What is Seaport Res Ptn’s Estimate for MLCO Q2 Earnings?

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) – Equities researchers at Seaport Res Ptn dropped their Q2 2025 earnings per share estimates for Melco Resorts & Entertainment in a report released on Tuesday, April 22nd. Seaport Res Ptn analyst V. Umansky now forecasts that the company will post earnings of ($0.01) per share for the quarter, down from their previous estimate of $0.07. 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 FY2025 earnings at $0.14 EPS, FY2026 earnings at $0.26 EPS and FY2027 earnings at $0.47 EPS.

A number of other equities research analysts have also recently weighed in on the stock. Susquehanna cut 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 research note on Monday, February 3rd. Morgan Stanley upgraded shares of Melco Resorts & Entertainment from an “equal weight” rating to an “overweight” rating and decreased their price objective for the company from $7.50 to $6.70 in a report on Monday, March 3rd. Finally, Citigroup raised Melco Resorts & Entertainment from a “neutral” rating to a “buy” rating and set a $6.25 target price on the stock in a report on Thursday, April 10th. 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 currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.29.

Melco Resorts & Entertainment Price Performance

Shares of Melco Resorts & Entertainment stock opened at $5.10 on Thursday. Melco Resorts & Entertainment has a 1-year low of $4.55 and a 1-year high of $8.90. The business’s fifty day moving average price is $5.36 and its two-hundred day moving average price is $5.95. The company has a market capitalization of $2.17 billion, a P/E ratio of -23.18, a PEG ratio of 0.63 and a beta of 0.87.

Institutional Trading of Melco Resorts & Entertainment

A number of hedge funds and other institutional investors have recently made changes to their positions in MLCO. GAMMA Investing LLC increased its holdings in shares of Melco Resorts & Entertainment by 140.7% in the fourth quarter. GAMMA Investing LLC now owns 7,533 shares of the company’s stock valued at $44,000 after buying 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 during the fourth quarter worth $58,000. Empirical Asset Management LLC purchased a new stake in shares of Melco Resorts & Entertainment during the fourth quarter valued at $73,000. Vident Advisory LLC acquired a new position in shares of Melco Resorts & Entertainment in the 4th quarter valued at $142,000. Finally, Wealthspire Advisors LLC purchased a new position in Melco Resorts & Entertainment in the 4th quarter worth about $145,000. 39.62% of the stock is currently owned by institutional investors.

About Melco Resorts & Entertainment

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.