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Melco Resorts & Entertainment Limited (MLCO)

Stock Price: $20.95 USD 0.20 (0.96%)
Updated Feb 25, 2021 4:00 PM EST - Market closed
After-hours: $20.60 -0.35 (-1.67%) Feb 25, 7:46 PM
Market Cap 10.05B
Revenue (ttm) 5.74B
Net Income (ttm) 373.17M
Shares Out 1.44B
EPS (ttm) -2.09
PE Ratio n/a
Forward PE 72.46
Dividend $0.17
Dividend Yield 0.79%
Trading Day February 25
Last Price $20.95
Previous Close $20.75
Change ($) 0.20
Change (%) 0.96%
Day's Open 20.88
Day's Range 20.58 - 22.19
Day's Volume 4,712,573
52-Week Range 10.81 - 22.19

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GlobeNewsWire - 23 hours ago

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 As...

The Motley Fool - 1 day ago

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

Other stocks mentioned: WYNN
GlobeNewsWire - 1 week ago

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 announc...

GlobeNewsWire - 1 week ago

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

The Motley Fool - 3 weeks ago

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

Other stocks mentioned: WYNN
GlobeNewsWire - 4 weeks ago

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 target...

InvestorPlace - 1 month ago

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 clea...

Other stocks mentioned: CLOV, CNTY, GOEV, IGT, IPOF, RKT
Zacks Investment Research - 1 month ago

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
GlobeNewsWire - 1 month ago

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 “A...

GlobeNewsWire - 1 month ago

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 Motley Fool - 1 month ago

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

Other stocks mentioned: DKNG, EVRI, GAN, LVS, MGM, PENN, WYNN
InvestorPlace - 1 month ago

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 Recup...

Other stocks mentioned: CHDN, LVS
GlobeNewsWire - 1 month ago

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, St...

GlobeNewsWire - 2 months ago

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 pla...

Seeking Alpha - 2 months ago

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.

GlobeNewsWire - 2 months ago

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 Intell...

The Motley Fool - 2 months ago

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

Other stocks mentioned: LVS, MGM, WYNN
GlobeNewsWire - 2 months ago

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 proa...

Zacks Investment Research - 2 months ago

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
Seeking Alpha - 3 months ago

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

Zacks Investment Research - 3 months ago

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?

GlobeNewsWire - 3 months ago

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 As...

The Motley Fool - 3 months ago

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
The Motley Fool - 3 months ago

The national Golden Week holiday failed to provide much lift.

Other stocks mentioned: LVS, MGM, WYNN
GlobeNewsWire - 3 months ago

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 announc...

Zacks Investment Research - 3 months ago

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.

The Motley Fool - 4 months ago

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

Other stocks mentioned: LVS, WYNN
Zacks Investment Research - 4 months ago

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
CNBC International TV - 4 months ago

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

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
The Motley Fool - 4 months ago

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

Other stocks mentioned: LVS, WYNN
Benzinga - 5 months ago

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
GlobeNewsWire - 5 months ago

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

CNBC Television - 5 months ago

Bulls bet on Melco Resorts & Snap

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

Other stocks mentioned: SNAP
CNBC Television - 5 months ago

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

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
The Motley Fool - 5 months ago

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

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

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
The Motley Fool - 5 months ago

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

Other stocks mentioned: LVS, WYNN
Zacks Investment Research - 6 months ago

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

Seeking Alpha - 6 months ago

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

Zacks Investment Research - 6 months ago

Melco (MLCO) delivered earnings and revenue surprises of 37.93% and -34.61%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

InvestorPlace - 6 months ago

This quintet of international stocks are poised to thrive as the world gets back to normal following the Covid-19 pandemic.

Other stocks mentioned: IMBBY, LVMUY, LVS, TCOM
InvestorPlace - 6 months ago

Although the pandemic took its toll on the gambling industry, these 7 gambling stocks remain a worthy investment for their future growth. The post Ante Into These 7 Gambling Stocks appeared ...

Other stocks mentioned: BYD, CZR, LVS, MGM, PENN, WYNN
CNBC Television - 6 months ago

Bulls bet on Melco Resorts and Raytheon

"Halftime Report" trader Jon Najarian spots unusual options activity in shares of Melco and Raytheon

Other stocks mentioned: RTX
The Motley Fool - 6 months ago

Macao was in the news in a good way for casino stocks today.

Other stocks mentioned: MGM, WYNN
GlobeNewsWire - 6 months ago

MACAU, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited (“Melco Resorts Finance”) announces that it has priced its international offering of 5.750% senior notes due 2028 (the ...

Zacks Investment Research - 6 months ago

Gaming revenues declined sharply in Macau due to a reduction in footfall as China continued to decline individual and group visas to Macau as a safety precaution.

Other stocks mentioned: LVS, MGM, WYNN
GlobeNewsWire - 6 months ago

MACAU, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited (“Melco Resorts Finance”) announces that it proposes to conduct an international offering of 5.750% senior notes due 20...

Reuters - 7 months ago

Casinos in the world's biggest gambling hub Macau are staring at heavy losses for the second quarter, with "not much hope" for a near-term recovery as a resurgence in coronavirus cases muddies...

Other stocks mentioned: LVS, MGM, WYNN
GlobeNewsWire - 7 months ago

Joining global initiative to tackle plastic waste led by the UN Environment Programme and the World Tourism Organisation in collaboration with the Ellen MacArthur Foundation Joining global ini...

Zacks Investment Research - 7 months ago

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.

About MLCO

The Company, with its American depositary shares listed on the Nasdaq Global Select Market (Nasdaq: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates Altira Macau (www.altiramacau.com), an integrated resort located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated resort located in Cotai, Macau. Its business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines ... [Read more...]

Industry
Resorts & Casinos
IPO Date
Dec 19, 2006
CEO
Yau Lung Ho
Employees
23,078
Stock Exchange
NASDAQ
Ticker Symbol
MLCO
Full Company Profile

Financial Performance

In 2019, MLCO's revenue was $5.74 billion, an increase of 10.56% compared to the previous year's $5.19 billion. Earnings were $373.17 million, an increase of 9.66%.

Financial Statements

Analyst Forecasts

According to 20 analysts, the average rating for MLCO stock is "Buy." The 12-month stock price forecast is 21.64, which is an increase of 3.29% from the latest price.

Price Target
$21.64
(3.29% upside)
Analyst Consensus: Buy