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Melco Resorts & Entertainment Limited (MLCO)

Stock Price: $17.37 USD -0.55 (-3.07%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
After-hours: $17.87 +0.50 (2.88%) Aug 7, 6:08 PM

Stock Price Chart

Key Info

Market Cap 8.28B
Revenue (ttm) 5.16B
Net Income (ttm) 373.17M
Shares Out 459.92M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE 61.73
Dividend $0.66
Dividend Yield 3.80%

Stock Quote

Trading Day Aug 7, 2020
Last Price $17.37
Previous Close $17.92
Change ($) -0.55
Change (%) -3.07%
Day's Open 17.40
Day's Range 17.24 - 17.94
Day's Volume 3,009,974
52-Week Range 10.81 - 25.22

More Stats

Market Cap 8.28B
Enterprise Value 11.62B
Earnings Date (est) Oct 29, 2020
Ex-Dividend Date n/a
Shares Outstanding 459.92M
Float 201.37M
EPS (basic) 0.781
EPS (diluted) -0.23
FCF / Share 0.81
Dividend $0.66
Dividend Yield 3.80%
Earnings Yield n/a
FCF Yield 4.68%
Payout Ratio 102.80%
Shares Short 3.55M
Short Ratio 1.27
Short % of Float n/a
Beta 1.98
PE Ratio n/a
Forward PE 61.73
P/FCF Ratio 21.37
PS Ratio 1.60
PB Ratio 3.99
Revenue 5.16B
Operating Income 747.68M
Net Income 373.17M
Free Cash Flow 387.53M
Net Cash -3.34B
Net Cash / Share -7.00
Gross Margin 40.64%
Operating Margin 14.48%
Profit Margin 6.50%
FCF Margin 7.50%
ROA 2.86%
ROE -4.98%
ROIC 7.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (19)

Buy 15
Overweight 2
Hold 1
Underweight 0
Sell 1

Analyst Consensus: Buy

Price Target

$21.38*
(23.09% upside)
Low
10.4
Current: $17.37
High
28.0
Target: 21.38
*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

Melco Resorts & Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino 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 company also operates Altira Macau, a casino hotel, which has approximately 103 gaming tables and 178 gaming machines; 230 hotel rooms; various dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising a spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically-themed integrated entertainment, retail, and gaming resort that comprises 293 gaming tables and 947 gaming machines in Cotai, Macau. Further, the company owns and operates eight Mocha Clubs with 1,478 gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, a casino, hotel, retail, and entertainment integrated resort in the Entertainment City complex in Manila. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. The company was incorporated in 2004 and is based in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.