for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Melco Resorts & Entertainment Ltd(ADR)

MLCO.O

Latest Trade

--

Change

--(--)

Today's Range

--

 - 

--

52 Week Range

--

 - 

--

As of on the NASDAQ ∙ Minimum 15 minute delay

Pricing

Previous Close
--
Open
--
Volume
--
3M AVG Volume
29.52
Today's High
--
Today's Low
--
52 Week High
--
52 Week Low
--
Shares Out (MIL)
1,379.76
Market Cap (MIL)
10,322.06
Forward P/E
21.77
Dividend (Yield %)
3.69

Next Event

Q4 2019 Melco Resorts & Entertainment Ltd Earnings Release

Latest Developments

More

Melco Announces Third Quarter 2019 Earnings And Declares Quarterly Dividend

Melco Resorts & Entertainment Says Evan Andrew Winkler Has Been Appointed As President Of The Co

Crown Resorts Updates On Stake Sale To Melco Resorts By James Packer

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Melco Resorts & Entertainment Ltd(ADR)

Melco Resorts & Entertainment Limited, formerly 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. It 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. Its 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. It 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, Macau operating within Hotel Taipa Square.

Industry

Casinos & Gaming

Contact Info

36/F The Centrium

60 Wyndham Street, Central

+852.null.25983600

http://www.melco-resorts.com/

Executive Leadership

Yau Lung Ho

Executive Chairman of the Board, Chief Executive Officer

Geoffrey Stuart Davis

Chief Financial Officer, Executive Vice President

Akiko Takahashi

Executive Vice President, Chief Human Resources, Corporate Social Responsibility Officer

Stephanie Cheung

Executive Vice President, Chief Legal Officer

Yuk Man Chung

Non-Executive Director

Key Stats

1.80 mean rating - 20 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

4.5K

2017

5.3K

2018

5.2K

2019(E)

5.7K
EPS (USD)

2016

0.380

2017

0.770

2018

0.727

2019(E)

0.980
Price To Earnings (TTM)
23.42
Price To Sales (TTM)
1.82
Price To Book (MRQ)
4.11
Price To Cash Flow (TTM)
9.59
Total Debt To Equity (MRQ)
211.62
LT Debt To Equity (MRQ)
170.76
Return on Investment (TTM)
6.74
Return on Equity (TTM)
4.77

Latest News

Latest News

Australia's James Packer pauses Crown selldown over China probe

Australian businessman James Packer has frozen a A$1.2 billion (£660.2 million) partial sale of his casino company to Hong Kong's Melco Resorts & Entertainment pending an investigation into alleged criminal activity at its Australian operations.

James Packer's Crown Resorts stake sale hits regulatory roadblock

Australia's Crown Resorts on Thursday said it had been informed that a planned $1.2 billion stake sale by casino mogul James Packer to Melco Resorts & Entertainment had been delayed.

Melco Resorts to cooperate with Australian inquiry into Crown stake

Melco Resorts & Entertainment <MLCO.O> said on Friday it will cooperate with an Australian gaming regulator's inquiry into its $1.2 billion stake purchase in Crown Resorts <CWN.AX>.

Australian gaming watchdog to review Melco's $1.2 billion Crown stake buy

An Australian gaming regulator said it will review Melco Resorts & Entertainment's <MLCO.O> planned $1.2 billion stake purchase in Crown Resorts <CWN.AX> following local media reports that Crown flouted rules to lure big Chinese gamblers to Australia.

Australian gaming watchdog announces inquiry for Crown Resorts-Melco deal

Australia's New South Wales liquor and gaming regulator on Thursday announced an inquiry into Melco Resorts & Entertainment's proposal to buy a stake in Crown Resorts from casino mogul James Packer.

Melco buy-in triggers regulatory review of Crown's $1.5 billion Sydney casino

An Australian regulator said it will review its approval for Crown Resorts' $1.5 billion casino being built in Sydney, after the gambling giant's founder James Packer sold nearly half his stake in the company to Hong Kong's Melco Resorts.

Australia's Crown Resorts shares drop as stake sale to Melco dampens buyout hope

Australian casino giant Crown Resorts Ltd saw its shares tumble on Friday, after a surprise $1.2 billion selldown by founder James Packer to Hong Kong's Melco Resorts & Entertainment Ltd dampened hopes for a full buyout.

Australia shares set to open higher; New Zealand down

Australian shares are expected to open higher on Friday, tracking gains on Wall Street, and are likely to be supported by a surge in Crown Resorts Ltd shares after U.S. firm Melco Resorts & Entertainment said it will buy a stake in the casino operator. Melco Resorts & Entertainment...

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

Casino operator Melco to buy 20% of Crown Resorts from billionaire Packer

Melco Resorts & Entertainment will buy a 20% stake in Australia's Crown Resorts from casino mogul James Packer for A$1.76 billion ($1.22 billion), the U.S. company said, months after Wynn Resorts withdrew an offer to buy Crown.

Melco Resorts to buy 20% stake in Australia's Crown Resorts for $1.22 bln

Melco Resorts & Entertainment Ltd said on Thursday it would buy a 19.99% stake in Australia's Crown Resorts Ltd for A$1.76 billion ($1.22 billion). Melco's offer represents a marginal premium of 0.6% to Crown's last closing price of A$12.92. ($1 = 1.4436 Australian dollars...

Foreign casino operators go all in as they vie for Osaka license

(This version of the August 20 story corrects company name and stock code in paragraph 7)

BRIEF-Melco Resorts & Entertainment Posts Q1 Adj. Net Income $0.34/ADS

* Q1 EARNINGS PER SHARE VIEW $0.27, REVENUE VIEW $1.38 BILLION -- THOMSON REUTERS I/B/E/S

BRIEF-Melco Says Board Approved New $500 Mln Share Repurchase Program

* MELCO RESORTS & ENTERTAINMENT LTD SAYS ANNOUNCES THAT ITS BOARD HAS APPROVED A NEW US$500 MILLION SHARE REPURCHASE PROGRAM

Melco pledges headquarters in Japan if it wins casino licence

Melco Resorts & Entertainment Ltd <MLCO.O> will shift its headquarters to Japan should it win a licence to run a casino in the world's next frontier for high-stakes gambling, its chief executive said on Friday.

BRIEF-Melco Resorts & Entertainment Q2 net income $0.08 per ADS

* Melco Resorts & Entertainment Ltd - net revenue for Q2 was $1,298.2 million versus $1,070.4 million a year ago

BRIEF-Melco Resorts Finance announces pricing of senior notes offering

* Melco Resorts Finance - priced its international offering of senior notes due 2025

BRIEF-Melco International Development says Crown Sub to dispose its remaining stake in Melco Resorts

* Crown Sub has agreed to dispose of its remaining shareholding in Melco Resorts

BRIEF-Melco Resorts & Entertainment-launch of public offering of 27.8 million adss

* Melco Resorts & Entertainment - launch of public offering of 27.8 million adss,82 million ordinary shares for 165.3 million ordinary shares, concurrent repurchase from Crown Resorts

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up