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Melco Resorts & Entertainment/$MLCO

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About Melco Resorts & Entertainment

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.

Ticker

$MLCO
Trading on

Industry

Hotels, Restaurants & Leisure

Headquarters

Central, Hong Kong

Employees

20,209

MLCO Metrics

BasicAdvanced
$2.8B
Market cap
-
P/E ratio
-$0.33
EPS
1.07
Beta
-
Dividend rate
$2.8B
1.07
$9.56
$4.78
3.7M
1.189
1.055
-828.757
-838.621
1.01%
3.75%
27.72%
0.65
-2.19
-1.26
50.42%
-61.59%
30.15%
-43.29%

What the Analysts think about MLCO

Analyst Ratings

Analyst ratings (Buy, Hold, Sell) for Melco Resorts & Entertainment stock.

MLCO Financial Performance

Income Statement

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

MLCO Earnings Performance

Earnings per share (EPS)

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
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. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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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 $2.8B as of December 15, 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 December 15, 2024.

Does Melco Resorts & Entertainment stock pay dividends?

No, Melco Resorts & Entertainment (MLCO) stock does not pay dividends to its shareholders as of December 15, 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 1.07. 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.