Zacks Research Lowers Earnings Estimates for Wynn Resorts

Key Points

• Analysts at Zacks Research have decreased their Q3 2025 earnings per share estimate for Wynn Resorts from $0.97 to $0.87, while the current full-year earnings estimate stands at $5.17 per share.
• Multiple equities research analysts have recently raised their price targets for Wynn Resorts, with a majority rating the stock as a Buy, bringing the average target price to approximately $121.93.
• Wynn Resorts reported a quarterly earnings per share of $1.09, missing the consensus estimate of $1.20, despite achieving revenue of $1.74 billion for the quarter.

Wynn Resorts, Limited (NASDAQ:WYNN - Free Report) - Stock analysts at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for Wynn Resorts in a report issued on Thursday, August 28th. Zacks Research analyst Team now anticipates that the casino operator will post earnings of $0.87 per share for the quarter, down from their prior forecast of $0.97. The consensus estimate for Wynn Resorts' current full-year earnings is $5.17 per share. Zacks Research also issued estimates for Wynn Resorts' FY2025 earnings at $4.30 EPS.

Wynn Resorts (NASDAQ:WYNN - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The casino operator reported $1.09 earnings per share for the quarter, missing analysts' consensus estimates of $1.20 by ($0.11). Wynn Resorts had a negative return on equity of 56.78% and a net margin of 5.51%.The company had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period in the prior year, the firm earned $1.12 EPS. Wynn Resorts's quarterly revenue was up .6% on a year-over-year basis.

A number of other analysts have also recently weighed in on WYNN. Jefferies Financial Group boosted their price target on Wynn Resorts from $130.00 to $133.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. JPMorgan Chase & Co. assumed coverage on Wynn Resorts in a research report on Monday, June 23rd. They issued an "overweight" rating and a $109.00 price target for the company. Macquarie boosted their price target on Wynn Resorts from $110.00 to $124.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Citigroup reissued a "neutral" rating and set a $114.00 price objective (up previously from $108.00) on shares of Wynn Resorts in a research report on Wednesday, July 9th. Finally, Bank of America raised Wynn Resorts from a "neutral" rating to a "buy" rating and set a $100.00 price objective for the company in a research report on Wednesday, May 7th. Thirteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $121.93.

Wynn Resorts Stock Down 1.0%

Shares of NASDAQ:WYNN traded down $1.28 on Monday, reaching $125.47. The company had a trading volume of 1,528,473 shares, compared to its average volume of 2,146,076. Wynn Resorts has a twelve month low of $65.25 and a twelve month high of $128.53. The stock has a 50-day moving average price of $109.82 and a 200 day moving average price of $93.65. The stock has a market capitalization of $13.05 billion, a P/E ratio of 37.68, a P/E/G ratio of 6.76 and a beta of 1.37.

Wynn Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Monday, August 18th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, August 18th. Wynn Resorts's payout ratio is currently 30.03%.

Hedge Funds Weigh In On Wynn Resorts

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans grew its position in Wynn Resorts by 6,391.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 748,769 shares of the casino operator's stock worth $70,138,000 after acquiring an additional 737,234 shares during the last quarter. Hudson Bay Capital Management LP grew its position in Wynn Resorts by 1,848.5% during the 2nd quarter. Hudson Bay Capital Management LP now owns 83,982 shares of the casino operator's stock worth $7,867,000 after acquiring an additional 79,672 shares during the last quarter. Nomura Holdings Inc. grew its position in Wynn Resorts by 2.6% during the 2nd quarter. Nomura Holdings Inc. now owns 15,811 shares of the casino operator's stock worth $1,481,000 after acquiring an additional 395 shares during the last quarter. Hollencrest Capital Management grew its position in Wynn Resorts by 18.3% during the 2nd quarter. Hollencrest Capital Management now owns 1,537 shares of the casino operator's stock worth $144,000 after acquiring an additional 238 shares during the last quarter. Finally, Public Sector Pension Investment Board grew its position in Wynn Resorts by 55.5% during the 2nd quarter. Public Sector Pension Investment Board now owns 18,157 shares of the casino operator's stock worth $1,701,000 after acquiring an additional 6,481 shares during the last quarter. 88.64% of the stock is currently owned by institutional investors.

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.