Melco Resorts & Entertainment Limited (MLCO)
Stock Price:
$16.12 USD
0.13 (0.81%)
Updated October 30, 4:00 PM EDT - Market closed
Key Info
| Market Cap |
7.69B |
| Revenue (ttm) |
5.74B |
| Net Income (ttm) |
373.17M |
| Shares Out |
476.93M |
| EPS (ttm) |
-1.22 |
| PE Ratio |
n/a |
| Forward PE |
31.85 |
| Dividend |
$0.66 |
| Dividend Yield |
4.09% |
Stock Quote
| Trading Day |
October 30 |
| Last Price |
$16.12 |
| Previous Close |
$15.99 |
| Change ($) |
0.13 |
| Change (%) |
0.81% |
| Day's Open |
15.69 |
| Day's Range |
15.69 - 16.32 |
| Day's Volume |
3,809,221 |
| 52-Week Range |
10.81 - 25.22 |
More Stats
| Market Cap |
7.69B |
| Enterprise Value |
11.02B |
| Earnings Date (est) |
Nov 5, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
476.93M |
| Float |
476.03M |
| EPS (basic) |
0.78 |
| EPS (diluted) |
-1.22 |
| FCF / Share |
0.81 |
| Dividend |
$0.66 |
| Dividend Yield |
4.09% |
| Earnings Yield |
n/a |
| FCF Yield |
5.04% |
| Payout Ratio |
102.80% |
| Shares Short |
2.71M |
| Short Ratio |
0.92 |
| Short % of Float |
0.57% |
| Beta |
1.98 |
| PE Ratio |
n/a |
| Forward PE |
31.85 |
| P/FCF Ratio |
19.84 |
| PS Ratio |
1.34 |
| PB Ratio |
4.78 |
| Revenue |
5.74B |
| Operating Income |
747.68M |
| Net Income |
373.17M |
| Free Cash Flow |
387.53M |
| Net Cash |
-3.34B |
| Net Cash / Share |
-6.99 |
| Gross Margin |
54.15% |
| Operating Margin |
13.03% |
| Profit Margin |
6.50% |
| FCF Margin |
6.76% |
| ROA |
-1.16% |
| ROE |
-26.09% |
| ROIC |
7.30% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (19)
| Buy |
14 |
| Overweight |
1 |
| Hold |
3 |
| Underweight |
1 |
| Sell |
0 |
Price Target
$21.78*
(35.11% upside)
Low
15.8
Current: $16.12
High
35.0
Target: 21.78
*Average 12-month price target from 17 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 5,737 | 5,189 | 5,285 | 4,519 | 3,975 | 4,802 | 5,087 | 4,078 | 3,831 | 2,642 |
| Revenue Growth | 10.56% | -1.81% | 16.94% | 13.7% | -17.23% | -5.6% | 24.75% | 6.45% | 45% | - |
| Gross Profit | 2,099 | 1,856 | 1,732 | 1,406 | 1,176 | 1,458 | 1,529 | 1,138 | 1,021 | 624 |
| Operating Income | 748 | 613 | 605 | 363 | 98.42 | 685 | 840 | 507 | 454 | 92.51 |
| Net Income | 373 | 340 | 345 | 176 | 106 | 608 | 637 | 417 | 295 | -10.53 |
| Shares Outstanding | 1,437 | 1,507 | 1,484 | 1,517 | 1,617 | 1,648 | 1,650 | 1,645 | 1,604 | 1,596 |
| Earnings Per Share | 0.78 | 0.67 | 0.69 | 0.35 | 0.20 | 1.10 | 1.15 | 0.76 | 0.55 | -0.02 |
| EPS Growth | 15.16% | -2.6% | 100.29% | 76.92% | -82.26% | -4.43% | 51.92% | 38.39% | - | - |
| Dividend Per Share | 0.80 | 0.56 | 1.68 | 0.72 | 0.12 | 0.62 | - | - | - | - |
| Dividend Growth | 43.39% | -66.69% | 132.83% | 527.83% | -81.51% | - | - | - | - | - |
| Operating Cash Flow | 836 | 1,053 | 1,161 | 1,158 | 522 | 895 | 1,152 | 950 | 745 | 402 |
| Capital Expenditures | -449 | -667 | -514 | -479 | -1,356 | -1,313 | -592 | -228 | -94.00 | -203 |
| Free Cash Flow | 388 | 386 | 647 | 679 | -834 | -419 | 560 | 722 | 651 | 199 |
| Cash & Equivalents | 1,482 | 1,612 | 1,554 | 1,952 | 2,653 | 3,525 | 3,152 | 3,124 | 1,523 | 609 |
| Total Debt | 4,817 | 4,349 | 3,857 | 4,013 | 4,116 | 4,204 | 2,814 | 3,195 | 2,326 | 1,840 |
| Net Cash / Debt | -3,335 | -2,737 | -2,303 | -2,061 | -1,463 | -679 | 339 | -70.99 | -803 | -1,231 |
| Assets | 9,488 | 9,122 | 8,895 | 9,340 | 10,262 | 10,433 | 8,814 | 7,947 | 6,270 | 4,884 |
| Liabilities | 6,345 | 6,150 | 5,559 | 5,517 | 5,330 | 5,391 | 3,889 | 4,207 | 3,082 | 2,361 |
| Book Value | 2,439 | 2,297 | 2,888 | 3,344 | 4,340 | 4,286 | 4,247 | 3,386 | 2,956 | 2,523 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Melco Resorts & Entertainment Limited |
| Country |
Hong Kong |
| Employees |
23,078 |
| CEO |
Yau Lung Ho |
Stock Information
| Ticker Symbol |
MLCO |
| Stock Exchange |
NASDAQ |
| Sector |
Consumer Cyclical |
| Industry |
Resorts & Casinos |
| Unique Identifier |
NASDAQ: MLCO |
| IPO Date |
December 19, 2006 |
Description
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 urban 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 in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company is currently developing City of Dreams Mediterranean (www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which is expected to be the largest and premier integrated destination resort in Europe. The Company is currently operating a temporary casino, the first authorized casino in the Republic of Cyprus, and is licensed to operate four satellite casinos (?Cyprus Casinos?). Upon the opening of City of Dreams Mediterranean, the Company will continue to operate the satellite casinos while operation of the temporary casino will cease. For more information about the Company, please visit www.melco-resorts.com.