Home » Stocks » MLCO

Melco Resorts & Entertainment Limited (MLCO)

Stock Price: $16.12 USD 0.13 (0.81%)
Updated October 30, 4:00 PM EDT - Market closed

Stock Price Chart

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

Analyst Consensus: Buy

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

Year2019201820172016201520142013201220112010
Revenue5,7375,1895,2854,5193,9754,8025,0874,0783,8312,642
Revenue Growth10.56%-1.81%16.94%13.7%-17.23%-5.6%24.75%6.45%45%-
Gross Profit2,0991,8561,7321,4061,1761,4581,5291,1381,021624
Operating Income74861360536398.4268584050745492.51
Net Income373340345176106608637417295-10.53
Shares Outstanding1,4371,5071,4841,5171,6171,6481,6501,6451,6041,596
Earnings Per Share0.780.670.690.350.201.101.150.760.55-0.02
EPS Growth15.16%-2.6%100.29%76.92%-82.26%-4.43%51.92%38.39%--
Dividend Per Share0.800.561.680.720.120.62----
Dividend Growth43.39%-66.69%132.83%527.83%-81.51%-----
Operating Cash Flow8361,0531,1611,1585228951,152950745402
Capital Expenditures-449-667-514-479-1,356-1,313-592-228-94.00-203
Free Cash Flow388386647679-834-419560722651199
Cash & Equivalents1,4821,6121,5541,9522,6533,5253,1523,1241,523609
Total Debt4,8174,3493,8574,0134,1164,2042,8143,1952,3261,840
Net Cash / Debt-3,335-2,737-2,303-2,061-1,463-679339-70.99-803-1,231
Assets9,4889,1228,8959,34010,26210,4338,8147,9476,2704,884
Liabilities6,3456,1505,5595,5175,3305,3913,8894,2073,0822,361
Book Value2,4392,2972,8883,3444,3404,2864,2473,3862,9562,523
Numbers in millions USD, except per-share numbers.

Company Profile

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.