Brokers Issue Forecasts for MLCO Q1 Earnings

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) – Research analysts at Seaport Res Ptn issued their Q1 2025 earnings per share estimates for Melco Resorts & Entertainment in a report issued on Friday, February 28th. Seaport Res Ptn analyst V. Umansky anticipates that the company will post earnings per share of $0.05 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.

Several other equities research analysts also recently issued reports on the stock. Morgan Stanley upgraded shares of Melco Resorts & Entertainment from an “equal weight” rating to an “overweight” rating and cut their price objective for the stock from $7.50 to $6.70 in a research report on Monday. Susquehanna decreased their target price 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. Finally, Citigroup cut shares of Melco Resorts & Entertainment from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $10.00 to $6.00 in a report on Monday, February 10th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Melco Resorts & Entertainment currently has a consensus rating of “Moderate Buy” and an average price target of $7.24.

Melco Resorts & Entertainment Stock Performance

MLCO opened at $5.65 on Monday. The stock’s fifty day simple moving average is $5.69 and its 200 day simple moving average is $6.18. Melco Resorts & Entertainment has a 1-year low of $4.78 and a 1-year high of $8.90. The stock has a market cap of $2.37 billion, a PE ratio of -25.68, a price-to-earnings-growth ratio of 0.63 and a beta of 1.04.

Institutional Investors Weigh In On Melco Resorts & Entertainment

Hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC grew its stake in shares of Melco Resorts & Entertainment by 140.7% during the fourth quarter. GAMMA Investing LLC now owns 7,533 shares of the company’s stock worth $44,000 after buying an additional 4,403 shares during the last quarter. Patriot Financial Group Insurance Agency LLC bought a new stake in Melco Resorts & Entertainment during the 4th quarter worth $58,000. Empirical Asset Management LLC acquired a new position in Melco Resorts & Entertainment in the 4th quarter worth about $73,000. Creative Planning boosted its stake in shares of 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 purchasing an additional 4,220 shares in the last quarter. Finally, Vident Advisory LLC bought a new stake in shares of Melco Resorts & Entertainment during the fourth quarter worth about $142,000. 39.62% of the stock is owned by institutional investors.

About Melco Resorts & Entertainment

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.