About Wynn Resorts, Limited (NASDAQ:WYNN)
Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company's segments include Macau Operations and Las Vegas Operations. The Company's Macau Operations include Wynn Macau and Wynn Palace. It also includes Encore, an expansion at Wynn Macau. The Company's Las Vegas Operations include Wynn Las Vegas and Encore, an expansion at Wynn Las Vegas. Wynn Las Vegas is located at the intersection of the Las Vegas Strip and Sands Avenue. As of December 31, 2016, it occupied approximately 215 acres of land fronting the Las Vegas Strip. As of December 31, 2016, the Company owned approximately 18 acres across Sands Avenue. The Company is constructing Wynn Boston Harbor, an integrated casino resort in Everett, Massachusetts.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Casinos
- Sub-Industry: Casinos & Gaming
- Symbol: NASDAQ:WYNN
- CUSIP: 98313410
- Web: www.wynnresorts.com
- Market Cap: $14.81463 billion
- Outstanding Shares: 101,944,000
- 50 Day Moving Avg: $144.80
- 200 Day Moving Avg: $132.67
- 52 Week Range: $82.51 - $150.40
Sales & Book Value:
- Trailing P/E Ratio: 54.06
- Foreward P/E Ratio: 24.03
- P/E Growth: 3.59
- Annual Revenue: $5.42 billion
- Price / Sales: 2.72
- Book Value: $2.68 per share
- Price / Book: 53.90
- Annual Dividend: $2.00
- Dividend Yield: 1.4%
- EBITDA: $1.25 billion
- Net Margins: 5.02%
- Return on Equity: 165.77%
- Return on Assets: 3.22%
- Debt-to-Equity Ratio: 27.41%
- Current Ratio: 1.97%
- Quick Ratio: 1.92%
- Average Volume: 1.97 million shs.
- Beta: 1.67
- Short Ratio: 2.39
Frequently Asked Questions for Wynn Resorts, Limited (NASDAQ:WYNN)
What is Wynn Resorts, Limited's stock symbol?
Wynn Resorts, Limited trades on the NASDAQ under the ticker symbol "WYNN."
How often does Wynn Resorts, Limited pay dividends? What is the dividend yield for Wynn Resorts, Limited?
Wynn Resorts, Limited announced a quarterly dividend on Wednesday, July 26th. Investors of record on Thursday, August 10th will be given a dividend of $0.50 per share on Tuesday, August 22nd. This represents a $2.00 annualized dividend and a yield of 1.38%. The ex-dividend date is Tuesday, August 8th. View Wynn Resorts, Limited's Dividend History.
How were Wynn Resorts, Limited's earnings last quarter?
Wynn Resorts, Limited (NASDAQ:WYNN) released its quarterly earnings data on Tuesday, July, 25th. The company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.16 by $0.02. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.47 billion. Wynn Resorts, Limited had a net margin of 5.02% and a return on equity of 165.77%. The business's revenue was up 44.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.07 earnings per share. View Wynn Resorts, Limited's Earnings History.
When will Wynn Resorts, Limited make its next earnings announcement?
Where is Wynn Resorts, Limited's stock going? Where will Wynn Resorts, Limited's stock price be in 2017?
19 brokerages have issued twelve-month price objectives for Wynn Resorts, Limited's stock. Their forecasts range from $77.00 to $161.00. On average, they expect Wynn Resorts, Limited's stock price to reach $132.54 in the next year. View Analyst Ratings for Wynn Resorts, Limited.
What are analysts saying about Wynn Resorts, Limited stock?
Here are some recent quotes from research analysts about Wynn Resorts, Limited stock:
- 1. According to Zacks Investment Research, "Wynn Resorts shares have outpaced the industry in the last six months. The company’s strong brand recognition and improved non-gaming revenues bode well. Further, its properties in Las Vegas should continue to cash in on the favorable trends of improving employment rate and positive tourism numbers in the region. Revival of gaming revenues in Macau is also a huge positive for the company. However, it will take some time for the region to return to its former glory concerns related to the sustainability of revenues from the VIP market linger. Moreover, another corruption crackdown by the authoroties may hamper performance. Meanwhile, though foot traffic has been low at Wynn palace of late due to continual construction around it, the resort is poised to witness increased visits from tourists and leisure gamblers over the long term." (9/26/2017)
- 2. Aegis analysts commented, "Following 4Q16 results which showed a better than expected ramp at its new Wynn Palace property, our CY17/CY18 EBITDA estimates go to $1.43b/$1.48b from $1.35b/$1.42b. Our price target goes to $95 from $87. At ~15.0x CY17 EV/EBITDA WYNN remains the most expensive in the peer group and fairly close to sustained peak valuation levels." (1/27/2017)
Who are some of Wynn Resorts, Limited's key competitors?
Some companies that are related to Wynn Resorts, Limited include Rogers Communication (RCI), Sirius XM Holdings (SIRI), V.F. Corporation (VFC), Royal Caribbean Cruises (RCL), CBS Corporation (CBS), DISH Network Corporation (DISH), Hilton Worldwide Holdings (HLT), Sky Plc (SKYAY), Mohawk Industries (MHK), Liberty Global PLC (LBTYK), MGM Resorts International (MGM), TAL Education Group (TAL), New Oriental Education & Technology Group (EDU), Viacom (VIA), Grupo Televisa SAB (TV), Wynn Macau (WYNMF), Discovery Communications (DISCB) and Whirlpool Corporation (WHR).
Who are Wynn Resorts, Limited's key executives?
Wynn Resorts, Limited's management team includes the folowing people:
- Stephen A. Wynn, Chairman of the Board, Chief Executive Officer
- Matthew O. Maddox, President
- Craig Billings, Chief Financial Officer, Treasurer
- John Strzemp, Executive Vice President, Chief Administrative Officer
- Kim Marie Sinatra, Executive Vice President, General Counsel, Secretary
- Robert Jos Miller, Lead Independent Director
- Clark T. Randt Jr., Director
- John J. Hagenbuch, Independent Director
- Ray R. Irani, Independent Director
- Jay L. Johnson, Independent Director
Who owns Wynn Resorts, Limited stock?
Wynn Resorts, Limited's stock is owned by many different of institutional and retail investors. Top institutional shareholders include
SOUTHEASTERN ASSET MANAGEMENT INC
SOUTHEASTERN ASSET MANAGEMENT INC
(4.99%), APG Asset Management N.V. (0.14%), State Treasurer State of Michigan (0.02%), Robeco Institutional Asset Management B.V. (0.02%) and Deane Retirement Strategies Inc. (0.01%). Company insiders that own Wynn Resorts, Limited stock include Clark T Jr Randt, Daniel Boone Wayson, John J Hagenbuch, John Strzemp, Kimmarie Sinatra, Matt Maddox, Patricia Mulroy and Stephen A Wynn. View Institutional Ownership Trends for Wynn Resorts, Limited.
Who sold Wynn Resorts, Limited stock? Who is selling Wynn Resorts, Limited stock?
Wynn Resorts, Limited's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Oakbrook Investments LLC, State Treasurer State of Michigan and Mutual of America Capital Management LLC. Company insiders that have sold Wynn Resorts, Limited stock in the last year include Clark T Jr Randt, Daniel Boone Wayson, John J Hagenbuch, John Strzemp, Kimmarie Sinatra, Matt Maddox and Patricia Mulroy. View Insider Buying and Selling for Wynn Resorts, Limited.
Who bought Wynn Resorts, Limited stock? Who is buying Wynn Resorts, Limited stock?
Wynn Resorts, Limited's stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Deane Retirement Strategies Inc. and Shell Asset Management Co.. Company insiders that have bought Wynn Resorts, Limited stock in the last two years include Daniel Boone Wayson and Stephen A Wynn. View Insider Buying and Selling for Wynn Resorts, Limited.
How do I buy Wynn Resorts, Limited stock?
Shares of Wynn Resorts, Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Wynn Resorts, Limited's stock price today?
MarketBeat Community Rating for Wynn Resorts, Limited (NASDAQ WYNN)MarketBeat's community ratings are surveys of what our community members think about Wynn Resorts, Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Wynn Resorts, Limited stock can currently be purchased for approximately $144.44.
Consensus Ratings for Wynn Resorts, Limited (NASDAQ:WYNN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||11 Hold Ratings, 8 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.42)|
|Consensus Price Target: ||$132.54 (8.24% downside)|Consensus Price Target History for Wynn Resorts, Limited (NASDAQ:WYNN)
Analysts' Ratings History for Wynn Resorts, Limited (NASDAQ:WYNN)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Deutsche Bank AG||Set Price Target||Buy||$161.00||N/A|
|10/16/2017||Citigroup Inc.||Boost Price Target||Positive -> Buy||$161.00||N/A|
|10/13/2017||Morgan Stanley||Boost Price Target||Overweight||$151.00 -> $158.00||N/A|
|10/12/2017||Stifel Nicolaus||Reiterated Rating||Hold||$134.00||N/A|
|10/2/2017||Telsey Advisory Group||Reiterated Rating||Market Perform||$150.00 -> $157.00||Low|
|7/26/2017||Union Gaming Research||Reiterated Rating||Buy -> Hold||High|
|7/21/2017||Bank of America Corporation||Reiterated Rating||Neutral||$135.00 -> $140.00||Low|
|7/12/2017||Sanford C. Bernstein||Reiterated Rating||Outperform||Low|
|5/12/2017||Barclays PLC||Upgrade||Equal Weight -> Overweight||$87.00 -> $144.00||Low|
|4/29/2017||Aegis||Reiterated Rating||Buy||$121.00 -> $132.00||Low|
|4/29/2017||Wells Fargo & Company||Reiterated Rating||Market Perform||$115.00 -> $122.50||Low|
|4/20/2017||CLSA||Upgrade||Underperform -> Outperform||Low|
|4/20/2017||Susquehanna Bancshares Inc||Reiterated Rating||Neutral||Low|
|4/5/2017||Argus||Upgrade||Hold -> Buy||$119.80 -> $135.00||Low|
|3/28/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Neutral||Low|
|3/28/2017||Wolfe Research||Reiterated Rating||Market Perform||Low|
|1/27/2017||Nomura||Upgrade||Reduce -> Neutral||N/A|
|11/3/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||$87.00||N/A|
|8/12/2016||Buckingham Research||Initiated Coverage||Buy||$113.00||N/A|
|3/11/2016||Sterne Agee CRT||Downgrade||Buy -> Neutral||$85.00||N/A|
|2/20/2016||Credit Suisse Group||Reiterated Rating||Outperform||N/A|
Earnings History for Wynn Resorts, Limited (NASDAQ:WYNN)Earnings History by Quarter for Wynn Resorts, Limited (NASDAQ WYNN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$1.16||$1.18||$1.47 billion||$1.53 billion||View||N/A|
|4/25/2017||Q1 2017||$0.96||$1.24||$1.40 billion||$1.48 billion||View||N/A|
|1/26/2017||Q416||$0.86||$0.50||$1.26 billion||$1.30 billion||View||Listen|
|11/2/2016||Q316||$0.78||$0.75||$1.12 billion||$1.11 billion||View||Listen|
|7/28/2016||Q2||$0.91||$1.07||$1.02 billion||$1.06 billion||View||Listen|
|2/11/2016||Q4||$0.76||$1.03||$948.37 million||$946.90 million||View||Listen|
|10/15/2015||Q315||$0.86||$0.86||$1.03 billion||$996.00 million||View||Listen|
|7/29/2015||Q215||$0.96||$0.74||$1.07 billion||$1.04 billion||View||Listen|
|4/28/2015||Q115||$1.33||$0.70||$1.18 billion||$1.09 billion||View||Listen|
|2/3/2015||Q414||$1.43||$1.20||$1.22 billion||$1.14 billion||View||Listen|
|10/28/2014||Q314||$1.84||$1.95||$1.37 billion||$1.37 billion||View||Listen|
|7/29/2014||Q214||$1.95||$2.11||$1.43 billion||$1.41 billion||View||Listen|
|5/1/2014||Q114||$2.07||$2.32||$1.49 billion||$1.51 billion||View||Listen|
|1/30/2014||Q4||$1.75||$2.27||$1.44 billion||$1.52 billion||View||Listen|
|10/24/2013||Q313||$1.65||$1.84||$1.36 billion||$1.39 billion||View||Listen|
|7/29/2013||Q2 2013||$1.57||$1.51||$1.34 billion||$1.33 billion||View||Listen|
|4/25/2013||Q1 2013||$1.55||$2.03||$1.38 billion||$1.38 billion||View||Listen|
|1/31/2013||Q4 2012||$1.28||$1.17||$1.27 billion||$1.29 billion||View||Listen|
Earnings Estimates for Wynn Resorts, Limited (NASDAQ:WYNN)
Current Year EPS Consensus Estimate: $5.03 EPS
Next Year EPS Consensus Estimate: $6.01 EPS
Current Dividend Information for Wynn Resorts, Limited (NASDAQ:WYNN)
|Most Recent Dividend:||8/22/2017|
|Payout Ratio:||74.91% (Trailing 12 Months of Earnings) |
39.76% (Based on This Year's Estimates)
33.28% (Based on Next Year's Estimates)
Dividend History by Quarter for Wynn Resorts, Limited (NASDAQ WYNN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Wynn Resorts, Limited (NASDAQ:WYNN)
Insider Ownership Percentage: 13.20%Insider Trades by Quarter for Wynn Resorts, Limited (NASDAQ:WYNN)
Institutional Ownership Percentage: 70.80%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/15/2017||Kimmarie Sinatra||EVP||Sell||21,451||$143.62||$3,080,792.62|| |
|9/15/2017||Matt Maddox||President||Sell||42,900||$143.44||$6,153,576.00|| |
|7/31/2017||Clark T Jr. Randt||Director||Sell||3,000||$129.00||$387,000.00|| |
|6/16/2017||Matt Maddox||President||Sell||44,309||$134.35||$5,952,914.15|| |
|6/9/2017||Kimmarie Sinatra||EVP||Sell||22,624||$129.12||$2,921,210.88|| |
|5/17/2017||John J Hagenbuch||Director||Sell||1,150||$128.40||$147,660.00|| |
|5/16/2017||Patricia Mulroy||Director||Sell||2,226||$128.08||$285,106.08|| |
|4/27/2017||Matt Maddox||President||Sell||60,000||$124.25||$7,455,000.00|| |
|3/6/2017||John Strzemp||EVP||Sell||20,000||$100.38||$2,007,600.00|| |
|12/14/2016||Daniel Boone Wayson||Director||Buy||37,500||$93.83||$3,518,625.00|| |
|11/29/2016||Kimmarie Sinatra||EVP||Sell||42,343||$99.77||$4,224,561.11|| |
|11/9/2016||Daniel Boone Wayson||Director||Sell||37,500||$87.12||$3,267,000.00|| |
|2/9/2016||Stephen A Wynn||Insider||Buy||258,523||$58.19||$15,043,453.37|| |
|1/22/2016||Stephen A Wynn||Insider||Buy||572,850||$55.62||$31,861,917.00|| |
|12/8/2015||Stephen A. Wynn||CEO||Buy||1,003,977||$63.61||$63,862,976.97|| |
|10/20/2015||Ray R. Irani||Director||Buy||35,467||$67.99||$2,411,401.33|| |
|10/19/2015||Ray R. Irani||Director||Buy||4,533||$68.00||$308,244.00|| |
|5/6/2015||John J Hagenbuch||Director||Buy||5,850||$115.68||$676,728.00|| |
|2/13/2015||Alvin V Shoemaker||Director||Sell||10,000||$159.00||$1,590,000.00|| |
|10/30/2014||John Strzemp||EVP||Sell||10,000||$187.76||$1,877,600.00|| |
|5/12/2014||Matt Maddox||CFO||Sell||16,688||$204.23||$3,408,190.24|| |
|2/24/2014||Linda Chen||Insider||Sell||4,600||$230.00||$1,058,000.00|| |
|2/21/2014||Linda Chen||Insider||Sell||20,000||$226.00||$4,520,000.00|| |
|2/7/2014||Linda Chen||Insider||Sell||20,000||$219.00||$4,380,000.00|| |
|2/6/2014||Linda Chen||Insider||Sell||10,000||$216.00||$2,160,000.00|| |
|2/4/2014||John Strzemp||EVP||Sell||5,000||$211.57||$1,057,850.00|| |
|2/3/2014||Matt Maddox||CFO||Sell||30,000||$207.01||$6,210,300.00|| |
|2/3/2014||Robert Jos Miller||Director||Sell||10,000||$215.46||$2,154,600.00|| |
|11/14/2013||Kimmarie Sinatra||SVP||Sell||10,000||$168.38||$1,683,800.00|| |
|11/13/2013||Linda Chen||Insider||Sell||10,000||$170.00||$1,700,000.00|| |
|10/30/2013||Linda Chen||Insider||Sell||10,000||$170.00||$1,700,000.00|| |
|5/14/2013||Linda Chen||Insider||Sell||10,000||$142.00||$1,420,000.00|| |
Headline Trends for Wynn Resorts, Limited (NASDAQ:WYNN)
Latest Headlines for Wynn Resorts, Limited (NASDAQ:WYNN)
Loading headlines, please wait.
Wynn Resorts, Limited (WYNN) Chart for Monday, October, 23, 2017