MGM Growth Properties is a holding company. Through its operating partnership, MGM Growth Properties Operating Partnership LP, Co. is a real estate investment trust engaged in the acquisition, ownership and leasing of destination entertainment and leisure resorts, whose tenants generally provide amenities including casino gaming, hotel, convention, dining, entertainment and retail offerings. Co.'s portfolio, including properties owned by its joint venture, includes entertainment and gaming-related properties located on the Las Vegas Strip, and a dining and entertainment district located between New York-New York and Park MGM. Outside of Las Vegas, Co. also owns casino resort properties. We show 24 historical shares outstanding datapoints in our coverage of MGP's shares outstanding history.
Understanding the changing numbers of MGP shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like MGP versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching MGP by allowing them to research MGP shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
