Robert W. Baird analyst Wes Golladay maintained a Buy rating on MGM Growth Properties (NYSE:MGP) on Wednesday, setting a price target of $38, which is approximately 9.23% above the present share price of $34.79.
Golladay expects MGM Growth Properties to post earnings per share (EPS) of $0.44 for the second quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in MGM Growth Properties, with an average price target of $38.78.
The analysts price targets range from a high of $42 to a low of $34.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $194.34 million and a net profit of $126.83 million. The company's market cap is $9.24 billion.
According to TipRanks.com, Robert W. Baird analyst Wes Golladay is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 63.76% success rate.
MGM Growth Properties LLC operates as real estate investment trust, which engages in the acquisition, ownership, and leasing of destination entertainment and leisure resorts. It diverse amenities include casino gaming, hotel, convention, dining, entertainment, and retail offerings. The company was founded on October 23, 2015 and is headquartered in Las Vegas, NV.