NASDAQ:MLCO - Melco Resorts & Entertainment Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Melco Resorts & Entertainment Limited Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $21.03 +0.13 (+0.62 %) (As of 12/5/2019 04:00 PM ET) Add Compare Today's Range$20.83Now: $21.03▼$21.2750-Day Range$20.29MA: $21.63▼$22.6752-Week Range$16.50Now: $21.03▼$26.97Volume1.78 million shsAverage Volume2.12 million shsMarket Capitalization$10.40 billionP/E Ratio23.63Dividend Yield3.11%Beta1.86 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInstitutional 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. Read More… Industry, Sector and Symbol Stock Exchange NASDAQ Industry Hotels & motels Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:MLCO Previous Symbol CUSIPN/A CIK1381640 Webhttp://www.melco-resorts.com/ Phone852-2598-3600Debt Debt-to-Equity Ratio1.37 Current Ratio0.89 Quick Ratio0.88Price-To-Earnings Trailing P/E Ratio23.63 Forward P/E Ratio20.03 P/E Growth0.96 Sales & Book Value Annual Sales$5.16 billion Price / Sales2.02 Cash Flow$2.04 per share Price / Cash Flow10.30 Book Value$5.55 per share Price / Book3.79Profitability EPS (Most Recent Fiscal Year)$0.89 Net Income$351.52 million Net Margins7.60% Return on Equity17.61% Return on Assets5.39%Miscellaneous Employees21,413 Outstanding Shares494,333,000Market Cap$10.40 billion Next Earnings Date2/18/2020 (Estimated) OptionableOptionable 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. NASDAQ:MLCO Rates by TradingView 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 announced a quarterly dividend on Wednesday, October 30th. Stockholders of record on Tuesday, November 12th will be given a dividend of $0.165 per share on Friday, November 22nd. This represents a $0.66 annualized dividend and a dividend yield of 3.14%. The ex-dividend date is Thursday, November 7th. View Melco Resorts & Entertainment's Dividend History. How were Melco Resorts & Entertainment's earnings last quarter? Melco Resorts & Entertainment Limited (NASDAQ:MLCO) posted its earnings results on Wednesday, October, 30th. The company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.27 by $0.03. The firm earned $1.44 billion during the quarter, compared to the consensus estimate of $1.41 billion. Melco Resorts & Entertainment had a return on equity of 17.61% and a net margin of 7.60%. The company's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.05 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 Tuesday, February 18th 2020. View Earnings Estimates for Melco Resorts & Entertainment. What price target have analysts set for MLCO? 11 Wall Street analysts have issued 1 year price objectives for Melco Resorts & Entertainment's stock. Their forecasts range from $15.00 to $29.00. On average, they expect Melco Resorts & Entertainment's share price to reach $24.74 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Melco Resorts & Entertainment. What is the consensus analysts' recommendation for Melco Resorts & Entertainment? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Melco Resorts & Entertainment in the last year. There are currently 11 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? News stories about MLCO stock have been trending somewhat negative this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Melco Resorts & Entertainment earned a daily sentiment score of -1.6 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Melco Resorts & Entertainment. 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), Caesars Entertainment (CZR), Hyatt Hotels (H), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Wyndham Destinations (WYND), Eldorado Resorts (ERI), Boyd Gaming (BYD), Sunstone Hotel Investors (SHO) and Penn National Gaming (PENN). 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 Alibaba Group (BABA), Las Vegas Sands (LVS), MGM Resorts International (MGM), Golar LNG (GLNG), Micron Technology (MU), NVIDIA (NVDA), JD.Com (JD), Netflix (NFLX), Wynn Resorts (WYNN) and Twitter (TWTR). 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 variety of of institutional and retail investors. Top institutional shareholders include Hardman Johnston Global Advisors LLC (2.12%), Boston Partners (1.17%), State Street Corp (0.97%), Coronation Fund Managers Ltd. (0.86%), Matthews International Capital Management LLC (0.70%) and Ardevora Asset Management LLP (0.39%). Which major investors are selling Melco Resorts & Entertainment stock? MLCO stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Sumitomo Mitsui Trust Holdings Inc., Perpetual Ltd, Ardevora Asset Management LLP, Man Group plc, Matthews International Capital Management LLC, Manning & Napier Group LLC and Russell Investments Group Ltd.. Which major investors are buying Melco Resorts & Entertainment stock? MLCO stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Coronation Fund Managers Ltd., State Street Corp, KEYWISE CAPITAL MANAGEMENT Ltd, SG Americas Securities LLC, Teacher Retirement System of Texas, Zurcher Kantonalbank Zurich Cantonalbank and California Public Employees Retirement System. 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, Robinhood, Fidelity and Charles Schwab. What is Melco Resorts & Entertainment's stock price today? One share of MLCO stock can currently be purchased for approximately $21.03. How big of a company is Melco Resorts & Entertainment? Melco Resorts & Entertainment has a market capitalization of $10.40 billion and generates $5.16 billion in revenue each year. The company earns $351.52 million in net income (profit) each year or $0.89 on an earnings per share basis. Melco Resorts & Entertainment employs 21,413 workers across the globe.View Additional Information About Melco Resorts & Entertainment. 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: 517 (Vote Outperform)Underperform Votes: 550 (Vote Underperform)Total Votes: 1,067MarketBeat'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 12/5/2019 by MarketBeat.com StaffFeatured Article: Capital Gains Distribution