Melco Resorts & EntertainmentMLCO
MLCO
About: Melco Resorts and Entertainment Ltd is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 81% from Macao with the rest largely from the Philippines as of 2024.
Employees: 21,784
0
Funds holding %
of 7,245 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
252% more call options, than puts
Call options by funds: $18.3M | Put options by funds: $5.21M
0.44% less ownership
Funds ownership: 11.55% [Q4 2024] → 11.11% (-0.44%) [Q1 2025]
7% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 27
2% less funds holding
Funds holding: 163 [Q4 2024] → 159 (-4) [Q1 2025]
15% less capital invested
Capital invested by funds: $884M [Q4 2024] → $748M (-$136M) [Q1 2025]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 3 (-1) [Q1 2025]
39% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 64
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$6.60
8%
upside
Avg. target
$6.65
8%
upside
High target
$6.70
9%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
B of A Securities Ronald Leung | 8%upside $6.60 | Neutral Maintained | 20 May 2025 |
Morgan Stanley Praveen Choudhary | 9%upside $6.70 | Overweight Upgraded | 3 Mar 2025 |
Financial journalist opinion
Based on 7 articles about MLCO published over the past 30 days
Neutral
Seeking Alpha
1 week ago
Melco Resorts & Entertainment Limited (MLCO) Q1 2025 Earnings Call Transcript
Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Jeanny Kim – Senior Vice President, Group Treasurer Lawrence Ho – Chief Executive Officer Geoff Davis – Executive Vice President and Chief Financial Officer Evan Winkler - President Conference Call Participants George Choi – Citi Ricardo Chinchilla – Deutsche Bank Joe Stauff – Susquehanna Praveen Choudhary – Morgan Stanley John DeCree – CBRE Operator Ladies and gentlemen, thank you for participating in the First Quarter 2025 Earnings Conference Call of Melco Resorts & Entertainment Limited. At this time, all participants are in listen-only mode.
Neutral
Zacks Investment Research
1 week ago
Here's What Key Metrics Tell Us About Melco (MLCO) Q1 Earnings
While the top- and bottom-line numbers for Melco (MLCO) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
2 weeks ago
Melco Resorts (MLCO) Q1 Earnings and Revenues Surpass Estimates
Melco Resorts (MLCO) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.04 per share a year ago.
Neutral
GlobeNewsWire
2 weeks ago
Melco Announces Unaudited First Quarter 2025 Earnings
MACAU, May 08, 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, today reported its unaudited financial results for the first quarter of 2025. Total operating revenues for the first quarter of 2025 were US$1.23 billion, representing an increase of approximately 11% from US$1.11 billion for the comparable period in 2024.
Neutral
GlobeNewsWire
2 weeks ago
Melco Announces Earnings Release Date
MACAU, May 02, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will release its unaudited financial results for the first quarter of 2025 on Thursday, May 8, 2025 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 8:30 p.m. Singapore Time).
Neutral
GlobeNewsWire
3 weeks ago
Melco publishes Company's annual sustainability report “RISE to go Above & Beyond”
MACAU, April 29, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has announced the publication of its sustainability report for the year 2024 (link). The strategy continues to guide the Company to go “Above & Beyond” -- to strive to achieve its commitments to restoring the environment, inspiring its people and communities, sustaining its supply chain and empowering its business to impact positive change. As Melco's strategy, pillar goals and targets evolve in response to shifting environments through wide-reaching efforts as highlighted in the report, the Company aims to actively engage stakeholders on its journey towards a climate-fit and equitable future.
Negative
Zacks Investment Research
4 weeks ago
Earnings Preview: Melco Resorts (MLCO) Q1 Earnings Expected to Decline
Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
1 month ago
Melco Resorts & Entertainment: I'm Starting To See A Brighter Tomorrow
Melco Resorts & Entertainment aims to sell City of Dreams Manila to fund a new casino in Thailand, an emerging gambling market. Despite high debt and suspended dividends, MLCO's share buybacks and positive post-COVID recovery enhance shareholder value. Thailand's potential legalization of gambling offers significant growth, making it a strategic move and creating positive motivation to sell Manila.
Neutral
Seeking Alpha
1 month ago
Melco Resorts & Entertainment: Discounted Way Into Asia-Pacific Gambling Recovery
Melco Resorts & Entertainment is shifting to an asset-light model, focusing on operating gaming floors rather than building new properties, to expand its footprint. Despite a 20.6% stock decline due to a crackdown on junkets, Melco's shares are undervalued with key expansions expected to boost earnings in 2025. Melco's Macau operations, including City of Dreams and Studio City, are crucial revenue drivers, with ongoing renovations aimed at attracting high-value customers organically.
Neutral
Seeking Alpha
2 months ago
Melco Resorts & Entertainment Limited (MLCO) Q4 2024 Earnings Call Transcript
Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Lawrence Ho - Chairman & Chief Executive Officer Geoff Davis - Executive Vice President & Chief Financial Officer Evan Winkler - President Conference Call Participants George Choi - Citi Ricardo Chinchilla - Deutsche Bank John DeCree - CBRE Joe Stauff - Susquehanna Praveen Choudhary - MS Operator Ladies and Gentlemen, thank you for participating in the Fourth Quarter 2024 Earnings Conference Call of Melco Resorts and Entertainment Limited. At this time, all participants are in a listen-only mode.
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