- Previous Close
7.99 - Open
8.15 - Bid 8.16 x 1200
- Ask 8.19 x 1200
- Day's Range
8.01 - 8.21 - 52 Week Range
4.78 - 9.56 - Volume
1,667,221 - Avg. Volume
3,905,273 - Market Cap (intraday)
3.598B - Beta (5Y Monthly) 1.06
- PE Ratio (TTM)
-- - EPS (TTM)
-0.43 - Earnings Date Aug 13, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date Feb 28, 2020
- 1y Target Est
9.46
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 gaming tables and gaming machines; suites and villas; restaurants and bars; retail outlets; a wet stage performance theater; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spas and salons and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has gaming tables and gaming machines; hotel rooms; dining and casual restaurants; recreation and leisure facilities; and non-gaming amenities. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau. Further, the company owns and operates Mocha Clubs with gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; a casino in Limassol and satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus; and develops and operates City of Dreams Mediterranean, an integrated casino resort in Cyprus. 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 headquartered in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.
www.melco-resorts.com20,209
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
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Performance Overview: MLCO
Trailing total returns as of 10/7/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
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Statistics: MLCO
View MoreValuation Measures
Market Cap
3.60B
Enterprise Value
9.94B
Trailing P/E
--
Forward P/E
19.01
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
0.82
Price/Book (mrq)
--
Enterprise Value/Revenue
2.27
Enterprise Value/EBITDA
12.03
Financial Highlights
Profitability and Income Statement
Profit Margin
-4.24%
Return on Assets (ttm)
3.38%
Return on Equity (ttm)
--
Revenue (ttm)
4.38B
Net Income Avi to Common (ttm)
-185.63M
Diluted EPS (ttm)
-0.43
Balance Sheet and Cash Flow
Total Cash (mrq)
1.15B
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
--
Research Analysis: MLCO
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Research Reports: MLCO
View MoreMelco Resorts Earnings: Results in Line With Market Share Gain, but Cost Moved Higher
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 82.5% from Macao with the rest largely from the Philippines as of first-half 2024.
RatingPrice TargetMelco Resorts Earnings: Results in Line With Market Share Gain, but Cost Moved Higher
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 82.5% from Macao with the rest largely from the Philippines as of first-half 2024.
RatingPrice TargetMelco Resorts Earnings: Results in Line With Market Share Gain, but Cost Moved Higher
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 82.5% from Macao with the rest largely from the Philippines as of first-half 2024.
RatingPrice TargetMelco Resorts Earnings: Melco Returned to Net Profit; Liquidity Profile Improved
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao with the rest largely from the Philippines as of 2019.
RatingPrice Target