What is Seaport Res Ptn's Estimate for MLCO Q3 Earnings?

Key Points

• Seaport Res Ptn has lowered its Q3 2025 earnings per share (EPS) estimate for Melco Resorts & Entertainment to $0.12, down from $0.13.
• JPMorgan has upgraded Melco Resorts & Entertainment from a "neutral" to an "overweight" rating and increased its target price from $7.20 to $9.50.
• Five analysts currently rate Melco Resorts & Entertainment as a Buy, with a consensus rating of "Hold" and an average target price of $8.15.

Melco Resorts & Entertainment Limited (NASDAQ:MLCO - Free Report) - Equities researchers at Seaport Res Ptn decreased their Q3 2025 EPS estimates for shares of Melco Resorts & Entertainment in a research report issued to clients and investors on Sunday, October 19th. Seaport Res Ptn analyst V. Umansky now anticipates that the company will earn $0.12 per share for the quarter, down from their prior estimate of $0.13. 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 $0.12 EPS and FY2025 earnings at $0.60 EPS.

MLCO has been the topic of several other reports. JPMorgan Chase & Co. upgraded shares of Melco Resorts & Entertainment from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $7.20 to $9.50 in a research report on Tuesday, July 1st. Susquehanna upped their price target on Melco Resorts & Entertainment from $8.00 to $10.00 and gave the stock a "positive" rating in a report on Wednesday, July 30th. CLSA raised Melco Resorts & Entertainment from a "hold" rating to an "outperform" rating in a report on Wednesday, September 3rd. Weiss Ratings reiterated a "sell (d)" rating on shares of Melco Resorts & Entertainment in a research report on Wednesday, October 8th. Finally, Wall Street Zen cut Melco Resorts & Entertainment from a "buy" rating to a "hold" rating in a research report on Friday, September 26th. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $8.15.

Melco Resorts & Entertainment Stock Up 0.9%

NASDAQ:MLCO opened at $7.95 on Tuesday. The firm's fifty day simple moving average is $9.14 and its 200-day simple moving average is $7.60. The stock has a market cap of $3.34 billion, a PE ratio of 61.16 and a beta of 0.71. Melco Resorts & Entertainment has a fifty-two week low of $4.55 and a fifty-two week high of $10.15.

Melco Resorts & Entertainment (NASDAQ:MLCO - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.14. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.20 billion. Melco Resorts & Entertainment had a net margin of 1.15% and a negative return on equity of 18.47%. The business's revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.05 earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Osaic Holdings Inc. lifted its holdings in shares of Melco Resorts & Entertainment by 8.3% during the 2nd quarter. Osaic Holdings Inc. now owns 16,990 shares of the company's stock worth $123,000 after acquiring an additional 1,295 shares during the period. DAVENPORT & Co LLC boosted its holdings in Melco Resorts & Entertainment by 1.5% in the second quarter. DAVENPORT & Co LLC now owns 87,272 shares of the company's stock valued at $631,000 after acquiring an additional 1,300 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in Melco Resorts & Entertainment by 15.5% during the second quarter. Orion Porfolio Solutions LLC now owns 13,556 shares of the company's stock valued at $98,000 after acquiring an additional 1,819 shares during the period. Samalin Investment Counsel LLC increased its stake in Melco Resorts & Entertainment by 0.9% during the second quarter. Samalin Investment Counsel LLC now owns 263,773 shares of the company's stock worth $1,907,000 after acquiring an additional 2,461 shares during the last quarter. Finally, Headlands Technologies LLC raised its holdings in shares of Melco Resorts & Entertainment by 4.2% in the 1st quarter. Headlands Technologies LLC now owns 70,239 shares of the company's stock worth $370,000 after purchasing an additional 2,829 shares during the period. 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.

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