Melco Resorts & Entertainment Limited (MLCO)
Consumer · NMS
Price as at 30 Sept 2026, 21:17 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Melco Resorts & Entertainment Limited trades at $4.48, which is 166% below the $11.90 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 34 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 9.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MLCO dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2020 | $0.165 | 1 |
| 2019 | $0.640 | 4 |
| 2018 | $0.560 | 4 |
| 2017 | $1.68 | 5 |
| 2016 | $0.723 | 4 |
| 2015 | $0.116 | 4 |
| 2014 | $0.623 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
MLCO earnings and analyst estimates
Recommendation mix, 12 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Melco Resorts & Entertainment Limited
Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally. It operates through City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations, and Corporate and Other segments. The company owns and operates City of Dreams, an integrated resort that has gaming tables and gaming machines; suites and villas; food and beverage outlets; retail outlets; a wet stage performance theater; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spas and salons, and banquet and meeting facilities in Cotai, Macau. It also operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau; and Altira Macau, an integrated resort, which offers gaming tables and gaming machines, hotel rooms, dining and casual restaurants, and recreation and leisure facilities in Taipa, Macau. In addition, the company owns and operates Mocha Clubs, which are clubs with gaming machines in Macau; City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; City of Dreams Mediterranean, an integrated resort in Limassol, Cyprus; and three satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus. Further, it is involved in the operation of the Sri Lanka Casino and management of Nüwa Sri Lanka located in City of Dreams Sri Lanka, as well as development projects in other countries. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. The company was founded in 2003 and is based in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
MLCO passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
10 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Ken Griffin, CITADEL ADVISORS LLC$61.17M · 0.0% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$47.40M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$23.72M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$17.44M · 0.0% of book
- Mason Hawkins, SOUTHEASTERN ASSET MANAGEMENT INC/TN/$8.47M · 0.4% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in MLCO
Trades in MLCO disclosed by members of Congress and executive-branch officials, latest first:
- Greg Gianforte · HouseBuy · $15,001 - $50,000 · traded 13 Nov 2020 · disclosed 2 Dec 2020
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
MLCO peers
The largest companies in the same industry (Resorts & Casinos), then in the same sector.
- RRR Red Rock Resorts, Inc.
- CZR Caesars Entertainment, Inc.
- MTN Vail Resorts, Inc.
- CPHC Canterbury Park Holding Corporation
- TBTC Table Trac, Inc.
- AMZN Amazon.com, Inc.
- TSLA Tesla, Inc.
- WMT Walmart Inc.
Every consumer company we cover is on the Consumer hub.
Common questions
Is Melco Resorts & Entertainment Limited (MLCO) undervalued?
Against our fair value estimate of $11.90, MLCO at $4.48 is 166% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own MLCO?
10 of the institutions we track reported a position in MLCO in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is MLCO's P/E ratio?
MLCO trades at 9.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Where does SteadyShares get its MLCO data?
Fundamentals for MLCO come from company filings and exchange data, as listed on NMS; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 21:17 UTC and is delayed. Our data quality score for this company is 75/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for MLCO, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.