MLCO - Melco Resorts & Entertainment Limited

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
24.42
-0.04 (-0.16%)
At close: 4:00PM EDT
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Previous Close24.46
Open24.64
Bid24.05 x 1000
Ask25.00 x 4000
Day's Range24.40 - 24.77
52 Week Range15.33 - 26.97
Volume864,472
Avg. Volume2,260,750
Market Cap1.437B
Beta (3Y Monthly)1.56
PE Ratio (TTM)37.57
EPS (TTM)0.65
Earnings DateJul 24, 2019
Forward Dividend & Yield0.62 (2.54%)
Ex-Dividend Date2019-05-17
1y Target Est28.19
Trade prices are not sourced from all markets
  • GlobeNewswire3 days ago

    Melco Announces Earnings Release Date

    MACAU, July 19, 2019 -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of casino gaming and entertainment casino resort facilities in.

  • Las Vegas Sands (LVS) to Post Q2 Earnings: What's in Store?
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  • GlobeNewswire4 days ago

    ‘The Art of Winning’ marketing campaign to promote official relaunch of Melco’s City of Dreams is honored at PATA Gold Awards 2019

    For the third year running, Melco Resorts & Entertainment Limited has been named winner of Pacific Asia Travel Association (PATA) Gold Awards, Hospitality Marketing. ‘The Art of Winning’ campaign was created to promote the relaunch of City of Dreams Macau, Melco’s flagship integrated resort, and the official opening of Morpheus, its US$1.1 billion ultra-luxury hotel designed by the late Dame Zaha Hadid. Melco achieved the PATA Gold Award in 2018 for Studio City’s ‘Dinosaur Hunt’ campaign, and the equivalent award in 2017 for its collaboration with Mainland Chinese television channel Hunan TV for the reality show ‘Up Idol II’.

  • Melco Resorts (MLCO) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
    Zacks6 days ago

    Melco Resorts (MLCO) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

    Melco (MLCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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    Strong Base Business to Aid Pool Corp (POOL) in Q2 Earnings

    Pool Corp's (POOL) large market presence along with expansions through acquisitions is likely to aid revenues in the second quarter.

  • GlobeNewswire7 days ago

    Altira Macau awarded the Green Key Standard of Excellence

    Full portfolio of Melco Resorts & Entertainment hotels in Macau is recognized for excellence in environmental responsibility and sustainable operations. MACAU, July 15, 2019 (GLOBE NEWSWIRE) -- Altira Macau, the first hotel property of Melco Resorts & Entertainment Limited and one of only five hotels in Asia to achieve 10 consecutive years of Forbes Travel Guide 5-star recognition for hotel and spa, has been honored with the Green Key standard of excellence in environmental responsibility and sustainable operations.

  • There's Reason to be Skeptical of Macao's Gambling Market
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  • GlobeNewswire10 days ago

    Melco awarded at the 8th Invest Cyprus International Investment Awards in recognition of its commitment to Cyprus

    The 8th Invest Cyprus International Investment Awards (ICIIA) organized by Invest Cyprus presented an award to Melco in recognition of its significant investment in Cyprus. Melco is developing Cyprus’ first licensed Integrated Casino Resort (ICR), City of Dreams Mediterranean, due to open its doors to international and local guests in late 2021. The ICIIA award was accepted by Melco Group Chairman and CEO, Mr Lawrence Ho, who thanked the Government of Cyprus for trusting his organisation with the creation and operation of what will be Europe’s largest ICR.

  • GlobeNewswire12 days ago

    Melco Resorts Finance Announces Pricing of Senior Notes Offering

    Melco Resorts Finance Limited (“Melco Resorts Finance”) announces that it has priced its international offering of senior notes (the “New Notes”). Melco Resorts Finance is a wholly-owned subsidiary of Melco Resorts & Entertainment Limited (“Melco”). The offering consists of US$600 million aggregate principal amount of 5.625% senior notes due 2027.

  • Moody's12 days ago

    Melco Resorts Finance Limited -- Moody's assigns Ba2 rating to Melco Resorts Finance's proposed notes

    Moody's Investors Service has assigned a Ba2 rating to the proposed senior unsecured US dollar notes to be issued by Melco Resorts Finance Limited (MRF, Ba2 stable). MRF plans to use the note proceeds to partially repay the principal amount outstanding under the 2015 Revolving Credit Facility at its subsidiary Melco Resorts (Macau) Limited. "The Ba2 rating reflects the established operations and high-quality assets of the group under the parent Melco Resorts & Entertainment Limited (MRE), which support its robust cash flow generation and good liquidity," says Sean Hwang, a Moody's Analyst.

  • GlobeNewswire13 days ago

    Melco Resorts Finance Announces Proposed Senior Notes Offering

    Melco Resorts Finance Limited (“Melco Resorts Finance”) announces that it proposes to conduct an international offering of senior notes (the “New Notes”), the net proceeds from which will be used to make a partial repayment of the principal amount outstanding under the revolving credit facility under the amended and restated credit facilities entered into by Melco Resorts (Macau) Limited, a subsidiary of Melco Resorts Finance, in 2015. Melco Resorts Finance is a wholly-owned subsidiary of Melco Resorts & Entertainment Limited (“Melco”). The New Notes are proposed to be senior obligations of Melco Resorts Finance, ranking equally with all of Melco Resorts Finance’s existing and future senior indebtedness.

  • 3 International Companies Whose Products You May Use Soon
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    3 International Companies Whose Products You May Use Soon

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  • Macau Gambling Revenues Rise in June: WYNN, LVS, MLCO Gain
    Zacks20 days ago

    Macau Gambling Revenues Rise in June: WYNN, LVS, MLCO Gain

    Macau, the world's largest gambling hub, witnesses an increase in Gross Gaming Revenue in June.

  • Top Consumer Cyclical Stocks for February 2019
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    Top Consumer Cyclical Stocks for February 2019

    Consumer cyclicals stocks are heavily dependent upon the strength of the economy and broader business cycles. Check out which cyclical stocks came out on top for February 2019.

  • Is Melco Resorts & Entertainment Limited (NASDAQ:MLCO) A Good Dividend Stock?
    Simply Wall St.21 days ago

    Is Melco Resorts & Entertainment Limited (NASDAQ:MLCO) A Good Dividend Stock?

    Is Melco Resorts & Entertainment Limited (NASDAQ:MLCO) a good dividend stock? How can we tell? Dividend paying...

  • Investors In Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Should Consider This, First
    Simply Wall St.21 days ago

    Investors In Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Should Consider This, First

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  • Wynn Stock Breaks Out as Macau Gaming Revenue Soars
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    Wynn Stock Breaks Out as Macau Gaming Revenue Soars

    Wynn shares broke out from key resistance amid an ongoing turnaround in Macau gaming revenue despite trade war concerns.

  • Moody's25 days ago

    Melco Resorts Finance Limited -- Moody's affirms Melco Resorts Finance's ratings following acquisition of Cyprus project; outlook stable

    Moody's Investors Service has affirmed Melco Resorts Finance Limited's (MRF) Ba2 corporate family rating as well as the Ba2 senior unsecured ratings on the company's $1 billion senior unsecured notes due 2025 and $500 million senior unsecured notes due 2026. "The rating affirmation mainly reflects the financial flexibility that the Melco group has to absorb future capital spending for the development of the Cyprus project," says Sean Hwang, a Moody's Analyst. "However, this development, together with the announced acquisition of a 19.99% stake in Crown Resorts, will materially reduce the group's financial headroom and is indicative of an increasing appetite for inorganic and organic growth," adds Hwang.

  • GlobeNewswire28 days ago

    Melco Announces Entry into Definitive Agreement to Acquire a 75% Equity Interest in the City of Dreams Mediterranean Project

    MACAU, June 24, 2019 -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner and operator of casino gaming and entertainment.

  • GlobeNewswirelast month

    Morpheus becomes first in Macau to win Prix Versailles award

    Morpheus by Melco Resorts & Entertainment Limited has become the first in Macau to win a Prix Versailles regional award. Honored with the prestigious architecture and design accolade at Prix Versailles 2019 for Central and Northeast Asia in the Hotels category, Morpheus is the world’s first free-form exoskeleton high-rise designed by the late Dame Zaha Hadid.

  • GlobeNewswirelast month

    Melco Announces the Continuation of the Award-Winning “The House of Dancing Water” Show

    Melco Resorts & Entertainment Limited (“Melco”) announces the continuation of “The House of Dancing Water” show, an award-winning spectacle at City of Dreams Macau following its nine years of success. Melco’s successful relation with Dragone started with the premiere of “The House of Dancing Water” in 2010. With the initial 10-year contract up for renewal, Melco and Dragone have mutually decided to continue the show under a new operational structure launched under the new agreement.

  • Moody's2 months ago

    Melco Resorts Finance Limited -- Moody's: Melco Resorts Finance's ratings unaffected by acquisition of Crown stake

    Moody's Investors Service says that Melco Resorts Finance Limited's (MRF) Ba2 corporate family and senior unsecured ratings are not immediately affected by the announcement on 30 May that its parent, Melco Resorts & Entertainment Limited (MRE), will acquire a 19.99% stake in Crown Resorts Limited (Baa2 stable) for AUD1.8 billion ($1.2 billion). "The acquisition of a 19.99% stake in Crown will significantly increase the Melco group's debt leverage, but the group's adequate financial flexibility and Crown's good credit quality mitigate this risk," says Sean Hwang, a Moody's Analyst. Moody's expects MRE will fund the majority of the stake purchase with additional debt, while also utilizing part of its internally generated cash and cash on hand, which amounted to $1.5 billion on a consolidated basis as of 31 March 2019.

  • Some Melco Resorts & Entertainment (NASDAQ:MLCO) Shareholders Are Down 41%
    Simply Wall St.2 months ago

    Some Melco Resorts & Entertainment (NASDAQ:MLCO) Shareholders Are Down 41%

    For many, the main point of investing is to generate higher returns than the overall market. But in any portfolio...

  • Reuters2 months ago

    Macau casino revenue hits 5-month high in May

    Gambling revenue in the Chinese territory of Macau hit a five-month high in May, although softer demand from high rollers amid a slowdown in the world's No.2 economy and a Sino-U.S. trade war continued to keep a lid on gains. Revenue was 25.95 billion patacas ($3.21 billion), the highest this year, Macau's Gaming Inspection and Coordination said on Saturday, versus 25.5 billion patacas a year ago and also up from April's monthly haul of 23.6 billion patacas. As the special administrative region marks 20 years since its handover from Portuguese rule, slower mainland economic growth, a weaker yuan and a simmering trade war threaten to derail growth.