Zacks Research Forecasts Weaker Earnings for Wynn Resorts

Wynn Resorts, Limited (NASDAQ:WYNN - Free Report) - Stock analysts at Zacks Research dropped their Q3 2025 earnings estimates for shares of Wynn Resorts in a research report issued on Tuesday, May 27th. Zacks Research analyst M. Kaushik now anticipates that the casino operator will earn $0.97 per share for the quarter, down from their previous forecast of $1.08. The consensus estimate for Wynn Resorts' current full-year earnings is $5.17 per share. Zacks Research also issued estimates for Wynn Resorts' Q1 2027 earnings at $1.01 EPS.

Wynn Resorts (NASDAQ:WYNN - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The casino operator reported $1.07 EPS for the quarter, missing the consensus estimate of $1.24 by ($0.17). Wynn Resorts had a net margin of 7.03% and a negative return on equity of 71.17%. The business had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.74 billion. During the same period in the previous year, the company earned $1.59 EPS. Wynn Resorts's revenue for the quarter was down 8.7% compared to the same quarter last year.

Several other research firms have also issued reports on WYNN. Argus lowered shares of Wynn Resorts from a "buy" rating to a "hold" rating in a report on Wednesday, April 23rd. Macquarie reissued an "outperform" rating and issued a $115.00 target price on shares of Wynn Resorts in a report on Friday, February 14th. Jefferies Financial Group raised shares of Wynn Resorts from a "hold" rating to a "buy" rating and increased their target price for the stock from $105.00 to $118.00 in a report on Tuesday, February 18th. Barclays reduced their target price on shares of Wynn Resorts from $116.00 to $99.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Finally, Citigroup raised shares of Wynn Resorts from a "neutral" rating to a "buy" rating in a report on Wednesday, May 7th. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $113.18.

Wynn Resorts Stock Performance

Shares of NASDAQ WYNN traded down $0.73 during midday trading on Thursday, hitting $90.00. 6,827,910 shares of the company's stock traded hands, compared to its average volume of 2,560,719. Wynn Resorts has a 1 year low of $65.25 and a 1 year high of $107.81. The stock has a market capitalization of $9.41 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 2.35 and a beta of 1.33. The firm has a fifty day moving average of $82.85 and a 200 day moving average of $85.95.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of WYNN. Fifth Third Bancorp lifted its position in Wynn Resorts by 5.8% in the fourth quarter. Fifth Third Bancorp now owns 2,183 shares of the casino operator's stock worth $188,000 after buying an additional 119 shares during the last quarter. Venturi Wealth Management LLC lifted its position in Wynn Resorts by 15.0% in the fourth quarter. Venturi Wealth Management LLC now owns 936 shares of the casino operator's stock worth $81,000 after buying an additional 122 shares during the last quarter. BOKF NA lifted its position in Wynn Resorts by 3.9% in the fourth quarter. BOKF NA now owns 3,557 shares of the casino operator's stock worth $289,000 after buying an additional 132 shares during the last quarter. Teachers Retirement System of The State of Kentucky lifted its position in Wynn Resorts by 1.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 7,057 shares of the casino operator's stock worth $589,000 after buying an additional 132 shares during the last quarter. Finally, Snowden Capital Advisors LLC lifted its position in Wynn Resorts by 5.6% in the fourth quarter. Snowden Capital Advisors LLC now owns 2,589 shares of the casino operator's stock worth $223,000 after buying an additional 138 shares during the last quarter. 88.64% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Patricia Mulroy sold 2,262 shares of the stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $92.12, for a total transaction of $208,375.44. Following the completion of the transaction, the director now directly owns 3,066 shares in the company, valued at approximately $282,439.92. This represents a 42.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Tilman J. Fertitta bought 100,000 shares of the stock in a transaction dated Monday, April 7th. The shares were purchased at an average price of $67.62 per share, with a total value of $6,762,000.00. Following the completion of the transaction, the insider now directly owns 13,000,000 shares in the company, valued at approximately $879,060,000. The trade was a 0.78% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 416,500 shares of company stock worth $29,254,547. 0.52% of the stock is currently owned by insiders.

Wynn Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were given a dividend of $0.25 per share. The ex-dividend date was Friday, May 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.11%. Wynn Resorts's dividend payout ratio is currently 27.78%.

Wynn Resorts Company Profile

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.