Melco Resorts & Entertainment Limited logo

Melco Resorts & Entertainment LimitedNASDAQ: MLCO

Profile

Country:

Hong Kong

IPO:

19 December 2006

Next earnings report:

07 November 2024

Last dividends:

28 February 2020

Next dividends:

N/A
$2.98 B
-53%vs. 3y high
66%vs. sector
-vs. 3y high
-vs. sector
-101%vs. 3y high
10%vs. sector
-85%vs. 3y high
46%vs. sector

Price

regular market | 9 min ago
$6.76+$0.02(+0.30%)

Dividend

No data over the past 3 years
$1.16 B$1.15 B
$1.16 B$21.39 M

Analysts recommendations

Institutional Ownership

MLCO Latest News

Should Value Investors Buy Melco Resorts & Entertainment Limited (MLCO) Stock?
zacks.com01 November 2024 Sentiment: -

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Melco Announces Earnings Release Date
globenewswire.com30 October 2024 Sentiment: POSITIVE

MACAU, Oct. 30, 2024 (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 will release its unaudited financial results for the third quarter of 2024 on Tuesday, November 5, 2024 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 9:30 p.m. Singapore Time).

Wall Street Analysts Predict a 30.89% Upside in Melco (MLCO): Here's What You Should Know
zacks.com16 October 2024 Sentiment: POSITIVE

The average of price targets set by Wall Street analysts indicates a potential upside of 30.9% in Melco (MLCO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Are Investors Undervaluing Melco Resorts & Entertainment Limited (MLCO) Right Now?
zacks.com16 October 2024 Sentiment: POSITIVE

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Melco Resorts Has Been Left Financially Distressed
seekingalpha.com01 October 2024 Sentiment: NEGATIVE

Melco Resorts & Entertainment has faced significant challenges in past years from China's response to COVID, as tourism in Macau has suffered greatly. While Macau's tourism has recovered and the Chinese economy looks to gain from stimulus measures, remaining strict VIP casino guidelines continue to pressure the overall performance. Melco's relatively low margin level and high debt leverage risks to investors, and pose a major risk. Melco's real estate holdings should still provide a good safety net.

Melco Resorts Stock's Big Boost From China's Stimulus Plans
fool.com26 September 2024 Sentiment: POSITIVE

China will provide "necessary fiscal spending" to kick-start a sluggish economy. The stock market in China has struggled recently, and this news brought it back to life.

Melco (MLCO) Q2 Earnings & Revenues Miss Estimates, Rise Y/Y
zacks.com14 August 2024 Sentiment: POSITIVE

Melco's (MLCO) second-quarter 2024 results reflect improved performance in the mass market segment and non-gaming operations. Yet, high costs and expenses partially mar prospects.

Compared to Estimates, Melco (MLCO) Q2 Earnings: A Look at Key Metrics
zacks.com13 August 2024 Sentiment: POSITIVE

While the top- and bottom-line numbers for Melco (MLCO) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Melco Announces Unaudited Second Quarter 2024 Earnings
globenewswire.com13 August 2024 Sentiment: POSITIVE

MACAU, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the second quarter of 2024.

Unveiling Melco (MLCO) Q2 Outlook: Wall Street Estimates for Key Metrics
zacks.com08 August 2024 Sentiment: POSITIVE

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Melco (MLCO), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

  • 1(current)

What type of business is Melco Resorts & Entertainment Limited?

Melco Resorts & Entertainment Ltd. is the owner of a network of integrated resorts with casinos, hotels, shopping centers, and entertainment facilities in Asia. The company was formed in 2004. The headquarters are located in Hong Kong (China). Through its subsidiaries, the company builds, owns, and operates gaming and entertainment resort complexes in Asia, including casinos. It is primarily engaged in gaming and hotel business in Asia, with its main operational and development activities carried out in more than two geographical regions, including Macau and the Philippines. The segments in which the company operates include City of Dreams, Altira Macau, Studio City, Mocha Clubs, City of Dreams Manila, as well as the Corporate and Other segment.

What sector is Melco Resorts & Entertainment Limited in?

Melco Resorts & Entertainment Limited is in the Consumer Cyclical sector

What industry is Melco Resorts & Entertainment Limited in?

Melco Resorts & Entertainment Limited is in the Resorts & Casinos industry

What country is Melco Resorts & Entertainment Limited from?

Melco Resorts & Entertainment Limited is headquartered in Hong Kong

When did Melco Resorts & Entertainment Limited go public?

Melco Resorts & Entertainment Limited initial public offering (IPO) was on 19 December 2006

What is Melco Resorts & Entertainment Limited website?

https://www.melco-resorts.com

Is Melco Resorts & Entertainment Limited in the S&P 500?

No, Melco Resorts & Entertainment Limited is not included in the S&P 500 index

Is Melco Resorts & Entertainment Limited in the NASDAQ 100?

No, Melco Resorts & Entertainment Limited is not included in the NASDAQ 100 index

Is Melco Resorts & Entertainment Limited in the Dow Jones?

No, Melco Resorts & Entertainment Limited is not included in the Dow Jones index

When was Melco Resorts & Entertainment Limited the previous earnings report?

No data

When does Melco Resorts & Entertainment Limited earnings report?

The next expected earnings date for Melco Resorts & Entertainment Limited is 07 November 2024