Does Melco Resorts (MLCO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Melco (MLCO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Melco Resorts & Entertainment Limited (MLCO) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, MLCO's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
![]() MLCO 28 Feb 2020 Paid | Quarterly | $0.17 Per Share |
![]() MLCO 8 Nov 2019 Paid | Quarterly | $0.17 Per Share |
![]() MLCO 2 Aug 2019 Paid | Quarterly | $0.17 Per Share |
![]() MLCO 17 May 2019 Paid | Quarterly | $0.15 Per Share |
![]() MLCO 1 Mar 2019 Paid | Quarterly | $0.15 Per Share |
13 Aug 2025 (In 1 month) Date | | 0.09 Cons. EPS | - EPS |
8 May 2025 Date | | 0.04 Cons. EPS | 0.08 EPS |
27 Feb 2025 Date | | 0.02 Cons. EPS | - EPS |
5 Nov 2024 Date | | 0.07 Cons. EPS | 0.06 EPS |
30 Jul 2024 Date | | 0.08 Cons. EPS | - EPS |
![]() MLCO 28 Feb 2020 Paid | Quarterly | $0.17 Per Share |
![]() MLCO 8 Nov 2019 Paid | Quarterly | $0.17 Per Share |
![]() MLCO 2 Aug 2019 Paid | Quarterly | $0.17 Per Share |
![]() MLCO 17 May 2019 Paid | Quarterly | $0.15 Per Share |
![]() MLCO 1 Mar 2019 Paid | Quarterly | $0.15 Per Share |
13 Aug 2025 (In 1 month) Date | | 0.09 Cons. EPS | - EPS |
8 May 2025 Date | | 0.04 Cons. EPS | 0.08 EPS |
27 Feb 2025 Date | | 0.02 Cons. EPS | - EPS |
5 Nov 2024 Date | | 0.07 Cons. EPS | 0.06 EPS |
30 Jul 2024 Date | | 0.08 Cons. EPS | - EPS |
Gambling, Resorts & Casinos Industry | Consumer Cyclical Sector | Yau Lung Ho CEO | XBER Exchange | US5854641009 ISIN |
HK Country | 21,784 Employees | - Last Dividend | - Last Split | 19 Dec 2006 IPO Date |
Melco Resorts & Entertainment Limited is a leading company specializing in the development, ownership, and operation of premium casino gaming and resort facilities across Asia and Europe. Initially known as Melco Crown Entertainment Limited until April 2017, it underwent a name change to better reflect its broadened scope and ambition in the entertainment and leisure industry. Incorporated in 2004 and operating under the larger umbrella of Melco Leisure and Entertainment Group Limited, its headquarters are strategically based in Central, Hong Kong. The company spearheads innovative and integrated resort experiences, offering a blend of entertainment, hospitality, and gaming facilities designed to cater to diverse audiences. Through its prestigious properties, Melco Resorts & Entertainment Limited aims to redefine luxury and entertainment, creating unparalleled experiences for its guests.
An iconic integrated casino resort in Asia, City of Dreams boasts a comprehensive array of facilities including numerous gaming tables and machines. Beyond its gaming allure, it features luxurious suites and villas, an array of dining options spanning restaurants and bars, extensive retail outlets, and a unique wet stage performance theater. For leisure and recreation, patrons can access health and fitness clubs, swimming pools, spa and salon services, and spacious banquet and meeting facilities.
Known for its focus on a more personalized gaming experience, Altira Macau is a deluxe casino hotel offering not just gaming tables and machines, but also exquisite hotel rooms. The property caters to guests looking for an exclusive escape, complete with dining venues ranging from fine to casual, along with comprehensive recreation and leisure facilities and a variety of non-gaming amenities to ensure a well-rounded visit.
A cinematically themed integrated resort, Studio City stands out in Cotai, Macau for its entertainment-centric approach. The resort seamlessly integrates gaming facilities with a hotel, captivating entertainment options, a diverse retail experience, and a wide array of food and beverage outlets, encapsulating the essence of a blockbuster experience.
Operating across various locations, Mocha Clubs distinguishes itself by focusing on gaming machine entertainment. These clubs offer a modern and casual gaming atmosphere, catering to a diverse group of gamers seeking electronic gaming experiences in a relaxed and inviting environment.
Located in Taipa Island, Macau, the Grand Dragon Casino combines gaming excitement with hospitality, offering gaming tables and machines amidst a range of dining and leisure options.
In the heart of the Entertainment City complex in Manila, City of Dreams Manila is an integrated resort that marks Melco’s venture in the Philippines. It includes gaming facilities, diverse dining options, retail, entertainment, and luxurious hotel accommodations, providing a holistic and vibrant leisure and entertainment offering.
Melco Resorts & Entertainment Limited extends its global footprint to Cyprus, managing a main casino in Limassol and satellite casinos in Nicosia, Ayia Napa, and Paphos. These venues offer a local flavor of gaming and entertainment, combined with hospitality services. Additionally, the company is developing City of Dreams Mediterranean, poised to be a landmark integrated casino resort in Cyprus, embodying the company’s dedication to bringing premier entertainment experiences to a global audience.