Melco Resorts & Entertainment/MLCO

$6.95

-4.4%
-
1D1W1MYTD1YMAX

About Melco Resorts & Entertainment

Melco Resorts & Entertainment Ltd is a Company engaged in the development and operation of resort facilities. The Company is engaged in the operation of casinos in Macau and Philippines. The Company operates three casinos based in Macau, namely, City of Dreams, Altira Macau and Studio City. In addition, the Company is engaged in the operation of hotels in Macau and Manila.

Ticker

MLCO

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Casinos & Gaming

CEO

Yau Lung Ho

Employees

20,209

Headquarters

Hong kong, Hong Kong

MLCO Metrics

BasicAdvanced
$3.22B
Market cap
-
P/E ratio
-$0.75
EPS
1.10
Beta
-
Dividend rate
$3.22B
1.09624
$14.46
$6.62
2.89M
1.399
1.373
0.14%
-4.71%
-5.79%
0.854
179.65%
62.91%
29.76%

What the Analysts think about MLCO

Analyst Ratings

Majority rating from 14 analysts.
Buy

Price Targets

Average projection from 12 analysts.
70.79% upside
High $18.00
Low $8.30
$6.95
Current price
$11.87
Average price target

MLCO Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-18.81% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.09B
7.51%
Net income
$-205.8M
1,162.58%
Profit margin
-18.81%
1,075.62%

MLCO Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 1,014.03%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.18
-$0.05
-$0.04
-$0.36
-
Expected
-$0.32
-$0.07
$0.03
$0.04
$0.03
Surprise
-41.59%
-16.92%
-206.32%
-1,014.03%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
ADR

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FAQs

What’s the current market cap for Melco Resorts & Entertainment stock?

Melco Resorts & Entertainment (MLCO) has a market cap of $3.22B as of April 13, 2024.

What is the P/E ratio for Melco Resorts & Entertainment stock?

The price to earnings (P/E) ratio for Melco Resorts & Entertainment (MLCO) stock is 0 as of April 13, 2024.

Does Melco Resorts & Entertainment stock pay dividends?

No, Melco Resorts & Entertainment (MLCO) stock does not pay dividends to its shareholders as of April 13, 2024.

When is the next Melco Resorts & Entertainment dividend payment date?

Melco Resorts & Entertainment (MLCO) stock does not pay dividends to its shareholders.

What is the beta indicator for Melco Resorts & Entertainment?

Melco Resorts & Entertainment (MLCO) has a beta rating of 1.1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Melco Resorts & Entertainment stock price target?

The target price for Melco Resorts & Entertainment (MLCO) stock is $11.87, which is 70.79% above the current price of $6.95. This is an average based on projections from 12 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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