Melco Crown Entertainment Limited Company Profile (NASDAQ:MLCO)

About Melco Crown Entertainment Limited (NASDAQ:MLCO)

Melco Crown Entertainment Limited logoMelco Resorts & Entertainment Limited, formerly Melco Crown Entertainment Limited, is a holding company. The Company, through its subsidiaries, develops, owns and operates casino gaming and entertainment casino resort facilities in Asia. It is principally engaged in the gaming and hospitality business in Asia and its principal operating and developmental activities occur in over two geographic areas, which include Macau and the Philippines. Its segments include City of Dreams, Altira Macau, Studio City, Mocha Clubs, City of Dreams Manila, and Corporate and Others. It has over three casino based operations in Macau, namely, City of Dreams, Altira Macau and Studio City, and non-casino based operations in Macau at its Mocha Clubs. It also has a casino based operation in the Philippines, City of Dreams Manila. It is developing the fifth hotel tower at City of Dreams in Cotai, Macau. Its other operations also include Taipa Square Casino, Macau operating within Hotel Taipa Square.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Casinos & Gaming - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MLCO
  • CUSIP: N/A
  • Web: www.melco-resorts.com
Capitalization:
  • Market Cap: $11.49 billion
  • Outstanding Shares: 488,474,000
Average Prices:
  • 50 Day Moving Avg: $22.37
  • 200 Day Moving Avg: $18.88
  • 52 Week Range: $11.90 - $23.94
P/E:
  • Trailing P/E Ratio: 46.69
  • Foreward P/E Ratio: 26.44
  • P/E Growth: 3.84
Sales & Book Value:
  • Annual Revenue: $4.69 billion
  • Price / Sales: 2.45
  • Book Value: $5.68 per share
  • Price / Book: 4.14
Dividend:
  • Annual Dividend: $0.23
  • Dividend Yield: 0.7%
Profitability:
  • EBIDTA: $1.03 billion
  • Net Margins: 5.23%
  • Return on Equity: 7.43%
  • Return on Assets: 2.99%
Debt:
  • Debt-to-Equity Ratio: 1.21%
  • Current Ratio: 1.17%
  • Quick Ratio: 1.15%
Misc:
  • Average Volume: 4.70 million shs.
  • Beta: 1.86
  • Short Ratio: 6.91
 

Frequently Asked Questions for Melco Crown Entertainment Limited (NASDAQ:MLCO)

What is Melco Crown Entertainment Limited's stock symbol?

Melco Crown Entertainment Limited trades on the NASDAQ under the ticker symbol "MLCO."

How often does Melco Crown Entertainment Limited pay dividends? What is the dividend yield for Melco Crown Entertainment Limited?

Melco Crown Entertainment Limited announced a special dividend on Thursday, May 4th. Shareholders of record on Tuesday, May 16th will be paid a dividend of $0.09 per share on Wednesday, May 31st. This represents a yield of 1.68%. The ex-dividend date is Friday, May 12th. This is a positive change from Melco Crown Entertainment Limited's previous special dividend of $0.02. View Melco Crown Entertainment Limited's Dividend History.

How were Melco Crown Entertainment Limited's earnings last quarter?

Melco Crown Entertainment Limited (NASDAQ:MLCO) released its quarterly earnings results on Thursday, May, 4th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.08 by $0.16. The business earned $1.28 billion during the quarter, compared to analyst estimates of $1.20 billion. Melco Crown Entertainment Limited had a return on equity of 7.43% and a net margin of 5.23%. Melco Crown Entertainment Limited's revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.07 earnings per share. View Melco Crown Entertainment Limited's Earnings History.

Where is Melco Crown Entertainment Limited's stock going? Where will Melco Crown Entertainment Limited's stock price be in 2017?

18 analysts have issued 12-month price targets for Melco Crown Entertainment Limited's shares. Their forecasts range from $14.00 to $27.00. On average, they expect Melco Crown Entertainment Limited's stock price to reach $19.94 in the next twelve months. View Analyst Ratings for Melco Crown Entertainment Limited.

What are analysts saying about Melco Crown Entertainment Limited stock?

Here are some recent quotes from research analysts about Melco Crown Entertainment Limited stock:

  • 1. According to Zacks Investment Research, "Melco Resorts & Entertainment Ltd is a developer, owner and operator of casino gaming and entertainment casino resort facilities primarily in Asia. Melco Resorts & Entertainment Ltd, formerly known as Melco Crown Entertainment Limited, is based in Hong Kong. " (5/3/2017)
  • 2. Aegis analysts commented, "This morning, MPEL reported 4Q16 property EBITDA of $304.3m versus Street consensus of $293.3m and our $301.6m. Adjusted for theoretical hold ('win-rate'), MPEL's property EBITDA was closer to ~$320m or ~9% above consensus. Currently shares are trading down and based on our call topic volume, we believe many investors are focused on MGM's disappointing 4Q16 Las Vegas Strip results leaving an MPEL analysis for later." (2/16/2017)

Are investors shorting Melco Crown Entertainment Limited?

Melco Crown Entertainment Limited saw a drop in short interest in May. As of May 31st, there was short interest totalling 4,976,242 shares, a drop of 31.6% from the May 15th total of 7,276,576 shares. Based on an average daily trading volume, of 6,534,830 shares, the short-interest ratio is presently 0.8 days.

Who are some of Melco Crown Entertainment Limited's key competitors?

Who are Melco Crown Entertainment Limited's key executives?

Melco Crown Entertainment Limited's management team includes the folowing people:

  • Yau Lung Ho, Executive Co-Chairman of the Board, Chief Executive Officer
  • Geoffrey S. Davis, Chief Financial Officer, Executive Vice President
  • Akiko Takahashi, Executive Vice President, Chief Human Resources, Corporate Social Responsibility Officer
  • Stephanie Cheung, Executive Vice President, Chief Legal Officer, Secretary to the Board
  • Jaya Jesudason, Executive Vice President, Construction and Design
  • Ching Hui Hsu, General Manager of Altira Macau
  • Ying Tat Chan, Chief Operating Officer
  • Yuk Man Chung CPA, Non-Executive Director
  • Robert John Rankin, Non-Executive Director
  • Evan Andrew Winkler, Non-Executive Director

How do I buy Melco Crown Entertainment Limited stock?

Shares of Melco Crown Entertainment Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Melco Crown Entertainment Limited's stock price today?

One share of Melco Crown Entertainment Limited stock can currently be purchased for approximately $23.53.


MarketBeat Community Rating for Melco Crown Entertainment Limited (NASDAQ MLCO)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  331 (Vote Outperform)
Underperform Votes:  332 (Vote Underperform)
Total Votes:  663
MarketBeat's community ratings are surveys of what our community members think about Melco Crown Entertainment Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Melco Crown Entertainment Limited (NASDAQ:MLCO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $19.94 (15.25% downside)

Analysts' Ratings History for Melco Crown Entertainment Limited (NASDAQ:MLCO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/19/2017InstinetReiterated RatingNeutral$19.00 -> $20.00LowView Rating Details
5/24/2017Sanford C. BernsteinReiterated RatingOutperformLowView Rating Details
5/15/2017AegisBoost Price TargetBuy$25.00 -> $27.00N/AView Rating Details
5/7/2017NomuraReiterated RatingHold$19.00HighView Rating Details
5/4/2017Credit Suisse GroupSet Price TargetBuy$23.00LowView Rating Details
4/24/2017Union Gaming ResearchUpgradeBuy$18.00MediumView Rating Details
4/6/2017Wells Fargo & CompanyReiterated RatingNeutralLowView Rating Details
3/28/2017Wolfe ResearchReiterated RatingMarket PerformMediumView Rating Details
2/16/2017Deutsche Bank AGSet Price TargetBuy$23.00N/AView Rating Details
2/13/2017Morgan StanleyUpgradeEqual Weight -> Overweight$19.00N/AView Rating Details
1/9/2017Bank of America CorporationUpgradeNeutral -> Buy$19.50 -> $22.30N/AView Rating Details
11/30/2016Citigroup IncReiterated RatingBuyN/AView Rating Details
10/5/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutralN/AView Rating Details
9/8/2016MacquarieInitiated CoverageOutperformN/AView Rating Details
8/28/2016BNP ParibasReiterated RatingSellN/AView Rating Details
8/11/2016Buckingham ResearchInitiated CoverageNeutral$15.50N/AView Rating Details
8/5/2016J P Morgan Chase & CoLower Price TargetNeutral$16.00 -> $14.00N/AView Rating Details
7/19/2016HSBC Holdings plcUpgradeHold -> BuyN/AView Rating Details
6/3/2016Daiwa Capital MarketsDowngradeOutperform -> HoldN/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
1/1/2016GabelliReiterated RatingBuyN/AView Rating Details
8/10/2015Brean CapitalReiterated RatingBuy$26.00N/AView Rating Details
7/16/2015Barclays PLCReiterated RatingEqual WeightN/AView Rating Details
(Data available from 6/25/2015 forward)

Earnings

Earnings History for Melco Crown Entertainment Limited (NASDAQ:MLCO)
Earnings by Quarter for Melco Crown Entertainment Limited (NASDAQ:MLCO)
Earnings History by Quarter for Melco Crown Entertainment Limited (NASDAQ MLCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/20173/31/2017$0.08$0.24$1.20 billion$1.28 billionViewListenView Earnings Details
2/16/2017Q416$0.13$0.13$1.15 billion$1.19 billionViewN/AView Earnings Details
11/3/2016Q316$0.06$0.13$1.09 billion$1.15 billionViewListenView Earnings Details
8/4/2016Q216$0.06$0.06$1.09 billion$1.07 billionViewListenView Earnings Details
5/4/2016Q1$0.07$0.07$1.14 billion$1.10 billionViewN/AView Earnings Details
2/18/2016Q415$0.05$0.09$1.07 billion$1.06 billionViewListenView Earnings Details
11/5/2015Q315$0.10$0.11$953.79 million$945.73 millionViewListenView Earnings Details
8/6/2015Q215$0.09$0.08$972.29 million$916.80 millionViewListenView Earnings Details
5/7/2015Q115$0.23$0.16$1.07 billion$1.08 billionViewN/AView Earnings Details
2/12/2015Q414$0.26$0.22$1.14 billion$1.12 billionViewN/AView Earnings Details
11/6/2014Q314$0.29$0.28$1.19 billion$1.12 billionViewN/AView Earnings Details
8/7/2014Q214$0.37$0.30$1.30 billion$1.20 billionViewN/AView Earnings Details
5/8/2014Q114$0.41$0.45$1.36 billion$1.36 billionViewN/AView Earnings Details
2/19/2014Q413$0.40$0.43$1.36 billion$1.40 billionViewN/AView Earnings Details
11/5/2013Q313$0.31$0.32$1.23 billion$1.25 billionViewN/AView Earnings Details
8/7/2013Q213$0.28$0.33$1.21 billion$1.30 billionViewN/AView Earnings Details
5/8/2013Q113$0.23$0.10$1.12 billion$1.15 billionViewN/AView Earnings Details
2/6/2013Q412$0.20$0.20$1.07 billion$1.02 billionViewN/AView Earnings Details
11/7/2012Q312$0.17$0.19$1.00 billion$1.01 billionViewN/AView Earnings Details
8/7/2012$0.16$0.15ViewN/AView Earnings Details
5/9/2012$0.16$0.22ViewN/AView Earnings Details
2/9/2012$0.17$0.20ViewN/AView Earnings Details
11/10/2011$0.22$0.21ViewN/AView Earnings Details
8/23/2011$0.11$0.12ViewN/AView Earnings Details
5/19/2011$0.06$0.01ViewN/AView Earnings Details
2/22/2011$0.04$0.03ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Melco Crown Entertainment Limited (NASDAQ:MLCO)
Current Year EPS Consensus Estimate: $0.76 EPS
Next Year EPS Consensus Estimate: $0.89 EPS

Dividends

Current Dividend Information for Melco Crown Entertainment Limited (NASDAQ:MLCO)
Most Recent Dividend:5/31/2017
Annual Dividend:$0.23
Dividend Yield:0.98%
Payout Ratio:45.10% (Trailing 12 Months of Earnings)
30.26% (Based on This Year's Estimates)
25.84% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Melco Crown Entertainment Limited (NASDAQ:MLCO)

Dividend History by Quarter for Melco Crown Entertainment Limited (NASDAQ MLCO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/4/2017special$0.091.68%5/12/20175/16/20175/31/2017
2/16/2017quarterly$0.032.15%2/23/20172/27/20173/15/2017
1/12/2017special$1.320.84%1/19/20171/23/20172/10/2017
11/3/2016quarterly$0.0111/10/201611/15/201611/30/2016
8/8/2016$0.028/12/20168/16/20169/7/2016
8/4/2016quarterly$0.018/12/20168/16/20168/31/2016
5/6/2016$0.025/13/20165/17/20165/17/2016
5/4/2016quarterly$0.015/13/20165/17/20165/31/2016
2/18/2016special$0.212/26/20163/1/20163/16/2016
11/9/2015$0.0211/13/201511/17/201511/17/2015
11/5/2015quarterly$0.0211/13/201511/17/201512/4/2015
8/6/2015quarterly$0.018/13/20158/17/20159/4/2015
5/7/2015$0.035/21/20155/26/20156/5/2015
2/12/2015$0.053/2/20153/4/20153/16/2015
4/1/2014special$0.344/2/20144/4/20144/23/2014
2/25/2014$0.344/2/20144/4/20144/16/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Melco Crown Entertainment Limited (NASDAQ:MLCO)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Melco Crown Entertainment Limited (NASDAQ:MLCO)
Latest Headlines for Melco Crown Entertainment Limited (NASDAQ:MLCO)
Source:
DateHeadline
finance.yahoo.com logoIs Melco Resorts & Entertainment (MLCO) Stock a Solid Choice Right Now?
finance.yahoo.com - June 23 at 7:01 PM
barrons.com logo7 Macau Updates as China Cracks Down On VIP Betting - Barron's
www.barrons.com - June 19 at 10:40 PM
americanbankingnews.com logoMelco Crown Entertainment Limited's (MLCO) Neutral Rating Reaffirmed at Instinet
www.americanbankingnews.com - June 19 at 4:29 PM
americanbankingnews.com logo$1.20 Billion in Sales Expected for Melco Crown Entertainment Limited (MLCO) This Quarter
www.americanbankingnews.com - June 15 at 11:52 AM
globenewswire.com logoEGT Nevada Announces the Closing of the Tender Offer for Shares of Entertainment Gaming
globenewswire.com - June 14 at 9:39 AM
bloomberg.com logoChina Casino Marketing Scrutinized as Crown Court Date Set
www.bloomberg.com - June 13 at 11:44 PM
seekingalpha.com logoCrown Resorts employees face charges in China
seekingalpha.com - June 13 at 6:43 PM
americanbankingnews.com logo Analysts Anticipate Melco Crown Entertainment Limited (MLCO) Will Announce Earnings of $0.12 Per Share
www.americanbankingnews.com - June 13 at 10:20 AM
americanbankingnews.com logoMelco Crown Entertainment Limited (MLCO) Sees Significant Decline in Short Interest
www.americanbankingnews.com - June 12 at 7:06 AM
finance.yahoo.com logoIs Melco Crown Stock Headed Back to Its 2014 Highs?
finance.yahoo.com - June 9 at 6:46 PM
nasdaq.com logoPre-Market Most Active for Jun 9, 2017 : SMFG, P, BABA, CAA, RDS/B, NVDA, LYG, ERIC, ENDP, LXRX, XIV, MLCO - Nasdaq
www.nasdaq.com - June 9 at 8:51 AM
globenewswire.com logoMelco Organizes Leadership Forum on Responsible Gaming - GlobeNewswire (press release)
globenewswire.com - June 9 at 8:51 AM
finance.yahoo.com logoMacau Magnates Lawrence Ho & Francis Lui Open Up About Casino Prospects
finance.yahoo.com - June 9 at 8:51 AM
finance.yahoo.com logoMelco Organizes Leadership Forum on Responsible Gaming
finance.yahoo.com - June 9 at 8:51 AM
finance.yahoo.com logoYou Can See Macau's Soaring Casino Revenue, But Don't Be Blinded
finance.yahoo.com - June 5 at 9:19 AM
finance.yahoo.com logo5 Top-Ranked Stocks with Earnings Beat Potential
finance.yahoo.com - June 5 at 9:19 AM
finance.yahoo.com logo24% Monthly Growth In Macau Gaming Win Pushes Casino Stocks Higher
finance.yahoo.com - June 2 at 12:23 AM
finance.yahoo.com logoHere's Why Casino Stocks Gained Today
finance.yahoo.com - June 2 at 12:23 AM
nasdaq.com logoMelco Resorts & Entertainment Limited (MLCO): An Off-the-Radar Potential Winner - Nasdaq
www.nasdaq.com - June 1 at 9:23 AM
finance.yahoo.com logoQ&A With Gaming Veteran Ben Lee: The Philippine Casino Market Is 'Oversaturated'
finance.yahoo.com - June 1 at 9:23 AM
finance.yahoo.com logo5 Reasons Why Melco Resorts (MLCO) Stock is Worth Buying
finance.yahoo.com - June 1 at 9:23 AM
finance.yahoo.com logoMelco Resorts & Entertainment Limited (MLCO): An Off-the-Radar Potential Winner
finance.yahoo.com - May 31 at 6:56 PM
finance.yahoo.com logoWynn Resorts Rides on Macau Revival, Solid Vegas Business
finance.yahoo.com - May 30 at 10:03 AM
americanbankingnews.com logoMelco Resorts & Entertainment Ltd (MLCO) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 30 at 8:47 AM
americanbankingnews.com logoMelco Resorts & Entertainment Ltd (MLCO) PT Raised to $27.00 at Aegis
www.americanbankingnews.com - May 29 at 11:13 AM
americanbankingnews.com logoMelco Resorts & Entertainment Ltd (MLCO) Sees Significant Decline in Short Interest
www.americanbankingnews.com - May 27 at 7:06 AM
finance.yahoo.com logoEGT Nevada Announces Extension of and Amendments to Tender Offer for Shares of Entertainment Gaming
finance.yahoo.com - May 26 at 4:11 AM
americanbankingnews.com logoMelco Resorts & Entertainment Ltd (MLCO) Given "Outperform" Rating at Sanford C. Bernstein
www.americanbankingnews.com - May 24 at 11:26 PM
finance.yahoo.com logoTop Ranked Momentum Stocks to Buy for May 24th
finance.yahoo.com - May 24 at 6:38 PM
finance.yahoo.com logoETFs with exposure to Melco Resorts & Entertainment Ltd. : May 23, 2017
finance.yahoo.com - May 23 at 6:08 PM
finance.yahoo.com logoAttention Macau Investors: There's No Need To Panic Over Government Policies
finance.yahoo.com - May 23 at 6:08 PM
seekingalpha.com logoSunny day in Hong Kong sets up Melco Resorts
seekingalpha.com - May 23 at 10:29 AM
finance.yahoo.com logoMelco Resorts & Entertainment Ltd. :MLCO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 22, 2017
finance.yahoo.com - May 22 at 5:54 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Melco Resorts & Entertainment Ltd (MLCO) Will Announce Quarterly Sales of $1.2 Billion
www.americanbankingnews.com - May 21 at 9:46 AM
nasdaq.com logoMelco Resorts & Entertainment (MLCO): Strong Industry, Solid Earnings Estimate Revisions - Nasdaq
www.nasdaq.com - May 18 at 8:28 AM
zacks.com logoMelco Resorts & Entertainment (MLCO): Strong Industry, Solid Earnings Estimate Revisions
www.zacks.com - May 17 at 8:58 AM
americanbankingnews.com logo$0.12 EPS Expected for Melco Resorts & Entertainment Ltd (MLCO) This Quarter
www.americanbankingnews.com - May 16 at 6:24 PM
seekingalpha.com logoMelco Resorts & Entertainment to refinance debt
seekingalpha.com - May 16 at 6:22 PM
streetinsider.com logoMelco Resorts & Entertainment Limited (MLCO) May calls active as shares trade near 20-month high
www.streetinsider.com - May 16 at 6:22 PM
finance.yahoo.com logoMelco Resorts Finance Limited -- Moody's assigns Ba3 rating to Melco Resorts Finance's proposed USD notes; outlook stable
finance.yahoo.com - May 16 at 10:30 AM
finance.yahoo.com logoMelco Announces Closing of Offer of ADSs and Ordinary Shares and Completion of Repurchase of Ordinary Shares from Crown
finance.yahoo.com - May 15 at 5:56 PM
finance.yahoo.com logoMelco Resorts Finance Announces Proposed Senior Notes Offering and Redemption of 5.00% Senior Notes due 2021
finance.yahoo.com - May 15 at 5:56 PM
finance.yahoo.com logo200% Earnings Growth Pushes Casino Stock Into Profit-Taking Zone
finance.yahoo.com - May 12 at 7:11 PM
finance.yahoo.com logoMelco Resorts & Entertainment Ltd. : MLCO-US: Dividend Analysis : May 16th, 2017 (record date) : By the numbers : May 12, 2017
finance.yahoo.com - May 12 at 7:11 PM
seekingalpha.com logoMelco Resorts plays it cool on Japan
seekingalpha.com - May 10 at 12:24 PM
finance.yahoo.com logoBeat the Market with These Momentum ETFs & Stocks
finance.yahoo.com - May 10 at 12:23 PM
finance.yahoo.com logo3 Casino Stocks to Buy Now
finance.yahoo.com - May 9 at 6:16 PM
nasdaq.com logoGambling Stock Roundup: Focus on BYD, MLCO, CNTY, RRR Q1 Earnings; Eldorado Resorts Closes Buyout - Nasdaq
www.nasdaq.com - May 9 at 11:46 AM
americanbankingnews.com logoMelco Resorts & Entertainment Ltd (MLCO) Receives $19.95 Consensus Target Price from Analysts
www.americanbankingnews.com - May 8 at 11:53 PM
finance.yahoo.com logoMelco Buys Back Nearly $1 Billion Stake From Crown Entertainment
finance.yahoo.com - May 8 at 6:07 PM

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Chart

Melco Crown Entertainment Limited (MLCO) Chart for Sunday, June, 25, 2017

This page was last updated on 6/25/2017 by MarketBeat.com Staff