Melco Resorts & Entertainment ADR MLCO

$4.19 +0.05 (1.21%)

Valuation

Market cap
1,574,210,000
Revenue TTM
$5,163,300,000
Net income TTM
$185,050,000
PE ratio
7.23
Forward PE
10.84
Profit margin
3.58%
Debt to equity
-5.32

Trading

Volume
2,067,000
Avg volume
1,692,794
Day's range
$4.06 – $4.23
Shares out
380,244,000
Stochastic %K
16%
Beta
0.49
Analysts
Strong Sell
Price target
$7.72

Price

Company profile

Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally. It operates through City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations, and Corporate and Other segments. The company owns and operates City of Dreams, an integrated resort that has...

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Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally. It operates through City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations, and Corporate and Other segments. The company owns and operates City of Dreams, an integrated resort that has gaming tables and gaming machines; suites and villas; food and beverage outlets; 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 in Cotai, Macau. It also operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau; and Altira Macau, an integrated resort, which offers gaming tables and gaming machines, hotel rooms, dining and casual restaurants, and recreation and leisure facilities in Taipa, Macau. In addition, the company owns and operates Mocha Clubs, which are clubs with gaming machines in Macau; City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; City of Dreams Mediterranean, an integrated resort in Limassol, Cyprus; and three satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus. Further, it is involved in the operation of the Sri Lanka Casino and management of Nüwa Sri Lanka located in City of Dreams Sri Lanka, as well as development projects in other countries. 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 founded in 2003 and is based in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.

Industry
Resorts & Casinos
Sector
Consumer Cyclical
Phone
852 2598 3600
Website
https://www.melco-resorts.com
Address
The Centrium, 38th Floor 60 Wyndham Street, Central, Hong Kong

Latest news

Stocktwits

BobStillSizzlin Oct 1, 6:58 PM
$MLCO Wow Macau Studio City (MSC) trading at a 182 million valuation. They spent several billion to build those assets. Company has over $9B in debt, no chance of any activists investors getting involved do to majority ownership of visionary founder, and Larry Ho could let the common become worthless in MLCO and still retain his interest in the company through the parent’s ownership stake. None of the markets they operate in are doing well either right now.
0 replies
10xSniper Sep 30, 8:52 AM
$MLCO.CSE $MLCO $TMLCF 🌱 Three Agrarius crop studies, three positive outcomes: potato (2025 +18.5%), corn (+23%), potato again (2026 +32.5%). CEO: "one of several results we expect to report over the coming months." DYOR. #MLCO #Agrarius
0 replies
Glenderblender Sep 29, 3:57 PM
$MLCO darn them
0 replies
Glenderblender Sep 29, 1:31 PM
$MLCO premarket high is often revisited later in the day.
1 replies
Glenderblender Sep 29, 1:28 PM
$MLCO let's see if the big green holds at open
0 replies
EpiCRise98 Sep 24, 6:57 PM 0 replies
EpiCRise98 Sep 24, 6:10 PM
$MLCO oversold, $5.60/$6.30 near term 🎯
0 replies
NVDAMillionaire Sep 24, 7:09 AM
$MLCO Excellent article that nails exactly where MLCO stands right now. So if you want to update your MLCO knowledge or get acquainted with MLCO, this is a must read. https://everyticker.com/quote/MLCO/analysis/melco-s-premium-pivot-how-rem-and-disciplined-capital-allocation-are-rewriting-the-macau-playbook-nasdaq-mlco
0 replies