NASDAQ:WYNN

Wynn Resorts (WYNN) Stock Forecast, Price & News

$100.35

+3.87 (+4.01%)

(As of 06/2/2023 ET)

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Today's Range: $97.48
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$101.55
50-Day Range: $96.48
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$115.60
52-Week Range: $50.20
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$117.86

Volume: 3.92 million shs
Average Volume: 2.91 million shs
Market Capitalization: $11.42 billion

P/E Ratio: N/A
Dividend Yield: 1.00%
Price Target: $118.18

Wynn Resorts MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 17.8% Upside
$118.18 Price Target
Short Interest: Healthy
7.39% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.28
Upright™ Environmental Score
News Sentiment: 0.34
Based on 8 Articles This Week
Insider Trading: Selling Shares
$1.24 M Sold Last Quarter
Proj. Earnings Growth: 186.47%
From $1.70 to $4.87 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Consumer Discretionary Sector

174th out of 269 stocks

Hotels & Motels Industry

18th out of 27 stocks

2.4

Analyst's Opinion

Consensus Rating
Wynn Resorts has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $118.18, Wynn Resorts has a forecasted upside of 17.8% from its current price of $100.35.
Amount of Analyst Coverage
Wynn Resorts has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
7.39% of the float of Wynn Resorts has been sold short.
Short Interest Ratio / Days to Cover
Wynn Resorts has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Wynn Resorts has recently decreased by 4.42%, indicating that investor sentiment is improving.

0.8

Dividend Strength

Dividend Yield
Wynn Resorts has a dividend yield of 1.00%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Wynn Resorts does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Wynn Resorts will have a dividend payout ratio of 20.53% next year. This indicates that Wynn Resorts will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Wynn Resorts has received a -120.21% net impact score from Upright. The largest negative impact of Wynn Resorts in category "Mental diseases" seems to be driven mostly by its "Casino games", "Casino hotel services", and "Alcoholic beverages served at a restaurant" products. See details.
Environmental Sustainability
The Environmental Impact score for Wynn Resorts is -2.28.

1.3

News and Social Media Coverage

News Sentiment
Wynn Resorts has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Wynn Resorts this week, compared to 11 articles on an average week.
Search Interest
Only 54 people have searched for WYNN on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added Wynn Resorts to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wynn Resorts insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,237,452.00 in company stock.
Percentage Held by Insiders
Only 0.62% of the stock of Wynn Resorts is held by insiders.
Percentage Held by Institutions
70.95% of the stock of Wynn Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Wynn Resorts are expected to grow by 186.47% in the coming year, from $1.70 to $4.87 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wynn Resorts is -46.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wynn Resorts is -46.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Wynn Resorts (NASDAQ:WYNN) Stock

Wynn Resorts Ltd. is a holding company, which engages in the design, development, and operation of destination casino resorts. It operates through the following segments: Wynn Palace, Wynn Macau, Las Vegas Operations, Wynn Interactive and Encore Boston Harbor. The company was founded by Stephen Alan Wynn, Elaine P. Wynn, and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.

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WYNN Stock News Headlines

May 12, 2023 | marketbeat.com

An Updraft Is Brewing For DraftKings (WYNN)

DraftKings is in an updraft driven by the analysts and supported by results and increased guidance that may be too cautious.

May 11, 2023 | marketbeat.com

Wynn Resorts: A Winning Bet for 2023

Wynn Resorts stock resumed dividend payments after a solid quarter driven by the rebound in Macau. Analysts raise their targets, supporting the uptrend.

June 4, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...

June 2, 2023 | cnbc.com

We're adding to our position in this casino operator on a pullback

June 2, 2023 | cnbc.com

News of a potential Beijing stimulus package boosts the Club's China-exposed names

June 2, 2023 | finance.yahoo.com

Down -11.69% in 4 Weeks, Here's Why You Should You Buy the Dip in Wynn (WYNN)

June 1, 2023 | finance.yahoo.com

Wynn Resorts, Limited (WYNN) is Attracting Investor Attention: Here is What You Should Know

May 30, 2023 | finance.yahoo.com

Wynn Resorts (NASDAQ:WYNN) Could Be Struggling To Allocate Capital

June 4, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

May 28, 2023 | americanbankingnews.com

Wynn Resorts, Limited (NASDAQ:WYNN) Director Sells $111,815.00 in Stock

May 27, 2023 | americanbankingnews.com

Q2 2023 Earnings Forecast for Wynn Resorts, Limited (NASDAQ:WYNN) Issued By Zacks Research

May 25, 2023 | americanbankingnews.com

Wynn Resorts (NASDAQ:WYNN) Shares Down 4.5%

May 25, 2023 | finance.yahoo.com

It’s Time to Roll the Dice on Wynn Stock

May 25, 2023 | americanbankingnews.com

Q2 2024 Earnings Estimate for Wynn Resorts, Limited (NASDAQ:WYNN) Issued By Zacks Research

May 24, 2023 | finance.yahoo.com

Wall Street Analysts See Wynn (WYNN) as a Buy: Should You Invest?

May 24, 2023 | finance.yahoo.com

Wynn Las Vegas Announces 2023 Concours Event

May 24, 2023 | forbes.com

Gambling Resort To Push Ras Al-Khaimah Budget Into Deficit, Warns Fitch

May 23, 2023 | 247wallst.com

Unusual Call Option Trade in Wynn Resorts Worth $54,158.5K

May 23, 2023 | finance.yahoo.com

Wynn Resorts Included on List of 50 Most Community-Minded Companies in America

May 20, 2023 | americanbankingnews.com

Wynn Resorts (NASDAQ:WYNN) Coverage Initiated at StockNews.com

May 20, 2023 | americanbankingnews.com

Analysts Set Wynn Resorts, Limited (NASDAQ:WYNN) Price Target at $116.82

May 18, 2023 | finance.yahoo.com

Wynn Resorts, Limited (WYNN) Is a Trending Stock: Facts to Know Before Betting on It

May 18, 2023 | finance.yahoo.com

4 big analyst picks: Snap gets a fresh upgrade; a big day for Tencent Music

May 17, 2023 | markets.businessinsider.com

Why Are Casino Stocks WYNN, MGM, LVS Up Today?

May 17, 2023 | markets.businessinsider.com

Wynn Resorts To Rally Around 31%? Here Are 10 Other Analyst Forecasts For Wednesday

May 17, 2023 | americanbankingnews.com

Wynn Resorts (NASDAQ:WYNN) Raised to Overweight at Barclays

May 16, 2023 | markets.businessinsider.com

What 6 Analyst Ratings Have To Say About Wynn Resorts

See More Headlines

WYNN Price History

30 days | 90 days | 365 days | Advanced Chart

WYNN Company Calendar

Last Earnings: 5/09/2023
Ex-Dividend for 6/6 Dividend: 5/22/2023
Today: 6/04/2023
Dividend Payable: 6/06/2023
Next Earnings (Estimated): 8/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Hotels & motels
Sub-Industry: Casinos & Gaming
Sector: Consumer Discretionary
Current Symbol: NASDAQ:WYNN
CUSIP: 98313410
CIK: 1174922
Web: www.wynnresorts.com
Phone: (702) 770-7555
Fax: 1 702 733-4681
Employees: 27,000
Year Founded: 2002

Price Target and Rating

Average Stock Price Forecast: $118.18
High Stock Price Forecast: $140.00
Low Stock Price Forecast: $67.00
Forecasted Upside/Downside: +17.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.14)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 59.03
P/E Growth: N/A
Net Income: $-423,860,000.00
Net Margins: -5.40%
Pretax Margin: -10.51%
Return on Equity: N/A
Return on Assets: -2.64%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.10
Quick Ratio: 3.05

Sales & Book Value

Annual Sales: $3.76 billion
Price / Sales: 3.04
Cash Flow: $1.89 per share
Price / Cash Flow: 53.06
Book Value: ($14.20) per share
Price / Book: -7.07

Miscellaneous

Outstanding Shares: 113,800,000
Free Float: 113,092,000
Market Cap: $11.42 billion
Optionable: Optionable
Beta: 2.04

Social Links

Key Executives

Craig S. Billings
Chief Executive Officer & Director

Julie Cameron-Doe
Chief Financial Officer

Ellen F. Whittemore
Secretary, Executive VP & General Counsel

Jay M. Schall
General Counsel-Asia Region

Amir Markowitz
Investor Relations Contact

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WYNN Stock - Frequently Asked Questions

Should I buy or sell Wynn Resorts stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wynn Resorts in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WYNN shares.
View WYNN analyst ratings or view top-rated stocks.
What is Wynn Resorts' stock price forecast for 2023?: 8 brokers have issued 1-year price targets for Wynn Resorts' stock. Their WYNN share price forecasts range from $67.00 to $140.00. On average, they expect the company's stock price to reach $118.18 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price.
View analysts price targets for WYNN or view top-rated stocks among Wall Street analysts.
How have WYNN shares performed in 2023?: Wynn Resorts' stock was trading at $82.47 on January 1st, 2023. Since then, WYNN shares have increased by 21.7% and is now trading at $100.35.
View the best growth stocks for 2023 here.
When is Wynn Resorts' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our WYNN earnings forecast.
How were Wynn Resorts' earnings last quarter?: Wynn Resorts, Limited (NASDAQ:WYNN) announced its earnings results on Tuesday, May, 9th. The casino operator reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.47. The casino operator earned $1.42 billion during the quarter, compared to analysts' expectations of $1.37 billion. The company's quarterly revenue was up 49.3% on a year-over-year basis. During the same period last year, the firm earned ($1.21) EPS.
Read the conference call transcript.
How often does Wynn Resorts pay dividends? What is the dividend yield for Wynn Resorts?: Wynn Resorts declared a quarterly dividend on Tuesday, May 9th. Shareholders of record on Tuesday, May 23rd will be paid a dividend of $0.25 per share on Tuesday, June 6th. This represents a $1.00 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Monday, May 22nd.
Read our dividend analysis for WYNN.
What ETFs hold Wynn Resorts' stock?: ETFs with the largest weight of Wynn Resorts (NASDAQ:WYNN) stock in their portfolio include iBET Sports Betting & Gaming ETF (IBET), Pinnacle Focused Opportunities ETF (FCUS), VanEck Gaming ETF (BJK), B.A.D. Etf (BAD), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), Pacer Lunt Large Cap Alternator ETF (ALTL) and First Trust Consumer Discretionary AlphaDEX Fund (FXD).
Is Wynn Resorts a good dividend stock?: Wynn Resorts (NASDAQ:WYNN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.00%.
Read our dividend analysis for WYNN.

What is Matt Maddox's approval rating as Wynn Resorts' CEO?: 234 employees have rated Wynn Resorts Chief Executive Officer Matt Maddox on Glassdoor.com. Matt Maddox has an approval rating of 87% among the company's employees.
What other stocks do shareholders of Wynn Resorts own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Wynn Resorts investors own include NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Walt Disney (DIS), Boeing (BA), Bank of America (BAC), Micron Technology (MU), JPMorgan Chase & Co. (JPM) and Las Vegas Sands (LVS).
What is Wynn Resorts' stock symbol?: Wynn Resorts trades on the NASDAQ under the ticker symbol "WYNN."
Who are Wynn Resorts' major shareholders?: Wynn Resorts' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.92%), Price T Rowe Associates Inc. MD (5.26%), State Street Corp (3.28%), Geode Capital Management LLC (2.00%), Fisher Asset Management LLC (1.95%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Betsy S Atkins, Craig Scott Billings, Ellen F Whittemore, Julie Cameron-Doe, Matt Maddox and Patricia Mulroy.
View institutional ownership trends.
How do I buy shares of Wynn Resorts?: Shares of WYNN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Wynn Resorts' stock price today?: One share of WYNN stock can currently be purchased for approximately $100.35.
How much money does Wynn Resorts make?: Wynn Resorts (NASDAQ:WYNN) has a market capitalization of $11.42 billion and generates $3.76 billion in revenue each year. The casino operator earns $-423,860,000.00 in net income (profit) each year or ($2.14) on an earnings per share basis.
How many employees does Wynn Resorts have?: The company employs 27,000 workers across the globe.
Does Wynn Resorts have any subsidiaries?: The following companies are subsidiares of Wynn Resorts: 10 Gardner Street LLC, 10 Lynde Street LLC, 10 Scott Place LLC, 103 Broadway LLC, 11 Thorndike Street LLC, 12 Lynde Street LLC, 12 Scott Place LLC, 127 Broadway LLC, 15 Mystic Street LLC, 18 Lynde Street LLC, 21 Thorndike Street LLC, 23 Bow Street LLC, 28 Lynde Street LLC, 3 Bow Street LLC, 32 Lynde Street LLC, 35 Mystic Street LLC, 40 Mystic Street LLC, 41 Bow Street LLC, 49 Bow Street LLC, 5 Thorndike Street LLC, 51 Bow Street LLC, 51 Mystic Street LLC, 55 Bow Street LLC, 57 Bow Street LLC, 6 Scott Place LLC, 61 Bow Street LLC, 63 Bow Street LLC, 68 Tremont Street LLC, 7 Scott Place LLC, 7 Thorndike Street LLC, 8 Lynde Street LLC, 80 Bow Street LLC, 82 Bow Street LLC, 98 Bow Street LLC, Asia Development LLC, Betbull Games Limited, Betbull Limited, Betbull Social Sports UK Limited, Chamber Associates LLC, Development Associates LLC, EBH Broadway LLC, EBH Holdings LLC, EBH MA Property LLLC, East Broadway LLC, Everett Broadway LLC, Everett Property LLC, Harthor Hospitality Services HK Limited, Harthor Hospitality Services Limited, Kevyn LLC, Las Vegas Jet Hangar LLC, Las Vegas Jet LLC, Lumini Hospitality Services HK Limited, Lumini Hospitality Services Limited, Massachusetts Property LLC, Nevada Realty Associates LLC, Palo Hong Kong Limited, Palo Manpower Hong Kong Limited, Palo Marketing Services Limited, Palo Real Estate Company Ltd., Rambas Marketing Co. LLC, SAC Hospitality Services HK Limited, SAC Hospitality Services Limited, SH Hoteleria Hong Kong Limited, SH – Sociedade de Hotelaria Limitada, Social Games Limited, Social Sports Limited, Sosyal Yazilim ve Danismanlik Hizmetleri AS, Toasty LLC, Valvino Lamore LLC, WA Insurance LLC, WDD Massachusetts Purchasing LLC, WLV Events LLC, WLV Labs LLC, WM Cayman Holdings Limited I, WM Cayman Holdings Limited II, WML Corp. Ltd., WML Finance I Limited, WSI Holdco LLC, WSI Investments LLC, WSI US LLC, WestWynn LLC, World Travel G-IV LLC, World Travel LLC, Worldwide Wynn LLC, Wynn Aircraft II LLC, Wynn Aircraft IV LLC, Wynn Aircraft LLC, Wynn Aircraft V LLC, Wynn America Group LLC, Wynn Design & Development LLC, Wynn Energy LLC, Wynn Gallery LLC, Wynn Golf LLC, Wynn Group Asia Inc., Wynn IOM Holdco I Ltd., Wynn IOM Holdco II Ltd., Wynn Indonesia Marketing LLC, Wynn Interactive LLC, Wynn Interactive LTD, Wynn International Marketing Ltd, Wynn Investments LLC, Wynn Las Vegas Capital Corp., Wynn Las Vegas Holdings LLC, Wynn Las Vegas LLC, Wynn MA LLC, Wynn Macau Development Company LLC, Wynn Macau Limited, Wynn Manpower Limited, Wynn Nightlife LLC, Wynn North Asia LLC, Wynn Online Store LLC, Wynn Plaza LLC, Wynn Resorts, Wynn Resorts Capital Corporation, Wynn Resorts Development, Wynn Resorts Development LLC, Wynn Resorts Finance LLC, Wynn Resorts Holdings LLC, Wynn Resorts Hotel Marketing & Sales, Wynn Resorts International Ltd., Wynn Retail LLC, Wynn Show Performers LLC, Wynn Social Gaming LLC, Wynn Social Sports Global, Wynn Social Sports US, Wynn Sunrise LLC, Wynn Vacations LLC, Wynn/CA JV LLC, Wynn/CA Plaza JV LLC, Wynn/CA Plaza Property Owner LLC, and Wynn/CA Property Owner LLC.
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How can I contact Wynn Resorts?: Wynn Resorts' mailing address is 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV, 89109. The official website for the company is www.wynnresorts.com. The casino operator can be reached via phone at (702) 770-7555, via email at investorrelations@wynnresorts.com, or via fax at 1 702 733-4681.

This page (NASDAQ:WYNN) was last updated on 6/4/2023 by MarketBeat.com Staff

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