Seaport Res Ptn Weighs in on Wynn Resorts Q1 Earnings

Wynn Resorts, Limited (NASDAQ:WYNN - Free Report) - Analysts at Seaport Res Ptn issued their Q1 2025 earnings estimates for shares of Wynn Resorts in a research report issued on Tuesday, April 22nd. Seaport Res Ptn analyst V. Umansky expects that the casino operator will post earnings of $1.32 per share for the quarter. The consensus estimate for Wynn Resorts' current full-year earnings is $5.17 per share. Seaport Res Ptn also issued estimates for Wynn Resorts' Q2 2025 earnings at $1.38 EPS, Q3 2025 earnings at $1.29 EPS, Q4 2025 earnings at $1.58 EPS and FY2025 earnings at $5.46 EPS.

Other research analysts also recently issued research reports about the stock. Morgan Stanley dropped their target price on shares of Wynn Resorts from $105.00 to $103.00 and set an "overweight" rating on the stock in a research report on Monday, February 24th. Stifel Nicolaus boosted their target price on shares of Wynn Resorts from $123.00 to $128.00 and gave the company a "buy" rating in a research report on Friday, February 14th. StockNews.com downgraded shares of Wynn Resorts from a "buy" rating to a "hold" rating in a report on Wednesday, March 12th. Barclays lowered their price objective on shares of Wynn Resorts from $116.00 to $99.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Finally, Mizuho upped their price objective on shares of Wynn Resorts from $118.00 to $132.00 and gave the stock an "outperform" rating in a report on Friday, February 14th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $118.17.

Wynn Resorts Price Performance

Shares of Wynn Resorts stock traded down $1.02 during trading on Thursday, reaching $81.18. 594,917 shares of the company traded hands, compared to its average volume of 2,477,614. Wynn Resorts has a 1-year low of $65.25 and a 1-year high of $107.81. The company has a 50 day moving average price of $81.86 and a 200-day moving average price of $86.73. The firm has a market capitalization of $8.62 billion, a PE ratio of 19.33, a P/E/G ratio of 2.35 and a beta of 1.53.

Wynn Resorts (NASDAQ:WYNN - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The casino operator reported $2.42 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $1.15. Wynn Resorts had a net margin of 7.03% and a negative return on equity of 71.17%. The company had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.78 billion.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. New Wave Wealth Advisors LLC bought a new position in shares of Wynn Resorts in the fourth quarter worth $26,000. Global X Japan Co. Ltd. grew its position in Wynn Resorts by 120.7% in the first quarter. Global X Japan Co. Ltd. now owns 320 shares of the casino operator's stock worth $27,000 after acquiring an additional 175 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Wynn Resorts in the third quarter worth $31,000. SBI Securities Co. Ltd. purchased a new position in Wynn Resorts in the fourth quarter worth $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in Wynn Resorts by 3,408.3% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 421 shares of the casino operator's stock worth $35,000 after acquiring an additional 409 shares in the last quarter. Institutional investors own 88.64% of the company's stock.

Insider Activity at Wynn Resorts

In other Wynn Resorts news, Director Philip G. Satre bought 22,200 shares of the stock in a transaction on Tuesday, February 18th. The shares were acquired at an average price of $92.18 per share, with a total value of $2,046,396.00. Following the acquisition, the director now directly owns 34,195 shares of the company's stock, valued at $3,152,095.10. The trade was a 185.08 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Tilman J. Fertitta bought 100,000 shares of the stock in a transaction on Monday, April 7th. The shares were acquired at an average cost of $67.62 per share, for a total transaction of $6,762,000.00. Following the acquisition, the insider now directly owns 13,000,000 shares in the company, valued at approximately $879,060,000. This trade represents a 0.78 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 438,700 shares of company stock worth $31,300,943. 0.52% of the stock is owned by company insiders.

Wynn Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.00 annualized dividend and a yield of 1.23%. Wynn Resorts's payout ratio is currently 23.75%.

About Wynn Resorts

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.