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Melco Resorts & Entertainment Limited (MLCO)

Stock Price: $18.21 USD -0.18 (-0.98%)
Updated May 7, 2021 4:00 PM EDT - Market closed
After-hours: $18.25 +0.04 (0.22%) May 7, 5:18 PM
Market Cap 8.73B
Revenue (ttm) 1.73B
Net Income (ttm) -1.26B
Shares Out 479.26M
EPS (ttm) -2.38
PE Ratio n/a
Forward PE 90.09
Dividend $0.17
Dividend Yield 0.91%
Trading Day May 7
Last Price $18.21
Previous Close $18.39
Change ($) -0.18
Change (%) -0.98%
Day's Open 18.49
Day's Range 18.18 - 18.83
Day's Volume 2,459,972
52-Week Range 14.18 - 23.65

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Year-over-year gains look much more dramatic, however.

Other stocks mentioned: LVS
5 days ago - The Motley Fool

Melco (MLCO) delivered earnings and revenue surprises of -46.67% and -18.61%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

MACAU, April 28, 2021 (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...

1 week ago - GlobeNewsWire

MACAU, April 21, 2021 (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...

2 weeks ago - GlobeNewsWire

Highlighting leadership commitment to the Company's promotion and enhancement of Responsible Gaming processes and safeguards Highlighting leadership commitment to the Company's promotion and enhancement...

3 weeks ago - GlobeNewsWire

Melco's sustainability strategy and contribution towards Company's carbon neutral and zero waste goals are recognized by trusted mark of sustainability Melco's sustainability strategy and contribution t...

4 weeks ago - GlobeNewsWire

And next month gambling revenue should skyrocket from the year-ago period.

Other stocks mentioned: LVS, WYNN
1 month ago - The Motley Fool

Spanning the gamut of casinos, online gambling, and sports betting.

Other stocks mentioned: APO, BYD, CHDN, CZR, DKNG, FUBO, LVS ...
1 month ago - The Motley Fool

New project progression video unveiled New project progression video unveiled

1 month ago - GlobeNewsWire

Yet the situation is as dire as ever in China's gambling district.

Other stocks mentioned: LVS, WYNN
2 months ago - The Motley Fool

NEW YORK, Feb. 26, 2021 /PRNewswire/ -- Sports fans across the nation in Canada rang out with joy at the announcement of the House of Commons passing of Bill C-218, potentially putting an end to a decad...

Other stocks mentioned: BRGGF, CZR, ELYS, GNOG
2 months ago - PRNewsWire

MACAU, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Eur...

2 months ago - GlobeNewsWire

But China still needs to lift e-visa restrictions before a rebound can really begin.

Other stocks mentioned: WYNN
2 months ago - The Motley Fool

MACAU, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it...

2 months ago - GlobeNewsWire

Entire property portfolio receives top tier recognition Altira Macau celebrates 12th consecutive year as Five-Star award recipient

2 months ago - GlobeNewsWire

But that's almost 3% better than it was in December.

Other stocks mentioned: WYNN
3 months ago - The Motley Fool

Highlighting the expansion project's targeted sustainability strategy and contribution towards achieving Melco's carbon neutral and zero waste goals Highlighting the expansion project's targeted sustain...

3 months ago - GlobeNewsWire

This week, Joe Biden will be inaugurated as the 46th president of the United States. While there concerns about riskier assets, including stocks under $20, heading into Election Day, it's clear markets ...

Other stocks mentioned: CLOV, CNTY, GOEV, IGT, IPOF, RKT
3 months ago - InvestorPlace

A toxic stock is basically one that trades at a price not supported by its fundamental strength. Identifying toxic stocks is imperative in shielding one's portfolio from massive losses.

Other stocks mentioned: HXL, NUAN, TAST
3 months ago - Zacks Investment Research

MACAU, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited (“Melco Resorts Finance”) announces that it has priced its international offering of 5.375% senior notes due 2029 (the “Additional ...

3 months ago - GlobeNewsWire

MACAU, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited (“Melco Resorts Finance”) announces that it proposes to conduct an international offering of 5.375% senior notes due 2029 (the “Add...

3 months ago - GlobeNewsWire

2021 might be a great year to bet on gambling stocks.

Other stocks mentioned: DKNG, EVRI, GAN, LVS, MGM, PENN, WYNN
3 months ago - The Motley Fool

Gambling stocks are front and center for many investors these days, but not every company out there is a winner in this risky segment. The post 3 Gambling Stocks to Avoid as the Industry Recuperates Fro...

Other stocks mentioned: CHDN, LVS
4 months ago - InvestorPlace

MACAU, Dec. 28, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment is proud to announce that its Forbes Travel Guide Five-Star certified properties including Morpheus at City of Dreams, Star Tower a...

4 months ago - GlobeNewsWire

Realizing commitment towards the elimination of single-use plastic and the promotion of circular economy across global operations Realizing commitment towards the elimination of single-use plastic and t...

4 months ago - GlobeNewsWire

On the face of it, Melco Resorts looks like a stock to avoid. However, blame for its less-than-stellar performance in 2020 can largely be laid at the feet of COVID-19.

4 months ago - Seeking Alpha

MACAU, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment, a global leader in premium integrated resorts, announces that it will be rolling out Winnow Vision, an Artificial Intelligence (A....

4 months ago - GlobeNewsWire

The recovery in Macao's gambling revenue isn't coming as quickly as hoped.

Other stocks mentioned: LVS, MGM, WYNN
5 months ago - The Motley Fool

MACAU, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been named winner of 2020 Industry Community Awards (ICA)'s Community Award – Asia. The award recognizes Melco's proactive and ...

5 months ago - GlobeNewsWire

The coronavirus pandemic has been hurting the gaming industry as most of the casinos are witnessing lower traffic due to the outbreak.

Other stocks mentioned: LVS, MGM, WYNN
5 months ago - Zacks Investment Research

Melco Resorts & Entertainment Limited (MLCO) CEO Lawrence Ho on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

Melco (MLCO) delivered earnings and revenue surprises of 27.47% and -28.98%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

MACAU, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Eur...

6 months ago - GlobeNewsWire

The Golden Week holiday didn't provide quite the hoped-for boost, but it got momentum moving in the right direction.

Other stocks mentioned: LVS, WYNN
6 months ago - The Motley Fool

The national Golden Week holiday failed to provide much lift.

Other stocks mentioned: LVS, MGM, WYNN
6 months ago - The Motley Fool

MACAU, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it...

6 months ago - GlobeNewsWire

Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

The world's largest gambling market is on the comeback trail.

Other stocks mentioned: LVS, WYNN
6 months ago - The Motley Fool

Macau casino GGR declined in September owing to dismal footfall. Moreover, GGR declined 90% or more for the sixth straight month.

Other stocks mentioned: LVS, MGM, WYNN
7 months ago - Zacks Investment Research

Gaming stocks have 'underperformed' over the past 2-3 months: Macquarie

YouTube video

Macquarie's Chad Beynon discusses the impact of the coronavirus pandemic on visitations in Las Vegas as well as Macao's gambling industry.

Other stocks mentioned: LVS, MGM, WYNN
7 months ago - CNBC International TV

It's the sixth straight month of 90% or greater declines in gambling revenue.

Other stocks mentioned: LVS, WYNN
7 months ago - The Motley Fool

Casino stocks have taken a big hit in 2020, but the latest economic data out of China suggests the world’s largest gambling hub could be well on the path to recovery.

Other stocks mentioned: LVS, WYNN
7 months ago - Benzinga

Winner of the Hotel Over 200 Rooms Asia Pacific category Winner of the Hotel Over 200 Rooms Asia Pacific category

7 months ago - GlobeNewsWire

Bulls bet on Melco Resorts & Snap

YouTube video

"Halftime Report" trader Pete Najarian spots unusual options activity in Melco Resorts and Snap.

Other stocks mentioned: SNAP
7 months ago - CNBC Television

Casino stocks are sliding—Here's what's happening

YouTube video

CNBC's Contessa Brewer breaks down how the casino and gambling industry is faring amid the coronavirus pandemic.

Other stocks mentioned: CZR, DKNG, LVS, MGM, PENN, WYNN
7 months ago - CNBC Television

Discretionary stocks in the casino and restaurant industries took a dive on fears of another spike in coronavirus cases.

Other stocks mentioned: MGM, RUTH
7 months ago - The Motley Fool

Macau casino gross gaming revenue decline in August due to dismal footfall. Moreover, GGR declined more than 90% for the fifth straight month.

Other stocks mentioned: LVS, MGM
8 months ago - Zacks Investment Research

It's been five straight months with revenue down 90% or more.

Other stocks mentioned: LVS, WYNN
8 months ago - The Motley Fool

Melco Resorts & Entertainment (MLCO) second-quarter results reflect dismal performance in all gaming segments and non-gaming operations due to the coronavirus pandemic.

8 months ago - Zacks Investment Research

Melco Resorts & Entertainment Limited (MLCO) CEO Lawrence Ho on Q2 2020 Results - Earnings Call Transcript

8 months ago - Seeking Alpha

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 approximately 516 gaming tables and 822 gaming machines; approximately 2,170 hotel rooms, and suites and villas; a wet stage performance theater with approximately 2,000 seats; approximately 25 restaurants and bars, and 165 retail outlets; and health and fitness clubs, three swimming pools, spa and salons, and banquet and meeting facilities. The compa... [Read more...]

Industry
Resorts & Casinos
IPO Date
Dec 19, 2006
CEO
Yau Lung Ho
Employees
19,746
Stock Exchange
NASDAQ
Ticker Symbol
MLCO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 20 analysts, the average rating for MLCO stock is "Buy." The 12-month stock price forecast is 22.19, which is an increase of 21.86% from the latest price.

Price Target
$22.19
(21.86% upside)
Analyst Consensus: Buy