Melco Resorts & Entertainment Limited (NASDAQ:MLCO – Free Report) – Equities research analysts at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for Melco Resorts & Entertainment in a research note issued to investors on Friday, February 28th. Seaport Res Ptn analyst V. Umansky expects that the company will post earnings of $0.05 per share for the quarter. The consensus estimate for Melco Resorts & Entertainment’s current full-year earnings is $0.16 per share. Seaport Res Ptn also issued estimates for Melco Resorts & Entertainment’s Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.34 EPS and FY2027 earnings at $0.77 EPS.
A number of other brokerages also recently issued reports on MLCO. Susquehanna reduced their price objective on shares of Melco Resorts & Entertainment from $10.00 to $9.00 and set a “positive” rating for the company in a research report on Monday, February 3rd. Morgan Stanley upgraded shares of Melco Resorts & Entertainment from an “equal weight” rating to an “overweight” rating and decreased their price objective for the stock from $7.50 to $6.70 in a report on Monday. Finally, Citigroup lowered Melco Resorts & Entertainment from a “buy” rating to a “neutral” rating and lowered their target price for the company from $10.00 to $6.00 in a research note on Monday, February 10th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $7.24.
Melco Resorts & Entertainment Price Performance
MLCO opened at $5.65 on Monday. The firm’s fifty day moving average price is $5.70 and its two-hundred day moving average price is $6.18. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of -25.68, a P/E/G ratio of 0.63 and a beta of 1.04. Melco Resorts & Entertainment has a 1 year low of $4.78 and a 1 year high of $8.90.
Institutional Trading of Melco Resorts & Entertainment
Institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its position in shares of Melco Resorts & Entertainment by 140.7% in the fourth quarter. GAMMA Investing LLC now owns 7,533 shares of the company’s stock valued at $44,000 after acquiring an additional 4,403 shares during the period. Patriot Financial Group Insurance Agency LLC bought a new position in shares of Melco Resorts & Entertainment in the fourth quarter worth $58,000. Empirical Asset Management LLC purchased a new stake in shares of Melco Resorts & Entertainment in the fourth quarter worth $73,000. Creative Planning boosted its stake in Melco Resorts & Entertainment by 35.9% during the third quarter. Creative Planning now owns 15,962 shares of the company’s stock valued at $124,000 after buying an additional 4,220 shares during the period. Finally, Vident Advisory LLC bought a new position in Melco Resorts & Entertainment in the 4th quarter worth about $142,000. Hedge funds and other institutional investors own 39.62% of the company’s stock.
Melco Resorts & Entertainment Company Profile
Melco Resorts & Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 800 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 30 restaurants and bars, and 150 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities.
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