Range
9.93 - 10.53
Vol / Avg.
5M/4.5M
Div / Yield
-
52 Wk
9.78 - 23.65
Mkt Cap
4.8B
Payout Ratio
-
Open
10.36
P/E
-
EPS
-0.39
Shares
479.3M
Outstanding
479.3M
Total Float
-
Sector: Consumer Discretionary.Industry: Hotels, Restaurants & Leisure
Melco Resorts is one of only six companies with a licence to operate casinos in Macao, the only region in China with legalized gambling. It operates Altira, a complex focused on VIP customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium-end patrons; and Mocha Clubs electronic gaming machines. In addition, the company also has a majority interest in Studio City, a new casino in Cotai that opened in October 2015. Outside Macao, Melco also owns City of Dreams Manila in Philippines, and 75% stake in City of Dreams Mediterranean in Cyprus. The business mix in term of adjusted EBITDA was about 84% from Macao, and the rest largely from Philippines as of 2019.

Earnings

see more
Q3 2021Est.ActualSurprise
EPS
(EXPECTED)2021-11-04
REV
Q2 2021Est.ActualSurprise
EPS-0.360-0.351 0.0090
REV615.160M566.440M-48.720M

Analyst Ratings

see more
DateAnalyst FirmAnalyst NameActionRatingAction Price Prior Price Target

Related Companies

TickerCompanyChg %Mkt Cap
MLCOMelco Resorts and Enter-4.51%4.8B

Melco Resorts and Enter Questions & Anwsers

Q

How do I buy Melco Resorts and Enter (MLCO) stock?

A

You can purchase shares of Melco Resorts and Enter (NASDAQ: MLCO) through any online brokerage.

View our list of the best stock brokerages.

Q

Who are Melco Resorts and Enter's (MLCO) competitors?

Q

What is the target price for Melco Resorts and Enter (MLCO) stock?

A

The latest price target for Melco Resorts and Enter (NASDAQ: MLCO) was reported by JP Morgan on September 16, 2021. The analyst firm set a price target for 10.00 expecting MLCO to rise to within 12 months (a possible 0.50% upside). 6 analyst firms have reported ratings in the last year.

Q

Current Stock Price for Melco Resorts and Enter (MLCO)?

A

The stock price for Melco Resorts and Enter (NASDAQ: MLCO) is $9.95 last updated Fri Sep 24 2021 20:00:02 GMT+0000 (Coordinated Universal Time).

Q

Does Melco Resorts and Enter (MLCO) pay a dividend?

A

There are no upcoming dividends for Melco Resorts and Enter. The last dividend paid out to investors was $0.03 on February 28, 2020.

Q

When is Melco Resorts and Enter (NASDAQ:MLCO) reporting earnings?

A
Melco Resorts and Enter’s Q3 earnings are confirmed for after-market on November 4, 2021.
Q

Is Melco Resorts and Enter (MLCO) going to split?

A

There is no upcoming split for Melco Resorts and Enter.

Q

What sector and industry does Melco Resorts and Enter (MLCO) operate in?

A

Melco Resorts and Enter is in the Consumer Discretionary sector and Multiline Retail industry. They are listed on the NASDAQ.