Q3 EPS Estimates for Wynn Resorts Reduced by Seaport Res Ptn

Wynn Resorts, Limited (NASDAQ:WYNN - Free Report) - Analysts at Seaport Res Ptn dropped their Q3 2025 earnings estimates for Wynn Resorts in a report issued on Monday, July 21st. Seaport Res Ptn analyst V. Umansky now expects that the casino operator will earn $1.01 per share for the quarter, down from their prior forecast of $1.29. The consensus estimate for Wynn Resorts' current full-year earnings is $5.17 per share. Seaport Res Ptn also issued estimates for Wynn Resorts' Q4 2025 earnings at $1.30 EPS, FY2025 earnings at $4.12 EPS, FY2026 earnings at $4.62 EPS and FY2027 earnings at $5.16 EPS.

Several other research firms also recently commented on WYNN. Mizuho lowered their target price on shares of Wynn Resorts from $132.00 to $122.00 and set an "outperform" rating on the stock in a report on Thursday, May 8th. The Goldman Sachs Group began coverage on shares of Wynn Resorts in a research note on Monday, July 7th. They set a "buy" rating and a $122.00 price target on the stock. JPMorgan Chase & Co. began coverage on shares of Wynn Resorts in a report on Monday, June 23rd. They issued an "overweight" rating and a $109.00 price target on the stock. Stifel Nicolaus set a $113.00 price target on shares of Wynn Resorts in a report on Wednesday, May 7th. Finally, Argus cut shares of Wynn Resorts from a "buy" rating to a "hold" rating in a report on Wednesday, April 23rd. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $114.71.

Wynn Resorts Stock Up 0.9%

NASDAQ:WYNN traded up $0.99 during trading hours on Thursday, hitting $109.44. 1,463,424 shares of the stock traded hands, compared to its average volume of 1,911,695. Wynn Resorts has a 1 year low of $65.25 and a 1 year high of $112.36. The company has a market cap of $11.44 billion, a price-to-earnings ratio of 30.40, a price-to-earnings-growth ratio of 3.00 and a beta of 1.37. The stock has a 50 day moving average price of $96.51 and a 200 day moving average price of $87.93.

Wynn Resorts (NASDAQ:WYNN - Get Free Report) last announced its earnings results on Tuesday, May 6th. The casino operator reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.24 by ($0.17). The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.74 billion. Wynn Resorts had a net margin of 6.17% and a negative return on equity of 62.13%. The business's quarterly revenue was down 8.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.59 earnings per share.

Institutional Investors Weigh In On Wynn Resorts

A number of institutional investors have recently added to or reduced their stakes in WYNN. Norges Bank acquired a new stake in Wynn Resorts in the 4th quarter valued at $117,352,000. Jericho Capital Asset Management L.P. acquired a new position in shares of Wynn Resorts during the 4th quarter valued at about $101,375,000. DAVENPORT & Co LLC acquired a new position in shares of Wynn Resorts during the 1st quarter valued at about $49,476,000. Nuveen LLC acquired a new position in shares of Wynn Resorts during the 1st quarter valued at about $41,731,000. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Wynn Resorts by 18.4% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,125,668 shares of the casino operator's stock valued at $269,308,000 after acquiring an additional 485,204 shares during the last quarter. Institutional investors and hedge funds own 88.64% of the company's stock.

Insider Activity at Wynn Resorts

In other news, Director Patricia Mulroy sold 2,262 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $92.12, for a total transaction of $208,375.44. Following the sale, the director owned 3,066 shares of the company's stock, valued at $282,439.92. This trade represents a 42.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.52% of the stock is owned by insiders.

Wynn Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.91%. Wynn Resorts's payout ratio is 27.78%.

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.