Melco Resorts & Entertainment Limited (MLCO)

Market Cap	6.03B
Revenue (ttm)	1.49B
Net Income (ttm)	-838.52M
Shares Out	445.09M
EPS (ttm)	-1.78
PE Ratio	n/a
Forward PE	90.09
Dividend	n/a
Ex-Dividend Date	n/a

Volume	4,643,341
Open	13.43
Previous Close	13.58
Day's Range	13.43 - 14.24
52-Week Range	4.06 - 14.23
Beta	1.11
Analysts	Buy
Price Target	12.44 (-8.19%)
Earnings Date	Mar 7, 2023

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 511 gaming tables and 572 gaming machines; approximately 770 rooms, and suites and villas; 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 company also operates Altira Macau, a casino hotel, which has approximately 1...

• Industry: Resorts & Casinos
• Sector: Consumer Discretionary
• CEO: Yau Lung Ho
• Employees: 17,878
• Stock Exchange: NASDAQ
• Ticker Symbol: MLCO

Financial Performance

In 2021, MLCO's revenue was $2.01 billion, an increase of 16.46% compared to the previous year's $1.73 billion. Losses were -$811.75 million, -35.75% less than in 2020.

Analyst Forecast

According to 19 analysts, the average rating for MLCO stock is "Buy." The 12-month stock price forecast is $12.44, which is a decrease of -8.19% from the latest price.

Price Target

$12.44

(-8.19% downside)

Analyst Consensus: Buy