as 11-15-2024 4:00pm EST
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 |
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% |
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