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as 11-15-2024 4:00pm EST

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Stocks

Consumer Discretionary

Hotels/Resorts

Nasdaq

Melco Resorts & Entertainment 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 84% from Macao with the rest largely from the Philippines as of 2019.

Founded: 2004 Country:
Hong Kong
Hong Kong
Employees: N/A City: N/A
Market Cap: 2.9B IPO Year: 2006
Target Price: $9.85 AVG Volume (30 days): 2.9M
Analyst Decision: Strong Buy Number of Analysts: 6
Dividend Yield:
N/A
Dividend Payout Frequency: N/A
EPS: -0.33 EPS Growth: N/A
52 Week Low/High: $4.78 - $9.56 Next Earning Date: 11-05-2024
Revenue: $4,540,808,000 Revenue Growth: 50.42%
Revenue Growth (this year): 24.63% Revenue Growth (next year): 5.76%

MLCO Daily Stock ML Predictions

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