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: $10.18 billion
  • Outstanding Shares: 489,167,000
Average Prices:
  • 50 Day Moving Avg: $21.15
  • 200 Day Moving Avg: $20.23
  • 52 Week Range: $12.86 - $23.94
P/E:
  • Trailing P/E Ratio: 40.33
  • Foreward P/E Ratio: 22.87
  • P/E Growth: 3.17
Sales & Book Value:
  • Annual Revenue: $4.92 billion
  • Price / Sales: 2.07
  • Book Value: $5.66 per share
  • Price / Book: 3.68
Dividend:
  • Annual Dividend: $0.30
  • Dividend Yield: 1.7%
Profitability:
  • EBIDTA: $1.11 billion
  • Net Margins: 5.11%
  • Return on Equity: 9.20%
  • Return on Assets: 3.59%
Debt:
  • Debt-to-Equity Ratio: 1.22%
  • Current Ratio: 1.19%
  • Quick Ratio: 1.16%
Misc:
  • Average Volume: 3.45 million shs.
  • Beta: 1.91
  • Short Ratio: 1.14
 

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 declared a None dividend on Thursday, July 27th. Stockholders of record on Tuesday, August 8th will be given a dividend of $0.089 per share on Wednesday, August 23rd. The ex-dividend date is Friday, August 4th. This is an increase from Melco Crown Entertainment Limited's previous None 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) issued its earnings results on Thursday, July, 27th. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.04. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.25 billion. Melco Crown Entertainment Limited had a net margin of 5.11% and a return on equity of 9.20%. The firm's revenue for the quarter was up 21.3% on a year-over-year basis. View Melco Crown Entertainment Limited's Earnings History.

When will Melco Crown Entertainment Limited make its next earnings announcement?

Melco Crown Entertainment Limited is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Melco Crown Entertainment Limited.

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

15 brokers have issued twelve-month price targets for Melco Crown Entertainment Limited's shares. Their predictions range from $17.00 to $27.00. On average, they anticipate Melco Crown Entertainment Limited's share price to reach $21.42 in the next year. 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)

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 $20.81.


MarketBeat Community Rating for Melco Crown Entertainment Limited (NASDAQ MLCO)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  352 (Vote Outperform)
Underperform Votes:  355 (Vote Underperform)
Total Votes:  707
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, 5 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.53)
Consensus Price Target: $21.42 (2.92% upside)

Analysts' Ratings History for Melco Crown Entertainment Limited (NASDAQ:MLCO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/18/2017MacquarieLower Price TargetOutperform$26.00 -> $25.80LowView Rating Details
7/17/2017InstinetReiterated RatingNeutralMediumView Rating Details
7/12/2017Sanford C. BernsteinReiterated RatingOutperformMediumView 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 Inc.Reiterated RatingBuyN/AView Rating Details
10/5/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutralN/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
(Data available from 8/21/2015 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
11/1/2017$0.20N/AView Earnings Details
7/27/20176/30/2017$0.20$0.16$1.25 billion$1.30 billionViewN/AView Earnings Details
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: $0.80 EPS
Next Year EPS Consensus Estimate: $0.91 EPS

Dividends

Current Dividend Information for Melco Crown Entertainment Limited (NASDAQ:MLCO)
Next Dividend:8/23/2017
Annual Dividend:$0.30
Dividend Yield:1.44%
Payout Ratio:57.69% (Trailing 12 Months of Earnings)
37.50% (Based on This Year's Estimates)
32.97% (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
7/27/2017None$0.098/4/20178/8/20178/23/2017
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
americanbankingnews.com logoContrasting Eldorado Resorts (ERI) & Melco Crown Entertainment Limited (MLCO)
www.americanbankingnews.com - August 19 at 2:28 PM
americanbankingnews.com logoMelco Crown Entertainment Limited (MLCO) and Golden Entertainment (GDEN) Head-To-Head Survey
www.americanbankingnews.com - August 19 at 2:26 AM
americanbankingnews.com logoMelco Crown Entertainment Limited (MLCO) vs. Eldorado Resorts (ERI) Financial Analysis
www.americanbankingnews.com - August 18 at 10:18 PM
americanbankingnews.com logoMelco Crown Entertainment Limited (MLCO) PT Lowered to $25.80 at Macquarie
www.americanbankingnews.com - August 18 at 5:08 PM
finance.yahoo.com logoWynn Resorts (WYNN) in Focus: Stock Rises 6.4%
finance.yahoo.com - August 17 at 3:34 AM
americanbankingnews.com logoMelco Crown Entertainment Limited (MLCO) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 15 at 11:02 AM
finance.yahoo.com logoStudio City International Holdings Limited Announces Confidential Filing of Draft Registration Statement for Initial Public Offering
finance.yahoo.com - August 15 at 1:46 AM
finance.yahoo.com logoETFs with exposure to Melco Resorts & Entertainment Ltd. : August 14, 2017
finance.yahoo.com - August 15 at 1:46 AM
americanbankingnews.com logoCritical Contrast: Melco Crown Entertainment Limited (MLCO) and Boyd Gaming Corporation (BYD)
www.americanbankingnews.com - August 12 at 4:10 AM
nasdaq.com logoCasino Stocks Fall, Is North Korea Tension To Blame? - Nasdaq.com - Nasdaq
www.nasdaq.com - August 11 at 6:32 AM
americanbankingnews.com logoHead to Head Analysis: Melco Crown Entertainment Limited (NASDAQ:MLCO) and Caesars Entertainment Corporation (CZR)
www.americanbankingnews.com - August 8 at 4:30 PM
americanbankingnews.com logoGabelli Weighs in on Melco Crown Entertainment Limited's FY2019 Earnings (MLCO)
www.americanbankingnews.com - August 4 at 7:40 PM
nasdaq.com logoAustralia's Crown Resorts posts profit miss after China arrests - Nasdaq
www.nasdaq.com - August 4 at 2:03 AM
finance.yahoo.com logoMelco Resorts & Entertainment Ltd. :MLCO-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - July 31 at 8:17 PM
americanbankingnews.com logoMelco Crown Entertainment Limited (MLCO) Lowered to C+ at TheStreet
www.americanbankingnews.com - July 29 at 9:54 AM
News IconBRIEF-Melco Resorts & Entertainment Q2 net income $0.08 per ADS
www.businessinsider.com - July 28 at 4:16 PM
finance.yahoo.com logoMelco Resorts (MLCO) Misses on Q2 Earnings, Stock Falls
finance.yahoo.com - July 28 at 4:16 PM
americanbankingnews.com logoMelco Crown Entertainment Limited (MLCO) Announces Dividend Increase - $0.09 Per Share
www.americanbankingnews.com - July 28 at 11:08 AM
finance.yahoo.com logoMelco Announces Unaudited Second Quarter 2017 Earnings and Declares Quarterly Dividend
finance.yahoo.com - July 28 at 5:08 AM
finance.yahoo.com logoMelco Resorts (MLCO) Q2 Earnings Lag, Sales Beat Estimates
finance.yahoo.com - July 28 at 5:08 AM
finance.yahoo.com logoEdited Transcript of MLCO earnings conference call or presentation 27-Jul-17 12:30pm GMT
finance.yahoo.com - July 28 at 5:07 AM
americanbankingnews.com logoMelco Crown Entertainment Limited (NASDAQ:MLCO) Releases Earnings Results, Misses Estimates By $0.04 EPS
www.americanbankingnews.com - July 27 at 3:00 PM
finance.yahoo.com logoCan Melco Resorts (MLCO) Pull Off a Surprise in Q2 Earnings?
finance.yahoo.com - July 26 at 12:27 AM
americanbankingnews.com logoMelco Crown Entertainment Limited (NASDAQ:MLCO) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - July 21 at 10:56 AM
americanbankingnews.com logoMelco Crown Entertainment Limited's (NASDAQ:MLCO) Neutral Rating Reiterated at Instinet
www.americanbankingnews.com - July 17 at 9:02 PM
streetinsider.com logoUPDATE: Macau Junket Operator Warns of Liquidity Risk - Daiwa ... - StreetInsider.com
www.streetinsider.com - July 15 at 6:30 AM
americanbankingnews.com logoMelco Crown Entertainment Limited (MLCO) Stock Rating Reaffirmed by Sanford C. Bernstein
www.americanbankingnews.com - July 12 at 1:34 PM
americanbankingnews.com logoMelco Crown Entertainment Limited (NASDAQ:MLCO) Rating Reiterated by UBS AG
www.americanbankingnews.com - July 10 at 1:01 PM
americanbankingnews.com logoMelco Crown Entertainment Limited (NASDAQ:MLCO) Expected to Post Quarterly Sales of $1.20 Billion
www.americanbankingnews.com - July 9 at 9:58 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Melco Crown Entertainment Limited (MLCO) to Post $0.14 Earnings Per Share
www.americanbankingnews.com - July 7 at 8:54 AM
finance.yahoo.com logoMelco Resorts Finance Announces Pricing of 4.875% Senior Notes Offering
finance.yahoo.com - June 27 at 6:43 PM
americanbankingnews.com logoMelco Crown Entertainment Limited (MLCO) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - June 26 at 10:14 AM
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

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Chart

Melco Crown Entertainment Limited (MLCO) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff