Seaport Res Ptn Has Negative Outlook of MLCO Q2 Earnings

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) – Seaport Res Ptn decreased their Q2 2025 earnings per share estimates for Melco Resorts & Entertainment in a report released on Tuesday, April 22nd. Seaport Res Ptn analyst V. Umansky now expects that the company will post earnings of ($0.01) per share for the quarter, down from their prior estimate of $0.07. 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 FY2025 earnings at $0.14 EPS, FY2026 earnings at $0.26 EPS and FY2027 earnings at $0.47 EPS.

Other analysts also recently issued reports about the stock. Susquehanna cut their price objective on shares of Melco Resorts & Entertainment from $10.00 to $9.00 and set a “positive” rating on the stock in a research report on Monday, February 3rd. Citigroup upgraded shares of Melco Resorts & Entertainment from a “neutral” rating to a “buy” rating and set a $6.25 price target on the stock in a report on Thursday, April 10th. Finally, Morgan Stanley raised shares of Melco Resorts & Entertainment from an “equal weight” rating to an “overweight” rating and reduced their price target for the company from $7.50 to $6.70 in a research report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $7.29.

Melco Resorts & Entertainment Stock Performance

NASDAQ MLCO opened at $5.10 on Thursday. Melco Resorts & Entertainment has a 12 month low of $4.55 and a 12 month high of $8.90. The stock’s fifty day moving average price is $5.33 and its 200-day moving average price is $5.93. The stock has a market cap of $2.17 billion, a P/E ratio of -23.18, a P/E/G ratio of 0.63 and a beta of 0.87.

Hedge Funds Weigh In On Melco Resorts & Entertainment

Hedge funds and other institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC grew its stake 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 worth $44,000 after acquiring an additional 4,403 shares during the period. Patriot Financial Group Insurance Agency LLC purchased a new stake in Melco Resorts & Entertainment in the fourth quarter worth approximately $58,000. Empirical Asset Management LLC bought a new stake in Melco Resorts & Entertainment in the 4th quarter worth approximately $73,000. Vident Advisory LLC purchased a new stake in Melco Resorts & Entertainment during the 4th quarter valued at $142,000. Finally, Wealthspire Advisors LLC purchased a new stake in Melco Resorts & Entertainment during the 4th quarter valued at $145,000. 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.