Melco Crown Entertainment Limited Company Profile (NASDAQ:MPEL)

About Melco Crown Entertainment Limited

Melco Crown Entertainment Limited logoMelco 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. The Company 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. The Company's 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. The Company 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, a casino on Taipa Island, Macau operating within Hotel Taipa Square.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Resorts & Casinos
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MPEL
  • CUSIP:
Key Metrics:
  • Previous Close: $16.99
  • 50 Day Moving Average: $16.85
  • 200 Day Moving Average: $16.33
  • 52-Week Range: $11.90 - $20.00
  • Trailing P/E Ratio: 49.25
  • Foreward P/E Ratio: 25.74
  • P/E Growth: 4.25
  • Market Cap: $8.29B
  • Beta: 2.11
Profitability:
  • Net Margins: 2.70%
  • Return on Equity: 4.12%
  • Return on Assets: 1.82%
Debt:
  • Debt-to-Equity Ratio: 1.01%
  • Current Ratio: 1.42%
  • Quick Ratio: 1.40%
Additional Links:
Companies Related to Melco Crown Entertainment Limited:

Analyst Ratings

Consensus Ratings for Melco Crown Entertainment Limited (NASDAQ:MPEL) (?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $18.63 (9.67% upside)

Analysts' Ratings History for Melco Crown Entertainment Limited (NASDAQ:MPEL)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017Deutsche Bank AGSet Price TargetBuy$23.00View Rating Details
2/16/2017Credit Suisse GroupSet Price TargetBuy$23.00View Rating Details
2/16/2017AegisReiterated RatingBuy$23.00View Rating Details
2/13/2017Morgan StanleyUpgradeEqual Weight -> Overweight$19.00View Rating Details
1/25/2017NomuraUpgradeReduce -> NeutralView Rating Details
1/25/2017Wells Fargo & CompanyReiterated RatingMarket PerformView Rating Details
1/25/2017InstinetUpgradeReduce -> Neutral$14.00 -> $16.00View Rating Details
1/19/2017Sanford C. BernsteinReiterated RatingOutperformView Rating Details
1/9/2017Bank of America CorpUpgradeNeutral -> Buy$19.50 -> $22.30View Rating Details
11/30/2016Citigroup Inc.Reiterated RatingBuyView Rating Details
10/5/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutralView Rating Details
9/8/2016MacquarieInitiated CoverageOutperformView Rating Details
8/28/2016BNP ParibasReiterated RatingSellView Rating Details
8/11/2016Buckingham ResearchInitiated CoverageNeutral$15.50View Rating Details
8/5/2016J P Morgan Chase & CoLower Price TargetNeutral$16.00 -> $14.00View Rating Details
7/19/2016HSBC Holdings plcUpgradeHold -> BuyView Rating Details
6/3/2016Daiwa Capital MarketsDowngradeOutperform -> HoldView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
1/1/2016GabelliReiterated RatingBuyView Rating Details
8/10/2015Brean CapitalReiterated RatingBuy$26.00View Rating Details
7/16/2015Barclays PLCReiterated RatingEqual WeightView Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Melco Crown Entertainment Limited (NASDAQ:MPEL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/16/2017Q416$0.13$0.13$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$0.06$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$0.19$0.16$1.07 billion$1.08 billionViewN/AView Earnings Details
2/12/2015Q414$0.27$0.17$1.14 billion$1.12 billionViewN/AView Earnings Details
11/6/2014Q314$0.31$0.28$1.19 billion$1.12 billionViewN/AView Earnings Details
8/7/2014Q214$0.36$0.30$1.30 billion$1.20 billionViewN/AView Earnings Details
5/8/2014Q114$0.41$0.44$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:MPEL)
Current Year EPS Consensus Estimate: $0.50 EPS
Next Year EPS Consensus Estimate: $0.66 EPS

Dividends

Current Dividend Information for Melco Crown Entertainment Limited (NASDAQ:MPEL)
Annual Dividend:$0.06
Dividend Yield:0.35%
Payout Ratio:25.00% (Based on Trailing 12 Months of Earnings)
12.00% (Based on Current Year Consensus EPS Estimate)
9.09% (Based on Next Year Consensus EPS Estimate)

Dividend History for Melco Crown Entertainment Limited (NASDAQ:MPEL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/16/2017quarterly$0.032/23/20172/27/20173/15/2017
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:MPEL)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Melco Crown Entertainment Limited (NASDAQ:MPEL)
DateHeadline
News IconTop Earnings Report to Watch for: Melco Crown Entertainment Limited (NASDAQ:MPEL) (NASDAQ:MPEL)
upbeacon.net - February 19 at 9:52 AM
fool.com logoMelco Crown Feeling Pressure of Macau's Shifting Power Dynamics (NASDAQ:MPEL)
www.fool.com - February 18 at 1:24 PM
News IconMelco Crown back to profit in 4Q, Macau maturing: Ho (NASDAQ:MPEL)
www.ggrasia.com - February 18 at 12:16 PM
us.rd.yahoo.com logoEdited Transcript of MPEL earnings conference call or presentation 16-Feb-17 1:30pm GMT (NASDAQ:MPEL)
us.rd.yahoo.com - February 18 at 12:16 PM
feeds.benzinga.com logoCrown Castle Declares Quarterly Common Stock Dividend (NASDAQ:MPEL)
feeds.benzinga.com - February 17 at 5:00 PM
nasdaq.com logoAfter Hours Most Active for Feb 16, 2017 : MPEL, CSCO, GE, BAC, BKD, VCSH, GG, ADM, CHK, STX, AMAT, INTC - Nasdaq (NASDAQ:MPEL)
www.nasdaq.com - February 17 at 4:13 PM
globenewswire.com logoMelco Crown Entertainment Announces Unaudited Results for the Fourth Quarter and Full Year Ended December 31 ... - GlobeNewswire (press release) (NASDAQ:MPEL)
globenewswire.com - February 17 at 4:13 PM
News IconInside Track: Trading Focus on Shares of Melco Crown Entertainment Limited (MPEL) - Baldwin Journal (NASDAQ:MPEL)
baldwinjournal.com - February 17 at 4:13 PM
finance.yahoo.com logoGaming making recovery in Macau: Melco Crown CEO (NASDAQ:MPEL)
finance.yahoo.com - February 17 at 4:13 PM
finance.yahoo.com logoWooing Chinese consumers with Michelin stars (NASDAQ:MPEL)
finance.yahoo.com - February 17 at 4:12 PM
finance.yahoo.com logoMelco Crown (MPEL) Stock Down Despite Q4 Earnings Beat (NASDAQ:MPEL)
finance.yahoo.com - February 17 at 4:12 PM
feeds.benzinga.com logoInsight's Chairman and CIO will Keynote Phoenix Startup Week (NASDAQ:MPEL)
feeds.benzinga.com - February 17 at 12:46 PM
News IconMelco Crown Entertainment Limited (MPEL) to Release Quarterly Earnings on Thursday (NASDAQ:MPEL)
prensariotiretail.com - February 16 at 6:14 PM
rttnews.com logoMelco Crown Entertainment Ltd Reports 35% Rise In Q4 Bottom Line (NASDAQ:MPEL)
www.rttnews.com - February 16 at 6:14 PM
News IconFeatured Stock Overview: Melco Crown Entertainment Limited (NASDAQ:MPEL) (NASDAQ:MPEL)
ekosvoice.com - February 16 at 6:14 PM
News IconWhat are analysts Suggestions on: Melco Crown Entertainment Limited (NASDAQ:MPEL) (NASDAQ:MPEL)
eleganthomesinla.com - February 16 at 6:14 PM
seekingalpha.com logoMelco Crown Entertainment's (MPEL) CEO Lawrence Ho on Q4 2016 Results - Earnings Call Transcript (NASDAQ:MPEL)
seekingalpha.com - February 16 at 6:14 PM
News IconWant to invest in Melco Crown Entertainment Limited (MPEL) today? Read this before (NASDAQ:MPEL)
simplywall.st - February 16 at 6:14 PM
News IconMelco Crown Entertainment Limited (NASDAQ:MPEL) Under Analyst Spotlight (NASDAQ:MPEL)
hoyentv.com - February 16 at 6:14 PM
biz.yahoo.com logoQ4 2016 Melco Crown Entertainment Ltd Earnings Release - Before Market Open (NASDAQ:MPEL)
us.rd.yahoo.com - February 16 at 6:14 PM
us.rd.yahoo.com logoMelco Crown Entertainment Announces Unaudited Results for the Fourth Quarter and Full Year Ended December 31, 2016 and Declares Quarterly Dividend (NASDAQ:MPEL)
us.rd.yahoo.com - February 16 at 6:14 PM
us.rd.yahoo.com logo8:09 am Melco Crown Entertainment beats by $0.03, beats on revs (NASDAQ:MPEL)
us.rd.yahoo.com - February 16 at 6:14 PM
sg.finance.yahoo.com logoMelco Crown beats 4Q profit forecasts (NASDAQ:MPEL)
us.rd.yahoo.com - February 16 at 6:14 PM
us.rd.yahoo.com logoMelco Crown (MPEL) Lags Q4 Earnings, Sales Beat Estimates (NASDAQ:MPEL)
us.rd.yahoo.com - February 16 at 6:14 PM
seekingalpha.com logoMelco Crown Entertainment EPS in-line, beats on revenue (NASDAQ:MPEL)
seekingalpha.com - February 16 at 8:32 AM
feeds.benzinga.com logoMelco Completes Acquisition of Majority Stake in Melco Crown Entertainment (NASDAQ:MPEL)
feeds.benzinga.com - February 16 at 12:26 AM
News IconShare Levels in Review for Melco Crown Entertainment Limited (MPEL) - SKV News (NASDAQ:MPEL)
skvnews.com - February 14 at 8:13 PM
News IconShares of Melco Crown Entertainment Limited (MPEL) Sees Large Inflow of Net Money Flow - Highland Mirror (NASDAQ:MPEL)
www.highlandmirror.com - February 14 at 8:13 PM
News IconMelco Crown Entertainment Limited (MPEL) Shares Active after Upgrade at Morgan Stanley - The Ledger Gazette (NASDAQ:MPEL)
ledgergazette.com - February 14 at 8:13 PM
seekingalpha.com logoCrown Castle borrows $500M to mostly repay revolving credit (NASDAQ:MPEL)
seekingalpha.com - February 13 at 8:00 PM
us.rd.yahoo.com logoMelco Crown Entertainment upgraded by Morgan Stanley (NASDAQ:MPEL)
us.rd.yahoo.com - February 13 at 7:47 PM
News IconWhat are the Technical Charts Saying About Melco Crown Entertainment Limited (MPEL) - Providence Standard (NASDAQ:MPEL)
providencestandard.com - February 10 at 5:43 AM
News IconMarket Scout: Checking the Levels for Melco Crown Entertainment Limited (MPEL) - Benton Bulletin (NASDAQ:MPEL)
bentonbulletin.com - February 9 at 12:31 AM
News IconThe Melco Crown Entertainment Limited (MPEL) - Research Analysts' Recent Ratings Changes (NASDAQ:MPEL)
cote-ivoire.com - February 3 at 5:34 AM
News IconEarnings Forecast Research on Melco Crown Entertainment Limited (MPEL) (NASDAQ:MPEL)
mlbinjurynews.com - February 2 at 7:29 PM
feeds.reuters.com logoCEE MARKETS-Protests hit Romanian auction, Czechs keep guidance on crown (NASDAQ:MPEL)
feeds.reuters.com - February 2 at 10:26 AM
News IconMelco Crown Entertainment Limited (NASDAQ:MPEL) Quarterly Analytical Analysis - The Newburgh Press (NASDAQ:MPEL)
newburghpress.com - February 1 at 6:30 AM
News IconArga Investment Management LP Has Trimmed Its Melco Crown Entmt LTD (MPEL) Stake as Shares Rose (NASDAQ:MPEL)
randolphguide.com - January 31 at 7:31 PM
fool.com logoHow Volkswagen Group Managed to Win the Global Sales Crown Despite Diesel Scandal (NASDAQ:MPEL)
www.fool.com - January 31 at 9:03 AM
News IconTOM HAYES' LETTER FROM PRISON: The ex-trader convicted of rigging LIBOR outlines his new appeal (NASDAQ:MPEL)
www.businessinsider.com - January 31 at 4:45 AM
feeds.reuters.com logoBRIEF-Crown Castle announces proposed offering of senior notes (NASDAQ:MPEL)
feeds.reuters.com - January 30 at 11:31 AM
usatoday.com logoVolkswagen passes Toyota as world's largest automaker despite scandal - USA TODAY (NASDAQ:MPEL)
www.usatoday.com - January 30 at 11:30 AM
News IconVW likely to win global sales crown as Toyota growth slows - U.S. News & World Report (NASDAQ:MPEL)
www.usnews.com - January 30 at 9:40 AM
News IconShares of Melco Crown Entertainment Limited (MPEL) Sees Large Outflow of Money - Highland Mirror (NASDAQ:MPEL)
www.highlandmirror.com - January 30 at 9:38 AM
forbes.com logoIt's Official: Volkswagen World's Largest Automaker 2016. Or Maybe Toyota - Forbes (NASDAQ:MPEL)
www.forbes.com - January 30 at 1:51 AM
News IconMelco Crown Entertainment Limited (NASDAQ:MPEL) Current Opinions and Recommendations (NASDAQ:MPEL)
itapunta.com - January 28 at 1:49 AM
News IconWhat are Stock Advisors saying about Melco Crown Entertainment Limited (MPEL) (NASDAQ:MPEL)
eleganthomesinla.com - January 28 at 1:49 AM
News IconCan Melco Crown Entertainment Limited (NASDAQ:MPEL) Show Upward Trend after Earnings? (NASDAQ:MPEL)
flapship.com - January 28 at 1:49 AM
News IconWith Markets Booming Higher, Is This Stock Fairly Valued: Melco Crown Entertainment Limited (NASDAQ:MPEL) - Aiken Advocate (NASDAQ:MPEL)
aikenadvocate.com - January 26 at 10:15 PM
fool.com logoCrown Castle International Corp. Goes Big By Going Small (NASDAQ:MPEL)
www.fool.com - January 26 at 10:27 AM

Social

What is Melco Crown Entertainment Limited's stock symbol?

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

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 quarterly dividend on Thursday, February 16th. Stockholders of record on Monday, February 27th will be paid a dividend of $0.03 per share on Wednesday, March 15th. This represents a $0.12 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, February 23rd. This is an increase from Melco Crown Entertainment Limited's previous quarterly dividend of $0.01.

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 target prices for Melco Crown Entertainment Limited's stock. Their predictions range from $14.00 to $23.00. On average, they expect Melco Crown Entertainment Limited's share price to reach $18.63 in the next year.

When will Melco Crown Entertainment Limited announce their earnings?

Melco Crown Entertainment Limited is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Melco Crown Entertainment Limited stock?

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

  • 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)
  • According to Zacks Investment Research, "Melco Crown Entertainment Limited is an owner and developer of casino gaming and entertainment resort facilities primarily in Macau. It owns and operates City of Dreams, Altira Macau and Mocha Clubs. The Company's Development Project includes Macau Studio City Project. Melco Crown Entertainment Limited, formerly known as Melco PBL Entertainment (Macau) Limited, is headquartered in Macau. " (1/11/2017)

Who owns Melco Crown Entertainment Limited stock?

Melco Crown Entertainment Limited's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (1.93%), State Street Corp (0.59%), Nicholas Investment Partners LP (0.51%), Alyeska Investment Group L.P. (0.12%), Asset Management One Co. Ltd. (0.07%) and NINE MASTS CAPITAL Ltd (0.06%).

Who sold Melco Crown Entertainment Limited stock? Who is selling Melco Crown Entertainment Limited stock?

Melco Crown Entertainment Limited's stock was sold by a variety of institutional investors in the last quarter, including Credit Agricole S A, USA Mutuals Advisors Inc., Ellington Management Group LLC, Dimensional Fund Advisors LP, Ladenburg Thalmann Financial Services Inc. and Aviva PLC.

Who bought Melco Crown Entertainment Limited stock? Who is buying Melco Crown Entertainment Limited stock?

Melco Crown Entertainment Limited's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Nicholas Investment Partners LP, Alyeska Investment Group L.P., Asset Management One Co. Ltd., NINE MASTS CAPITAL Ltd, Davidson Kempner Capital Management LP, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main and TCW Group Inc..

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.

How much does a share of Melco Crown Entertainment Limited stock cost?

One share of Melco Crown Entertainment Limited stock can currently be purchased for approximately $16.99.

Melco Crown Entertainment Limited (NASDAQ:MPEL) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Melco Crown Entertainment Limited (NASDAQ:MPEL)

Earnings History Chart

Earnings by Quarter for Melco Crown Entertainment Limited (NASDAQ:MPEL)

Dividend History Chart

Dividend Payments by Quarter for Melco Crown Entertainment Limited (NASDAQ:MPEL)

Last Updated on 2/21/2017 by MarketBeat.com Staff