MLCO - Melco Resorts & Entertainment Limited

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
17.78
-0.27 (-1.50%)
At close: 4:00PM EDT
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Previous Close18.05
Open18.25
Bid17.60 x 2900
Ask17.81 x 800
Day's Range17.67 - 18.35
52 Week Range17.67 - 32.95
Volume2,183,164
Avg. Volume4,257,007
Market Cap8.709B
Beta (3Y Monthly)1.49
PE Ratio (TTM)21.32
EPS (TTM)0.83
Earnings DateOct 31, 2018 - Nov 5, 2018
Forward Dividend & Yield0.58 (3.15%)
Ex-Dividend Date2018-08-03
1y Target Est30.57
Trade prices are not sourced from all markets
  • Reuters3 days ago

    Melco delays Philippine tender offer, cancels delisting amid minority investor feud

    MANILA/HONG KONG Oct 19 (Reuters) - Melco Resorts & Entertainment Ltd on Friday postponed a tender offer for its Philippine casino subsidiary for a second time and withdrew its application to delist the unit, amid minority shareholder opposition to the proposed price. Melco Resorts and Entertainment (Philippines) Corp in a disclosure said the purpose of the offer - scheduled for Monday after being first postponed on Oct. 1 - will be to increase its majority owner's shareholding, rather than delist. It is currently building a resort in Cyprus and shifting focus to Japan where it hopes to win a casino license in the coming year.

  • GlobeNewswire12 days ago

    Studio City International Holdings Limited Announces Launch of Initial Public Offering of ADSs

    MACAU, Oct. 09, 2018 -- Studio City International Holdings Limited (“Studio City”), a cinematically-themed, world-class gaming, retail and entertainment resort, today announces.

  • GlobeNewswire18 days ago

    Melco recognized as a top brand at the world’s top destination by ‘Forbes Travel Guide 2018 Most Luxurious Hotels/Spas’

    Melco Resorts & Entertainment Limited (MLCO) (“Melco”) is pleased to announce that it has attained the top number of entries for any global hospitality group in Greater China in the “Forbes Travel Guide 2018 World’s Most Luxurious Hotels” and “Forbes Travel Guide 2018 World’s Most Luxurious Spas”, with three hotels and two spas under the Melco brand garnering the prestigious recognition.  The publication has named Macau as a top global destination which features the biggest number of highlighted properties, with Melco leading the Macau-based list of hotels with Altira Macau and Nüwa Macau. Melco’s other hotels and spas to attain this accolade include Nüwa Manila, Nüwa Macau Spa and Zensa Spa at Studio City.  Notably, Nüwa Macau and Nüwa Spa Macau were honored across both the hotel and spa categories, one of only eight global double winners where same-property hotel and spa were honored by the world-renowned travel guide.

  • GlobeNewswire19 days ago

    Melco recognized as a top brand at the world’s top destination by ‘Forbes Travel Guide 2018 Most Luxurious Hotels/Spas’

    Melco Resorts & Entertainment Limited (“Melco”) is pleased to announce that it has attained the second highest number of entries for any global hospitality group in the “Forbes Travel Guide 2018 World’s Most Luxurious Hotels” and “Forbes Travel Guide 2018 World’s Most Luxurious Spas”, with three hotels and two spas under the Melco brand garnering the prestigious recognition.  The publication has named Macau as a top global destination which features the biggest number of highlighted properties, with Melco leading the Macau-based list of hotels with Altira Macau and Nüwa Macau. Melco’s other hotels and spas to attain this accolade include Nüwa Manila, Nüwa Macau Spa and Zensa Spa at Studio City.  Notably, Nüwa Macau and Nüwa Spa Macau were honored across both the hotel and spa categories, one of only eight global double winners where same-property hotel and spa were honored by the world-renowned travel guide.

  • Reuters21 days ago

    Macau casinos post Sept revenues of $2.73 bln

    HONG KONG, Oct 1 - Gambling revenue in the Chinese territory of Macau posted a 2.8 percent gain in September, with solid demand from Chinese betters keen to play in the country's only legal casino hub. ...

  • Reuters21 days ago

    Macau casinos post Sept revenues of $2.73 bln

    HONG KONG, Oct 1 - Gambling revenue in the Chinese territory of Macau posted a 2.8 percent gain in September, with solid demand from Chinese betters keen to play in the country's only legal casino hub. ...

  • GlobeNewswire25 days ago

    Detailed Research: Economic Perspectives on Melco Resorts & Entertainment, New York Mortgage Trust, Canadian National Railway, National General, Delek Logistics Partners, and Brookfield Property Partners — What Drives Growth in Today's Competitive Landscape

    NEW YORK, Sept. 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...

  • These 2 Casino Stocks Should Benefit Most From Macau's Rebound
    Motley Fool27 days ago

    These 2 Casino Stocks Should Benefit Most From Macau's Rebound

    A surprise bounce in August gaming revenue could signal Macau is not down and out yet.

  • GlobeNewswirelast month

    Melco’s four hotels attain Green Key Awards – Becoming Macau’s first and only company to achieve global accolade for its efforts in sustainability

    Melco Resorts & Entertainment Limited (MLCO) is pleased to announce it has become Macau’s first and only company to achieve the prestigious Green Key Awards for four of its integrated resort properties Morpheus, Nüwa, The Countdown at City of Dreams and Studio City Hotel. The award is a global tourism industry eco-label which recognizes excellence in the field of environmental responsibility and sustainable operation. With environmental sustainability being a core focus of Melco’s social corporate responsibility, each of the four hotels garnered the esteemed award upon compliance with the highest environmental management standards set by the Foundation for Environmental Education (FEE).

  • 3 Surprisingly Strong Dividend Stocks
    Motley Foollast month

    3 Surprisingly Strong Dividend Stocks

    The best way to win money in Vegas isn't casinos -- it's dividends.

  • 4 Casino Stocks That Are Roaring Higher
    InvestorPlace2 months ago

    4 Casino Stocks That Are Roaring Higher

    As goes Macau, so goes casino stocks. That has been the trend this decade for casinos with any exposure to Macau, which is considered by many to be Asia’s far-bigger version of Las Vegas. When things in Macau are going well, casino stocks are in rally mode. When things in Macau aren’t going well, casino stocks struggle.

  • Reuters2 months ago

    Macau's booming casinos post 17 percent revenue gain in August

    Sept 1 - Gambling revenue in the Chinese territory of Macau posted a 17 percent gain in August, thanks to active gaming by Chinese betters keen to play in the country's only legal casino hub. August's ...

  • Reuters2 months ago

    Macau's booming casinos post 17 percent revenue gain in August

    (Widens distribution) Sept 1 - Gambling revenue in the Chinese territory of Macau posted a 17 percent gain in August, thanks to active gaming by Chinese betters keen to play in the country's only legal ...

  • As Las Vegas and Macau Slow, Casinos Look Elsewhere for Growth
    Motley Fool2 months ago

    As Las Vegas and Macau Slow, Casinos Look Elsewhere for Growth

    Is there enough opportunity in sports betting and Japan to make up the difference?

  • Casinos to Start Jockeying for Japan's 3 New Licenses
    Motley Fool2 months ago

    Casinos to Start Jockeying for Japan's 3 New Licenses

    Getting casino gambling legalized may soon look like the easy part.

  • Melco Resorts & Entertainment (MLCO): Moving Average Crossover Alert
    Zacks2 months ago

    Melco Resorts & Entertainment (MLCO): Moving Average Crossover Alert

    Melco Resorts & Entertainment Limited (MLCO) could be a stock to avoid from a technical perspective

  • Investor's Business Daily3 months ago

    Casino Stocks Bust On Caesars Entertainment Guidance, Big Wynn Miss, Macau Revenue

    Casino stocks plunged as Caesars Entertainment gave weak guidance and Chinese gambling mecca Macau revenue came in light again. Wynn Resorts earnings missed badly after the close.

  • Reuters3 months ago

    Macau gambling revenues jump 10 percent in July

    Gambling revenue in the Chinese territory of Macau rose 10.3 percent in July from a year ago period, bolstered by demand from Chinese betters keen to play in the country's only legal casino hub. Figures from Macau's Gaming Inspection and Coordination bureau showed on Wednesday revenues were up from the month of June, reaching 25.3 billion patacas ($3.14 billion) versus analyst expectations of 5-13 percent growth. Macro factors including tighter Chinese credit and softening economic growth may also crimp demand from VIP players going forward.

  • Reuters3 months ago

    Macau gambling revenues jump 10 percent in July

    Aug 1 - Gambling revenue in the Chinese territory of Macau rose 10.3 percent in July from a year ago period, bolstered by demand from Chinese betters keen to play in the country's only legal casino hub. ...

  • Melco Resorts Shrinking in Critical Macau Market
    Motley Fool3 months ago

    Melco Resorts Shrinking in Critical Macau Market

    Competition is taking a bite out of Melco Resorts' business.

  • Reuters3 months ago

    Former owner of 500 Macau greyhounds announces rehousing plan

    An official of Macau's Yat Yuen, the company that ran the only dog-racing track in the world's largest gambling hub until last week, joined hands on Friday with animal rights group Anima to announce plans for a centre to rehouse more than 500 greyhounds. The animals, temporarily adopted by authorities after being abandoned by Yat Yuen, which ran Macau's Canidrome Club until the track closed, are to live at the centre until they find new homes, allowing the public a chance to interact with them. "We are performing our social responsibility and also doing what we promised," Angela Leong, the executive director of Yat Yuen, told a news conference, held jointly with Macau-based Anima, that was streamed live on Facebook.

  • Reuters3 months ago

    Former owner of 500 Macau greyhounds announces rehousing plan

    An official of Macau's Yat Yuen, the company that ran the only dog-racing track in the world's largest gambling hub until last week, joined hands on Friday with animal rights group Anima to announce plans for a centre to rehouse more than 500 greyhounds. The animals, temporarily adopted by authorities after being abandoned by Yat Yuen, which ran Macau's Canidrome Club until the track closed, are to live at the centre until they find new homes, allowing the public a chance to interact with them. "We are performing our social responsibility and also doing what we promised," Angela Leong, the executive director of Yat Yuen, told a news conference, held jointly with Macau-based Anima, that was streamed live on Facebook.

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of MLCO earnings conference call or presentation 24-Jul-18 12:30pm GMT

    Q2 2018 Melco Resorts & Entertainment Ltd Earnings Call

  • Bulls bet on this gaming stock. Plus, the trades on Unite...
    CNBC Videos2 months ago

    Bulls bet on this gaming stock. Plus, the trades on Unite...

    "Halftime Report" traders Jon and Pete Najarian spot unusual options activity in shares of Melco Crown, United Health, CVS & Schlumberger.

  • Melco's Ho Says He's Seeking Partnerships for Japan IR Bids
    Bloomberg Video3 months ago

    Melco's Ho Says He's Seeking Partnerships for Japan IR Bids

    Jul.26 -- Melco Resorts & Entertainment Ltd. Chief Executive Officer Lawrence Ho explains how he plans to win a license to operate a integrated resort in Japan. He also discusses the company's operations in Macau. He speaks from Tokyo with Yvonne Man and Ramy Inocencio on "Bloomberg Daybreak: Asia."