About Melco Crown Entertainment Ltd
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. 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
- Previous Close: $16.06
- 50 Day Moving Average: $16.90
- 200 Day Moving Average: $16.42
- 52-Week Range: $487,886,000.00 - $11.91
- Trailing P/E Ratio: 46.55
- Foreward P/E Ratio: 24.71
- P/E Growth: 3.79
- Market Cap: $7.84B
- Outstanding Shares: 487,886,000
- Beta: 2.11
- Net Margins: 2.70%
- Return on Equity: 4.12%
- Return on Assets: 1.82%
Companies Related to Melco Crown Entertainment Ltd:
- Debt-to-Equity Ratio: 1.01%
- Current Ratio: 1.42%
- Quick Ratio: 1.40%
What is Melco Crown Entertainment Ltd's stock symbol?
Melco Crown Entertainment Ltd trades on the NASDAQ under the ticker symbol "MPEL."
How often does Melco Crown Entertainment Ltd pay dividends? What is the dividend yield for Melco Crown Entertainment Ltd?
Melco Crown Entertainment Ltd declared a quarterly dividend on Thursday, February 16th. Investors of record on Monday, February 27th will be given a dividend of $0.03 per share on Wednesday, March 15th. This represents a $0.12 annualized dividend and a yield of 0.75%. The ex-dividend date is Thursday, February 23rd. This is a positive change from Melco Crown Entertainment Ltd's previous quarterly dividend of $0.01.
Where is Melco Crown Entertainment Ltd's stock going? Where will Melco Crown Entertainment Ltd's stock price be in 2017?
18 equities research analysts have issued 12-month price objectives for Melco Crown Entertainment Ltd's stock. Their predictions range from $14.00 to $23.00. On average, they anticipate Melco Crown Entertainment Ltd's share price to reach $18.63 in the next year.
When will Melco Crown Entertainment Ltd announce their earnings?
Melco Crown Entertainment Ltd is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about Melco Crown Entertainment Ltd stock?
Here are some recent quotes from research analysts about Melco Crown Entertainment Ltd stock:
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. " (2/24/2017)
- 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 owns Melco Crown Entertainment Ltd stock?
Melco Crown Entertainment Ltd's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 Ltd stock? Who is selling Melco Crown Entertainment Ltd stock?
Melco Crown Entertainment Ltd's stock was sold by a variety of institutional investors in the last quarter, including Credit Agricole S A, USA Mutuals Advisors Inc., Putnam Investments LLC, Ellington Management Group LLC, Dimensional Fund Advisors LP, Ladenburg Thalmann Financial Services Inc. and Aviva PLC.
Who bought Melco Crown Entertainment Ltd stock? Who is buying Melco Crown Entertainment Ltd stock?
Melco Crown Entertainment Ltd'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, Maso Capital Partners Ltd and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main.
How do I buy Melco Crown Entertainment Ltd stock?
Shares of Melco Crown Entertainment Ltd 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 Ltd stock cost?
One share of Melco Crown Entertainment Ltd stock can currently be purchased for approximately $16.06.