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Buy Melco Resorts & Entertainment Stocks

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Are you looking to buy Melco Resorts & Entertainment stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NASDAQ:MLCO! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Melco Resorts & Entertainment stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.

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. The company also operates Altira Macau, a casino hotel, which has approximately 112 gaming tables and 56 gaming machines; 230 hotel rooms; various fine dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically-themed integrated entertainment, retail, and gaming resort that comprises 280 gaming tables and 980 gaming machines in Cotai, Macau. Further, the company owns and operates 7 Mocha Clubs with 1,034 gaming machines, as well as Taipa Square casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, a casino, hotel, retail, and entertainment integrated resort in the Entertainment City complex in Manila. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. Melco Resorts & Entertainment Limited was incorporated in 2004 and is based in Central, Hong Kong. As of February 16, 2017, Melco Resorts & Entertainment Limited operates as a subsidiary of Melco Leisure and Entertainment Group Limited.

Average volume

2.47 million shs

MARKET CAP

$8.06 billion

Stock exchange

NASDAQ

Buy this stock!

How to buy Melco Resorts & Entertainment stocks?

Below is a quick guide on how to buy NASDAQ:MLCO stocks safe, fast and around the world in less than five minutes.

Step 1: Open an account with eToro – eToro is the best broker to buy Melco Resorts & Entertainment shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.

Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.

Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.

Step 4: Buy Melco Resorts & Entertainment – Search for “”NASDAQ:MLCO”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Melco Resorts & Entertainment stocks with 0% commission!.

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Is Melco Resorts & Entertainment a buy right now?

10 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Melco Resorts & Entertainment in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” Melco Resorts & Entertainment stock.

What stocks does BAMagazine like better than Melco Resorts & Entertainment?

Wall Street analysts have given Melco Resorts & Entertainment a “Buy” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Melco Resorts & Entertainment wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.

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How to buy Melco Resorts & Entertainment stocks step by step guide

It can be difficult to navigate through all the outdated and incorrect information related to purchasing NASDAQ:MLCO stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Melco Resorts & Entertainment stocks with a step by step approach.

Step 1: Open an Account with a Broker

You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Melco Resorts & Entertainment stocks with 0% comission, to sign up just click on open account in the following table or compare other options.

Step 2: Verify your Account

Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).

Step 3: Fund your eToro Account

Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.

Step 4: Search for Melco Resorts & Entertainment stocks

Now that you’ve funded your eToro account, just type “NASDAQ:MLCO stocksinto the search bar at the top of the screen and press “trade”.

Step 5: Buy NASDAQ:MLCO

All that’s left is to buy some NASDAQ:MLCO stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.

How And Where To Buy Stocks Conclusion

All in all, NASDAQ:MLCO is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Melco Resorts & Entertainment stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.

When is Melco Resorts & Entertainment’s next earnings date?

Melco Resorts & Entertainment is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Melco Resorts & Entertainment.

How were Melco Resorts & Entertainment’s earnings last quarter?

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) announced its quarterly earnings data on Thursday, August, 20th. The company reported ($0.77) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($1.15) by $0.38. The firm earned $175.80 million during the quarter, compared to analyst estimates of $187.31 million. Melco Resorts & Entertainment had a negative net margin of 37.56% and a negative trailing twelve-month return on equity of 45.84%. Melco Resorts & Entertainment’s revenue for the quarter was down 88.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 EPS.
View Melco Resorts & Entertainment’s earnings history.

How has Melco Resorts & Entertainment’s stock been impacted by Coronavirus (COVID-19)?

Melco Resorts & Entertainment’s stock was trading at $15.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MLCO shares have increased by 12.8% and is now trading at $17.42.

How often does Melco Resorts & Entertainment pay dividends? What is the dividend yield for Melco Resorts & Entertainment?

Melco Resorts & Entertainment announced a quarterly dividend on Friday, February 21st. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.1651 per share on Thursday, March 12th. This represents a $0.66 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date is Friday, February 28th. This is a positive change from Melco Resorts & Entertainment’s previous quarterly dividend of $0.17.
View Melco Resorts & Entertainment’s dividend history.

Where to Buy Melco Resorts & Entertainment Stocks Broker Reviews

Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NASDAQ:MLCO stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./

  • eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.

Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.

Excellent for both new and experienced traders

eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.

Is Melco Resorts & Entertainment a good dividend stock?

Melco Resorts & Entertainment pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.92%. The dividend payout ratio of Melco Resorts & Entertainment is 17.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Melco Resorts & Entertainment will have a dividend payout ratio of 1,600.00% in the coming year. This indicates that Melco Resorts & Entertainment may not be able to sustain their current dividend.
View Melco Resorts & Entertainment’s dividend history.

What price target have analysts set for MLCO?

10 equities research analysts have issued 12 month target prices for Melco Resorts & Entertainment’s stock. Their forecasts range from $14.00 to $30.00. On average, they anticipate Melco Resorts & Entertainment’s stock price to reach $22.23 in the next twelve months. This suggests a possible upside of 27.6% from the stock’s current price.
View analysts’ price targets for Melco Resorts & Entertainment or view top-rated stocks among Wall Street analysts.

Who are Melco Resorts & Entertainment’s key executives?

Melco Resorts & Entertainment’s management team includes the following people:
Mr. Yau Lung Ho, Chairman and Chief Exec. Officer (Age 41)
Mr. Geoffrey Stuart Davis CFA, CFO, Exec. VP & Treasurer (Age 49)
Mr. Ross Dunwoody, VP of Investor Relations
Ms. Stephanie Cheung, Chief Legal Officer, Exec. VP and Company Sec. (Age 56)
Ms. Leanne Palmer, VP of Financial Compliance

Who are some of Melco Resorts & Entertainment’s key competitors?

Some companies that are related to Melco Resorts & Entertainment include Hilton Worldwide (HLT), Penn National Gaming (PENN), Caesars Entertainment (CZR), MGM Resorts International (MGM), Huazhu Group (HTHT), InterContinental Hotels Group (IHG), Wynn Resorts (WYNN), Hyatt Hotels (H), Choice Hotels International (CHH), Boyd Gaming (BYD), Wyndham Hotels & Resorts (WH), Wyndham Destinations (WYND), Park Hotels & Resorts (PK), Red Rock Resorts (RRR) and Extended Stay America (STAY).
View all of MLCO’s competitors.

What other stocks do shareholders of Melco Resorts & Entertainment own?

Based on aggregate information from BAMagazine watchlists, some companies that other Melco Resorts & Entertainment investors own include Las Vegas Sands (LVS), Alibaba Group (BABA), MGM Resorts International (MGM), Micron Technology (MU), Wynn Resorts (WYNN), NVIDIA (NVDA), JD.com (JD), Tesla (TSLA), Twitter (TWTR) and Intel (INTC).

What is Melco Resorts & Entertainment’s stock symbol?

Melco Resorts & Entertainment trades on the NASDAQ under the ticker symbol “MLCO.”

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Minimal deposit
$50
Exclusive promotion
Our score
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Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.

Who are Melco Resorts & Entertainment’s major shareholders?

Melco Resorts & Entertainment’s stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (2.53%), ARGA Investment Management LP (0.64%), Todd Asset Management LLC (0.19%), Swiss National Bank (0.18%), Sumitomo Mitsui Trust Holdings Inc. (0.13%) and California Public Employees Retirement System (0.11%).

Which institutional investors are selling Melco Resorts & Entertainment stock?

MLCO stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Sumitomo Mitsui Trust Holdings Inc., Nisa Investment Advisors LLC, Swiss National Bank, Aperio Group LLC, Todd Asset Management LLC, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, and US Bancorp DE.

Which institutional investors are buying Melco Resorts & Entertainment stock?

MLCO stock was purchased by a variety of institutional investors in the last quarter, including ARGA Investment Management LP, BlackRock Inc., SG Americas Securities LLC, Calamos Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank , NorthCoast Asset Management LLC, California Public Employees Retirement System, and Russell Investments Group Ltd..

How do I buy shares of Melco Resorts & Entertainment?

Shares of MLCO can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers RevieweToro ReviewDEGiro ReviewAvaTrade ReviewIG Markets ReviewIC Markets ReviewCMC Markets ReviewAdmiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.

What is Melco Resorts & Entertainment’s stock price today?

One share of MLCO stock can currently be purchased for approximately $17.42.

How much money does Melco Resorts & Entertainment make?

Melco Resorts & Entertainment has a market capitalization of $8.01 billion and generates $5.74 billion in revenue each year. The company earns $373.17 million in net income (profit) each year or $0.94 on an earnings per share basis.

Frequently asked questions

You can easily buy Melco Resorts & Entertainment stocks with one of the well known regulated brokers on the internet. You can open an account within 5 minutes, make deposits with countless payment providers and trade with professional tools on their platform. At the moment, our visitors rate eToro as the most popular choice.

Another option is using a regulated broker like IC Markets or Interactive Brokers. You can an account with these brokers and start buying or trading NASDAQ:MLCO stocks in a safe and complete environment to trade in.

You will first want to find a licensed broker that supports NASDAQ:MLCO stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NASDAQ:MLCO stocks in a safe and complete environment.

As with any other asset, there is an element of risk associated with buying NASDAQ:MLCO stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.

 

All stocks are volatile, or affected by market circumstances. The case with NASDAQ:MLCO is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Melco Resorts & Entertainment stock.

You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Melco Resorts & Entertainment stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NASDAQ:MLCO stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.

To sell your NASDAQ:MLCO stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.

eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NASDAQ:MLCO stock.

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Stephen Johnson
Stephen Johnson

Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.

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