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Crown Resorts Ltd

CWN.AX

Latest Trade

9.15AUD

Change

-0.34(-3.58%)

Volume

2,355,466

Today's Range

9.10

 - 

9.57

52 Week Range

5.84

 - 

13.25

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
9.49
Open
9.47
Volume
2,355,466
3M AVG Volume
74.30
Today's High
9.57
Today's Low
9.10
52 Week High
13.25
52 Week Low
5.84
Shares Out (MIL)
677.16
Market Cap (MIL)
6,622.61
Forward P/E
48.71
Dividend (Yield %)
6.13

Next Event

Full Year 2020 Crown Resorts Ltd Earnings Release

Latest Developments

More

Century Entertainment International Says VMG And Crown Resorts Terminates License Agreement In Cambodia

Crown Resorts Says For 1 July 2019 To 23 March 2020, Normalised NPAT About $210 Mln

Crown Resorts Says Blackstone Purchase Stake In Co

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About Crown Resorts Ltd

Crown Resorts Limited is an Australia-based entertainment company with its core businesses and investments in the integrated resort sector. The Company owns and operates various integrated resorts, including Crown Melbourne Entertainment Complex and Crown Perth Entertainment Complex. Crown Melbourne is an integrated resort, which has a casino, hotels, function rooms, restaurants, shopping and entertainment facilities. The Crown Perth is an integrated resort, which consists of a casino, international hotels, a convention center, and food and beverage outlets. The Company also operates Crown Aspinalls, which is a London casino located in West End entertainment district.

Industry

Hotels & Motels

Contact Info

Crown Towers, L 3 8 Whiteman Street

SOUTHBANK, VIC

3006

Australia

+61.3.92928824

http://www.crownresorts.com.au

Executive Leadership

Helen Anne Coonan

Non-Executive Chairman of the Board

Kenneth M. Barton

Chief Executive Officer, Director

John Hartely Poynton

Non-Executive Deputy Chairman of the Board

Alan McGregor

Chief Financial Officer

Barry J. Felstead

Chief Executive Officer - Australian Resorts

Key Stats

1.90 mean rating - 10 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2017

3.3K

2018

3.5K

2019

3.1K

2020(E)

2.2K
EPS (AUD)

2017

0.473

2018

0.562

2019

0.541

2020(E)

0.201
Price To Earnings (TTM)
14.83
Price To Sales (TTM)
2.22
Price To Book (MRQ)
1.30
Price To Cash Flow (TTM)
9.17
Total Debt To Equity (MRQ)
17.10
LT Debt To Equity (MRQ)
16.48
Return on Investment (TTM)
6.77
Return on Equity (TTM)
5.93

Latest News

Latest News

Blackstone takes $360 million stake in Australia's Crown, stoking buyout hope

Private equity company Blackstone Group Inc bought a near 10% stake in Australian casino operator Crown Resorts Ltd from Macau's Melco Resorts & Entertainment Ltd, sending Crown shares soaring amid hopes of a buyout.

Australia shares gain amid easing virus curbs; Crown Resorts jumps

Australian shares advanced on Wednesday as risk sentiment improved on phased easing of coronavirus-driven lockdowns around the world, while Crown Resorts surged 12% after Blackstone bought a stake in the casino operator.

Australia's Crown Resorts says Blackstone bought near 10% of its shares

Australia's Crown Resorts Ltd said on Wednesday that U.S. private equity firm Blackstone Group Inc had bought some of its shares from Macau casino operator Melco Resorts & Entertainment Ltd.

Australia's top casinos flag big layoffs, new debt funding to combat virus

Australia's top two casino operators said on Thursday they have laid off about 20,000 staff either temporarily or permanently and lined up about $760 million in bank credit to survive the coronavirus crisis that has battered the industry.

Australia's Crown Resorts stands down 95% of workforce amid virus restrictions

Australia's Crown Resorts Ltd said on Thursday it has stood down about 95% of its employees due to the suspension of gaming and other non-essential services at its Melbourne and Perth resorts because of coronavirus restrictions.

BRIEF-Crown Resorts Says Has Progressively Stood Down Over 11,500 Of Its Employees

* CROWN HAS BEEN FORCED TO SUBSTANTIALLY REDUCE ITS WORKFORCE

BRIEF-Crown Resorts Says Crown Melbourne, Crown Perth Ceased Gaming & Other Activities

* CROWN MELBOURNE AND CROWN PERTH ENTERTAINMENT COMPLEXES HAVE CEASED GAMING ACTIVITIES

BRIEF-Crown Resorts Revises Restrictions On Number Of Patrons At Facilities

* REVISES CROWN MELBOURNE & PERTH RESTRICTIONS ON NUMBER OF PATRONS IN FOOD & BEVERAGE, BANQUETING, CONFERENCE FACILITIES TO 100 FROM 450 Source text for Eikon: Further company coverage:

BRIEF-Crown Resorts Announces 14 Days Paid Special Leave For Employees Affected By COVID-19

* ANNOUNCES 14 DAYS OF PAID SPECIAL LEAVE FOR EMPLOYEES FACING COVID-19 CHALLENGES

BRIEF-Crown Resorts To Implement Equivalent Social Distancing Policy At Perth Complex

* WILL IMPLEMENT EQUIVALENT SOCIAL DISTANCING POLICY AT ITS CROWN PERTH ENTERTAINMENT COMPLEX

Crown Resorts adopts social distancing measures in Melbourne casino to stem virus spread

Crown Resorts said on Monday it was adopting several "social distancing" measures at its casino in Melbourne in light of the growing threat posed by the spreading coronavirus.

UPDATE 2-Australia's Crown says Chinese VIP slump hit profit, coronavirus impact looms

* Crown normalised H1 profit A$172.7 mln vs A$194.1 mln prior year

Australia's Crown Resorts profit drops 11% as VIP gamblers cut back on spending

Australia's Crown Resorts Ltd on Wednesday posted a 11% fall in half-year profit as Chinese high-rollers scaled back spending amid a slowdown in the world's second-largest economy.

RPT-UPDATE 2-Melco abandons Crown stake purchase, first major deal dropped due to coronavirus

* Closure of Macau casinos and slide in tourism hitting industry

Melco abandons Crown stake purchase, first major deal dropped due to coronavirus

The new coronavirus epidemic has claimed its first big M&A deal, with Macau casino operator Melco Resorts & Entertainment Ltd <MLCO.O> pulling the plug on a stake purchase in Australia's Crown Resorts Ltd <CWN.AX>, citing a plunge in traveler numbers and casino closures.

BRIEF-Crown Resorts Updates On Termination Of Certain Obligations Under Share Sale Agreement

* RECEIVED ATTACHED DEED FROM CPH IN RELATION TO TERMINATION OF CERTAIN OBLIGATIONS UNDER SHARE SALE AGREEMENT

Casino operator Melco rethinks Crown deal as coronavirus hits travel

Melco Resorts & Entertainment Ltd said on Thursday it has shelved plans to raise its stake in Australia's Crown Resorts Ltd as the coronavirus outbreak in China forces the casino operator to rethink its non-core investments.

Australia's Crown Resorts names new chairwoman, CEO amid regulatory probes

Crown Resorts <CWN.AX> appointed a new chairwoman and a chief executive on Friday in a major management reshuffle, as Australia's biggest casino operator seeks to navigate through regulatory probes and falling profits.

Australia's Crown Resorts names new chair, CEO

Australia's Crown Resorts on Friday said it has appointed Helen Coonan as chair and Ken Barton as chief executive and managing director.

UPDATE 1-Australia's Crown Resorts high-roller sales tank on global challenges

Crown Resorts Ltd on Thursday said "VIP" sales at its Australian resorts sank 46% during the July-Oct. 20 period as the international tourist market for the casino operator remained under pressure.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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