MLCO Stock - Melco Resorts & Entertainment Limited
Unlock GoAI Insights for MLCO
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $4.64B | $3.78B | $1.35B | $2.01B | $1.73B |
| Gross Profit | $1.66B | $1.18B | $286.52M | $490.01M | $189.52M |
| Gross Margin | 35.9% | 31.4% | 21.2% | 24.3% | 11.0% |
| Operating Income | $484.63M | $64.96M | $-743,105,000 | $-577,451,000 | $-940,557,000 |
| Net Income | $43.54M | $-326,920,000 | $-930,526,000 | $-811,751,000 | $-1,263,492,000 |
| Net Margin | 0.9% | -8.7% | -68.9% | -40.3% | -73.1% |
| EPS | $0.30 | $-0.75 | $-2.37 | $-2.01 | $-3.06 |
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 approximately 511 gaming tables and 572 gaming machines; approximately 770 rooms, and suites and villas; approximately 25 restaurants and bars, and 165 retail outlets; and health and fitness clubs, three swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 101 gaming tables and 121 gaming machines; 230 hotel rooms; various dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising a spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets that comprises 290 gaming tables and 645 gaming machines in Cotai, Macau. Further, the company owns and operates seven Mocha Clubs with 813 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 three satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. The company was incorporated in 2004 and is headquartered in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 3rd 2025 | CLSA | Upgrade | Outperform | - |
| July 1st 2025 | JP Morgan | Upgrade | Overweight | $9.5 |
| April 30th 2025 | UBS | Downgrade | Sell | $4.6 |
| April 10th 2025 | Citigroup | Upgrade | Buy | $6.25 |
| March 3rd 2025 | Morgan Stanley | Upgrade | Overweight | $6.7← $7.5 |
| February 10th 2025 | Citigroup | Downgrade | Neutral | $6← $10 |
| December 17th 2024 | Morgan Stanley | Downgrade | Equal Weight | $7.5← $9.6 |
| July 18th 2024 | JP Morgan | Downgrade | Neutral | $7← $10 |
| May 29th 2024 | BofA Securities | Upgrade | Buy | $10.4← $7.5 |
| May 6th 2024 | Morgan Stanley | Upgrade | Overweight | $9.6← $8.3 |
| April 15th 2024 | Seaport Research Partners | Initiation | Buy | $10 |
| December 15th 2023 | Susquehanna | Initiation | Positive | $15 |
| July 18th 2023 | Macquarie | Initiation | Outperform | $16.3 |
| June 28th 2023 | BofA Securities | Downgrade | Neutral | - |
| June 20th 2023 | Credit Suisse | Upgrade | Outperform | $18.2← $14 |
Earnings History & Surprises
MLCOEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 26, 2026 | $0.13 | — | — | — |
Q4 2025 | Nov 6, 2025 | $0.11 | $0.21 | +90.9% | ✓ BEAT |
Q3 2025 | Jul 31, 2025 | $0.09 | $0.23 | +155.6% | ✓ BEAT |
Q2 2025 | May 8, 2025 | $-0.01 | $0.12 | +1300.0% | ✓ BEAT |
Q1 2025 | Feb 27, 2025 | $0.08 | $-0.01 | -112.5% | ✗ MISS |
Q4 2024 | Nov 5, 2024 | $0.09 | $0.08 | -11.1% | ✗ MISS |
Q3 2024 | Aug 13, 2024 | $0.10 | $0.06 | -40.0% | ✗ MISS |
Q2 2024 | Apr 30, 2024 | $0.03 | $0.04 | +32.1% | ✓ BEAT |
Q1 2024 | Feb 29, 2024 | $-0.01 | $0.13 | +1014.2% | ✓ BEAT |
Q4 2023 | Nov 7, 2023 | $-0.01 | $-0.03 | -206.4% | ✗ MISS |
Q3 2023 | Aug 1, 2023 | $-0.14 | $-0.02 | +85.7% | ✓ BEAT |
Q2 2023 | May 10, 2023 | $-0.35 | $-0.14 | +60.0% | ✓ BEAT |
Q1 2023 | Mar 1, 2023 | $-0.60 | $-0.51 | +15.0% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $-0.56 | $-0.52 | +7.1% | ✓ BEAT |
Q3 2022 | Aug 18, 2022 | $-0.52 | $-0.51 | +1.9% | ✓ BEAT |
Q2 2022 | May 5, 2022 | $-0.39 | $-0.37 | +5.1% | ✓ BEAT |
Q1 2022 | Mar 1, 2022 | $-0.40 | $-0.32 | +20.0% | ✓ BEAT |
Q4 2021 | Nov 9, 2021 | $-0.30 | $-0.43 | -43.3% | ✗ MISS |
Q3 2021 | Jul 27, 2021 | $-0.31 | $-0.35 | -12.9% | ✗ MISS |
Latest News
Shares of travel companies are trading higher ahead of the Thanksgiving holiday. Estimates indicate that the travel period may be the busiest in 15 years.
📈 PositiveJP Morgan Maintains Overweight on Melco Resorts and Enter, Raises Price Target to $11
📈 PositiveMelco Resorts & Entertainment shares are trading higher after the company reported better-than-expected Q3 financial resulted.
📈 PositiveMelco Resorts and Enter Q3 Adj. EPS $0.21 Beats $0.12 Estimate, Sales $1.309B Beat $1.282B Estimate
📈 PositiveWatching Sports Gambling Related Stocks; FBI Director Kash Patel Says More Than 30 Individuals Arrested Across Multiple States As Part Of Investigation Into Illegal Gambling; Portland Trailblazers Head Coach Chauncey Billups And Miami Heat Player Terry Rozier Among Those Arrested
📉 NegativeShares of casino stocks are trading lower in possible reaction to Macau Golden Week data.
📉 NegativeShares of travel and leisure stocks are trading lower amid overall market weakness after President Trump, on a social media post, said that he is considering an increase in tariffs on Chinese products.
📉 NegativeShares of travel and leisure stocks are trading lower amid concerns of an imminent U.S. government shutdown. The industry may also be experiencing weakness due to worse-than-expected Consumer Confidence data for September.
📉 NegativeMelco Resorts Finance Proposes New Senior Notes Offering And Launches Conditional Tender Offer For Any And All Of Its Outstanding 5.250% Senior Notes Due 2026
➖ NeutralCLSA Upgrades Melco Resorts and Enter to Outperform
📈 PositiveFrequently Asked Questions about MLCO
What is MLCO's current stock price?
What is the analyst price target for MLCO?
What sector is Melco Resorts & Entertainment Limited in?
What is MLCO's market cap?
Does MLCO pay dividends?
Similar Stocks
Consumer Cyclical SectorExplore stocks similar to MLCO for comparison