Melco Resorts & Entertainment (MLCO) Expected to Release Quarterly Earnings on Thursday

Posted by Brenda Bartman on Jul 28th, 2026

Melco Resorts & Entertainment (NASDAQ:MLCO – Get Free Report) is anticipated to issue its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $1.2634 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 20, 2026 at 12:30 PM ET.

Melco Resorts & Entertainment Stock Up 3.9%

Melco Resorts & Entertainment stock opened at $5.62 on Tuesday. The business’s 50-day simple moving average is $5.47 and its 200 day simple moving average is $5.72. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 9.69, a P/E/G ratio of 3.38 and a beta of 0.59. Melco Resorts & Entertainment has a 12-month low of $5.07 and a 12-month high of $10.15.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in Melco Resorts & Entertainment by 11.1% in the first quarter. Royal Bank of Canada now owns 180,161 shares of the company’s stock worth $949,000 after purchasing an additional 18,010 shares during the period. Millennium Management LLC grew its holdings in shares of Melco Resorts & Entertainment by 69.3% in the 1st quarter. Millennium Management LLC now owns 1,915,978 shares of the company’s stock valued at $10,097,000 after buying an additional 784,403 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Melco Resorts & Entertainment by 16.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,015,200 shares of the company’s stock valued at $31,700,000 after buying an additional 846,504 shares in the last quarter. Geode Capital Management LLC raised its stake in Melco Resorts & Entertainment by 5.8% during the 2nd quarter. Geode Capital Management LLC now owns 369,491 shares of the company’s stock worth $2,669,000 after buying an additional 20,165 shares during the period. Finally, Creative Planning lifted its holdings in Melco Resorts & Entertainment by 67.4% during the second quarter. Creative Planning now owns 17,981 shares of the company’s stock worth $130,000 after acquiring an additional 7,239 shares in the last quarter. Institutional investors and hedge funds own 39.62% of the company’s stock.

Analyst Ratings Changes

MLCO has been the topic of a number of research reports. CICC Research upgraded shares of Melco Resorts & Entertainment to an “outperform” rating in a research report on Sunday, April 19th. Morgan Stanley downgraded shares of Melco Resorts & Entertainment from an “overweight” rating to a “negative” rating in a research note on Monday, June 22nd. Wall Street Zen lowered shares of Melco Resorts & Entertainment from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. Citigroup reduced their price objective on shares of Melco Resorts & Entertainment from $10.50 to $9.40 and set a “buy” rating on the stock in a research note on Friday, July 10th. Finally, CLSA raised shares of Melco Resorts & Entertainment from a “hold” rating to an “outperform” rating and lowered their target price for the stock from $6.10 to $6.00 in a report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Melco Resorts & Entertainment presently has an average rating of “Moderate Buy” and a consensus price target of $7.77.

Get Our Latest Research Report on Melco Resorts & Entertainment

About Melco Resorts & Entertainment

(Get Free Report)

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.