MELCO RESORTS & ENTERTAINMENT LIMITED
boothcheck covers MELCO RESORTS & ENTERTAINMENT LIMITED (MLCO) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed June 27, 2026.
• Melco operates integrated casino resorts, concentrated in Macau, where the business is recovering: first-quarter revenue rose 11% to $1.37 billion, adjusted property EBITDA reached $381 million, and Macau gross gaming revenue grew about 10% with the mass-market segment leading. [Source: Melco Q1 2026 results, 2026] • The number that matters most is leverage: total debt of about $6.67 billion against thin operating income makes this a recovery story where the balance sheet, not the property cas
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156 institutional managers reported holding MLCO in 13F filings for the quarter ended 2026-03-31. Together they hold about 9% of the company; the top 10 hold 7%. 21 opened new positions that quarter. Held by Citadel Advisors, Arrowstreet Capital, BlackRock, among others. On the short side, 5.1M shares were sold short as of the 2026-06-15 count, about 0.4% of shares outstanding (2.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
MLCO has cut its share count 16.7% over the past five years, spending $689.33M on repurchases. It pays a dividend, and has for 4 years running; the current rate is $0.06 a share annually. Cash returned over the past three years: $736k in dividends and $448.14M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.