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Melco Resorts & Entertainment (MLCO) Stock Price & Analysis

MLCO Stock Chart & Stats

$3.94$0.10(2.60%)
At close: 4:00 PM EDT
$4$4.5$5$5.53 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$3.83 - $3.95
52-Week Range
$3.67 - $9.53
Previous Close
$3.84
Volume
1.44M
Average Volume (3M)
1.93M
Market Cap
$1.50B
Enterprise Value
$8.76B
Total Cash (Recent Filing)
$912.92M
Total Debt (Recent Filing)
$7.31B
Price to Earnings (P/E)
6.6
Beta
0.98
Next Earnings
Nov 04, 2026 (Est.)
EPS Estimate
-0.02
Last Dividend Ex-Date
Feb 28, 2020
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Operating Recovery

The post-pandemic recovery has translated into sustained revenue expansion and materially improved operating profitability. Higher scale across the resort portfolio supports stronger earnings capacity, while the 2025 EBITDA margin indicates that cost discipline is converting demand recovery into durable operating cash generation.

Stronger Cash Generation

Growing operating and free cash flow improves Melco’s ability to fund capital spending, service debt, and maintain resort assets without relying entirely on external financing. Free cash flow exceeding accounting earnings in 2024–2025 also supports the quality and durability of the reported recovery.

Regional Diversification

Growth in Manila and Cyprus provides earnings support beyond Macau and demonstrates that Melco has operating assets capable of expanding under different regional demand conditions. This diversification can reduce reliance on a single market and improve the portfolio’s long-term resilience.

Bears Say

High Leverage And Negative Equity

The combination of very high debt and negative shareholders’ equity materially limits financial flexibility. It leaves more cash flow committed to financing obligations, increases sensitivity to earnings volatility and refinancing conditions, and can constrain investment or shareholder returns when operating conditions weaken.

Macau Operating Weakness

Macau remains the company’s core operating market, so weaker rolling-chip, mass-market, table-game and non-gaming activity has an outsized effect on consolidated results. Continued softness would pressure utilization, margins and cash generation even if other regional properties remain resilient.

Competitive And Margin Pressure

Elevated competition can require sustained spending and targeted cost actions to protect visitation and guest experience, while lower hold and weaker traffic directly reduce operating leverage. These pressures make margin recovery less certain and can keep earnings volatile over the next several quarters.

Melco Resorts & Entertainment News

MLCO FAQ

What was Melco Resorts & Entertainment’s price range in the past 12 months?
Melco Resorts & Entertainment lowest stock price was $3.67 and its highest was $9.53 in the past 12 months.
What is Melco Resorts & Entertainment’s market cap?
Melco Resorts & Entertainment’s market cap is $1.50B.
When is Melco Resorts & Entertainment’s upcoming earnings report date?
Melco Resorts & Entertainment’s next earnings report is estimated for Nov 04, 2026 (not yet confirmed), which is in 3 days.
How were Melco Resorts & Entertainment’s earnings last quarter?
Melco Resorts & Entertainment released its earnings results on Aug 13, 2026. The company reported $0.058 earnings per share for the quarter, missing the consensus estimate of $0.061 by -$0.003.
Is Melco Resorts & Entertainment overvalued?
According to Wall Street analysts Melco Resorts & Entertainment’s price is currently Undervalued.
Does Melco Resorts & Entertainment pay dividends?
Melco Resorts & Entertainment pays a Quarterly dividend of $0.165 which represents an annual dividend yield of ―. See more information on Melco Resorts & Entertainment dividends here
What is Melco Resorts & Entertainment’s EPS estimate?
Melco Resorts & Entertainment’s EPS estimate is -0.02.
How many shares outstanding does Melco Resorts & Entertainment have?
Melco Resorts & Entertainment has 406,792,000 shares outstanding.
What happened to Melco Resorts & Entertainment’s price movement after its last earnings report?
Melco Resorts & Entertainment reported an EPS of $0.058 in its last earnings report, missing expectations of $0.061. Following the earnings report the stock price went down -0.362%.
Which hedge fund is a major shareholder of Melco Resorts & Entertainment?
Hedge funds hold Melco Resorts & Entertainment shares: the largest hedge-fund position in Melco Resorts & Entertainment is 71,885,811 shares, and hedge funds increased their holdings by 2.2M shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology