MGM Growth Properties LLC.

MGP-N

NYSE:MGP

27.25
0.02 (0.07%)
MGM Growth Properties LLC is a real estate investment trust that invests in large-scale destination entertainment and leisure resorts. As of December 31, 2017, the company owned 12 properties, all of which were operated by MGM Resorts International, comprising 27,541 hotel rooms.
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Analysis and Opinions about MGP-N

Signal
Opinion
Expert
TOP PICK
TOP PICK
December 2, 2019

Was a spin-out of MGM (the casino). They structure a master lease to this parent. These rents are bullet-proof. Cash flows within MGM are strong (from gambling), even if there will be a recession. You're buying good long-term cash flow, supported by an investment-grade tenant. Also, they can buy more quality assets, some within gambling, some outside, which leads to more accretion. Offers stability yet growth. Pays a 6.1% yield. (Analysts’ price target is $36.15)

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Was a spin-out of MGM (the casino). They structure a master lease to this parent. These rents are bullet-proof. Cash flows within MGM are strong (from gambling), even if there will be a recession. You're buying good long-term cash flow, supported by an investment-grade tenant. Also, they can buy more quality assets, some within gambling, some outside, which leads to more accretion. Offers stability yet growth. Pays a 6.1% yield. (Analysts’ price target is $36.15)

TOP PICK
TOP PICK
October 9, 2019
The spin off MGM Resorts -- the casino operator. The properties are leased back to the casino operator. The lease is low cost to the REIT. A strong business set up for the macro risks out there. A relatively new REIT structure that could catch on with investors. Yield 6.27% (Analysts’ price target is $35.73)
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The spin off MGM Resorts -- the casino operator. The properties are leased back to the casino operator. The lease is low cost to the REIT. A strong business set up for the macro risks out there. A relatively new REIT structure that could catch on with investors. Yield 6.27% (Analysts’ price target is $35.73)
BUY
BUY
April 1, 2019
It is a spin-out of MGM. It owns a lot of their properties. They have a good cost of equity. It has a solid yield and has accretion through their acquisition story.
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It is a spin-out of MGM. It owns a lot of their properties. They have a good cost of equity. It has a solid yield and has accretion through their acquisition story.
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MGM Growth Properties LLC.(MGP-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for MGM Growth Properties LLC. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

MGM Growth Properties LLC.(MGP-N) Frequently Asked Questions

What is MGM Growth Properties LLC. stock symbol?

MGM Growth Properties LLC. is a American stock, trading under the symbol MGP-N on the New York Stock Exchange (MGP). It is usually referred to as NYSE:MGP or MGP-N

Is MGM Growth Properties LLC. a buy or a sell?

In the last year, there was no coverage of MGM Growth Properties LLC. published on Stockchase.

Is MGM Growth Properties LLC. a good investment or a top pick?

MGM Growth Properties LLC. was recommended as a Top Pick by Joshua Varghese on 2019-12-02. Read the latest stock experts ratings for MGM Growth Properties LLC..

Why is MGM Growth Properties LLC. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is MGM Growth Properties LLC. worth watching?

0 stock analysts on Stockchase covered MGM Growth Properties LLC. In the last year. It is a trending stock that is worth watching.

What is MGM Growth Properties LLC. stock price?

On 2020-07-02, MGM Growth Properties LLC. (MGP-N) stock closed at a price of $27.25.