Melco Resorts (Nasdaq: MLCO) boosts Q1 profit, launches $500M buyback
Melco Resorts & Entertainment Limited reported substantially improved unaudited first-quarter 2026 results, with total operating revenues increasing to US$1.37 billion and net income attributable to the company more than doubling to US$76.8 million, driven by strong mass market gaming performance in Macau. The company also announced a new US$500 million share repurchase program, effective April 30, 2026, and an agreement to acquire trademarks and related intellectual property from the Melco International group for US$375 million. Despite high leverage, Melco demonstrated strong operational momentum and capital allocation strategies.
MELCO INT'L DEV (00200.HK) Subsidiary Melco Resorts & Entertainment Limited (MLCO.US) 1Q Adjusted EBITDA Up 11.7% to USD381 million
Melco International Development's subsidiary, Melco Resorts & Entertainment Limited (MLCO.US), reported strong first-quarter results. The company's total operating revenues rose 11% year-over-year to USD1.37 billion, primarily driven by improved performance in the mass market segment. Net income surged by 136.3% to USD76.8 million, and adjusted property EBITDA increased by 11.7% to USD381 million.
MELCO INT'L DEV (00200.HK) Subsidiary Melco Resorts & Entertainment Limited (MLCO.US) 1Q Adjusted EBITDA Up 11.7% to USD381 million
Melco International Development (00200.HK) announced that its subsidiary Melco Resorts & Entertainment Limited (MLCO.US) reported a strong first quarter. Total operating revenues increased by 11% year-over-year to USD1.37 billion, primarily driven by improved performance in the mass market segment. Net income saw a significant jump of 136.3% to USD76.8 million, with adjusted property EBITDA rising 11.7% to USD381 million.
Melco Resorts & Entertainment (NasdaqGS:MLCO) Margin Rebound Tests Bullish Earnings Narratives
Melco Resorts & Entertainment (MLCO) is seeing a margin rebound, with net margins lifting to 3.6% from 0.9% a year earlier, and trailing EPS reaching US$0.46. While analysts anticipate further margin improvement, current profitability is still a distance from long-term goals. The article examines both the bullish case, driven by premium mass upgrades and new resorts, and the bearish case, highlighting the company's heavy balance sheet, negative shareholders' equity, and substantial debt.
Melco Resorts secures ownership of group trademarks via purchase of subsidiary from parent company
Melco Resorts & Entertainment has acquired MI IP Licensing Services 1 Limited from its parent company, Melco International Development Ltd, for US$375 million. This purchase grants Melco Resorts full control over the group's trademarks and intellectual property, streamlining its IP structure and offering flexibility for brand expansion. The transaction is expected to conclude on May 8, 2026.
US$375mln buy of Melco trademarks gives flexibility to expand brand: Lawrence Ho
Melco Resorts & Entertainment Ltd acquired the "Melco" and related trademarks for US$375 million from its parent company, granting it full control of the intellectual property for global brand expansion without additional costs. Chairman Lawrence Ho anticipates this will immediately increase the company's EBITDA and cash flow, contributing to their goal of resuming dividends by the end of 2026. The company is also positive about Macau's upcoming Labour Day holiday, predicting improved occupancy and player quality, and is progressing with the "REM" hotel tower and retail area enhancements at City of Dreams Macau.
Earnings call transcript: Melco Resorts sees revenue beat, EPS miss in Q1 2026
Melco Resorts & Entertainment Ltd (MLCO) reported mixed Q1 2026 results, with revenue of $1.36 billion beating forecasts but EPS of $0.07 missing expectations by 30%. Despite the EPS miss, investor sentiment was positive, leading to a 3.07% premarket stock increase, driven by strong revenue performance and the announcement of a new $500 million share repurchase program. The company also addressed increased operating expenses anticipated for Q3 2026 due to the opening of a new luxury hotel and discussed future plans for product and service enhancements.
Q1 2026 Melco Resorts & Entertainment Ltd Earnings Call Transcript
Melco Resorts & Entertainment Ltd (MLCO) reported a 12% year-over-year growth in group property EBITDA for Q1 2026 and announced a new luxury hotel, REM, at City of Dreams. The company also initiated a $500 million share repurchase program and acquired key trademarks from Melco International, despite facing challenges such as the Middle East conflict impacting Cyprus operations, IT issues delaying earnings release, and increased competitive pressures.
Melco Resorts (NASDAQ: MLCO) buys $375M IP unit from parent
Melco Resorts & Entertainment Limited (NASDAQ: MLCO) is acquiring MI IP Licensing Services 2 Limited, an intellectual property holding vehicle, from its parent company for US$375.0 million in an intra-group transaction. This deal transfers ownership of key trademarks like "Melco" and "Morpheus" used across its global gaming operations. The parent company, Melco International Development Limited, will use the proceeds to repay debt and improve its credit profile, while still indirectly maintaining a 56.32% interest in the trademarks through its shareholding in Melco Resorts.
Melco: Q1 Earnings Snapshot
Melco Resorts and Entertainment Ltd. (MLCO) reported first-quarter earnings of $76.8 million, or 20 cents per share, adjusted to 21 cents per share. The casino company's revenue for the period reached $1.37 billion. This financial data was generated by Automated Insights using information from Zacks Investment Research.
Melco: Q1 Earnings Snapshot
Melco Resorts and Entertainment Ltd. (MLCO) reported first-quarter earnings of $76.8 million, or 20 cents per share, which adjusted to 21 cents per share after non-recurring costs. The casino company recorded revenues of $1.37 billion for the period. This financial summary was generated using data from Zacks Investment Research.
Cash per share of Melco Resorts & Entertainment Ltd. Sponsored ADR – LSE:0A2P
The article provides information about the "Cash per share" metric for Melco Resorts & Entertainment Ltd. Sponsored ADR, traded on the London Stock Exchange under the symbol 0A2P. It indicates that the market is currently closed and no trades have occurred for this particular metric. The content appears to be a stub or an entry on a financial data platform like TradingView, lacking detailed financial figures in the provided snippet.
Melco posts Q1 results April 30, with an 8:30 a.m. ET call
Melco Resorts & Entertainment (Nasdaq: MLCO) will release its unaudited Q1 2026 financial results on April 30, 2026, followed by a conference call at 8:30 a.m. ET (8:30 p.m. Singapore Time). Investors need to register in advance for dial-in details. The company's stock is currently trading below its 200-day moving average and 52-week high, with previous similar announcements leading to modest negative reactions.
Coronation Fund Managers Ltd. Purchases 231,305 Shares of Melco Resorts & Entertainment Limited $MLCO
Coronation Fund Managers Ltd. increased its holdings in Melco Resorts & Entertainment Limited (NASDAQ:MLCO) by 231,305 shares in Q4, bringing their total to 8,335,219 shares valued at $63.1 million. This makes MLCO their 10th largest position, representing approximately 2.8% of their investment portfolio. Analysts have a "Moderate Buy" rating for MLCO with a consensus price target of $9.06, following recent upgrades from firms like Wall Street Zen, UBS, and Texas Capital.
Melco Resorts Finance (MLCO) swings to $286M profit on Macau rebound
Melco Resorts Finance (MLCO) announced a significant financial turnaround in 2025, reporting a net income of $286.2 million and a 12.8% increase in operating revenues to $4.51 billion, largely driven by a rebound in Macau's tourism and gaming sectors. The strong performance was attributed to improved rolling chip and mass market table games at City of Dreams and higher Studio City Casino revenues, as well as the relaunch of the House of Dancing Water show. Despite a reduction in total debt to $4.97 billion, the company still faces high leverage and ongoing asset impairments, particularly for Mocha Clubs and Altira Macau.
Melco Resorts and Entertainment Ltd (MEX:MLCON) Stock Price & 30 Year Financial Data
This article provides comprehensive 30-year financial data for Melco Resorts and Entertainment Ltd (MEX:MLCON), including growth rates for revenue, EPS, EBIT, EBITDA, and Free Cash Flow. It details the company's market capitalization, enterprise value, and various financial ratios. The data is presented with options for different time horizons and export functionalities, catering to investors and analysts using GuruFocus.com.
[6-K] Melco Resorts & Entertainment LTD Current Report (Foreign Issuer) | MLCO SEC Filing - Form 6-K
Melco Resorts & Entertainment Limited (MLCO) has filed a Form 6-K Current Report with the SEC, dated April 10, 2026. This report includes a notice of the company's Annual General Meeting from both the depositary and the registrant. The filing indicates the company's adherence to regulatory disclosure requirements for foreign issuers.
MLCO Financials: Revenue Breakdown, Margins & Competitor Comparison
This article analyzes the financial performance of Melco Resorts & Entertainment Ltd (MLCO), detailing its revenue streams, profitability, and market position. MLCO's primary revenue source is Macau-City of Dreams, contributing 65.1% of sales. The company exhibits a gross margin of 25.17%, an operating margin of 11.32%, and a net margin of 3.58%, with a market capitalization of $2.34B.
MLCO SEC Filings - Melco Resorts And Entmnt Ltd 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Melco Resorts & Entertainment Limited (MLCO) SEC filings, including 20-F annual reports, 6-K current reports, and other regulatory documents. It details the types of information found in these filings, such as financial results, property performance metrics, and financing activities. The platform also offers AI-powered tools to summarize key points and analyze sentiment from these public disclosures.
Melco (NASDAQ: MLCO) exec withholds 50,703 shares to cover taxes
Akiko Takahashi, an executive at Melco Resorts & Entertainment LTD (NASDAQ: MLCO), had 50,703 ordinary shares withheld on April 6, 2026, to cover tax obligations. This transaction was a tax-withholding disposition at $1.89 per share and not an open-market sale. Following this, Takahashi retains a significant stake in the company, holding 2,023,527 direct ordinary shares and 210,675 indirect shares as a trustee.
Melco Resorts (MLCO) CFO uses 115,677 shares for tax-withholding, retains 3.29M
Melco Resorts & Entertainment's CFO, Geoffrey Stuart Davis, reported a tax-withholding disposition of 115,677 ordinary shares on April 6, 2026, at $1.89 per share to cover tax obligations. This transaction was not an open-market sale but a delivery of securities. Following this, Davis still directly holds a substantial 3,286,191 ordinary shares in the company.
Melco Resorts & Entertainment (MLCO) officer logs 15,867-share tax withholding
Melco Resorts & Entertainment's Principal Accounting Officer, Amy L. Kuzdowicz, reported a tax-withholding disposition of 15,867 ordinary shares at $1.89 per share on April 6, 2026. This transaction was to cover tax liabilities rather than an open-market sale. Following this disposition, Kuzdowicz directly holds 217,602 ordinary shares in the company.
Melco Resorts (MLCO) CLO logs tax-withholding share disposition
Melco Resorts & Entertainment LTD's Chief Legal Officer, Winter Graham Paul, reported a tax-withholding disposition of 11,901 ordinary shares at $1.89 per share. This transaction, classified as an "F" code, covered tax obligations and was not an open-market sale. Following this, Paul directly holds 571,206 ordinary shares.
Melco Resorts (MLCO) president uses 91,830 shares to cover tax liability
Melco Resorts & Entertainment LTD President Evan Andrew Winkler reported a tax-related share disposition. He delivered 91,830 ordinary shares, valued at $1.89 per share, to fulfill tax obligations. This transaction is categorized as a routine compensation-related event and not an open-market sale, leaving him with 2,445,576 ordinary shares.
Melco (MLCO) accounting chief uses 20,265 shares for tax withholding
Melco Resorts & Entertainment LTD's principal accounting officer, Amy L. Kuzdowicz, reported a tax-related share disposition. She used 20,265 ordinary shares, valued at $1.89 per share, for tax withholding purposes. After this transaction, Kuzdowicz directly holds 233,469 ordinary shares.
Tax withholding trims Melco Resorts (MLCO) president's share holdings
Melco Resorts & Entertainment LTD President Evan Andrew Winkler reported a tax-related share disposition where 228,162 ordinary shares were delivered at $1.89 per share to satisfy tax obligations on April 2, 2026. This transaction was classified as a tax-withholding disposition, not an open-market sale. Following this, Winkler directly holds 2,537,406 ordinary shares in the company.
Melco Resorts (MLCO) officer delivers 32,619 shares to cover tax liability
Akiko Takahashi, an officer at Melco Resorts & Entertainment (MLCO), reported a tax-withholding disposition of 32,619 Ordinary shares at $1.89 per share. This transaction covered tax liabilities related to equity compensation and was not an open-market sale. Following this event, Takahashi directly holds 2,074,230 Ordinary shares and indirectly owns 210,675 Ordinary shares through a GRAT.
How Investors May Respond To Melco Resorts & Entertainment (MLCO) Liquidity Jitters Amid Premium Macau Push
Melco Resorts & Entertainment recently reported mixed Q4 2025 results, with revenue beating expectations but EPS falling short, raising concerns about liquidity and margins among major banks. Despite these concerns, Melco is pushing its premium Macau positioning with high-end non-gaming offerings. Investors are focused on whether Macau revenue can support reinvestment while addressing the company's substantial debt.
MLCO PE Ratio & Valuation, Is MLCO Overvalued
Melco Resorts & Entertainment Ltd (MLCO) is currently considered undervalued based on its forward P/S ratio of 0.41 compared to its five-year average of 11.42. Its fair price is estimated between $9.29 and $26.05, significantly higher than its current price of $5.68. Despite its robust revenue growth, MLCO's P/S ratio of 0.41 is notably lower than the competitor average of 1.53, suggesting a potential undervaluation in the market.
BofA cuts Melco Resorts stock price target on liquidity concerns
BofA Securities has lowered its price target for Melco Resorts & Entertainment Limited (NASDAQ:MLCO) to $6.50 from $7.90, maintaining a Neutral rating due to concerns over tightening global liquidity and negative wealth effects. While the firm observes a strong negative correlation between VIP GGR and the U.S. dollar index, it expects investors to favor operators with lower leverage and high dividend yields. This decision comes despite Melco's recent mixed Q4 2025 earnings, which saw revenue beat expectations but EPS fall short, and a recent upgrade to Buy from UBS, albeit with a slightly reduced price target.
10 Best Cheap Stocks Under $10 to Buy Now in April
This article identifies Melco Resorts & Entertainment Limited (NASDAQ: MLCO) as one of the best cheap stocks under $10 to buy in April. It highlights Morgan Stanley's revised price target and maintained Overweight rating for MLCO, and discusses the company's recent achievement of earning eight MICHELIN Stars for its Macau restaurants. Despite projecting near-term underperformance due to modest EBITDA growth, the recognition reinforces MLCO’s premium standing in the hospitality sector.
BofA cuts Melco Resorts stock price target on liquidity concerns
BofA Securities has lowered its price target on Melco Resorts & Entertainment Limited (NASDAQ:MLCO) to $6.50 from $7.90, maintaining a Neutral rating, citing concerns over tightening global liquidity and negative wealth effects. The analyst noted a strong negative correlation between VIP GGR and the U.S. dollar index. Despite the stock appearing undervalued by InvestingPro, the absence of a dividend payment could deter investors in a market preferring lower leverage and high dividend yield.
Melco Resorts (MLCO) files Form 144 to sell 390,000 shares via Citi
Melco Resorts and Entertainment Limited (MLCO) has filed a Form 144 to sell 390,000 ordinary shares through Citigroup Global Markets on NASDAQ. These shares are part of an issuer stock incentive plan, awarded on March 31, 2023, with the filing/transaction date being March 30, 2026. This filing indicates an intended sale and is considered a routine disclosure with minimal anticipated market impact.
CLSA Upgrades Melco Resorts & Entertainment Limited - Depositary Receipt () (MLCO)
This article reports that CLSA has upgraded Melco Resorts & Entertainment Limited (MLCO). The details of the upgrade and any new price targets or financial analyses are not provided in this snippet. Melco Resorts & Entertainment is a developer, owner, and operator of integrated resort facilities in Asia and Europe.
Implied Volatility Surging for Melco Resorts & Entertainment Stock Options
Implied volatility for Melco Resorts & Entertainment (MLCO) stock options is surging, particularly for the April 17, 2026 $1 Call, indicating market expectations of a significant price movement. While this suggests a potential trading opportunity, especially for selling premium, the company currently holds a Zacks Rank #4 (Sell) with analysts revising earnings estimates downward. Investors are advised to consider both the high implied volatility and the fundamental outlook.
Are Investors Undervaluing Melco Resorts & Entertainment Limited (MLCO) Right Now?
This article examines whether Melco Resorts & Entertainment Limited (MLCO) is currently undervalued by investors. It likely uses various financial metrics and valuation models to assess the stock's intrinsic value against its current market price. The analysis aims to provide insights into potential investment opportunities based on this valuation.
Melco Resorts & Entertainment (NASDAQ:MLCO) Stock Rating Lowered by Wall Street Zen
Wall Street Zen has downgraded Melco Resorts & Entertainment (NASDAQ:MLCO) from a "buy" to a "hold" rating, contributing to a mixed outlook among analysts. Despite this, the stock holds a "Moderate Buy" consensus rating with an average target price of $9.06. The company recently opened at $5.46, has a market cap of $2.13 billion, and a P/E of 11.87.
Hudson Bay Capital Management LP Has $7.78 Million Stake in Melco Resorts & Entertainment Limited $MLCO
Hudson Bay Capital Management LP significantly reduced its stake in Melco Resorts & Entertainment Limited (NASDAQ:MLCO) by 42.4%, selling over 620,000 shares but still maintaining a holding worth $7.78 million. Other institutional investors have shown mixed activity in MLCO shares. Melco Resorts currently trades at $5.46, has a market cap of $2.13 billion, and analysts have a "Moderate Buy" consensus rating with an average price target of $9.06.
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Given Average Recommendation of "Moderate Buy" by Brokerages
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) has received an average "Moderate Buy" recommendation from brokerages, with a consensus 1-year target price of $9.06. Institutional investors have significantly increased their positions in the company, with hedge funds and institutions now owning 39.62% of the stock. MLCO shares are currently trading around $5.46, suggesting potential upside to the analyst target.
Melco Resorts & Entertainment Achieves Eight MICHELIN Stars at MICHELIN Guide Hong Kong & Macau 2026
Melco Resorts & Entertainment secured eight MICHELIN Stars across five of its restaurants in the MICHELIN Guide Hong Kong & Macau 2026, reinforcing its leading position in fine dining. City of Dreams, a Melco property, was particularly celebrated as Macau's top gastronomic destination with six MICHELIN Stars, including Jade Dragon which retained its Three MICHELIN Star status for the eighth consecutive year. Chairman & CEO Lawrence Ho expressed pride in the culinary team's excellence and commitment to enhancing Macau's reputation as a UNESCO Creative City of Gastronomy.
MLCO SEC Filings - Melco Resorts And Entmnt Ltd 10-K, 10-Q, 8-K Forms
This page provides access to Melco Resorts & Entertainment Limited (MLCO) SEC filings, including annual 20-F reports, quarterly 6-K reports, and materials related to financing and corporate developments. It details the types of financial insights available in these documents, such as operating revenues, EBITDA, and capital expenditures. The page also features an AI-powered tool to summarize key points and highlight trends within the filings.
Melco achieves top result in MICHELIN Guide Hong Kong & Macau 2026
Melco Resorts & Entertainment has once again been recognized as a global leader in fine dining, leading Macau with eight MICHELIN Stars across five of its restaurants in the MICHELIN Guide Hong Kong & Macau 2026. City of Dreams proudly holds six of these stars, making it Macau's premier gastronomic destination. Chairman & CEO Mr. Lawrence Ho emphasized the culinary teams' dedication to quality and reaffirmed Melco's commitment to supporting Macau's development as a UNESCO Creative City of Gastronomy.
Melco Resorts (MLCO) CFO discloses 3.5M-share stake with major restricted awards
Melco Resorts & Entertainment Limited's CFO, Geoffrey Stuart Davis, reported an initial beneficial ownership of 3,504,507 ordinary shares in the company, as detailed in a Form 3 SEC filing. This stake includes 1,379,130 restricted shares granted under the company's 2021 Share Incentive Plan, which vest over time and are contingent on his continued service. The filing establishes his equity position as an insider, with a significant portion tied to future performance and tenure.
Melco Resorts' New Hotel Project REM Set to Launch in 2H26
Melco Resorts & Entertainment has announced that its new luxury hotel project, REM, located at City of Dreams Macau, is scheduled for trial operations and official opening in the second half of 2026. The project, formerly The Countdown Hotel, aims to offer a refined "contemporary luxury" experience with around 330 rooms, focusing on luxurious suites, artistic design, and innovative services.
[Form 3] Melco Resorts & Entertainment LTD Initial Statement of Beneficial Ownership
Thomas Jefferson Wu, a director at Melco Resorts & Entertainment Ltd, has filed an initial statement of beneficial ownership (Form 3) due to his role as a director, indicating direct ownership of 798,573 ordinary shares. This includes 136,230 restricted shares granted under the company's 2021 Share Incentive Plan, which will vest over time contingent on continued service. The filing states his relationship to the issuer as a Director and specifies the date of event requiring the statement as March 17, 2026.
Melco Resorts (NASDAQ: MLCO) president reports 2.77M shares and 1.12M options
Melco Resorts & Entertainment Limited President Evan Andrew Winkler has reported his equity holdings, detailing ownership of 2,765,568 ordinary shares and options to acquire an additional 1,122,264 shares. These options have an exercise price of $2.52 per share and expire on April 2, 2034. The filing also clarifies that 1,593,933 of his directly held shares are restricted and vest over time based on continued service, with some options already vested and others vesting by April 3, 2027.
Melco Resorts (MLCO) director TSUI YIU WA ALEC reports 585,093 shares on Form 3
Melco Resorts & Entertainment LTD director TSUI YIU WA ALEC has filed an initial ownership report on Form 3, disclosing a direct equity stake of 585,093 ordinary shares in the company. This total includes 136,230 restricted shares granted under the company’s 2021 Share Incentive Plan, which are subject to vesting based on continued service and other conditions. The filing indicates a neutral impact and sentiment, establishing his initial position without reporting any recent buy or sell transactions.
Melco Resorts (MLCO) Chief Legal Officer discloses 600,117 shares held
Melco Resorts & Entertainment Limited's Chief Legal Officer, Graham Paul Winter, has filed an initial ownership report on Form 3, disclosing beneficial ownership of 600,117 ordinary shares. This total includes 511,383 restricted shares granted under the company’s 2021 Share Incentive Plan, which vest over time contingent on continued service. The filing clarifies that this is an initial ownership statement, not a share purchase or sale report.
Melco Resorts (MLCO) executive details large share and option holdings
Melco Resorts & Entertainment Limited executive Akiko Takahashi has filed an initial ownership report (Form 3) detailing significant equity and option holdings in the company. She directly holds over 2.1 million ordinary shares, including restricted shares, and indirectly holds an additional 210,675 shares as trustee. The filing also reveals multiple option grants with varying exercise prices, expiration dates, and vesting schedules, some of which are already fully vested while others will vest in tranches through 2028.
UBS Favors Melco Resorts & Entertainment/ SANDS CHINA LTD, Still Bullish on MO Gambling Sector
UBS maintains a bullish outlook on Macau's gambling sector, despite the Macau Gross Gaming Revenue (GGR) averaging MOP700 million per day, consistent with the prior week. The average daily GGR is up 11% year-on-year but down 5% month-on-month. The firm has identified Melco Resorts & Entertainment (MLCO.US) and SANDS CHINA LTD (01928.HK) as its top picks, projecting a 9% year-on-year increase for March's GGR.
