Seaport Res Ptn Analysts Reduce Earnings Estimates for MLCO

Melco Resorts & Entertainment Limited (NASDAQ:MLCO - Free Report) - Equities research analysts at Seaport Res Ptn reduced their Q3 2025 earnings per share estimates for shares of Melco Resorts & Entertainment in a report issued on Tuesday, April 22nd. Seaport Res Ptn analyst V. Umansky now expects that the company will post earnings of $0.04 per share for the quarter, down from their prior estimate of $0.09. The consensus estimate for Melco Resorts & Entertainment's current full-year earnings is $0.16 per share. Seaport Res Ptn also issued estimates for Melco Resorts & Entertainment's Q4 2025 earnings at $0.06 EPS.

Other equities analysts also recently issued reports about the stock. Morgan Stanley upgraded shares of Melco Resorts & Entertainment from an "equal weight" rating to an "overweight" rating and cut their price target for the company from $7.50 to $6.70 in a report on Monday, March 3rd. Citigroup upgraded Melco Resorts & Entertainment from a "neutral" rating to a "buy" rating and set a $6.25 price target on the stock in a report on Thursday, April 10th. Finally, Susquehanna dropped their price objective on Melco Resorts & Entertainment from $10.00 to $9.00 and set a "positive" rating for the company in a report on Monday, February 3rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, Melco Resorts & Entertainment presently has a consensus rating of "Moderate Buy" and an average target price of $7.29.

Melco Resorts & Entertainment Stock Performance

NASDAQ MLCO traded up $0.15 on Wednesday, hitting $5.25. 3,248,093 shares of the stock were exchanged, compared to its average volume of 3,830,103. Melco Resorts & Entertainment has a 52-week low of $4.55 and a 52-week high of $8.90. The firm has a market capitalization of $2.23 billion, a P/E ratio of -23.88, a P/E/G ratio of 0.63 and a beta of 0.87. The stock has a fifty day moving average price of $5.33 and a two-hundred day moving average price of $5.90.

Institutional Trading of Melco Resorts & Entertainment

A number of large investors have recently modified their holdings of the company. GAMMA Investing LLC raised its position in Melco Resorts & Entertainment by 140.7% during the 4th quarter. GAMMA Investing LLC now owns 7,533 shares of the company's stock valued at $44,000 after purchasing an additional 4,403 shares in the last quarter. Patriot Financial Group Insurance Agency LLC purchased a new stake in Melco Resorts & Entertainment in the fourth quarter worth about $58,000. Empirical Asset Management LLC purchased a new position in Melco Resorts & Entertainment during the 4th quarter valued at about $73,000. Vident Advisory LLC bought a new stake in shares of Melco Resorts & Entertainment in the 4th quarter valued at about $142,000. Finally, Wealthspire Advisors LLC purchased a new stake in shares of Melco Resorts & Entertainment in the 4th quarter worth approximately $145,000. Hedge funds and other institutional investors own 39.62% of the company's stock.

Melco Resorts & Entertainment Company Profile

Melco Resorts & Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 800 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 30 restaurants and bars, and 150 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities.