 million. Results reflect increased casino and room rental revenue and the absence of $125.7 million in restructuring and write-down charges.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

J. Terrence Lanni, 58
Chairman, CEO
$3.4M$3.5M
James Murren, 39
Pres, CFO, Director
2.4M--  
Daniel Wade, 48
Vice Chairman
1.4M3.8M
Gary Jacobs, 55
Exec. VP, Gen. Counsel, Director
846K--  
Scott Langsner, 47
Sr. VP, Sec. and Treasurer
777K--  
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:MGGAs of 31-Aug-2001
Price and Volume
52-Week Low
on 23-Mar-2001
$22.50 
Recent Price$29.15 
52-Week High
on 29-Sep-2000
$38.813
Beta0.51 
Daily Volume (3-month avg)389.3K
Daily Volume (10-day avg)269.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-14.9%
52-Week Change
relative to S&P500
+14.2%
Share-Related Items
Market Capitalization$4.65B
Shares Outstanding159.5M
Float38.3M
Dividends & Splits
Annual Dividend (indicated)$0.20 
Dividend Yield0.69%
Last Split: 2 for 1 on 28-Feb-2000
Per-Share Data
Book Value (mrq)$15.97 
Earnings (ttm)$1.86 
Earnings (mrq)$0.47 
Sales (ttm)$26.67 
Cash (mrq)$1.35 
Valuation Ratios
Price/Book (mrq)1.82 
Price/Earnings (ttm)15.68 
Price/Sales (ttm)1.09 
Income Statements
Sales (ttm)$4.33B
EBITDA (ttm)$1.32B
Income available to common (ttm)$301.4M
Profitability
Profit Margin (ttm)7.0%
Operating Margin (ttm)21.5%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)2.82%
Return on Equity (ttm)12.60%
Financial Strength
Current Ratio (mrq)0.76 
Debt/Equity (mrq)2.18 
Total Cash (mrq)$214.9M
Short Interest
As of 8-Aug-2001
Shares Short3.88M
Percent of Float10.1%
Shares Short
(Prior Month)
4.05M
Short Ratio8.21 
Daily Volume473.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.