S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80

Melco Resorts & Entertainment Stock Forecast, Price & News

-0.47 (-7.98%)
(As of 07/6/2022 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
4.12 million shs
Average Volume
3.22 million shs
Market Capitalization
$2.63 billion
P/E Ratio
Dividend Yield
Price Target

Melco Resorts & Entertainment MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
134.8% Upside
$12.73 Price Target
Short Interest
1.66% of Shares Sold Short
Dividend Strength
News Sentiment
1.03mentions of Melco Resorts & Entertainment in the last 14 days
Based on 8 Articles This Week
Insider Trading
Proj. Earnings Growth
From ($1.41) to $0.09 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.88 out of 5 stars

Consumer Discretionary Sector

193rd out of 404 stocks

Hotels & Motels Industry

23rd out of 35 stocks

30 days | 90 days | 365 days | Advanced Chart

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Melco Resorts & Entertainment logo

About Melco Resorts & Entertainment (NASDAQ:MLCO) Stock

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.

MLCO Stock News Headlines

Why Melco Resorts Stock Was a Lousy Bet Today
Melco Resorts & Entertainment Q4 2021 Earnings Preview
See More Headlines

Industry, Sector and Symbol

Hotels & motels
Current Symbol
Year Founded

Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Price Target and Rating

Average Stock Price Forecast
High Stock Price Forecast
Low Stock Price Forecast
Forecasted Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
6 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$2.01 billion
Book Value
$1.72 per share


Free Float
Market Cap
$2.63 billion

Melco Resorts & Entertainment Frequently Asked Questions

Should I buy or sell Melco Resorts & Entertainment stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Melco Resorts & Entertainment in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Melco Resorts & Entertainment stock.
View analyst ratings for Melco Resorts & Entertainment
or view top-rated stocks.

What is Melco Resorts & Entertainment's stock price forecast for 2022?

6 analysts have issued 12 month price objectives for Melco Resorts & Entertainment's stock. Their MLCO stock forecasts range from $10.00 to $16.90. On average, they predict Melco Resorts & Entertainment's stock price to reach $12.73 in the next year. This suggests a possible upside of 134.8% from the stock's current price.
View analysts' price targets for Melco Resorts & Entertainment
or view top-rated stocks among Wall Street analysts.

How has Melco Resorts & Entertainment's stock performed in 2022?

Melco Resorts & Entertainment's stock was trading at $10.18 on January 1st, 2022. Since then, MLCO stock has decreased by 46.8% and is now trading at $5.42.
View the best growth stocks for 2022 here

When is Melco Resorts & Entertainment's next earnings date?

Melco Resorts & Entertainment is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Melco Resorts & Entertainment

How were Melco Resorts & Entertainment's earnings last quarter?

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) released its quarterly earnings results on Thursday, May, 5th. The company reported ($0.37) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.02. The company earned $474.95 million during the quarter, compared to analysts' expectations of $499.71 million. Melco Resorts & Entertainment had a negative trailing twelve-month return on equity of 71.99% and a negative net margin of 38.72%.
View Melco Resorts & Entertainment's earnings history

Who are Melco Resorts & Entertainment's key executives?

Melco Resorts & Entertainment's management team includes the following 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 Relations
  • Ms. Stephanie Cheung, Chief Legal Officer, Exec. VP and Company Sec. (Age 56)
  • Ms. Leanne Palmer, VP of Financial Compliance

What other stocks do shareholders of Melco Resorts & Entertainment own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Melco Resorts & Entertainment investors own include Las Vegas Sands (LVS), Alibaba Group (BABA), MGM Resorts International (MGM), Micron Technology (MU), Wynn Resorts (WYNN), NVIDIA (NVDA), JD.com (JD), Tesla (TSLA), Twitter (TWTR) and Intel (INTC).

What is Melco Resorts & Entertainment's stock symbol?

Melco Resorts & Entertainment trades on the NASDAQ under the ticker symbol "MLCO."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Melco Resorts & Entertainment's stock price today?

One share of MLCO stock can currently be purchased for approximately $5.42.

How much money does Melco Resorts & Entertainment make?

Melco Resorts & Entertainment (NASDAQ:MLCO) has a market capitalization of $2.63 billion and generates $2.01 billion in revenue each year. The company earns $-811,750,000.00 in net income (profit) each year or ($1.61) on an earnings per share basis.

How many employees does Melco Resorts & Entertainment have?

Melco Resorts & Entertainment employs 17,878 workers across the globe.

How can I contact Melco Resorts & Entertainment?

Melco Resorts & Entertainment's mailing address is 36TH FLOOR THE CENTRIUM. 60 WYNDHAM STREET CENTRAL, HONG KONG K3, . The official website for Melco Resorts & Entertainment is www.melco-resorts.com. The company can be reached via phone at 852-2598-3600, via email at ir@melco-resorts.com, or via fax at 852-2537-3618.

This page (NASDAQ:MLCO) was last updated on 7/7/2022 by MarketBeat.com Staff

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