Melco Resorts & Entertainment Limited (MLCO)

Market Cap	2.73B
Revenue (ttm)	4.54B
Net Income (ttm)	-142.07M
Shares Out	419.71M
EPS (ttm)	-0.33
PE Ratio	n/a
Forward PE	12.23
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,067,504
Open	6.62
Previous Close	6.56
Day's Range	6.41 - 6.63
52-Week Range	4.78 - 9.56
Beta	1.04
Analysts	Strong Buy
Price Target	9.85 (+51.42%)
Earnings Date	Nov 5, 2024

About MLCO

Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has gaming tables and gaming machines; suites and villas; restaurants and bars; retail outlets; a wet stage performance theater; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spas and salons and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has gaming tables and g...

• Industry: Resorts & Casinos
• Sector: Consumer Discretionary
• IPO Date: Dec 19, 2006
• Employees: 20,209
• Stock Exchange: NASDAQ
• Ticker Symbol: MLCO
• Website: https://www.melco-resorts.com

Financial Performance

In 2023, MLCO's revenue was $3.78 billion, an increase of 179.65% compared to the previous year's $1.35 billion. Losses were -$326.92 million, -64.87% less than in 2022.

Analyst Forecast

According to 6 analysts, the average rating for MLCO stock is "Strong Buy." The 12-month stock price forecast is $9.85, which is an increase of 51.42% from the latest price.

Price Target

$9.85

(51.42% upside)

Analyst Consensus: Strong Buy