Melco Resorts & Entertainment (MLCO) Projected to Post Earnings on Thursday

Melco Resorts & Entertainment (NASDAQ:MLCO) will likely be issuing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Melco Resorts & Entertainment to post earnings of $0.06 per share and revenue of $1.2634 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 20, 2026 at 12:30 PM ET.

Melco Resorts & Entertainment Trading Up 0.4%

Shares of MLCO stock opened at $5.64 on Wednesday. Melco Resorts & Entertainment has a 1 year low of $5.07 and a 1 year high of $10.15. The firm’s 50 day moving average is $5.47 and its 200-day moving average is $5.71. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of 9.72, a PEG ratio of 3.51 and a beta of 0.59.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on MLCO shares. Wall Street Zen cut shares of Melco Resorts & Entertainment from a “buy” rating to a “hold” rating in a research report on Sunday, June 28th. Citigroup decreased their price objective on Melco Resorts & Entertainment from $10.50 to $9.40 and set a “buy” rating on the stock in a research report on Friday, July 10th. Morgan Stanley cut Melco Resorts & Entertainment from an “overweight” rating to a “negative” rating in a research note on Monday, June 22nd. JPMorgan Chase & Co. dropped their target price on Melco Resorts & Entertainment from $6.00 to $5.70 and set a “neutral” rating for the company in a research report on Thursday, July 16th. Finally, CLSA raised Melco Resorts & Entertainment from a “hold” rating to an “outperform” rating and cut their price target for the company from $6.10 to $6.00 in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Melco Resorts & Entertainment currently has a consensus rating of “Moderate Buy” and an average target price of $7.77.

Institutional Investors Weigh In On Melco Resorts & Entertainment

A number of institutional investors have recently made changes to their positions in MLCO. Invesco Ltd. lifted its stake in Melco Resorts & Entertainment by 20.7% in the fourth quarter. Invesco Ltd. now owns 34,011 shares of the company’s stock valued at $257,000 after buying an additional 5,840 shares during the period. Mackenzie Financial Corp grew its position in shares of Melco Resorts & Entertainment by 13.1% during the 4th quarter. Mackenzie Financial Corp now owns 64,404 shares of the company’s stock worth $489,000 after buying an additional 7,438 shares during the period. Numerai GP LLC grew its position in shares of Melco Resorts & Entertainment by 162.3% during the 4th quarter. Numerai GP LLC now owns 111,833 shares of the company’s stock worth $847,000 after buying an additional 69,201 shares during the period. Millennium Management LLC grew its position in shares of Melco Resorts & Entertainment by 583.0% during the 4th quarter. Millennium Management LLC now owns 188,280 shares of the company’s stock worth $1,425,000 after buying an additional 160,715 shares during the period. Finally, Capitolis Liquid Global Markets LLC bought a new stake in shares of Melco Resorts & Entertainment in the 4th quarter valued at about $9,205,000. 39.62% of the stock is owned by institutional investors and hedge funds.

Melco Resorts & Entertainment Company Profile

Melco Resorts & Entertainment Limited (NASDAQ: MLCO) is a developer, owner and operator of integrated resort destinations in Asia and Europe. The company’s portfolio spans casino gaming, hotel accommodations, retail, dining and entertainment facilities. Melco’s properties feature a mix of luxury hotels, award-winning restaurants, high-limit gaming salons and entertainment venues, catering to a broad range of leisure and business travelers.

In Macau, Melco owns and operates flagship properties including City of Dreams Macau, Altira Macau and Studio City.