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Melco Resorts & Entertainment Limited (MLCO)

6.40 +0.09 (+1.42%)
As of 12:40 PM EDT. Market Open.
Loading Chart for MLCO
DELL
  • Previous Close 6.31
  • Open 6.32
  • Bid 6.39 x 200
  • Ask 6.45 x 800
  • Day's Range 6.29 - 6.53
  • 52 Week Range 6.10 - 14.00
  • Volume 1,071,941
  • Avg. Volume 2,948,846
  • Market Cap (intraday) 2.837B
  • Beta (5Y Monthly) 1.10
  • PE Ratio (TTM) --
  • EPS (TTM) -0.75
  • Earnings Date Apr 30, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date Feb 28, 2020
  • 1y Target Est 11.47

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.com

20,209

Full Time Employees

December 31

Fiscal Year Ends

Recent News: MLCO

Performance Overview: MLCO

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MLCO
27.85%
MSCI WORLD
5.37%

1-Year Return

MLCO
51.63%
MSCI WORLD
19.71%

3-Year Return

MLCO
65.90%
MSCI WORLD
0.00%

5-Year Return

MLCO
74.79%
MSCI WORLD
54.21%

Compare To: MLCO

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Statistics: MLCO

Valuation Measures

Annual
As of 4/25/2024
  • Market Cap

    2.80B

  • Enterprise Value

    9.25B

  • Trailing P/E

    --

  • Forward P/E

    26.32

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.73

  • Price/Book (mrq)

    --

  • Enterprise Value/Revenue

    2.45

  • Enterprise Value/EBITDA

    14.60

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -8.66%

  • Return on Assets (ttm)

    1.93%

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    3.78B

  • Net Income Avi to Common (ttm)

    -326.92M

  • Diluted EPS (ttm)

    -0.75

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.31B

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    445.64M

Research Analysis: MLCO

Analyst Price Targets

8.20
11.47 Average
6.40 Current
18.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: MLCO

Fair Value

6.40 Current
 

Dividend Score

0 Low
MLCO
Sector Avg.
100 High
 

Hiring Score

0 Low
MLCO
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
MLCO
Sector Avg.
100 High
 

Research Reports: MLCO

  • Analyst Report: Melco Resorts & Entertainment Limited

    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.

    Rating
    Price Target
     
  • Analyst Report: Melco Resorts & Entertainment Limited

    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.

    Rating
    Price Target
     
  • Analyst Report: Melco Resorts & Entertainment Limited

    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.

    Rating
    Price Target
     
  • Analyst Report: Melco Resorts & Entertainment Limited

    Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on VIP 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.

    Rating
    Price Target
     

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