Melco Resorts & Entertainment Limited (MLCO)

NASDAQ: MLCO · Real-Time Price · USD
5.85
+0.21 (3.72%)
May 8, 2025, 4:00 PM - Market closed
3.72%
Market Cap 2.42B
Revenue (ttm) 4.76B
Net Income (ttm) 60.91M
Shares Out 413.79M
EPS (ttm) 0.14
PE Ratio 41.06
Forward PE 13.01
Dividend n/a
Ex-Dividend Date n/a
Volume 6,132,163
Open 5.88
Previous Close 5.64
Day's Range 5.72 - 6.09
52-Week Range 4.55 - 8.90
Beta 0.71
Analysts Buy
Price Target 7.24 (+23.76%)
Earnings Date May 8, 2025

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. The company also operates Altira Macau, a casino hotel, which has gaming tables and gaming machines; hotel rooms; dining and casual restaurants; recreation and leisure facilities; and non-g... [Read more]

IPO Date Dec 19, 2006
Employees 21,784
Stock Exchange NASDAQ
Ticker Symbol MLCO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MLCO stock is "Buy." The 12-month stock price forecast is $7.24, which is an increase of 23.76% from the latest price.

Price Target
$7.24
(23.76% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Melco Resorts & Entertainment Limited (MLCO) Q1 2025 Earnings Call Transcript

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Jeanny Kim – Senior Vice President, Group Treasurer Lawrence Ho – Chie...

17 hours ago - Seeking Alpha

Melco Announces Unaudited First Quarter 2025 Earnings

MACAU, May 08, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Eu...

22 hours ago - GlobeNewsWire

Melco Announces Earnings Release Date

MACAU, May 02, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that i...

6 days ago - GlobeNewsWire

Melco publishes Company's annual sustainability report “RISE to go Above & Beyond”

MACAU, April 29, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has announced the publication of its sustainability report for the year 2024 (link). The strategy continues to guide the Company...

9 days ago - GlobeNewsWire

Melco Resorts & Entertainment: I'm Starting To See A Brighter Tomorrow

Melco Resorts & Entertainment aims to sell City of Dreams Manila to fund a new casino in Thailand, an emerging gambling market. Despite high debt and suspended dividends, MLCO's share buybacks and pos...

4 weeks ago - Seeking Alpha

Melco Resorts & Entertainment: Discounted Way Into Asia-Pacific Gambling Recovery

Melco Resorts & Entertainment is shifting to an asset-light model, focusing on operating gaming floors rather than building new properties, to expand its footprint. Despite a 20.6% stock decline due t...

5 weeks ago - Seeking Alpha

Melco Resorts & Entertainment Limited (MLCO) Q4 2024 Earnings Call Transcript

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Lawrence Ho ...

2 months ago - Seeking Alpha

Melco Announces Unaudited Fourth Quarter 2024 Earnings

MACAU, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and E...

2 months ago - GlobeNewsWire

Melco Announces Exploration of Strategic Alternatives in Relation to City of Dreams Manila

MACAU, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and E...

2 months ago - GlobeNewsWire

Melco earns global recognition for corporate sustainability

- Included in the S&P Global Sustainability Yearbook 2025 - Studio City Phase 2 receives BREEAM New Construction “Excellent” rating

2 months ago - GlobeNewsWire

Melco leads with the most Five-Star awards in Macau and Asia in the 2025 Forbes Travel Guide

MACAU, Feb. 12, 2025 (GLOBE NEWSWIRE) --  Melco Resorts & Entertainment announces its achievements in the newly released 2025 Forbes Travel Guide (FTG), further excelling this year in its lead among i...

3 months ago - GlobeNewsWire

Where do casino stocks go from here, after a slump in 2024

CNBC's Contessa Brewer joins 'Squawk on the Street' to discuss casino stocks slump in 2024.

Other symbols: LVSMGMWYNN
4 months ago - CNBC Television

Melco Resorts & Entertainment Limited (MLCO) Q3 2024 Earnings Call Transcript

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Evan Winkler ...

6 months ago - Seeking Alpha

Melco Announces Unaudited Third Quarter 2024 Earnings

MACAU, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and E...

6 months ago - GlobeNewsWire

US-Listed Casino and Copper Stocks Surge Following Chinese Stimulus Measures

Since China launched a series of stimulus measures, US-listed casino and copper stocks have performed exceptionally well. A research company is suggesting investors consider buying these stocks.

Other symbols: FCXLVSWYNN
7 months ago - GuruFocus

Melco Resorts Has Been Left Financially Distressed

Melco Resorts & Entertainment has faced significant challenges in past years from China's response to COVID, as tourism in Macau has suffered greatly. While Macau's tourism has recovered and the Chine...

7 months ago - Seeking Alpha

Melco Resorts & Entertainment Limited (MLCO) Q2 2024 Earnings Call Transcript

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Evan Winkler -...

9 months ago - Seeking Alpha

Melco Announces Unaudited Second Quarter 2024 Earnings

MACAU, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and E...

9 months ago - GlobeNewsWire

Melco receives most prestigious global award for training

MACAU, June 27, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been awarded the talent development industry's most rigorous and coveted recognition, 2024 BEST Award by Association for Tale...

11 months ago - GlobeNewsWire

Melco Resorts & Entertainment Limited (MLCO) Q1 2024 Earnings Call Transcript

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Q1 2024 Results Conference Call April 30, 2024 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Lawrence Ho - Ch...

1 year ago - Seeking Alpha

Melco Announces Partnership with Sri Lanka's John Keells Holdings and Introduces ‘City of Dreams Sri Lanka'

MACAU, April 30, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (“Melco”) is pleased to announce its partnership with John Keells Holdings PLC (“John Keells”), the largest listed congl...

1 year ago - GlobeNewsWire

Melco Announces Unaudited First Quarter 2024 Earnings

MACAU, April 30, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and ...

1 year ago - GlobeNewsWire

Melco reaffirms commitment to sustainability in 2023 RISE to go Above & Beyond report

MACAU, April 26, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has published its sixth sustainability strategy for the year 2023 ‘RISE to go Above & Beyond' (link). Continuing to adhere to fo...

1 year ago - GlobeNewsWire

Melco Resorts Finance Announces Pricing of Senior Notes Offering

MACAU, April 09, 2024 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited (“Melco Resorts Finance”) announces that it has priced its international offering of senior notes (the “New Notes”). Melco Resor...

1 year ago - GlobeNewsWire

Melco Resorts Finance Announces Proposed Senior Notes Offering

MACAU, April 08, 2024 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited (“Melco Resorts Finance”) announces that it proposes to conduct an international offering of senior notes (the “New Notes”), the...

1 year ago - GlobeNewsWire