NYSE:MGP - MGM Growth Properties Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $33.29
  • Forecasted Upside: 3.72 %
  • Number of Analysts: 16
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 13 Buy Ratings
  • 0 Strong Buy Ratings
$32.10
▲ +0.99 (3.18%)
1 month | 3 months | 12 months
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Analyst Price Target for MGP

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$33.29
▲ +3.72% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for MGM Growth Properties in the last 3 months. The average price target is $33.29, with a high forecast of $37.00 and a low forecast of $28.00. The average price target represents a 3.72% upside from the last price of $32.10.
Buy
The current consensus among 16 polled investment analysts is to buy stock in MGM Growth Properties. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/30/2019
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/28/2019
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/26/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/25/2020
  • 0 strong buy ratings
  • 15 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/24/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/22/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/21/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 13 buy ratings
  • 3 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/20/2021Morgan StanleyBoost Price TargetEqual Weight$30.00 ➝ $31.00Low
i
1/12/2021Raymond JamesBoost Price TargetOutperform$35.00 ➝ $36.00Low
i
12/16/2020Robert W. BairdInitiated CoverageOutperformLow
i
12/15/2020Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellBoost Price Target$32.00 ➝ $36.50Low
i
12/15/2020Smith Barney CitigroupBoost Price Target$32.00 ➝ $36.50Low
i
12/9/2020LADENBURG THALM/SH SHBoost Price Target$29.50 ➝ $36.00Low
i
12/9/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$34.00 ➝ $36.00Medium
i
Rating by Carlo Santarelli at Deutsche Bank Aktiengesellschaft
11/19/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$32.00 ➝ $34.00Medium
i
Rating by Carlo Santarelli at Deutsche Bank Aktiengesellschaft
11/16/2020Loop CapitalInitiated CoverageHold$31.00Medium
i
11/11/2020Raymond JamesInitiated CoverageOutperform$35.00Medium
i
11/3/2020Morgan StanleyBoost Price TargetEqual Weight$29.00 ➝ $30.00High
i
8/6/2020Morgan StanleyBoost Price TargetEqual Weight$27.00 ➝ $29.00Medium
i
8/4/2020Deutsche Bank AktiengesellschaftReiterated RatingBuy$32.00Low
i
Rating by Carlo Santarelli at Deutsche Bank Aktiengesellschaft
7/2/2020CitigroupBoost Price TargetBuy$26.00 ➝ $32.00Low
i
6/25/2020NomuraBoost Price TargetBuy$29.00 ➝ $33.00Low
i
6/25/2020Nomura InstinetBoost Price TargetBuy$29.00 ➝ $33.00Low
i
6/24/2020Wolfe ResearchInitiated CoverageOutperform$36.00Medium
i
5/21/2020Bank of AmericaUpgradeNeutral ➝ Buy$26.00 ➝ $29.00Medium
i
5/19/2020Robert W. BairdUpgradeNeutral ➝ Outperform$30.00 ➝ $32.00Low
i
Rating by RJ Milligan at Robert W. Baird
5/7/2020UBS GroupLower Price TargetBuy$35.00 ➝ $33.00Low
i
5/6/2020Morgan StanleyBoost Price TargetEqual Weight$26.00 ➝ $27.00Low
i
Rating by Thomas Allen at Morgan Stanley
5/5/2020Deutsche Bank AktiengesellschaftLower Price TargetBuy$30.00 ➝ $29.00Low
i
Rating by Carlo Santarelli at Deutsche Bank Aktiengesellschaft
4/28/2020LADENBURG THALM/SH SHLower Price TargetBuy$36.00 ➝ $29.50Low
i
4/22/2020SunTrust BanksLower Price TargetBuy$37.00 ➝ $28.00Low
i
4/8/2020Deutsche Bank AktiengesellschaftLower Price TargetBuy$35.00 ➝ $30.00High
i
Rating by Carlo Santarelli at Deutsche Bank Aktiengesellschaft
4/7/2020CitigroupUpgradeNeutral ➝ Buy$33.00 ➝ $26.00Medium
i
Rating by Smedes Rose at Citigroup Inc.
3/30/2020JPMorgan Chase & Co.Reiterated RatingBuy$30.00Medium
i
Rating by Joseph Greff at JPMorgan Chase & Co.
3/30/2020Morgan StanleyLower Price TargetEqual Weight$35.00 ➝ $26.00Low
i
Rating by Thomas Allen at Morgan Stanley
3/16/2020ScotiabankDowngradeOutperform ➝ Sector PerformHigh
i
3/13/2020Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$35.00High
i
2/18/2020Deutsche Bank AktiengesellschaftBoost Price TargetHold$33.00 ➝ $35.00Low
i
2/18/2020Evercore ISIInitiated CoverageOutperform$37.00Low
i
1/22/2020Morgan StanleyInitiated CoverageHold$35.00Low
i
Rating by Thomas Allen at Morgan Stanley
1/19/2020BarclaysReiterated RatingBuyLow
i
1/15/2020Robert W. BairdDowngradeOutperform ➝ Neutral$39.00 ➝ $33.00High
i
12/10/2019CitigroupLower Price TargetNeutral$36.00 ➝ $31.00Medium
i
11/11/2019Evercore ISIReiterated RatingBuy$37.00Low
i
Rating by Steve Sakwa at Evercore ISI
11/6/2019Deutsche Bank AktiengesellschaftReiterated RatingHold$32.00Medium
i
10/24/2019MacquarieInitiated CoverageOutperform$35.00Low
i
8/8/2019Deutsche Bank AktiengesellschaftReiterated RatingHold$32.00Low
i
8/8/2019Nomura SecuritiesReiterated RatingBuy$39.00Low
i
Rating by Daniel Adam at Nomura Securities
8/7/2019Evercore ISISet Price TargetBuy$38.00Medium
i
Rating by Steve Sakwa at Evercore ISI
7/29/2019ScotiabankInitiated CoverageOutperformLow
i
6/11/2019Morgan StanleySet Price TargetHold$35.00Low
i
Rating by Thomas Allen at Morgan Stanley
5/1/2019Deutsche Bank AktiengesellschaftReiterated RatingHold$32.00Low
i
4/2/2019JPMorgan Chase & Co.Boost Price TargetOverweight$32.00 ➝ $36.00Low
i
3/20/2019Credit Suisse GroupReiterated RatingNeutral ➝ Neutral$31.00Low
i
3/8/2019Nomura SecuritiesSet Price TargetBuy$37.00Medium
i
Rating by Daniel Adam at Nomura Securities
1/28/2019Deutsche Bank AktiengesellschaftReiterated RatingHold$28.00Low
i
1/9/2019SunTrust BanksUpgradeHold ➝ Buy$30.00 ➝ $32.00High
i
1/4/2019Robert W. BairdInitiated CoverageOutperform ➝ Outperform$33.00Medium
i
10/15/2018Bank of AmericaDowngradeBuy ➝ NeutralHigh
i
10/2/2018SunTrust BanksReiterated RatingHold ➝ HoldLow
i
9/26/2018Nomura SecuritiesInitiated CoverageBuy$37.00Low
i
8/14/2018Credit Suisse GroupInitiated CoverageNeutral$31.00Low
i
8/8/2018CitigroupUpgradeNeutral ➝ BuyHigh
i
7/24/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Hold$29.00 ➝ $32.00Low
i
Rating by Thomas Allen at Morgan Stanley
7/17/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$30.00 ➝ $32.00Low
i
7/12/2018BarclaysBoost Price TargetOverweight ➝ Overweight$33.00 ➝ $35.00Low
i
4/8/2018Evercore ISIUpgradeIn-Line ➝ Outperform$29.00 ➝ $30.00Low
i
2/21/2018Bank of AmericaLower Price TargetBuy ➝ Buy$34.00 ➝ $29.00Medium
i
2/21/2018JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Overweight$33.00 ➝ $31.00Medium
i
2/15/2018Morgan StanleyInitiated CoverageEqual Weight ➝ Equal Weight$29.00Low
i
1/17/2018LADENBURG THALM/SH SHSet Price TargetBuy$35.00Low
i
Rating by Daniel Donlan at LADENBURG THALM/SH SH
11/10/2017SunTrust BanksReiterated RatingBuy$31.00N/A
i
10/24/2017SunTrust BanksReiterated RatingBuy$30.00N/A
i
10/24/2017Morgan StanleyBoost Price TargetEqual Weight$30.00 ➝ $31.00N/A
i
9/8/2017Bank of AmericaReiterated RatingBuy$32.00 ➝ $34.00Low
i
9/6/2017UBS GroupReiterated RatingBuy$30.00 ➝ $33.00Low
i
8/11/2017BarclaysReiterated RatingBuy$33.00Low
i
8/10/2017LADENBURG THALM/SH SHReiterated RatingBuyLow
i
Rating by Daniel Donlan at LADENBURG THALM/SH SH
8/9/2017Deutsche Bank AktiengesellschaftBoost Price TargetHold$28.00 ➝ $30.00Low
i
6/2/2017LADENBURG THALM/SH SHInitiated CoverageBuy ➝ Buy$32.00Medium
i
4/28/2017Deutsche Bank AktiengesellschaftReiterated RatingHold$27.00 ➝ $28.00Low
i
3/6/2017Deutsche Bank AktiengesellschaftReiterated RatingHoldN/A
i
12/9/2016Buckingham ResearchReiterated RatingBuy$27.00N/A
i
12/7/2016Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$28.00 ➝ $27.00N/A
i
Rating by Carlo Santarelli at Deutsche Bank Aktiengesellschaft
11/22/2016Buckingham ResearchInitiated CoverageBuyN/A
i
11/9/2016BarclaysSet Price TargetBuy$30.00N/A
i
Rating by Felicia Hendrix at Barclays PLC
9/26/2016UBS GroupInitiated CoverageBuy$28.00N/A
i
8/5/2016Bank of AmericaReiterated RatingBuy$29.00N/A
i
Rating by Shaun Kelley at Bank of America Co.
8/5/2016CitigroupBoost Price TargetNeutral$23.00 ➝ $26.00N/A
i
6/27/2016Deutsche Bank AktiengesellschaftReiterated RatingBuyN/A
i
6/22/2016Morgan StanleyDowngradeOverweight ➝ Equal Weight$25.00N/A
i
Rating by Thomas Allen at Morgan Stanley
5/20/2016Evercore ISIInitiated CoverageHold$24.00N/A
i
5/16/2016Bank of AmericaInitiated CoverageNeutral ➝ Buy$25.00 ➝ $25.00N/A
i
5/16/2016SunTrust BanksInitiated CoverageBuy$26.00N/A
i
5/16/2016Morgan StanleyInitiated CoverageOverweight$24.00N/A
i
5/16/2016JPMorgan Chase & Co.Initiated CoverageOverweight$26.00N/A
i
5/16/2016Deutsche Bank AktiengesellschaftInitiated CoverageBuy$26.00N/A
i
5/16/2016CitigroupInitiated CoverageNeutral ➝ Neutral$22.50N/A
i
(Data available from 1/20/2016 forward)
MGM Growth Properties logo
MGM Growth Properties LLC (NYSE:MGP) is one of the leading publicly traded real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGP, together with its joint venture, currently owns a portfolio of properties, consisting of 12 premier destination resorts in Las Vegas and elsewhere across the United States, MGM Northfield Park in Northfield, OH, Empire Resort Casino in Yonkers, NY, as well as a retail and entertainment district, The Park in Las Vegas. As of December 31, 2019, our destination resorts, the Park, Empire Resort Casino, and MGM Northfield Park collectively comprised approximately 27,400 hotel rooms, 1.4 million casino square footage, and 2.7 million convention square footage. As a growth-oriented public real estate entity, MGP expects its relationship with MGM Resorts and other entertainment providers to attractively position MGP for the acquisition of additional properties across the entertainment, hospitality and leisure industries.
Read More

Today's Range

Now: $32.10
$31.03
$32.43

50 Day Range

MA: $31.76
$30.28
$33.08

52 Week Range

Now: $32.10
$11.43
$34.37

Volume

855,731 shs

Average Volume

872,503 shs

Market Capitalization

$4.22 billion

P/E Ratio

65.51

Dividend Yield

6.27%

Beta

0.76

Frequently Asked Questions

What sell-side analysts currently cover shares of MGM Growth Properties?

The following Wall Street sell-side analysts have issued research reports on MGM Growth Properties in the last year: Bank of America Co., Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., LADENBURG THALM/SH SH, Loop Capital, Morgan Stanley, Nomura, Nomura Instinet, Raymond James, Robert W. Baird, Scotiabank, Smith Barney Citigroup, SunTrust Banks, Inc., TheStreet, UBS Group AG, Wolfe Research, and Zacks Investment Research.

What is the current price target for MGM Growth Properties?

17 Wall Street analysts have set twelve-month price targets for MGM Growth Properties in the last year. Their average twelve-month price target is $33.29, suggesting a possible upside of 2.9%. Evercore ISI has the highest price target set, predicting MGP will reach $37.00 in the next twelve months. SunTrust Banks, Inc. has the lowest price target set, forecasting a price of $28.00 for MGM Growth Properties in the next year.

What is the current consensus analyst rating for MGM Growth Properties?

MGM Growth Properties currently has 3 hold ratings and 13 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MGP will outperform the market and that investors should add to their positions of MGM Growth Properties.

What other companies compete with MGM Growth Properties?

How do I contact MGM Growth Properties' investor relations team?

MGM Growth Properties' physical mailing address is 1980 FESTIVAL PLAZA DRIVE SUITE 750, LAS VEGAS NV, 89135. The financial services provider's listed phone number is 702-669-1480 and its investor relations email address is ir@mgmgrowthproperties.com. The official website for MGM Growth Properties is www.mgmgrowthproperties.com.