Melco Resorts & Entertainment Ltd

$6.40
(as of Jun 10, 4:00 PM EST)

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Ticker Information for Melco Resorts & Entertainment Ltd

Stock Price
$6.40
Ticker Symbol
MLCO
Exchange
NASDAQ

Industry Information for Melco Resorts & Entertainment Ltd

Sector
Consumer Cyclical
Industry
Resorts & Casinos

Company Description for Melco Resorts & Entertainment Ltd

Country
USA
Full Time Employees
21,784

Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has gaming tables and gaming machines; suites and villas; restaurants and bars; retail outlets; a wet stage performance theater; and recreation and leisure facilities. The company also operates Altira Macau, a casino hotel, which has gaming tables and gaming machines; hotel rooms; dining and casual restaurants; recreation and leisure facilities; and non-gaming amenities. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau. Further, the company owns and operates Mocha Clubs with gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; a casino in Limassol and satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus; and develops and operates City of Dreams Mediterranean, an integrated casino resort in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. Melco Resorts & Entertainment Limited was incorporated in 2004 and is based in Central, Hong Kong. The company operates as a subsidiary of Melco Leisure and Entertainment Group Limited.

Fundamentals for Melco Resorts & Entertainment Ltd

Market Capitalization
$2,528,873,984
EBITDA
$1,048,536,512
Dividends per Share
P/E Ratio
43.93
Forward P/E Ratio
25.64
Earnings per Share
$0.14
Earnings per Share Estimate Next Year
Profit Margin
1.28%
Shares Outstanding
411,199,008
Percent Owned by Insiders
0.00%
Percent Owned by Institutions
35.90%
52-Week High
52-Week Low

Technical Indicators for Melco Resorts & Entertainment Ltd

50-Day Moving Average
200-Day Moving Average
RSI
62.23
0.23

Analyst Ratings for Melco Resorts & Entertainment Ltd

Strong Buy
6
Buy
3
Hold
4
Sell
0
Strong Sell
1

News About Melco Resorts & Entertainment Ltd

Jun 9, 2025, 12:01 AM EST
MACAU, June 09, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner and operator of integrated resort facilities in Asia and Europe, announced that, after considering the Company's overall development strategy and in accordance with Macau law, Grand Dragon Casino and three Mocha Clubs, namely Mocha Hotel Royal, Mocha Kuong Fat and Mocha Grand Dragon Hotel, will cease operations before the end of 2025. See more.
Jun 9, 2025, 12:01 AM EST
Melco Resorts & Entertainment Limited See more.
Jun 5, 2025, 5:06 PM EST
In trading on Thursday, shares of Melco Resorts & Entertainment Ltd (Symbol: MLCO) crossed below their 200 day moving average of $5.99, changing hands as low as $5.92 per share. See more.
Jun 1, 2025, 11:07 AM EST
[The night view of Macau city in China] See more.