NASDAQ:MLCO - Melco Resorts & Entertainment Stock Price, News, & Analysis

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

Melco Resorts & Entertainment declared a quarterly dividend on Tuesday, February 19th. Shareholders of record on Monday, March 4th will be paid a dividend of $0.155 per share on Thursday, March 14th. This represents a $0.62 annualized dividend and a yield of 2.37%. The ex-dividend date of this dividend is Friday, March 1st. This is a boost from Melco Resorts & Entertainment's previous quarterly dividend of $0.15. View Melco Resorts & Entertainment's Dividend History.

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) posted its quarterly earnings data on Tuesday, February, 19th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.37 billion. Melco Resorts & Entertainment had a return on equity of 13.92% and a net margin of 6.81%. Melco Resorts & Entertainment's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.17 EPS. View Melco Resorts & Entertainment's Earnings History.

Melco Resorts & Entertainment is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Melco Resorts & Entertainment.

13 Wall Street analysts have issued 12-month price objectives for Melco Resorts & Entertainment's shares. Their forecasts range from $24.00 to $35.10. On average, they anticipate Melco Resorts & Entertainment's stock price to reach $28.0250 in the next year. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for Melco Resorts & Entertainment.

13 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 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Melco Resorts & Entertainment.

Media stories about MLCO stock have trended somewhat negative on Friday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Melco Resorts & Entertainment earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

Melco Resorts & Entertainment saw a increase in short interest in April. As of April 15th, there was short interest totalling 6,037,704 shares, an increase of 42.7% from the March 29th total of 4,230,321 shares. Based on an average trading volume of 3,131,252 shares, the days-to-cover ratio is presently 1.9 days. View Melco Resorts & Entertainment's Current Options Chain.

Some companies that are related to Melco Resorts & Entertainment include Marriott International (MAR), Hilton Hotels (HLT), Wynn Resorts (WYNN), MGM Resorts International (MGM), Huazhu Group (HTHT), InterContinental Hotels Group (IHG), Hyatt Hotels (H), Caesars Entertainment (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Eldorado Resorts (ERI), Boyd Gaming (BYD), Extended Stay America (STAY) and Sunstone Hotel Investors (SHO).

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), Micron Technology (MU), MGM Resorts International (MGM), Golar LNG (GLNG), NVIDIA (NVDA), Wynn Resorts (WYNN), Netflix (NFLX), Gilead Sciences (gild) and JD.Com (JD).

Melco Resorts & Entertainment's stock is owned by a number of of retail and institutional investors. Top institutional investors include Coronation Fund Managers Ltd. (0.70%), Ardevora Asset Management LLP (0.34%), Hexavest Inc. (0.12%), Eagle Global Advisors LLC (0.04%), USA Mutuals Advisors Inc. (0.02%) and Gateway Investment Advisers LLC (0.02%).

MLCO stock was sold by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, Coronation Fund Managers Ltd., BNP Paribas Arbitrage SA, Eagle Global Advisors LLC, USA Mutuals Advisors Inc., DNB Asset Management AS, Sumitomo Life Insurance Co. and Huntington National Bank.

MLCO stock was acquired by a variety of institutional investors in the last quarter, including Hexavest Inc., Confluence Investment Management LLC, Ridgewood Investments LLC, Creative Planning, Leavell Investment Management Inc., First Quadrant L P CA, Gateway Investment Advisers LLC and Gulf International Bank UK Ltd.

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.

One share of MLCO stock can currently be purchased for approximately $26.20.

Melco Resorts & Entertainment has a market capitalization of $12.95 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 19,609 workers across the globe.

The official website for Melco Resorts & Entertainment is http://www.melco-resorts.com.

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]