NASDAQ:MLCO - Melco Resorts & Entertainment Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $16.92 -0.07 (-0.41 %) (As of 11/18/2018 01:21 PM ET)Previous Close$16.92Today's Range$16.51 - $17.0852-Week Range$15.33 - $32.95Volume2.60 million shsAverage Volume4.10 million shsMarket Capitalization$8.36 billionP/E Ratio18.39Dividend Yield3.39%Beta1.64 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. The company also operates Altira Macau, a casino hotel, which has approximately 112 gaming tables and 56 gaming machines; 230 hotel rooms; various fine dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically-themed integrated entertainment, retail, and gaming resort that comprises 280 gaming tables and 980 gaming machines in Cotai, Macau. Further, the company owns and operates 7 Mocha Clubs with 1,034 gaming machines, as well as Taipa Square casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, a casino, hotel, retail, and entertainment integrated resort in the Entertainment City complex in Manila. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. Melco Resorts & Entertainment Limited was incorporated in 2004 and is based in Central, Hong Kong. As of February 16, 2017, Melco Resorts & Entertainment Limited operates as a subsidiary of Melco Leisure and Entertainment Group Limited. Receive MLCO News and Ratings via Email Sign-up to receive the latest news and ratings for MLCO and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Hotels & motels Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:MLCO Previous Symbol CUSIPN/A Webwww.melco-resorts.com Phone852-2598-3600 Debt Debt-to-Equity Ratio1.36 Current Ratio0.97 Quick Ratio0.95 Price-To-Earnings Trailing P/E Ratio18.39 Forward P/E Ratio15.81 P/E Growth1.22 Sales & Book Value Annual Sales$5.28 billion Price / Sales1.58 Cash Flow$2.0735 per share Price / Cash8.16 Book Value$5.89 per share Price / Book2.87 Profitability EPS (Most Recent Fiscal Year)$0.92 Net Income$347 million Net Margins5.98% Return on Equity11.89% Return on Assets4.40% Miscellaneous Employees19,609 Outstanding Shares494,330,000Market Cap$8.36 billion OptionableOptionable Melco Resorts & Entertainment (NASDAQ:MLCO) Frequently Asked Questions What is Melco Resorts & Entertainment's stock symbol? Melco Resorts & Entertainment trades on the NASDAQ under the ticker symbol "MLCO." How often does Melco Resorts & Entertainment pay dividends? What is the dividend yield for Melco Resorts & Entertainment? Melco Resorts & Entertainment declared a quarterly dividend on Friday, November 9th. Stockholders of record on Monday, November 19th will be paid a dividend of $0.1451 per share on Thursday, November 29th. This represents a $0.58 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend is Friday, November 16th. This is a positive change from Melco Resorts & Entertainment's previous quarterly dividend of $0.15. View Melco Resorts & Entertainment's Dividend History. How were Melco Resorts & Entertainment's earnings last quarter? Melco Resorts & Entertainment Limited (NASDAQ:MLCO) released its quarterly earnings data on Thursday, November, 8th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.18. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.34 billion. Melco Resorts & Entertainment had a net margin of 5.98% and a return on equity of 11.89%. The company's quarterly revenue was down 11.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.24 EPS. View Melco Resorts & Entertainment's Earnings History. When is Melco Resorts & Entertainment's next earnings date? Melco Resorts & Entertainment is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Melco Resorts & Entertainment. What price target have analysts set for MLCO? 10 analysts have issued 1 year target prices for Melco Resorts & Entertainment's shares. Their predictions range from $27.00 to $35.10. On average, they anticipate Melco Resorts & Entertainment's share price to reach $31.85 in the next twelve months. This suggests a possible upside of 88.2% from the stock's current price. View Analyst Price Targets for Melco Resorts & Entertainment. What is the consensus analysts' recommendation for Melco Resorts & Entertainment? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Melco Resorts & Entertainment in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Melco Resorts & Entertainment. Has Melco Resorts & Entertainment been receiving favorable news coverage? Media coverage about MLCO stock has been trending somewhat positive on Sunday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Melco Resorts & Entertainment earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. Who are some of Melco Resorts & Entertainment's key competitors? Some companies that are related to Melco Resorts & Entertainment include Hilton Hotels (HLT), MGM Resorts International (MGM), Wynn Resorts (WYNN), InterContinental Hotels Group (IHG), Huazhu Group (HTHT), Hyatt Hotels (H), Park Hotels & Resorts (PK), Caesars Entertainment (CZR), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Sunstone Hotel Investors (SHO), Eldorado Resorts (ERI), Boyd Gaming (BYD), Red Rock Resorts (RRR) and Penn National Gaming (PENN). Who are Melco Resorts & Entertainment's key executives? Melco Resorts & Entertainment's management team includes the folowing people: Mr. Yau Lung Ho, Chairman and Chief Exec. Officer (Age 41)Mr. Geoffrey Stuart Davis CFA, CFO, Exec. VP & Treasurer (Age 49)Mr. Ross Dunwoody, VP of Investor RelationsMs. Stephanie Cheung, Chief Legal Officer, Exec. VP and Company Sec. (Age 56)Ms. Leanne Palmer, VP of Financial Compliance Who are Melco Resorts & Entertainment's major shareholders? Melco Resorts & Entertainment's stock is owned by a number of of institutional and retail investors. Top institutional investors include Capital Research Global Investors (6.83%), BlackRock Inc. (4.43%), Capital World Investors (3.10%), Hardman Johnston Global Advisors LLC (2.00%), FMR LLC (1.08%) and Wells Fargo & Company MN (0.69%). Which major investors are selling Melco Resorts & Entertainment stock? MLCO stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Platinum Investment Management Ltd., BlackRock Inc., Mckinley Capital Management LLC Delaware, Allianz Asset Management GmbH, Renaissance Technologies LLC, Sensato Investors LLC and Russell Investments Group Ltd.. Which major investors are buying Melco Resorts & Entertainment stock? MLCO stock was acquired by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Capital World Investors, Hardman Johnston Global Advisors LLC, Flowering Tree Investment Management Pte. Ltd., Canada Pension Plan Investment Board, Nissay Asset Management Corp Japan ADV, Perpetual Ltd and Stonehill Capital Management LLC. How do I buy shares of Melco Resorts & Entertainment? Shares of MLCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Melco Resorts & Entertainment's stock price today? One share of MLCO stock can currently be purchased for approximately $16.92. How big of a company is Melco Resorts & Entertainment? Melco Resorts & Entertainment has a market capitalization of $8.36 billion and generates $5.28 billion in revenue each year. The company earns $347 million in net income (profit) each year or $0.92 on an earnings per share basis. Melco Resorts & Entertainment employs 19,609 workers across the globe. What is Melco Resorts & Entertainment's official website? The official website for Melco Resorts & Entertainment is http://www.melco-resorts.com. How can I contact Melco Resorts & Entertainment? Melco Resorts & Entertainment's mailing address is 36TH FLOOR THE CENTRIUM. 60 WYNDHAM STREET, HONG KONG K3, . The company can be reached via phone at 852-2598-3600 or via email at [email protected] MarketBeat Community Rating for Melco Resorts & Entertainment (NASDAQ MLCO)Community Ranking: 2.4 out of 5 ( )Outperform Votes: 462 (Vote Outperform)Underperform Votes: 483 (Vote Underperform)Total Votes: 945MarketBeat's community ratings are surveys of what our community members think about Melco Resorts & Entertainment and other stocks. Vote "Outperform" if you believe MLCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MLCO will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 11/18/2018 by MarketBeat.com StaffFeatured Article: Asset Allocation Models, Which is Right For You?