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MarketScreener Homepage  >  Equities  >  Nyse  >  MGM Resorts International    MGM

MGM RESORTS INTERNATIONAL

(MGM)
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MGM Resorts International Ranked on Military Times' Best for Vets: Employers 2019 List

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05/16/2019 | 05:28pm EDT

MGM Resorts International Ranked on Military Times' Best for Vets: Employers 2019 List

LAS VEGAS, May 16, 2019-MGM Resorts International has been recognized as a leading employer for culture, recruitment and policies for veterans, service members and military families by Military Times. MGM Resorts is the only hospitality company based in Nevada to make the list.

A valuable resource for veterans - and a coveted honor for employers across the country - the annual Military Times Best for Vets rankings are the result of a meticulous and thoughtful months-long evaluation process.

This year, more companies than ever before vied for a spot in the rankings. Nearly 200 organizations submitted substantially complete responses to our rigorous, 91-question Best for Vets: Employers survey. And when the evaluation was done, more companies than ever earned a spot in the rankings.

A total of 132 employers made the list, comprising 113 for-profit companies, as well as 19 government and nonprofit organizations.

"The companies on the Military Times Best for Vets list earned their rankings through determined efforts to recruit and support service members, veterans and military families," said George Altman, the Military Times editor in charge of the rankings. "These efforts deserve recognition from the country and should get the attention of veterans looking for a new career."

In their tenth year, the Best for Vets: Employers rankings evaluate companies' culture, veteran recruiting, veteran policies, and accommodations for members of the National Guard and reserves.

Military Times invites organizations from across the country to fill out its survey, tests to ensure the accuracy of responses, carefully evaluates survey data and includes only the best companies in its published rankings. The standards are objective, rigorous, and editorially independent. As a result, transitioning service members recognize them as the most trusted veteran job rankings and have come to rely on Best for Vets Employers to aid their transition to civilian life.

"To come along side those who have bravely fought for our country and who have made the ultimate sacrifice, while asking for nothing in return, is the humbling and the utmost honor for MGM Resorts," said Laura Lee, MGM Resorts' Senior Vice President of Human Resources. "We will continue to make veterans and their families a priority as we partner with the community and look for more opportunities to optimize our resources."

Participants include employers large and small, new and well-established,for-profit, nonprofit and government. Those who make the cut proudly tout their spot on the Best for Vets list - on billboards, in ballparks and in ads across national publications.

Other Military Times rankings include Best for Vets: Colleges and Best for Vets: Places to Live. To learn more and to see the complete list, visit www.militarytimes.com.

ABOUT MGM RESORTS INTERNATIONAL

MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 30 unique hotel and destination gaming offerings including some of the most recognizable resort brands in the industry. Expanding throughout the U.S. and around the world, the company recently acquired the operations of Empire City Casino in New York and Hard Rock Rocksino in Ohio, which was rebranded as MGM Northfield Park. In 2018, MGM Resorts opened MGM Springfield in Massachusetts, MGM COTAI in Macau, and the first Bellagio-branded hotel in Shanghai. The 83,000 global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information visit us at

www.mgmresorts.com.

Media Contact

Kenthea Pedraza

MGM Resorts International

Kpedraza@mgmresorts.com

702-692-6898

Disclaimer

MGM Resorts International published this content on 16 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 May 2019 21:27:07 UTC

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Financials (USD)
Sales 2019 12 994 M
EBIT 2019 1 779 M
Net income 2019 423 M
Debt 2019 13 070 M
Yield 2019 1,86%
P/E ratio 2019 35,8x
P/E ratio 2020 18,2x
EV / Sales2019 2,12x
EV / Sales2020 1,96x
Capitalization 14 532 M
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Technical analysis trends MGM RESORTS INTERNATIONAL
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 34,15  $
Last Close Price 27,87  $
Spread / Highest target 47,1%
Spread / Average Target 22,5%
Spread / Lowest Target -13,9%
EPS Revisions
Managers
NameTitle
James Joseph Murren Chairman & Chief Executive Officer
William Joseph Hornbuckle President & Chief Operating Officer
Corey I. Sanders Chief Financial Officer
Roland A. Hernandez Lead Independent Director
Alexis Margaret Herman Independent Director
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