Seaport Res Ptn Issues Negative Outlook for MLCO Earnings

Melco Resorts & Entertainment Limited (NASDAQ:MLCO - Free Report) - Equities researchers at Seaport Res Ptn lowered their Q3 2025 EPS estimates for Melco Resorts & Entertainment in a research note issued to investors on Tuesday, April 22nd. Seaport Res Ptn analyst V. Umansky now forecasts that the company will earn $0.04 per share for the quarter, down from their prior estimate of $0.09. 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 $0.06 EPS.

MLCO has been the subject of several other reports. Citigroup raised shares of Melco Resorts & Entertainment from a "neutral" rating to a "buy" rating and set a $6.25 price objective for the company in a report on Thursday, April 10th. Susquehanna dropped 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 report on Monday, February 3rd. Finally, Morgan Stanley upgraded Melco Resorts & Entertainment from an "equal weight" rating to an "overweight" rating and lowered their price target for the company from $7.50 to $6.70 in a research note on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $7.29.

Melco Resorts & Entertainment Stock Performance

NASDAQ:MLCO opened at $4.82 on Wednesday. Melco Resorts & Entertainment has a 52 week low of $4.55 and a 52 week high of $8.90. The stock's 50 day moving average price is $5.41 and its 200 day moving average price is $5.98. The company has a market capitalization of $2.05 billion, a P/E ratio of -21.91, a P/E/G ratio of 0.63 and a beta of 0.87.

Hedge Funds Weigh In On Melco Resorts & Entertainment

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in Melco Resorts & Entertainment by 140.7% during the 4th quarter. GAMMA Investing LLC now owns 7,533 shares of the company's stock valued at $44,000 after purchasing an additional 4,403 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of Melco Resorts & Entertainment in the fourth quarter valued at approximately $58,000. Empirical Asset Management LLC acquired a new position in Melco Resorts & Entertainment during the 4th quarter worth $73,000. Vident Advisory LLC bought a new position in Melco Resorts & Entertainment in the 4th quarter valued at $142,000. Finally, Wealthspire Advisors LLC bought a new stake in shares of Melco Resorts & Entertainment during the fourth quarter worth $145,000. 39.62% of the stock is currently owned by institutional investors and hedge funds.

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.

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