Melco Resorts & Entertainment Limited (MLCO)
| Market Cap | 6.94B |
| 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 | n/a |
| Dividend Yield | n/a |
| Trading Day | July 23 |
| Last Price | $14.48 |
| Previous Close | $15.15 |
| Change ($) | -0.67 |
| Change (%) | -4.42% |
| Day's Open | 15.16 |
| Day's Range | 14.46 - 15.16 |
| Day's Volume | 3,014,805 |
| 52-Week Range | 14.28 - 23.65 |
MACAU, July 20, 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...
Melco Resorts & Entertainment Ltd (NASDAQ: MLCO) has adopted a Share Purchase and Award Program for its employees. This plan applies to eligible employees who agreed in 2020 to participate in the volunt...
MACAU, July 08, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”) today announced that it has adopted a Share Purchase and Award Program to recogni...
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Macau has witnessed month over month decline in casino Gross Gaming Revenues (GGR) in June.
Melco Resorts & Entertainment (MLCO) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
Three-year undertaking highlights commitment to diversification in Macau through world-class entertainment Three-year undertaking highlights commitment to diversification in Macau through world-class en...
The Macau Gaming industry witnesses an increase in Gross Gaming Revenues in May for the fourth straight month.
Highlighting four key sustainability objectives and progress made towards the Company's sustainability goals Highlighting four key sustainability objectives and progress made towards the Company's susta...
Supporting government efforts to build immunity, making vaccination a Company priority to ensure a safe environment for colleagues, guests and the community Supporting government efforts to build immuni...
Year-over-year gains look much more dramatic, however.
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?
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...
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...
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...
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...
And next month gambling revenue should skyrocket from the year-ago period.
New project progression video unveiled New project progression video unveiled
Yet the situation is as dire as ever in China's gambling district.
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...
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...
But China still needs to lift e-visa restrictions before a rebound can really begin.
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...
Entire property portfolio receives top tier recognition Altira Macau celebrates 12th consecutive year as Five-Star award recipient
But that's almost 3% better than it was in December.
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...
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 ...
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.
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 ...
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...
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...
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...
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...
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.
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....
The recovery in Macao's gambling revenue isn't coming as quickly as hoped.
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 ...
The coronavirus pandemic has been hurting the gaming industry as most of the casinos are witnessing lower traffic due to the outbreak.
Melco Resorts & Entertainment Limited (MLCO) CEO Lawrence Ho on Q3 2020 Results - Earnings Call Transcript
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?
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...
The Golden Week holiday didn't provide quite the hoped-for boost, but it got momentum moving in the right direction.
The national Golden Week holiday failed to provide much lift.
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...
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 world's largest gambling market is on the comeback trail.
Macau casino GGR declined in September owing to dismal footfall. Moreover, GGR declined 90% or more for the sixth straight month.
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 |
Analyst Forecasts
According to 20 analysts, the average rating for MLCO stock is "Buy." The 12-month stock price forecast is 21.38, which is an increase of 47.65% from the latest price.