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Melco's New REM Hotel Set for Phased Opening in Q3 2026
Melco Resorts & Entertainment Limited announced its unaudited financial results for Q2 2026, reporting a 6% decrease in operating revenues to US$1.25 billion due to softer performance in rolling chip, mass market table games, and non-gaming operations. Despite this, net income attributable to Melco …
Wyndham Brands Sweep USA TODAY’s Top 3 Extended-Stay Spots
Wyndham Hotels & Resorts announced that its extended-stay brands dominated USA TODAY's 10Best Readers' Choice Awards, with ECHO Suites Extended Stay by Wyndham ranking #1. Hawthorn Extended Stay by Wyndham and WaterWalk Extended Stay by Wyndham secured the #2 and #3 spots, making Wyndham …
Melco Resorts Announces Unaudited Second Quarter 2026 Earnings
Melco Resorts & Entertainment Limited MACAU, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) ("Melco Resorts" or the "Company"), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for …
ECHO Suites Ranked #1 Extended Stay Hotel Brand by USA TODAY Readers
Wyndham sweeps top honors across every extended stay segment; Hawthorn Extended Stay and WaterWalk Extended Stay claim #2 and #3 spots HIGHLIGHTS USA TODAY readers ranked ECHO Suites® Extended Stay by Wyndham #1, with Hawthorn® Extended Stay by Wyndham and WaterWalk® Extended Stay by …
FY2026 Earnings Forecast for Hesai Group Issued By Dbs Bank
Dbs Bank has issued its FY2026 earnings per share forecast for Hesai Group, estimating $0.53, which is below the consensus of $0.66. Despite this, the overall analyst sentiment remains "Buy" with an average target price of $31.50. Hesai Group recently surpassed quarterly EPS and …
Wynn Resorts stock steadies after Q2 earnings beat amid insider options activity
Wynn Resorts' Q2 2026 earnings exceeded expectations, with revenue hitting $1.86 billion and EPS at $1.24, leading to a modest stock increase. Despite a 12.9% year-to-date decline, analysts project a 28.1% upside. Insider call options sales, particularly at the $115 and $120 strike prices, …
MTN Initiated Coverage by Goldman Sachs -- Rating Set to Sell
Goldman Sachs initiated coverage on Vail Resorts (MTN) with a Sell rating and a price target of $132.00, citing concerns about its current valuation. Despite this, GuruFocus indicates MTN is undervalued by 22.2% with a strong GF Score of 90/100, driven by high profitability …
NewEdge Advisors LLC Grows Stock Holdings in Host Hotels & Resorts, Inc. $HST
NewEdge Advisors LLC significantly increased its stake in Host Hotels & Resorts (HST) by 75.3% in the first quarter, bringing its total holdings to 167,691 shares valued at $3.2 million. Other institutional investors also adjusted their positions, with overall institutional ownership at 98.52%. The …
Melco: Q2 Earnings Snapshot
Melco Resorts and Entertainment Ltd. (MLCO) reported earnings of $22.7 million for its second quarter. The company, based in Hong Kong, achieved net income of 6 cents per share and posted revenue of $1.25 billion for the period. This financial summary was generated using …
Host Hotels & Resorts (HST) Q2 2026 Earnings Call Transcript
Image source: The Motley Fool. DATE Thursday, Aug. 6, 2026 at 10:00 a.m. ET CALL PARTICIPANTS Senior Vice President of Investor Relations - Jaime N. MarcusPresident and Chief Executive Officer - James F. RisoleoExecutive Vice President and Chief Financial Officer - Sourav Ghosh TAKEAWAYS …
Does Host Hotels & Resorts' (HST) Upgraded 2026 Outlook Reveal a Deeper Capital Allocation Shift?
Host Hotels & Resorts (HST) recently reported strong Q2 2026 results with increased revenue and net income, leading to an upgraded full-year 2026 guidance. The company emphasizes its investment-grade balance sheet for capital allocation through reinvestment, acquisitions, dispositions, dividends, and share repurchases. While the …
Host Hotels & Resorts Inc. stock outperforms competitors on strong trading day
Host Hotels & Resorts Inc. (HST) stock rose 2.29% to $22.80 on Wednesday, outperforming the S&P 500 Index and the Dow Jones Industrial Average on a mixed trading day. This increase broke a four-day losing streak for the company's shares.
Red Rock Resorts, Inc. SEC Filing (Aug 12, 2026)
Red Rock Resorts, Inc. (RRR) filed a Form 144 with the SEC on August 12, 2026, detailing a proposed sale of 9,791 shares of common stock by an insider. The securities were acquired on August 11, 2026, through the net-settled exercise of employee options …
Morgan Stanley Maintains MGM Resorts International(MGM.US) With Sell Rating, Maintains Target Price $43
Morgan Stanley has reiterated its Sell rating for MGM Resorts International (MGM.US), maintaining a target price of $43. This indicates a continued bearish outlook on the company's stock by the investment bank.
Wynn Resorts Ltd. stock underperforms Wednesday when compared to competitors
Wynn Resorts Ltd. (WYNN) stock dropped 1.74% on Wednesday, closing at $102.97. This underperformance occurred on a mixed trading day, with the S&P 500 rising and the Dow Jones Industrial Average falling. The stock is currently 23.57% below its 52-week high.
MLCO Maintained by Susquehanna -- Price Target Lowered to $8.00
Susquehanna analyst Joseph Stauff has maintained a "Positive" rating for Melco Resorts and Entertainment (MLCO) but lowered the price target from $12.00 to $8.00. Despite this, MLCO is considered 34.4% undervalued by GuruFocus's GF Value™ and holds a strong GF Score™ of 74/100, though …
Bank of America (PK) reports 4.9% beneficial stake in Park Hotels & Resorts
Bank of America Corporation has filed an amended Schedule 13G, disclosing a 4.9% beneficial ownership in Park Hotels & Resorts Inc. common stock, totaling 9,775,762 shares. This ownership includes shared voting power over 9,769,187 shares and shared dispositive power over all 9,775,762 shares, with …
Davis Selected Advisers (MGM) reports 23.9M MGM Resorts shares, a 9.3% stake
Davis Selected Advisers has reported a significant ownership stake in MGM Resorts International, holding 23,903,317 shares, which represents 9.3% of the common stock. This information was disclosed in an Amendment No. 7 to a Schedule 13G filing, indicating the firm's sole voting power over …
MGM Resorts (MGM) Stock Could Be Cheap On Cash Flow Yet Pricey On Earnings
MGM Resorts International (MGM) stock shows mixed valuation signals, with a Discounted Cash Flow (DCF) analysis suggesting it is 23% undervalued, while earnings-based multiples indicate it is overvalued compared to its industry and fair P/E ratio. The ongoing go-private proposal adds complexity, with the …
Melco Resorts And Entertainment (MLCO) Stock Still Trades Below Fair Value
Melco Resorts & Entertainment (MLCO) stock appears to be undervalued based on several valuation tests, including its P/E ratio of 9.4x compared to an industry average of 22.1x and a modeled fair P/E of 22.3x. Despite a 53% decline over the past five years, …
Tripadvisor Group and Airbnb Announce Experiences Partnership
Tripadvisor Group and Airbnb have announced a new partnership that will integrate a selection of Tripadvisor Group's tours, activities, and attractions into Airbnb's booking platform. This collaboration will make over 425,000 experiences from Tripadvisor, Viator, and their partners available on Airbnb, significantly expanding the …
Wynn Resorts (NASDAQ:WYNN) Rating Increased to Hold at Zacks Research
Zacks Research has upgraded Wynn Resorts (NASDAQ:WYNN) from a "strong sell" to a "hold" rating, though the overall analyst consensus remains a "Moderate Buy." This upgrade follows Wynn's strong second-quarter earnings, where the casino operator surpassed analyst expectations for both EPS and revenue, driven …
MGM Shareholder Investigation: MGM Resorts Investigation
Bleichmar Fonti & Auld LLP (BFA Law) is investigating Barry Diller’s $48.30 per share offer to acquire MGM Resorts International (NYSE:MGM). The investigation focuses on potential breaches of fiduciary duty due to Diller's dual role as a director and controlling stockholder, raising concerns about …
Pacer Advisors Inc. Sells 316,475 Shares of MGM Resorts International $MGM
Pacer Advisors Inc. significantly reduced its stake in MGM Resorts International (NYSE:MGM) by selling 316,475 shares in the first quarter, leaving them with 11,294 shares valued at $418,000. Despite this sell-off, institutional investors collectively own 68.11% of the company, and analyst sentiment remains positive …