Free Trial

Wynn Resorts (WYNN) to Release Earnings on Tuesday

Wynn Resorts logo with Consumer Discretionary background

Wynn Resorts (NASDAQ:WYNN - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $1.26 per share and revenue of $1.74 billion for the quarter.

Wynn Resorts (NASDAQ:WYNN - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The casino operator reported $2.42 EPS for the quarter, topping analysts' consensus estimates of $1.27 by $1.15. The company had revenue of $1.84 billion for the quarter, compared to analysts' expectations of $1.78 billion. Wynn Resorts had a negative return on equity of 71.17% and a net margin of 7.03%. On average, analysts expect Wynn Resorts to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Wynn Resorts Stock Performance

Shares of Wynn Resorts stock traded up $2.45 on Friday, hitting $82.49. 1,597,195 shares of the company traded hands, compared to its average volume of 2,484,419. The business has a 50-day simple moving average of $81.04 and a 200 day simple moving average of $86.27. Wynn Resorts has a 52 week low of $65.25 and a 52 week high of $107.81. The stock has a market capitalization of $8.76 billion, a P/E ratio of 19.59, a price-to-earnings-growth ratio of 2.35 and a beta of 1.33.

Wynn Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.21%. The ex-dividend date was Monday, February 24th. Wynn Resorts's payout ratio is currently 23.75%.

Insider Buying and Selling at Wynn Resorts

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

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on WYNN shares. StockNews.com cut Wynn Resorts from a "buy" rating to a "hold" rating in a report on Wednesday, March 12th. Stifel Nicolaus lifted their price objective on Wynn Resorts from $123.00 to $128.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Macquarie reiterated an "outperform" rating and set a $115.00 target price on shares of Wynn Resorts in a research report on Friday, February 14th. Mizuho raised their target price on shares of Wynn Resorts from $118.00 to $132.00 and gave the company an "outperform" rating in a report on Friday, February 14th. Finally, Morgan Stanley decreased their price target on shares of Wynn Resorts from $105.00 to $103.00 and set an "overweight" rating on the stock in a research note on Monday, February 24th. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Wynn Resorts currently has a consensus rating of "Moderate Buy" and a consensus target price of $118.17.

Get Our Latest Analysis on WYNN

About Wynn Resorts

(Get Free Report)

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.

Featured Articles

Earnings History for Wynn Resorts (NASDAQ:WYNN)

Should You Invest $1,000 in Wynn Resorts Right Now?

Before you consider Wynn Resorts, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wynn Resorts wasn't on the list.

While Wynn Resorts currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines